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Technical Illustration Software Market Size, Forecast [2031]
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Technical Illustration Software Market Size, Forecast [2031]

Segments - Technical Illustration Software Market by Component (Software [On-premise and Cloud], Services [Implementation, Support & Maintenance, and Consulting]), Organization Size (Large Enterprises and SMEs), Technology (2D and 3D), End-users (Manufacturing, Aerospace & Defense, Healthcare, Energy & Power, Automotive, and Transportation), and Regions (Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Upcoming | Report ID :ICT-SE-3174 | 4.8 Rating | 84 Reviews | 174 Pages | Format : PDF Excel PPT

Report Description


The Global Technical Illustration Software Market size was valued at USD 1.65 Billion in 2022 and is expected to surpass USD 4.41 Billion by 2031, expanding at a CAGR of 11.48% during the forecast period, 2023–2031. Technical illustration software is necessary for designing illustration. It is a part of product lifecycle management (PLM).

Vendors in this sector provide illustration software as a separate product or as part of computer-aided design (CAD) and PLM software package. Designers and illustrators use technical illustration tools to quickly sketch and create illustrations. Big gaming companies are developing new games with superior visuals and functionality, as the entrepreneurial ecology of many sectors changes and rising demand for realistic games with rich graphics and animation.

Technical Illustration Software Market Outlook

  • Surge in the demand for games with realistic and high-quality visuals, rise in social media and digitalization, and increase in applications in different end-use sectors fuel the market.

  • Expansion of entertainment vertical is estimated to fuel the market.

  • Necessary training to use such instruments and reluctance on the part of certain personnel to learn new technologies are expected to limit the market.

  • Many employees are adopting innovative technology, thus creating opportunities in the market.

Scope of Technical Illustration Software Market Report

The report on the global technical illustration software market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Technical Illustration Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Component (Software [On-premise and Cloud], Services [Implementation, Support & Maintenance, and Consulting]), Organization Size (Large Enterprises and SMEs), Technology (2D and 3D), End-users (Manufacturing, Aerospace & Defense, Healthcare, Energy & Power, Automotive, and Transportation)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Autodesk Inc. Dassault Systems, PTC Inc., Canvas GFX, Inc., Adobe, Corel Corporation, Siemens Product Lifecycle Management Software Inc., Canvas GFX, QuadriSpace Corporation, Auto-Trol Technology Corporation, and Cyient

Technical Illustration Software Market Insights

The software segment to hold dominant market share

In the terms of components, the technical illustration market is bifurcated into software and services. The software segment is sub-segmented into on-premise and cloud. The services segment is further categorized as implementation, support & maintenance, and consulting. The traditional illustration field is rapidly adopting new technologies and changing the education and work environment and skills and roles of technical illustrators.

Users of technical illustration software have access to a variety of tools that help them create flawless technical graphics for their goods. Graphic designers and technical illustrators utilize the same software. Rendering software is divided into two types: raster and vector. Digital painting is usually done with raster-based applications. Users can paint or sketch much like they would with traditional materials using these apps.

Technical Illustration Software Market Components

Large enterprises segment held substantial market share in 2020

Based on organization sizes, the market is fragmented into large enterprises and SMEs. Large enterprises have a wide number of suppliers and service providers, and thus have considerable financial capacities, who are the early adopters of technical illustration software technology. Furthermore, major corporations employ a variety of technical illustration applications to create accurate manufacturing parts.

Designers and artists are constantly using this information to test every conceivable modification in the early stages and make the appropriate revisions. Digital prototyping, 3D visualization, and simulation are used to accomplish this. Businesses are now willing to provide what customers want and to produce more inventive designs that customers would embrace.

3-D technology segment to grow during the forecast period

On the basis of technology, the technical illustration software market is divided into 2D and 3D. The 3D segment accounted for a major share of the market in 2017. This trend is projected to continue during the forecast period. Rising demand for 3D-based graphics among designers and artists worldwide is projected to fuel the market.

Technical Illustration Software Market Technology

Automotive segment to hold substantial market share

In terms of end-users, the market is categorized as manufacturing, aerospace & defense, healthcare, energy & power, automotive, and transportation. The automotive segment is expected to hold a key share of the market due to high need for software for creating a 3D picture or creative to assess and correct any design flaws before actually constructing a vehicle.

North America dominates the global market

Based on regions, the global technical illustration software market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted a significant share of the market in 2020 due to mergers & acquisitions conducted by key market players and the commencement of new projects every year, especially in the industrial and automotive industries.

