Research and Markets (http://www.researchandmarkets.com/research/snq3th/cad_market_in) has announced the addition of the "CAD Market in China 2014-2018" report to their offering.

The analysts forecast the CAD market in China to grow at a CAGR of 12.51 percent over the period 2013-2018.

The CAD market in China market is driven by many growth factors. The need to reduce product development time is one of the major drivers in the CAD market in China. The increased demand in industries such as Automotive, Aerospace and Defense, and Industrial Machinery has led to an increase in CAD adoption rates in China.

Cloud computing technology is becoming popular among organizations, as it offers huge space for data storage, provides flexibility, and enables scalability. Hence, several CAD solution vendors have started developing cloud-based CAD solutions. This pay-per-use model of the CAD solution reduces the overall cost of adopting the software. Moreover, several users can remotely access cloud-based digital manufacturing software solutions at any time or in any place. Furthermore, the features of cloud-based digital manufacturing software can be scaled up more easily. Hence, the Global CAD Software market is witnessing an emerging trend where many vendors are developing cloud-based CAD solutions to meet the demands of the end-users.

Further, the report states that the availability of open-source CAD software is one of the major challenges in the CAD market in China. Many open-source CAD software solutions such as BRL-CAD and FreeCAD that are present in the market are posing a major threat to commercial CAD software vendors.

Key vendors dominating this space include:

  • Autodesk Inc.
  • Bentley Systems Inc.
  • Parametric Technology Corp.
  • Siemens AG.

Other vendors mentioned in the report are:

  • CAXA Technology Co. Ltd.
  • Dassault Systèmes SA
  • Suzhou Gstarsoft Co. Ltd.
  • ZWSoft Co. Ltd.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by End-users

08. Buying Criteria

09. Market Growth Drivers

10. Drivers and their Impact

11. Market Challenges

12. Impact of Drivers and Challenges

13. Market Trends

14. Trends and their Impact

15. Vendor Landscape

16. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/snq3th/cad_market_in

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Software