CAD refers to a software tool used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by industries, such as automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. The solutions help end-users develop prototypes of products digitally before the production stage. They also help in the development of industry-specific products.
Increasing use of CAD software in packaging industry, along with growing product recalls in automotive industry, are some of the key factors positively impacting the growth of the industry. However, availability of free and open-source CAD software, and high cost of advanced and 3D CAD software are the factors negatively impacting the growth of the market.

Market Analysis and Insights: Global CAD Market
The global CAD market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global CAD market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global CAD market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global CAD market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global CAD market.

Global CAD Scope and Market Size
CAD market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global CAD market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
3D
2D

Segment by Application
Automotive
Industrial Machinery
Aerospace
Defense
Electrical & Electronics
Healthcare
Arts
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Autodesk
Dassault Systèmes
PTC
Mentor Graphics
BricsCAD
Graebert
RealCAD
Solvespace
TurboCAD