Global Drafting Services Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

The drafting services market consists of the sales of drafting services and related goods by entities (organizations, sole traders, and partnerships) that draw detailed layouts, plans, and illustrations of buildings, structures, systems, or components from engineering and architectural specifications. Only goods and services traded between entities or sold to end consumers are included.

Global Drafting Services Market Size And Drivers:

The global drafting services market is expected to grow from $3.06 billion in 2020 to $3.42 billion in 2021 at a compound annual growth rate (CAGR) of 11.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.08 billion in 2025 at a CAGR of 4.5%. The growing demand for computer-aided design (CAD) services is expected to propel the growth of the drafting services market.

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Trends In The Global Drafting Services Market

3D printed buildings is a key trend gaining popularity in the drafting services market. A 3D printer can support the design and construct of the entire building. This method is more eco-friendly, cost-effective, and time-efficient in printing buildings than other traditional methods. A digital 3D design of an object is produced either by a computer-aided design (CAD) or by a 3D scanner. In 2018, COBOD, a Danish 3D printing construction company launched the BOD2 3D printer. This cuts the installation time by 50%, enabling the printer to be mounted in a new location within 4 hours. The BOD2 can create three-story buildings in one go, each of which could be more than 300 square meters in length.

Global Drafting Services Market Segments:
The global drafting services market is further segmented –
By Service Type: Mechanical Drafting Services, Site Drafting Services For Civil Engineering Projects, Structural Components Of Buildings Drafting Services, Architectural Drafting Services, Drafting Of As-Built Drawings, Drafting Consulting Services, Others
By End-User: Education, Healthcare, Hospitality, Industrial, Residential, Others.
By Geography: The global drafting services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Drafting Services Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides drafting services market overviews, analyzes and forecasts market size and growth for the global drafting services market, drafting services market share, drafting services market players, drafting services market segments and geographies, drafting services market’s leading competitors’ revenues, profiles and market shares. The drafting services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches