Increasing investments in development by CAD vendors

Portland, OR -- (SBWire) -- 05/09/2018 --CAD is a software tool that is used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by several industries such as automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. These solutions allow end-users to develop prototypes of their products digitally before the commencement of the production. They also help engineers, architects, and design professionals draft industry-specific products that enhance the overall product development.

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Research analysts forecast the CAD market in APAC to post a revenue of 3.67 billion by 2020.

Covered in this report
The report covers the present scenario and the growth prospects of the CAD market in APAC for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of CAD software licenses and services.

The market is divided into the following segments based on end users:
Aerospace and defense industry
Automotive industry
Electrical and electronics industry
Others

CAD Market in APAC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Autodesk, Inc.
Dassault Systmes SE
PTC, Inc.
Siemens PLM Software

Other prominent vendors
BricsCAD
WD Encore Software
Graebert
RealCAD
SolveSpace
TurboCAD

Market driver
Shift from perpetual license model to subscription model
For a full, detailed list, view our report

Market trend
Developments in CAD modelling
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?