Scope of the Study
Geotechnical engineering is a part of civil engineering that concerned with the engineering behavior of soil, rock and groundwater and their relation to construction and operation of various engineering projects. It also helps for prediction, prevention or improvement of damage caused by natural hazards Geotechnical Engineering software is defined as software designed especially in order to deal with geotechnical issues such as slope stability, seismic analysis, foundations, etc. These are mostly used by the Construction industry, Energy & power industry, Oil and gas industry, mining industry and others.
The market study is being classified, by Application (Construction industry, Energy & power industry, Oil and gas industry, Mining industry and Others) and major geographies with country level break-up.
Bentley Systems (United States), Civilserve GmbH (Germany), Datgel Pty Ltd (Australia), Deep Excavation LLC. (United States), ENERCALC, Inc. (United States), Geotechnical Software and Services (United States), GEOSTRU (United States), Geotech Computer Systems, Inc. (United States), GINTEGRO (United States) and Vista Data Vision (Iceland) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Daystar Software (India), ElmTree System (United States), Novo Tech Software (Canada), ADINA R & D, Inc. (United States) and AEC Logic Pvt. Ltd. (United States).
The market for the Geotechnical Engineering Software is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for new players to enter the market. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Geotechnical Engineering Software market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Geotechnical Engineering Software market by Type, Application and Region.
On the basis of geography, the market of Geotechnical Engineering Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Geotechnical Engineering Software to Measure the Soil or Rock Stress and Vertical Deformation during Tunnels and Bridge Construction
- Growing Demand for Geotechnical Engineering Software to Evaluate Seismic Slope Performance in Earthquake Prone Areas
- Rising use of Geotechnical Engineering Software in 3-Dimensional Geotechnical Analysis
- Lack of skilled professionals to run Geotechnical Engineering Software
- Increasing Demand in Geotechnical Engineering Software for landslide Assessments and Modeling
- Availability of a Large Number of Free Based Geotechnical Engineering Software
- Software Package with Current Technologies such as Automation May be a Problem Owing to Expertise and Patents
Market Leaders and their expansionary development strategies
In April 2018, Bentley Systems, Incorporated, a provider of software solutions for advancing infrastructure announced the acquisition of Plaxis, the leading provider of geotechnical software and the agreement to acquire SoilVision, a soil engineering software provider. It helps in geotechnical applications to be integrated with Bentley’s structural applications for unprecedented geo-structural engineering performance.
Key Target AudienceGeotechnical Engineering Software providers, New Entrants/Investors, Government Regulatory and Research Organizations and End-Use Industry
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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