Wednesday, 29 October 2014

Growth Forecast of the CAD Market in Civil and Construction Industry

About Growth Forecast of the CAD Market in Civil and Construction Industry 

Computer-aided drafting (CAD) is a computer based software which helps in creation, analysis, modification and optimization of an industrial design, often called as industrial art. CAD has a wide range of applications in various fields such as architecture, automotive, aerospace, shipbuilding, prosthetics, etc. With the use of CAD, a designer is able to draft a design more efficiently with less time consumption.

CAD is a single segment of the entire digital product development (DPD) activity of the product lifecycle management process (PLM). The use of CAD helps in increasing productivity, improving quality, creating database for manufacturing and improving communication through documentation. It also assists in designing 2D curves & figures and 3D curves & solids.
Research Beam adds a report titled “Global CAD Market in the Civil and Construction Industry 2014-2018.” The report consists of a detailed analysis of the global CAD market in the civil and construction industry. As per the report, the global CAD market is expected to register a CGAR of 7.57% during the forecast period i.e. 2014-2018.

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The increase in the complexity of the infrastructural projects is the major factor driving the growth of the global market. Also, the emergence of cloud-based CAD software would fuel the growth of the market in the future. The presence of open-source CAD software is a major threat to global market.

The report on CAD market provides the businesses across the globe with deep knowledge of the market dynamics of the CAD market in the civil and construction industry. The report covers geographical regions such as EMEA, America and APAC. The report is full-fledged study on the competitive landscape and growth prospects of the market in various geographical regions across the globe.

Companies profiled in the report are Parametric Technology Corp., Aveva Group plc, Autodesk Inc., Alibre Design, progeCAD, Dassault Systèmes S.A., ESI Group, Bentley Systems Inc. and Hexagon AB.

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