The Key Players in CAD Market in the Aerospace and Defense Sector in EMEA 2015-2019, According to a New Study on ASDReports
The report, now available on ASDReports, recognizes the following companies as the key players in the CAD Market in the Aerospace and Defense Sector in EMEA: Autodesk, Dassault, PTC and Siemens
Other Prominent Vendors in the market are: 3D Systems, Cadonix, Graebert, IMSI, IronCAD, Mentor Graphics, Oracle, Robert McNeel, Schott Systeme, and Tebis.
CAD Market in Aerospace and Defense in EMEA 2015-2019
Commenting on the report, an analyst said: “The CAD market is witnessing increase in M&A between several vendors. Integrated MCAD and ECAD software and CAD with other PLM software are witnessing an increased demand from several end-users. Vendors are providing CAD on monthly subscription; for instance, Solid Edge monthly subscription for classic is $260. This trend is expected to continue in the future.”
According to the report, one of the major drivers in the market is the increasing demand for commercial aircraft in EMEA. In the next 20 years, the demand for new commercial aircraft is expected to be over 2,000 from the Middle East and over 7,000 from Europe. Africa also is expected to create a demand for nearly 1,000 aircraft in the next 20 years. This increased demand has boosted the manufacturing and design of new aircraft models by companies like Airbus and Boeing, which is expected to drive the CAD market in the industry.
Further, the report states that software piracy is a key concern for both vendors and end-users of CAD software.
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 vendors.
Source : ASDReports - Market Research - view original press release