Market Overview: Industrial Engineering, Design And Construction Software
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Executive Summary
This study maps out the structure of the industrial engineering, design and construction software market, identifies the drivers of change and analyses the path ahead. This report is written for chief strategy officers, VPs of products and heads of marketing in firms that offer engineering, design and construction software solutions, to guide their product strategies. This report is also for VPs of engineering, operations managers and engineering consultants, to inform software purchasing decisions. Multiple factors drive the engineering, design and construction software market, including increased investment in US manufacturing through government funding programmes, the focus on safe and sustainable sites, and the availability of new technology. The market is comprised of four key segments: engineering and design, simulation and analysis, construction management, and document and handover management. Customers’ spending and requirements drive developments in the market, including new analytics and AI capabilities, digital twins, and unified data and information management.
Table of contents
Rising investment and growing engineering demands necessitate the use of digital technologies for successful project outcomesExpanding industrial project portfolios are fuelled by investment and evolving operational needs
The IEDC market consists of numerous segments supported by diverse software categories
The engineering, design and construction software landscape comprises four major segments
Few vendors offer comprehensive end-to-end solutions, as most still focus on point solutions
Future developments in engineering, design and construction software applications will focus on unified data management and AI
Table of figures
Figure 1. Industrial facility life cycleFigure 2. Industrial engineering, design and construction software segments
Figure 3. Sub-segment coverage for IEDC software vendors
Organisations mentioned
3D Systems, Accruent, ANSYS, AnyLogic, Artec 3D, AspenTech, Autodesk, AVEVA, Bentley Systems, Bluebeam, CAD Schroer, CADISON, CADMATIC, CARTO, Creaform, CreateASoft, Dassault Systèmes, Dexus, Emerson, Envirosuite, ESI Group, Esri, FARO, FlexSim, GAMMA AR, General Electric (GE), geoLOGIC systems, Golden Software, Hexagon, Hilti, Honeywell, Intel, IrisVR, KeyShot, Linarc, Lucidchart, Mapbox, Matterport, Maxar Technologies, Modelon, MODS, Newforma, OpenBOM, Oracle, Orbital Insight, Polyga, PROCAD Software, Procore, PTC, Rockwell Automation, Siemens, Simio, Simul8, Skydio, SmartDraw, Synergis Technologies, Taiwan Semiconductor Manufacturing Company, TechViz, The Model Group, Trimble, Unity, US Department of Commerce, US Department of Energy, Vertex Systems, VertiGIS, vGIS, Visual Components, XYZ Reality, ZEISSAbout the authors
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