3D Cad Market Overview
As per MRFR analysis, the 3D Cad Market Size was estimated at 16.68 (USD Billion) in 2022. The 3D Cad Market Industry is expected to grow from 18.61 (USD Billion) in 2023 to 50.0 (USD Billion) by 2032. The 3D Cad Market CAGR (growth rate) is expected to be around 11.6% during the forecast period (2024 - 2032).
Key 3D Cad Market Trends Highlighted
The 3D CAD market on a global scale is undergoing changes considering technological innovations and the change in industry requirements. Over the forecast period, factors such as the rising adoption of 3D printing, growing requirements for accuracy and customization in production, and a higher level of teamwork in the designing process will continue to drive market growth. An opportunity to tap includes the increasing penetration in developing regions for 3D CAD markets, new application development for the market, such as in healthcare or aerospace and a combination of 3D CAD with other technologies, such as artificial intelligence and the Internet of Things.
Some changes that are taking place in the 3D CAD and modeling markets include the growing trend of cloud solutions for this software, the emergence of pay-as-you, hence borrowing some principles from subscription systems trends and an increase in these technologies such as 3D scanning and 3D modeling. These trends are helping to add value to the market and making it possible for both the vendors and the users to seize up new opportunities created by the market trends.
Figure 1: 3D Cad Market Size, 2023-2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
3D Cad Market Drivers
Increasing Adoption of 3D Printing Technology
The growing adoption of 3D printing technology is a major driver of the Global 3D Cad Market Industry. 3D printing, also known as additive manufacturing, allows for the creation of complex and customized objects directly from digital models. This technology has numerous applications across various industries, including manufacturing, healthcare, aerospace, and automotive. As the adoption of 3D printing continues to expand, the demand for 3D CAD software, which is used to design and create 3D models for printing, is expected to increase significantly.
This factor is expected to drive the growth of the Global 3D Cad Market Industry in the coming years.
Rising Demand for 3D Visualization and Simulation
The increasing demand for 3D visualization and simulation is another key driver of the Global 3D Cad Market Industry. 3D visualization and simulation technologies enable businesses to create realistic and immersive representations of products, processes, and environments. These technologies are used for a variety of purposes, such as product design, architectural planning, and engineering analysis. As the demand for 3D visualization and simulation continues to grow, the need for 3D CAD software, which provides the foundation for creating 3D models, is expected to increase.
This factor is expected to contribute to the growth of the Global 3D Cad Market Industry.
Growing Need for Collaborative Design and Engineering
Along the same line, another factor that is contributing to the expansion of the Global 3D Cad Market Industry has to do with the growing need for collaborative design and engineering. In the realm of contemporary project-designing realities, it now gradually becomes a common occurrence for the given activity to be entrusted not just to the single design group but to several of them. This is being done in order to increase the likelihood of a complex project’s successful implementation.
The effects that this ongoing process of the growing need for collaborative design and engineering is likely to have on the scope of demand for 3D CAD software can be considered as a factor that contributes to the expansion of the Global 3D Cad Market Industry.
3D Cad Market Segment Insights
3D Cad Market Deployment Model Insights
The cloud and on-premises are two sub-sectors of the Global 3D CAD Market’s deployment model section. Cloud solutions have gained popularity in recent times due to sheer benefits like scalability and cost-effectiveness over traditional on-premises 3D CAD solutions. The cloud-based software is hosted on remote servers and its users can employ it from any device with internet access. It also saves its user’s cost of the hardware and software infrastructure in-house. The users can install it just over the intranet. Moreover, the users can scale their usage of the cloud-based solutions, which can help them save a substantial amount directly proportional to the hardware capacity.
In light of these benefits, the cloud deployment segment is being widely used by small and medium-sized businesses. Additionally, according to industry reports, the 3D CAD Market for the cloud sector is projected to expand at a CAGR of 12.5% between 2023 and 2032 and is anticipated to rise to a valuation of USD 26.5 billion by 2032. However, deployment through on-premises is characterized by the need for local computer hardware and systems by an organization. The users of the software experience greater exposure to control in relation to the customization and location of applications and data on servers.
It ensures greater flexibility and scalability as well as security. Despite these benefits, IT hardware is quite costly, and in addition to hiring IT personnel, it entails an expensive investment process. Furthermore, it is somewhat less scalable and flexible than its cloud-based counterparts and suffers from optical limitations. Nevertheless, the on-premises usage is still prevalent among large corporations who require a high degree of customization in-house and implementation and control of data on-premise. In addition, according to industry reports, the 3D CAD Market for this alternative segment is anticipated to grow at a CAGR of 8.2% between 2023 and 2032.
