TechNavio Announces the Publication of its Report: 3D Computer-aided Design Software Market in North America 2010-2014

TechNavio today launched its report 3D Computer-aided Design Software Market in North America 2010-2014 based on an in-depth study. The report aims to aid decision makers' understanding of the significant trends impacting this market.

London, NM (prHWY.com) March 8, 2012 - Commenting on the report, an analyst from TechNavio's Engineering Software team said, "3D CAD software vendors have begun to focus on the emerging SME segment in North America. Many SMEs have realized the benefits of 3D CAD over 2D CAD software, providing 3D CAD software vendors with several opportunities to enhance their market potential and presence. Market vendors have begun to provide low-cost products, extended services and support, and industry-based software packages to attract the emerging SME segment. Thus, the growth of the SME segment in North America offers numerous market opportunities to 3D CAD software vendors in North America."

According to the report, 3D CAD software provides manufacturing companies with more accurate designs and with better visibility of their product development cycle. 3D CAD software overcomes the major limitations of 2D CAD software such as complex quality measurement and provides in-depth analysis of the product design. Further, it reduces the number of errors in the product design that may escape the notice of engineers at the time of product or plant design, thus increasing the quality of the product being developed.

The report also discusses the challenges faced by this market including the transition from 2D to 3D CAD software.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://technavio.com/content/3d-computer-aided-design-software-market-north-america-2010-2014

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Technavio
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ludmila@technavio.com
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Press Release Contact
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: 0044 207 637 2456

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