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- Engineering Software Market – Size, Share, Trends, Growth, Forecast (2023 – 2030)
Introduction:
Engineering software is a special type of package and software solutions which are widely utilized across specialized engineering applications which include civil, mechanical, electrical and electronics, computer science, food and agriculture, production engineering and others. It helps in providing accurate precision and more accuracy in designs and proper documentation for project management. As most of the business are focusing on expanding product portfolios, coupled with producing technologically advanced offers.
Global Engineering Software Market Size & Growth:
The global engineering software market was accounted for $31.21 billion in 2018 and it is expected to attain $XX billion by 2026 with a CAGR of XX%. The engineering software market is primarily attributed by the factors such as growing need for automation and cost-effective technology, rapid expansion in manufacturing industry, increasing construction and infrastructure developments, and high availability of portable computing devices. On the flip side, high maintenance and permit costs and high requirement of technological expertise are major restraints hampering the market growth during the forecast period. Introduction of IOT, rising demand for 3d modelling, and wide spread of factory automation are providing major opportunities to the engineering software market.
Global Engineering Software Market Segments:
The global engineering software market is segregated into software type, application, end user and region. Based on software type, the market is segmented into computer-aided designing, computer-aided manufacturing, computer-aided engineering, architecture, engineering and construction, electronic design automation. The CAD (Computer-Aided-Designing) segment holds the largest market share during the forecast period. The segment growth is mainly attributed by the factors such as CAD offers numerous benefits to the clients, which includes simpler advancement of software, higher versatility, and helps in improving the efficiency of manufacturing processes.
By application, the market is segmented into automation design, plant design, product design, 3d modelling, others. Among all these 3d modeling holds the largest growth among all the segments. Due to high demand for 3d modeling in multiple fields such as media and entertainment, textbook publishing, construction activities, mechanical, civil, and earth science engineering are expected to fuel market growth which becomes the major trend driving the global market scenario.
Based on end user, the market is classified into aerospace & defense, automotive, banking, it & telecommunication, oil & gas, healthcare, others. Among all these oil & gas segment holds the largest share. Due to technological developments in oil & gas and strong demand for automated systems such as designing, and process analysis software are the factors which extends the market value.
Based on geography, global engineering software market is divided into Europe, North America, Asia Pacific, South America and Middle East and Africa. Among these North America is anticipated to be the fastest growing market over the forecast period due to high adoption of cloud-based software for several American enterprises and the introduction of innovative applications for various tablets and smartphones are the few dynamics that are driving the market.
Europe is projected to be the fasted growing region in engineering software market. Due to technological developments and considerable application of engineering software in different end-user segment are the major factors driving the engineering software market growth in the Europe region.
Global Engineering Software Market Trends:
- June 2018 – PTC and Rockwell Automation announce strategic partnership to drive industrial innovation and accelerate growth.
- August 2018 – PTC Launches Cybersecurity Initiative to Collaborate with Customers, Partners, and Researchers for More Secure and Resilient IoT Deployments.
Global Engineering Software Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
- Expertise investment opportunities by analyst to the individual and organization to have better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- PTC, Inc.
- Rockwell Automation, Inc.
- SAP SE
- Siemens PLM Software Inc.
- Synopsys, Inc.
Along with these companies, there were many other companies considered/ cited in the report while analyzing the engineering software market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. other players have considerable presence owing to its robust brand image, geographical reach, and strong customer base.
