Generative Design Market, By Deployment, By Vertical, By Geography

Description

The Global Generative Design Market is estimated to be valued at US$ 4.02 Bn in 2024 and is expected to reach US$ 11.58 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 16.3% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 4.02 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	16.30%	2031 Value Projection:	US$ 11.58 Bn

Figure. Generative Design Market Share (%), By Region 2024

Generative design is an emerging design methodology that uses artificial intelligence and computational design techniques to generate new design concepts and optimize performances. It allows designers to explore thousands of design iterations within minutes by automating engineering calculations and simulations. Generative design enables finding better designs faster by intelligently navigating the design space through automation. The technology has potential to transform product design and development by enhancing design exploration and iteration capabilities multifold.

Market Dynamics:

The global generative design market growth is driven by the need for faster product development cycles. Generative design significantly reduces the time taken to iterate designs and arrive at optimal solutions by handling complex simulations and calculations internally. This helps designers comprehend greater number of design options in a given timeframe. Additionally, rising adoption of advanced technologies like 3D printing and AI across industries is fueling demand for generative design software. However, high upfront costs of implementing generative design solutions and lack of skilled professionals remain key challenges. Nevertheless, growing R&D investments in design and engineering departments open new opportunities.

Key features of the study:

This report provides in-depth analysis of the global generative design market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global generative design market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Adobe Inc., Altair Engineering Inc., ANSYS Inc., Autodesk Inc., Bentley Systems Inc., Dassault Systemes, Desktop Metal Inc., ESI Group, Google LLC, IBM Corporation, Microsoft Corporation, MSC Software, NVIDIA Corporation, Paramatters, and Siemens AG

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global generative design market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global generative design market.

Detailed Segmentation:

By Deployment
- Cloud-based
- On-premises
By Vertical
- Automotive
- Aerospace and Defense
- Architecture and Construction
- Industrial Manufacturing
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Adobe Inc.
- Altair Engineering Inc.
- ANSYS Inc.
- Autodesk Inc.
- Bentley Systems Inc.
- Dassault Systemes
- Desktop Metal Inc.
- ESI Group
- Google LLC
- IBM Corporation
- Microsoft Corporation
- MSC Software
- NVIDIA Corporation
- Paramatters
- Siemens AG

Product Code: CMI5141

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Deployment
- Market Snippet, By Vertical
- Market Snippet, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Generative Design Market, By Deployment, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Cloud-based
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
On-premises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

5. Global Generative Design Market, By Vertical, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Aerospace and Defense
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Architecture and Construction
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Industrial Manufacturing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

6. Global Generative Design Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
North America
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - U.K.
  - Germany
  - France
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - South Africa
  - GCC Countries
  - Rest of the Middle East & Africa

7. Competitive Landscape

Company Profiles
- Adobe Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Altair Engineering Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ANSYS Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Autodesk Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Bentley Systems Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Dassault Systemes
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Desktop Metal Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ESI Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Google LLC
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- IBM Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Microsoft Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- MSC Software
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- NVIDIA Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Paramatters
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Siemens AG
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

8. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. Reference and Research Methodology

References
Research Methodology
About us and Sales Contact