Generative design replicates natural world's evolutionary approach with cloud computing to provide thousands of solutions to one engineering problem.
Using artificial intelligence (AI) software and the compute power of the cloud, generative design enables engineers to create thousands of design options by simply defining their design problem - inputting basic parameters such as height, weight it must support, strength, and material options.
This report contains market size and forecasts of Generative Design in Global, including the following market information:
Global Generative Design Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Generative Design market was valued at 193.7 million in 2021 and is projected to reach US$ 544.7 million by 2028, at a CAGR of 15.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Product Design & Development Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Generative Design include Autodesk, Altair, ANSYS, MSC Software, 3DEXPERIENCE Company, ESI Group, Bentley Systems, Desktop Metal and nTopology and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Generative Design companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Generative Design Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Generative Design Market Segment Percentages, by Type, 2021 (%)
Product Design & Development
Cost Optimization
Global Generative Design Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Generative Design Market Segment Percentages, by Application, 2021 (%)
Automotive
Aerospace & Defense
Industrial Manufacturing
Others
Global Generative Design Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Generative Design Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Generative Design revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Generative Design revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Autodesk
Altair
ANSYS
MSC Software
3DEXPERIENCE Company
ESI Group
Bentley Systems
Desktop Metal
nTopology
Paramatters