Complexity In Construction Industry Paves Way To CAD
Fremont, CA: The Global CAD market in the Civil and Construction industry will grow at a CAGR of 7.57 percent over the period 2014-2018, reveals a report by ‘Research And Markets’, a source for international market research and market data.
The report covers geographical areas of APAC (Asia-Pacific) and EMEA (Europe, the Middle East and Africa) and is made based on in-depth market analysis and inputs from various industry experts. The study explains the need of implementing CAD in the complex and evolving Civil Construction industry.
CAD or computer aided design assists designers to create, modify and analyze designs, thereby improving their communication, productivity and database for manufacturing. It is the increased complexity in the civil and construction sector that paves way to CAD software.
In the recent years, there has been an increased demand for cloud based CAD software as they have advantages like huge data storage, cost-effectiveness, and flexibility, easy and remote access. Today, the only challenge to the CAD market is the availability of open- source CAD which offers universal access through free license, the report adds.
The report also carries discussion on key vendors like Autodesk Inc, Bentley Systems Inc, Dassault Systèmes S.A, Hexagon AB, and Parametric Technology Corp. It also answered a few crucial questions regarding CAD market like the expected CAD market size by 2018, challenges, and factors and about the threats to the key vendors in this market.