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The APAC CAD market size is forecast to increase by USD 1.97 billion at a CAGR of 8.5% between 2023 and 2028. The Computer-Aided Design (CAD) market is experiencing significant growth, driven by the increasing adoption of software and services in various industries such as Drafting and Detailing for Civil and Construction, Reverse Engineering for Electrical and Electronics, and Design of Internal Combustion Engines (ICE) and Electric Vehicles (EVs) in Automotive. The trend towards subscription-based models is gaining momentum, offering flexibility and cost savings to businesses. Advanced technologies like Augmented Reality (AR) and Virtual Reality (VR) are being integrated into CAD systems, enhancing the design experience. However, the unauthorized use of pirated software remains a challenge, threatening intellectual property rights and market fairness. Furthermore, emerging technologies like 3D Printing and their applications in Aerospace and Military are fueling innovation and expanding the scope of CAD. Overall, the CAD market is poised for growth, driven by these trends and challenges.
Computer-Aided Design (CAD) has revolutionized the way industries approach designing and manufacturing products. This digital technology has become an indispensable tool for various sectors, including electronics, mechanical engineering, healthcare, construction, and robotics. CAD solutions enable engineers and designers to create accurate designs, product layouts, and design documentation. These tools have streamlined the design process, reducing the time taken to bring a product from concept to production. The integration of Electronic Design Automation (EDA) with CAD software has further enhanced the capabilities of these systems, allowing for the design and simulation of electronic circuits and systems. Cloud-based CAD solutions have gained significant traction in recent years. These solutions offer flexibility, accessibility, and cost savings. Design teams can collaborate in real-time, making it easier to work on complex projects from remote locations.
Moreover, additive manufacturing, also known as 3D printing, is another technology that has been transforming the manufacturing industry. Integration of CAD software with additive manufacturing systems enables designers to create complex geometries and prototypes that were previously difficult or impossible to manufacture using traditional methods. Smart design technologies, such as machine learning and artificial intelligence, are increasingly being integrated into CAD software. These technologies enable the automation of repetitive design tasks, reducing the workload on designers and engineers. They also provide valuable insights and recommendations based on historical data, leading to more efficient and effective design processes. Augmented Reality (AR) and Virtual Reality (VR) technologies are also being used in conjunction with CAD software. AR allows designers to visualize their designs in a more interactive way, enabling them to identify potential design issues and make improvements earlier in the design process.
Additionally, VR provides a more realistic simulation environment, allowing designers to test their designs in a virtual world before manufacturing. The construction industry is also benefiting from the adoption of CAD software. These tools enable architects and engineers to create detailed designs and simulations of buildings and infrastructure projects. They also facilitate collaboration between different stakeholders, ensuring that everyone is working towards the same goal. Smart manufacturing and fast production are other areas where CAD software is making a significant impact. These technologies enable real-time monitoring and control of manufacturing processes, reducing downtime and improving efficiency. They also enable predictive maintenance, reducing the need for unscheduled downtime and increasing overall productivity.
In conclusion, Computer-Aided Design (CAD) software and allied technologies are transforming industries by enabling faster, more accurate design and manufacturing processes. The integration of technologies such as EDA, additive manufacturing, machine learning, AR, VR, and smart manufacturing is leading to more efficient and effective design and manufacturing processes. The APAC CAD software market is expected to continue growing as more industries adopt these technologies to stay competitive in today's digital world.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The aerospace and defense industry segment is estimated to witness significant growth during the forecast period. The aerospace and defense sector in APAC is witnessing significant growth, driven by the increasing demand for operational efficiency, cost reduction, and compliance standards in manufacturing value chains. In this industry, Computer-Aided Design (CAD) software plays a crucial role in designing ammunitions and structures for aircraft. The CAD market in APAC is experiencing growth due to the rising adoption of advanced technologies such as robotics and mechatronics. Start-ups in the CAD ecosystem, including Vention and Onshape, are offering custom solutions to cater to the unique requirements of the aerospace and defense industry.
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The aerospace and defense industry segment was valued at USD 1.09 billion in 2018. The use of digital graphic tablets and CAD software enables design verification, ensuring the production of high-quality components for smart manufacturing. The construction of new aircraft and the replacement of traditional fuel-guzzling aircraft with low-noise, fuel-saving models are major growth drivers for the aviation industry in APAC. The increasing focus on smart manufacturing and the implementation of Industry 4.0 technologies are expected to further boost the growth of the CAD market in this region.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The shift from licensed-based model to subscription-based model is notably driving market growth. The Cad market has witnessed a shift towards subscription-based models, enabling users to access software and services on a term-based basis. Subscriptions can be quarterly, annual, two-yearly, or three-yearly, offering clients the flexibility to tailor the program to their specific requirements.
