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Computer Aided Design Software Market in India 2010-2014
Infiniti Research Limited, September 2011, Pages: 25
Technavio’s analysts forecast the Computer Aided Design (CAD) Software market in India to grow at a CAGR of 26 percent over the period 2010–2014. One of the key factors contributing to this market growth is the need to meet international quality standards. The CAD Software market in India has also been witnessing continuous transitions from 2D to 3D CAD. However, the increasing number of counterfeit products could pose a challenge to the growth of this market.
Key vendors dominating this market include Autodesk Inc., Dassault Systèmes, Siemens PLM, and Parametric Technology Corp.
Technavio’s Computer Aided Design Software Market in India 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the 3D as well 2D CAD Software market in India. It, however, does not cover Computer Aided Manufacturing (CAM), Computer Aided Engineering (CAE) or other engineering software solutions. In addition, the report covers the vendor landscape of the CAD Software market in India and the corresponding detailed analyses of the top four vendors (in terms of revenue). This market includes the revenues obtained from sale and renewal of software licenses, upgradation of the exiting solutions, and training costs.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Market Growth Drivers
07. Market Challenges
08. Market Trends
09. Key Vendor Analysis
09.1 Autodesk Inc.
09.2 Dassault Systemes SA
09.3 Siemens PLM
09.4 Parametric Technology Corp.
10. Other Reports in this Series
List of Exhibits
Exhibit 1: Computer Aided Design Software Market in India 2010–2014 ( US$ million)
Exhibit 2: Computer Aided Design Software Market in India by Vendor Segmentation 2010
CAD Market in India Transitioning from 2D to 3D
A recently published report by Technavio, specialists in emerging technologies market research, reveals that the Computer Aided Design Software market in India is expected to grow at a CAGR of 26 percent over the period 2010–2014. The report, which focuses specifically on India, indicates that the market is being driven by the need to meet international quality standards.
According to Technavio’s industry analyst, “With increasing competition, there is an urgency to develop quality products and achieve international quality accreditations. CAD deployment becomes useful in this scenario as it enables draftsmen to effectively design objects with better efficiency and quality. Moreover, several global automotive companies are outsourcing their services and increasing investments in India because of the country's low-cost manufacturability. This, in turn, increases competition among Indian suppliers to develop high-quality products for better revenue generation.”
The report also highlights that the increasing number of counterfeit products is hindering the growth of this market. However, decreasing product design and development costs are expected to keep driving the market. This market is also marked by a transition from 2D to 3D CAD. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
Technavio’s report, Computer Aided Design Software Market in India 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in this report include Autodesk Inc., Dassault Systèmes SA, Siemens PLM, and Parametric Technology Corp.