Generative Design Market Global Size, Trends and Business Outlook Till 2026

The Global Generative Design Market Research Report 2021-2026 offers an in-depth evaluation of each crucial aspect of the Global Generative Design industry that relates to market size, share, revenue, demand, sales volume, and development in the market. The report analyzes the Generative Design market over the values, historical pricing structure, and volume trends that make it easy to predict growth momentum and precisely estimate forthcoming opportunities in the Generative Design Market. The report explores the current outlook in global and key regions (North America, Europe, Asia-Pacific, and Latin America) from the perspective of players, countries (U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc.), product types, and end industries.

The Generative Design Market is expected to register a CAGR of greater than 15% during the forecast period (2021 - 2026).

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The major companies covered in this report are Autodesk Inc., Dassault Systems SE, and Desktop Metal Inc.

Key Market Trends:
Europe to Witness Significant Growth Rate
- The European automotive sector has risen to a significant position in the global industry. It has achieved record sales, and as a significant employer and a source of considerable grantmaking, it is an integral part of European society.?
- With the presence of several global automotive OEMs, Europe has the broad-scale implementation of 3D printing technology for design formulation and R&D applications in the automotive industry. Top automotive leaders, such as Mercedes, Audi, BMW, Jaguar, Land Rover, Volkswagen, and many others, have produced a potential space for 3D technology and printers in the European market. BMW Group has been deploying 3D printing technology over the past 25 years for designing various auto parts, and in 2018, it printed approximately 200,000 3D components, which was 42% higher as compared to the previous years.
- In April 2019, AUDI AG, a German automaker, has implemented polymer-based 3D printing technology for its production line at the Bollinger Hofe plant, Germany. Such instances of adoption are high, owing to the enhanced capabilities of manufacturers and lessened dependency on the supply chain for critical components that may result in a breakdown. According to Sculpteo, a 3D printing company, the highest priorities for Europeans using 3D printing are stimulating product development and offering customized products and limited series.
- Moreover, the region is witnessing growth in the sales of electric vehicles. Electric vehicle sales are rising in Europe as diesel vehicle sales continue a downward trend. Nearly 200,000 all-electric vehicles were sold in European Union from January to the end of September 2019, with 73,000 of those sold in the third quarter compared to just 32,000 in the same period the previous year. The increase in BEV registrations was most noticeable in Scandinavian countries such as Denmark, which saw a quadrupling of BEV sales, and Sweden and Finland, which saw a tripling followed by Poland, Belgium, and Greece.? The further modifications in the electric vehicles, such as increasing the battery time, reducing the weight of the vehicle, would demand generative design software.

Influence of the Generative Design Market report:
–Comprehensive assessment of all opportunities and risks in the Generative Design Market.
–Generative Design Market recent innovations and major events.
–A detailed study of business strategies for the growth of the Generative Design Market market-leading players.
–Conclusive study about the growth plot of Generative Design Market for forthcoming years.
–In-depth understanding of Generative Design Market, market-particular drivers, constraints, and major micro markets.
–Favorable impression inside vital technological and market latest trends striking the Generative Design Market.

To Understand How Covid-19 Impact Is Covered in This Report –
https://www.marketinsightsreports.com/reports/02082593363/generative-design-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=A19

The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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