According to a new market research report "Generative Design Market by Application (Product Design & Development and Cost Optimization), Component, Deployment Model, Industry Vertical (Automotive, Aerospace & Defense, Industrial Manufacturing), and Region - Global Forecast to 2023" Published by MarketsandMarkets™, the generative design market size is expected to grow from USD 111 million in 2018 to USD 275 million by 2023, at a CAGR of 19.9% during the forecast period.
The key factors driving the generative design market include the rising need for advanced design software to drive product innovation, the growing demand for environment-friendly architecture, and enhanced production efficiency.
Browse 56 market data Tables and 28 Figures spread through 105 Pages and in-depth TOC on "Generative Design Global Forecast to 2023"
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The generative design market comprises major solution providers, such as Autodesk (US), Altair (US), ANSYS (US), MSC Software (US), Dassault Systèmes (France), ESI Group (France), Bentley Systems (US), Desktop Metal (US), nTopology (US), and Paramatters (US). The study includes an in-depth competitive analysis of these key players in the generative design market with their company profiles, recent developments, and key market strategies.
By application, the cost optimization segment is expected to grow at the highest CAGR during the forecast period. Generative design is one such approach that enables designers to optimize fairly large and complex product designs, based on parameters such as material, energy, and time wastage. Hence, developing robust and efficient optimization algorithms to deal with resource wastage has been one of the major focus areas of industries.
By component, the generative design market is segmented into software and services. The use of generative design software for designing of building plans and large construction projects layouts is expected to fuel demand for services (design & consulting services and support & maintenance services) from the building, architecture, and construction industries.
The automotive industry has always been at the forefront of adopting technologies for their product design and development. With rapid manufacturing advancements in the industry, the generative design has gained a prominent place in achieving cost and production efficiency. Its use has increased to test and analyze designs of products in a virtual environment. Generative design software assists design engineers to reduce product design time, cost, and weight and improves the overall efficiency for automotive manufacturing companies.
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North America is expected to lead the market for generative design during the forecast period. It is the most advanced region in terms of technology adoption and IT infrastructure. The presence of key vendors of generative design vendors, as well as the widespread awareness about these solutions, are factors expected to drive the market during the forecast period.
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The report "Generative Design Market by Application (Product Design & Development and Cost Optimization), Component, Deployment Model, Industry Vertical (Automotive, Aerospace & Defense, Industrial Manufacturing), and Region - Global Forecast to 2023", The generative design market size is expected to grow from USD 111 million in 2018 to USD 275 million by 2023, at a CAGR of 19.9% during the forecast period.
The key factors driving the generative design market include the rising need for advanced design software to drive product innovation, the growing demand for environment-friendly architecture, and enhanced production efficiency.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257517868The cost optimization segment is expected to grow at the highest CAGR during the forecast period.By application, the cost optimization segment is expected to grow at the highest CAGR during the forecast period.
Generative design is one such approach that enables designers to optimize fairly large and complex product designs, based on parameters such as material, energy, and time wastage.
Hence, developing robust and efficient optimization algorithms to deal with resource wastage has been one of the major focus areas of industries.The services segment is expected to grow at a higher CAGR during the forecast periodBy component, the generative design market is segmented into software and services.
The use of generative design software for designing of building plans and large construction projects layouts is expected to fuel demand for services (design & consulting services and support & maintenance services) from the building, architecture, and construction industries.Automotive vertical is expected to maintain the leading position in terms of revenue generation during the forecast periodThe automotive industry has always been at the forefront of adopting technologies for their product design and development.
With rapid manufacturing advancements in the industry, the generative design has gained a prominent place in achieving cost and production efficiency.
It stands among the top 20 global medical devices market.Market segment insights:The diagnostic imaging segment is considered to be the largest, owing to its ability to facilitate accurate detection of diseases.
Such participation from the public and private enterprises have resulted in the growth of the healthcare sector, thereby leading the medical devices market in India to prosper.The Indian government has allowed 100% foreign direct investment (FDI) in the medical devices industry.
Inflow of FDI is expected to spur research and development (R) activities and manufacturing innovations, which in turn can help in driving the growth of the medical devices market in India.
Excessive dependency on import of high-tech devices from the developed countries is hindering the growth of the domestic medical devices' manufacturers in India.Companies covered:Centenial Surgical Suture Ltd.Opto Circuits (India) Ltd.Poly Medicure Ltd.B.
Ltd.Philips India Ltd.Baxter International Inc.Becton, Dickinson and CompanyGE Healthcare Ltd.Medtronic, Inc.Siemens Healthineers, Inc.To Browse Full Research Report @: https://www.radiantinsights.com/research/medical-device-market-in-india-2018-2023Table of ContentsChapter 1: Executive summaryChapter 2: Socio-economic indicatorsChapter 3: Introduction3.1.
Medical devices market - definition3.2.
The Global Denim Market is projected to garner USD 128,643.1 million during the forecast period (2018-2023).
Evolved from the demand of American gold-miners in order to withstand the work stress, has gained huge acceptance especially among the youth population.
Today denim is a fashionable and important item in every wardrobe and has become one of the most lucrative businesses across the globe.Denim market has gained huge acceptance in the fashion industry across the globe.
The growth of e-commerce and organized retail sector has further contributed to the growth of the market.
With the growth of several retail chains such as specialty stores, supermarkets, and hypermarkets, the denim market is anticipated to flourish during the estimated period.
Additionally, with the growing number of shopping malls and availability of denim products through e-commerce have further increased the sales of the market across the globe.Request a FREE Sample Copy @ https://www.marketresearchfuture.com/sample_request/7135Segmental AnalysisThe global denim market has been segmented on the basis of type, consumer group, distribution channel, and region.By mode of type, the global denim market has been segmented into loose fit, slim fit, and others.
