3D CAD, or computer-aided design, is a powerful software tool used to create and edit 3D models of physical objects for various purposes such as product design, architectural visualization and engineering analysis. In product design, companies use 3D CAD to create detailed models of their products, which can be used for testing, prototyping, and manufacturing. This allows them to identify and fix any issues before the product goes into production, saving time and money. In architectural visualization, architects and builders use 3D CAD to create detailed models of buildings, allowing them to see the status of finished structure. In engineering analysis, this model is used to simulate how a product or structure will perform under different loads and conditions. Apart from this, this technology is used in manufacturing processes to create computer numerical control programs, which control machines that make physical parts, allowing manufacturers to create complex parts with precise dimensions and tolerances.
Increasing demand for product design and engineering across a range of industrial applications is expected to driving the growth of 3D CAD market. Industries, such as automotive, aerospace, and consumer goods, are the primary users of 3D CAD software that helps to create detailed designs and models of their products. For instance, this software finds application in the automotive industry, as it helps to design and model car parts and assemblies. Thus, the use of this can lead to better product design and engineering, and eventually resulting in enhanced product quality and reduction in production costs. Furthermore, governments globally increasingly require detailed 3D models for building and infrastructure projects to ensure safety and compliance with regulations, which is another factor driving the growth of this market. For instance, in the UK, the government has mandated that all publicly funded building and infrastructure projects must use building information modelling level 2, which requires 3D models for design, construction, and operation. This mandate applies to all new construction projects, major renovations, and extensions of existing buildings. Also, the Singapore Building and Construction Authority has introduced green mark scheme that requires the submission of information associated with 3D building information model, which primarily consist of information based on the building's energy consumption, water usage, and indoor environmental quality.
In addition, the robust growth in the medical and healthcare industries is a key driver for this market growth. Medical and healthcare professionals are increasingly using 3D CAD for a variety of applications such as surgical planning and training, prosthetics design, and medical device development. This makes it high demand across the medical and healthcare sector. However, the high cost of 3D CAD software and the limited availability of skilled professionals are major constraints in this market. The cost of 3D CAD software can be a significant barrier to entry for many companies, especially for small and medium-sized businesses.
Moreover, the rise in application of 3D printing along with virtual and augmented reality are creating numerous opportunities for this market. The increasing use of 3D printing for prototyping, manufacturing, and end-use products drives the demand for this market. 3D printing technology allows for the creation of physical objects from digital models, which opens up novel opportunities for this market. This is primarily due to several companies are turning to 3D printing solutions for the purpose of product development and manufacturing needs. In addition, virtual and augmented reality technologies are increasing opportunities for this market. Virtual and augmented reality are used in various applications such as virtual product demonstrations, virtual architecture walkthroughs, and virtual training simulations. These factors will boost the adoption for this software market.
New Mergers and Acquisitions
In January 2023, Style3D, a fashion technology company, completed the acquisition with Assyst, a leading fashion technology firm based in Munich. The acquisition will strengthen foothold of Style3D in Europe's fashion technology market, as well as enable the company to extend its 2D and 3D CAD-integration offerings. Style3D will now be uniquely positioned as a solution provider offering fashion companies a 3D-centric, all-in-one, seamless system. This will not only shorten development times but also help enhance the efficiency of products to market, thus reducing company costs and associated waste.
Segmental Overview
By model: The 3D CAD market is divided into wire-frame, surface, and solid. Wire-frame models are the most basic type of 3D CAD models, and they are often used for early concept design and prototyping. These models are made up of lines and points and generally not include any information with respect to the object's surface properties. It is also used in visualizing the basic shape and structure of an object and are often used in the automotive and aerospace industries. Surface models are more advanced than wire-frame models and are used for detailed design and engineering. These models include information about an object’s surface properties, such as color, texture, and finish. Solid models are the most advanced type of 3D CAD models, including information about the object's surface properties and internal structure, and others. It often finds usage in detailed engineering and manufacturing aspects and more commonly used in aerospace, automotive, and machinery manufacturing sector .
