Generative Design Market Report: Trends, Forecast and Competitive Analysis to 2030

Generative Design Trends and Forecast

The future of the global generative design market looks promising with opportunities in the automotive, aerospace & defense, industrial manufacturing, building, and architecture & construction markets. The global generative design market is expected to reach an estimated $0.38 billion by 2030 with a CAGR of 16.5% from 2024 to 2030. The major drivers for this market are growing demand for complex designed products and increasing preference for ai powered modelling.

A more than 150-page report is developed to help in your business decisions.

Generative Design by Segment

The study includes a forecast for the global generative design by component, deployment, application, end use, and region.

Generative Design Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Software
• Services

Generative Design Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:

• Cloud
• On Premises

Generative Design Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Product Design & Development
• Cost Optimization
• Others

Generative Design Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Aerospace & Defense
• Industrial Manufacturing
• Building
• Architecture & Construction
• Others (Healthcare, Consumer Goods, and Oil & Gas)

Generative Design Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Generative Design Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies generative design companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the generative design companies profiled in this report include-

• Autodesk
• Altair
• ANSYS
• MSC Software
• ESI
• Bentley Systems
• nTopology

Generative Design Market Insights

Lucintel forecasts that product design & development will remain the largest segment due to significant use of generative designing software among designers and engineers for obatining multiple design recommendations that are informed by several limitations, including weight, load, cost, and material.

North America is expected to witness highest growth over the forecast period due to increasing adoption of generative design by businesses in a variety of industries in the region.

Features of the Global Generative Design Market

Market Size Estimates: Generative design market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Generative design market size by various segments, such as by component, deployment, application, end use, and region in terms of value ($B).

Regional Analysis: Generative design market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, deployments, applications, end uses, and regions for the generative design market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the generative design market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the generative design market size?

Answer: The global generative design market is expected to reach an estimated $0.38 billion by 2030.

Q.2 What is the growth forecast for generative design market?

Answer: The global generative design market is expected to grow with a CAGR of 16.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the generative design market?

Answer: The major drivers for this market are growing demand for complex designed products and increasing preference for ai powered modelling.

Q4. What are the major segments for generative design market?

Answer: The future of the generative design market looks promising with opportunities in the automotive, aerospace & defense, industrial manufacturing, building, and architecture & construction

markets.

Q5. Who are the key generative design market companies?

Answer: Some of the key generative design companies are as follows:

• Autodesk
• Altair
• ANSYS
• MSC Software
• ESI
• Bentley Systems
• nTopology

Q6. Which generative design market segment will be the largest in future?

Answer: Lucintel forecasts that product design & development will remain the largest segment due to significant use of generative designing software among designers and engineers for obatining multiple design recommendations that are informed by several limitations, including weight, load, cost, and material.

Q7. In generative design market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to increasing adoption of generative design by businesses in a variety of industries in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the generative design market by component (software and services), deployment (cloud and on premises), application (product design & development, cost optimization, and others), end use (automotive, aerospace & defense, industrial manufacturing, building, architecture & construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?