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3D CAD Software - Global Strategic Business Report

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    Report

  • 510 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5301801

Global 3D CAD Software Market to Reach $16.9 Billion by 2030

The global market for 3D CAD Software estimated at US$10.7 Billion in the year 2023, is projected to reach a revised size of US$16.9 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030.

On-Premise 3D CAD Software, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$10 Billion by the end of the analysis period. Growth in the Cloud 3D CAD Software segment is estimated at 7.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 7.8% CAGR

The 3D CAD Software market in the U.S. is estimated at US$3.1 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 5.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 94 Featured)

  • Autodesk, Inc.
  • Bentley Systems, Incorporated
  • Bricsys NV
  • CAXA Technology Co., Ltd.
  • Dassault Systmes
  • Graphisoft SE
  • Intergraph Corporation
  • Nemetschek
  • Oracle Corporation
  • PTC, Inc
  • Schott Systeme GmbH
  • Siemens AG
  • Siemens PLM Software, Inc.
  • SolidWorks Corporation
  • ZWCAD Software Co., Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • 3D CAD: Expanding the Realms in Design Agility
  • Technical Superiority over 2D CAD: Cornerstone for Present & Future Growth of 3D CAD
  • World 3D CAD Software Market by Application (2023 & 2030): Percentage Breakdown of Revenues for Manufacturing; Automotive, Architecture; Engineering & Construction, Healthcare; Media & Entertainment; and Other Applications
  • Global Market Prospects & Outlook
  • Pandemic Impact on the CAD Software Market
  • Myriad Benefits Offered Help Sustain Robust Momentum
  • Faster Time to Market Capabilities Encourage Wider Adoption
  • Comprehensive Support for Rapid Prototyping: A Major Driver
  • Developed Regions: Primary Revenue Contributors
  • Developed Regions Account for Over One-Third of World 3D CAD Software Market: Percentage Breakdown of Revenues for Developed and Developing Regions (2023 & 2030)
  • Fast Paced Growth Projected in Developing Regions
  • World 3D CAD Software Market - Geographic Regions Ranked by % CAGR (Revenues) for 2022-2030: China, Asia-Pacific, Latin America, Middle East, USA, Africa, Canada, Europe, and Japan
  • Competitive Scenario
  • 3D CAD Software - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Economic Update
  • Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024
  • Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Engineering Software: A Prelude
  • Computer-Aided Designing (CAD) Software
  • CAE Vs CAD
  • Focus on Automation & Integrated Solutions Programs Drive Engineering Software Demand
  • World Engineering Software Market by Application (2024E): Percentage Breakdown of Revenues for Product Design & Testing, Design Automation, Drafting & 3D Modeling, Plant Design, and Other Applications
  • CAD Remains Key Contributor to Engineering Software Market
  • 3D CAD Software: An Introduction
  • Recent Market Activity
  • Influencer Market Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Decoding Prominent Trends & Factors Shaping the Software Engineering Arena
  • Global CAD Software Market Maintains Positive Growth
  • An Insight into Trends Related to CAD Technology
  • Design Automation and CAD Customization
  • AI-assisted CAD Software, an Accelerating Innovation Area for the Oil & Gas Industry
  • AI-Enabled Software Tools Address Challenges of Engineering Processes
  • Generative Design Flips Engineering Process on Head
  • Generative Design Emerges as Dynamic Trend in 3D CAD Space
  • Domains Benefitting from 3D CAD Generative AI Tools
  • Engineering Software Reports Increasing Shift to the Cloud
  • Emphasis on Design Automation Favors Growth
  • Software Tools Streamline Drafting & 3D Modeling Processes
  • Virtual 3D Modelling and Simulation Finds Application in Smart City Planning
  • Focus on Reshaping City Resilience to Future Pandemics & Crisis Will Spur Rejuvenated Spending on Smart City Projects, Providing a Goldmine of Opportunities for Virtual 3D Modeling and Simulation: Global Smart City Spending (In US$ Billion) for the Years 2021, 2024 & 2027
  • Growing Adoption of Cloud-Based Design Automation Drives Investments in Engineering Software
