Press release
Generative Design Market Emerging Trends, New Innovations and Technology Growth Outlook 2022 to 2026
The Generative Design Market provides a unique tool for evaluating the market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Generative Design Market forecast 2026.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 Generative Design market is highly competitive and consists of a number of major players. Companies like Altair Engineering Inc., Bentley Systems, Inc., Autodesk Inc., ANSYS inc., Desktop Metal Inc., Dassault Systèmes SE, MSC Software Corporation (Hexagon AB), nTopology, Inc., Paramatters, Diabatix, Caracol AM Amongst Others.
Key Developments:
- April 2020- Autodesk Inc. announced to acquire a minority stake in Aurigo Software, a Bengaluru-based venture that provides cloud-based software to plan, build, and maintain capital assets and infrastructure projects. The merger would be able to provide infrastructure project owners with single end-to-end technology platform for design, procurement, and operations of infrastructure.
- August 2020 - Architecture firm Antonio Citterio Patricia Viel has launched ACPVLab, which is a research and development unit that will focus on using generative design to develop bespoke interiors. ACPVLab has developed a "handcrafted" computer script that will allow architects and interior designers to explore thousands of different layout permutations instantly.
- May 2020 - Australian property intelligence platform Archistar, which combines architectural design with artificial intelligence to inform decision-making in property, has closed a USD 6 million Series A funding round led by AirTree to accelerate its international growth and expand its product and engineering team.
Key Market Trends:
Automotive To Hold Significant Share
- The growing trend of lightweight vehicle product has generated demand for generative design technology. In 2019, Volkswagen Group unveiled a vintage VW Microbus, which is retrofitted with several reconceptualized components produced by generative design technology. VW is promoting this vehicle to highlight technologies they believe would be significant to the future of automotive design and manufacturing, particularly concerning electric vehicle production. Autodesk partnered with VWs Innovation and Engineering Center, California (IECC) on this project to maximize its strength while minimizing its weight. The generative design was deployed to produce lighter-weight parts by reducing mass and material use while maintaining high-performance standards and engineering constraints. - Also, in January 2020, Electric vehicle company Arcimoto Inc announced that it is working with XponentialWorks and ParaMatters to design and additively manufacture lightweight components for its Fun Utility Vehicle (FUV). Deploying ParaMatters AI-powered generative design software, several elements are being redesigned in order to generate alternative parts that carry much of the same performance characteristics but at a lighter weight.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/02082593363/generative-design-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=Iris
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: Generative Design Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Frequently asked questions by our customers:
-What are the drivers governing the growth of the market?
-What is the annual growth rate of the Generative Design market?
-What is the impact of Covid-19 on the market?
Finally, Generative Design Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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