Scope of the Study
Engineering and commissioning software improves the quality of an asset, time to handover the project and the bottom line. The software helps in the completion of the project by converting manual processes performed by semi-skilled administrators to laboriously pair checklists to tags and generate inspection sheets by using the spreadsheets and mail merges into an automated process in a cloud-based system so that the right skilled professionals can contribute and monitor progress.
The market study is being classified, by Application (Small Enterprises, Medium Enterprises and Large Enterprises) and major geographies with country level break-up.
ProjecTools (United States), Siemens (Germany), Terraine, Inc. (United States), WinPCS (Singapore), GATE, Inc. (United States), AVEVA Group plc (United Kingdom), Facility Dynamics Engineering Corp. (United States), Interface Engineering Inc. (United States), CxAlloy (United States), Festo Group (United States) and Cimcorp (Finland) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Engineering and Commissioning Software market by Type, Application and Region.
On the basis of geography, the market of Engineering and Commissioning 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.
- Demand for Increased Speed and Efficiency in Machine Manufactures
- The Need for Reducing Risk of Deploying a Program Containing Errors
- The introduction of Artificial Intelligence in Engineering and Commissioning Software
- Hindrances to Engineering and Commissioning Software Market Due to the COVID 19 Pandemic
- Implementing Virtual Commissioning in Engineering and Commissioning Software
- Technological Upgradation in Engineering and Commissioning Software
- Complexities Involved in Engineering and Commissioning Software
Market Leaders and their expansionary development strategies
On 7th May 2019, Cognizant (Nasdaq: CTSH) today announced that it has expanded its research and development (R&D) partnership with AVEVA, a global leader in engineering and industrial software, to develop cutting-edge industrial software that will help shape the future across a range of industries, from water and energy to food and infrastructure.
On 8th October 2019, Festo launched PC-based Automation Suite commissioning software for drives to help users get new drive packages up and running. Five steps will parameterize and configure all parts of an installation, from the mechanical system to the controller using the Automation Suite’s commissioning wizard. The Automation Suite works with both Festo and third-party controllers. Besides parameterization and programming of connected Festo components, it can display their status, provide process data and any pending diagnostic messages can be seen at a glance. The interface can be customized for the user’s requirements by importing only those components and other plug-ins and sub-programs relevant to that installation or application.
Key Target AudienceEngineering and Commissioning Software Developers, Industry Associations, Research and Development institutes, Regulatory Bodies, Potential Investors and Others
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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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