Global Computer-Aided Design Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Computer-Aided Design Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

CAD, or computer-aided design and drafting (CADD), is a technology for design and technical documentation, which replaces manual drafting with an automated process.

Market Overview:

The latest research study on the global Computer-Aided Design market finds that the global Computer-Aided Design market reached a value of USD 9223.27 million in 2022. It’s expected that the market will achieve USD 13289.73 million by 2028, exhibiting a CAGR of 6.28% during the forecast period.

Influence of COVID-19 Outbreak on Computer-aided Design (CAD) Industry Development

3D printing is an additive manufacturing technology, which creates objects by connecting or printing layers of materials on the basis of digital models. The main advantage of this technology is that it can be produced at low cost with only a few parts, because only one manufacturing machine is needed, and design blueprints and CAD files can be distributed or copied at the cost of locally purchased materials.

Computer-aided design is an important part of 3D printing. Most 3D printing processes require the use of CAD software because it provides instructions for building prototypes or products. 3D printers build objects by depositing materials on a substrate called a printing bed. The 3D printer is bound by the rules or instructions contained in the CAD file. They use the information contained in CAD files to determine how much material needs to be deposited and where it should be deposited accurately. Therefore, the manufacturing company must create a CAD file in advance. They will use CAD software to design object models of appropriate sizes and sizes. After completing the object model, save the CAD file and upload it to the 3D printer for processing. The 3D printer will then use the instructions contained in the CAD file to build the object.

Considering the accessibility, tangible design, product testing and flexibility of 3D printing, when the supply chain of key products is tight, 3D printing becomes very valuable, such as during the pneumonia epidemic in COVID-19, where hospitals and healthcare systems all over the world are facing a serious shortage of protective medical equipment supply. 3D printing can play a key role in the production of important equipment that is difficult to purchase, thus alleviating the short-term medical supply shortage during the crisis.

Manufacturers have joined hands to solve the supply problem during the pneumonia epidemic in COVID-19, producing ventilator valves, respiratory filters, test kits and mask snap rings. A public Google form has also been established to gather manufacturers from all over the world to provide 3D printing services for components such as oxygen valves. Meanwhile, 3D manufacturers around the world are developing 3D printing masks. The application of 3D printing technology during the epidemic situation has brought new development opportunities for the computer-aided design (CAD) industry and promoted the development of computer-aided design (CAD) industry.

COVID-19 stimulates the next wave of digitalization in various industries. Digital tools have been gradually adopted in some companies, and COVID-19 has prompted companies to adopt digital solutions at an unprecedented speed. Computer-Aided Design (CAD) images create virtual 3D models, and can also recreate existing spaces and visually transform spaces or planned locations. Images can be captured and accessed remotely across various devices. Due to COVID-19, the current social alienation and locked physical space have made digitalization more important.

Potential Market of Computer-aided Design

The combination of 3D printing and CAD software

The combination of 3D printing and CAD software has been used in some projects. Computer-aided design (CAD) of the object to be manufactured by using software and computer. Connect CAD software to a 3D printer, and then print the parts layer by layer. There are many types of 3D printers. Some can make plastic parts, while others can make parts of various types of metal, rubber and many other materials. Before 3D printing, parts need to be cast, forged, milled, turned or stamped in a press. Many parts are still made in this way. The combination of 3D printing and CAD software will improve the work efficiency and ability, and the development and application of 3D printing will start to rise, which may become a potential market for computer-aided design.

Electrical CAD

Electrical CAD software has many functions. Engineers can use the chart function to define which electronic components are used and which signals are used to connect them. Engineers can select components from the standardized centralized control library of the company. The layout function provides a way to create PCB outlines and place components within their boundaries by size. These functions can be used in 2D or 3D models. Tracking routing function enables engineers to define tracking paths in specific layers of PCB between electronic components, switch between layers of PCB, complete in 2D or 3D, and so on. ECAD helps to generate designs and models to help the industry improve productivity in a dynamic environment. The increasing demand of Electrical CAD downstream industry will promote the development of CAD industry.

Region Overview:

Asia-Pacific had the highest growth rate of all regions

Company Overview:

The major players operating in the Computer-Aided Design market include Autodesk, Dassault, Bentley Systems, Siemens Digital Industries Software and Hexagon, etc. Among which, Autodesk ranked top in terms of sales and revenue in 2022.

Segmentation Overview:

Among different product types, 2D segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Education segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Computer-Aided Design market covered in Chapter 3:

Bentley Systems, Inc.
Nemetschek SE
Autodesk, Inc.
Kubotek3D
PTC, Inc.
BobCAD-CAM, Inc.
Bricsys NV
IronCAD, LLC.
Dassault Systemes
Trimble Inc.
Robert Mcneel &Associates
3D Systems, Inc.
Aveva Group PLC
Advanced Computer Solutions Limited (ACS)
Hexagon AB
IMSI Design, LLC.
Siemens PLM Software

In Chapter 4 and Chapter 14.2, on the basis of types, the Computer-Aided Design market from 2018 to 2029 is primarily split into:

3-D Design
2-D Design

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Computer-Aided Design market from 2018 to 2029 covers:

Automotive
Aerospace & Defense
Industrial Machinery
Electrical & Electronics
Media & Entertainment
Healthcare
Construction & Architecture

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)