The USD/CAD exchange rate rose to 1.3830 on July 30, 2025, up 0.40% from the previous session. Over the past month, the Canadian Dollar has weakened 1.36%, and is down by 0.16% over the last 12 months. Canadian Dollar - values, historical data, forecasts and news - updated on July of 2025.

Key information about Canada Exchange Rate against USD

• Canada Exchange Rate against USD averaged 1.352 (USD/CAD) in May 2023, compared with 1.348 USD/CAD in the previous month.
• Canada Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1.600 in Jan 2002 and a record low of 0.948 in Oct 1959.

• In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 4.590 % pa in May 2023.
• Its Long Term Interest Rate (Government Benchmark Bonds Yield: Month End: 10 Years) was reported at 3.180 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 4.500 % pa in May 2023.

Prices for USCCAD USD Coin Canadian Dollar including live quotes, historical charts and news. USCCAD USD Coin Canadian Dollar was last updated by Trading Economics this July 30 of 2025.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-07-25 about Canada, exchange rate, currency, rate, and USA.

Canada CA: Purchasing Power Parity: National Currency per USD data was reported at 1.178 USD/CAD in Dec 2026. This records a decrease from the previous number of 1.178 USD/CAD for Sep 2026. Canada CA: Purchasing Power Parity: National Currency per USD data is updated quarterly, averaging 1.193 USD/CAD from Mar 1961 (Median) to Dec 2026, with 264 observations. The data reached an all-time high of 1.254 USD/CAD in Sep 2015 and a record low of 0.878 USD/CAD in Mar 1962. Canada CA: Purchasing Power Parity: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. PPP - Purchasing power parity, national currency per USD

The U.S. dollar to Canadian dollar exchange rate history shows a decline since 2020, although figures picked up substantially since mid-2022. By July 28, 2025, one U.S. dollar could buy roughly 1.37 Canadian dollars.

Canada CA: Exchange Rate: National Currency per USD: Single Hit Scenario data was reported at 1.409 USD/CAD in Dec 2021. This stayed constant from the previous number of 1.409 USD/CAD for Sep 2021. Canada CA: Exchange Rate: National Currency per USD: Single Hit Scenario data is updated quarterly, averaging 1.176 USD/CAD from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 1.594 USD/CAD in Mar 2002 and a record low of 0.952 USD/CAD in Mar 1960. Canada CA: Exchange Rate: National Currency per USD: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCHUD - Exchange rate, national currency per USD

This table contains 45 series, with data for years 1950 - 2015 (not all combinations necessarily have data for all years), and was last released on 2016-01-05. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Type of currency (45 items: United States dollar; noon spot rate; average; Danish krone; noon spot rate; average; French franc; noon spot rate; average; Belgian franc; noon spot rate; average ...).

Canada CA: Exchange Rate: USD per National Currency: Single Hit Scenario data was reported at 0.710 CAD/USD in Dec 2021. This stayed constant from the previous number of 0.710 CAD/USD for Sep 2021. Canada CA: Exchange Rate: USD per National Currency: Single Hit Scenario data is updated quarterly, averaging 0.850 CAD/USD from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 1.050 CAD/USD in Mar 1960 and a record low of 0.627 CAD/USD in Mar 2002. Canada CA: Exchange Rate: USD per National Currency: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCH - Exchange rate, USD per national currency (1/EXCHUD)

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

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APAC CAD Market Size 2024-2028

The apac cad market size is forecast to increase by USD 1.97 billion at a CAGR of 8.5% between 2023 and 2028.

The Computer-Aided Design (CAD) market in the Asia Pacific (APAC) region is experiencing significant growth, driven by the shift towards subscription-based business models and the integration of advanced technologies such as Augmented Reality (AR) and Virtual Reality (VR) into CAD solutions. This transition from traditional licensed models to more flexible subscription plans is enabling smaller firms and startups to access CAD tools more affordably, broadening the market base. Moreover, the rapid adoption of CAD technology in industries like manufacturing, construction, and architecture is fueling market expansion. The use of pirated software, however, poses a significant challenge to market growth. Despite this, the market presents ample opportunities for companies seeking to capitalize on the region's economic growth and increasing digitalization. Strategic collaborations, product innovations, and after-sales services can help businesses navigate this competitive landscape and maintain a strong market presence. Companies can also explore partnerships with local players to navigate cultural nuances and regulatory complexities, ensuring long-term success in the APAC CAD market.

What will be the size of the APAC CAD Market during the forecast period?

