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Generative Design Market Report by Component, Deployment Model, Application, Industry Vertical, and Region 2024-2032

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    Report

  • 139 Pages
  • March 2024
  • Region: Global
  • IMARC Group
  • ID: 5946979
The global generative design market size reached US$ 258.8 Million in 2023. Looking forward, the publisher expects the market to reach US$ 948.7 Million by 2032, exhibiting a growth rate (CAGR) of 15.5% during 2023-2032.

Generative design is an engineering software that autonomously creates high-performance design iterations based on performance or spatial requirements, manufacturing methods, materials, and costs. It relies on artificial intelligence (AI) algorithms to generate and evaluate a wide range of product designs and make highly customized complex shapes and internal lattices that cannot be produced using conventional manufacturing methods. In addition, it supports topology optimization for performing structural simulation and removing load-weight from empty areas in three-dimensional (3D) models. At present, generative design is adopted around the world as it helps in reducing component weight and simplifying the design.

Generative Design Market Trends:

The growth in the market can be attributed to the extensive usage of generative design software in various end use industries around the world. For instance, it is employed in the automotive industry for manufacturing lightweight components and consolidating parts. This, in confluence with the boosting sales of passenger and commercial vehicles on account of rapid urbanization and improving income levels, is contributing to the market growth. Moreover, regulatory authorities in various countries are implementing stringent policies to reduce the ecological footprint of commercial aircraft. As a result, several manufacturers operating in the aerospace industry are relying on generative design software to reduce aircraft weight, minimize environmental impact, and improve passenger safety. Apart from this, the growing popularity of drones is driving the use of generative design software to improve their aerodynamic efficiency and durability and increase lifespan and flight performance. Other factors, such as the escalating demand for consumer goods and the thriving construction industry, are positively influencing the demand for generative design software to generate multiple computer-aided designs (CADs) and drive innovation and productivity.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global generative design market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on component, deployment model, application and industry vertical.

Breakup by Component:

  • Software
  • Services

Breakup by Deployment Model:

  • On-premises
  • Cloud-based

Breakup by Application:

  • Product Design and Development
  • Cost Optimization
  • Others

Breakup by Industry Vertical:

  • Automotive
  • Aerospace and Defense
  • Industrial Manufacturing
  • Architecture and Construction
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being 3Dnatives, Altair Engineering Inc., Ansys Inc., Autodesk Inc., Bentley Systems Incorporated, Dassault Systèmes SE, Desktop Metal Inc., Diabatix, MSC Software Corporation (Hexagon AB), Ntopology Inc., Proto3000 Inc. and Ptc Inc

Key Questions Answered in This Report

1. What was the size of the global generative design market in 2023?
2. What is the expected growth rate of the global generative design market during 2024-2032?
3. What are the key factors driving the global generative design market?
4. What has been the impact of COVID-19 on the global generative design market?
5. What is the breakup of the global generative design market based on the component?
6. What is the breakup of the global generative design market based on the deployment model?
7. What is the breakup of the global generative design market based on the application?
8. What is the breakup of the global generative design market based on the industry vertical?
9. What are the key regions in the global generative design market?
10. Who are the key players/companies in the global generative design market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Generative Design Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Model
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Product Design and Development
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cost Optimization
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aerospace and Defense
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Industrial Manufacturing
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Architecture and Construction
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3Dnatives
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Altair Engineering Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 Ansys Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Autodesk Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Bentley Systems Incorporated
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Dassault Systèmes SE
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Desktop Metal Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Diabatix
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 MSC Software Corporation (Hexagon AB)
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Ntopology Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Proto3000 Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Ptc Inc.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Generative Design Market: Major Drivers and Challenges
Figure 2: Global: Generative Design Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: Generative Design Market: Breakup by Component (in %), 2023
Figure 5: Global: Generative Design Market: Breakup by Deployment Model (in %), 2023
Figure 6: Global: Generative Design Market: Breakup by Application (in %), 2023
Figure 7: Global: Generative Design Market: Breakup by Industry Vertical (in %), 2023
Figure 8: Global: Generative Design Market: Breakup by Region (in %), 2023
Figure 9: Global: Generative Design (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Generative Design (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Generative Design (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Generative Design (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Generative Design (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Generative Design (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Generative Design (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Generative Design (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Generative Design (Product Design and Development) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Generative Design (Product Design and Development) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Generative Design (Cost Optimization) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Generative Design (Cost Optimization) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Generative Design (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Generative Design (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Generative Design (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Generative Design (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Generative Design (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Generative Design (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Generative Design (Industrial Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Generative Design (Industrial Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Generative Design (Architecture and Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Generative Design (Architecture and Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Generative Design (Other Industry Vertical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Generative Design (Other Industry Vertical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: North America: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: North America: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: United States: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: United States: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Canada: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Canada: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Asia-Pacific: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Asia-Pacific: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: China: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: China: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Japan: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Japan: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: India: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: India: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: South Korea: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: South Korea: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Australia: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Australia: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Indonesia: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Indonesia: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Others: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Others: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Europe: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Europe: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Germany: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Germany: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: France: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: France: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: United Kingdom: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: United Kingdom: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Italy: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Italy: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Spain: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Spain: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Russia: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Russia: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Others: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Others: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Latin America: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Latin America: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Brazil: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Brazil: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Mexico: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Mexico: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Others: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Others: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Middle East and Africa: Generative Design Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Middle East and Africa: Generative Design Market: Breakup by Country (in %), 2023
Figure 81: Middle East and Africa: Generative Design Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Global: Generative Design Industry: SWOT Analysis
Figure 83: Global: Generative Design Industry: Value Chain Analysis
Figure 84: Global: Generative Design Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Generative Design Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Generative Design Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Generative Design Market Forecast: Breakup by Deployment Model (in Million US$), 2024-2032
Table 4: Global: Generative Design Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Generative Design Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
Table 6: Global: Generative Design Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Generative Design Market: Competitive Structure
Table 8: Global: Generative Design Market: Key Players

Companies Mentioned

  • 3Dnatives
  • Altair Engineering Inc.
  • Ansys Inc.
  • Autodesk Inc.
  • Bentley Systems Incorporated
  • Dassault Systèmes SE
  • Desktop Metal Inc.
  • Diabatix
  • MSC Software Corporation (Hexagon AB)
  • Ntopology Inc.
  • Proto3000 Inc
  • Ptc Inc.

Methodology

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Table Information