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Global Additive Manufacturing Software Market to reach USD XX billion by the end of 2030.

Global Additive Manufacturing Software Market Size study & Forecast, by Vertical Industry (Automotive, Aerospace, Medical, Construction, Other), by Deployment (Cloud based, On-Premises) and Regional Analysis, 2023-2030

Product Code: ICTEITS-82695459
Publish Date: 13-07-2023
Page: 200

Global Additive Manufacturing Software Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2023-2030. Additive Manufacturing Software refers to a suite of software tools designed to support the entire additive manufacturing process, from design and simulation to print preparation, machine control, and post-processing. These software applications enable users to create complex 3D models, simulate and analyze part behavior, optimize print settings, control and monitor the printing process, and manage materials. They play a crucial role in maximizing the benefits of additive manufacturing, such as design flexibility, cost reduction, faster prototyping, and customization, while ensuring efficiency and quality throughout the workflow. Moreover, the rising 3D printing products and services market and the rising healthcare industry are anticipated to be the growth drivers of this market. Furthermore, rapidly growing industrialization and increasing adoption of advanced technology boast the growth in the market.

According to Statista in 2023, In the Health Care market, the projected revenue is set to reach an estimated value of USD 60.72 billion. the market is expected a robust annual growth rate of 10.95% during the period from 2023 to 2027. This positive growth trajectory is anticipated to drive the market volume to a projected value of USD 92.01 billion by 2027. The increasing demand for healthcare services, advancements in medical technology, and the growing focus on patient care and treatment options are some of the factors contributing in market expansion. According to Statista in 2022, the global market for 3D printing products and services reached a value of approximately USD 12.6 billion in 2020 and is projected to experience a compound annual growth rate of around 17 percent from 2020 to 2023. Aerospace companies have embraced additive manufacturing as early adopters in their industry. The aerospace companies are making investments in additive technology to realize benefits such as weight reduction, structural optimization, space utilization, and decreased part count and joining. Beyond its initial application in rapid prototyping, 3D-printed components are now being utilized in aircraft manufacturing for end-use purposes. However, high initial investment and data security & privacy concerns may hamper the growth of the market during the forecasted period of 2023-2030.

The key regions considered for the Global Additive Manufacturing Software Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the global additive manufacturing software market, driven by technological advancements, a strong industrial base, government support, research and development capabilities, early adoption, and key market players. With a mature market and a wide range of software solutions, North America leads in additive manufacturing technology. On the other hand, the Asia Pacific region is the fastest growing in the market, benefiting from its manufacturing prowess, emerging economies, government backing, strong market potential, investments in research and development, and technological advancements. With countries such as China, Japan, South Korea, and India at the forefront, the region’s demand for additive manufacturing software is rapidly expanding, further fueled by innovation and large market size.

Major market player included in this report are:
Ansys, Inc.
AlphaSTAR Corporation
Autodesk Inc.
Comsol Multiphysics Private Limited
Dassault Systèmes SE
Flow Science Inc.
Materialise N.V.
Parametric Technology Corporation
Siemens AG
MSC Software Corporation
Recent Developments in the Market:
Ø In February 2023, Hexagon’s Manufacturing Intelligence division unveiled a new Design for Additive Manufacturing (DfAM) module alongside the launch of its Nexus Open Cloud platform. The Nexus platform aims to eliminate silos and foster faster innovation and time-to-market by enabling real-time collaboration and feedback between engineering and manufacturing through the connection of Hexagon and third-party ecosystem tools. One of the initial solutions within Nexus is the DfAM capability, which addresses the traditional isolation of processes by integrating multiple engineers and software applications. Hexagon aims to tackle the issues of connectivity, cost, time consumption, and data loss associated with disjointed workflows in additive manufacturing.
Ø In February 2022, SLM Solutions introduced SLM.Quality, a newly launched software solution for quality assurance. This innovative software empowers customers to enhance their efficiency in evaluating build jobs, conducting process qualifications, and obtaining part certifications. Whether it’s for individual parts or large-scale production, SLM.Quality offers valuable support to industrial clients, streamlining the qualification process and enhancing traceability by facilitating the documentation of essential process data.
Global Additive Manufacturing Software Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Vertical Industry, Deployment, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vertical Industry:
Automotive
Aerospace
Medical
Construction
Other

