Press release
Generative Design Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Generative Design
What Is the Expected Generative Design Market Size During the Forecast Period?
Over the recent years, the size of the generative design market has seen a quick expansion. It is set to increase from $3.78 billion in 2024 to $4.51 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 19.2%. The historic growth of this market is credited to factors such as higher usage of generative design across different industries, a surge in the need for lightweight and high-performance structures in multiple sectors, an elevated emphasis on sustainability and environmental issues, as well as an increase in regulatory approval and compliance with standards.
In the coming years, the generative design market size is anticipated to witness rapid expansion, ballooning to $9 billion in 2029 with a compound annual growth rate (CAGR) of 18.9%. This projected growth within the forecast period could be due to an increasing focus on product performance and optimization, ingress into new industry sectors, the speeding up of digital transformation across various industries, and the need for tailored, personalized products. Notable trends for the forecast period encompass the inclusion of artificial intelligence (AI) and machine learning (ML) algorithms, the adoption of cloud-based generative design platforms, hybrid design methodologies, the amalgamation of generative design with additive manufacturing technologies, and the widespread accessibility of generative design tools.
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What Are the High-Growth Segments in the Generative Design Market?
The generative design market covered in this report is segmented -
1) By Software Solutions: Topology Optimization, Parametric Design Tools, Simulation And Analysis, Algorithmic Design Platforms
2) By Deployment Models: On-Premises, Cloud-Based
3) By Services: Consulting And Training, Implementation And Integration
4) By Industry: Automotive, Aerospace And Defense, Architecture And Construction, Industrial Manufacturing, Other Industries
Subsegments:
1) By Topology Optimization: Structural Design Optimization, Lightweight Design, Material Usage Optimization
2) By Parametric Design Tools: Shape And Form Customization, Geometry-Based Design, Performance-Driven Design Parameters
3) By Simulation And Analysis: Stress And Strain Testing, Fluid Dynamics And Thermal Analysis, Structural Integrity And Performance Simulation
4) By Algorithmic Design Platforms: Algorithmic Pattern Generation, Design Space Exploration, Evolutionary Design And Optimization
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What Key Drivers Are Expected to Influence Future Generative Design Market Growth?
The expansion of the generative design market is anticipated to be driven by an increase in the sales of commercial vehicles. Commercial vehicles, which are motorized vehicles primarily utilized for transporting goods or passengers or providing services for commercial returns, are experiencing soaring sales. The boost in sales can be tied to rising consumer demand, the growth of the electric vehicle industry, and advantageous financing possibilities, which in turn are stimulating the call for innovative engineering strategies. Generative design enhances the structural soundness and efficiency of commercial vehicles, lowering their weight and fuel usage while improving their performance and safety. For instance, the U.S. Energy Information Administration reported in August 2024 that the sales of new light-duty vehicles (LDVs) running on alternative fuel types have increased. Wards Intelligence research reveals that alternative fuel LDV sales grew from 17.8% of total LDV sales in the first quarter of 2024 to 18.7% in the second quarter. Similarly, there was a 30.7% year-on-year rise in hybrid electric vehicle (HEV) sales, which comprised 8.6% of the light-duty market in the first quarter and 9.6% in the second quarter. Plug-in hybrid electric vehicles also saw a slight sales increase, making up 1.7% to 2.0% of the overall market. Consequently, the escalating sales of commercial vehicles are invigorating the growth of the generative design market.
Which Companies Hold the Largest Share Across Different Generative Design Market Segments?
Major companies operating in the generative design market report are Dassault Systèmes SE; Hexagon AB; Synopsys Inc.; Autodesk Inc.; Cadence Design Systems Inc.; ANSYS Inc.; Parametric Technology Corporation; The MathWorks Inc.; Bentley Systems Inc.; Altair Engineering Inc.; Materialise NV; MSC Software Corporation; Desktop Metal Inc.; ESI Group; CoreTech System Co. Ltd.; Innovyze Inc.; SoftInWay Inc.; ESTECO SpA; Concepts NREC; HBM nCode; Volume Graphics GmbH; Opticore AB; SimScale GmbH; Onshape Inc.; Caracol AM; nTopology Inc.; Diabatix; Granta Design Limited; Lattice Technology Inc.
What Trends Are Driving Growth in The Generative Design Market?
Key players in the generative design market are increasingly focusing on the creation of revolutionary technical solutions, such as generative elements powered by Artificial Intelligence, to establish a competitive market advantage. The term "generative AI-featured elements" pertains to the use of AI in the generative design process to improve both its functionality and performance. This technology enables generative design software to utilize sophisticated AI algorithms and machine learning to autonomously create, assess, and refine design solutions. For instance, a US-based company called Evolv AI launched a series of beta-accessible generative AI features in May 2023. The ground-breaking feature they first launched was a description-to-design element. This allowed companies to make immediate visual web page modifications from simple text descriptions in Evolv AI's web editor. This revolutionary innovation utilized generative AI, powered by machine learning, to autonomously produce varying designs based on text descriptions; it allowed businesses to immediately visualize web page changes from text descriptions, revolutionizing both personalization and experimentation.
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What Are the Emerging Geographies for The Generative Design Market Growth?
North America was the largest region in the generative design market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative design market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Generative Design Market?
2. What is the CAGR expected in the Generative Design Market?
3. What Are the Key Innovations Transforming the Generative Design Industry?
4. Which Region Is Leading the Generative Design Market?
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