Boston, MA -- (SBWIRE) -- 01/16/2017 -- In the concept stage, CAD software is used to draw the first initial sketches of the product, leading to a better understanding of the product. The process involves the collaboration among several business units in the organization, leading to the adoption of cPDM. Collaboration takes place among suppliers; customers; and marketing, finance, and manufacturing divisions. The design stage involves the actual creation of the product.

Technavio's analysts forecast the global computer-aided design market in electrical and electronics industry to grow at a CAGR of 8.20% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global computer-aided design market in electrical and electronics industry for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of CAD software licenses and services.

Get More Details on this Report and a Full Table of Contents at Global Computer-aided Design Market in Electrical and Electronics Industry 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Computer-Aided Design Market in Electrical and Electronics Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Cadence Design Systems
-Synopsis
-Mentor Graphics
-Siemens PLM Software
-Dassault Systemes

Other prominent vendors

-3D Systems
-solidThinking
-Altium
-Autodesk
-Cadonix
-FreeCAD
-Suzhou Gstarsoft
-IronCAD
-KiCad
-Kubotek
-Vectorworks
-PTC
-Zuken
-ZWSOFT

Market driver

-Growth in global medical electronics market
-For a full, detailed list, view our report

Market challenge

-High cost of CAD software
-For a full, detailed list, view our report

Market trend

-Integration of ECAD and MCAD
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Cadence Design Systems, Synopsis, Mentor Graphics, Siemens PLM Software, Dassault Systemes, D Systems, solidThinking, Altium, Autodesk, Cadonix, FreeCAD, Suzhou Gstarsoft, IronCAD, KiCad, Kubotek, Vectorworks, PTC, Zuken, ZWSOFT

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