cad market in the automotive sector in apac 2015-2019
TRANSCRIPT
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CAD Market in the Automotive Sector in APAC 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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CAD Market in the Automotive Sector in
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Key Trends
Technavio’s Senior Analyst says, “Increased spending in R&D by companies across industries, such as automotive and industrial machinery, has contributed to the growth of the CAD market in APAC. Automobile manufacturers, such as Hyundai Motors invested $180 million to set up R&D facilities in China. Volvo Technology has established an R&D facility in Tokyo, Japan.”
• CAD is an effective and efficient tool for modeling and designing products and components with ease and accuracy. It helps engineers, architects, and other design professionals draft industry-specific products to enhance product development. Many industries such as automotive, aerospace and defense, industrial machinery, and electrical and electronics use CAD solutions. These solutions enable end-users to digitally prototype their products before production.
• Technavio's analysts forecast the CAD market in the Automotive sector in APAC to grow at a CAGR of 9.16% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
CAD Market in the Automotive Sector in APAC 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
CAD Market in the Automotive Sector in APAC 2015-2019
Autodesk
Dassault Systèmes
PTC
Autodesk was incorporated in California in April 1982, and was reincorporated in Delaware in May 1994. The company is headquartered in San Rafael, California, US. It is a multinational design software and services company that provides customers business solutions through technology, products, and services.
Dassault Systèmes was established in 1981 and is headquartered in Velizy-Villacoublay, France. The company provides software applications and services globally.
PTC was established in 1985 and is headquartered in Needham, Massachusetts, US. The company develops and delivers technology solutions that comprise software and services. Its solutions help consumers in discrete manufacturing companies to optimize business functions, including manufacturing, engineering, supply chain, and service.
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Market Landscape• The optimal utilization and deployment of CAD software increases the
operational efficiency by reducing product development time and cost.
• It also decreases the cost involved in cost of bad quality and improves productivity, performance, brand, and goodwill of a company by effectively and accurately meeting on time customer requirement.
• Technavio estimates that around 80% of the total product cost depends on product design.
• Poor design of a product leads to several in-house reworks and quality compromise.
• It also increases the MRO expenses, spoiling the credibility of vendors.
• Inefficient product design affect not only the immediate customers, but also percolate through the entire supply chain, impacting adversely the OEMs and others involved in the market, leading to logistical bottlenecks.
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Market Outlook• Technavio estimates that revenue generation from sales through partners will
exceed direct sales of original software providers in the future.
• Currently, system integrators and resellers/VARs are concentrated on specific industries, capturing niche markets.
• This trend will continue to grow with the emergence of several SMEs in the automotive, aerospace and defense, industrial machinery, and electrical and electronics industries.
• Technavio predicts an increased use of CAD solutions by SMEs, and also the likely entry of new original software providers into the market.
• These providers would roll out their products through resellers/VARs or system integrators due to their lack of market presence and brand visibility.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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CAD Market in the Automotive Sector in APAC
2015-2019
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