PUNE, India, November 30, 2015 /PRNewswire/ --
The 3D CAD market in the aerospace and defense industry of Canada finds an increase in M&A between VARs. VARs provide CAD software such as SolidWorks, CATIA, NX, Solid Edge, and AutoCAD to the aerospace and defense industry customers in the region. They also provide value additions such as training and support for CAD software.
Complete report on global 3D CAD market spread across 109 pages, profiling 4 major companies and supported with 26 data exhibits is now available at http://www.sandlerresearch.org/global-3d-cad-market-2015-2019.html.
The analysts forecast the global 3D CAD market to grow at a CAGR of 6.06% over the period 2014-2019. The global 3D CAD market can be segmented into five end-user segments: aerospace and defense industry, automotive industry, electrical and electronics industry, industrial machinery industry, and others.
According to the report, the major factor driving the growth of the global 3D CAD market is the increased switching from 2D CAD to 3D CAD by end-users. Vendors prefer 3D CAD for mechanical design as it offers benefits such as reduced product design time, automatic flattening, creation of renderings and animations for design plan reviews, efficient data management, better internal design reviews, and lower product design costs.
Further, the report states that the high cost of software licenses, maintenance, and implementation makes it difficult for SMEs to adopt the software in product development processes. This has led to the high adoption of open-source and free CAD software globally, which is negatively affecting the demand for 3D CAD.
The key players in the global 3D CAD market are Autodesk, Dassault Systmes, PTC and Siemens PLM Software. Other Prominent Vendors in the market are: 3D Systems, BobCAD-CAM, Cadonix, CAXA, CHUO ENGINEERING, Graebert, Gstarsoft, Hitachi Sunway Information Systems, IMSI/Design, IronCAD, OnShape, Oracle, Robert McNeel & Associates, Schott Systeme, Tebis Technische Informationssysteme, YFCAD and ZWSoft. Order a copy of Global 3D CAD Market 2015-2019 report @ http://www.sandlerresearch.org/purchase?rname=46653.
Other related reports available for North America region are CAD Market in Electrical and Electronics Sector in North America 2015-2019 and CAD Market in the Aerospace and Defense Sector in North America 2015-2019. Both these reports have segmented CAD market into 3D CAD and 2D CAD. The analysts forecast CAD market in the electrical and electronics sector in North America to grow at a CAGR of 4.14% over the period 2014-2019. While the CAD market in the aerospace and defense sector in North America to grow at a CAGR of 4.2% over the period 2014-2019.
The key players profiled in both the reports are Autodesk, Dassault Systèmes, PTC and Siemens PLM Software. And the other prominent vendors in the market are 3D Systems, BobCAD-CAM, IMSI/Design, IronCAD, Mentor Graphics, OnShape, Oracle and Robert McNeel & Associates
Access CAD Market in Electrical and Electronics Sector in North America 2015-2019 report at http://www.sandlerresearch.org/cad-market-in-electrical-and-electronics-sector-in-north-america-2015-2019.html and CAD Market in the Aerospace and Defense Sector in North America 2015-2019 at http://www.sandlerresearch.org/cad-market-in-the-aerospace-and-defense-sector-in-north-america-2015-2019.html.
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