Market Overview:
The global composite simulation software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lightweight and durable materials in various end-use industries, such as building & construction, wind energy, transportation, marine and others. In addition, the growing adoption of computer aided design (CAD), computer aided engineering (CAE) and computer aided manufacturing (CAM) technologies is also contributing to the growth of this market.
Product Definition:
Composite simulation software is a tool used to model the interactions between multiple systems. It can be used to predict how a change in one system will affect the others. This information can be used to make better decisions about how to design and operate complex systems.
Computer Aided Design:
Computer-aided design (CAD) is a software application, which helps in creating and editing computer graphics. It mainly deals with the creation of 2D and 3D computer images or diagrams using various tools. The primary function of CAD is to provide support for drawing objects and their modifications directly on the screen without any manual input through keyboard strokes.
Computer Aided Engineering:
Computer-aided engineering (CAE) is the practice of using computers in design and analysis processes for various applications in the fields of mechanical, civil, electrical and electronics, aerospace and defense among others. CAE has gained popularity over recent years due to its ability to provide solutions for complex problems that are unsolvable by hand. In addition to this it reduces errors significantly which further leads to improved efficiency.
Application Insights:
Building & construction was the largest application segment in 2016, accounting for over 30% of the overall market. The growth can be attributed to increasing use in designing and manufacturing buildings, bridges and other structures. The software helps design composite parts with ease by providing accurate simulation of their movement during the manufacturing process.
The wind energy segment is expected to witness significant growth over the forecast period owing to growing need for onshore and offshore wind turbines across various regions including Europe, North America, Asia Pacific and Latin America. Simulation software aids in optimization of turbine designs by calculating critical loads that are applied against a structure or a component during its stress analysis or fatigue testing respectively. These factors are anticipated to drive demand from this application segment over the forecast period thereby contributing towards global composite simulation software market revenue share growth.
Regional Analysis:
The North American regional market dominated the global composite simulation software industry and accounted for over 35% of the overall revenue in 2016. The growth can be attributed to a large number of wind energy projects being constructed across U.S. Furthermore, increasing investments in research & development by government organizations and educational institutions are expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising infrastructure activities taking place across countries such as China, India, Japan, Australia.
The Middle East & Africa region is projecteded grow at a lucrative rate due its growing oil & gas industry resulting into increased use of composites for drilling pipes.
Growth Factors:
- Increasing demand for composites in the aerospace and defense industries
- Growing popularity of composite materials in the automotive industry
- Rising demand for lightweight and durable materials in construction and infrastructure projects
- Proliferation of 3D printing technology for manufacturing composites parts
- Growing awareness about the benefits of using composite simulation software
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Simulation Software Market Research Report
By Type
Computer Aided Design, Computer Aided Engineering, Computer Aided Manufacturing
By Application
Building & Construction, Wind Energy, Transportation, Marine, Others
By Companies
Altair Engineering, Inc, Autodesk, Inc., CGTech, Dassault Systemes, ESI Group, e-Xstream engineering, HyperSizer, Siemens AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Composite Simulation Software Market Report Segments:
The global Composite Simulation Software market is segmented on the basis of:
Types
Computer Aided Design, Computer Aided Engineering, Computer Aided Manufacturing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Wind Energy, Transportation, Marine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Altair Engineering, Inc
- Autodesk, Inc.
- CGTech
- Dassault Systemes
- ESI Group
- e-Xstream engineering
- HyperSizer
- Siemens AG
Highlights of The Composite Simulation Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Computer Aided Design
- Computer Aided Engineering
- Computer Aided Manufacturing
- By Application:
- Building & Construction
- Wind Energy
- Transportation
- Marine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Composite Simulation Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Composite Simulation Software is a type of software that allows users to create and run simulations involving multiple systems. These simulations can help researchers better understand how different components of a system interact, and can also be used to test proposed solutions.
Some of the major players in the composite simulation software market are Altair Engineering, Inc, Autodesk, Inc., CGTech, Dassault Systemes, ESI Group, e-Xstream engineering, HyperSizer, Siemens AG.
The composite simulation software market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composite Simulation Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Composite Simulation Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composite Simulation Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Composite Simulation Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Composite Simulation Software Market Size & Forecast, 2020-2028
4.5.1 Composite Simulation Software Market Size and Y-o-Y Growth
4.5.2 Composite Simulation Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Computer Aided Design
5.2.2 Computer Aided Engineering
5.2.3 Computer Aided Manufacturing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Building & Construction
6.2.2 Wind Energy
6.2.3 Transportation
6.2.4 Marine
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composite Simulation Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Composite Simulation Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Computer Aided Design
9.6.2 Computer Aided Engineering
9.6.3 Computer Aided Manufacturing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Building & Construction
9.10.2 Wind Energy
9.10.3 Transportation
9.10.4 Marine
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Computer Aided Design
10.6.2 Computer Aided Engineering
10.6.3 Computer Aided Manufacturing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Building & Construction
10.10.2 Wind Energy
10.10.3 Transportation
10.10.4 Marine
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Computer Aided Design
11.6.2 Computer Aided Engineering
11.6.3 Computer Aided Manufacturing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Building & Construction
11.10.2 Wind Energy
11.10.3 Transportation
11.10.4 Marine
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Computer Aided Design
12.6.2 Computer Aided Engineering
12.6.3 Computer Aided Manufacturing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Building & Construction
12.10.2 Wind Energy
12.10.3 Transportation
12.10.4 Marine
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Computer Aided Design
13.6.2 Computer Aided Engineering
13.6.3 Computer Aided Manufacturing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Building & Construction
13.10.2 Wind Energy
13.10.3 Transportation
13.10.4 Marine
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Composite Simulation Software Market: Competitive Dashboard
14.2 Global Composite Simulation Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Altair Engineering, Inc
14.3.2 Autodesk, Inc.
14.3.3 CGTech
14.3.4 Dassault Systemes
14.3.5 ESI Group
14.3.6 e-Xstream engineering
14.3.7 HyperSizer
14.3.8 Siemens AG
