Table of Content

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKET SEGMENTATION 16
1.3.2 REGIONAL SCOPE 16
1.4 YEARS CONSIDERED FOR THE STUDY 17
1.5 CURRENCY 17
1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Breakdown of primaries 20
2.1.2.2 Key industry insights 20
2.2 DATA TRIANGULATION 21
2.3 MARKET SIZE ESTIMATION 21
2.3.1 TOP-DOWN APPROACH 22
2.3.2 BOTTOM-UP APPROACH 22
2.4 MARKET FORECAST 23
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS 24
2.6 LIMITATIONS 24

3 EXECUTIVE SUMMARY 25

4 PREMIUM INSIGHTS 28
4.1 ATTRACTIVE OPPORTUNITIES IN THE GENERATIVE DESIGN MARKET 28
4.2 GENERATIVE DESIGN MARKET SHARE, BY COMPONENT 28
4.3 GENERATIVE DESIGN MARKET, BY DEPLOYMENT MODEL 29
4.4 GENERATIVE DESIGN MARKET, BY INDUSTRY VERTICAL 29
4.5 GENERATIVE DESIGN MARKET, BY REGION 30
?

5 MARKET OVERVIEW AND INDUSTRY TRENDS 31
5.1 INTRODUCTION 31
5.2 MARKET DYNAMICS 31
5.2.1 DRIVERS 32
5.2.1.1 Need for advanced design software to drive product innovation 32
5.2.1.2 Growing demand for environment-friendly architecture 32
5.2.1.3 Enhanced production efficiency 32
5.2.2 RESTRAINTS 33
5.2.2.1 Complexity in using generative design software 33
5.2.3 OPPORTUNITIES 33
5.2.3.1 Emerging applications across various industries 33
5.2.3.2 Technological advancements in AI and cloud computing 33
5.2.4 CHALLENGES 33
5.2.4.1 Integration complexities 33
5.3 INDUSTRY TRENDS 34
5.4 GENERATIVE DESIGN MARKET: USE CASES 34
5.4.1 USE CASE 1: REDUCING WEIGHT AND OPTIMIZING PERFORMANCE OF VEHICLES USING GENERATIVE DESIGN SOFTWARE 34
5.4.2 USE CASE 2: REDUCING WEIGHT AND CREATING STRONG COMPONENTS WITH GENERATIVE DESIGN SOFTWARE 35
5.4.3 USE CASE 3: REDUCING WEIGHT AND CREATING EASY-TO-USE PRODUCTS WITH GENERATIVE DESIGN SOFTWARE 35
5.5 GENERATIVE DESIGN PROCESS FLOW 36

6 GENERATIVE DESIGN MARKET, BY COMPONENT 37
6.1 INTRODUCTION 38
6.2 SOFTWARE 39
6.2.1 NEED TO IMPROVE PRODUCTION EFFICIENCY WOULD DRIVE THE GROWTH OF GENERATIVE DESIGN SOFTWARE 39
6.3 SERVICES 40
6.3.1 DESIGN & CONSULTING 41
6.3.1.1 The need to explore new avenues for improving business performance to drive growth of consulting services 41
6.3.2 SUPPORT & MAINTENANCE 42
6.3.2.1 Complexity of operations and the need for regular assistance during the software lifecycle to foster growth of support & maintenance 42
?

7 GENERATIVE DESIGN MARKET, BY APPLICATION 43
7.1 INTRODUCTION 44
7.2 PRODUCT DESIGN & DEVELOPMENT 45
7.2.1 GENERATIVE DESIGN SOFTWARE CAN PRODUCE A WIDE RANGE OF COMPLEX DESIGN ALTERNATIVES IN MINIMAL TIME 45
7.3 COST OPTIMIZATION 45
7.3.1 THE USE OF GENERATIVE DESIGN RESULTS IN LOWER MATERIAL AND SHIPPING COSTS 45
7.4 OTHERS 46

8 GENERATIVE DESIGN MARKET, BY DEPLOYMENT MODEL 47
8.1 INTRODUCTION 48
8.2 ON-PREMISES 49
8.2.1 DATA SECURITY AND PRIVACY CONCERNS TO DRIVE DEMAND FOR ON-PREMISE GENERATIVE DESIGN SOFTWARE 49
8.3 CLOUD 50
8.3.1 ON-THE-GO ACCESS TO GENERATIVE DESIGN SOFTWARE TO DRIVE ADOPTION OF CLOUD DEPLOYMENT 50