  • Integrated Software Contribute to Reduced Prototyping Cost & Product Recalls
  • Sophisticated Software Solutions Drive Product Lifecycle Management Market
  • Technology Innovations and Product Improvements Spearhead Market Growth
  • Integrated 3D CAD Platforms: Order of the Day
  • Demand Remains Buoyant for Integrated ERP/3D CAD Solutions
  • CAD-Centric PLM Solutions Gain Traction
  • Cloud-based 3D CAD to Instigate Next Wave of Growth
  • Cloud-based CAD: A Game-Changer for Design & Engineering
  • CAD Moves from Legacy Web to Cloud-based Software
  • Cloud-based versus Traditional CAD
  • Why Cloud-based CAD is Spreading Wings?
  • Emphasis on Industry 4.0 Bodes Well
  • A Glimpse of First, Second, Third & Fourth Industrial Revolutions
  • Importance of CAD for Product Development in the Era of Industry 4.0
  • Rising Number of IoT Devices and Impact on CAD: An Overview
  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
  • Mobility: A Key Trend in CAD
  • Mobile CAD Applications Rise in Popularity
  • SMBs Emerge as Lucrative Consumer Vertical
  • Outsourcing of Manufacturing Processes to Emerging Economies Fuels Demand for 3D CAD Software
  • Architectural, Engineering & Construction (AEC) Industry - The Conventional End-User of CAD
  • Automotive Industry: A Leading 3D CAD Software Market
  • Latest Trends in Automotive Components Design Rev Up Opportunities
  • Automotive Production Dynamics to Shape Future Growth Outlook
  • World Automobile Production in Million Units: 2008-2022
  • Pandemic-Led Tech Adoption Holds Positive Implications for 3D CAD Software in the Automotive Market
  • Advent of Autonomous Vehicles and Rising Demand for Connected Cars to Boost Engineering Software Domains
  • Global Market for Autonomous Vehicles (In Units) for Years 2021, 2023, 2025 and 2027
  • Recovery in Aerospace & Defense Sector to Drive Growth
  • Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2040
  • 3D CAD Becomes Pivotal in Aircraft Components Modeling
  • Rising Adoption of 3D Printing Augurs Well for Market Growth
  • Global 3D Printing Market Size (in US$ Billion) for the Years 2019, 2022 and 2025
  • 3D Printing Integration into CAD Gaining Momentum
  • Growth in 3D Printing Encourages Use of 3D CAD Software
  • Global 3D Printing Market by Sector (2024E): Percentage Breakdown of Revenues for Architectural, Automotive, Business & Industrial Machines, Consumer Products, Defense & Aerospace, Education, Government, Healthcare/Medical/Dental, and Others
  • Resolving Prevailing Challenges: Critical for Future Success
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World 3D CAD Software Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for 3D CAD Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for 3D CAD Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for 3D CAD Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Architecture, Engineering & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Architecture, Engineering & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Architecture, Engineering & Construction by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 21: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 22: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 24: World Historic Review for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 25: World 16-Year Perspective for Media & Entertainment by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 27: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 28: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • 3D CAD Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
  • 3D CAD Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2023 (E)
JAPAN
CHINA
  • 3D CAD Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • 3D CAD Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • 3D CAD Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
INDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICABRAZILREST OF LATIN AMERICA
MIDDLE EAST
  • 3D CAD Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
AFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Autodesk, Inc.
  • Bentley Systems, Incorporated
  • Bricsys NV
  • CAXA Technology Co., Ltd.
  • Dassault Systmes
  • Graphisoft SE
  • Intergraph Corporation
  • Nemetschek
  • Oracle Corporation
  • PTC, Inc
  • Schott Systeme GmbH
  • Siemens AG
  • Siemens PLM Software, Inc.
  • SolidWorks Corporation
  • ZWCAD Software Co., Ltd.

Table Information