Computer-Aided Design (CAD) Software Market in Korea 2009-2013

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					Computer-Aided Design (CAD) Software
          Market in Korea

             2009-2013
                                                                             CAD Software Market in Korea




                                            Table of Contents
1. Introduction...........................................................................................................3
2. Market Size and Forecast.........................................................................................4
3. Market Trends for CAD Software Market in Korea........................................................5
4. Market Drivers for CAD Software Market in Korea.......................................................7
5. Market Challenges for CAD Software Market in Korea..................................................9
6. Vendors...............................................................................................................10
7. Related Reports in this Series.................................................................................13



                                              List of Exhibits
Exhibit 2.1: CAD Software Market in Korea Size and Forecast 2009-2013 (in $million)........4




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                                                            CAD Software Market in Korea




1. Introduction


Computer-aided design (CAD) refers to the use of a wide range of computer-based tools
that assist engineers, architects and other design professionals in their design activities. It
enables easy modeling, creation, and walk through or view of designs of 3D objects or floor
plans from different angles on a computer or a display device.




CAD software provides a wide range of solutions for many different industries. Some of the
solutions include architectural, engineering and construction, manufacturing, geospatial
mapping, and the digital media. The CAD software enables its users to design and
experience their ideas, digitally; and visualize and simulate real-world performance early in
the design process through digital prototyping.



Korea is the world's largest shipbuilding nation. The Korean shipbuilding industry is
increasingly utilizing the CAD software to design and control critical design features like
decks, frames, bulkheads, and compartments with parameters (i.e. Dimensions). Further,
the construction industry in Korea is growing characterized by the government initiatives to
improve the infrastructure. One such initiative is the construction of Digital City in Korea.
This construction industry utilizes CAD software to designing the buildings. Furthermore,
owing to the growth these shipbuilding and construction industries in Korea, the demand
for CAD software is expected to increase significantly in the coming years.



The report forecasts the size of the CAD software market in Korea over the period 2009-
2013. Further, it discusses the key market trends, drivers and challenges of CAD software
market in Korea, and profiles some of the key vendors of this market.




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                                                                 CAD Software Market in Korea




2. Market Size and Forecast
According to TechNavio, the CAD Software Market in Korea is forecast to reach $323.6
million in 2013 from $194.0 million in 2009; thus, growing at a CAGR of 13.6 percent over
the period (Exhibit 2.1).


Exhibit 2.1: CAD Software Market in Korea Size and Forecast 2009-2013 (in $million)



               350
                                                                          323.6

               300                                            281.4

                                                 246.8
               250
                                     218.1

               200      194.0



               150


               100


                 50


                  0
                        2009         2010         2011        2012         2013




                                                                             Source: TechNavio Analysis




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                                                          CAD Software Market in Korea




3. Market Trends for CAD Software Market in Korea

Following are some of the key trends for the C
				
DOCUMENT INFO
Description: Computer-aided design (CAD) refers to the use of a wide range of computer-based tools that assist engineers, architects and other design professionals in their design activities. It enables easy modeling, creation, and walk through or view of designs of 3D objects or floor plans from different angles on a computer or a display device. The CAD software provides a wide range of solutions for many different industries. Some of the solutions include architectural, engineering and construction, manufacturing, geospatial mapping, and the digital media. Further, this software enables its users to design and experience their ideas, digitally; and visualize and simulate real-world performance early in the design process through digital prototyping. The manufacturing industry in Korea has witnessed a significant growth in the past few years, and is one of the leading contributor to the Korean economic growth. However, with the introduction of high-quality products at reasonably low prices provided by foreign manufacturers in the country, the Korean manufacturers are becoming more quality conscious. This new wave of quality awareness is leading to the adoption of CAD software for designing better quality products. This is because CAD software improves product quality by enabling the manufacturers to generate accurate and detailed product designs, thus, leading to higher degree of accuracy of the manufacturing process. 5D CAD modeling is an emerging technology, which refers to the integration of 3D modeling with schedule data (4D) and resource data (5D), for the provision of a true BIM (Building Information Modeling). 5D CAD has the ability to combine the Architecture, Engineering, and Construction processes into a single environment. The main benefits of 5D CAD technology are availability of integrated designs and estimations for cost calculations; creation ad prioritization of schedules; identification of risks associated with the project early in the design phase; and e
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