About 3D CAD
3D CAD is the use of computer software to design and document a product’s 3D design process. This technology assists engineers and architects in producing large & complicated designs. It gives a detailed description of any component in a graphical format and assists in engineering. Computer-aided design (CAD) is used to accomplish preliminary design plus layouts, design details and calculations, creating 3-D models, creating and releasing drawings, as well as interfacing with analysis, manufacturing, marketing, and end-user personnel. As manufacturers have rapidly shifted from 2D into 3D CAD in today’s digital world, designers have surged the use of it to enhance designs and improve communication.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global 3D CAD market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Autodesk Inc. (United States), Bentley Systems Inc. (United States), Dassault Systèmes (France), Gehry Technologies Inc. (United States), Ptc Inc (United States), Gstarsoft Co. Ltd. (China), 3D Systems Corp. (United States), Aveva Group Plc (United Kingdom), Hexagon (Sweden) and Ironcad Llc (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Ashampoo GmbH & Co. KG (Germany), CAXA Technology Co., Ltd. (China), Kubotek3D (United States) and VariCAD s.r.o. (Czech Republic).
Segmentation Overview
AMA Research has segmented the market of Global 3D CAD market by , Application (Automotive, Industrial Machinery, Defense, Electrical & Electronics, Aerospace, Healthcare and Arts) and Region.
On the basis of geography, the market of 3D CAD has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the 3D CAD market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Modelling, the sub-segment i.e. Solid Modelling will boost the 3D CAD market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Internet of Things Demands Design for Connectivity, Simulation and Generative Design Improvements Benefit Designers and Reality Capture and Augmented Reality Provide New Perspectives
Market Growth Drivers:
Shift From 2D CAD To 3D CAD, Use Of 3D CAD In Packaging Machinery and Latest Technological Advancements
Restraints:
Availability Of Free And Open-Source CAD Software and High Cost Of 3D CAD
Opportunities:
Demand For Mobile Access To 3D CAD, Cloud-Based CAD Service, Need For Advanced Real-Time Rendering and Increasing Use Of 3D Modeling
Market Leaders and their expansionary development strategies
On Oct 27, 2018, Hexagon announced to acquire Bricsys, a leading provider of the Bricsys Brics CAD platform solutions for AEC and MCAD markets. This acquisition is expected to strengthen the offerings of 3D CAD solutions to end-user industries.
Recently, ANSYS and PTC have announced a partnership at the sold-out LiveWorx 18 digital transformation conference to accelerate product innovation by providing customers with a world-class simulation-driven design solution. This collaboration will deliver ANSYS Discovery Live real-time simulation within PTC’s Creo 3D CAD software. This solution will offer customers a unified modeling and simulation environment, removing the limitations between CAD and simulation and empowering design engineers to gain insight into each of the numerous design choices they make throughout the product development process. This insight will enable design engineers to produce higher quality products while reducing product and development costs.
Key Target Audience
3D CAD Providers, Industry Investors, Industry association, Downstream vendors and Government Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.