Global Structural Engineering Software Market Overview:
Structural engineering software provides quick modeling, structural analysis and design of 2D and 3D models. The models consists of member, plate, wall, folded plate, shell, solid, and contact element. This software is user friendly and increases the efficiency. In addition, Structural engineering software makes the load analysis and modeling efficient which reduces the time and effort. It includes features such as analysis of diversified profile, modeling structure of materials, geometric error check and others.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Autodesk (United States), Bentley Systems (United States), Computers and Structures, Inc. (United States), RISA Tech, Inc. (United States), Trimble Inc. (United States), Safi Quality Software (Canada), Strusoft (Sweden), Hypersizer (United States), SkyCiv Engineering (United States) and Oasys (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Features Such as Fast, Efficient Analysis and Design.
- Need of Accurate Calculations as the Complexity of Projects is increasing
Roadblocks
- High Costs Associated with Skilled Professionals
Opportunities
- Rising Construction Activities in Developing Economies
- Increasing Investments in Technology and Prefabrication Methods
Challenges
- Lack of Skilled Professionals to Operate the Structural Engineering Software
Competitive Landscape:
The market of Structural Engineering Software are focusing on the product developments to gain competitive advantage. The market consists of emerging players who are looking for expansion through merger and acquisition.
Some of the key players profiled in the report are Autodesk (United States), Bentley Systems (United States), Computers and Structures, Inc. (United States), RISA Tech, Inc. (United States), Trimble Inc. (United States), Safi Quality Software (Canada), Strusoft (Sweden), Hypersizer (United States), SkyCiv Engineering (United States) and Oasys (United States). Additionally, following companies can also be profiled that are part of our coverage like eTakeoff (United States) and Elxis S.A (Greece). Analyst at AMA Research see United States Players to retain maximum share of Global Structural Engineering Software market by 2027. Considering Market by Platform, the sub-segment i.e. Mac will boost the Structural Engineering Software market. Considering Market by Deployment, the sub-segment i.e. Cloud will boost the Structural Engineering Software market. Considering Market by Subscription, the sub-segment i.e. Basic will boost the Structural Engineering Software market.
Latest Market Insights:
On 20th November 2018, Autodesk has signed an agreement to acquire Plan Grid which is a leading provider of construction productivity software. This acquisition will help the company to offer comprehensive, cloud based construction platform.
What Can be Explored with the Structural Engineering Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Structural Engineering Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Structural Engineering Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Structural Engineering Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Structural Engineering Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Distributors and Traders, Research Organisations, Government Agencies and Organisations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.