Generative Design Market

Generative design is a CAD engineering software function in which a designer collaborates with artificial intelligence algorithms to generate and evaluate hundreds of potential designs for a product theme.

Market Dynamics:

The acquisitions by the key players towards the development of generative design is anticipated to fuel the growth of global generative design market. For instance, Desktop Metal announced the acquisition of EnvisionTEC, a leading global provider of the volume production photopolymer 3D printing solutions for the end-use parts.  Further, more efficient energy consumption equates to more excellent range per charge, which is one of the most important considerations for consumers when evaluating electric vehicles.

On Contrary, the covid-19 outbreak has led to the negative impact on the growth of the global generative design market.

Key features of the study:

• This report provides in-depth analysis of the global generative design market, and provides market size (US$ 1.88 Bn) and compound annual growth rate (20%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global generative design market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Major companies involved in the global generative design market are Altair Engineering Inc., Dassault Systèmes SE, Bentley Systems Inc., Caracol AM, Autodesk Inc., MSC Software Corporation (Hexagon AB), Diabatix, ANSYS Inc., Paramatters, Desktop Metal Inc. and nTopology Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global generative design market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global generative design market.

Detailed Segmentation:

• Global Generative Design Market, By Deployment:
  • On-premise
  • Cloud
• Global Generative Design Market, By End-User Vertical:
  • Automotive
  • Aerospace and Defense
  • Architecture and Construction
  • Industrial Manufacturing
  • Other End-user Verticals
• Global Generative Design Market, By Geography:
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Company Profiles:
  • 1Altair Engineering Inc.
  • Bentley Systems Inc.
  • Autodesk Inc.
  • ANSYS Inc.
  • Desktop Metal Inc.
  • Dassault Systèmes SE
  • MSC Software Corporation (Hexagon AB)
  • nTopology Inc.
  • Paramatters
  • 1Diabatix
  • Caracol AM