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Why IS CAD Software Important in Aerospace and Defense Production?

Be it any industry, automotive, industrial manufacturing, aerospace, or construction, designing, analyzing, testing, retesting, and simulation are important steps before the actual thing or structure goes into mass production. The designing part was traditionally accomplished via the paper-based method, which was long and had a big margin for error.

The computer-aided design (CAD) software has made the entire process easier, quicker, and more accurate, by allowing the designs to be created digitally. Moreover, the designs once created can be modified unlimited times and also simulated to see how they would perform in the real world. P&S Intelligence considers all these advantages while forecasting a 6.6% CAGR for the CAD software market between 2020 and 2030, at which the revenue generated from the licensing and subscription of such programs will rise to $18.7 billion by 2030 from $9.3 billion in 2019.


Seeing this, software vendors have started offering this software for beginners, intermediates, and professionals. Among these, intermediate-level versions are sold the most as they offer a fine balance between functionality and cost. Moreover, with the increasing product complexities and requirement for skilled CAD professionals, software versions that offer the highest degree of functionality are witnessing a surging licensing and subscription rate.

The prominent industries where CAD software is used are aerospace & defense, manufacturing, automotive, healthcare, arts, IT, media & entertainment, textiles, interior design, and shipbuilding. Among these, the software, especially pro versions, is utilized the most in the aerospace & defense sector. This is due to the criticality and complexity of not only entire systems, but also their individual components, which is why they must be designed, tested, redesigned, and then retested multiple times to ensure optimal performance.

This market research report provides a comprehensive overview of the market
  • The Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

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