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Research and Markets: Global MCAD Software (Multidiscipline and Design Focused) Market 2014-2018 - Key Vendors are Autodesk, Dassault Systemes, Parametric Technology & SiemensResearch and Markets (http://www.researchandmarkets.com/research/w3qb5x/global_mcad) has announced the addition of the "Global MCAD Software Market 2014-2018" report to their offering. The Global MCAD Software market to grow at a CAGR of 10.81% over the period 2013-2018 MCAD software is used for modeling and designing of critical parts, components, and structures. The software assists engineers, architects, and other design professionals to develop superior quality products in the market. It enables end-users to simulate a product's real-world performance by digitally prototyping its creation. The software are used across industries such as Industrial Machinery, Automotive, Electrical and Electronics, and Aerospace and Defense. One of the key trends that the Global MCAD Software market is witnessing is the emergence of 4D CAD solutions. The use of 4D CAD soutions increases the operational efficiency of a company. 4D CAD solutions improve the project execution strategy, leading to better constructability, thus enabling the sequencing of construction schedules with granular level information. According to the report, the need to reduce the product design and development cost is one of the major factors driving this market. The creation of faulty products increases a company's maintenance and repair expenses. MCAD software enables the designing and developing of a product, which is tested under different environments, leading to the availability of quality products in the market. Further, the report states that one of the major challenges in the market is the availability of open-source MCAD software. The lack of capital of SMEs and the high cost of MCAD software have led to increased adoption of open-source MCAD software. This has a negative impact on the growth of the market. Key Vendors Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/w3qb5x/global_mcad
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