2020 CAD Report
By Kathleen Maher
CAD market shipments increased 9% sequentially from 2018 to 2019
The CAD market is growing and stronger than ever, thanks to the engine of digitalization, which affects every aspect of design and engineering and every discipline.
The market is anticipated to grow with a healthy growth rate of more than 2.4% over the forecast period 2018-2022.
|CAD reflects world economies. Revenues for the CAD software market from 2008 to 2022|
Before the arrival of the Coronavirus Pandemic, we forecasted the market for Computer-Aided Design software to continue on its growth path and reach USD $9 billion by 2022. As the chart demonstrates, we see the market taking a hit along with world economies and CAD-related markets including manufacturing and AEC. In our baseline forecast, we expect the market to resume its growth in 2022. We believe that the drivers fueling growth before the pandemic are still in place but will be delayed.
New players and broader applications are enabling strong growth in the CAD industry. The large CAD customers in the automotive, aeronautics, construction, machine design, and process & power industries are gravitating towards systems design. Customers are opting for integrated products from the same vendors, but they have also successfully forced their suppliers to ensure software from different companies works together.
The JPR report considers data from as many as 36 CAD companies making approximately 53 products, but we concentrate on the ten market leaders: Autodesk, Aveva, Bentley Systems, Dassault, Graebert, Hexagon, Nemetschek, PTC, Siemens Digital Industries, and Trimble.
The report looks at the market according to the major segments and provides market overall market share figures, and also market shares for major segments including AEC, Manufacturing, Process, Power & Marine, with sections on BIM and GIS as well. In addition, the report breaks out user numbers for 2D vs. 3D, and the major market segments.
The report highlights industry trends, drivers, and challenges and incorporates both qualitative and quantitative aspects of the industry.
“There is plenty of room for the leading CAD companies to forge their own way in specialized markets as world industries transform their workflows via digitalization. There is plenty of differentiation. But, even more than digitalization, 3D workflows, are enabling CAD customers to build digital twins to test and model designs before they are built and monitor them in operation,” says Analyst Kathleen Maher.
Pricing and Availability
JPR’s Worldwide CAD Market report is available now and sells for $6,000. Included with this report are four hours of consulting time.
JPR also publishes a series of reports on the Workstation market which covers the total market including system and accessories and looks at six regions.
Contact Robert Dow at JPR (Robert@jonpeddie.com) for a free sample of TechWatch.
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