New ARC Advisory Group research on Engineering Design Tools for Plants, Infrastructure, and Building Information Modeling (BIM) reveals that next-generation information technology is defining the way business will be conducted in the engineering design tools market. Emerging technologies are merging the physical and virtual worlds of plants, AEC/BIM, and entire cities to enable smart connected plants, buildings, cities, and infrastructure. Today, both EPCs and owner-operators must have access to all plant design, assets, equipment, and infrastructure information across the design/build/operate/maintain lifecycle to efficiently execute CapEx projects and operate and maintain OpEx assets.
“Single-source information platforms for all information needed by all stakeholders across the plant and infrastructure lifecycle allow engineers, project managers, planners, and owner-operators to have access to critical design/build information at all phases of the plant lifecycle,” according to Dick Slansky, Senior Analyst at ARC Advisory Group and key author of ARC’s Engineering Design Tools for Plants, Infrastructure, and Building Information Modeling Global Market Research 2017-2022 report.
About the Engineering Design Tools for Plant, Infrastructure, and BIM Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the engineering design tools market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, market sectors among plant design and infrastructure, engineering tool, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes one year of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.