Feb 27, 2018   SOURCE: BusinessWire

Global Mechanical Computer-aided Design (MCAD) Market 2018-2022 - Key Vendors are Autodesk, Dassault Systmes, PTC & Siemens - ResearchAndMarkets.com

The "Global Mechanical Computer-aided Design (MCAD) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global mechanical computer-aided design (MCAD) market to grow at a CAGR of 7.35% during the period 2018-2022.

Global Mechanical Computer-aided Design (MCAD) Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in the market is high adoption of cloud-based PLM solutions in APAC. The availability of cloud-based PLM services, including MCAD, has increased in APAC. Industries are focused on reducing PLM adoption costs, which gives rise to the popularity of cloud-based PLM software.

One trend in the market is integration of ECAD and MCAD. The need for better integration of ECAD and MCAD arises from the growing complexity of product development due to the increasing demand for customized products from the end-users. In addition, an increase in the demand for electronics in sectors such as automobiles, which was dominated by mechanical parts only, is also promoting the need for the ECAD and MCAD integration.

Further, the report states that one challenge in the market is excessive cost of training. CAD software solutions have advanced functionalities and compatibility features. Since these are complex solutions, proper training in the technology is imperative for their optimal utilization in any organization. Professionals also need adequate training to use any upgrades to the existing system optimally.

Key vendors

  • Autodesk
  • Dassault Systmes
  • PTC
  • Siemens

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Market Segmentation By End-User

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/2ndllk/global_mechanical?w=4