Product Code: GVR-4-68040-122-3
Engineering Software Market Growth & Trends:
The global engineering software market size is expected to reach USD 125.45 billion by 2030, registering a CAGR of 20.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth of the market for engineering software is driven by increasing demand for advanced tools to enhance productivity, automation, and digitization across various industries. These technological advancements have created a number of engineering software with heightened capabilities, offering increased power and versatility.
The robust growth of the engineering software industry is fueled by several factors, including the need for manufacturers to cut product development expenses and accelerate timelines. Outsourcing engineering tasks and adopting computer-aided simulations for testing further contribute to the market's expansion. Industries globally acknowledge the value of advanced engineering software, automation, and digitization, enhancing operational efficiency and precision. Integrating these solutions reduces errors, optimizes resource utilization, and saves costs across the product lifecycle.
Technological advancements, such as AI-driven design optimization, propel market growth by attracting new users and facilitating innovative solutions. As companies seek efficiency and innovation, engineering software is poised to reshape product development processes and drive cross-industry collaboration. Moreover, as industries like aerospace, automotive, and architecture progress, design intricacy has notably escalated. This evolution has translated into more intricate engineering projects, necessitating the application of sophisticated software tools capable of effectively managing and analyzing substantial datasets.
Engineering software empowers engineers to simulate and model intricate systems virtually, perform virtual tests, and scrutinize data for informed decision-making. As engineering projects become more complex, the anticipated growth in demand aligns with the need for advanced software solutions. A surge in construction activities in developing countries such as China, India, South Africa, Brazil, and South Korea, driven by urbanization and infrastructure development, is a significant catalyst for the market growth for engineering software. For instance, as per data provided by India's National Investment Promotion & Facilitation Agency, the country's construction sector is expected to reach a market valuation of USD 1.4 trillion by 2025.
Additionally, escalating demand for energy-efficient buildings and the adoption of rapid construction techniques are instrumental factors driving the expansion of the engineering software segment within the construction sector. Engineering software is essential in creating designs that adhere to sustainable and energy-efficient principles, meeting the growing need for environment-conscious structures. Additionally, as construction timelines shorten with the integration of rapid construction methods, engineering software aids in managing complex projects, optimizing designs for efficiency, and ensuring seamless collaboration among stakeholders. This synergy between engineering software, sustainable construction practices, and swift construction methodologies contributes significantly to market growth.
The market is competitive and is populated with several key players. Prominent companies are adopting strategies such as partnerships and collaborations to gain a competitive edge. For instance, in February 2023, Ansys, Inc. strengthened its strategic partnership with Microsoft to expedite virtual product design by providing wider cloud-based access to Ansys Inc.'s simulation solutions and computer-aided engineering (CAE) tools. Building upon this collaboration, the company is working on an offering to empower customers to launch Ansys products using Microsoft Azure enrollment while also facilitating smoother integration with third-party tools.
Engineering Software Market Report Highlights:
- Based on deployment, the market is segmented into cloud and on-premises. The on-premise segment dominated the market with a revenue share of 53.3% in 2024.
- The software segment dominated the market in 2024, driven by the increasing recognition of the advantages of digital solutions in manufacturing, offering streamlined operations, efficient resource management, improved decision-making through data analytics, enhanced planning, and increased productivity and profitability
- North America dominated the market for engineering software, accounting for a revenue share of 34.2% in 2024, owing to significant investments in research and development (R&D) and the presence of a diverse and robust industrial base in the region, including in sectors such as aerospace, automotive, energy, and electronics
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Engineering Software Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Deployment Challenge
- 3.3. Engineering Software Market Analysis Tools
- 3.3.1. Deployment Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Engineering Software Market Component Outlook
- 4.1. Engineering Software Market, By Component Analysis & Market Share, 2022 & 2030
- 4.2. Software
- 4.2.1. Software market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.1. Computer-Aided Design (CAD) Software
- 4.2.1.1.1. Computer-aided manufacturing (CAM) software market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.2. Computer-Aided Design (CAD) Software
- 4.2.1.2.1. Computer-aided design (CAD) software market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.3. Computer-Aided Engineering (CAE) Software
- 4.2.1.3.1. Computer-aided engineering (CAE) software market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.4. Others
- 4.2.1.4.1. Others market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3. Services
- 4.3.1. Services market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.1.1. Development Service
- 4.3.1.1.1. Development service market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.1.2. Training, Support & Maintenance
- 4.3.1.2.1. Training, support & maintenance market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5. Engineering Software Market Deployment Outlook
- 5.1. Engineering Software Market, By Deployment Analysis & Market Share, 2022 & 2030
- 5.2. Cloud
- 5.2.1. Cloud market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.3. On-Premises
- 5.3.1. On-premises market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6. Engineering Software Market Application Outlook
- 6.1. Engineering Software Market, By Application & Market Share, 2022 & 2030
- 6.2. Design Automation
- 6.2.1. Design automation market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.3. Product Design & Testing
- 6.3.1. Product design & testing market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.4. Plant Design
- 6.4.1. Plant design market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.5. Drafting & 3D Modelling
- 6.5.1. Drafting & 3D modelling market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Others market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 7. Engineering Software Market End Use Outlook
- 7.1. Engineering Software Market, By End Use Analysis & Market Share, 2022 & 2030
- 7.2. Automotive
- 7.2.1. Automotive market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3. Aerospace & Defense
- 7.3.1. Aerospace & defense market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4. Electronics
- 7.4.1. Electronics market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5. Medical Devices
- 7.5.1. Medical devices market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.6. Architecture, Engineering and Construction (AEC)
- 7.6.1. Architecture, engineering and construction (AEC) market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.7. Others
- 7.7.1. Others market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 8. Engineering Software Market: Regional Estimates & Trend Analysis
- 8.1. Engineering Software Market Share, By Region, 2024 & 2030, USD Million
- 8.2. North America
- 8.2.1. North America Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.4. Australia
- 8.4.4.1. Australia Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. UAE Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.3. Kingdom of Saudi Arabia (KSA)
- 8.6.3.1. Kingdom of Saudi Arabia (KSA) Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa Engineering Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. ANSYS, Inc
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Autodesk Inc.
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Bentley Systems, Incorporated
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Dassault Systemes
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. ESI Group
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Siemens
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. 3D Systems Inc.
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. PTC
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Mastercam
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Hexagon AB
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives
- 9.4.11. ZWSOFT CO., LTD.
- 9.4.11.1. Participant's Overview
- 9.4.11.2. Financial Performance
- 9.4.11.3. Product Benchmarking
- 9.4.11.4. Strategic Initiatives