3D CAD Market Size, Status, Top Players, Trends in Upcoming Years
Posted by Devanshu Shrivastava on January 28th, 2021
Designers from the defense, aerospace, and industrial sectors are shifting from two-dimensional (2D) computer-aided (CAD) tools to three-dimensional (3D) CAD software, as it offers superior 3D quality to engineers and designers since it is less prone to human errors. The 3D CAD tool enables designers to envision several designing concepts and imitate the designs for their performance comprehension in the real world.
The designers can perform multiple tasks, ranging from simulating the flow of fluids to measuring vibrations of structural components, by incorporating advanced analytical solutions in 3D CAD tools. Moreover, the increasing employment of 3D CAD software in the automobile industry will drive the 3D CAD market growth at a CAGR of 4.9% during the forecast period (2016–2022). Owing to this factor, the value of the market will reach 7.2 billion dollar by 2022.
The automotive sector leverages this software in almost every manufacturing process to ensure optimum accuracy and quality. Moreover, automobile companies or product manufacturers are investing huge amount in research and development (R&D) to offer less-vulnerable and innovative solutions to compete in the market. Also, the 3D CAD technology allows for simulation and advanced modeling of communication control tools, while designing packaging machinery.
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These tools enable the optimization of motors and selection of actuators to reduce energy consumption and operational costs in end-use industries. Furthermore, the spurring demand for connected cars is compelling designers to adopt advanced tools and solutions that are integrated with 3D CAD software. Adoption of this software will enhance product development by resulting in error-free production.
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About the AuthorDevanshu Shrivastava
Joined: January 31st, 2020
Articles Posted: 105
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