CHAPTER 1 INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2 RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3 MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4 MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing need for automation and cost-effective technology
4.1.2. Rapid expansion in manufacturing industry
4.1.3. Increasing construction and infrastructure developments
4.1.4. Emergence demand for 3d modelling
4.2. Market Restraints & Challenges
4.2.1. High license and maintenance cost
4.2.2. Complicated end-user requirements
4.3. Market Opportunities
4.3.1. Introduction of IOT
4.3.2. Wide spread of factory automation
CHAPTER 5 GLOBAL ENGINEERING SOFTWARE MARKET – BY SOFTWARE TYPE
5.1. Introduction
5.2. Computer-aided designing (CAD)
5.3. Computer-aided manufacturing (CAM)
5.4. Computer-aided engineering (CAE)
5.5. Architecture, engineering, and construction (AEC)
5.6. Electronic design automation (EDA)
CHAPTER 6 GLOBAL ENGINEERING SOFTWARE MARKET – BY APPLICATION
6.1. Introduction
6.2. Automation design
6.3. Plant design
6.4. Product design
6.5. 3d modelling
6.6. Others
CHAPTER 7 GLOBAL ENGINEERING SOFTWARE MARKET – BY END USER
7.1. Introduction
7.2. Aerospace & defense
7.3. Automotive
7.4. Banking
7.5. IT & telecommunication
7.6. Oil & gas
7.7. Healthcare
7.8. Others
CHAPTER 8 GLOBAL ENGINEERING SOFTWARE MARKET – BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.2.4. Costa Rica
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Chile
8.3.4. Columbia
8.3.5. Others
8.4. Europe
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Russia
8.4.7. Netherlands
8.4.8. Switzerland
8.4.9. Poland
8.4.10. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. South Korea
8.5.5. Australia & New Zealand
8.5.6. Malaysia
8.5.7. Singapore
8.5.8. Others
8.6. Middle East & Africa
8.6.1. UAE
8.6.2. Saudi Arabia
8.6.3. Iran
8.6.4. Iraq
8.6.5. Qatar
8.6.6. South Africa
8.6.7. Algeria
8.6.8. Morocco
8.6.9. Nigeria
8.6.10. Egypt
8.6.11. Others
CHAPTER 9 GLOBAL ENGINEERING SOFTWARE MARKET – COMPANY PROFILES
9.1. PTC, Inc.
9.2. Rockwell Automation, Inc.
9.3. SAP SE
9.4. Siemens PLM Software Inc.
9.5. Synopsys, Inc.
9.6. Autodesk, Inc.
9.7. AVEVA Group plc
9.8. Dassault Systemes, S.A.
9.9. Vector works Inc.
9.10. Aspen Technology, Inc.
9.11. Intergraph Corporation
9.12. KBC Advanced Technologies Plc
9.13. Cranes Software International Ltd.
9.14. Ansys, Inc.
9.15. Smart Draw, LLC
CHAPTER 10 GLOBAL ENGINEERING SOFTWARE MARKET – COMPETITIVE LANDSCAPE
10.1. Market Share Analysis
10.2. Strategies adopted by top companies
10.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 11 MARKET INSIGHTS
11.1. Industry Experts Insights
11.2. Analysts Opinions
11.3. Investment Opportunities
CHAPTER 12 APPENDIX
12.1. List of Tables
12.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Additional information
| Report Type | Extensive Report, Miniature report, Snapshot Report |
|---|---|
| Licence | Single User License, Team License, Corporate License |
Introduction:
Engineering software is a special type of package and software solutions which are widely utilized across specialized engineering applications which include civil, mechanical, electrical and electronics, computer science, food and agriculture, production engineering and others. It helps in providing accurate precision and more accuracy in designs and proper documentation for project management. As most of the business are focusing on expanding product portfolios, coupled with producing technologically advanced offers.
Global Engineering Software Market Size & Growth:
The global engineering software market was accounted for $31.21 billion in 2018 and it is expected to attain $XX billion by 2026 with a CAGR of XX%. The engineering software market is primarily attributed by the factors such as growing need for automation and cost-effective technology, rapid expansion in manufacturing industry, increasing construction and infrastructure developments, and high availability of portable computing devices. On the flip side, high maintenance and permit costs and high requirement of technological expertise are major restraints hampering the market growth during the forecast period. Introduction of IOT, rising demand for 3d modelling, and wide spread of factory automation are providing major opportunities to the engineering software market.
Global Engineering Software Market Segments:
The global engineering software market is segregated into software type, application, end user and region. Based on software type, the market is segmented into computer-aided designing, computer-aided manufacturing, computer-aided engineering, architecture, engineering and construction, electronic design automation. The CAD (Computer-Aided-Designing) segment holds the largest market share during the forecast period. The segment growth is mainly attributed by the factors such as CAD offers numerous benefits to the clients, which includes simpler advancement of software, higher versatility, and helps in improving the efficiency of manufacturing processes.
By application, the market is segmented into automation design, plant design, product design, 3d modelling, others. Among all these 3d modeling holds the largest growth among all the segments. Due to high demand for 3d modeling in multiple fields such as media and entertainment, textbook publishing, construction activities, mechanical, civil, and earth science engineering are expected to fuel market growth which becomes the major trend driving the global market scenario.
Based on end user, the market is classified into aerospace & defense, automotive, banking, it & telecommunication, oil & gas, healthcare, others. Among all these oil & gas segment holds the largest share. Due to technological developments in oil & gas and strong demand for automated systems such as designing, and process analysis software are the factors which extends the market value.
