NEW YORK, March 21, 2022 /PRNewswire/ — The global generative design market size is expected to increase by USD 175.30 million between 2021 and 2026, expanding at a CAGR of 17.21% during the forecast period. The report offers a detailed analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

Know more about the report coverage. Download a Free Sample Report Now!

Generative Design Market: Availability of trial or free version of generative design to drive growth

Many enterprises, especially SMEs prefer adopting solutions that are available at lower cost. Some choose to opt for trial or free versions before investing. To capture the interest of such enterprises, vendors are launching trial or free versions of their generative design solutions. For instance, nTopology offers a free version of its Element software for Windows. It provides the access to create optimal, interlaced lattice structures to their advanced design tools. The trial version also offers a full set of lattice design tools that enable enterprises to create sets and experiment with complex structures quickly and efficiently. The availability of such free versions is attracting more enterprises to try the solution and make the purchase. All these factors are positively influencing the growth of the market in focus.

Know about other key drivers in the market. Download a Free Sample Report

As per Technavio, the use of artificial intelligence with generative design will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2022-2026.

Generative Design Market: Use of artificial intelligence with generative design

Vendors in the market are focusing on incorporating artificial intelligence (AI) with generative design solutions. For instance, in 2018, Autodesk collaborated with NASA Jet Propulsion Laboratory to create an AI-enabled innovative lander design solution to explore distant moons like Europa and Enceladus. The solution helped the engineers at NASA Jet Propulsion Laboratory to generate a concept for a project by inputting a set of parameters that the software must adhere to. The demand for generative design solutions backed with AI technology is also increasing across industries such as construction and automotive and the trend is expected to have a positive impact on the growth of the market during the forecast period.

The integration of 3D printing with generative design and the increasing popularity of cloud-based generative design solutions will further accelerate the growth of the global generative design market.

Identify other factors impacting the growth of the market. Request a Free Sample Report

Generative Design Market: Segmentation Analysis

This market research report segments the generative design market by component (software and service) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

The North American region led the generative design market in 2021, followed by Europe, APAC, South America, and the Middle East and Africa respectively. During the forecast period, North America is expected to register the highest incremental growth due to the increasing demand for generative design from industries such as aerospace, automotive, and manufacturing.

Technavio’s sample reports are free of charge and Gain competitive intelligence about market players. Track key industry trends, opportunities, and threats. Inform your marketing, brand, strategy, and market development.
Request a free sample report to know more

Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

Related Reports:

Construction Management Software Market by Deployment, End-user, and Geography Forecast and Analysis 2022-2026

Computer-Aided Design Market by End-user and Geography Forecast and Analysis 2022-2026

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis – Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Component

• 5.1 Market segments
• Exhibit 24: Chart on Component – Market share 2021-2026 (%)
• Exhibit 25: Data Table on Component – Market share 2021-2026 (%)

• 5.2 Comparison by Component
• Exhibit 26: Chart on Comparison by Component
• Exhibit 27: Data Table on Comparison by Component

• 5.3 Software – Market size and forecast 2021-2026
• Exhibit 28: Chart on Software – Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Software – Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Software – Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Software – Year-over-year growth 2021-2026 (%)

• 5.4 Service – Market size and forecast 2021-2026
• Exhibit 32: Chart on Service – Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Service – Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Service – Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Service – Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Component
• Exhibit 36: Market opportunity by Component ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America – Market size and forecast 2021-2026
• Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)

• 7.4 Europe – Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)

• 7.5 APAC – Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)

• 7.6 South America – Market size and forecast 2021-2026
• Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa – Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

• 7.8 US – Market size and forecast 2021-2026
• Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)

• 7.9 Germany – Market size and forecast 2021-2026
• Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)

• 7.10 China – Market size and forecast 2021-2026
• Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)

• 7.11 Japan – Market size and forecast 2021-2026
• Exhibit 74: Chart on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Japan – Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Japan – Year-over-year growth 2021-2026 (%)

• 7.12 UK – Market size and forecast 2021-2026
• Exhibit 78: Chart on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK – Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK – Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Altair Engineering Inc.
• Exhibit 89: Altair Engineering Inc. – Overview
• Exhibit 90: Altair Engineering Inc. – Business segments
• Exhibit 91: Altair Engineering Inc. – Key offerings
• Exhibit 92: Altair Engineering Inc. – Segment focus

• 10.4 ANSYS Inc.
• Exhibit 93: ANSYS Inc. – Overview
• Exhibit 94: ANSYS Inc. – Business segments
• Exhibit 95: ANSYS Inc. – Key offerings
• Exhibit 96: ANSYS Inc. – Segment focus

• 10.5 Autodesk Inc.
• Exhibit 97: Autodesk Inc. – Overview
• Exhibit 98: Autodesk Inc. – Business segments
• Exhibit 99: Autodesk Inc. – Key news
• Exhibit 100: Autodesk Inc. – Key offerings
• Exhibit 101: Autodesk Inc. – Segment focus

• 10.6 Bentley Systems Inc.
• Exhibit 102: Bentley Systems Inc. – Overview
• Exhibit 103: Bentley Systems Inc. – Product / Service
• Exhibit 104: Bentley Systems Inc. – Key offerings

• 10.7 Dassault Systemes
• Exhibit 105: Dassault Systemes – Overview
• Exhibit 106: Dassault Systemes – Business segments
• Exhibit 107: Dassault Systemes – Key offerings
• Exhibit 108: Dassault Systemes – Segment focus

• 10.8 Desktop Metal, Inc.
• Exhibit 109: Desktop Metal, Inc. – Overview
• Exhibit 110: Desktop Metal, Inc. – Business segments
• Exhibit 111: Desktop Metal, Inc. – Key news
• Exhibit 112: Desktop Metal, Inc. – Key offerings
• Exhibit 113: Desktop Metal, Inc. – Segment focus

• 10.9 Hexagon Manufacturing Intelligence
• Exhibit 114: Hexagon Manufacturing Intelligence – Overview
• Exhibit 115: Hexagon Manufacturing Intelligence – Product / Service
• Exhibit 116: Hexagon Manufacturing Intelligence – Key offerings

• 10.10 nTopology Inc.
• Exhibit 117: nTopology Inc. – Overview
• Exhibit 118: nTopology Inc. – Product / Service
• Exhibit 119: nTopology Inc. – Key offerings

• 10.11 ParaMatters Inc.
• Exhibit 120: ParaMatters Inc. – Overview
• Exhibit 121: ParaMatters Inc. – Product / Service
• Exhibit 122: ParaMatters Inc. – Key offerings

• 10.12 Siemens AG
• Exhibit 123: Siemens AG – Overview
• Exhibit 124: Siemens AG – Business segments
• Exhibit 125: Siemens AG – Key news
• Exhibit 126: Siemens AG – Key offerings
• Exhibit 127: Siemens AG – Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 128: Inclusions checklist
• Exhibit 129: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 130: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 131: Research methodology
• Exhibit 132: Validation techniques employed for market sizing
• Exhibit 133: Information sources

• 11.5 List of abbreviations
• Exhibit 134: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/usd-175-3-million-growth-expected-in-generative-design-market–availability-of-trial-or-free-versions-to-drive-growth–technavio-301505457.html

SOURCE Technavio