Global Engineering Software Market, 2025 – Introduction of IoT / Wide Spread of Factory Automation / Emergence of Advanced Driver Assistance Systems / Oil & Gas Exploration

The engineering software market is US$ 24.35 Bn in 2015 and is estimated to reach US$ 44.54 Bn by 2025

Technology is witnessing a high growth owing to its increasing applications in several new industries, which is further driving the engineering software market by 7.17% between 2015 and 2025.

Engineering Software market operates in a highly-competitive marketplace. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world.

Europe is one of the prominent regions in engineering software market which will contribute highest revenue globally due to technological developments and considerable application of engineering software in different end-user segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth manufacturing sector will pave the path for increasing adoption and propel the market for engineering software market.

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.

Key Industry Dynamics

Market Drivers

  • Burgeoning Need for Automation and Cost-Effective Technology
  • Rapid Expansion in Manufacturing Industry
  • Growing Construction and Infrastructure Developments

Market Restraints

  • High License and Maintenance Cost
  • Complicated End-User Requirements

Market Opportunities

  • Introduction of IoT
  • Wide Spread of Factory Automation
  • Emergence of Advanced Driver Assistance Systems (ADAS)
  • Oil & Gas Exploration

Future Trends

  • Mobile Access to CAD
  • Emerging Cloud based CAD

Key Topics Covered:

1 Tables & Figures

2 Introduction

3 Key Takeaways

4 Engineering Software Market Landscape

5 Global Engineering Software Market – Key Industry Dynamics

6 Engineering Software Market – Global

7 Global Engineering Software Market Analysis – By Software Types

8 Global Engineering Software Market Analysis -By Applications

9 Global Engineering Software Market – Geographical Analysis

10 Industry Landscape

11 Competitive Landscape

12 Global Engineering Software Market – Key Company Profiles

  • PTC, Inc
  • Rockwell Automation
  • SAP SE
  • Siemens PLM Software Inc.
  • Synopsys, Inc.
  • Autodesk, Inc.
  • AVEVA Group plc
  • Dassault Systemes, S.A.
  • Vectorworks Inc.
  • Aspen Technology, Inc.
  • Intergraph Corporation
  • KBC Advanced Technologies Plc
  • Cranes Software International Ltd.
  • Ansys, Inc.
  • SmartDraw, LLC
  • D'GIPRO Design Automation Pvt. Ltd

For more information about this report visit https://www.researchandmarkets.com/research/qbxv4z/global?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/global-engineering-software-market-2025—introduction-of-iot–wide-spread-of-factory-automation–emergence-of-advanced-driver-assistance-systems–oil–gas-exploration-300582608.html

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

Powered by WPeMatico

You might like

About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
%d bloggers like this: