Global Computer-Aided Design (CAD) Software Market - Analysis and Forecast (2022-2030)

Industry Insights by Technology (2D Software, 3D Software), by Model (Solid, Surface, Wireframe), by Deployment (On-Premises, Cloud), by Level (Professional, Intermediate, Beginner), by Application (Aerospace & Defense, Automotive, Manufacturing, Healthcare, Media & Entertainment, Arts, Others)

Industry Overview

The global computer-aided design (CAD) software market was valued at USD 10.8 billion in 2021 and is predicted to reach USD 16.6 billion by 2030, growing at a CAGR of 7.9% during the forecast period. The factor responsible for the growth of CAD software across the globe is the more usage of CAD software in the automotive and manufacturing industries.

Market Segmentation

Insight by Technology

Based on technology, the global CAD software market is divided into two-dimensional (2D) and three-dimensional (3D) CAD software. 3D CAD contributed larger revenue to the global CAD software market in 2020 than 2D CAD and is also expected to be the leading technology throughout the forecast period. Increase in demand for drawing efficiency and accuracy along with increasing penetration of 3D across various application areas are the major factors driving the growth of the global 3D CAD software market.

Insight by Model

Based on the model, the global CAD software market is categorized into solid, surface, and wire-frame models. Among these, solid model contributed the largest revenue to the global CAD market, and is also expected to register the highest growth during the forecast period owing to the surge in the focus on precise designing and professional product prototyping.

Insight by Application

Automotive application has been contributing largest revenue in the global CAD software market. Complexity is rising everywhere, putting tremendous pressure on engineering organizations to become more effective, and faster with respect to product designing. As automakers across the globe are pinning their hopes on rising demand of advance, safe and reliable products, they are bound to introduce new variants and designs with latest designing software. CAD enables automakers to easily change and refine a design with high precision, covering all the features and dimensions of a particular product. The demand for advanced CAD software is also gaining high prominence in other application areas such as industrial machinery, aerospace, defense, and healthcare.

Industry Dynamics

Growth Drivers

The demand for quality automotive products has increased in recent years. Users are significantly focusing on quality products over brand value. This has resulted in a major recall of products by many manufacturers in the market. With millions of connected cars expected to be on road in coming years, designers are considering advanced solutions and tools provided by CAD software to align the design and development of products with error-free manufacturing. CAD plays a major role in ensuring utmost quality and precision while helping in manufacturing each part in the automotive industry.

Moreover, due to the increased investment in research and development (R&D) by product manufacturers to compete in the market, CAD software has gained significant interest of designers to produce less vulnerable automotive products. In addition, it lowers product recalls and further enables complex simulations of how new product designs will behave and function in response to the real-world forces while speeding up the time to market

Challenges

The high price of advanced CAD software is also a major factor negatively impacting the growth of the CAD software market. Due to high implementation and maintenance costs, advanced CAD software is not preferred by small-scale industries and designers. Apart from this, advanced CAD software require high configurable workstations to run effectively, thus, increasing the overall IT budget of the users.

Geographic Overview

Geographically, North America is the largest revenue contributor to the CAD software market. The rising usage of CAD in aerospace and automotive industries for prototyping products prior to production, is fueling its demand. In both industries, the design process contributes a small fraction of the total production cost. However, sometimes designing time varies and can make up to 40% of the overall project cost. In this context, CAD plays a significant role to bring down this cost to minimum, within the timeframe.

Asia-Pacific is projected to register the highest growth rate during the study timeframe, owing to the surge in the adoption of CAD software in the healthcare industry to provide better health treatment to people. In addition, the usage of CAD in the healthcare industry enables medical practitioners to design devices that make a disabled persons independent from the need of healthcare workers. Also, CAD is getting widely implemented for aiding breast tissue reconstruction in cancer patients, which is augmenting the market growth.

Competitive Insight

Key players operating in the global CAD software market include Dassault Systèmes SE, Autodesk Inc., Bentley Systems Inc., PTC Inc., Trimble Inc., Gstarsoft Co. Ltd., Hexagon AB, AVEVA Group plc., 3D Systems Corporation, CNC Software Inc., IronCAD LLC, AO Nanosoft, and SolidCAM GmbH. 

