The Frost Radar™ on electronic computer-aided design (ECAD) offers a competitive benchmark analysis derived from Frost & Sullivan’s CAD Growth Opportunities report. It ranks nine companies on their growth potential and ability to innovate.
Product design has become more complex in recent years, and manufacturing companies are demanding new tools and solutions to lead innovation in their respective verticals. Vendors have adapted their solutions in response to the need to integrate the mechanical and electronic design disciplines.
The market is poised to exhibit strong growth in the next several years, in a landscape in which a few very large companies control the majority of the market, a group of midsized companies continue to seize market opportunities, and a universe of small companies try to distinguish themselves to fortify their positions. This sets the stage for strong competition in the future, featuring acquisitions and proactive, global growth strategies.
Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.
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