What is Bridge Analysis Software Market?
The bridge analysis software is a fully integrated analysis, design and evaluation software for bridges. This software is used for various steel reinforced concrete, composite, pre-stressed girder bridges and steel-wood bridges. The highly developed modelling and analysis functions enable engineers and architectures to overcome common challenges and inefficiencies of finite element analysis.
The market study is being classified, by Application (Design & Modelling, Analysis & Calculation and Others) and major geographies with country level break-up.
Bentley Systems (United States), Autodesk, Inc. (United States), Safi Quality Software, Inc. (Canada), MIDAS Information Technology Co., Ltd (South Korea), Oasys Software (United Kingdom), LUSAS Software (United Kingdom), AMC Bridge LLC (United States), Nemetschek Group (Germany), LARSA, Inc (United States) and Computers and Structures Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are LimitState Ltd (United Kingdom), Tekla (Finland) and Mensch und Maschine Software (Germany).
The market for the Bridge Analysis Software is fragmented with the presence of many players such as Bentley Systems (United States), Autodesk, Inc. (United States), Safi Quality Software, Inc. (Canada), MIDAS Information Technology Co., Ltd (South Korea) and others. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialisation & urbanisation, there are growing prospects for the new players to enter the market Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Bridge Analysis Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Bridge Analysis Software market by Type, Application and Region.
On the basis of geography, the market of Bridge Analysis 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Benefits such as Calculating Capacity of Existing Beams and Columns
- Rising Construction of Bridges in Developing Countries
Market Trend
- Rising Popularity as it Analyses, Verify and Design 2D & 3D Bridges Models
Restraints
- High Cost Associated with these software
Opportunities
- Artificial Intelligence Technology used in Bridge Analysis to Perform the Tasks Involved in Life-Cycle of Bridges
Challenges
- Analysis Consists of Many Repetitive and Time Consuming Steps
In October 2019, ALLPLAN is part of the Nemetschek Group, which provides software for architects, engineers and the construction industry. Allplan Bridge 2020 is the world's first fully integrated solution that uses a common parametric model for both structural analysis and detailing. The less time required for changes greatly speeds up bridge design processes and iterative improvements can be used to develop an optimal design.
Key Target Audience
Bridge Analysis Software Developers, Software Service Providers, System Integrator, Research and Development Institutes, End-Users and Others