By deployment mode: The 3D CAD market is divided into on-premise and cloud. On-premise 3D CAD refers to software installed and run on a company’s servers, rather than being accessed through the cloud. On-premise 3D CAD software offers more control and customization options for the user, but also requires more maintenance and IT support. Cloud-based 3D CAD, on the other hand, refers to software that is accessed through the internet and runs on remote servers. Cloud-based 3D CAD software can be accessed from anywhere with an internet connection, making it more flexible and convenient for users. In addition, cloud-based 3D CAD software is often provided as a subscription service, eliminating the need for large upfront costs.
By application: The 3D CAD market is divided into aerospace and defense, automotive, manufacturing, healthcare, media and entertainment, and others. 3D CAD is widely used in the aerospace and defense industry to design and develop aircraft, spacecraft, and defense systems. Moreover, 3D CAD is widely used in the automotive industry to design and develop cars and other vehicles. This enables automotive engineers to optimize the design for performance, safety, and fuel efficiency. Furthermore, 3D CAD is widely used in the manufacturing industry to design and develop products, allowing engineers to create detailed models of products that can be used for simulation, testing, and manufacturing. 3D CAD is also used in healthcare for applications such as surgical planning and training, prosthetics design, and medical device development. On the other hand, this is used in the media and entertainment sector for various applications, such as film and video game animation, virtual reality, and special effects.
By region: The 3D CAD market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America is expected to have the largest market share in the 3D CAD market due to several large companies in the region that are involved in the manufacturing and construction industries. Furthermorde, The Asia-Pacific region is expected to be the fastest-growing region in this market due to the increasing adoption of 3D CAD software and services in the manufacturing and construction industries in countries such as China, India, and Japan.
Competitive Analysis
Competitive analysis and profiles of the major players in the 3D CAD market are 3D Systems Inc., Autodesk Inc., Aveva Group PLC, Bentley Systems Inc., Dassault Systèmes, Hexagon AB, IMSI Design, Nemetschek PTC Inc., Siemens PLM Software Inc., and SolidWorks Corporation. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of the 3D CAD market.
Increasing demand for product design and engineering across a range of industrial applications is expected to driving the growth of 3D CAD market. Industries, such as automotive, aerospace, and consumer goods, are the primary users of 3D CAD software that helps to create detailed designs and models of their products. For instance, this software finds application in the automotive industry, as it helps to design and model car parts and assemblies. Thus, the use of this can lead to better product design and engineering, and eventually resulting in enhanced product quality and reduction in production costs. Furthermore, governments globally increasingly require detailed 3D models for building and infrastructure projects to ensure safety and compliance with regulations, which is another factor driving the growth of this market. For instance, in the UK, the government has mandated that all publicly funded building and infrastructure projects must use building information modelling level 2, which requires 3D models for design, construction, and operation. This mandate applies to all new construction projects, major renovations, and extensions of existing buildings. Also, the Singapore Building and Construction Authority has introduced green mark scheme that requires the submission of information associated with 3D building information model, which primarily consist of information based on the building's energy consumption, water usage, and indoor environmental quality.
In addition, the robust growth in the medical and healthcare industries is a key driver for this market growth. Medical and healthcare professionals are increasingly using 3D CAD for a variety of applications such as surgical planning and training, prosthetics design, and medical device development. This makes it high demand across the medical and healthcare sector. However, the high cost of 3D CAD software and the limited availability of skilled professionals are major constraints in this market. The cost of 3D CAD software can be a significant barrier to entry for many companies, especially for small and medium-sized businesses.
Moreover, the rise in application of 3D printing along with virtual and augmented reality are creating numerous opportunities for this market. The increasing use of 3D printing for prototyping, manufacturing, and end-use products drives the demand for this market. 3D printing technology allows for the creation of physical objects from digital models, which opens up novel opportunities for this market. This is primarily due to several companies are turning to 3D printing solutions for the purpose of product development and manufacturing needs. In addition, virtual and augmented reality technologies are increasing opportunities for this market. Virtual and augmented reality are used in various applications such as virtual product demonstrations, virtual architecture walkthroughs, and virtual training simulations. These factors will boost the adoption for this software market.
