Today, there is rising use of rapid prototyping and tooling in industries such as automotive, aerospace, and machine tools. As such, competition among companies who develop related equipment is also increasing.

Especially with the rapid adoption of additive manufacturing, it is becoming easier and faster to prototype products. These facilitate the development of moulds at a faster pace too, and enable direct fabrication of tools for prototypes.

In additive manufacturing and in developing prototypes and tooling, CAD software offer an ideal solution as it allows users to easily visualise products and ensure quality of the consequent product both in the software and in prototypes.

With these, research and markets analysts forecast the CAD market in China to grow at a CAGR of 10.2 per cent over the next five years.