202024 Nov
The Worldwide CAD Software Industry Is Predicted to Reach a Value of $18.7 Billion by 2030 - ResearchAndMarkets.com
Type
General News
Source
Businesswire
Summary

The 3D CAD software is widely being adopted because of the rising number of professionals in the designing field, majorly in healthcare, aerospace & defense, and automotive industries. The healthcare industry is predicted to register the fastest growth during the forecast period, as with the help of the 3D CAD software, 3D models can be created from data that is acquired from medical images, including MRI and CT scans. The region is further predicted to dominate the market during the forecast period, because of the increasing adoption of CAD software in the aerospace & defense industry for product prototyping. The Asia-Pacific region is projected to register the fastest growth during the forecast period, due to the increasing adoption of the software in India, Japan, and China for healthcare applications. The expected proliferation of connected cars on roads in near future is further making engineers to use innovative solutions and tools that are supported by CAD software for facilitating the development and design of products.

Classifications
  • Computer Aided Design (CAD)
  • Engineering & Scientific
  • Healthcare