New Mergers and Acquisitions
In January 2023, Style3D, a fashion technology company, completed the acquisition with Assyst, a leading fashion technology firm based in Munich. The acquisition will strengthen foothold of Style3D in Europe's fashion technology market, as well as enable the company to extend its 2D and 3D CAD-integration offerings. Style3D will now be uniquely positioned as a solution provider offering fashion companies a 3D-centric, all-in-one, seamless system. This will not only shorten development times but also help enhance the efficiency of products to market, thus reducing company costs and associated waste.
Segmental Overview
By model: The 3D CAD market is divided into wire-frame, surface, and solid. Wire-frame models are the most basic type of 3D CAD models, and they are often used for early concept design and prototyping. These models are made up of lines and points and generally not include any information with respect to the object's surface properties. It is also used in visualizing the basic shape and structure of an object and are often used in the automotive and aerospace industries. Surface models are more advanced than wire-frame models and are used for detailed design and engineering. These models include information about an object’s surface properties, such as color, texture, and finish. Solid models are the most advanced type of 3D CAD models, including information about the object's surface properties and internal structure, and others. It often finds usage in detailed engineering and manufacturing aspects and more commonly used in aerospace, automotive, and machinery manufacturing sector .
By deployment mode: The 3D CAD market is divided into on-premise and cloud. On-premise 3D CAD refers to software installed and run on a company’s servers, rather than being accessed through the cloud. On-premise 3D CAD software offers more control and customization options for the user, but also requires more maintenance and IT support. Cloud-based 3D CAD, on the other hand, refers to software that is accessed through the internet and runs on remote servers. Cloud-based 3D CAD software can be accessed from anywhere with an internet connection, making it more flexible and convenient for users. In addition, cloud-based 3D CAD software is often provided as a subscription service, eliminating the need for large upfront costs.
By application: The 3D CAD market is divided into aerospace and defense, automotive, manufacturing, healthcare, media and entertainment, and others. 3D CAD is widely used in the aerospace and defense industry to design and develop aircraft, spacecraft, and defense systems. Moreover, 3D CAD is widely used in the automotive industry to design and develop cars and other vehicles. This enables automotive engineers to optimize the design for performance, safety, and fuel efficiency. Furthermore, 3D CAD is widely used in the manufacturing industry to design and develop products, allowing engineers to create detailed models of products that can be used for simulation, testing, and manufacturing. 3D CAD is also used in healthcare for applications such as surgical planning and training, prosthetics design, and medical device development. On the other hand, this is used in the media and entertainment sector for various applications, such as film and video game animation, virtual reality, and special effects.
By region: The 3D CAD market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America is expected to have the largest market share in the 3D CAD market due to several large companies in the region that are involved in the manufacturing and construction industries. Furthermorde, The Asia-Pacific region is expected to be the fastest-growing region in this market due to the increasing adoption of 3D CAD software and services in the manufacturing and construction industries in countries such as China, India, and Japan.
Competitive Analysis
Competitive analysis and profiles of the major players in the 3D CAD market are 3D Systems Inc., Autodesk Inc., Aveva Group PLC, Bentley Systems Inc., Dassault Systèmes, Hexagon AB, IMSI Design, Nemetschek PTC Inc., Siemens PLM Software Inc., and SolidWorks Corporation. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of the 3D CAD market.
3D CAD Market Report Highlights
| Aspects | Details |
 By Model |
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 By Deployment Mode |
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 By Application |
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 By Region |
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 Key Market Players | SolidWorks Corporation, 3D Systems Inc., Hexagon AB, Bentley Systems Inc., Aveva Group PLC, IMSI Design, PTC Inc., Dassault Systèmes, Siemens PLM Software Inc., Autodesk Inc., Nemetschek |
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