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Digital Transformation in Product Design and Engineering Innovation

Publish Date: 08 Oct 2023
Code: AN-5741
Research Type: Report
Pages: 27
Actionable Benefits

Actionable Benefits

  • Choice of Providers: Standout features of product design software with differentiation metrics.
  • Areas of Strengths and Weaknesses: Where providers are excelling past the traditional or falling behind the curve.
  • Key trends regarding deployment methods for manufacturers looking to subscribe or change subscription services to better serve needs.
Research Highlights

Research Highlights

  • What is on the horizon? Where are innovation leaders taking product design software and what to expect in 5 years.
  • Overall market analysis and share with forecasting data.
  • Price breakdown of current product design systems. Cost-benefit analysis for users.
Critical Questions Answered

Critical Questions Answered

  • What is driving change in product design? How has product design evolved since the primitive Two-Dimensional (2D)/Three-Dimensional (3D) Computer Aided Design (CAD) models?
  • What are the trends CAD providers are seeing regarding deployment methods, functionality, and payment methods?
  • What have manufacturers been asking for regarding updates and changes?
Who Should Read This?

Who Should Read This?

  • Startups and innovative manufacturers looking to make a change to core design functions for better time to value.
  • Small and Medium Enterprises (SMEs) trying to level the playing field against large manufacturers. Where can they find cost/time saving mechanisms that enable faster, sustainable growth?
  • Product Design System Providers: Understand market position, direction of innovation, and how they stand out from their peers.

Table of Contents

 

Executive Summary

Recommendations

Recommendations for CAD Software Providers
Recommendations for Manufacturing CAD Users

Evolution of Product Design

Deployment Methods and Market Share

Drivers for Product Design Software Innovation

Size-Specific Functionality
Industry-Specific Functionality
Transition to New Technologies

Inhibitors to Product Design Software Innovation

Incumbent CAD Providers
Resistance to Change

Market Forecast

Vendor Landscape

Companies Mentioned

  • Alibre
  • Altium
  • Autodesk
  • Bentley
  • Bentley Systems
  • Chemstations
  • Dassault Systèmes
  • Hexagon
  • IronCAD
  • LibreCAD
  • PTC
  • Siemens
  • Trimble Inc
  • TurboCAD
  • VariCAD
  • ZWSOFT