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The Computer-Aided Design (CAD) market, encompassing 3D CAD and smart design technologies, is experiencing significant growth driven by advancements in digital technology. Machine learning algorithms are propelling faster production and more accurate designs in various industries, including construction, mechanical designing, healthcare, and infrastructure development. Smart manufacturing processes, such as those utilizing VR and AR, are revolutionizing design documentation and product layouts. Additionally, cloud-based CAD solutions are gaining traction due to their flexibility and accessibility. Furthermore, the integration of digital technology in EDA and additive manufacturing is streamlining the design process. Overall, the CAD software and services market is evolving to meet the demands of modern business needs. Smart design technologies, including machine learning and virtual reality, are transforming the way businesses approach design and manufacturing, enabling more efficient and accurate processes. Cloud-based CAD solutions offer flexibility and accessibility, making it easier for businesses to collaborate and produce designs from anywhere. The integration of digital technology in industries such as construction, mechanical designing, healthcare, and infrastructure development is driving innovation and improving productivity. Smart manufacturing processes, utilizing technologies such as virtual reality and augmented reality, are revolutionizing design documentation and product layouts, leading to more efficient and accurate production. The use of computer-aided design software and services is essential for businesses seeking to remain competitive in today's market. From mechanical designing to electronic design automation, accurate designs are the foundation for successful product development. The integration of digital technology, including machine learning and cloud-based solutions, is enabling businesses to streamline their design processes and improve productivity.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userAerospace and defense industryAutomotive industryElectrical and electronics industryOthersGeographyAPACChinaIndiaJapanSouth Korea

By End-user Insights

The aerospace and defense industry segment is estimated to witness significant growth during the forecast period.

In the dynamic APAC market, Computer-Aided Design (CAD) plays a pivotal role in various industries, including aerospace and defense. CAD software is instrumental in designing ammunitions and aircraft structures within this sector. The growth of the market is fueled by several factors. Operational efficiency, cost reduction, compliance standards, product efficiency, and resource management are key drivers in the manufacturing value chain of the aerospace industry. The aerospace and defense industry in APAC continues to expand, with sales increasing despite political and economic uncertainties. The increasing demand for mobility and the replacement of traditional fuel-consuming aircraft with the latest low-noise, fuel-saving models are major growth drivers for the aviation industry in APAC. Additionally, sectors like infrastructure development, mechatronics, electrical and electronics, and healthcare are experiencing signi

According to Cognitive Market Research, The global CAD market size is USD 10215.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America CAD Market held 40% of global revenue. With a market size of USD 4086.08 million in 2024, it will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe CAD is projected to expand at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 3064.56 million.
Asia Pacific CAD Market held 23% of the global revenue with a market size of USD 2349.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America's CAD Market held 5% of the global revenue with a market size of USD 510.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa CAD Market held 2% of the global revenue with a market size of USD 204.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The CAD software market is segmented based on functionality, deployment model, application, and region. Functional segments include 2D drafting, 3D modeling, and simulation software. Deployment models range from on-premises to cloud-based solutions. Application segments cover industries like automotive, aerospace, architecture, and healthcare, with regions influencing market dynamics.
Including technological advancements, increasing demand for 3D modeling, globalization of manufacturing, rising adoption of cloud-based CAD solutions 

Including Technological Advancements to Boost the CAD Market

Technological advancements serve as a primary driver propelling growth in the CAD market. These innovations continuously enhance the capabilities and efficiency of CAD software, fostering increased adoption across various industries. Advancements such as the integration of virtual reality (V.R.) and augmented reality (A.R.) functionalities provide immersive design experiences, enabling engineers and designers to visualize and iterate on designs more effectively.

Additionally, the evolution of cloud computing has facilitated the development of cloud-based CAD solutions, offering scalability, flexibility, and collaboration capabilities previously unavailable with traditional on-premises software. Furthermore, the emergence of generative design, powered by artificial intelligence (A.I.) and machine learning algorithms, automates the iterative design process, enabling the creation of highly optimized and innovative designs.

Increasing Demand for 3D Modeling to Boost the Market

The increasing demand for 3D modeling is a significant driver in the CAD market due to its ability to provide more accurate representations of designs and products compared to traditional 2D drawings. 3D modeling allows for more comprehensive visualization of objects, enabling designers to detect and rectify potential flaws early in the design process, thus reducing errors and minimizing costly redesigns during manufacturing.

Moreover, 3D modeling facilitates better communication among stakeholders by presenting designs in a more intuitive and lifelike manner, enhancing collaboration and decision-making throughout the product development lifecycle. This technology also supports the creation of photorealistic renderings and virtual prototypes, enabling designers to showcase their concepts more effectively to clients and investors.

Market Restraints of the CAD

Include High Initial Investment Costs in to Limit CAD market 

The CAD market encounters a constraint rooted in the limited stability and shelf life of certain reagents, subtly influencing sales dynamics. Some reagents, inherently susceptible to factors like degradation or contamination, exhibit a finite shelf life, necessitating vigilant management. While this characteristic is inherent to the nature of specific biochemical compounds, it does pose challenges in terms of storage, handling, and logistics.

