GVR Report cover Simulation Software Market Size, Share & Trends Report

Simulation Software Market Size, Share & Trends Analysis Report By Component (Software, Service), By Deployment, By Application, By End-use (Conventional Automotive, Healthcare, Aerospace & Defense), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-3-68038-751-3
  • Number of Report Pages: 115
  • Format: PDF, Horizon Databook
  • Historical Range: 2017 - 2023
  • Forecast Period: 2023 - 2030 
  • Industry: Technology

Simulation Software Market Size & Trends

The global simulation software market size was valued at USD 20.96 billion in 2023 and is expected to register a CAGR of 13.8% from 2024 to 2030. Simulation software is a tool used to virtually create a real-time environment to test the applicability and efficiency of different products and processes. Benefits, such as a reduction in production expenditure and reduced costs of training, are expected to drive the market. Furthermore, simulation tools play a major role in determining the effects of military weapons. They also help automotive companies determine the ideal vehicle prototypes for reducing CO2 emissions.

North America Simulation Software market size and growth rate, 2024 - 2030

Simulation software is widely adopted by different companies as it helps reduce production costs. The software helps develop several prototypes and test them virtually. Moreover, it helps realize error-free output in a production process, thereby avoiding the production of faulty products and the respective costs involved. It also helps save time spent on R&D activities. All these factors are expected to fuel the market growth. Conventionally, manufacturers incurred huge costs while prototyping products, which involved complex mechanisms. Despite the availability of prototypes, the chances of failure were high, which incurred additional R&D expenses to reduce such product failures.

Expenses incurred on prototypes and curbing faults of the existing products led to increased pre and post-production costs. In such scenarios, the use of simulation software helps reduce the need for manually testing multiple prototypes to subsequently reduce the chances of product failures. This is encouraging companies to make investments in simulation tools. Manufacturers across the globe are making investments to develop AI-related technologies to cope with the Volatile, Uncertain, Complex, and Ambiguous (VUCA) world. Virtual testing techniques are used to test these AI-enabled devices and involve the observation of the behavior of these devices in real-time situations.

The use of the virtual testing method increases the efficiency of a product development process and simultaneously reduces the product development cost. This growing focus on AI devices and products is expected to lead to the adoption of virtual testing tools. Moreover, the industry is witnessing growth owing to the emergence of autonomous vehicles and Electric Vehicles (EVs). Automotive manufacturers are using simulation tools to test the efficiency and effectiveness of these vehicles using real-world situations. They are also using simulation software to meet different industry standards and regulations. In September 2018, BMW Group announced investments of approximately USD 115.0 million to establish a high-fidelity driving simulation center in Munich, Germany.

Market Concentration & Characteristics

The simulation software market is characterized by a high degree of innovation, driven by technological advancements and evolving user demands. Continuous improvements in algorithms, computational capabilities, and integration with emerging technologies contribute to the dynamic nature of innovation in this market. Vendors often strive to introduce novel features, such as real-time simulation and artificial intelligence integration, to enhance the accuracy and efficiency of simulations. The pursuit of more realistic and immersive simulation experiences, coupled with the exploration of new application areas, further fuels the ongoing innovation in the simulation software market.

Bearing Market Concentration & Characteristics

The target market is also characterized by a high level of mergers & acquisitions by the leading players. The high level of mergers and acquisitions (M&A) in the Simulation Software Market is driven by the pursuit of market consolidation and strategic expansion. Companies engage in these transactions to access complementary technologies, broaden their product portfolios, and achieve economies of scale. The dynamic nature of the industry, coupled with the need for innovation and global competitiveness, motivates businesses to pursue mergers and acquisitions as a strategic approach to enhance their position in the evolving Simulation Software Market.

The simulation software market is subject to regulatory scrutiny, with authorities monitoring issues related to data security, intellectual property, and ethical considerations in simulation practices. As the technology evolves, regulators may address concerns regarding the accuracy and reliability of simulations, especially in safety-critical industries such as aerospace and healthcare. Compliance with industry standards and regulations becomes crucial for simulation software providers to ensure the acceptance and trust of their solutions. Ongoing developments in regulations may impact the adoption and deployment of simulation software across various sectors, necessitating continuous adaptation by industry players to meet evolving compliance requirements.

Simulation software faces potential substitutes in the form of alternative technologies and methodologies for modeling and analysis. Some users may opt for physical prototyping or experimentation as substitutes, especially in industries where practical testing is feasible. Additionally, advancements in artificial intelligence and machine learning may offer alternative approaches for certain simulation tasks. Cloud-based simulation services and emerging technologies could also be considered substitutes, providing alternative platforms for simulation activities. Evaluating the cost, accuracy, and efficiency of these substitutes is essential for users in deciding the most suitable approach for their specific needs.

End user concentration is one of the significant factors in the Simulation Software Market. The simulation software market exhibits a notable concentration among end users, with a significant portion of the user base focusing on specific industries. This concentration is characterized by a pronounced presence of users in key sectors such as automotive, aerospace, healthcare, and electronics. The market's dynamics are influenced by the specialized needs of these concentrated end-user segments, shaping the development and customization of simulation software engineering solutions. As a result, vendors in the simulation software market often tailor their offerings to address the unique requirements and challenges prevalent within these concentrated user industries.

Component Insights

The software segment dominated the market and accounted for the largest revenue share of over 69.5% in 2023. The segment is expected to remain dominant throughout the forecast period. The growth of this segment can be attributed to the benefits of software, such as data safety, reliability, and uninterrupted testing. Furthermore, under the software segment, finite element analysis is expected to largely contribute to the growth of the segment. FEA is widely used in industries, such as automotive, aerospace, defense, and electronics, to test product quality, performance, and design.

On the other hand, the service segment is expected to register the fastest growth rate during the forecast period. The growth of the segment can be attributed to the growing awareness of virtually-enabled processes used for product development among companies and governments. Services, such as design and consulting, implementation, and maintenance are gaining popularity among various enterprises. ANSYS, Inc., one of the key players in the market, provides consultation and professional services for simulation workflow improvement and process compression.

