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Global 3D CAD Software Market Share 2024, Forecast To 2033

25 Sep, 2024

The 3D CAD software market has shown robust growth, climbing from $10.43 billion in 2023 to $11.1 billion in 2024, reflecting a CAGR of 6.4%. This upward trend is linked to globalized design and manufacturing, rising product design complexity, the emergence of simulation and analysis tools, and a focus on product lifecycle management. Looking ahead to 2028, the market is anticipated to maintain strength, projected to reach $14.24 billion with a similar 6.4% CAGR. Growth drivers include expanding industries like automotive and healthcare, increased adoption of building information modeling (BIM), and a focus on sustainable design. Key trends encompass AI and ML advancements, technological innovations, mobile CAD applications, open-BIM collaboration, and parametric modeling advancements.

Major Driver In The 3D CAD Software Market

The increasing demand from the growing automotive industry is expected to drive the 3D CAD software market in the forecast period. CAD technology is applied in various ways during automotive engineering works and designing. It helps in prototyping and offers increased accuracy to reform work processes and to further develop their item plans for business development. In 2021, electric car sales doubled to 6.6 million from 3 million in 2020. Also, the manufacturing of cars in India grew to 30.82 lakh units in 2021, compared to 24.33 lakh units in 2020. Hence, the increasing demand for 3D CAD in the automotive manufacturing industry is expected to drive the 3D CAD software market growth. The market size for 2023 and 2024 is not provided. By 2028, the market is expected to grow, but specific figures are not mentioned.

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3D CAD Software Market Competitive Landscape

Siemens PLM Software Inc., Oracle Corporation, Intergraph Corporation, Hexagon AB, Autodesk Inc., Trimble Inc., ANSYS Inc., Parametric Technology Corporation, Dassault Systèmes, Bentley Systems Inc., Nemetschek Group, ZWSOFT Co. Ltd., Altair Engineering Inc., 3D Systems Inc., Corel Corporation, ESI Group, Graebert GmbH., ActCAD LLC, Onshape Inc., IronCAD LLC., Kubotek Corporation, Cadonix Ltd., Bricsys NV, CAXA Technology Co. Ltd., Graphisoft SE, Schott Systeme GmbH, SolidWorks Corp., Cimatron Ltd., TurboCAD, Encore Software, Ashlar-Vellum, CAD Schroer GmbH, CADENAS GmbH, Tech Soft 3D, OPEN MIND Technologies AG, Dassault Systèmes SolidWorks Corp., 3D Systems Corporation

Key 3D CAD Software Market Trend

Key players in the 3D CAD software market are focusing on the development of innovative solutions, such as comprehensive 3D CAD software packages. These packages are designed for creating, modifying, and optimizing three-dimensional digital models. In February 2021, Dassault Systèmes SE, a France-based software company, launched 'SOLIDWORKS for Makers' and 'SOLIDWORKS for Students'. The former is tailored for digital design enthusiasts and includes access to SOLIDWORKS Professional, 3D Creator, and 3D Sculptor, providing a robust suite of 3D design applications. The latter aims to enhance the employability of students by offering SOLIDWORKS Student, 3D Designer Student, and other tools for developing essential engineering and collaboration skills.

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3D CAD Software Market Segmentation

The 3D CAD software market covered in this report is segmented –
1) By Deployment Outlook: Cloud, On-premise
2) By Enterprise Size: Small Business, Midsize Enterprise, Large Enterprise
3) By Application: Automotive, Architecture, Healthcare, Manufacturing, Construction, Media And Entertainment, Engineering, Other Applications
By Geography:The regions covered in the 3d cad software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. North America was the largest region in the 3D CAD software market in 2023.

The 3D CAD Software Global Market Report 2024 furnishes information about the global 3d cad software market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.