About Geotechnical Engineering Software
Geotechnical engineering is a part of civil engineering that concerned with the engineering behavior of soil, rock and groundwater and their relation to construction and operation of various engineering projects. It also helps for prediction, prevention or improvement of damage caused by natural hazards Geotechnical Engineering software is defined as software designed especially in order to deal with geotechnical issues such as slope stability, seismic analysis, foundations, etc. These are mostly used by the Construction industry, Energy & power industry, Oil and gas industry, mining industry and others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market for the Geotechnical Engineering Software is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for new players to enter the market. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Geotechnical Engineering Software market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bentley Systems (United States), Civilserve GmbH (Germany), Datgel Pty Ltd (Australia), Deep Excavation LLC. (United States), ENERCALC, Inc. (United States), Geotechnical Software and Services (United States), GEOSTRU (United States), Geotech Computer Systems, Inc. (United States), GINTEGRO (United States) and Vista Data Vision (Iceland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Daystar Software (India), ElmTree System (United States), Novo Tech Software (Canada), ADINA R & D, Inc. (United States) and AEC Logic Pvt. Ltd. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Geotechnical Engineering Software market by , Application (Construction industry, Energy & power industry, Oil and gas industry, Mining industry and Others) and Region.
On the basis of geography, the market of Geotechnical Engineering Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Usage, the sub-segment i.e. Slope Stability will boost the Geotechnical Engineering Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Windows will boost the Geotechnical Engineering Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Geotechnical Engineering Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising use of Geotechnical Engineering Software in 3-Dimensional Geotechnical Analysis
Market Growth Drivers:
Rising Demand for Geotechnical Engineering Software to Measure the Soil or Rock Stress and Vertical Deformation during Tunnels and Bridge Construction and Growing Demand for Geotechnical Engineering Software to Evaluate Seismic Slope Performance in Earthquake Prone Areas
Challenges:
Availability of a Large Number of Free Based Geotechnical Engineering Software and Software Package with Current Technologies such as Automation May be a Problem Owing to Expertise and Patents
Restraints:
Lack of skilled professionals to run Geotechnical Engineering Software
Opportunities:
Increasing Demand in Geotechnical Engineering Software for landslide Assessments and Modeling
Market Leaders and their expansionary development strategies
In April 2018, Bentley Systems, Incorporated, a provider of software solutions for advancing infrastructure announced the acquisition of Plaxis, the leading provider of geotechnical software and the agreement to acquire SoilVision, a soil engineering software provider. It helps in geotechnical applications to be integrated with Bentley’s structural applications for unprecedented geo-structural engineering performance.
Key Target Audience
Geotechnical Engineering Software providers, New Entrants/Investors, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.