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry includes, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Technology
                1.2.2.    By Model
                1.2.3.    By Deployment
                1.2.4.    By Level
                1.2.5.    By Application
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Technology    
                5.1.1.    Two-Dimensional (2D) Software
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2030
                5.1.2.    Three-Dimensional (3D) Software
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2030
        5.2.    By Model
                5.2.1.    Solid
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2030
                5.2.2.    Surface
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2030
                5.2.3.    Wireframe
                        5.2.3.1.    Market Definition
                        5.2.3.2.    Market Estimation and Forecast to 2030
        5.3.    By Deployment
                5.3.1.    On-Premises
                        5.3.1.1.    Market Definition
                        5.3.1.2.    Market Estimation and Forecast to 2030
                5.3.2.    Cloud
                        5.3.2.1.    Market Definition
                        5.3.2.2.    Market Estimation and Forecast to 2030
        5.4.    By Level
                5.4.1.    Professional (Pro)
                        5.4.1.1.    Market Definition
                        5.4.1.2.    Market Estimation and Forecast to 2030
                5.4.2.    Intermediate
                        5.4.2.1.    Market Definition
                        5.4.2.2.    Market Estimation and Forecast to 2030
                5.4.3.    Beginner
                        5.4.3.1.    Market Definition
                        5.4.3.2.    Market Estimation and Forecast to 2030
        5.5.    By Application
                5.5.1.    Aerospace & Defense
                        5.5.1.1.    Market Definition
                        5.5.1.2.    Market Estimation and Forecast to 2030
                5.5.2.    Automotive
                        5.5.2.1.    Market Definition
                        5.5.2.2.    Market Estimation and Forecast to 2030
                5.5.3.    Manufacturing
                        5.5.3.1.    Market Definition
                        5.5.3.2.    Market Estimation and Forecast to 2030
                5.5.4.    Healthcare
                        5.5.4.1.    Market Definition
                        5.5.4.2.    Market Estimation and Forecast to 2030
                5.5.5.    Media & Entertainment
                        5.5.5.1.    Market Definition
                        5.5.5.2.    Market Estimation and Forecast to 2030
                5.5.6.    Arts
                        5.5.6.1.    Market Definition
                        5.5.6.2.    Market Estimation and Forecast to 2030
                5.5.7.    Others
                        5.5.7.1.    Market Definition
                        5.5.7.2.    Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By Technology
        6.2.    By Model
        6.3.    By Deployment
        6.4.    By Level
        6.5.    By Application
        6.6.    By Country
                6.6.1.    U.S. Market Estimate and Forecast
                6.6.2.    Canada Market Estimate and Forecast
                6.6.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Technology
        7.2.    By Model
        7.3.    By Deployment
        7.4.    By Level
        7.5.    By Application
        7.6.    By Country
                7.6.1.    Germany Market Estimate and Forecast
                7.6.2.    France Market Estimate and Forecast
                7.6.3.    U.K. Market Estimate and Forecast
                7.6.4.    Italy Market Estimate and Forecast
                7.6.5.    Spain Market Estimate and Forecast
                7.6.6.    Russia Market Estimate and Forecast
                7.6.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Technology
        8.2.    By Model
        8.3.    By Deployment
        8.4.    By Level
        8.5.    By Application
        8.6.    By Country 
                8.6.1.    China Market Estimate and Forecast
                8.6.2.    Japan Market Estimate and Forecast
                8.6.3.    India Market Estimate and Forecast
                8.6.4.    South Korea Market Estimate and Forecast
                8.6.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Technology
        9.2.    By Model
        9.3.    By Deployment
        9.4.    By Level
        9.5.    By Application
        9.6.    By Country
                9.6.1.    Brazil Market Estimate and Forecast
                9.6.2.    Saudi Arabia Market Estimate and Forecast
                9.6.3.    South Africa Market Estimate and Forecast
                9.6.4.    U.A.E. Market Estimate and Forecast
                9.6.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    Dassault Systèmes SE
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Autodesk Inc.
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Bentley Systems Inc.
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    PTC Inc.
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Trimble Inc.
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Gstarsoft Co. Ltd.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Hexagon AB
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    AVEVA Group plc.
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    3D Systems Corporation
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    CNC Software Inc.
                10.10.1.    Snapshot
                10.10.2.    Overview
                10.10.3.    Offerings
                10.10.4.    Financial Insight
                10.10.5.    Recent Developments
        10.11.    IronCAD LLC
                10.11.1.    Snapshot
                10.11.2.    Overview
                10.11.3.    Offerings
                10.11.4.    Financial Insight
