The mechanical computer-aided design (MCAD) industry is entering an exciting phase of transformation, driven by cutting-edge CAD technologies and the evolving demands of manufacturers. With revenues projected to grow from $6.4 billion in 2023 to $10.46 billion by 2030 at a 7.3% compound annual growth rate (CAGR), MCAD software solutions are becoming a cornerstone of modern product design across industries like automotive CAD, aerospace CAD, medical device design, and consumer goods engineering.

Frost & Sullivan's latest Frost Radar™ delivers an in-depth analysis of the top eight MCAD vendors shaping this industry, providing actionable insights for businesses looking to stay competitive and grow sustainably.

Megatrends Redefining MCAD:

• Generative Design Software: Harnessing AI to automatically generate optimized design alternatives based on factors like size, weight, material, and cost, empowering engineers to push the boundaries of innovation.
• Augmented Reality for CAD: Offering unparalleled visualization capabilities that enhance design reviews, reduce prototyping costs, and improve collaboration among teams.
• Software as a Service (SaaS) CAD Deployment: Enabling flexibility, scalability, and cost savings by providing cloud-based access to advanced MCAD tools, revolutionizing how teams collaborate and manage projects.
• Smart Product Integration: Meeting the growing need for seamless collaboration between mechanical, electronic, and software design to create interconnected, intelligent products.