It is also anticipated to increase its valuation to USD 23.5 billion by 2032.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
3D Cad Market End-User Industry Insights
The Global 3D Cad Market is segmented based on end-user industry into architecture, construction, manufacturing, automotive, aerospace, healthcare, and education. Among these segments, the manufacturing industry held the largest market share of 38.4% in 2023 and is expected to maintain its dominance throughout the forecast period. The growth of the manufacturing segment can be attributed to the increasing adoption of 3D CAD software for product design, prototyping, and manufacturing processes. The construction industry is another major segment, accounting for a market share of 26.5% in 2023.
The increasing use of 3D CAD software for building design, construction planning, and facility management is driving the growth of this segment. The automotive and aerospace industries are also significant segments, with market shares of 15.2% and 10.3%, respectively, in 2023. The adoption of 3D CAD software for vehicle design, simulation, and manufacturing is fueling the growth of these segments.
3D Cad Market 3D Modeling Type Insights
The Global 3D CAD Market is segmented by 3D Modeling Type into Solid Modeling, Surface Modeling, Parametric Modeling, and Mesh Modeling. Solid Modeling is expected to have the largest market size in 2023, owing to its extensive use in various industries, including manufacturing, automotive, and aerospace. Surface Modeling is projected to witness significant growth, driven by the increasing demand for 3D printing and visualization. Parametric Modeling is anticipated to gain traction due to its ability to create complex models with ease and efficiency.
Mesh Modeling is expected to see steady growth, fueled by its applications in computer graphics, animation, and gaming.
3D Cad Market Application Type Insights
The Application Type segment of the Global 3D CAD Market is expected to witness significant growth in the coming years, driven by increasing demand across various industries. Product Design is projected to account for a substantial portion of the market revenue, owing to its widespread adoption in sectors such as automotive, aerospace, and consumer products. Simulation is another key application type with growing adoption in industries such as manufacturing, construction, and healthcare. Visualization is gaining traction due to its ability to create realistic 3D models for product presentations, marketing materials, and training purposes.
Reverse Engineering is also expected to contribute to market growth, as it enables businesses to recreate existing products or components. Rapid Prototyping is another promising application type, as it allows for the creation of physical prototypes from 3D models, accelerating product development processes. Overall, the Application Type segment of the Global 3D CAD Market presents numerous growth opportunities for vendors, driven by increasing adoption across diverse industries.
3D Cad Market Pricing Model Insights
The Global 3D CAD Market is segmented based on pricing model into subscription-based, perpetual license, and pay-as-you-go. Among these, the subscription-based pricing model is expected to dominate the market in the coming years, owing to its several benefits, such as lower upfront costs, flexibility, and access to the latest software updates. The pay-as-you-go pricing model is also gaining popularity, as it allows users to pay only for the resources they use. The perpetual license pricing model, on the other hand, is expected to witness a decline in its market share due to the rising adoption of cloud-based solutions.
This growth is attributed to the increasing adoption of 3D CAD software in various industries, such as manufacturing, architecture, and engineering.
3D Cad Market Regional Insights
The Global 3D Cad Market was valued at USD 18.61 billion in 2023 and is expected to reach USD 50.0 billion by 2032, exhibiting a CAGR of 11.6% during the forecast period. Regionally, North America held the largest revenue share in 2023, accounting for approximately 38.5% of the global market. Europe stood as the second-largest region, capturing around 27.2% of the market revenue. The APAC region is anticipated to register the fastest growth rate over the forecast period, owing to the rising adoption of 3D CAD software in industries such as automotive, aerospace, and consumer products.
South America and MEA are also expected to contribute significantly to the market growth, driven by the increasing demand for 3D CAD solutions in infrastructure development and manufacturing sectors.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
3D Cad Market Key Players And Competitive Insights
Getting an edge in the 3D Cad Market field does not only come from offering the best solution; in most cases, the major players and many of the emerging startups are in a continuous struggle to broaden their package and thus extend their spread throughout the market. For this reason, the principal contenders involved in this process rely, for the most part, on acquisitions, partnerships, or collaborations to amplify their reach and consequently expand and consolidate their market position. Besides, the rapidly changing technological environment and the increasing adoption of 3D printing drive the development of 3D Cad solutions, which in turn shape the very structure of the 3D Cad Market and, hence, the competitor landscape.
