Engineering Design Software Market Scope
The global engineering design software market is anticipated to witness high growth during the forecast period due to rising adoption of new technologies from almost all industries. The engineering design software helps engineers and designers visualize, analyze and communicate design intent before building a physical prototype. The engineering design software is employed across an array of disciplines, from manufacturing and architecture to sustainability. This software is used to design everything from cars to prosthetics to headphones.
The market study is being classified by Type (Computer-Aided Designing (CAD) Software, Computer-Aided Engineering (CAE) Software, Computer-Aided Manufacturing (CAM) Software, Architecture, Engineering and Construction (AEC) Software and Electronic Design Automation (EDA) Software), by Application (Design Automation, Plant Design, Product Design & Testing and Drafting & 3D Modeling) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Engineering Design Software market throughout the predicted period.
IBM Corporation (United States), Geometric Ltd (India), SAP SE (Germany), Autodesk Inc (United States), Dassault Systems (France), Bentley Systems Inc (United States), Siemens PLM Software (United States), Hexagon AB (Sweden), IronCAD LLC (United States) and Cadonix Ltd. (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Synopsys, Inc. (United States), Ansys Inc. (United States) and PTC Inc (United States).
AdvanceMarketAnalytics has segmented the market of Global Engineering Design Software market by Type, Application and Region.
On the basis of geography, the market of Engineering Design 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, Sweden, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. On-Premise will boost the Engineering Design Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. 3-D Design will boost the Engineering Design Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On June 10, 2019 - ANSYS and BMW Group are creating the industry's first holistic simulation toolchain for developing autonomous vehicle (AV) technologies. The simulation toolchain will enable highly automated and autonomous driving (AD).
- The emergence of New Technologies in Design Software
- Increasing Usage of 3D Technology
- Rising Demand for CAD Software in the Automotive Industry
- Increasing Demand from Developing Regions
- Threat of Security Issues
- Lengthy Process to Know How to Operate or Run the Software
Key Target AudienceEngineering Design Software Providers, Software Developers, Software Solution Providers, Automotive Industry, Governmental Bodies and Research Firms
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