Reverse Engineering is the process of copying or extracting the digital shape of physical objects that may have insufficient design documentation or that require CAD data for modern manufacturing and recreation of product/part.
The scanning process allows a component to be quickly and accurately reverse engineered.
Product manufacturers widely use reverse engineering services to create new products or duplicate the existing product in the market.
Automobile and OEM firms also refer to reverse engineering services to recreate existing part/product design based on the existing ones.
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Read more here the importance of Reverse Engineering services for the manufacturing and industrial product development procedure. Engineers and drafter can analyze the product via SolidWorks for machinery, how they are made and how does it work? Also, with the ability to quickly re-create obsolete parts, manufacturers are not required to rely on third-parties and affect the manufacturing cycle.
Market Scenario:The global software engineering market has been witnessing a steady growth over the last few years owing to increasing demand for automation and massive penetration of building information modelling.Technology giants such as Autodesk, Inc.(U.S.), Bentley Systems, Inc. (U.S.), Dassault Systemes S.A (France), Siemens PLM Software, Inc.(U.S.), SAP SE (Germany), PTC, Inc.(U.S.), Ansys, Inc. (U.S.), MSC Software Corporation.
They offer specialize service in 3D design software and technology, digital prototyping, sustainable design software, media & entertainment, consumer software, PLM, cloud, and mobile application.Computer aided designing is basically a computer software used to facilitate the generation, modification and optimization of a part or a device.
It helps in providing high precision and more accuracy in designs and proper documentation for project management.
There are various vendors who provide CAD software which allows simple and accurate automation.
These applications help in automating the business operations and provide systematic, disciplined, quantifiable approach to development, operation and maintenance of software.
By end-user segment the market is segmented into Aerospace & Defense, Automotive, Banking, IT & Telecommunication, Oil & Gas, Healthcare and others.Key PlayersSome of the prominent players in the global Software Engineering Market : Autodesk, Inc.(U.S.), Bentley Systems, Inc. (U.S.), Dassault Systemes S.A (France), Siemens PLM Software, Inc.(U.S.), SAP SE (Germany), PTC, Inc.(U.S.), Ansys, Inc. (U.S.), MSC Software Corporation, Carlson Software Inc. (U.S.) and Geometric Ltd. (India).Key FindingsBy Software Type: Computer-Aided Designing (CAD) is dominating the market of Software Engineering by software type and has reached USD 5,758.65 Million in the year 2017 and is also expected to grow at a fastest CAGR of 13.28%.By Application: Automation Design is dominating the market of Software Engineering by application and has reached USD 6,076.05 Million in the year 2017.