Global CAD Viewers Software Market Overview:
CAD viewer software allows the user to open and view CAD files that do not have CAD software. The software helps to annotate and sometimes offers the feature to edit various CAD file types such as DWG, STL, DXF, and IGES. In the software, the designers can access and explore all geometrical and metadata for a specific design file that enables them to make annotation, navigate layers and components and measure angles, surfaces and distances. CAD viewers can make maximum use of any design department that needs access to the files performings 3D and 2D modeling.
Growth Drivers
- The demand for the tool for maintaining the underlying information and real maths of the geometry with low cost without using CAD application. Also with benefits like easy file format sharing and collaboration, saving time and money
Roadblocks
- Limited Accessibility in Various types of Platform
Opportunities
- Technological Advancements in CAD Viewers Software
- Surging Demand for CAD Viewers Software for Collaborative Work
Challenges
- Various Number of CAD Viewers Software Substitute are Available in the Market
Competitive Landscape:
Some of the key players profiled in the report are Autodesk Inc. (United States), Dassault Systemes SE (DraftSight) (France), PTC Inc. (Onshape) (United States), Irfan View (Austria), Microspot Ltd. (United Kingdom), CADCAM-E Inc. (United States), Actify, Inc. (United Kingdom), CT CoreTechnologie Group (Germany), KISTERS Group (Germany) and CADSoftTools (Germany). Considering Market by Pricing Option, the sub-segment i.e. Free Trial will boost the CAD Viewers Software market. Considering Market by Platform, the sub-segment i.e. Desktop will boost the CAD Viewers Software market. Considering Market by Deployment, the sub-segment i.e. On-premise will boost the CAD Viewers Software market.
Latest Market Insights:
On 10th July 2019, CADCAM-E announced the launched os its free cloud-based CAD viewer product EnSuite-Web. The EnSuite-Web is a free viewer solution that works directly on the browser. Users can view files from all major CAD formats, including CATIA V5, CATIA V6 (3DXML), SOLIDWORKS, NX, Creo, Autodesk Inventor, Solid Edge, and JT among others. EnSuite-Web is built using CCE’s proprietary CAD interoperability technology that is currently being licensed by several top CAD Independent Software Vendors (ISVs).
On 1st November 2019, PTC Inc. announced the acquisition of Onshape, the developer of Onshape Software as a Service (SaaS) product development platform that unites robust computer-aided design (CAD) software with powerful data management and collaboration tools. The acquisition positions PTC to capitalize on the inevitable industry transition to SaaS.
What Can be Explored with the CAD Viewers Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global CAD Viewers Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in CAD Viewers Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global CAD Viewers Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in CAD Viewers Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes CAD Viewers Software Developers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.