DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/pwjfdc/cad_market_in) has announced the addition of the "CAD Market in India 2015-2019" report to their offering.
Computer-aided design (CAD) is a software tool for modeling and designing products and components with ease and accuracy. The software package helps engineers, architects, and other design professionals to digitally prototype products prior to production, and draft industry-specific products. The automotive, aerospace and defense, industrial machinery, and electrical and electronics industries use CAD solutions. These solutions enable end-users to digitally prototype their products before production.
The automotive industry accounts for the highest number of R&D facilities in India, most of which are located in cities, such as Pune and Chennai. These facilities use CAD solutions to design various auto components, parts, and vehicles. We expect the R&D investment to continue growing during the forecast period, as vendors, including Maruti Suzuki, are increasingly investing in the setting-up new R&D facilities in India.
According to the report, CAD solution providers are increasingly focusing on tier II and tier III cities of India. Places, such as Surat, Vadodara, Ahmedabad, Jamshedpur, Nagpur, and Pune, are experiencing high growth in the manufacturing sector, which is increasingly employing CAD solutions for product designing.
High implementation cost of CAD has led to several companies in India turn away from the technology. The implementation is also a lengthy process, and so the ROI realization, resulting in a decline in demand for CAD in India.
Key Topics Covered
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- PLM Solution Overview
- PLM Cost Breakdown
- History of CAD
- CAD Present Scenario
- CAD Future Scenario
- CAD Development Strategy
- CAD Market Ecosystem
- Revenue Realization of Original CAD Solution Providers
- CAD Cost Breakdown
- Global R&D Expenditure
- Market Landscape
- Market Segmentation by Product
- CAD Market in India by Application Segmentation
- CAD Market in India by Application
- Market Segmentation by End-users
- Vendor Landscape
- Key Vendor Analysis
- 3D Systems
- Dassault Systèmes
- Mentor Graphics
- Robert McNeel & Associates
- Siemens PLM Software
For more information visit http://www.researchandmarkets.com/research/pwjfdc/cad_market_in