9 GENERATIVE DESIGN MARKET, BY INDUSTRY VERTICAL 51
9.1 INTRODUCTION 52
9.2 AUTOMOTIVE 53
9.2.1 NEED FOR ADVANCED DESIGN SOFTWARE TO REDUCE PRODUCTION AND MATERIAL COSTS TO DRIVE DEMAND 53
9.3 AEROSPACE & DEFENSE 54
9.3.1 NEED FOR LIGHTWEIGHT COMPONENTS AND ENERGY PERFORMANCE OPTIMIZATION TO DRIVE ADOPTION OF GENERATIVE DESIGN 54
9.4 INDUSTRIAL MANUFACTURING 54
9.4.1 THE USE OF MACHINE LEARNING TO CREATE MULTIPLE DESIGN ITERATIONS TO INCREASE ADOPTION OF GENERATIVE DESIGN 54
9.5 BUILDING 55
9.5.1 INITIATIVES TO CONSTRUCT ECO-FRIENDLY BUILDINGS TO SPUR THE DEMAND FOR GENERATIVE DESIGN 55
9.6 ARCHITECTURE & CONSTRUCTION 56
9.6.1 NEED FOR OPTIMIZED CONSTRUCTION TIME, LOGISTICS, AND MATERIAL COSTS TO DRIVE ADOPTION ACROSS ARCHITECTURE & CONSTRUCTION SECTOR 56
9.7 OTHERS 56
?

10 GENERATIVE DESIGN MARKET, BY REGION 58
10.1 INTRODUCTION 59
10.2 NORTH AMERICA 60
10.2.1 US 63
10.2.1.1 US held the largest market share in the region due to the presence of prominent players and high technology spending 63
10.2.2 CANADA 63
10.2.2.1 Higher technology adoption across automotive and industrial manufacturing to drive market growth 63
10.3 EUROPE 63
10.3.1 GERMANY 66
10.3.1.1 Growing interest in generative design software from the construction and automotive verticals to drive the market in Germany 66
10.3.2 UK 66
10.3.2.1 UK to account for the largest market size for generative design in Europe 66
10.3.3 FRANCE 66
10.3.3.1 Strong distribution channel of players drive market growth in France 66
10.3.4 REST OF EUROPE 66
10.4 ASIA PACIFIC (APAC) 66
10.4.1 CHINA 70
10.4.1.1 China to account for the largest generative design market size in APAC 70
10.4.2 JAPAN 70
10.4.2.1 Growing investments in advanced manufacturing design software to drive market growth 70
10.4.3 SOUTH KOREA 70
10.4.3.1 Inclination of consumers toward learning and training to fuel growth of generative design market 70
10.4.4 INDIA 70
10.4.4.1 Growth of manufacturing and automotive industry verticals to trigger adoption of generative design adoption 70
10.4.5 REST OF ASIA PACIFIC 70
10.5 LATIN AMERICA 71
10.5.1 BRAZIL 73
10.5.1.1 Need for cost optimization across automotive industry to drive growth of generative design market 73
10.5.2 MEXICO 73
10.5.2.1 Adoption of 3D printing and additive manufacturing to boost adoption of generative design 73
10.5.3 REST OF LATIN AMERICA 73
?
10.6 MIDDLE EAST & AFRICA (MEA) 74
10.6.1 MIDDLE EAST 76
10.6.1.1 Improving manufacturing infrastructure to drive market growth 76
10.6.2 AFRICA 76
10.6.2.1 Africa to exhibit high CAGR during forecast period 76

11 COMPETITIVE LANDSCAPE 77
11.1 OVERVIEW 77
11.2 COMPETITIVE SCENARIO 78
11.2.1 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS 78
11.2.2 ACQUISITIONS, PARTNERSHIPS, AND COLLABORATIONS 78
11.3 GENERATIVE DESIGN MARKET: PROMINENT PLAYERS 79

12 COMPANY PROFILES 80
(Business Overview, Software and Services Offered, Recent Developments, SWOT Analysis, and MNM View)*
12.1 ALTAIR 80
12.2 BENTLEY SYSTEMS 83
12.3 AUTODESK 85
12.4 ANSYS 88
12.5 DESKTOP METAL 91
12.6 DASSAULT SYST?MES 93
12.7 MSC SOFTWARE 95
12.8 ESI GROUP 96
12.9 NTOPOLOGY 97
12.10 PARAMATTERS 98
*Details on Business Overview, Software and Services Offered, Recent Developments, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.

13 APPENDIX 99
13.1 DISCUSSION GUIDE 99
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 102
13.3 AVAILABLE CUSTOMIZATION 104
13.4 RELATED REPORTS 104
13.5 AUTHOR DETAILS 105



List of Figures



FIGURE 1 GENERATIVE DESIGN MARKET: RESEARCH DESIGN 18
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION AND REGION 20
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
AND TOP-DOWN APPROACH 22
FIGURE 4 FACTOR ANALYSIS 23
FIGURE 5 GENERATIVE DESIGN MARKET: ASSUMPTIONS 24
FIGURE 6 GENERATIVE DESIGN MARKET ANALYSIS 26
FIGURE 7 FASTEST-GROWING SEGMENTS IN GENERATIVE DESIGN MARKET 27
FIGURE 8 GENERATIVE DESIGN MARKET IS DRIVEN BY RISING NEED FOR ADVANCED DESIGN SOFTWARE TO ENHANCE PRODUCT INNOVATION 28
FIGURE 9 SOFTWARE SEGMENT IS EXPECTED TO DOMINATE DURING THE FORECAST PERIOD 28
FIGURE 10 ON-PREMISES DEPLOYMENT MODEL SEGMENT IS EXPECTED TO HAVE A LARGER MARKET SHARE DURING THE FORECAST PERIOD 29
FIGURE 11 AEROSPACE & DEFENSE VERTICAL IS EXPECTED TO WITNESS THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 29
FIGURE 12 NORTH AMERICA IS ESTIMATED TO HAVE THE LARGEST MARKET SHARE IN 2018 30
FIGURE 13 GENERATIVE DESIGN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 31
FIGURE 14 GENERATIVE DESIGN PROCESS FLOW 36
FIGURE 15 SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 38
FIGURE 16 DESIGN & CONSULTING SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 40
FIGURE 17 COST OPTIMIZATION SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 44
FIGURE 18 ON-PREMISES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 48
FIGURE 19 AEROSPACE & DEFENSE VERTICAL TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 52
FIGURE 20 ASIA PACIFIC TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 59
FIGURE 21 NORTH AMERICA: MARKET SNAPSHOT 60
FIGURE 22 ASIA PACIFIC: MARKET SNAPSHOT 67
FIGURE 23 KEY DEVELOPMENTS BY THE LEADING PLAYERS IN THE GENERATIVE DESIGN MARKET, 2017–2019 77
FIGURE 24 ALTAIR: COMPANY SNAPSHOT 80
FIGURE 25 AUTODESK: COMPANY SNAPSHOT 85
FIGURE 26 ANSYS: COMPANY SNAPSHOT 88
FIGURE 27 DASSAULT SYST?MES: COMPANY SNAPSHOT 93
FIGURE 28 ESI GROUP: COMPANY SNAPSHOT 96

 