Deployment Insights

On the basis of modes of deployment, the global market has been further segmented into on-premises and cloud. The on-premise deployment segment dominated the market in 2023 and accounted for the largest share of more than 71.4% of the global revenue. The high share of this segment was attributed to the early adoption of the software. On-premise deployment is a traditional method of deployment that involves the installation of the software on-site. This method is beneficial for companies that wish to maintain the confidentiality of their data and secure the data from hackers.

These benefits related to data confidentiality and security are the primary factors driving the growth of the segment. The segment is expected to account for the highest market share by 2030. The cloud segment is expected to register the fastest CAGR over the next seven years. The growth of this segment can be attributed to the benefits offered, including easy implementation and cost-effectiveness, as compared to the traditional on-premise software. Since the software is deployed over the cloud, it is easier to maintain and upgrade based on a client’s requirements. Moreover, cloud-based software can be used in applications, such as R&D and training & education.

Application Insights

TThe engineering, research, modeling & simulated testing dominated the market accounted for the largest revenue share of 37.3% in 2023.  The high segment share is attributed to the robust adoption of simulation software by prominent end-use companies like Airbus, Boeing, Volkswagen Group, and others for product engineering, modeling, research, and testing purposes. In addition, the segment growth is driven by the client’s requirements for quick and quality improvement in a cost-effective manner, allowing companies to foray into the market with new products fast and lower warranty costs.

Moreover, the shift from actual prototyping towards simulation is ubiquitous across many industries and the demand for modeling, designing, and simulated testing tools is intensified by the massive investments in high-growth applications including 5G, clinical trials, autonomous, electrification, and the Industrial Internet of Things (IIoT). Furthermore, cyber threats have always been a concern for several industries, such as military & defense, enterprise, and others. The introduction of simulation solutions provides organizations with cyber situational awareness. This helps users identify malicious cyber-attacks within that network. Thus, with the rising concerns of cyber threats across the globe, it is anticipated to see massive adoption of cyber simulation tools and help the segment grow at a significant CAGR of 13.4% from 2024 to 2030.

End-use Insights

The automotive segment dominated the market and accounted for the largest revenue share in 2023, owing to the early adoption of virtual tools for product development.The growth was credited to the early adoption of virtual tools for product development. Furthermore, the automotive industry is witnessing a shift toward the use of electric and autonomous vehicles. The use of simulation to enhance production processes in this industry is primarily driving the growth of this segment.

Global Simulation Software market share and size, 2023

The other segment includes industries and sectors, such as construction, retail, and telecommunications. The aerospace & defense segment is expected to grow at a considerable CAGR over the forecast period due to the use of simulators for designing aircraft as well as defense equipment. Also, simulators are used in the defense industry for the purpose of training soldiers. Growing government concerns regarding terrorism and national security have resulted in increased investments in new and improved defense equipment that require the use of simulation software. This, in turn, has contributed to the growth of this segment.

Regional Insights

In 2023, North America dominated the target market and accounted for the largest revenue share of 34.2%. The region is expected to continue its dominance over the forecast period on account of the presence of major players in the U.S. and Canada. The companies in these countries have been observed to be investing in research and development activities to introduce technologically advanced products in the market. Moreover, the region is well-known as an early adopter of advanced technologies. In the Asia Pacific, the market is anticipated to witness the fastest CAGR over the forecast period.

Simulation Software Market Trends, by Region, 2024 - 2030

The rapid growth can be attributed to the increased manufacturing activities in the regional industries and sectors, such as automotive and healthcare. The growth of the construction and healthcare verticals in countries, such as Japan and India, are subsequently driving the regional market growth. Europe also accounted for a significant share of the market in 2022. Countries, such as Germany and the U.K., primarily contributed to the growth of the regional market. High penetration of AI technology and increasing defense expenditure in the region are some of the key factors driving the market growth.

Key Companies & Market Share Insights

Some of the key players operating in the market include Dassault Systemes and ANSYS, Inc. among others.

  • Dassault Systemes develops 3D designs, product lifecycle management software, and 3D digital mock-up. The company offers various products and services. The company has around 12 brands. The product portfolio including ENOVIA, CATIA, 3DEXCITE, SOLIDWORKS, DELMIA, GEOVIA, BIOVIA, SIMULIA, 3DVIA, EXALEAD, and NETVIBES.

  • ANSYS, Inc. specializes in the development and promotion of engineering simulation software. Utilizing Workbench as a platform for constructing its simulation technologies, the company offers a range of product functionalities. These include 3D design software, electromagnetic field simulation, computational fluid dynamics, optical simulation, semiconductors and structural analysis, as well as systems modeling, simulation, and validation.

  • Bentley Systems, Inc. and The MathWorks, Inc. are some of the emerging market participants in the target market.

  • Bentley Systems, Inc. develops, licenses, and sells computer software and offers services for infrastructure construction, design, and operations. The company’s primary software product line includes ProjectWise, MicroStation, and AssetWise. The company’s products and services include asset lifecycle information management, bridge analysis, asset reliability, building design, hydraulics & hydrology, modeling & visualization, mine design, operational analytics, plant design, reality modeling, and project delivery, among others.

  • The MathWorks, Inc. develops mathematical computing software. The company’s products cater to a variety of applications, including design, simulation, technical computation, visualization, and implementation. The company’s product offerings, such as MATLAB and Simulink, are used across various industries and industry verticals for research & development purposes and modeling and simulation.

Key Simulation Software Companies:

  • Altair Engineering, Inc.
  • Autodesk Inc.
  • Ansys, Inc.
  • Bentley Systems, Incorporated
  • Dassault Systèmes
  • The MathWorks, Inc.
  • Rockwell Automation, Inc.
  • Simulations Plus
  • ESI Group
  • GSE Systems

Recent Developments

  • In May 2022, Dassault Systemes announced that it has collaborated with the BMW Group to establish the vehicle development programs with increased efficiency. The two businesses worked together to develop an industry-ready, process-oriented solution for stamping die design and stamped sheet metal component definition that will boost the effectiveness of the parts production and design process with the invaluable assistance of BMW Group's in-depth process and specialist know-how.

