The next big thing that has occurred in the industrial machinery industry is the adoption of computer-aided design or CAD for packaging purposes. Driven by the growth in heavy equipment machinery manufacturing, the global CAD market in the industrial machinery industry is set to record a CAGR of more than 7% by 2020. With the introduction of the Industry 4.0 standard, the manufacturing process requires integration with IT features such as the internet of things (IoT) and cyber-physical systems. And as smart packaging is another major requirement of this industry, CAD is being increasingly used to create better packaging solutions.
With growing demand for 4D CAD and the development of smart factories, a number of players have emerged in the industry. In this blog, we highlight the top vendors who dominate the global CAD market in the industrial machinery industry, as identified by analysts at Technavio.
Top 10 CAD Companies Leading the Global CAD Market
Autodesk
An American multinational software corporation, Autodesk offers a wide range of software products for designers, engineers, and architects. The company has developed a diverse portfolio of CAD software programs that help users explore design ideas, visualize concepts, and simulate how designs will perform in the real world. Some of the key CAD products offered by Autodesk include:
- AutoCAD 360, mobile and web-based CAD application, is available on Android, iOS, and Windows devices
- Inventor, a mechanical design and 3D CAD software
- Fusion 360, a cloud-based CAD software
- Tinkercad, an online (browser based) CAD software
Dassault Systèmes
A European multinational software company, Dassault Systèmes offers a variety of 3D software applications and services worldwide. Its product development software applications enable 3D design, 3D CAD, engineering, simulation, modeling, data management, and process management. CATIA and SOLIDWORKS are some of its primary CAD software being used in the aerospace and defense sector, consumer packaged goods (CPG) and retail industries, in the sphere of life sciences, and for transport and mobility purposes.
PTC
PTC delivers and develops technology solutions such as software and services to optimize business functions such as manufacturing, engineering, supply chain, and services. Operating through two segments: software products and services, PTC serves in the areas of CAD, application lifecycle management, supply chain management, service lifecycle management, and PLM. Its product portfolio consists of Arbortext, PTC Creo, PTC Integrity, PTC Mathcad, PTC Windchill, and Servigistics. PTC offers CAD through its software PTC Creo.
Siemens PLM Software
Formerly known as UGS PLM Software, Siemens PLM Software designs, develops, and markets PLM software solutions and operates as a subsidiary of Siemens. Femap, Fibersim, LMS, NX, PLM Components, Seat Design Environment, Solid Edge, Syncrofit, Teamcenter, and Tecnomatix are some of its major product segments.
Encore
A product development company in information technology, Encore combines core technical expertise with a global business perspective. The company’s products and services range from DSP-based modem and speech coding technology to evolving key designs in embedded systems. Encore generates a steady stream of revenues from its technology licensing and design services. ViaCAD and Shark LT are some of its major CAD offerings.
BricsCAD
Developed by Bricsys, BricsCAD is a software application for computer-aided design (CAD). Headquartered in Ghent, Belgium, some of its major CAD software offerings include BricsCAD Platinum, BricsCAD Pro and BricsCAD Classic.
TurboCAD
A CAD software application for 2D and 3D design and drafting, TurboCAD runs on Macintosh and Microsoft Windows operating systems. TurboCAD Pro, TurboCAD Deluxe, TurboCAD Designer, TurboCAD LTE and TurboCAD LTE Pro are its major CAD software offerings.
SolveSpace
A parametric 3d CAD program, SolveSpace has applications in modeling 3D and 2D parts, 3D printed parts, preparing CAM data and is also used in mechanism design and plane and solid geometry. Parametric 2D/3D CAD is its primary CAD software offering.
RealCAD
RealCAD is one of the leaders in 2D and 3D CAD software. RealCAD Pro, RealCAD LT and RealCAD Draft are some of its popular CAD products. Its CAD solutions are some of the most affordable, intuitive and easy solutions available on the market.
Grabert
A leading developer of Custom CAD software, solutions, and services, Grabert’s CAD systems were the first to support Windows, Mac, and Linux and can be used on both desktop and mobile devices. Some of its major product offerings include ARES Commander, ARES Touch and ARES Mechanical.
Looking for an in-depth analysis of the usage of CAD in the industrial machinery industry?
Order the 2016-2020 Report on the Global CAD Market in the Industrial Machinery Industry
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