Computer Aided Design (CAD) Producers and CAD Market Trend
Computer-aided design (CAD) is the use of computer programs to create, modify, analyze, and document 2D or 3D graphical representations of physical objects in place of manual sketches and product prototypes. CAD is widely used in computer automation and media effects as well as in product and industrial design. The key CAD products are CATIA, NX/UG, Pro/E, SolidWorks, SolidEdge, Inventor.
The global CAD market size was USD 8.1 billion in 2017 and will grow to USD 11.9 billion in 2022, with a CAGR of 8.0% from 2017 to 2022. The global CAD market size is expected to reach USD 16.4 billion in 2027, with a CAGR of 6.6% from 2022 to 2027.
Figure 2017-2027 Global CAD Market Size (Billion USD) and CAGR
Dassault, Autodesk and Siemens dominate the global CAD market with a combined market share of approximately 70%. The local and smaller players include Hexagon, PTC, Bentley Systems, AVEVA.