Market Overview:
The global engineering design 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 computer-aided design (CAD) and electronic design automation (EDA) software in industrial facilities and infrastructure projects. North America is expected to lead the global engineering design software market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A software program used to create or modify engineering drawings. Engineering design software is important because it allows engineers to communicate their designs more effectively and make changes quickly.
Computer-Aided Design:
Computer-aided design (CAD) is a tool that helps in the designing of any manufactured item using 2D and 3D computer graphics. It uses various tools such as AutoCAD, Inventor, Revit, Fusion 360 or SolidWorks for the creation and manipulation of data. The primary function performed by CAD software is to provide a interface between the designer and manufacturer which ensures proper communication about modifications required to be made in the product.
Electronic Design Automation Software:
Electronic design automation software is used in the engineering design software market. The global market for electronic design automation (EDA) is expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
The industry has been segmented into six application segments based on the type of design and its applications including industrial facilities, infrastructure, transportation & logistics, consumer goods, aerospace & defense and medical equipment. The infrastructure segment accounted for a major share in 2015. This can be attributed to the growing need for designing complex structures with an increasing number of components at a global level as well as locally.
The use of 3D CAD software is widely prevalent in architecture and other related fields due to their ability to visualize designs more realistically than 2D CAD programs can. Moreover, these tools also offer flexibility in changing designs quickly if necessary while keeping all the specifications intact-a capability that makes them highly suitable for designers working on large projects such as buildings or bridges where changes are inevitable during construction stages.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing manufacturing activities in various industries, such as automotive, aerospace & defense, consumer electronics, and industrial machinery.
The growing manufacturing sector across emerging economies of Asia Pacific including China and India is anticipated to drive the demand for engineering design software over the forecast period. Furthermore, rising investments by multinational companies in developing countries are also contributing toward regional growth. For instance; In January 2018; Siemens opened a new office in Pune with an aim to expand its business operations across South Asia region which includes India among other countries such as Bangladesh & Pakistan.
North America accounted for a significant share owing to presence of major players along with high adoption rate of latest technologies within industry verticals like aerospace & defense.
Growth Factors:
- Increasing demand for better and efficient products by consumers
- Rapid industrialization in developing countries
- Rising need for automation in manufacturing sector
- Growing popularity of 3D printing technology
- Emergence of new software design tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Engineering Design Software Market Research Report
By Type
Computer-Aided Design, Electronic Design Automation Software
By Application
Industrial Facilities, Infrastructure
By Companies
Autodesk, Bentley Systems, Dassault Systemes, IBM, Siemens
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Engineering Design Software Market Report Segments:
The global Engineering Design Software market is segmented on the basis of:
Types
Computer-Aided Design, Electronic Design Automation Software
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
Industrial Facilities, Infrastructure
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:
- Autodesk
- Bentley Systems
- Dassault Systemes
- IBM
- Siemens
Highlights of The Engineering Design 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
- Electronic Design Automation Software
- By Application:
- Industrial Facilities
- Infrastructure
- 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 Engineering Design 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?
Engineering design software is a computer program that helps engineers create and modify designs. It can include features for drawing, simulation, and analysis.
Some of the key players operating in the engineering design software market are Autodesk, Bentley Systems, Dassault Systemes, IBM, Siemens.
The engineering design software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Engineering Design 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 Engineering Design Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Engineering Design 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 Engineering Design 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 Engineering Design Software Market Size & Forecast, 2018-2028
4.5.1 Engineering Design Software Market Size and Y-o-Y Growth
4.5.2 Engineering Design Software Market Absolute $ Opportunity
Chapter 5 Global Engineering Design Software 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 Engineering Design Software Market Size Forecast by Type
5.2.1 Computer-Aided Design
5.2.2 Electronic Design Automation Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Engineering Design Software 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 Engineering Design Software Market Size Forecast by Applications
6.2.1 Industrial Facilities
6.2.2 Infrastructure
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Engineering Design 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 Engineering Design 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 Engineering Design Software Analysis and Forecast
9.1 Introduction
9.2 North America Engineering Design Software 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 Engineering Design Software Market Size Forecast by Type
9.6.1 Computer-Aided Design
9.6.2 Electronic Design Automation Software
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 Engineering Design Software Market Size Forecast by Applications
9.10.1 Industrial Facilities
9.10.2 Infrastructure
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 Engineering Design Software Analysis and Forecast
10.1 Introduction
10.2 Europe Engineering Design Software 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 Engineering Design Software Market Size Forecast by Type
10.6.1 Computer-Aided Design
10.6.2 Electronic Design Automation Software
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 Engineering Design Software Market Size Forecast by Applications
10.10.1 Industrial Facilities
10.10.2 Infrastructure
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 Engineering Design Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Engineering Design Software 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 Engineering Design Software Market Size Forecast by Type
11.6.1 Computer-Aided Design
11.6.2 Electronic Design Automation Software
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 Engineering Design Software Market Size Forecast by Applications
11.10.1 Industrial Facilities
11.10.2 Infrastructure
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 Engineering Design Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Engineering Design Software 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 Engineering Design Software Market Size Forecast by Type
12.6.1 Computer-Aided Design
12.6.2 Electronic Design Automation Software
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 Engineering Design Software Market Size Forecast by Applications
12.10.1 Industrial Facilities
12.10.2 Infrastructure
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) Engineering Design Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Engineering Design Software 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) Engineering Design Software Market Size Forecast by Type
13.6.1 Computer-Aided Design
13.6.2 Electronic Design Automation Software
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) Engineering Design Software Market Size Forecast by Applications
13.10.1 Industrial Facilities
13.10.2 Infrastructure
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 Engineering Design Software Market: Competitive Dashboard
14.2 Global Engineering Design Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autodesk
14.3.2 Bentley Systems
14.3.3 Dassault Systemes
14.3.4 IBM
14.3.5 Siemens