  • In June 2022, ANSYS, Inc announced that the company has joined the Intel Foundry Services Cloud Alliance. Intel Foundry Services is a completely vertical, independent foundry company by Intel. This interoperable, semiconductor design workflow enabled with cloud technology is made possible by Ansys products, such as Ansys HFSS, Ansys Totem, Ansys RedHawk-SC, Ansys VeloceRF, Ansys PathFinder, and Ansys RaptorX, and will assist present and prospective Intel customers increase their productivity.

Simulation Software Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 23.56 billion

Revenue forecast in 2030

USD 51.11 billion

Growth rate

CAGR of 13.8% from 2024 to 2030

Actual Data

2017 - 2023

Forecast period

2023 - 2030

Quantitative units

Revenue in USD Million and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Component, deployment, application, end-use, material, and region

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope

U.S., Canada, UK, Germany, France, China, Japan, India, South Korea, Australia, Mexico, Brazil, KSA, UAE, and South Africa

Key companies profiled

Altair Engineering, Inc., Autodesk Inc., Ansys, Inc., Bentley Systems, Incorporated., Dassault Systèmes, The MathWorks, Inc., Rockwell Automation, Inc., Simulations Plus, ESI Group, and GSE Systems

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Simulation Software Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global simulation software market report based on component, deployment, application, end-use, and region:

  • Component Outlook (Revenue, USD Million, 2017 - 2030)

    • Software

    • Services

      • Simulation Development Services

      • Training and Support & Maintenance

  • Deployment Outlook (Revenue, USD Million, 2017 - 2030)

    • On-Premise

    • Cloud

  • Application Outlook (Revenue, USD Million, 2017 - 2030)

    • Engineering, Research, Modeling & Simulated Testing

    • High Fidelity Experiential 3D Training

    • Gaming & Immersive Experiences

    • Manufacturing Process Optimization

    • AI Training & Autonomous Systems

    • Planning And Logistics Management & Transportation

    • Cyber Simulation

  • End-use Outlook (Revenue, USD Million, 2017 - 2030)

    • Conventional Automotive

    • Electric Automotive and Autonomous Vehicles

    • Aerospace & Defense

    • Electrical, Electronics and Semiconductor

    • Healthcare

    • Robotics

    • Entertainment

    • Architectural Engineering and Construction

    • Others

  • Regional Outlook (Revenue, USD Million, 2017 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • UK

      • Germany

      • France

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Australia

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa (MEA)

