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

Computer-Aided Design (CAD) Software Market in Korea 2009-2013 - new market research report published


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2012-12-11 18:57:16 - Computer-Aided Design (CAD) Software Market in Korea 2009-2013 - a new market research report on companiesandmarkets.com

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 effective management of the contractual issues and claims throughout the duration of the project. To leverage on these benefits, researches and studies are being carried out for using 5D CAD modeling for dealing with growing number of aged-housing revamp projects in Korea.

This report by TechNavio Insights highlights scope of the Korean CAD Software market. Further, it discusses trends, drivers, growth inhibitors and a few major vendors in the market.

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