Growing adoption of drafting and 3D modelling application will escalate the Engineering Software Market at a CAGR of 7.17%
Published Date : 01/12/2017
Latest market study on "Engineering Software to 2025 by Software Type (CAD, CAM, CAE, AEC, EDA); and Application (Plant Design, Design Automation, Drafting & 3D Modeling, Product Design & Testing and Others) - Global Analysis and Forecast?, the engineering software market is estimated to reach US$ 44.54 Bn by 2025 from US$ 24.35 Bn in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Browse market data tables and in-depth TOC of the Global Engineering Software Market (2016-2025)
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The Global Engineering Software market is broadly segmented by software type, application, and geography. On the basis of software type the engineering software market has been segmented into computer-aided designing (CAD) software, computer-aided manufacturing (CAM) software, computer-aided engineering (CAE) software, architecture, engineering & construction (AEC) software, and electronic design automation (EDA) software. The global engineering software market has been further segmented by applications into Plant Design, Design Automation, Drafting & 3D Modeling, Product Design & Testing, Others (Enterprise Resource Planning, etc.).
With increasing infrastructural developments in the developing countries as well as the developed countries, progress of engineering software market is also experiencing a significant rise. The growth of engineering software is also highly dependent upon the growth of industries such as oil & gas, chemical, power, mining, refining and other manufacturing industries.
There has been constant development in engineering software industry. Recently, Rockwell introduced a software powered connected services that include industrial infrastructure assessment, design, implementation, support and monitoring capabilities including Infrastructure-as-a-Service (IaaS), remote asset monitoring and predictive maintenance, cyber security threat detection and recovery, training and consulting offerings. Also, another leading player, SAP had also SAP launched the SAP Integrated Business 6.1 application in order to provide response and supply which is an addition to its already cloud-based planning suite.
Some of the key players operating in the Engineering Software market are Autodesk, Inc., Dassault Systemes, Aveva Group Plc, Siemens AG, Synopsys, Nemetschek Vectorworks, Inc. Integraph Corporation (Hexagon AB) and among others.
Engineering Software, Global Breakdown by Regions, 2016 & 2025 (%)
Source: The Insight Partners Analysis, December 2016
The report segments the global Engineering Software market as follows:
Global Engineering Software Market - By Software
Computer-aided Designing (CAD)
Computer-aided Manufacturing (CAM)
Computer-aided Engineering (CAE)
Architecture, Engineering & Construction (AEC)
Electronic Design Automation (EDA)
Global Engineering Software Market - By Application
Drafting & 3D Modeling
Product Design & Testing
Global Engineering Software Market - By Geography
Rest of Europe
Asia Pacific (APAC)
Rest of APAC
Middle East & Africa (MEA)
Rest of MEA
South America (SA)
Rest of SA