The nuanced impact of limited stability becomes evident in the meticulous considerations required to maintain optimal conditions throughout the supply chain. Researchers and laboratories, conscientious of these limitations, need to strategize their usage and storage, contributing to a nuanced dance i...

Canada CA: Exchange Rate: National Currency per USD data was reported at 1.403 USD/CAD in Dec 2026. This stayed constant from the previous number of 1.403 USD/CAD for Sep 2026. Canada CA: Exchange Rate: National Currency per USD data is updated quarterly, averaging 1.194 USD/CAD from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 1.594 USD/CAD in Mar 2002 and a record low of 0.952 USD/CAD in Mar 1960. Canada CA: Exchange Rate: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCHUD - Exchange rate, national currency per USD

The global Industrial Computer-Aided Design (CAD) market is expected to witness significant growth over the forecast period, expanding at a CAGR of XX% from 2025 to 2033. In 2025, the market was valued at XXX million USD and is projected to reach XXX million USD by 2033. This growth can be attributed to the increasing adoption of 3D CAD software, rising demand for customized products, and the need for efficient product design and development processes. Moreover, the growing trend of Industry 4.0 and the adoption of emerging technologies such as artificial intelligence (AI) and machine learning (ML) are driving market growth. The Industrial CAD market is segmented by type (web-based, cloud-based) and application (large enterprises, SMEs). The cloud-based segment is anticipated to hold a larger market share during the forecast period due to its advantages such as increased accessibility, flexibility, and scalability. The large enterprises segment dominates the market, owing to the high adoption of industrial CAD solutions for product design and development. Geographically, the market is divided into North America, Europe, Asia Pacific, and the Rest of the World. North America currently holds the largest market share, followed by Europe and Asia Pacific. The growing adoption of advanced manufacturing technologies and the presence of major industrial CAD vendors in North America are contributing to the region's market dominance.

Dive into Market Research Intellect's Cad In Apparel Market Report, valued at USD 12.5 billion in 2024, and forecast to reach USD 20.3 billion by 2033, growing at a CAGR of 6.9% from 2026 to 2033.

The Dental CAD Market is Segmented by Component (Scanners, Milling Machines, Software, and Other Components), by Application (Crowns & Bridges, Dentures and More), by End User ( Dental Laboratories, Dental Clinics & Hospitals and More) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market Forecasts are Provided in Terms of Value (USD).

Technology CAD Software Market size estimated to reach USD 10.95 Billion in 2025 and anticipated to grow to USD 19.13 Billion by 2032 with steady CAGR of 8.3%.

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3D Computer Aided Design (CAD) Software Market Size 2025-2029

The 3d computer aided design (cad) software market size is forecast to increase by USD 5.09 billion, at a CAGR of 7.1% between 2024 and 2029.

The market is witnessing significant growth, driven by the high adoption of these solutions in optimizing production value chains across various industries. The integration of 3D CAD software in design, engineering, and manufacturing processes enhances productivity, reduces errors, and improves product quality. Moreover, the emergence of new technologies, such as cloud computing, virtual reality, and the Internet of Things (IoT), is revolutionizing the global 3D CAD software market. These advancements enable real-time collaboration, remote access, and improved data management, making design and manufacturing processes more efficient and agile. However, the increasing availability of open-source and free versions of 3D CAD software poses a challenge for market players. These alternatives cater to small businesses and individual users, potentially disrupting the market dynamics and pricing structures. Companies must differentiate themselves by offering unique features, superior customer support, and seamless integration with other business applications to maintain their competitive edge.

What will be the Size of the 3D Computer Aided Design (CAD) Software Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe 3D Computer-Aided Design (CAD) software market continues to evolve, driven by the dynamic interplay of various sectors and applications. Medical devices, for instance, benefit from CAD's precision in designing intricate components, while subtractive manufacturing optimizes production processes through solid modeling. Design review and quality control ensure product excellence, with industrial design and electrical engineering sectors reaping significant advantages. Computer-aided engineering (CAE) and version control facilitate seamless collaboration and iteration, enabling design automation and reverse engineering. The integration of AI-assisted design, CAM software, and parametric design propels innovation in consumer products and engineering plastics. Augmented Reality (AR) and Virtual Reality (VR) technologies merge CAD with immersive experiences, revolutionizing design thinking and design validation. Additive manufacturing and topology optimization transform manufacturing processes, while generative design and digital manufacturing streamline production. CAD software's continuous evolution encompasses mesh processing, surface modeling, and design verification, fostering process optimization and tolerance analysis. Collaboration tools, API integration, and engineering plastics further expand its applicability. The CAD landscape remains vibrant, with ongoing advancements in design automation, digital twin, and cloud computing shaping the future of product design.

