|By PR Newswire||
|April 15, 2014 06:59 PM EDT||
DUBLIN, April 15, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/nl422t/cad_market_in_the) has announced the addition of the "CAD Market in the APAC Region" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The analysts forecast the CAD market in the APAC region to grow at a CAGR of 10.73 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need to develop superior-quality products. The CAD market in the APAC region has also been witnessing the integration of CAD with enterprise solutions. However, the easy availability of pirated and open source CAD software could pose a challenge to the growth of this market.
The report, CAD Market in the APAC Region, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the APAC region; it also covers the CAD market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
As a result of the increasing competition among companies for better customer retention and customer satisfaction, there is an urgency to develop high-quality products. Thus, several developing countries across the globe are witnessing increased investment, to meet the domestic and international demand for quality product development. This, in turn drives toward the increased adoption of CAD solutions that enables companies to effectively design products with better quality and accuracy.
Thus, several CAD vendors have started to vie for increased market reach to tap into the share of customers. These CAD vendors conduct seminars, participate in industrial exhibitions, have tie-ups with educational institutions, and exhibit their products alongside the products of the machine tool manufacturers. Further, they also conduct road shows in several industrial areas, across the countries in the APAC region.
According to the report, the CAD market in the APAC region is experiencing many growth drivers such as the increasing need to develop superior quality products. Many industries such as Civil, Automotive, Industrial Machinery, and Aerospace and Defense use CAD software to develop effective and efficient designs with the utmost ease and accuracy.
Further, the report states that a major challenge in the market is the easy availability of pirated and open source CAD software. The availability of pirated and open source CAD software adversely affects the revenue of CAD software vendors, thereby affecting the overall growth of the CAD market in the APAC region.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. End-user Segmentation
08. Geographical Segmentation
09. Computer-aided Design Market in Japan
10. Computer-aided Design Market in India
11. Computer-aided Design Market in Australia
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
20. Key Vendor Analysis
21. Other Reports in this Series
- Autodesk Inc.
- Aveva Group plc
- Bentley Systems Inc.
- CAXA Technology Co.
- Dassault Systèmes SA
- Project CAD Services Pty. Ltd.
- Siemens PLM Software Inc.
- Suzhou Gstarsoft Co.
- XS CAD Ltd.
- ZWSoft Co.
For more information visit http://www.researchandmarkets.com/research/nl422t/cad_market_in_the
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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