      • KSA

      • UAE

      • South Africa

Frequently Asked Questions About This Report

Table of Contents

Chapter 1. Methodology and Scope
                   1.1. Market Segmentation and Scope
                   1.2. Market Definitions
                   1.3. Research Methodology
                       1.3.1. Information Procurement
                       1.3.2. Information or Data Analysis
                       1.3.3. Market Formulation & Data Visualization
                       1.3.4. Data Validation & Publishing
                   1.4. Research Scope and Assumptions
                       1.4.1. List of Data Sources
Chapter 2. Executive Summary
                   2.1. Market Outlook
                   2.2. Segment Outlook
                   2.3. Competitive Insights
Chapter 3. Simulation Software Market Variables, Trends, & Scope
                   3.1. Market Introduction/Lineage Outlook
                   3.2. Industry Value Chain Analysis
                   3.3. Market Dynamics
                       3.3.1. Market Drivers Analysis
                           3.3.1.1. Growing preference for simulation software to optimize performance of electric and autonomous vehicles
                           3.3.1.2. Growing adoption of simulation tools in aerospace & defense and other industries
                           3.3.1.3. Growing potential for simulation-assisted digital twins
                       3.3.2. Market Restraints Analysis
                           3.3.2.1. Budgetary constraints and lack of skilled personnel restricting adoption of simulation tools
                       3.3.3. Industry Opportunities
                           3.3.3.1. Growing adoption of simulation tools in Healthcare Industry
                           3.3.3.2. Aggressive investments in deploying advanced industrial solutions across various industries
                       3.3.4. Industry Challenges
                   3.4. Simulation Software Market Analysis Tools
                       3.4.1. Porter’s Analysis
                           3.4.1.1. Bargaining power of the suppliers
                           3.4.1.2. Bargaining power of the buyers
                           3.4.1.3. Threats of substitution
                           3.4.1.4. Threats from new entrants
                           3.4.1.5. Competitive rivalry
                       3.4.2. PESTEL Analysis
                           3.4.2.1. Political landscape
                           3.4.2.2. Economic and Social landscape
                           3.4.2.3. Technological landscape
                           3.4.2.4. Environmental landscape
                           3.4.2.5. Legal landscape
                   3.5. Use Case Analysis
Chapter 4. Simulation Software Market: Component Estimates & Trend Analysis
                   4.1. Segment Dashboard
                   4.2. Simulation Software Market: Component Movement Analysis, USD Million, 2023 & 2030
                   4.3. Software
                       4.3.1. Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                       4.3.2. Computer Aided Engineering Simulation Software
                           4.3.2.1. Computer Aided Engineering Simulation Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                               4.3.2.1.1. Finite Element Analysis (FEA) Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                               4.3.2.1.2. Computational Fluid Dynamics (CFD) Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                               4.3.2.1.3. Multibody Dynamics Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                               4.3.2.1.4. Optimization & Simulation Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                       4.3.3. Process Simulation Software
                           4.3.3.1. Process Simulation Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                       4.3.4. Electromagnetic Simulation Software
                           4.3.4.1. Electromagnetic Simulation Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                       4.3.5. Training/Human-in-the-Loop (HITL) Simulation Software
                           4.3.5.1. Training/Human-in-the-Loop (HITL) Simulation Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                       4.3.6. Others
                           4.3.6.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   4.4. Service
                       4.4.1. Service Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                       4.4.2. Simulation Development Services
                           4.4.2.1. Simulation Development Services Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                       4.4.3. Training and Support & Maintenance
                           4.4.3.1. Training and Support & Maintenance Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Simulation Software Market: Deployment Estimates & Trend Analysis
                   5.1. Segment Dashboard
                   5.2. Simulation Software Market: Deployment Movement Analysis, USD Million, 2023 & 2030
                   5.3. On-Premise
                       5.3.1. On-Premise Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   5.4. Cloud
                       5.4.1. Cloud Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Simulation Software Market: Application Estimates & Trend Analysis
                   6.1. Segment Dashboard
                   6.2. Simulation Software Market: Application Movement Analysis, USD Million, 2023 & 2030
                   6.3. Engineering, Research, Modeling & Simulated Testing
                       6.3.1. Engineering, Research, Modeling & Simulated Testing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   6.4. High Fidelity Experiential 3D Training
                       6.4.1. High Fidelity Experiential 3D Training Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   6.5. Gaming and Immersive Experiences
                       6.5.1. Gaming and Immersive Experiences Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   6.6. Manufacturing Process Optimization
                       6.6.1. Manufacturing Process Optimization Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   6.7. AI Training & Autonomous Systems
                       6.7.1. AI Training & Autonomous Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   6.8. Planning and Logistics Management & Transportation
                       6.8.1. Planning and Logistics Management & Transportation Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   6.9. Cyber Simulation
                       6.9.1. Cyber Simulation Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Simulation Software Market: End-Use Estimates & Trend Analysis
                   7.1. Segment Dashboard
                   7.2. Simulation Software Market: End-Use Movement Analysis, USD Million, 2023 & 2030
                   7.3. Conventional Automotive
                       7.3.1. Conventional Automotive Simulation Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   7.4. Electric Automotive and Autonomous Vehicles
                       7.4.1. Electric Automotive and Autonomous Vehicles Simulation Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
                   7.5. Aerospace & Defense
                       7.5.1. Aerospace & Defense Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                   7.6. Electrical, Electronics and Semiconductor
                       7.6.1. Electrical, Electronics and Semiconductor Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                   7.7. Healthcare
                       7.7.1. Healthcare Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                   7.8. Architectural Engineering and Construction
                       7.8.1. Architectural Engineering and Construction Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                   7.9. Others
                       7.9.1. Others Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. Simulation Software Market: Regional Estimates & Trend Analysis
                   8.1. Simulation Software Market Share, By Region, 2023 & 2030, USD Million
                   8.2. North America
                       8.2.1. North America Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                       8.2.2. North America Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                       8.2.3. North America Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                       8.2.4. North America Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                       8.2.5. North America Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.2.6. U.S.
                           8.2.6.1. U.S. Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.2.6.2. U.S. Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.2.6.3. U.S. Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.2.6.4. U.S. Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.2.6.5. U.S. Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.2.7. Canada
                           8.2.7.1. Canada Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.2.7.2. Canada Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.2.7.3. Canada Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.2.7.4. Canada Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.2.7.5. Canada Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                   8.3. Europe
                       8.3.1. Europe Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                       8.3.2. Europe Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                       8.3.3. Europe Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                       8.3.4. Europe Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                       8.3.5. Europe Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.3.6. U.K.
                           8.3.6.1. U.K. Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.3.6.2. U.K. Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.3.6.3. U.K. Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.3.6.4. U.K. Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.3.6.5. U.K. Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.3.7. Germany
                           8.3.7.1. Germany Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.3.7.2. Germany Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.3.7.3. Germany Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.3.7.4. Germany Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.3.7.5. Germany Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.3.8. France
                           8.3.8.1. France Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.3.8.2. France Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.3.8.3. France Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.3.8.4. France Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.3.8.5. France Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                   8.4. Asia Pacific
                       8.4.1. Asia Pacific Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                       8.4.2. Asia Pacific Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                       8.4.3. Asia Pacific Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                       8.4.4. Asia Pacific Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                       8.4.5. Asia Pacific Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.4.6. China
                           8.4.6.1. China Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.4.6.2. China Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.4.6.3. China Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.4.6.4. China Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.4.6.5. China Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.4.7. Japan
                           8.4.7.1. Japan Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.4.7.2. Japan Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.4.7.3. Japan Simulation Software Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
                           8.4.7.4. Japan Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.4.7.5. Japan Simulation Software Market Estimates and Forecasts, By Software, 2017 - 2030 (USD Million)
                           8.4.7.6. Japan Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.4.7.7. Japan Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.4.8. India
                           8.4.8.1. India Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.4.8.2. India Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.4.8.3. India Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.4.8.4. India Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.4.8.5. India Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.4.9. South Korea
                           8.4.9.1. South Korea Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.4.9.2. South Korea Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.4.9.3. South Korea Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.4.9.4. South Korea Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.4.9.5. South Korea Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.4.10. Australia
                           8.4.10.1. Australia Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.4.10.2. Australia Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.4.10.3. Australia Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.4.10.4. Australia Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.4.10.5. Australia Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                   8.5. Latin America
                       8.5.1. Latin America Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                       8.5.2. Latin America Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                       8.5.3. Latin America Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                       8.5.4. Latin America Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                       8.5.5. Latin America Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.5.6. Brazil
                           8.5.6.1. Brazil Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.5.6.2. Brazil Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.5.6.3. Brazil Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.5.6.4. Brazil Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.5.6.5. Brazil Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.5.7. Mexico
                           8.5.7.1. Mexico Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.5.7.2. Mexico Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.5.7.3. Mexico Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.5.7.4. Mexico Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.5.7.5. Mexico Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                   8.6. Middle East and Africa
                       8.6.1. Middle East and Africa Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                       8.6.2. Middle East and Africa Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                       8.6.3. Middle East and Africa Simulation Software Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
                       8.6.4. Middle East and Africa Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                       8.6.5. Middle East and Africa Simulation Software Market Estimates and Forecasts, By Software, 2017 - 2030 (USD Million)
                       8.6.6. Middle East and Africa Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                       8.6.7. Middle East and Africa Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.6.8. Middle East and Africa Simulation Software Market Estimates and Forecasts, By Material, 2017 - 2030 (USD Million)
                       8.6.9. KSA
                           8.6.9.1. KSA Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.6.9.2. KSA Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.6.9.3. KSA Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.6.9.4. KSA Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.6.9.5. KSA Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.6.10. UAE
                           8.6.10.1. UAE Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.6.10.2. UAE Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.6.10.3. UAE Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.6.10.4. UAE Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.6.10.5. UAE Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
                       8.6.11. South Africa
                           8.6.11.1. South Africa Simulation Software Market Estimates and Forecasts, 2017 - 2030 (USD Million)
                           8.6.11.2. South Africa Simulation Software Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
                           8.6.11.3. South Africa Simulation Software Market Estimates and Forecasts, By Deployment, 2017 - 2030 (USD Million)
                           8.6.11.4. South Africa Simulation Software Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
                           8.6.11.5. South Africa Simulation Software Market Estimates and Forecasts, By End-Use, 2017 - 2030 (USD Million)
Chapter 9. Competitive Landscape
                   9.1. Recent Developments & Impact Analysis by Key Market Participants
                   9.2. Company Categorization
                   9.3. Company Market Positioning
                   9.4. Company Market Share Analysis
                   9.5. Strategy Mapping
                       9.5.1. Expansion
                       9.5.2. Mergers & Acquisition
                       9.5.3. Partnerships & Collaborations
                       9.5.4. New Product Launches
                       9.5.5. Research And Development
                   9.6. Company Profiles
                       9.6.1. Altair Engineering, Inc.
                           9.6.1.1. Participant’s Overview
                           9.6.1.2. Financial Performance
                           9.6.1.3. Product Benchmarking
                           9.6.1.4. Recent Developments
                       9.6.2. Autodesk Inc.
                           9.6.2.1. Participant’s Overview
                           9.6.2.2. Financial Performance
                           9.6.2.3. Product Benchmarking
                           9.6.2.4. Recent Developments
                       9.6.3. Ansys, Inc.
                           9.6.3.1. Participant’s Overview
                           9.6.3.2. Financial Performance
                           9.6.3.3. Product Benchmarking
                           9.6.3.4. Recent Developments
                       9.6.4. Bentley Systems, Incorporated
                           9.6.4.1. Participant’s Overview
                           9.6.4.2. Financial Performance
                           9.6.4.3. Product Benchmarking
                           9.6.4.4. Recent Developments
                       9.6.5. Dassault Systèmes
                           9.6.5.1. Participant’s Overview
                           9.6.5.2. Financial Performance
                           9.6.5.3. Product Benchmarking
                           9.6.5.4. Recent Developments
                       9.6.6. MathWorks, Inc.
                           9.6.6.1. Participant’s Overview
                           9.6.6.2. Financial Performance
                           9.6.6.3. Product Benchmarking
                           9.6.6.4. Recent Developments
                       9.6.7. Rockwell Automation, Inc.
                           9.6.7.1. Participant’s Overview
                           9.6.7.2. Financial Performance
                           9.6.7.3. Product Benchmarking
                           9.6.7.4. Recent Developments
                       9.6.8. Simulations Plus
                           9.6.8.1. Participant’s Overview
                           9.6.8.2. Financial Performance
                           9.6.8.3. Product Benchmarking
                           9.6.8.4. Recent Developments
                       9.6.9. ESI Group
                           9.6.9.1. Participant’s Overview
                           9.6.9.2. Financial Performance
                           9.6.9.3. Product Benchmarking
                           9.6.9.4. Recent Developments
                       9.6.10. GSE Systems
                           9.6.10.1. Participant’s Overview
                           9.6.10.2. Financial Performance
                           9.6.10.3. Product Benchmarking
                           9.6.10.4. Recent Developments