List of Tables



TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2015–2018 17
TABLE 2 GENERATIVE DESIGN MARKET SIZE AND GROWTH RATE 2016–2023 (USD MILLION, Y-O-Y%) 26
TABLE 3 GENERATIVE DESIGN MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION) 38
TABLE 4 SOFTWARE: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 39
TABLE 5 GENERATIVE DESIGN MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION) 40
TABLE 6 SERVICES: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 41
TABLE 7 DESIGN & CONSULTING SERVICES: GENERATIVE DESIGN MARKET SIZE BY REGION, 2016–2023 (USD MILLION) 41
TABLE 8 SUPPORT &D MAINTENANCE SERVICES: GENERATIVE DESIGN MARKET SIZE BY REGION, 2016–2023 (USD MILLION) 42
TABLE 9 GENERATIVE DESIGN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION) 44
TABLE 10 PRODUCT DESIGN & DEVELOPMENT: GENERATIVE DESIGN MARKET SIZE BY REGION, 2016–2023 (USD MILLION) 45
TABLE 11 COST OPTIMIZATION: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 46
TABLE 12 OTHER APPLICATIONS: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 46
TABLE 13 GENERATIVE DESIGN MARKET SIZE, BY DEPLOYMENT MODEL 2016–2023 (USD MILLION) 48
TABLE 14 ON-PREMISES: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 49
TABLE 15 CLOUD: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 50
TABLE 16 GENERATIVE DESIGN MARKET SIZE, BY INDUSTRY VERTICAL 2016–2023 (USD MILLION) 52
TABLE 17 AUTOMOTIVE: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 53
TABLE 18 AEROSPACE & DEFENSE: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 54
TABLE 19 INDUSTRIAL MANUFACTURING: GENERATIVE DESIGN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 55
TABLE 20 BUILDING: GENERATIVE DESIGN MARKET SIZE, BY REGION 2016–2023 (USD MILLION) 55
TABLE 21 ARCHITECTURE & CONSTRUCTION: GENERATIVE DESIGN MARKET SIZE BY REGION, 2016–2023 (USD MILLION) 56
TABLE 22 OTHER INDUSTRY VERTICALS: GENERATIVE DESIGN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 57
TABLE 23 GENERATIVE DESIGN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 59
TABLE 24 NORTH AMERICA: GENERATIVE DESIGN MARKET SIZE, BY COMPONENT 2016–2023 (USD MILLION) 61
TABLE 25 NORTH AMERICA: GENERATIVE DESIGN MARKET SIZE, BY SERVICE 2016–2023 (USD MILLION) 61
TABLE 26 NORTH AMERICA: GENERATIVE DESIGN MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 61
TABLE 27 NORTH AMERICA: GENERATIVE DESIGN MARKET SIZE, BY DEPLOYMENT MODEL, 2016–2023 (USD MILLION) 62
TABLE 28 NORTH AMERICA: GENERATIVE DESIGN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION) 62
TABLE 29 NORTH AMERICA: GENERATIVE DESIGN MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 62
TABLE 30 EUROPE: GENERATIVE DESIGN MARKET SIZE, BY COMPONENT 2016–2023 (USD MILLION) 63
TABLE 31 EUROPE: GENERATIVE DESIGN MARKET SIZE, BY SERVICE 2016–2023 (USD MILLION) 64
TABLE 32 EUROPE: GENERATIVE DESIGN MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 64
TABLE 33 EUROPE: GENERATIVE DESIGN MARKET SIZE, BY DEPLOYMENT MODEL 2016–2023 (USD MILLION) 64
TABLE 34 EUROPE: GENERATIVE DESIGN MARKET SIZE, BY INDUSTRY VERTICAL 2016–2023 (USD MILLION) 65
TABLE 35 EUROPE: GENERATIVE DESIGN MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 65
TABLE 36 ASIA PACIFIC: GENERATIVE DESIGN MARKET SIZE, BY COMPONENT 2016–2023 (USD MILLION) 67
TABLE 37 ASIA PACIFIC: GENERATIVE DESIGN MARKET SIZE, BY SERVICE 2016–2023 (USD MILLION) 68
TABLE 38 ASIA PACIFIC: GENERATIVE DESIGN MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 68
TABLE 39 ASIA PACIFIC: GENERATIVE DESIGN MARKET SIZE, BY DEPLOYMENT MODEL, 2016–2023 (USD MILLION) 68
TABLE 40 ASIA PACIFIC: GENERATIVE DESIGN MARKET SIZE, BY INDUSTRY VERTICAL 2016–2023 (USD MILLION) 69
TABLE 41 ASIA PACIFIC: GENERATIVE DESIGN MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 69
TABLE 42 LATIN AMERICA: GENERATIVE DESIGN MARKET SIZE, BY COMPONENT 2016–2023 (USD MILLION) 71
TABLE 43 LATIN AMERICA: GENERATIVE DESIGN MARKET SIZE, BY SERVICE 2016–2023 (USD MILLION) 71
TABLE 44 LATIN AMERICA: GENERATIVE DESIGN MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 72
TABLE 45 LATIN AMERICA: GENERATIVE DESIGN MARKET SIZE, BY DEPLOYMENT MODEL, 2016–2023 (USD MILLION) 72
TABLE 46 LATIN AMERICA: GENERATIVE DESIGN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION) 72
TABLE 47 LATIN AMERICA: GENERATIVE DESIGN MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 73
TABLE 48 MIDDLE EAST & AFRICA: GENERATIVE DESIGN MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION) 74
TABLE 49 MIDDLE EAST & AFRICA: GENERATIVE DESIGN MARKET SIZE, BY SERVICE 2016–2023 (USD MILLION) 74
TABLE 50 MIDDLE EAST & AFRICA: GENERATIVE DESIGN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION) 75
TABLE 51 MIDDLE EAST & AFRICA: GENERATIVE DESIGN MARKET SIZE, BY DEPLOYMENT MODEL, 2016–2023 (USD MILLION) 75
TABLE 52 MIDDLE EAST & AFRICA: GENERATIVE DESIGN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION) 75
TABLE 53 MIDDLE EAST & AFRICA: GENERATIVE DESIGN MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 76
TABLE 54 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS, 2017–2018 78
TABLE 55 PARTNERSHIPS AND COLLABORATIONS, 2018 78
TABLE 56 KEY PLAYERS IN THE GENERATIVE DESIGN MARKET 79