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CAD to explode.

CAD to explode

The computer-aided-design (CAD) market will reach $6.9 billion by 1987 according to the Yankee Group, Boston, MA. CAD industry revenues were $1.3 billion in 1982; the CAD market is expected to grow at 40 percent annually through 1986.

The markets for CAD systems can be grouped into four major categories: electrical electronic (including both integrated and printed circuit designs), mechanical, architectural/engineering/construction (AEC), and mapping. (See the chart for projections.)

With the development of 32-bit-based workstations, computer-aided engineering (CAE) has emerged as a rapidly expanding segment. "The market is extremely young, and is dominated by a growing number of aggressive start-up companies,' says Senior Analyst Glen Allmendinger. Like CAD, the CAE market has both mechanical and electrical /electronic segments.

Attention in the CAE market, focused on the more recession-proof electronics segment, will shift to the mechanical segment whenever the smokestack industries emerge from the recession and increase capital equipment expenditures. CAE workstations will experience explosive growth, coupled with price reductions up to 50 percent over the next five years. Allmendinger emphasizes, "The average cost per CAE workstation will drop to $30,000 by 1987 and CAE will go from 3 percent to 20 percent of the overall CAD market.'

Table: CAD MARKET BY APPLICATION 1987
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Copyright 1984 Gale, Cengage Learning. All rights reserved.

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Title Annotation:computer-aided design
Publication:Tooling & Production
Article Type:column
Date:Jan 1, 1984
Words:211
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