TechNavio today launched its report Global CAD Market in the Automotive Industry 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”One of the major trends is the use of Computer-aided design (CAD) solutions in wire harness design. Thus, the future of the Global CAD market in the Automotive industry looks promising, with innovative products being introduced by vendors in the market.”
According to the report, with the advancements in technology, every product development company is looking to develop new and innovative products. Further, increasing demand from customers for better-performing, fuel-efficient, reduced carbon dioxide-emitting and eco-friendly products is also motivating automobile manufacturers to introduce new and efficient models. Thus the automobile manufacturers are increasingly relying on CAD software for developing new and innovative products. Thus, the evolution in the Automotive industry is inevitable and imminent among the automobile manufacturers.
Further, the report discusses that the high availability of open-source CAD software affects the growth of the commercial CAD vendors in the Global CAD market in the Automotive industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/DDtWy
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Report – Global CAD Market in the Automotive Industry 2011-2015