Autodesk is a key player in the 3D Cad Market, accounting for a large portion of the slice carved by 3D design and engineering software. The company managed to achieve a leading position because of its cloud-based approach, its attention to interoperability and industry specialization. The focus on developing customer-tailored solutions and the continuous interest in conducting research and development enables Autodesk to stay ahead of the curve and quickly adapt to technological changes. Dassault Systemes is another powerful player in the 3D Cad Market, boasting a wide range of solutions spanning all aspects of product development. This company benefits from the current trend toward digital transformation and the ever-increasing adoption of its 3DEXPERIENCE platform. Dassault Systems manages to stay relevant due to its close partnerships with big companies and a sustained effort to provide customers with optimal solutions. Moreover, as the market focuses more on environmental concerns, the company benefits from its proactiveness in sustainable innovation.
Key Companies in the 3D Cad Market Include
3D Cad Market Industry Developments
Recent developments in the global 3D CAD market include the increasing adoption of cloud-based 3D CAD solutions, the rise of generative design, and the growing popularity of additive manufacturing. Major players in the market are focusing on developing innovative solutions to meet the evolving needs of customers. For instance, in 2023, Autodesk announced the launch of Fusion 360 Generative Design Extension, which enables designers to explore multiple design options and optimize their designs for performance and manufacturability. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) technologies is enhancing the capabilities of 3D CAD software, making it more accessible and efficient for users. These advancements are expected to drive the growth of the global 3D CAD market in the coming years.
3D Cad Market Segmentation Insights
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3D Cad Market Deployment Model Outlook
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3D Cad Market End-User Industry Outlook
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Architecture
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Construction
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Manufacturing
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Automotive
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Aerospace
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Healthcare
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Education
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3D Cad Market 3D Modeling Type Outlook
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Solid Modeling
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Surface Modeling
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Parametric Modeling
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Mesh Modeling
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3D Cad Market Application Type Outlook
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Product Design
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Simulation
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Visualization
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Reverse Engineering
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Rapid Prototyping
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3D Cad Market Pricing Model Outlook
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Subscription-Based
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Perpetual License
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Pay-as-you-go
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3D Cad Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
16.68 (USD Billion) |
Market Size 2023 |
18.61 (USD Billion) |
Market Size 2032 |
50.0 (USD Billion) |
Compound Annual Growth Rate (CAGR) |
11.6% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
PTC, Autodesk, ZWSOFT, Carl Zeiss Industrial Metrology, Renishaw, Hexagon Manufacturing Intelligence, Siemens, Nikon Metrology, FARO Technologies, Mitutoyo, Geomagic, Creaform, Hexagon AB, Dassault Systemes, AVEVA Group |
Segments Covered |
Deployment Model, End-User Industry, 3D Modeling Type, Application Type, Pricing Model, Regional |
Key Market Opportunities |
Adoption in architecture engineering constructionRising demand in manufacturing and automotive industriesHealthcare and medical applications expansionCloud-based software adoptionIntegration with artificial intelligence and machine learning |
Key Market Dynamics |
1 Rising demand for complex designs2 Increasing adoption of cloud-based CAD solutions3 Growing industry focus on digital twins4 Integration of artificial intelligence and machine learning5 Shift towards subscription-based pricing models |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Global 3D CAD Market is expected to reach USD 18.61 billion in 2023 and is projected to grow at a CAGR of 11.6% from 2023 to 2032, reaching USD 50.0 billion by 2032.
North America is expected to hold the largest market share in the Global 3D CAD Market throughout the forecast period due to the presence of major players and the high adoption of advanced technologies.
â—¦ The industrial machinery segment is expected to grow at the highest CAGR during the forecast period due to the increasing demand for 3D CAD in the manufacturing industry.
Some of the key competitors in the Global 3D CAD Market include Dassault Systemes, PTC, Siemens, Autodesk, and AVEVA.
The key trends driving the growth of the Global 3D CAD Market include the increasing adoption of digital technologies, the growing demand for customized products, and the advancements in 3D printing technologies.
The challenges faced by the Global 3D CAD Market include the high cost of software and hardware, the lack of skilled professionals, and the concerns over data security.
The Asia-Pacific region is expected to witness a significant growth rate in the Global 3D CAD Market due to the increasing adoption of 3D CAD in the manufacturing and construction industries.
The major factors contributing to the growth of the Global 3D CAD Market in Europe include the increasing demand for 3D CAD in the automotive and aerospace industries.
The COVID-19 pandemic had a significant impact on the Global 3D CAD Market, leading to a decline in demand due to disruptions in the manufacturing and construction industries.
The key opportunities for growth in the Global 3D CAD Market include the increasing adoption of 3D CAD in emerging economies, the growing demand for generative design, and the advancements in cloud-based 3D CAD solutions.