List of Tables

Table 1 List of abbreviations
Table 2 Simulation software market - Industry snapshot & key buying criteria, 2017 - 2030
Table 3 Simulation software market, 2017 - 2030 (USD Million)
Table 4 Simulation software market, by region, 2017 - 2030 (USD Million)
Table 5 Simulation software market, by component, 2017 - 2030, (USD Million)
Table 6 Simulation software market, by Software, 2017 - 2030, (USD Million)
Table 7 Simulation software market, by computer aided engineering, 2017 - 2030, (USD Million)
Table 8 Component Simulation software market, by region, 2017 - 2030 (USD Million)
Table 9 Simulation software market by service, 2017 - 2030 (USD Million)
Table 10 Simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 11 Deployment Simulation software market, by region, 2017 - 2030 (USD Million)
Table 12 Simulation software market, by application, 2017 - 2030 (USD Million)
Table 13 Application Simulation software market, by region, 2017 - 2030 (USD Million)
Table 14 Simulation software market, by end use, 2017 - 2030 (USD Million)
Table 15 End-use Simulation software market, by region, 2017 - 2030 (USD Million)
Table 16 Simulation software market, by industrial, 2017 - 2030 (USD Million)
Table 17 North America simulation software market, 2017 - 2030 (USD Million)
Table 18 North America simulation software market, by component, 2017 - 2030 (USD Million)
Table 19 North America simulation software market, by software, 2017 - 2030 (USD Million)
Table 20 North America simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 21 North America simulation software market, by service, 2017 - 2030 (USD Million)
Table 22 North America simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 23 North America simulation software market, by application, 2017 - 2030 (USD Million)
Table 24 North America simulation software market, by end use, 2017 - 2030 (USD Million)
Table 25 U.S. simulation software market, 2017 - 2030 (USD Million)
Table 26 U.S. simulation software market, by component, 2017 - 2030 (USD Million)
Table 27 U.S. simulation software market, by software, 2017 - 2030 (USD Million)
Table 28 U.S. simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 29 U.S. simulation software market, by service, 2017 - 2030 (USD Million)
Table 30 U.S. simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 31 U.S. simulation software market, by application, 2017 - 2030 (USD Million)
Table 32 U.S. simulation software market, by end use, 2017 - 2030 (USD Million)
Table 33 Canada simulation software market, 2017 - 2030 (USD Million)
Table 34 Canada simulation software market, by component, 2017 - 2030 (USD Million)
Table 35 Canada simulation software market, by software, 2017 - 2030 (USD Million)
Table 36 Canada simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 37 Canada simulation software market, by service, 2017 - 2030 (USD Million)
Table 38 Canada simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 39 Canada simulation software market, by application, 2017 - 2030 (USD Million)
Table 40 Canada simulation software market, by end-use, 2017 - 2030 (USD Million)
Table 41 Europe simulation software market, 2017 - 2030 (USD Million)
Table 42 Europe simulation software market, by component, 2017 - 2030 (USD Million)
Table 43 Europe simulation software market, by software, 2017 - 2030 (USD Million)
Table 44 Europe simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 45 Europe simulation software market, by service, 2017 - 2030 (USD Million)
Table 46 Europe simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 47 Europe simulation software market, by application, 2017 - 2030 (USD Million)
Table 48 Europe simulation software market, by end-use, 2017 - 2030 (USD Million)
Table 49 U.K. simulation software market, 2017 - 2030 (USD Million)
Table 50 U.K. simulation software market, by component, 2017 - 2030 (USD Million)
Table 51 U.K. simulation software market, by software, 2017 - 2030 (USD Million)
Table 52 U.K. simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 53 U.K. simulation software market, by service, 2017 - 2030 (USD Million)
Table 54 U.K. simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 55 U.K. simulation software market, by application, 2017 - 2030 (USD Million)
Table 56 U.K. simulation software market, by end-use, 2017 - 2030 (USD Million)
Table 57 Germany simulation software market, 2017 - 2030 (USD Million)
Table 58 Germany simulation software market, by component, 2017 - 2030 (USD Million)
Table 59 Germany simulation software market, by software, 2017 - 2030 (USD Million)
Table 60 Germany simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 61 Germany simulation software market, by service, 2017 - 2030 (USD Million)
Table 62 Germany simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 63 Germany simulation software market, by application, 2017 - 2030 (USD Million)
Table 64 Germany simulation software market, by end-use, 2017 - 2030 (USD Million)
Table 65 France simulation software market, 2017 - 2030 (USD Million)
Table 66 France simulation software market, by component, 2017 - 2030 (USD Million)
Table 67 France simulation software market, by software, 2017 - 2030 (USD Million)
Table 68 France simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 69 France simulation software market, by service, 2017 - 2030 (USD Million)
Table 70 France simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 71 France simulation software market, by application, 2017 - 2030 (USD Million)
Table 72 France simulation software market, by end-use, 2017 - 2030 (USD Million)
Table 73 Asia Pacific simulation software market, 2017 - 2030 (USD Million)
Table 74 Asia Pacific simulation software market, by component, 2017 - 2030 (USD Million)
Table 75 Asia Pacific simulation software market, by software, 2017 - 2030 (USD Million)
Table 76 Asia Pacific simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 77 Asia Pacific simulation software market, by service, 2017 - 2030 (USD Million)
Table 78 Asia Pacific simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 79 Asia Pacific simulation software market, by application, 2017 - 2030 (USD Million)
Table 80 Asia Pacific simulation software market, by end-use, 2017 - 2030 (USD Million)
Table 81 China simulation software market, 2017 - 2030 (USD Million)
Table 82 China simulation software market, by component, 2017 - 2030 (USD Million)
Table 83 China simulation software market, by software, 2017 - 2030 (USD Million)
Table 84 China simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 85 China simulation software market, by service, 2017 - 2030 (USD Million)
Table 86 China simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 87 China simulation software market, by application, 2017 - 2030 (USD Million)
Table 88 China simulation software market, by end use, 2017 - 2030 (USD Million)
Table 89 India simulation software market, 2017 - 2030 (USD Million)
Table 90 India simulation software market, by component, 2017 - 2030 (USD Million)
Table 91 India simulation software market, by software, 2017 - 2030 (USD Million)
Table 92 India simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 93 India simulation software market, by service, 2017 - 2030 (USD Million)
Table 94 India simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 95 India simulation software market, by end use, 2017 - 2030 (USD Million)
Table 96 Japan simulation software market, 2017 - 2030 (USD Million)
Table 97 Japan simulation software market, by component, 2017 - 2030 (USD Million)
Table 98 Japan simulation software market, by software, 2017 - 2030 (USD Million)
Table 99 Japan simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 100 Japan simulation software market, by service, 2017 - 2030 (USD Million)
Table 101 Japan simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 102 Japan simulation software market, by application, 2017 - 2030 (USD Million)
Table 103 Japan simulation software market, by end use, 2017 - 2030 (USD Million)
Table 104 South Korea simulation software market, 2017 - 2030 (USD Million)
Table 105 South Korea simulation software market, by component, 2017 - 2030 (USD Million)
Table 106 South Korea simulation software market, by software, 2017 - 2030 (USD Million)
Table 107 South Korea simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 108 South Korea simulation software market, by service, 2017 - 2030 (USD Million)
Table 109 South Korea simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 110 South Korea simulation software market, by application, 2017 - 2030 (USD Million)
Table 111 South Korea simulation software market, by end use, 2017 - 2030 (USD Million)
Table 112 Australia simulation software market, 2017 - 2030 (USD Million)
Table 113 Australia simulation software market, by component, 2017 - 2030 (USD Million)
Table 114 Australia simulation software market, by software, 2017 - 2030 (USD Million)
Table 115 Australia simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 116 Australia simulation software market, by service, 2017 - 2030 (USD Million)
Table 117 Australia simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 118 Australia simulation software market, by application, 2017 - 2030 (USD Million)
Table 119 Australia simulation software market, by end use, 2017 - 2030 (USD Million)
Table 120 Latin America simulation software market, 2017 - 2030 (USD Million)
Table 121 Latin America simulation software market, by component, 2017 - 2030 (USD Million)
Table 122 Latin America simulation software market, by software, 2017 - 2030 (USD Million)
Table 123 Latin America simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 124 Latin America simulation software market, by service, 2017 - 2030 (USD Million)
Table 125 Latin America simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 126 Latin America simulation software market, by application, 2017 - 2030 (USD Million)
Table 127 Latin America simulation software market, by end-use, 2017 - 2030 (USD Million)
Table 128 Brazil simulation software market, 2017 - 2030 (USD Million)
Table 129 Brazil simulation software market by component, 2017 - 2030 (USD Million)
Table 130 Brazil simulation software market, by software, 2017 - 2030 (USD Million)
Table 131 Brazil simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 132 Brazil simulation software market, by service, 2017 - 2030 (USD Million)
Table 133 Brazil simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 134 Brazil simulation software market, by application, 2017 - 2030 (USD Million)
Table 135 Brazil simulation software market, by end use, 2017 - 2030 (USD Million)
Table 136 Mexico simulation software market, 2017 - 2030 (USD Million)
Table 137 Mexico simulation software market, by component, 2017 - 2030 (USD Million)
Table 138 Mexico simulation software market, by software, 2017 - 2030 (USD Million)
Table 139 Mexico simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 140 Mexico simulation software market, by service, 2017 - 2030 (USD Million)
Table 141 Mexico simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 142 Mexico simulation software market, by application, 2017 - 2030 (USD Million)
Table 143 Mexico simulation software market, by end use, 2017 - 2030 (USD Million)
Table 144 MEA simulation software market, 2017 - 2030 (USD Million)
Table 145 MEA simulation software market, by component, 2017 - 2030 (USD Million)
Table 146 MEA simulation software market, by software, 2017 - 2030 (USD Million)
Table 147 MEA simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 148 MEA simulation software market, by service, 2017 - 2030 (USD Million)
Table 149 MEA simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 150 MEA simulation software market, by application, 2017 - 2030 (USD Million)
Table 151 MEA simulation software market, by end use, 2017 - 2030 (USD Million)
Table 152 KSA simulation software market, 2017 - 2030 (USD Million)
Table 153 KSA simulation software market by component, 2017 - 2030 (USD Million)
Table 154 KSA simulation software market, by software, 2017 - 2030 (USD Million)
Table 155 KSA simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 156 KSA simulation software market, by service, 2017 - 2030 (USD Million)
Table 157 KSA simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 158 KSA simulation software market, by application, 2017 - 2030 (USD Million)
Table 159 KSA simulation software market, by end use, 2017 - 2030 (USD Million)
Table 160 UAE simulation software market, 2017 - 2030 (USD Million)
Table 161 UAE simulation software market, by component, 2017 - 2030 (USD Million)
Table 162 UAE simulation software market, by software, 2017 - 2030 (USD Million)
Table 163 UAE simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 164 UAE simulation software market, by service, 2017 - 2030 (USD Million)
Table 165 UAE simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 166 UAE simulation software market, by application, 2017 - 2030 (USD Million)
Table 167 UAE simulation software market, by end use, 2017 - 2030 (USD Million)
Table 168 South Africa simulation software market, 2017 - 2030 (USD Million)
Table 169 South Africa simulation software market by component, 2017 - 2030 (USD Million)
Table 170 South Africa simulation software market, by software, 2017 - 2030 (USD Million)
Table 171 South Africa simulation software market, by computer aided engineering, 2017 - 2030 (USD Million)
Table 172 South Africa simulation software market, by service, 2017 - 2030 (USD Million)
Table 173 South Africa simulation software market, by deployment, 2017 - 2030 (USD Million)
Table 174 South Africa simulation software market, by application, 2017 - 2030 (USD Million)
Table 175 South Africa simulation software market, by end use, 2017 - 2030 (USD Million)
Table 176 Participant’s Overview
Table 177 Financial Performance
Table 178 Product Benchmarking
Table 179 Key companies undergoing expansion
Table 180 Key companies involved in mergers & acquisitions
Table 181 Key companies undertaking partnerships and collaboration
Table 182 Key companies launching new product/service launches


