Generative Design - Global Market Trajectory & Analytics

Global Generative Design Market to Reach $523.8 Million by 2027

Amid the COVID-19 crisis, the global market for Generative Design estimated at US$155.4 Million in the year 2020, is projected to reach a revised size of US$523.8 Million by 2027, growing at a CAGR of 19% over the period 2020-2027. Software, one of the segments analyzed in the report, is projected to record 19.3% CAGR and reach US$403.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 17.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $41.8 Million, While China is Forecast to Grow at 24.3% CAGR

The Generative Design market in the U.S. is estimated at US$41.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$126.1 Million by the year 2027 trailing a CAGR of 24.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 16.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15% CAGR.

Select Competitors (Total 34 Featured):

• Altair
• Ansys
• Autodesk
• Bentley Systems
• Dassault Systèmes
• Desktop Metal
• ESI Group
• MSC Software
• Ntopology
• Paramatters