Global Engineering CAD Software Market Size May Reach $15.25 Billion by 2028

Engineering CAD software, also known as computer-aided design software, is a kind of software that utilizes computers and their graphic devices to assist designers in their design work. It is widely used in fields such as machinery, construction, home furnishings, textiles, etc., providing designers with powerful graphic drawing functions, enabling them to carry out design work more efficiently.
Overview of Market Development and Analysis of Segmented Markets
With the advancement of technology and the popularization of digitization, more and more enterprises and engineers are relying on engineering CAD software for product design and development, driving the rapid growth and development of the global engineering CAD software market. According to our research data, the global engineering CAD software market size reached $10.32 million in 2023. In the coming years, with the recovery of the manufacturing industry and the acceleration of digital transformation, the demand for efficient design and simulation software from enterprises will continue to increase, and the global engineering CAD software market will continue to maintain a growth trend. It is expected that its market size will increase to $15.25 billion by 2028.
From the perspective of product types, the engineering CAD software market mainly includes two categories: 2D engineering CAD software and 3D engineering CAD software. 2D CAD software is mainly used for the design of flat graphics, which can convert hand-drawn sketches into digital graphics and perform operations such as editing, modification, dimension annotation, and style modification; 3D engineering CAD software is mainly used for the design of three-dimensional graphics, which can create geometric models with three-dimensional spatial coordinates and perform operations such as rotation, scaling, movement, and copying. Among the two product types, 2D engineering CAD software dominates the market.
From the perspective of downstream applications, engineering CAD software is widely used in fields such as mechanical design, architecture design, art design, and education. Among them, the mechanical design field holds the largest market share.

Global Engineering CAD Software Market Size Forecast and Market Segment Analysis 

Global Engineering CAD Software Market Size Forecast and Market Segment Analysis

Source: www.globalmarketmonitor.com
Analysis of Market Development in Major Regions
From a regional perspective, North America, Europe, and the Asia Pacific region are the main markets for global engineering CAD software. Among them, North America is the largest revenue market. According to our data, the North American engineering CAD software market size in 2023 was $3538 million, with a market share of 34.30%; The European and Asia Pacific markets ranked second and third respectively with a share of 31.86% and 24.45%; The engineering CAD software market in South America, the Middle East, and Africa is relatively small, and market growth is also slow.

Global Engineering CAD Software Market Size and Share by Region in 2023

Regions

Market Size (Million USD)

Share

North America

3538

34.30%

Europe

3287

31.86%

Asia Pacific

2522

24.45%

South America

528

5.12%

Middle East & Africa

441

4.27%

Source: www.globalmarketmonitor.com

Market Development Trend Analysis

Emerging application areas: In addition to traditional mechanical and manufacturing fields, engineering CAD software is constantly expanding into new application areas, such as architecture, automotive, aerospace, electronics, etc. The demand for CAD software in these fields is also constantly increasing, providing new impetus for market growth.

Cloud and Intelligence: With the rapid development of cloud computing and artificial intelligence technology, engineering CAD software is moving towards cloud and intelligence. Cloudization can achieve data sharing and remote collaboration, improving design efficiency; Intelligence can improve design quality and reliability through functions such as intelligent assisted design and intelligent simulation.

Customization and specialization: With the diversification of CAD software requirements in different industries and fields, software developers will pay more attention to customization and specialized services to meet the needs of different customers. Customization can better meet the special needs of customers; Specialization can provide more professional solutions and technical support.

For more industry information, please refer to our latest released "2023 Global Engineering CAD Software Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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