                10.11.5.    Recent Developments
        10.12.    AO Nanosoft
                10.12.1.    Snapshot
                10.12.2.    Overview
                10.12.3.    Offerings
                10.12.4.    Financial Insight
                10.12.5.    Recent Developments
        10.13.    SolidCAM GmbH
                10.13.1.    Snapshot
                10.13.2.    Overview
                10.13.3.    Offerings
                10.13.4.    Financial Insight
                10.13.5.    Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global CAD Software Market Size, by Technology, 2018 - 2021 (USD Billion)
Table 5 Global CAD Software Market Size, by Technology, 2022 - 2030 (USD Billion)
Table 6 Global CAD Software Market Size, by Model, 2018 - 2021 (USD Billion)
Table 7 Global CAD Software Market Size, by Model, 2022 - 2030 (USD Billion)
Table 8 Global CAD Software Market Size, by Deployment, 2018 - 2021 (USD Billion)
Table 9 Global CAD Software Market Size, by Deployment, 2022 - 2030 (USD Billion)
Table 10 Global CAD Software Market Size, by Level, 2018 - 2021 (USD Billion)
Table 11 Global CAD Software Market Size, by Level, 2022 - 2030 (USD Billion)
Table 12 Global CAD Software Market Size, by Application, 2018 - 2021 (USD Billion)
Table 13 Global CAD Software Market Size, by Application, 2022 - 2030 (USD Billion)
Table 14 Global CAD Software Market Size, by Region, 2018 - 2021 (USD Billion)
Table 15 Global CAD Software Market Size, by Region, 2022 - 2030 (USD Billion)
Table 16 North America CAD Software Market Size, by Technology, 2018 - 2021 (USD Billion)
Table 17 North America CAD Software Market Size, by Technology, 2022 - 2030 (USD Billion)
Table 18 North America CAD Software Market Size, by Model, 2018 - 2021 (USD Billion)
Table 19 North America CAD Software Market Size, by Model, 2022 - 2030 (USD Billion)
Table 20 North America CAD Software Market Size, by Deployment, 2018 - 2021 (USD Billion)
Table 21 North America CAD Software Market Size, by Deployment, 2022 - 2030 (USD Billion)
Table 22 North America CAD Software Market Size, by Level, 2018 - 2021 (USD Billion)
Table 23 North America CAD Software Market Size, by Level, 2022 - 2030 (USD Billion)
Table 24 North America CAD Software Market Size, by Application, 2018 - 2021 (USD Billion)
Table 25 North America CAD Software Market Size, by Application, 2022 - 2030 (USD Billion)
Table 26 North America CAD Software Market Size, by Country, 2018 - 2021 (USD Billion)
Table 27 North America CAD Software Market Size, by Country, 2022 - 2030 (USD Billion)
Table 28 Europe CAD Software Market Size, by Technology, 2018 - 2021 (USD Billion)
Table 29 Europe CAD Software Market Size, by Technology, 2022 - 2030 (USD Billion)
Table 30 Europe CAD Software Market Size, by Model, 2018 - 2021 (USD Billion)
Table 31 Europe CAD Software Market Size, by Model, 2022 - 2030 (USD Billion)
Table 32 Europe CAD Software Market Size, by Deployment, 2018 - 2021 (USD Billion)
Table 33 Europe CAD Software Market Size, by Deployment, 2022 - 2030 (USD Billion)
Table 34 Europe CAD Software Market Size, by Level, 2018 - 2021 (USD Billion)
Table 35 Europe CAD Software Market Size, by Level, 2022 - 2030 (USD Billion)
Table 36 Europe CAD Software Market Size, by Application, 2018 - 2021 (USD Billion)
Table 37 Europe CAD Software Market Size, by Application, 2022 - 2030 (USD Billion)
Table 38 Europe CAD Software Market Size, by Country, 2018 - 2021 (USD Billion)
Table 39 Europe CAD Software Market Size, by Country, 2022 - 2030 (USD Billion)
Table 40 Asia-Pacific CAD Software Market Size, by Technology, 2018 - 2021 (USD Billion)
Table 41 Asia-Pacific CAD Software Market Size, by Technology, 2022 - 2030 (USD Billion)
Table 42 Asia-Pacific CAD Software Market Size, by Model, 2018 - 2021 (USD Billion)
Table 43 Asia-Pacific CAD Software Market Size, by Model, 2022 - 2030 (USD Billion)
Table 44 Asia-Pacific CAD Software Market Size, by Deployment, 2018 - 2021 (USD Billion)
Table 45 Asia-Pacific CAD Software Market Size, by Deployment, 2022 - 2030 (USD Billion)
Table 46 Asia-Pacific CAD Software Market Size, by Level, 2018 - 2021 (USD Billion)
Table 47 Asia-Pacific CAD Software Market Size, by Level, 2022 - 2030 (USD Billion)
Table 48 Asia-Pacific CAD Software Market Size, by Application, 2018 - 2021 (USD Billion)
Table 49 Asia-Pacific CAD Software Market Size, by Application, 2022 - 2030 (USD Billion)
Table 50 Asia-Pacific CAD Software Market Size, by Country, 2018 - 2021 (USD Billion)
Table 51 Asia-Pacific CAD Software Market Size, by Country, 2022 - 2030 (USD Billion)
Table 52 RoW CAD Software Market Size, by Technology, 2018 - 2021 (USD Billion)
Table 53 RoW CAD Software Market Size, by Technology, 2022 - 2030 (USD Billion)
Table 54 RoW CAD Software Market Size, by Model, 2018 - 2021 (USD Billion)
Table 55 RoW CAD Software Market Size, by Model, 2022 - 2030 (USD Billion)
Table 56 RoW CAD Software Market Size, by Deployment, 2018 - 2021 (USD Billion)
Table 57 RoW CAD Software Market Size, by Deployment, 2022 - 2030 (USD Billion)
Table 58 RoW CAD Software Market Size, by Level, 2018 - 2021 (USD Billion)
Table 59 RoW CAD Software Market Size, by Level, 2022 - 2030 (USD Billion)
Table 60 RoW CAD Software Market Size, by Application, 2018 - 2021 (USD Billion)
Table 61 RoW CAD Software Market Size, by Application, 2022 - 2030 (USD Billion)
Table 62 RoW CAD Software Market Size, by Country, 2018 - 2021 (USD Billion)
Table 63 RoW CAD Software Market Size, by Country, 2022 - 2030 (USD Billion)
Table 64 Snapshot – Dassault Systèmes SE
Table 65 Snapshot – Autodesk Inc.
Table 66 Snapshot – Bentley Systems Inc.
Table 67 Snapshot – PTC Inc.
Table 68 Snapshot – Trimble Inc.
Table 69 Snapshot – Gstarsoft Co. Ltd.
Table 70 Snapshot – Hexagon AB
Table 71 Snapshot – AVEVA Group plc.
Table 72 Snapshot – 3D Systems Corporation
Table 73 Snapshot – CNC Software Inc.
Table 74 Snapshot – IronCAD LLC
Table 75 Snapshot – AO Nanosoft
Table 76 Snapshot – SolidCAM GmbH

