CIVIL ENGINEERING DESIGN SOFTWARE MARKET REPORT OVERVIEW
-
Request a Free Sample to learn more about this report
The global civil engineering design software market size is expected to be USD 1.84621 billion in 2022. The global COVID-19 pandemic has been unprecedented and staggering, with civil engineering design software experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is projected to touch USD 2.83001 billion by 2028, exhibiting a CAGR of 7.38% during the forecast period. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Civil engineers may create and draft complicated building and structural designs using software for civil engineering. The development of conceptual designs, the layout of products, and the study of buildings and structures are the major applications of this instrument. The market for civil engineering design software will rise over the projected period as a result of the growing demand for software.
COVID-19 Impact: Closure of Multiple Construction Sites to Hinder the Market
Due to the global cessation of multiple construction sites' operations, the COVID-19 pandemic outbreak resulted in a little deterioration in market growth. Due to the pandemic, a number of building and interior design firms have begun offering virtual tours of the areas for which their clients are searching for a design. This promotes the expansion of the civil engineering design software market and gives stakeholders and investors in building endeavors a clear understanding of the project for their interests.
LATEST TRENDS
"Expansion of Infrastructure Projects to Boost the Market"
The demand for modeling and mapping tools is expanding as a result of the expansion of infrastructure projects including railroads, roads, and highways. The market for civil engineering design software therefore booms as a result of this. Software for designing civil engineering projects can help engineers decide on elements like cost and schedule. increasing demand for the software used in civil engineering design, which drives the market's expansion. In the next years, it is anticipated that the expansion of the civil engineering design software market will be driven by expanding smart city initiatives and rising building projects around the globe.
CIVIL ENGINEERING DESIGN SOFTWARE MARKET SEGMENTATION
-
Request a Free Sample to learn more about this report
- By Type Analysis
By type, market is segmented into on- premise and cloud based. The on- premise segment will dominate the market in the coming years.
- By Application Analysis
Based on applications, the market is classified into roads and highways, rail, airports, bridges and tunnels, water / wastewater, site design or land development and others. The roads & highways segment will lead the global share through 2028.
DRIVING FACTORS
"Inclusion of Cutting- Edge Technologies to Impel the Market Demands"
The need for civil engineering design software is anticipated to be supported by the advent of cutting-edge technologies in the building and design sectors, such as augmented reality (AR), virtual reality (VR), drones, communication tools, and business information modeling. The combination of these technologies makes it possible to see elevations and dips at building sites prior to the start of projects, which improves the safety of workers there.
Additionally, by promoting health and safety in the construction industry, these technologies encourage office workers to adhere to social distance standards. On the other hand, the increase of remote working trends has made it easier for many engineers and architects to use the current construction software for the advancement of their building models.
"Expanding Infrastructure and Rising Need for Superior Interior Decoration to Propel the Market"
It is anticipated that the market would rise at a faster rate due to the expanding infrastructure and the rising need for superior interior decoration. The number of rebuilding and remodeling projects is reduced since it enables architects to take preventative action. Aside from that, the use of VR apps in interior design solutions enables visuals to become more realistic and render quickly thanks to the introduction of 5G and the growing computing power of devices. By minimizing the need for paperwork and other administrative tasks, it aids civil engineering design software in enhancing productivity gains, allowing firms to cut back on interior design-related expenses. Architects may also create a thorough floor plan using the civil engineering design software, which includes precise measurements for all the walls, cabinets, windows, floors, doors, and furniture.
RESTRAINING FACTORS
"Rivalry and Rapid Technological Advancements to Hamper the Market"
The producers encounter a variety of difficulties because of the increased rivalry and rapid technological advancement. Additionally, rivals may provide comparable goods at a cheaper cost, which is a differentiating feature, which would hurt sales since customers would want a product with a lower cost. Additionally, designers are under pressure from all sides since they must work in an unproductive atmosphere while yet producing goods more quickly and without sacrificing quality.
CIVIL ENGINEERING DESIGN SOFTWARE MARKET REGIONAL INSIGHTS
-
Request a Free Sample to learn more about this report
"North America to Hold the Largest Global Civil Engineering Design Software Market Share"
The civil engineering design software market in North America was controlled by this region and made up a sizeable portion of the market. The widespread use of BIM by engineers, designers, architects, and builders, as well as the infrastructure domain's digital technologies, may be credited with the region's success. Additionally, the market in the area benefits from governments' role in pushing technology usage for improved building projects. In order to achieve a 100% clean energy economy and net-zero emissions, for example, the U.S. government announced an investment package in June 2021 that would focus on transportation infrastructure and clean energy. This investment package would be used over the course of the following eight years. As a result of this endeavor, it is anticipated that demand for civil engineering design software in the area would rise.
Because of the increasing use of civil engineering design software in the construction industry, the growing emphasis on smart manufacturing, and the expanding need for quick production of goods, Asia Pacific is expected to become the area with the quickest growth. Due to the growing building activity in Southeast Asian nations, Japan, China, India, and other countries in the area, there is also a significant market for construction and design software in the region. For instance, the construction equipment business brought in money in 2020, according to Invest India, the National Investment Promotion and Facilitation Agency of the government of India.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
List of Market Players Profiled
- Sky Civ (Australia)
- Civil GEO (U.S.)
- Esri (U.S.)
- Transoft Solutions (Canada)
- Carlson (U.S.)
- Softree Technical Systems Inc (Canada)
- Site3D (UK.)
- Autodesk (U.S.)
- Bentley (UK.)
- Civil Designer (South Africa)
- Trimble Inc. (U.S.)
- Symetri (UK.)
REPORT COVERAGE
The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1.84621 Billion in 2022 |
Market Size Value By |
US$ 2.83001 Billion by 2028 |
Growth Rate |
CAGR of 7.38% from 2022 to 2028 |
Forecast Period |
2022-2028 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
What value is the civil engineering design software market expected to touch by 2028?
Over the research period, civil engineering design software market will be reaching USD 2.83001 billion in 2028.
-
What CAGR is the civil engineering design software market expected to exhibit by 2028?
The civil engineering design software market is expected to exhibit a CAGR of 7.38% by 2028.
-
Which are the driving factors of the civil engineering design software market?
Inclusion of cutting- edge technologies, expanding infrastructure and rising need for superior interior are the driving factors of the civil engineering design software market.
-
Which are the top companies operating in the civil engineering design software market?
Sky Civ, Esri, Carlson and Bentley are the top companies operating the civil engineering design software market.