By Deployment:
Cloud Based
On-Premises

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Additive Manufacturing Software Market, by Region, 2020-2030 (USD Billion)
1.2.2. Additive Manufacturing Software Market, by Vertical Industry, 2020-2030 (USD Billion)
1.2.3. Additive Manufacturing Software Market, by Deployment, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Additive Manufacturing Software Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Additive Manufacturing Software Market Dynamics
3.1. Additive Manufacturing Software Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rising 3D Printing Products and Services Market
3.1.1.2. Rising Healthcare Industry
3.1.2. Market Challenges
3.1.2.1. High Initial Investment
3.1.2.2. Data Security & Privacy Concern
3.1.3. Market Opportunities
3.1.3.1. Rapidly Growing Industrialization
3.1.3.2. Increasing Adaptation of Advance Technology
Chapter 4. Global Additive Manufacturing Software Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Additive Manufacturing Software Market, by Vertical Industry
5.1. Market Snapshot
5.2. Global Additive Manufacturing Software Market by Vertical Industry, Performance – Potential Analysis
5.3. Global Additive Manufacturing Software Market Estimates & Forecasts by Vertical Industry 2020-2030 (USD Billion)
5.4. Additive Manufacturing Software Market, Sub Segment Analysis
5.4.1. Automotive
5.4.2. Aerospace
5.4.3. Medical
5.4.4. Construction
5.4.5. Other
Chapter 6. Global Additive Manufacturing Software Market, by Deployment
6.1. Market Snapshot
6.2. Global Additive Manufacturing Software Market by Deployment, Performance – Potential Analysis
6.3. Global Additive Manufacturing Software Market Estimates & Forecasts by Deployment 2020-2030 (USD Billion)
6.4. Additive Manufacturing Software Market, Sub Segment Analysis
6.4.1. Cloud Based
6.4.2. On-Premises
Chapter 7. Global Additive Manufacturing Software Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Additive Manufacturing Software Market, Regional Market Snapshot
7.4. North America Additive Manufacturing Software Market
7.4.1. U.S. Additive Manufacturing Software Market
7.4.1.1. Vertical Industry breakdown estimates & forecasts, 2020-2030
7.4.1.2. Deployment breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Additive Manufacturing Software Market
7.5. Europe Additive Manufacturing Software Market Snapshot
7.5.1. U.K. Additive Manufacturing Software Market
7.5.2. Germany Additive Manufacturing Software Market
7.5.3. France Additive Manufacturing Software Market
7.5.4. Spain Additive Manufacturing Software Market
7.5.5. Italy Additive Manufacturing Software Market
7.5.6. Rest of Europe Additive Manufacturing Software Market
7.6. Asia-Pacific Additive Manufacturing Software Market Snapshot
7.6.1. China Additive Manufacturing Software Market
7.6.2. India Additive Manufacturing Software Market
7.6.3. Japan Additive Manufacturing Software Market
7.6.4. Australia Additive Manufacturing Software Market
7.6.5. South Korea Additive Manufacturing Software Market
7.6.6. Rest of Asia Pacific Additive Manufacturing Software Market
7.7. Latin America Additive Manufacturing Software Market Snapshot
7.7.1. Brazil Additive Manufacturing Software Market
7.7.2. Mexico Additive Manufacturing Software Market
7.8. Middle East & Africa Additive Manufacturing Software Market
7.8.1. Saudi Arabia Additive Manufacturing Software Market
7.8.2. South Africa Additive Manufacturing Software Market
7.8.3. Rest of Middle East & Africa Additive Manufacturing Software Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Ansys, Inc.
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. AlphaSTAR Corporation
8.3.3. Autodesk Inc.
8.3.4. Comsol Multiphysics Private Limited
8.3.5. Dassault Systèmes SE
8.3.6. Flow Science Inc.
8.3.7. Materialise N.V.
8.3.8. Parametric Technology Corporation
8.3.9. Siemens AG
8.3.10. MSC Software Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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