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global CAD Software Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global CAD Software Market Highlight
Figure 12 Global CAD Software Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 13 Global CAD Software Market Size, by Model, 2018 - 2030 (USD Billion)
Figure 14 Global CAD Software Market Size, by Deployment, 2018 - 2030 (USD Billion)
Figure 15 Global CAD Software Market Size, by Level, 2018 - 2030 (USD Billion)
Figure 16 Global CAD Software Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 17 Global CAD Software Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 18 North America CAD Software Market Highlight
Figure 19 North America CAD Software Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 20 North America CAD Software Market Size, by Model, 2018 - 2030 (USD Billion)
Figure 21 North America CAD Software Market Size, by Deployment, 2018 - 2030 (USD Billion)
Figure 22 North America CAD Software Market Size, by Level, 2018 - 2030 (USD Billion)
Figure 23 North America CAD Software Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 24 North America CAD Software Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 25 Europe CAD Software Market Highlight
Figure 26 Europe CAD Software Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 27 Europe CAD Software Market Size, by Model, 2018 - 2030 (USD Billion)
Figure 28 Europe CAD Software Market Size, by Deployment, 2018 - 2030 (USD Billion)
Figure 29 Europe CAD Software Market Size, by Level, 2018 - 2030 (USD Billion)
Figure 30 Europe CAD Software Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 31 Europe CAD Software Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific CAD Software Market Highlight
Figure 33 Asia-Pacific CAD Software Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific CAD Software Market Size, by Model, 2018 - 2030 (USD Billion)
Figure 35 Asia-Pacific CAD Software Market Size, by Deployment, 2018 - 2030 (USD Billion)
Figure 36 Asia-Pacific CAD Software Market Size, by Level, 2018 - 2030 (USD Billion)
Figure 37 Asia-Pacific CAD Software Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 38 Asia-Pacific CAD Software Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 39 RoW CAD Software Market Highlight
Figure 40 RoW CAD Software Market Size, by Technology, 2018 - 2030 (USD Billion)
Figure 41 RoW CAD Software Market Size, by Model, 2018 - 2030 (USD Billion)
Figure 42 RoW CAD Software Market Size, by Deployment, 2018 - 2030 (USD Billion)
Figure 43 RoW CAD Software Market Size, by Level, 2018 - 2030 (USD Billion)
Figure 44 RoW CAD Software Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 45 RoW CAD Software Market Size, by Country, 2018 - 2030 (USD Billion)