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Worldwide Generative Design Industry to 2027 - Featuring 3Dnatives, Altair Engineering and Ansys Among Others

·6 min read

DUBLIN, June 2, 2022 /PRNewswire/ -- The "Generative Design Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

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The global generative design market reached a value of US$ 192.8 Million in 2021. Looking forward, the publisher expects the market to reach US$ 526 Million by 2027, exhibiting a CAGR of 18.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor

Generative design is an engineering software that autonomously creates high-performance design iterations based on performance or spatial requirements, manufacturing methods, materials, and costs. It relies on artificial intelligence (AI) algorithms to generate and evaluate a wide range of product designs and make highly customized complex shapes and internal lattices that cannot be produced using conventional manufacturing methods. In addition, it supports topology optimization for performing structural simulation and removing load-weight from empty areas in three-dimensional (3D) models. At present, generative design is adopted around the world as it helps in reducing component weight and simplifying the design

Generative Design Market Trends:

The growth in the market can be attributed to the extensive usage of generative design software in various end use industries around the world. For instance, it is employed in the automotive industry for manufacturing lightweight components and consolidating parts. This, in confluence with the boosting sales of passenger and commercial vehicles on account of rapid urbanization and improving income levels, is contributing to the market growth.

Moreover, regulatory authorities in various countries are implementing stringent policies to reduce the ecological footprint of commercial aircraft. As a result, several manufacturers operating in the aerospace industry are relying on generative design software to reduce aircraft weight, minimize environmental impact, and improve passenger safety. Apart from this, the growing popularity of drones is driving the use of generative design software to improve their aerodynamic efficiency and durability and increase lifespan and flight performance.

Other factors, such as the escalating demand for consumer goods and the thriving construction industry, are positively influencing the demand for generative design software to generate multiple computer-aided designs (CADs) and drive innovation and productivity.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3Dnatives, Altair Engineering Inc., Ansys Inc., Autodesk Inc., Bentley Systems Incorporated, Dassault Systemes SE, Desktop Metal Inc., Diabatix, MSC Software Corporation (Hexagon AB), Ntopology Inc., Proto3000 Inc. and Ptc Inc.

Key Questions Answered in This Report:

  • How has the global generative design market performed so far and how will it perform in the coming years?

  • What has been the impact of COVID-19 on the global generative design market?

  • What are the key regional markets?

  • What is the breakup of the market based on the component?

  • What is the breakup of the market based on the deployment model?

  • What is the breakup of the market based on the application?

  • What is the breakup of the market based on the industry vertical?

  • What are the various stages in the value chain of the industry?

  • What are the key driving factors and challenges in the industry?

  • What is the structure of the global generative design market and who are the key players?

  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Generative Design Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Deployment Model
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Application
8.1 Product Design and Development
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cost Optimization
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast

9 Market Breakup by Industry Vertical
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aerospace and Defense
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Industrial Manufacturing
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Architecture and Construction
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3Dnatives Company Overview Product Portfolio
15.3.2 Altair Engineering Inc. Company Overview Product Portfolio Financials
15.3.3 Ansys Inc. Company Overview Product Portfolio Financials SWOT Analysis
15.3.4 Autodesk Inc. Company Overview Product Portfolio Financials SWOT Analysis
15.3.5 Bentley Systems Incorporated Company Overview Product Portfolio Financials
15.3.6 Dassault Systemes SE Company Overview Product Portfolio Financials SWOT Analysis
15.3.7 Desktop Metal Inc. Company Overview Product Portfolio
15.3.8 Diabatix Company Overview Product Portfolio
15.3.9 MSC Software Corporation (Hexagon AB) Company Overview Product Portfolio
15.3.10 Ntopology Inc. Company Overview Product Portfolio
15.3.11 Proto3000 Inc. Company Overview Product Portfolio
15.3.12 Ptc Inc. Company Overview Product Portfolio Financials SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/3wgneb

Media Contact:

Research and Markets
Laura Wood, Senior Manager

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SOURCE Research and Markets