Technical Illustration Software Market Regions

Segments

By Components

  • Software
    • On-premise
    • Cloud
  • Services
    • Implementation
    • Support & Maintenance
    • Consulting

By Organization Sizes

  • Large Enterprises
  • SMEs

By Technology

  • 2D
  • 3D

By End-users

  • Manufacturing
  • Aerospace & Defense
  • Healthcare
  • Energy & Power
  • Automotive
  • Transportation

By Regions

  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East & Africa

By Key Players

  • Autodesk Inc.
  • Dassault Systems
  • PTC Inc.
  • Canvas GFX, Inc.
  • Adobe
  • Corel Corporation
  • Siemens Product Lifecycle Management Software Inc.
  • Canvas GFX
  • QuadriSpace Corporation
  • Auto-Trol Technology Corporation
  • Cyient

Competitive Landscape

Key players in the technical illustration software market are Autodesk Inc. Dassault Systems, PTC Inc., Canvas GFX, Inc., Adobe, Corel Corporation, Siemens Product Lifecycle Management Software Inc., Canvas GFX, QuadriSpace Corporation, Auto-Trol Technology Corporation, and Cyient.

These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Technical Illustration Software Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Technical Illustration Software Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Technical Illustration Software Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Technical Illustration Software Market - Supply Chain
  4.5. Global Technical Illustration Software Market Forecast
     4.5.1. Technical Illustration Software Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Technical Illustration Software Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Technical Illustration Software Market Absolute $ Opportunity
5. Global Technical Illustration Software Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Technical Illustration Software Market Size and Volume Forecast by End Users
     5.3.1. Manufacturing
     5.3.2. Aerospace & Defense
     5.3.3. Healthcare
     5.3.4. Energy & Power
     5.3.5. Automotive
     5.3.6. Transportation
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Technical Illustration Software Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Technical Illustration Software Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Technical Illustration Software Demand Share Forecast, 2019-2026
7. North America Technical Illustration Software Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Technical Illustration Software Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Technical Illustration Software Market Size and Volume Forecast by End Users
     7.4.1. Manufacturing
     7.4.2. Aerospace & Defense
     7.4.3. Healthcare
     7.4.4. Energy & Power
     7.4.5. Automotive
     7.4.6. Transportation
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Technical Illustration Software Demand Share Forecast, 2019-2026
8. Latin America Technical Illustration Software Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Technical Illustration Software Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Technical Illustration Software Market Size and Volume Forecast by End Users
     8.4.1. Manufacturing
     8.4.2. Aerospace & Defense
     8.4.3. Healthcare
     8.4.4. Energy & Power
     8.4.5. Automotive
     8.4.6. Transportation
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Technical Illustration Software Demand Share Forecast, 2019-2026
9. Europe Technical Illustration Software Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Technical Illustration Software Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Technical Illustration Software Market Size and Volume Forecast by End Users
     9.4.1. Manufacturing
     9.4.2. Aerospace & Defense
     9.4.3. Healthcare
     9.4.4. Energy & Power
     9.4.5. Automotive
     9.4.6. Transportation
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Technical Illustration Software Demand Share Forecast, 2019-2026
10. Asia Pacific Technical Illustration Software Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Technical Illustration Software Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Technical Illustration Software Market Size and Volume Forecast by End Users
     10.4.1. Manufacturing
     10.4.2. Aerospace & Defense
     10.4.3. Healthcare
     10.4.4. Energy & Power
     10.4.5. Automotive
     10.4.6. Transportation
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Technical Illustration Software Demand Share Forecast, 2019-2026
11. Middle East & Africa Technical Illustration Software Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Technical Illustration Software Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Technical Illustration Software Market Size and Volume Forecast by End Users
     11.4.1. Manufacturing
     11.4.2. Aerospace & Defense
     11.4.3. Healthcare
     11.4.4. Energy & Power
     11.4.5. Automotive
     11.4.6. Transportation
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Technical Illustration Software Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Technical Illustration Software Market: Market Share Analysis
  12.2. Technical Illustration Software Distributors and Customers
  12.3. Technical Illustration Software Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Autodesk Inc.
     12.4.2. Dassault Systems
     12.4.3. PTC Inc.
     12.4.4. Canvas GFX, Inc.
     12.4.5. Adobe
     12.4.6. Corel Corporation
     12.4.7. Siemens Product Lifecycle Management Software Inc.
     12.4.8. Ca

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