List of Figures

Fig.1 Simulation Software Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
Fig.2 Segmentation Outlook
Fig.3 Simulation Software market segmentation
Fig.4 Simulation Software market, 2017 - 2030 (USD Million)
Fig.5 Value Chain Analysis
Fig.6 Market Dynamics
Fig.7 Market Driver Impact Analysis
Fig.8 Market Restraint Impact Analysis
Fig.9 Market Opportunity Impact Analysis
Fig.10 Simulation Software - Key Opportunities Prioritized
Fig.11 Simulation Software Market - Porter’s Five Force Analysis
Fig.12 Simulation Software Market - PEST Analysis
Fig.13 Simulation Software Market, By Component, 2023 & 2030 (USD Million)
Fig.14 Simulation Software Market, By Deployment, 2023 & 2030 (USD Million)
Fig.15 Simulation Software Market, By Application, 2023 & 2030 (USD Million)
Fig.15 Simulation Software Market, By End-Use, 2023 & 2030 (USD Million)
Fig.16 Simulation Software Market, By Region, 2023 & 2030
Fig.17 Simulation Software Market Regional Analyst Notes, 2023 & 2030
Fig.18 Key Company Market Share Analysis, 2023
Fig.19 Company market Position Analysis, 2023
Fig.20 Strategy Analysis, 2023

