Energy Sector Is Driving New Projects and Use of EDT
The combined market for engineering design tools (EDT) for plants and
infrastructure remains strong globally. The collective market of plants and
infrastructure domains includes much of what that is built in the world today,
including buildings, bridges, city infrastructure, roads and highways, offshore,
rail transportation, electrical power generation and grids, manufacturing
plants, mining facilities, utility infrastructure, oil and gas facilities, and
chemical and other process industry plants.
Projects in both plants and
infrastructure have become very large, exceedingly complex, of long duration,
and highly expensive. Executing these massive projects often requires
joint ventures or partnerships between engineering, construction, and
The energy sector, including oil &
gas and power generation (fossil, nuclear, and alternative energy) is clearly
driving much of the new projects in plants and infrastructure. Beyond the
project phase, asset owners are now seeing the additional value that engineering
design tools can provide during the much longer operations phase of assets in
both plants and infrastructure.
The plant and infrastructure domains have different market dynamics. Users
need to know the capabilities and strategies of suppliers for their particular
market. Additionally, both EPCs and owner-operators need to be aware of the
market and relevant technologies. This study answers key questions, such
- How can suppliers increase their value proposition?
- Where are the best opportunities for growth – industry or infrastructure?
- How do technologies like laser scanning impact both greenfield and
- What is the present status of ‘integrated engineering’?
- How is new technology changing EDT offerings?