Issue link: http://digital.copcomm.com/i/1453602
j a n u a r y • f e b r u a r y • m a r c h 2 0 2 2 c g w 1 7 News happens quickly in our industry. Keep informed. Keep up to date. Anytime. Anywhere. WWW.CGW.COM SIGN UP TODAY! The picture is a little different in manufac- ture — and even more surprising. In 2019, the manufacturing industry was seeing reduced revenues as markets reacted to many un- certainties, including trade wars with tariffs and the Brexit upheaval as the UK left th European Union in January 2020. In addition, concerns around global warming have caused countries to change their emission standards. Uncertainty in industrial markets was already present, and then COVID-19 made itself known in China. The great machinery of Chinese manufacture shut down and only geared back up slowly. What came next is well known: Supply chain issues whipsawed through every business around the world. In addition, inflation has eappeared globally aer being in remission for decades. The CAD vendors serving the manufac- turing industries include Autodesk, Altair, Dassault, PTC, Robert McNeel & Associates, and Siemens. The combined revenues of CAD companies in the manufacture market also grew a little more slowly and is undergo- ing its own transformation. In manufacture, soware vendors are targeting autonomy, automation, and elec- trifi ation from the factories to the products. They have expanded to electronic design automation (EDA) to design-in support for the Internet of Things in factories and plants, automobiles, airplanes, and household products. For another example, adjacent capabilities, such as analysis and generative design, are being pulled into the early stages of design. All the additional capabilities being added to the design process are leading to richer models. The entire CAD industry, in fact, is poised for more growth with better tools for col- laboration and project management. At the end of 2021, the AEC industry achieved a combined annual growth rate (CAGR) of 9 percent. MCAD grew at a rate of 8 percent. JPR puts the number of CAD users at 7.31 mil- lion, with a total installed base of nine million. A GLOBAL MARKET The fortunes of the CAD market have always been a signpost for the health of world industry. Its growth is a leading indicator for growth in a wide range of segments because customers invest in soware to prepare for coming projects. The soware to support AEC and man- ufacturing is resource-hungry, and it is sold in numbers that influen e the design of hardware, including PCs, graphics hardware, servers, and even mobile devices. Kathleen Maher (Kathleen@jonpeddie.com) is a contributing editor to CGW and a senior analyst at Jon Peddie Research, a Tiburon, CA-based consul- tancy specializing in graphics and multimedia. Note: The data for this article was drawn from JPR's Worldwide CAD Market report, which is in the final tages of release for 2022. The report is avail- able now and sells for $6,000. Included with this report are four hours of consulting time. JPR also publishes a series of reports on the workstation market, which covers the total market including system and accessories, and looks at six regions. Contact Robert Dow at JPR (Robert@jonped- die.com) for details about this report.