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Growth predicted for CAD in automotive sector

Increased design complexity and demand for shorter development cycles are contributing to drive growth

A report from market research company Technavio predicts a CAGR of 4.29% for the computer aided design (CAD) market serving the automotive sector in Europe, the Middle East and Africa (EMEA), over the period 2014-2019. CAD refers to 2D or 3D modelling software used widely in the development of vehicle subsystems, with common examples including the chassis, powertrain, interiors and suspension.

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