How is this 3D Computer Aided Design (CAD) Software Industry segmented?

The 3d computer aided design (cad) software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. DeploymentOn-premisesCloudApplicationManufacturingAECAutomotiveHealthcareOthersSectorLarge enterprisesSmall and medium enterprises (SMEs)Freelancers and individual designersPricing SchemeSubscription-based (SaaS)Perpetual licensePay-per-useGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW)

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.In the realm of Computer-Aided Design (CAD), on-premises 3D CAD software represents the traditional model, installed and operated on local computers or servers. This software's advantages lie in its customizability and optimization, catering to unique business requirements. Suitable for enterprises with robust IT capabilities, on-premises 3D CAD software allows for complete control over the software, including its setup and configuration. The integration of design thinking, 3D modeling, and design validation within this software enables companies to streamline their product development process. Additionally, supply chain management and design for manufacturing capabilities ensure efficient production and collaboration. Solid modeling and parametric design facilitate precise and accurate product design, while human-machine interface (HMI) and design automation enhance user experience and productivity. Material science and tolerance analysis contribute to the creation of high-quality consumer products, while additive manufacturing and g

3D CAD Software Market Outlook

Globally, the 3D CAD software market size was valued at approximately USD 9.7 billion in 2023 and is projected to reach USD 15.6 billion by 2032, growing at a steady CAGR of 5.4% during the forecast period from 2024 to 2032. This growth is largely driven by the increasing adoption of 3D design tools across various industries such as automotive, aerospace, and construction. The need for streamlined design processes, enhanced product visualization, and reduced time to market for products are key factors that are contributing to the expansion of the 3D CAD software market. Additionally, technological advancements and the integration of artificial intelligence in CAD software are further fueling demand.

The burgeoning growth of the 3D CAD software market is primarily fueled by the increasing digital transformation initiatives across industries. Companies are shifting from traditional design methods to digital solutions that offer better accuracy, collaboration, and product lifecycle management. The automotive sector, in particular, is witnessing a significant uptick in the adoption of 3D CAD tools to enhance the efficiency of design and manufacturing processes. By using 3D CAD software, automotive companies are able to shorten design cycles, improve product quality, and increase overall productivity, leading to a substantial rise in market demand. Furthermore, the integration of 3D CAD with other technologies such as additive manufacturing and virtual reality is driving innovation and providing new growth avenues for the market.

Another significant growth factor for the 3D CAD software market is the increasing focus on cost reduction and resource optimization across industries. The use of 3D CAD software allows for efficient resource utilization by enabling precise design specifications and simulations before actual production. This not only minimizes material wastage but also reduces the need for physical prototyping, which can be costly and time-consuming. As industries continue to seek ways to reduce operational expenses while maintaining high-quality standards, the demand for 3D CAD software is expected to rise. Additionally, the growing trend of remote and collaborative work environments necessitates the use of cloud-based CAD solutions, further bolstering market growth.

The healthcare sector is also playing a pivotal role in the expansion of the 3D CAD software market. With advancements in medical technology and the growing need for customized medical devices and implants, healthcare providers are increasingly relying on 3D CAD tools for precise modeling and simulation. The ability to create accurate anatomical models and simulate surgeries or medical procedures has revolutionized patient care, leading to better outcomes and increased adoption of 3D CAD software in this sector. Moreover, the rise of personalized medicine and the proliferation of 3D printing technology are expected to drive further growth in the healthcare segment, thereby contributing to the overall market expansion.

In the realm of design and engineering, CAD Software has become an indispensable tool for professionals across various industries. This software facilitates the creation of precise and intricate designs, enabling engineers and designers to bring their concepts to life with accuracy and efficiency. The versatility of CAD Software allows for its application in numerous fields, ranging from automotive and aerospace to architecture and consumer electronics. As industries continue to evolve and embrace digital transformation, the demand for sophisticated CAD Software solutions is on the rise, driving innovation and enhancing productivity. The integration of CAD Software with emerging technologies such as artificial intelligence and machine learning is further expanding its capabilities, offering new possibilities for design optimization and automation.

Regionally, North America currently holds a dominant position in the 3D CAD software market, driven by a robust presence of key market players and advanced technological infrastructure. The region's mature market, coupled with ongoing investments in research and development, ensures a steady demand for cutting-edge CAD solutions. Meanwhile, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period. Rapid industrialization, increasing investment in infrastructure development, and the rise of manufacturing hubs in countries like China and India are key contributors to this growth. The Middle East & Africa and Latin America are als