AP NEWS

Global Technical Illustration Software Market Outlook, 2026 - ResearchAndMarkets.com

January 18, 2019

DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “Technical Illustration Software - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Technical Illustration software market accounted for $3,321.92 million in 2017 and is expected to reach $5,708.34 million by 2026 growing at a CAGR of 6.2% during the forecast period.

Increased demand for SaaS-based travel and expense management software and Pricing strategies of vendors are some of the key factors driving the market. However, the regulation surrounding the impending arrival of autonomous vehicles is restraining the market growth.

Amongst Technology, 2D segment is dominated due to in 2D drafting software the illustrator views the project from a top-down perspective and can either work by a point-and-click method or by entering coordinates for the creation of lines and shapes.

By geography, Europe is dominated due to the increasing factors of the European Union regulations and warranty issues demanding higher-quality documentation. In many countries, Germany being among them, technical illustration is taught only at a handful of private institutions.

Technologies Covered:

3D 2D

Components Covered:

Services Software

End-Users Covered:

Transportation Energy and Power Aerospace and Defense Automotive Healthcare Manufacturing Other End-Users

Companies Profiled:

Autodesk Inc Dassault Systemes PTC Inc Canvas GFX Inc Corel Corporation Siemens Product Lifecycle Management Software Inc QuadriSpace Corporation Auto-Trol Technology Corporation

For more information about this report visit https://www.researchandmarkets.com/research/jklj7x/global_technical?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005237/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:CAD, CAM and CAE Software

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/18/2019 08:31 AM/DISC: 01/18/2019 08:30 AM

http://www.businesswire.com/news/home/20190118005237/en

AP RADIO
Update hourly