DUBLIN, Ireland, April 14, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/4mmc2x/cad_market_in) has announced the addition of the "Concise Analysis of the CAD Market in North America " report to their offering. 

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The analysts forecast the CAD market in North America to grow at a CAGR of 9.99 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for enhanced product visualization. The CAD market in North America has also been witnessing the development of cloud-based CAD solutions. However, the availability of open-source and pirated CAD solutions could pose a challenge to the growth of this market. 

The report, Concise Analysis of the CAD Market in North America , has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on North America; it also covers the CAD landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Cloud computing technology is becoming increasingly popular among organizations because it offers huge data storage space, provides flexibility, and enables scalability. Hence, several CAD solution vendors have started developing cloud-based CAD solutions. The pay-per-use model also reduces the overall cost of CAD software adoption. Moreover, several users can remotely access cloud-based digital manufacturing software solutions at any time and in any place. 

Furthermore, cloud-based digital manufacturing software can be scaled-up with features easily. Hence, the CAD market in North America is witnessing an emerging trend where numerous vendors are increasingly developing cloud-based CAD solutions to meet the huge demand from end-users.

According to the report, in today's competitive business environment, on-time delivery of products is an important factor for companies. Enterprises have to delay product launches or delay delivering products on-time when suppliers delay the manufacturing and delivering of semi-finished products. However, the time required for product delivery can be drastically reduced if efficient CAD software is in place and if it is optimally utilized. 

Thus, the effective deployment of CAD software enables the streamlining of manufacturing operations and processes, which enables a faster response to ever-changing business requirements. This therefore paves the way for the development of better-quality designs that help in the seamless manufacturing of products. This in turn leads to faster and on-time delivery of quality products.

Key Topics Covered: 

1. Executive Summary

2. Scope of the Report

3. Market Research Methodology

4. List of Abbreviations

5. Introduction

6. Market Landscape

7. Market Segmentation by Product

8. Market Segmentation by End-users

9. Geographical Segmentation

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series


Companies Mentioned:

• Alibre Design
• Autodesk Inc.
• Aveva Group Plc.
• Bentley Systems Inc.
• Dassualt Systemes SA
• ESI Group
• Intergraph Corp.
• Nemetschek AG
• ProgeCAD
• PTC
• Siemens PLM Software Inc.

For more information visit http://www.researchandmarkets.com/research/4mmc2x/cad_market_in

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets