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

1. Generative Design Market is expected to grow $275 million by 2023

2. Scope of The Report
By Application
The research report categorizes the Generative Design Market
to forecast the revenues and analyse the trends in each of the following subsegments:
• Product Design & Development
• Cost Optimization
• Others (Learning and Training)
By Deployment Models
• On-premises
• Cloud
And More…
By component
• Software
• Services
• Design & Consulting Services
• Support & Maintenance Services

3. Key Segments
The generative design market study aims at estimating the market size and f
uture growth potential of the market across segments, such as component
(software and services), application, deployment model, industry vertical, an
d region.
By component, the generative design market is segmented into software and
services. Software that automatically produces optimum forms or products an
d buildings are considered in this market.
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.
1
2
3
4
5 With the advent of AI, generative design has gained popularity among engineers and ar
chitects as it provides thousands of design suggestions guided by a number of constrai
nts such as weight, load, cost, and material.
The generative design market size is expected to grow from USD 111 million in 2018 t
o USD 275 million by 2023, at a CAGR of 19.9% during the forecast period.

4. Market Growth Rate
2018 2023
Market Size of
$ 111 million
Market Size of
$ 275 million19.9%
CAGR

5. Key Vendors
• Autodesk (US)
• Altair (US)
• ANSYS (US)
• MSC Software (US)
• Dassault Systèmes (France)
• And More
Major Players
View Report Here - https://www.marketsandmarkets.com/Market-Reports/
generative-design-market-257517868.html

6. Major Regions
• North America
• Europe
• APAC
• MEA
• Latin America
 North America is expected to lead
the market
It is the most advanced region in
terms of technology adoption &
IT infrastructure.

7. • What are the opportunities in the generative design market?
• What is the competitive landscape in the market?
• What are the emerging technologies impacting the overall market?
• What are the key use cases existing in the market?
• What are the key trends and dynamics existing in the market?
Key Questions Addressed by the Report:

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