This in-depth market data research is split into two key modules: Market Growth Outlook and Competitive Analysis. Each of these modules is further configured into several sub-modules to meet the needs of executives as well as marketing, sales, and product development managers. All of these modules and sub-modules may be purchased as a bundle or separately. A brief description of these modules, sub-modules, and their use cases is included below.
The Simulation Software research delivers current market analysis plus a five-year market and technology forecast. The research is available in multiple editions including worldwide, all regions, and most major countries. The research covers 3D virtual simulation software, digital twins, finite element analysis, multi-functional simulation platforms, electro-magnetics, manufacturing simulation, mechatronics simulation, strategic analysis, market size, industry trends, historical analysis.
Simulation Software Market Growth Driven by Finite Element Analysis
ARC Advisory Group research on the Simulation Software global market reveals that this market will be driven by the emergence of comprehensive simulation platforms, the use of the digital twin concept, and the expansion of the 3D virtual simulation software. The overall simulation software market will be driven by the emergence of comprehensive simulation platforms that allow for concurrent product design and validation across the product lifecycle. Additional growth is driven by an increased use of finite element analysis in conjunction with manufacturing adoption spurred on by adoption policies due to the COVID-19 pandemic, the growth and adoption of the digital twin concept, and the growth in Industrial IoT in general. Significant expansion of 3D virtual simulation software across a wide range of applications for science, industry, infrastructure, and consumers allows for the virtual validation of the physical world.
Simulation Software Market Strategic Issues
In addition to providing a five-year market forecast, the simulation software market research provides detailed quantitative current market data and addresses key strategic issues.
Use Simulation for Science, Infrastructure, and the Environment
Companies should look to simulation solutions beyond the traditional CAE product design and test areas. Today, pharmaceutical companies are using cutting-edge 3D simulation applications that allow drug developers to simulate compounds at the molecular level. Using these state-of-the-art drug discovery tools, the drug discovery process can be reduced to a matter of months rather than years, and the subsequent costs reduced from millions to hundreds of thousands. Additionally, these same types of simulation tools are being used to research and discover new compounds in material science. This simulation to discover new materials is also being used in conjunction with 3D design simulation for additive manufacturing. Engineers can simulate part designs with fit, form, and function attributes that can only be made through the 3D printing process. New materials can be developed specifically for printed parts. Moreover, the actual 3D printing process can be simulated to validate the manufacturing steps required. Advanced simulation applications are being used today to simulate entire 3D environments for buildings, transportation systems, smart cities, and the alternative energy sources and systems that will power these smart environments. Photometry and point cloud laser tools can be used to capture data used to develop 3D virtual models on a very large scale. This simulation technology will enable engineers, planners, and designers to build the next generation of smart buildings, cities, infrastructure, and transportation.
Simulation Platforms Offer Concurrent Design-Validate Capability
Today's multi-functional simulation platforms offered by PLM suppliers allow system simulation engineers to virtually assess and optimize the performance of cyber-physical and mechatronic systems. The idea is to provide cyber-physical system (CPS) engineers with the ability to simulate, test, and validate a system's design in a concurrent lifecycle process from early development stages until the final performance validation and controls calibration. Simulation technology has been democratized across engineering disciplines and can be used by many non-SMEs.
This concurrent design/simulate/test/validate process has become an integral part of the model-based design (MBD) approach to system engineering. Aside from encouraging concurrent design, a system engineering approach for mechatronic development often helps reduce complexity, lower component costs, and increase integration efficiency. With an increasing number of products being designed with built-in intelligence, a mechatronic system design drives engineering organizations toward more efficient engineering practices.
