Road Design and Analysis Market Scope
Road design and analysis software help civil engineers, highway and transportation agencies, and contractors for geometric design of roads such as designing horizontal curve, vertical curve, profile correction, superelevation, road widening, plan profile creation and more. This software allows designing projects, compliant with the existing norms (national roads, highways, forest paths) from planning to implementation. Most of the software vendors allow integration of the software with other platforms such as Bentley, Autodesk, etc.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Road Design and Analysis market throughout the predicted period.
Bentley Systems, Incorporated (United States), Autodesk Inc. (United States), Site3D (United Kingdom), Softree Technical Systems Inc. (Canada), ESurveying Softech (India), SierraSoft (Italy), Transoft Solutions Inc. (Canada), SOFTBIZ (India), Techsoft Engineering Services (I) Pvt. Ltd. (India) and Geomensura (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Odos Software (Greece), CGS Labs (Slovenia), 12d Solutions Pty Ltd. (Australia), Diolkos3d (Greece), Interstudio S.r.l. (Italy) and Civil Designer Software (United Kingdom).
Segmentation Overview
The study have segmented the market of Global Road Design and Analysis market by Type (2D and Interactive 3D), by Application (Surveying, Drainage, Subsurface Utilities, Roadway Design and Others) and Region with country level break-up.
On the basis of geography, the market of Road Design and Analysis 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).
Influencing Trend:
Improvement in the Quality of Designs with 3D Modelling Technology, Real-time Modification and Checking Facility and Extension of Functionality such as BIM Modelling
Market Growth Drivers:
Rise in Infrastructure Developments across the Globe owing to Rapid Urbanisation, Increasing Government Spending on Transportation Infrastructures such as Roads, Bridges, and Highways and Global Pressures Including Competition in Project Costs, Resources, and Quality
Challenges:
Availability of Free Software and Solutions and Integration of Software with Other Platforms
Restraints:
Lack of Awareness & Expertise among Contractors and Builders
Opportunities:
Growing Demand from Governments of Various Nations owing to Fast and seamlessly running of the Projects, Adoption of Latest Technology and Trends such as Cloud and Automation and Innovation in Road Design and Management Software such as Data Processing and Re-Use
Market Leaders and their Expansionary Development Strategies
On March 11, 2020, Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, has announced the acquisition of GroupBC, a leading UK SaaS software innovator. and On July 22, 2019, Transoft Solutions Inc., a global leader in transportation engineering design and analysis software, has announced the completion of its acquisition of Keysoft Solutions Ltd.
On October 17, 2018, global software solutions provider Bentley Systems has launched a new suite of engineering and analysis applications, including OpenSite Designer, an application for the design and construction of civil project sites.
Key Target Audience
Road Design and Analysis Software Vendors, Software Integrators and Developers, Real Estate Companies, Builders and Developers, End-Use Industries, Government and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.