Global Computer-Aided Design Market to Grow at a CAGR of 10.16 % during the period 2017-2021 Market Research Hub has recently announced the addition of a new report to it broad database titled as“ Global Computer-Aided Design Market 2017-2021”. CAD refers to a software tool used to achieve accuracy in designing and modeling of products and components of an organization.
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About CAD
CAD solutions are widely adopted by industries, such as automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. The solutions help end-users develop prototypes of products digitally before the production stage. They also help in the development of industry-specific products.
Technavios analysts forecast the global CAD market to grow at a CAGR of 10.16 % during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global CAD market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.