Additionally, this model significantly reduces acquisition costs and allows users to subscribe to Autodesk's extensive portfolio, which includes AutoCAD and emerging technologies like 3D printing and cloud computing. companies offer updated software versions with bug patches, ensuring users have access to the latest features and improvements. Subscription-based models provide a cost-effective solution for businesses, with on-premises CAD software and services available on flexible terms. Thus, such factors are driving the growth of the market during the forecast period.
Integration of AR and VR technologies with CAD is the key trend in the market. The integration of advanced technologies like Augmented Reality (AR) and Internet of Things (IoT) into 3D CAD software enables companies to create more intricate and advanced products. 3D printing technology, in particular, has gained significant traction due to its ability to expedite the production process and reduce costs. Digital designs for real objects allow for faster prototyping and design iterations.
Further, Virtual Reality (VR) technology is also being used as a valuable tool in this process, providing users with an interactive visual experience to identify design flaws and improve the overall quality of the final product. The implementation of these technologies has led to the development of more complex and sophisticated products, such as 3D printed ICE and EV components, advanced civil infrastructure designs, and intricate electronic devices. VR technology is also being used in healthcare applications for training purposes and in the aerospace and military industries for simulation and testing. In conclusion, software and services play a crucial role in enabling companies to create cutting-edge solutions and maintain a competitive edge in various industries. The incorporation of advanced technologies like AR, IoT, and VR into 3D CAD software and 3D printing processes is revolutionizing the way products are designed, developed, and manufactured. Thus, such trends will shape the growth of the market during the forecast period.
The rapid increase in use of pirated software is the major challenge that affects the growth of the market. The proliferation of pirated software in the CAD and EDA industries poses a substantial threat to companies, negatively impacting their revenue. Unauthorized sharing of purchased licenses among end-users is a common form of software piracy. Trade organizations like the Software Alliance play a crucial role in advocating for software developers worldwide, raising awareness about the risks associated with using pirated software.
In addition, the use of pirated CAD and EDA software often results in severe consequences, including, data loss and security breaches, increased expenses and time spent on system disinfection after malware infection, and loss of proprietary information These issues hinder the growth of cloud-based CAD solutions, additive manufacturing, smart design technologies, and emerging trends like Augmented Reality (AR) and Virtual Reality (VR) in the APAC region during the forecast period. It is essential for stakeholders to prioritize the adoption of genuine software to mitigate these risks and ensure the long-term success of their businesses. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
3D Systems Corp. - The company offers CAD softwares such as Geomagic, 3DXpert, and Amphyon.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Computer-Aided Design (CAD) has revolutionized the way industries create and innovate. CAD solutions enable mechanical designing, drafting detailing, and product layouts for various sectors such as electrical and electronics, civil and construction, healthcare, aerospace and military, and internal combustion engines (ICE) for electric vehicles. Electronic Design Automation (EDA) is another digital technology that complements CAD, facilitating the design of electronic circuits and systems. Cloud-based CAD solutions offer flexibility and accessibility, while additive manufacturing, augmented reality (AR), and virtual reality (VR) enhance the design process with smart technologies. Robotics, mechatronics, and custom solutions are integral to CAD, enabling faster production, accurate designs, and error reduction.
In conclusion, Machine learning and AI are increasingly being integrated into CAD software, offering design automation and simulation capabilities. The CAD software market caters to diverse industries, including architecture, engineering services, and start-ups. Subscription-based CAD software and perpetual licensing models cater to the needs of large enterprises. Design verification, reverse engineering, and 3D printing are essential applications of CAD software. CAD software suppliers provide solutions for 3D modeling, 2D software, solid modeling, and digital graphic tablets. The market also addresses the challenges of unlicensed software, pirated software, and official licenses. Infrastructure development, smart manufacturing, and design visualization are key benefits of CAD, driving its adoption across industries.
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Market Scope |
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Report Coverage |
Details |
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Page number |
143 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.5% |
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Market growth 2024-2028 |
USD 1.97 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.7 |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3D Systems Corp., Asahi Engineering Co. Ltd., Asia Infotech, Autodesk Inc., AZ Co. Ltd., Bentley Systems Inc., CAXA Technology Co. Ltd., CHUO ENGINEERING Co. Ltd., Dassault Systemes SE, Fujitsu Ltd., Gstarsoft Co. Ltd., Hexagon AB, Hitachi Ltd., Laserck Corp., PTC Inc., Siemens AG, Softwing Co. Ltd., and SOLIDENG CO. LTD. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the market forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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