Fast Market Research announces the availability of the new TechNavio report, "Global CAD Market in Industrial Machinery Industry 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 12/20/2016 --CAD is a software tool that is used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by several industries such as the automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. These solutions allow end-users to develop prototypes of their products digitally before the production begins.

Technavio's analysts forecast the global CAD market in the industrial machinery industry to grow at a CAGR of 7.61% during the period 2016-2020.

Covered in this report

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

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

Get More Details on this Report and a Full Table of Contents at Global CAD Market in Industrial Machinery Industry 2016-2020

-Americas
-APAC
-EMEA

Technavio's report, Global CAD Market in Industrial Machinery 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

-Autodesk
-Dassault Systemes
-PTC
-Siemens PLM Software

Other prominent vendors

-BricsCAD
-Encore
-Graebert
-RealCAD
-SolveSpace
-TurboCAD

Market driver

-Increase in government initiatives in machine tools sector
-For a full, detailed list, view our report

Market challenge

-Threat of piracy
-For a full, detailed list, view our report

Market trend

-Development of smart factories
-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: Autodesk, Dassault Systemes, PTC, Siemens PLM Software, BricsCAD, Encore, Graebert, RealCAD, SolveSpace, TurboCAD

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