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(I-SoftwareNews.Com, May 31, 2018 ) The engineering software market is US$ 24.35 Bn in 2016 and is estimated to reach US$ 44.54 Bn by 2025. With expanding infrastructural improvements in the developing and developed nations, growth of engineering software market is likely to encounter a noteworthy ascent. The development of engineering software is additionally strongly dependent upon the development of ventures like oil and gas, chemical, power, mining, refining and other manufacturing enterprises. Aside from these ventures, the engineering software are utilized in several manufacturing facilities such as gadgets, paper and pulp, and so forth. Over all the market is expected to continue its growth, as more innovative and novel technologies dive into these enterprises.
Engineering software market by software types is segmented into Computer-Aided Design (CAD), Computer-Aided Manufacturing (CAM), Computer-Aided Engineering (CAE), Electronic Design Automation (EDA) and Architecture, Engineering & Construction (AEC). These engineering software are utilized for planning and creation of protocols for different industry instruments and models. As separate businesses beseech distinctive request, a wide range of software is intended to encourage the redesigning requests of these ventures.
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Key trend which will predominantly effect the market in coming year is emergence of cloud based CAD. The cloud offers a solitary source of information, which makes it more convenient for multi-client ventures. With the expanded utilization of cloud innovation across the globe, the development of CAD in the cloud is projected to rise up amid the forecast period. Computer-aided design in the cloud offers numerous benefits to the clients', which includes simpler advancement of software, higher versatility, noteworthy shrinkage in cost, and also expanded storage capacity. Further, headway in cloud innovation is expected to discover applications in infrastructure and construction development ventures.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the engineering software industry.
The List of Companies
1. PTC, Inc
2. Rockwell Automation
3. SAP SE
4. Siemens PLM Software Inc.
5. Synopsys, Inc.
6. Autodesk, Inc.
7. AVEVA Group plc
8. Dassault Systemes, S.A.
9. Vectorworks Inc.
10. Aspen Technology, Inc.
11. Intergraph Corporation
12. KBC Advanced Technologies Plc
9 Global Engineering Software Market – Geographical Analysis 66
9.1 Overview 66
9.2 North America Engineering Software Market Revenue and Forecasts to 2025 67
9.2.1 Overview 67
9.2.2 North America Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 68
9.2.3 North America Engineering Software Market Breakdown by Key Countries 69
9.2.3.1 US Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 70
9.2.3.2 Canada Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 71
9.2.3.3 Mexico Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 72
9.2.4 North America Engineering Software Market Breakdown by Software Type 73
9.2.5 North America Engineering Software Market Breakdown by Applications 74
9.3 Europe Engineering Software Market Revenue and Forecasts to 2025 75
9.3.1 Overview 75
9.3.2 Europe Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 75
9.3.3 Europe Engineering Software Market Breakdown by Key Countries 77
9.3.3.1 France Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 78
9.3.3.2 Germany Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 79
9.3.3.3 Italy Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 80
9.3.3.4 Spain Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 81
9.3.3.5 UK Engineering Software Market Revenue and Forecasts to 2025 (US$ Mn) 82
9.3.4 Europe Engineering Software Market Breakdown by Software Type 83
9.3.5 Europe Engineering Software Market Breakdown by Applications 83
9.4 Asia Pacific (APAC) Engineering Software Market Revenue and Forecasts to 2025 84
4 Engineering Software Market Landscape 19
4.1 Market Overview 19
4.2 Market Segmentation 21
4.2.1 Global Engineering Software Market – By Software Type 22
4.2.2 Global Engineering Software Market – By Application 23
4.2.3 Global Engineering Software Market – By Geography 23
4.3 PEST Analysis 25
4.3.1 North America PEST Analysis 25
4.3.2 Europe PEST Analysis 27
4.3.3 Asia Pacific PEST Analysis 29
4.3.4 Middle East & Africa PEST Analysis 32
4.3.5 South America PEST Analysis 35
5 Global Engineering Software Market – Key Industry Dynamics 37
5.1 Key Market Drivers 37
5.1.1 Burgeoning Need for Automation and Cost-Effective Technology 37
5.1.2 Rapid Expansion in Manufacturing Industry 37
5.1.3 Growing Construction and Infrastructure Developments 38
5.2 Key Market Restraints 39
5.2.1 High License and Maintenance Cost 39
5.2.2 Complicated End-User Requirements 39
5.3 Key Market Opportunities 40
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Source: EmailWire.Com 
Source: EmailWire.com
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