Market Overview:
The global CAD for VARs market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for CAD software from various end-use industries, such as automotive, aerospace, and defense. Additionally, the growing adoption of 3D printing technology is also contributing to the growth of this market. However, lack of awareness about CAD software among small and medium-sized businesses (SMBs) is restraining the growth of this market.
Product Definition:
CAD (Computer-Aided Design) is the use of computer technology to help create or modify designs. CAD software can be used to create drawings, models, and prototypes of products or parts. It can also be used to plan and simulate manufacturing processes. CAD systems are widely used in many industries, including engineering, architecture, and manufacturing.
3D:
3D is an extension to 2D and adds a third dimension to the image. The technology has been around for decades but only recently has it started gaining popularity in industries such as entertainment, gaming, architecture and automotive. 3D printing is also known as additive manufacturing which uses multiple layers of material (usually plastic) to create an object layer by layer.
2D:
2D is the part of computer graphics where two dimensional objects are created with the help of lines and shapes. The 2D CAD for VARs market has witnessed significant growth over the past few years owing to its increasing demand in various applications such as printing, publishing, engineering, architecture and others.
Application Insights:
The automotive industries segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for vehicles across various regions, coupled with growing awareness about VARs among automobile manufacturers.
The aerospace industries segment is also expected to grow significantly over the forecast period owing to rising demand for aircraft across various regions, particularly Asia Pacific and Middle East & Africa. The defense industries are estimated to witness steady growth on account of increasing military expenditure globally, particularly in North America and Europe.
Automotive parts manufacturing involves a high level of complexity along with numerous decisions regarding design changes during production stages which require constant monitoring & adjustment while manufacturing an automobile part or a vehicle itself.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of the regional market can be attributed to the presence of a large number of VARs and their strong support for digital transformation. The U.S., being one of the most developed countries, has been witnessing an increasing demand for CAD from various industries including automotive, aerospace and defense, construction, electrical & electronics among others over the past few years.
Asia Pacific is expected to emerge as a lucrative region with rapid growth opportunities due to increasing investments by various governments in developing infrastructure projects such as airports and high-density rail networks across major cities such as Beijing, Shanghai Pudong International Airport (BSPG) and Hong Kong airport are planning extensive remodeling projects that will include installation new systems using 3D designing technology among other upcoming trends that will drive demand for CAD software over next eight years (2016 - 2026).
Growth Factors:
- Increased demand for CAD software from the manufacturing and construction industries.
- The growing popularity of 3D printing and design services.
- The increasing use of CAD software in product development and engineering projects.
- The rising demand for customized CAD software solutions from businesses worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
CAD for VARs Market Research Report
By Type
3D, 2D
By Application
Automotive Industries, Aerospace Industries, Defense Industries
By Companies
DXC Technology, PITERION, Tata Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global CAD for VARs Market Report Segments:
The global CAD for VARs market is segmented on the basis of:
Types
3D, 2D
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industries, Aerospace Industries, Defense Industries
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DXC Technology
- PITERION
- Tata Technologies
Highlights of The CAD for VARs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 3D
- 2D
- By Application:
- Automotive Industries
- Aerospace Industries
- Defense Industries
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CAD for VARs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CAD for VARs is a software application that helps financial analysts and traders visualize and analyze data from financial statements.
Some of the major companies in the cad for vars market are DXC Technology, PITERION, Tata Technologies.
The cad for vars market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CAD for VARs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CAD for VARs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CAD for VARs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CAD for VARs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CAD for VARs Market Size & Forecast, 2018-2028
4.5.1 CAD for VARs Market Size and Y-o-Y Growth
4.5.2 CAD for VARs Market Absolute $ Opportunity
Chapter 5 Global CAD for VARs Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 CAD for VARs Market Size Forecast by Type
5.2.1 3D
5.2.2 2D
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global CAD for VARs Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 CAD for VARs Market Size Forecast by Applications
6.2.1 Automotive Industries
6.2.2 Aerospace Industries
6.2.3 Defense Industries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CAD for VARs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CAD for VARs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America CAD for VARs Analysis and Forecast
9.1 Introduction
9.2 North America CAD for VARs Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America CAD for VARs Market Size Forecast by Type
9.6.1 3D
9.6.2 2D
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America CAD for VARs Market Size Forecast by Applications
9.10.1 Automotive Industries
9.10.2 Aerospace Industries
9.10.3 Defense Industries
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe CAD for VARs Analysis and Forecast
10.1 Introduction
10.2 Europe CAD for VARs Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe CAD for VARs Market Size Forecast by Type
10.6.1 3D
10.6.2 2D
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe CAD for VARs Market Size Forecast by Applications
10.10.1 Automotive Industries
10.10.2 Aerospace Industries
10.10.3 Defense Industries
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific CAD for VARs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific CAD for VARs Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific CAD for VARs Market Size Forecast by Type
11.6.1 3D
11.6.2 2D
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific CAD for VARs Market Size Forecast by Applications
11.10.1 Automotive Industries
11.10.2 Aerospace Industries
11.10.3 Defense Industries
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America CAD for VARs Analysis and Forecast
12.1 Introduction
12.2 Latin America CAD for VARs Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America CAD for VARs Market Size Forecast by Type
12.6.1 3D
12.6.2 2D
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America CAD for VARs Market Size Forecast by Applications
12.10.1 Automotive Industries
12.10.2 Aerospace Industries
12.10.3 Defense Industries
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) CAD for VARs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) CAD for VARs Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) CAD for VARs Market Size Forecast by Type
13.6.1 3D
13.6.2 2D
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) CAD for VARs Market Size Forecast by Applications
13.10.1 Automotive Industries
13.10.2 Aerospace Industries
13.10.3 Defense Industries
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CAD for VARs Market: Competitive Dashboard
14.2 Global CAD for VARs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DXC Technology
14.3.2 PITERION
14.3.3 Tata Technologies
