DUBLIN--(BUSINESS WIRE)--The "Technical Illustration Software - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Technical Illustration software market accounted for $3,321.92 million in 2017 and is expected to reach $5,708.34 million by 2026 growing at a CAGR of 6.2% during the forecast period.
Increased demand for SaaS-based travel and expense management software and Pricing strategies of vendors are some of the key factors driving the market. However, the regulation surrounding the impending arrival of autonomous vehicles is restraining the market growth.
Amongst Technology, 2D segment is dominated due to in 2D drafting software the illustrator views the project from a top-down perspective and can either work by a point-and-click method or by entering coordinates for the creation of lines and shapes.
By geography, Europe is dominated due to the increasing factors of the European Union regulations and warranty issues demanding higher-quality documentation. In many countries, Germany being among them, technical illustration is taught only at a handful of private institutions.
- Energy and Power
- Aerospace and Defense
- Other End-Users
- Autodesk Inc
- Dassault Systemes
- PTC Inc
- Canvas GFX Inc
- Corel Corporation
- Siemens Product Lifecycle Management Software Inc
- QuadriSpace Corporation
- Auto-Trol Technology Corporation
For more information about this report visit https://www.researchandmarkets.com/research/jklj7x/global_technical?w=4