Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the CAD market in APAC in their latest research report. This report also lists 6 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of CAD software and services to several industries in APAC.
- Automotive industry: These solutions are mainly used in manufacture and research of motor vehicles that include light passenger cars, light commercial vehicles, and heavy vehicles.
- Aerospace and defense industry: Cloud CFD is used in space programs for rockets that launch satellites into an orbit such as PSLV and for satellites communications, GPS, GIS, and weather monitoring.
This Technavio report, under enterprise application vertical, is based on the synthesis, analysis, and interpretation of information about the CAD market in APAC is collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
Competitive vendor landscape
The competition in the market is intense where the global vendors are forming mergers and acquisitions with smaller companies to maintain a competitive advantage over the latter. The companies are generating their revenue through direct sales, resellers or value-added resellers, and system integrators. The manufacturers are updating their technology to match the rapidly changing technological environment and to sustain the increasing competition in the market. Moreover, the vendors are forming strategic partnerships and offering products that distinguish them in the market and increase their customer base.
“Vendors are integrating special features and functionalities in their solutions to improve customer experience. The service providers are developing 4-D CAD solutions for enhanced operational performance and improved executions of project strategies. The facilitation of effective management of resources is possible by improving the constructability and sequencing of construction schedules using granular level information,” says Amrita Choudhury, a lead analyst at Technavio for research on an enterprise application.
Top five vendors in the CAD market space in APAC
They offer a varied range of software products for designers, engineers, and architects. They provide a platform for proficiently designed manufacturing layouts and equipment placement scenarios to manufacturers, factory owners, machine and equipment builders, and engineering service providers. The company is offering cloud-based solutions that help customers with streamlined design, collaboration, and data management processes. Recently, it has announced an initiative for Federal Risk and Authorization Management Program with the US federal government compliance process.
Key product: AutoCAD
The company offers various software solutions and development of software applications to its consumers. They have several subsidiary companies such as 3DVIA, Archivideo, and Simpoe. The organization is focusing on expanding its portfolio to cover the key product disciplines in the core markets of engineering, simulation, and manufacturing and developing industry-specific solutions for its consumers. In 2015, the company launched a customer-personalized product called 3DVIA Make application.
Key products: CATIA and SolidWorks
The company designs and produces EDA software and hardware solutions for electrical engineering and electronics. The organization provides various solutions such as 3D-IC design and test, DO-254, fabless/foundry ecosystem solutions, and low-power solutions. Recently the company signed an agreement with CADD Edge for distribution of electronic design and analysis products. It also launched FloEFD product with sliding water film, mesh, and enhanced radiation capabilities.
Key product: FloTHERM
The company develops technology solutions that include services and software solutions that allow consumers to optimize business functions, including supply chain, engineering manufacturing, and services. The solutions help to create, analyze, view, and leverage product designs by using 2-D CAD, 3-D CAD, parametric, and direct modeling. The organization has enhanced its portfolio of application lifecycle management and PLM solutions. Recently, PTC partnered with ServiceMax, a US-based provider of field service management solutions for technicians, to provide comprehensive and connected service solutions.
Key product: PTC Creo
Siemens PLM Software
The company operates as a subsidiary of Siemens and is designing, developing, and marketing of PLM software solutions. They provide data management solutions for managing, integrating, and designing products and a cloud-based application representing a 3-D view of the production facility. Some of the key highlights of their business activities during 2015 include a partnership with United Alliance to provide engineering analysis and simulation software and launches the Frontier Partner program with Siemens Technology to Business to provide PLM software to startup companies.
Key products: Solid Edge and NX
Other prominent vendors in the market include BricsCAD, WD Encore Software, Graebert, RealCAD, SolveSpace, and TurboCAD.
To read more press releases- click here.
Browse related reports:
- Global CAD Market in the Apparel Industry 2016-2020
- CAD Market in Australia 2015-2019
- CAD Market in the Automotive Sector in EMEA 2015-2019
- CAD Market in South Korea 2015-2019
For any assistance or query, please contact our media team at:
US: +1 630 333 9501
UK: +44 208 123 1770