DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global CAD Market in the Automotive Industry 2016-2020" report to their offering.
The report forecasts the global CAD market in the automotive industry to grow at a CAGR of 5.26% during the period 2016-2020.
The report 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, role of CAD in mass customization will be a key driver for market growth. High demand for product customization increased the demand for CAD solutions across industries. Companies that relied on mass production due to its cost effectiveness are now resorting to mass customization. Product customization also leads to the creation of a single bill for materials that can be used once or multiple times depending on the end-user's requirements. CAD software plays a major role in determining the bill of materials at the design stage.
Further, the report states that high cost of switching will be a challenge for the market.
- Dassault Systèmes
Siemens PLM Software
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: PLM overview
PART 06: CAD and R&D
PART 07: Market landscape
PART 08: Geographic segmentation
PART 09: Buying criteria
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Five forces analysis
PART 16: Vendor landscape
PART 17: Key vendor profiles
PART 18: Appendix
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For more information about this report visit http://www.researchandmarkets.com/research/hmfj97/global_cad_market