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Global Simulation Software Market Size study, by Component (Software, Service), by Deployment (On-Premises, Cloud), by End-Use Industry (Automotive, Aerospace & Defense, Electrical & Electronics, Industrial Manufacturing, Healthcare, Others) and Regional Forecasts 2020-2027

  • BIZ4302307
  • 200 Pages
  • April 2021
  • ICT & Media
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Global Simulation Software Market is valued approximately at USD 8.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 17.1% over the forecast period 2020-2027. Simulation software is a program that enables companies to create a dummy process and perform an operation devoid of actually executing it. It often enables scrutiny the same or modified system with distinct inputs, tracking, and analyzing responses. Simulation software is extensively used to develop equipment, so that the final product could be similar to the design specifications without being costly in process modification. This software is often adopted by distinct companies to reduce production costs. As such, the simulation software assists in creating error-free output during a production process, which, in turn, prevents the production of defective products. This is relentlessly expanding the adoption of simulation software, thereby driving the market growth around the world. Furthermore, the automotive industry is extensively utilizing simulation software during the production of autonomous vehicles and electric vehicles. Since these software enables them to test the efficiency and effectiveness of the vehicles using actual world circumstances. Thus, the rise in production of autonomous and electric vehicles is acting as a significant factor for expanding the market growth outlook around the world. For instance, the Edison Electric Institute (EEI) valued the global sales of electric vehicles (EVs), which was around 312,000 units in Q1 2018, indicating a surge of 58% from Q1 2017 (197,000 units). Similarly, in 2019, the Bloomberg New Energy Finance (BNEF) report was published and it founds the electric vehicle sale across the globe is expected to reach approximately 54 million by the year 2040. Apart from these factors, growing concern to reduce the production of defective products, along with the significant adoption of simulation across aerospace and defense sector are few other factors responsible for the high CAGR of the market during the forecast period. However, security concerns associated with the simulation software is one of the prime factors limiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global Simulation Software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in demand for simulation software in aerospace and defence sector, and the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in growth of manufacturing sector along with the increasing focus on research and development activities in developing countries, such as China and India, would create lucrative growth prospects for the simulation software market across the Asia-Pacific region.

Major market player included in this report are:

Altair Engineering, Inc.

Autodesk, Inc.

Ansys, Inc.

Bentley Systems, Inc.

Dassault Systèmes SE

MathWorks

Rockwell Automation, Inc.

Simulations Plus, Inc.

ESI Group

GSE Systems, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Software

Service

By Deployment:

On-Premises

Cloud

By End-Use Industry:

Automotive

Aerospace & Defense

Electrical & Electronics

Industrial Manufacturing

Healthcare

Other0073

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Simulation Software Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Simulation Software Market, by Region, 2018-2027 (USD Billion)

1.2.2. Simulation Software Market, by Component, 2018-2027 (USD Billion)

1.2.3. Simulation Software Market, by Deployment, 2018-2027 (USD Billion)

1.2.4. Simulation Software Market, by End-Use Industry, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Simulation Software Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Simulation Software Market Dynamics

3.1. Simulation Software Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Simulation Software Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economic

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Simulation Software Market, by Component

5.1. Market Snapshot

5.2. Global Simulation Software Market by Component, Performance - Potential Analysis

5.3. Global Simulation Software Market Estimates & Forecasts by Component 2017-2027 (USD Billion)

5.4. Simulation Software Market, Sub Segment Analysis

5.4.1. Software

5.4.2. Service

Chapter 6. Global Simulation Software Market, by Deployment

6.1. Market Snapshot

6.2. Global Simulation Software Market by Deployment, Performance - Potential Analysis

6.3. Global Simulation Software Market Estimates & Forecasts by Deployment 2017-2027 (USD Billion)

6.4. Simulation Software Market, Sub Segment Analysis

6.4.1. On-Premises

6.4.2. Cloud

Chapter 7. Global Simulation Software Market, by End-Use Industry

7.1. Market Snapshot

7.2. Global Simulation Software Market by End-Use Industry - Potential Analysis

7.3. Global Simulation Software Market Estimates & Forecasts by End-Use Industry 2017-2027 (USD Billion)

7.4. Simulation Software Market, Sub Segment Analysis

7.4.1. Automotive

7.4.2. Aerospace & Defense

7.4.3. Electrical & Electronics

7.4.4. Industrial Manufacturing

7.4.5. Healthcare

7.4.6. Others

Chapter 8. Global Simulation Software Market, Regional Analysis

8.1. Simulation Software Market, Regional Market Snapshot

8.2. North America Simulation Software Market

8.2.1. U.S. Simulation Software Market

8.2.1.1. Component breakdown estimates & forecasts, 2017-2027

8.2.1.2. Deployment breakdown estimates & forecasts, 2017-2027

8.2.1.3. End-Use Industry breakdown estimates & forecasts, 2017-2027

8.2.2. Canada Simulation Software Market

8.3. Europe Simulation Software Market Snapshot

8.3.1. U.K. Simulation Software Market

8.3.2. Germany Simulation Software Market

8.3.3. France Simulation Software Market

8.3.4. Spain Simulation Software Market

8.3.5. Italy Simulation Software Market

8.3.6. Rest of Europe Simulation Software Market

8.4. Asia-Pacific Simulation Software Market Snapshot

8.4.1. China Simulation Software Market

8.4.2. India Simulation Software Market

8.4.3. Japan Simulation Software Market

8.4.4. Australia Simulation Software Market

8.4.5. South Korea Simulation Software Market

8.4.6. Rest of Asia Pacific Simulation Software Market

8.5. Latin America Simulation Software Market Snapshot

8.5.1. Brazil Simulation Software Market

8.5.2. Mexico Simulation Software Market

8.6. Rest of The World Simulation Software Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Altair Engineering, Inc.

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Autodesk, Inc.

9.2.3. Ansys, Inc.

9.2.4. Bentley Systems, Inc.

9.2.5. Dassault Systèmes SE

9.2.6. MathWorks

9.2.7. Rockwell Automation, Inc.

9.2.8. Simulations Plus, Inc.

9.2.9. ESI Group

9.2.10. GSE Systems, Inc.

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Simulation Software market, report scope

TABLE 2. Global Simulation Software market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Simulation Software market estimates & forecasts by Component 2017-2027 (USD Billion)

TABLE 4. Global Simulation Software market estimates & forecasts by Deployment 2017-2027 (USD Billion)

TABLE 5. Global Simulation Software market estimates & forecasts by End-Use Industry 2017-2027 (USD Billion)

TABLE 6. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Simulation Software market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. Global Simulation Software market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 23. U.S. Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. U.S. Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 25. Canada Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 26. Canada Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. Canada Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 28. UK Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 29. UK Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. UK Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 31. Germany Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 32. Germany Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. Germany Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 34. France Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 35. France Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. France Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 37. Spain Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 38. Spain Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Spain Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 40. Italy Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 41. Italy Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. Italy Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 43. ROE Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 44. ROE Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. ROE Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 46. China Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 47. China Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. China Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 49. India Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 50. India Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. India Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 52. Japan Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 53. Japan Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Japan Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 55. Australia Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 56. Australia Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. Australia Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 58. South Korea Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 59. South Korea Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. South Korea Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 61. ROPAC Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 62. ROPAC Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. ROPAC Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 64. Brazil Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 65. Brazil Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Brazil Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 67. Mexico Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 68. Mexico Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. Mexico Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 70. ROLA Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 71. ROLA Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROLA Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 73. ROW Simulation Software market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 74. ROW Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. ROW Simulation Software market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 76. List of secondary sources, used in the study of global Simulation Software market

TABLE 77. List of primary sources, used in the study of global Simulation Software market

TABLE 78. Years considered for the study

TABLE 79. Exchange rates considered

 
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