London, 02 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the CAD market in France 2015-2019, which is projected to grow at a CAGR of 4.01% during 2015-2019.
The increased adoption of CAD in the automotive and aerospace and defense industries in France has contributed to the growth of the CAD market in France. Large international vendors are coming together to provide new upgrades or updates to the existing CAD users. These new developments are increasing the efficiency of the software, leading to an enhanced product quality and design.
“CAD solutions enable end-users to prototype their products digitally before the commencement of the production,” says Faisal Ghaus, Vice President of Technavio.
“They also help engineers, architects, and other design professionals draft industry-specific products that enhance the overall product development.”
Key Market Drivers
- Increased R&D Investment by CAD Solution Providers
- Presence of Large Number of Resellers/VARs
- Adoption of CAD in Automotive Industry
- Rise in Use of 3D CAD
Key Market Trends
- Use of Cloud-based CAD for Electric Automobile Design
- Partnership between Vendors to Develop New Updates
Key Market Vendors
- Autodesk Inc.
- Dassault Systèmes SA
- PTC
- Siemens PLM Software
https://www.technavio.com/%3Cp%3ETo%20define%20the%20market%20circumstanc…
