Global Technical Illustration Software Market – Snapshot

The global technical illustration software market is expected to reach US$4,935.7 Mn by 2026, expanding at a CAGR of 4.7% from 2018 to 2026. North America held a prominent share of the technical illustration software market in 2017 and is projected to be at the forefront of global demand. The market in the region is expected to expand at a significant CAGR OF 4.4% during the forecast period, 2018-2026.

Technical illustration software is used for design and illustration purposes. The software helps designers to draw 2D as well as 3D designs. Technical illustration software is a part of Product Lifecycle Management (PLM). Vendors operating in this market either provide standalone illustration software or offer illustration software as a part of CAD and PLM software. Technical illustration software help designers and illustrators to efficiently draw and design products for prototyping purposes.

technical illustration software market

The technical illustration software market is segmented on the basis of component, technology, and end-user. Based on component, the market is divided into software and services. In 2017, software occupied the largest share in the overall market. Illustration software is easy to use and deploy; therefore, services like support/training and maintenance are usually required with specific software. This in turn means that vendors operating in this market earn revenue largely from software sales or software subscription. The software segment is further bifurcated into on premise and cloud based.  In 2017, on premise technical illustration software occupied the largest share in the market. However, it is expected that during the forecast period, cloud-based deployment model will gain traction among end-users. On the basis of services, the market is categorized into implementation, support & maintenance, and consulting services. In 2017, support & maintenance services occupied the largest share. Some illustration software requires support services, particularly training. Booklets and guide materials are provided by illustration software vendors to help designers and illustrators.

In terms of technology, the technical illustration software market is categorized into 2D and 3D technology. In 2017, 3D based technology occupied the largest share in the overall market. 3D based technology is expected to continue its dominance during the forecast period as well. The reason for the same is growing demand for 3D based illustration among designers and illustrators across the globe.

Based on end-user, the market is divided into aerospace and defense, healthcare, energy & power, manufacturing, automotive, transportation, and others. The others subsegment includes media and entertainment and third party technical illustration service providers. In 2017, manufacturing and automotive were the largest end-user segments in the technical illustration software market.

On the basis of region, the market is divided into North America, Europe, AsiaPacific, South America and Middle East & Africa. In 2017, North America was the largest market for technical illustration software. Europe and Asia Pacific are expected to witness significant growth during the forecast period due to new project initiations every year, particularly in the manufacturing and automotive sector. Moreover, many independent illustrators and designers are working as freelancers in these regions, giving a further push to the market.

Major players operating in the global technical illustration software market include Autodesk Inc. Dassault Systemes , PTC Inc., Canvas GFX, Inc., Corel Corporation, Siemens Product Lifecycle Management Software Inc., QuadriSpace Corporation, Auto-Trol Technology Corporation, and Cyient. These players are focusing on acquisitions and new strategic collaborations in order to increase their market share in the global technical illustration software market.

Global Technical Illustration Software Market: Overview 

The report on the global technical illustration software market provides analysis for the period between 2016 and 2026, wherein 2016 is the base year, and 2018 to 2026 is the forecast period. Data for 2016 has been included to provide historical information. The study provides a comprehensive analysis of the expansion of the market during the forecast period, in terms of revenue estimates (in US$ Mn), across different geographies. The report covers market dynamics including drivers, restraints, opportunities, and trends expected to influence the expansion of the global technical illustration software market during the said period. Technologies that are playing a major role in driving this market have also been considered in the study. 

The report also coverskey industry developments and Porter’s Five Force analysis which identifies bargaining power of suppliers, bargaining power of buyers, threat from new entrants, threat from substitutes, and degree of competition in the technical illustration software market. Ecosystem analysis which identifies key stakeholders in the technical illustration software market is covered in the report. 

Global Technical Illustration Software Market: Scope of the Report 

The technical illustration software market is segmented on the basis of component, technology, and end-user. Based on component, the market is divided into software and services. The software segment is further bifurcated into on premise and cloud based. In terms of services,the market is further categorized into implementation, support & maintenance, and consulting services. Based on technology, the market is categorized in terms of 2D and 3D technology. On the basis of end-user, the market is divided into aerospace and defense, healthcare, energy & power, manufacturing, automotive, transportation, and others. The others subsegment includes media and entertainment and third party technical illustration service providers.Geographically, the report classifies the global technical illustration softwaremarketinto North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America; the regions are analyzed in terms of revenue generation. Furthermore, region-wise prominent countries covered in the report include the U.S, Canada, U.K., Germany, France, Japan, China, India, GCC countries, South Africa, and Brazil. 

Global trends and drivers have been added in the technical illustration software study. Additionally, the report covers segment-wise market attractiveness analysis, and market share of key players for all regions covered in the scope of study. The report also includes historical trend analysis that provides market size of technical illustration software from the year 2012-2017. Furthermore, the report includes PESTLE analysis, technical illustration software analysis by various operating systems, pricing model analysis and concentration scenario, and trend analysis 

Global Technical Illustration Software Market: Research Methodology

Secondary research sources typically include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, vendorswhitepapers, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook, etc. These help us to validate and strengthen secondary research findings. These also help develop the analysis team’s market expertise and understanding. 

Global Technical Illustration Software Market: Competitive Dynamics

Furthermore, the report includes competition landscape which comprises competition matrix, market share analysis of major players in the technical illustration software market based on their 2017 revenues, and profiles of major players. Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings, and R&D focus are attributed to a company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities, and future outlook are attributed to a company’s potential to grow. This section also identifies and includes various recent developments carried out by the leading players of the technical illustration softwaremarket. 

Company profiling includes company overview, major business strategies adopted, and market revenues between 2016 and 2018. The global players profiled in the global technical illustration software market include Autodesk Inc. Dassault Systemes , PTC Inc.,  Canvas GFX, Inc., Corel Corporation, Siemens Product Lifecycle Management Software Inc., QuadriSpace Corporation, Auto-Trol Technology Corporation, and Cyient. 

Market Segmentation 

Technical Illustration Software Market Analysis, by Component 

  • Software
    • On-Premise
    • Cloud-Based
  • Services
    • Implementation
    • Support and Maintenance
    • Consulting

Technical Illustration Software Market Analysis, by End-user 

  • Aerospace and Defense
  • Healthcare
  • Energy and Power
  • Manufacturing
  • Automotive
  • Transportation
  • Others

Technical Illustration Software Market Analysis, by Technology 

  • 2D
  • 3D

The Technical Illustration Software Market Analysis, by Country/Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
.