CAD Market in the US to Grow at a CAGR of 4% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “CAD Market in the US 2015-2019” research report to their website http://www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 07/23/2015 --Report forecast the CAD market in the US to grow at a CAGR of 4% over the period 2014-2019.

CAD is an effective and efficient software tool for modeling and designing products and components with ease and accuracy. This software helps engineers, architects, and other design professionals digitally prototype products prior to production and draft industry-specific products to enhance their product development. CAD software is widely adopted by industries such as automotive, aerospace and defense, industrial machinery, and electrical and electronics.

The report covers the present scenario and the growth prospects of the CAD market in the US for the period 2015-2019. The market can be segmented into two product segments: 3D CAD and 2D CAD.

According to the report, the M&A transactions in the global CAD market are likely to increase with large companies acquiring medium and small software companies in a bid to boost their global footprint. For instance, Siemens acquired Unigraphics in 2007 to enter the global CAD market, and started selling NX software for product design. In 2012, Siemens PLM Software took over LMS, a leading test and mechatronic simulation software provider, to enter the simulation software market. Technavio expects Siemens PLM to engage in M&A transactions in future as well, to expand its product portfolio and boost revenues from the CAD and the global PLM market.

Further, the report states availability of free CAD solutions is one of the major challenges in the market.

The CAD Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers US; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

key players in the CAD Market in the US: Autodesk, Dassault Systèmes, PTC and Siemens PLM Software

Other Prominent Vendors in the market are: 3D Systems, BobCAD-CAM, IMSI/Design, IronCAD, Oracle and Robert McNeel & Associates

Key Country
- US

Market Driver
- Increased R&D Investment
- For a full, detailed list, view our report

Market Challenge
- High Training Cost
- For a full, detailed list, view our report

Market Trend
- Adoption of CAD with Augmented Reality
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 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?

Spanning over 95 pages and 25 Exhibits "CAD Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, PLM Solution Overview, PLM Solutions Selection Criteria, PLM Cost Breakdown, History of CAD, CAD Present Scenario, CAD Future Scenario, CAD Development Strategy, CAD Market Ecosystem, Revenue Realization of Original CAD Solution Providers, Global R&D Expenditure, Introduction, Market Overview, Market Segmentation by Product, 3D CAD Market in US by Application, 2D CAD Market in US by Application Segmentation, Market Segmentation by End-users, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit-
http://www.marketresearchreports.com/technavio/cad-market-us-2015-2019

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http://www.marketresearchreports.com/technavio/cad-market-us-2015-2019

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