CAD market in the automotive Industry in North America to grow at a CAGR of 4.70% over the period 2014-2019: ResearchMoz

Albany – NY, Oct. 21, 2015 (GLOBE NEWSWIRE) — CAD is an effective and efficient tool for modeling and designing products and components with ease and accuracy. These solutions enable end-users to digitally prototype their products before production. They help engineers, architects, and other design professionals draft industry-specific products to enhance the development of products. CAD solutions are widely adopted by several industries such as automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. These solutions enable end-users to digitally prototype their products before production.

Technavio’s analysts forecast the CAD market in the automotive Industry in North America to grow at a CAGR of 4.70% over the period 2014-2019.

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Covered in this Report

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

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Key Vendors

  • Autodesk
  • Dassault Systèmes
  • PTC
  • Siemens PLM Software

Other Vendors

  • Aveva
  • Bentley System
  • Intergraph
  • IronCAD
  • Mentor Graphics

Market Driver

Need to Reduce Time to Market

For a full, detailed list, view our report

Market Challenge

High Cost of Implementation

For a full, detailed list, view our report

Market Trend

Shift toward Subscription Model

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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?

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