Market Data Research Available Datasets
Market Growth Outlook
ARC’s market growth outlook service delivers an in-depth market opportunity analysis including five-year market and technology forecasts and 3-year history trend lines where available. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help accelerate your organization's ability to understand an up-to-date view of the market opportunity provided by your current product portfolio and analyze how your company’s market opportunity would change if you were to acquire or divest a particular product line. The service will also help you identify and capitalize on emerging markets, whether these markets are based on an emerging technology, region, vertical industry, or application. Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying the opportunities provided by emerging trends. ARC’s reputation as the preeminent independent provider of market growth opportunity analyses for nearly four decades also provides greater weight to your business plans. ARC’s market growth outlook services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet your specific needs. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market opportunities designed to help executives quickly identify key trends and market opportunities around the world. In-depth market opportunity analyses provide marketing and product managers more detailed technology specific market information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Market Growth Outlook Analysis | Use Cases | Target Role |
| Worldwide Market Growth Outlook by Industry & Region with 3-year history where available | In-depth technology-specific strategic growth planning across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Industry Growth Outlook by Region with 3-year history where available | Strategic technology growth planning for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Market Growth Outlook by Technology & Industry with 3-year history where available (includes country data) | Strategic technology growth planning for markets defined by a single or multiple world regions | Regional & Country Sales Managers |
| Market Growth Outlook Executive View | Strategic Total Available Market (TAM) growth planning dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Market Competitive Analysis
ARC’s Competitive Analysis services deliver in depth competitive analyses across multiple technologies, applications, regions, and industries. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help product and marketing managers identify their company’s market positioning across multiple views within their Serviceable Available Market (SAM). Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying how their company’s market position would change if the company were to acquire or divest a particular product line or technology. ARC’s reputation as the preeminent independent provider of competitive market benchmarking for nearly four decades lends greater weight to your business plans. ARC’s market competitive services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet the specific needs of our clients. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market competitive analyses designed to help executives quickly assess their SAM by world region, technology, or vertical industry. In-depth competitive market analyses provide marketing and product managers more detailed technology specific benchmarking information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Competitive Analysis | Use Cases | Target Role |
| Worldwide Competitive Analysis by Technology | In-depth competitive market analysis that quantifies how your company’s market position has changed over time across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple world regions | Regional Sales Managers |
| Competitive Analysis Executive View | Strategic Serviceable Available Market (SAM) analysis dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Worldwide Research Focus Areas
Worldwide Research Focus Areas
Strategic Analysis
- Executive Overview
- Market Trends
- Buyer Strategies
- Supplier Strategies
- Growth Contributors and Inhibitors
Competitive Analysis
- Market Shares of the Leading Suppliers
- Market Shares by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Market Shares by Revenue Category
- Software
- Services
- Market Shares by Industry
- Aerospace & Defense
- Automotive
- Electronics & Electrical
- Machinery
- Medical Products
- Telecommunications
- Marine
- Buildings
- Food & Beverage
- Pharmaceutical & Biotech
- Market Shares by Solution/Application
- CFD
- Digital Twin
- Discrete Event Simulation
- EDA Simulation
- Electro-Magnetics
- FEA/Structural Analysis
- Manufacturing Simulation
- Mechatronics Simulation
- Multi-Physics
- Physical Test
- Systems Engr. Simulation
Market Forecast & Histories
- Total Market Size of Simulation Software
- Shipments by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Shipments by Revenue Category
- Software
- Services
- Shipments by Industry
- Aerospace & Defense
- Automotive
- Electronics & Electrical
- Machinery
- Medical Products
- Telecommunications
- Marine
- Buildings
- Food & Beverage
- Pharmaceutical & Biotech
- Shipments by Solution/Application
- CFD
- Digital Twin
- Discrete Event Simulation
- EDA Simulation
- Electro-Magnetics
- FEA/Structural Analysis
- Manufacturing Simulation
- Mechatronics Simulation
- Multi-Physics
- Physical Test
- Systems Engr. Simulation
Industry Participants
The research identifies all relevant suppliers serving this market.
Regional Research Focus Areas
Strategic Analysis
Competitive Analysis
- Leading Suppliers in Region
- Industry Shares in Region
- Country Shares in Region
- Leading Suppliers by Industry
Market Forecast Analysis
- Market Forecast & History by Country
- Market Forecast & History by Industry
Industry Participants
List of countries & currencies included in each region: MIRA-Country
For More Information
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