Based on geography, global engineering software market is divided into Europe, North America, Asia Pacific, South America and Middle East and Africa. Among these North America is anticipated to be the fastest growing market over the forecast period due to high adoption of cloud-based software for several American enterprises and the introduction of innovative applications for various tablets and smartphones are the few dynamics that are driving the market.
Europe is projected to be the fasted growing region in engineering software market. Due to technological developments and considerable application of engineering software in different end-user segment are the major factors driving the engineering software market growth in the Europe region.
Global Engineering Software Market Trends:
- June 2018 – PTC and Rockwell Automation announce strategic partnership to drive industrial innovation and accelerate growth.
- August 2018 – PTC Launches Cybersecurity Initiative to Collaborate with Customers, Partners, and Researchers for More Secure and Resilient IoT Deployments.
Global Engineering Software Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
- Expertise investment opportunities by analyst to the individual and organization to have better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- PTC, Inc.
- Rockwell Automation, Inc.
- SAP SE
- Siemens PLM Software Inc.
- Synopsys, Inc.
Along with these companies, there were many other companies considered/ cited in the report while analyzing the engineering software market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. other players have considerable presence owing to its robust brand image, geographical reach, and strong customer base.
CHAPTER 1 INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2 RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3 MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4 MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing need for automation and cost-effective technology
4.1.2. Rapid expansion in manufacturing industry
4.1.3. Increasing construction and infrastructure developments
4.1.4. Emergence demand for 3d modelling
4.2. Market Restraints & Challenges
4.2.1. High license and maintenance cost
4.2.2. Complicated end-user requirements
4.3. Market Opportunities
4.3.1. Introduction of IOT
4.3.2. Wide spread of factory automation
CHAPTER 5 GLOBAL ENGINEERING SOFTWARE MARKET – BY SOFTWARE TYPE
5.1. Introduction
5.2. Computer-aided designing (CAD)
5.3. Computer-aided manufacturing (CAM)
5.4. Computer-aided engineering (CAE)
5.5. Architecture, engineering, and construction (AEC)
5.6. Electronic design automation (EDA)
CHAPTER 6 GLOBAL ENGINEERING SOFTWARE MARKET – BY APPLICATION
6.1. Introduction
6.2. Automation design
6.3. Plant design
6.4. Product design
6.5. 3d modelling
6.6. Others
CHAPTER 7 GLOBAL ENGINEERING SOFTWARE MARKET – BY END USER
7.1. Introduction
7.2. Aerospace & defense
7.3. Automotive
7.4. Banking
7.5. IT & telecommunication
7.6. Oil & gas
7.7. Healthcare
7.8. Others
CHAPTER 8 GLOBAL ENGINEERING SOFTWARE MARKET – BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.2.4. Costa Rica
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Chile
8.3.4. Columbia
8.3.5. Others
8.4. Europe
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Russia
8.4.7. Netherlands
8.4.8. Switzerland
8.4.9. Poland
8.4.10. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. South Korea
8.5.5. Australia & New Zealand
8.5.6. Malaysia
8.5.7. Singapore
8.5.8. Others
8.6. Middle East & Africa
8.6.1. UAE
8.6.2. Saudi Arabia
8.6.3. Iran
8.6.4. Iraq
8.6.5. Qatar
8.6.6. South Africa
8.6.7. Algeria
8.6.8. Morocco
8.6.9. Nigeria
8.6.10. Egypt
8.6.11. Others
CHAPTER 9 GLOBAL ENGINEERING SOFTWARE MARKET – COMPANY PROFILES
9.1. PTC, Inc.
9.2. Rockwell Automation, Inc.
9.3. SAP SE
9.4. Siemens PLM Software Inc.
9.5. Synopsys, Inc.
9.6. Autodesk, Inc.
9.7. AVEVA Group plc
9.8. Dassault Systemes, S.A.
9.9. Vector works Inc.
9.10. Aspen Technology, Inc.
9.11. Intergraph Corporation
9.12. KBC Advanced Technologies Plc
9.13. Cranes Software International Ltd.
9.14. Ansys, Inc.
9.15. Smart Draw, LLC
CHAPTER 10 GLOBAL ENGINEERING SOFTWARE MARKET – COMPETITIVE LANDSCAPE
10.1. Market Share Analysis
10.2. Strategies adopted by top companies
10.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 11 MARKET INSIGHTS
11.1. Industry Experts Insights
11.2. Analysts Opinions
11.3. Investment Opportunities
CHAPTER 12 APPENDIX
12.1. List of Tables
12.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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