Engineering Software Market Size, Analysis, Competitive Strategies and Forecasts to 2025
Category: #tech  By Ashwin Naphade  Date: 2019-07-11
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Engineering Software Market Size, Analysis, Competitive Strategies and Forecasts to 2025

The newly released research at Market Study Report titled “2019-2025 Global Engineering Software Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

Engineering software market by software types is segmented into Computer-Aided Design (CAD), Computer-Aided Manufacturing (CAM), Computer-Aided Engineering (CAE), Electronic Design Automation (EDA) and Architecture, Engineering & Construction (AEC). This engineering software are utilized for planning and creation of protocols for different industry instruments and models. As separate businesses beseech distinctive request, a wide range of software is intended to encourage the redesigning requests of these ventures.

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Key trend which will predominantly effect the market in coming year is emergence of cloud based CAD. The cloud offers a solitary source of information, which makes it more convenient for multi-client ventures. With the expanded utilization of cloud innovation across the globe, the development of CAD in the cloud is projected to rise up amid the forecast period. Computer-aided design in the cloud offers numerous benefits to the clients', which includes simpler advancement of software, higher versatility, noteworthy shrinkage in cost, and also expanded storage capacity. Further, headway in cloud innovation is expected to discover applications in infrastructure and construction development ventures.

The engineering software market is US$ 24.35 Bn in 2016 and is estimated to reach US$ 44.54 Bn by 2025. With expanding infrastructural improvements in the developing and developed nations, growth of engineering software market is likely to encounter a noteworthy ascent. The development of engineering software is additionally strongly dependent upon the development of ventures like oil and gas, chemical, power, mining, refining and other manufacturing enterprises. Aside from these ventures, the engineering software are utilized in several manufacturing facilities such as gadgets, paper and pulp, and so forth. Over all the market is expected to continue its growth, as more innovative and novel technologies dive into these enterprises.

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The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the engineering software industry.

Table of content:

1.1       List of Tables  10

1.2       List of Figures 11

2          Introduction    14

2.1       Scope of the Study     14

2.2       The Insight Partners Research Report Guidance        14

3          Key Takeaways           16

4          Engineering Software Market Landscape      19

4.1       Market Overview        19

4.2       Market Segmentation  21

4.2.1    Global Engineering Software Market - By Software Type    22

4.2.2    Global Engineering Software Market - By Application         23

4.2.3    Global Engineering Software Market - By Geography          23

4.3       PEST Analysis            25

4.3.1    North America PEST Analysis           25

4.3.2    Europe PEST Analysis           27

4.3.3    Asia Pacific PEST Analysis    29

4.3.4    Middle East & Africa PEST Analysis            32

4.3.5    South America PEST Analysis           35

5          Global Engineering Software Market - Key Industry Dynamics       37

5.1       Key Market Drivers    37

5.1.1    Burgeoning Need for Automation and Cost-Effective Technology   37

5.1.2    Rapid Expansion in Manufacturing Industry 37

5.1.3    Growing Construction and Infrastructure Developments       38

5.2       Key Market Restraints            39

5.2.1    High License and Maintenance Cost  39

5.2.2    Complicated End-User Requirements            39

5.3       Key Market Opportunities      40

5.3.1    Introduction of IoT     40

5.3.2    Wide Spread of Factory Automation 40

5.3.3    Emergence of Advanced Driver Assistance Systems (ADAS)          40

5.3.4    Oil & Gas Exploration            41

5.4       Future Trends  42

5.4.1    Mobile Access to CAD          42

5.4.2    Emerging Cloud based CAD  42

5.5       Impact Analysis of Drivers and Restraints     43

6          Engineering Software Market - Global          43

6.1       Global Engineering Software Market Overview        44

6.2       Global Engineering Software Market Forecast and Analysis 44

7          Global Engineering Software Market Analysis - By Software Types            46

7.1       Overview        46

7.2       Computer Aided Designing Software 47

7.2.1    Overview        47

7.2.2    Global Computer Aided Design Software Market Revenue and Forecasts to 2025 (US$ Mn)         47

7.3       Computer-aided Manufacturing (CAM) Software Market     49

7.3.1    Overview        49

7.3.2    Global Computer-aided Manufacturing (CAM) Software Market Revenue and Forecasts to 2025 (US$ Mn)     49

7.4       Computer-aided Engineering (CAE) Software          50

7.4.1    Overview        50

7.4.2    Global Computer-aided Engineering (CAE) Software Market Revenue and Forecasts to 2025 (US$ Mn)     51

7.5       Architecture, Engineering & Construction (AEC) Software 52

7.5.1    Overview        52

7.5.2    Global Architecture, Engineering & Construction (AEC) Software Market Revenue and Forecasts to 2025 (US$ Mn)           52

7.6       Electronic Design Automation (EDA) Software        53

7.6.1    Overview        53

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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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