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Market Segmentation

  • Simulation Software Component Outlook (Revenue, USD Million, 2017 - 2030)
    • Software
    • Services
      • Simulation Development Services
      • Training and Support & Maintenance
  • Simulation Software Deployment Outlook (Revenue, USD Million, 2017 - 2030)
    • On-Premise
    • Cloud
  • Simulation Software Application Outlook (Revenue, USD Million, 2017 - 2030)
    • Engineering, Research, Modeling & Simulated Testing
    • High Fidelity Experiential 3D Training
    • Gaming and Immersive Experiences
    • Manufacturing Process Optimization
    • AI Training & Autonomous Systems
    • Planning and Logistics Management & Transportation
    • Cyber Simulation
  • Simulation Software End-use Outlook (Revenue, USD Million, 2017 - 2030)
    • Conventional Automotive
    • Electric Automotive and Autonomous Vehicles
    • Aerospace & Defense
    • Electrical, Electronics and Semiconductor
    • Healthcare
    • Robotics
    • Entertainment
    • Architectural Engineering and Construction
    • Others
  • Simulation Software Regional Outlook (Revenue, USD Million, 2017 - 2030)
    • North America
      • North America Simulation Software Market, By Component
        • Software
        • Services
          • Simulation Development Services
          • Training and Support & Maintenance
      • North America Simulation Software Market, By Deployment
        • On-Premise
        • Cloud
      • North America Simulation Software Market, By Application
        • Engineering, Research, Modeling & Simulated Testing
        • High Fidelity Experiential 3D Training
        • Gaming and Immersive Experiences
        • Manufacturing Process Optimization
        • AI Training & Autonomous Systems
        • Planning and Logistics Management & Transportation
        • Cyber SimulationOthers
      • North America Simulation Software Market by End-Use
        • Conventional Automotive
        • Electric Automotive and Autonomous Vehicles
        • Aerospace & Defense
        • Electrical, Electronics and Semiconductor
        • Healthcare
        • Robotics
        • Entertainment
        • Architectural Engineering and Construction
        • Others
      • U.S.
        • U.S. Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • U.S. Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • U.S. Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • U.S. Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • Canada
        • Canada Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • Canada Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • Canada Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • Canada Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
    • Europe
      • Europe Simulation Software Market, By Component
        • Software
        • Services
          • Simulation Development Services
          • Training and Support & Maintenance
      • Europe Simulation Software Market, By Deployment
        • On-Premise
        • Cloud
      • Europe Simulation Software Market, By Application
        • Engineering, Research, Modeling & Simulated Testing
        • High Fidelity Experiential 3D Training
        • Gaming and Immersive Experiences
        • Manufacturing Process Optimization
        • AI Training & Autonomous Systems
        • Planning and Logistics Management & Transportation
        • Cyber Simulation
      • Europe Simulation Software Market, By End Use
        • Conventional Automotive
        • Electric Automotive and Autonomous Vehicles
        • Aerospace & Defense
        • Electrical, Electronics and Semiconductor
        • Healthcare
        • Robotics
        • Entertainment
        • Architectural Engineering and Construction
        • Others
      • U.K.
        • U.K. Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
          • U.K. Simulation Software Market, By Deployment
            • On-Premise
            • Cloud
          • U.K. Simulation Software Market, By Application
            • Engineering, Research, Modeling & Simulated Testing
            • High Fidelity Experiential 3D Training
            • Gaming and Immersive Experiences
            • Manufacturing Process Optimization
            • AI Training & Autonomous Systems
            • Planning and Logistics Management & Transportation
            • Cyber Simulation
          • U.K. Simulation Software Market, By End Use
            • Conventional Automotive
            • Electric Automotive and Autonomous Vehicles
            • Aerospace & Defense
            • Electrical, Electronics and Semiconductor
            • Healthcare
            • Robotics
            • Entertainment
            • Architectural Engineering and Construction
            • Others
      • Germany
        • Germany Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • Germany Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • Germany Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • Germany Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • France
        • France Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • France Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • France Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • France Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
    • Asia Pacific
      • Asia Pacific Simulation Software Market, By Component
        • Software
        • Services
          • Simulation Development Services
          • Training and Support & Maintenance
      • Asia Pacific Simulation Software Market, By Deployment
        • On-Premise
        • Cloud
      • Asia Pacific Simulation Software Market, By Application
        • Engineering, Research, Modeling & Simulated Testing
        • High Fidelity Experiential 3D Training
        • Gaming and Immersive Experiences
        • Manufacturing Process Optimization
        • AI Training & Autonomous Systems
        • Planning and Logistics Management & Transportation
        • Cyber Simulation
      • Asia Pacific Simulation Software Market, By End Use
        • Conventional Automotive
        • Electric Automotive and Autonomous Vehicles
        • Aerospace & Defense
        • Electrical, Electronics and Semiconductor
        • Healthcare
        • Robotics
        • Entertainment
        • Architectural Engineering and Construction
        • Others
      • China
        • China Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • China Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • China Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • China Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • India
        • India Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • India Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • India Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • India Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • Japan
        • Japan Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • Japan Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • Japan Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • Japan Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • South Korea
        • South Korea Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • South Korea Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • South Korea Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • South Korea Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • Australia
        • Australia Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • Australia Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • Australia Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • Australia Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
    • Latin America
      • Latin America Simulation Software Market, By Component
        • Software
        • Services
          • Simulation Development Services
          • Training and Support & Maintenance
      • Latin America Simulation Software Market, By Deployment
        • On-Premise
        • Cloud
      • Latin America Simulation Software Market, By Application
        • Engineering, Research, Modeling & Simulated Testing
        • High Fidelity Experiential 3D Training
        • Gaming and Immersive Experiences
        • Manufacturing Process Optimization
        • AI Training & Autonomous Systems
        • Planning and Logistics Management & Transportation
        • Cyber Simulation
      • Latin America Simulation Software Market, By End Use
        • Conventional Automotive
        • Electric Automotive and Autonomous Vehicles
        • Aerospace & Defense
        • Electrical, Electronics and Semiconductor
        • Healthcare
        • Robotics
        • Entertainment
        • Architectural Engineering and Construction
        • Others
      • Brazil
        • Brazil Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • Brazil Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • Brazil Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • Brazil Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • Mexico
        • Mexico Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • Mexico Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • Mexico Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • Mexico Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
    • MEA
      • MEA Simulation Software Market, By Component
        • Software
        • Services
        • Simulation Development Services
        • Training and Support & Maintenance
      • MEA Simulation Software Market, By Deployment
        • On-Premise
        • Cloud
      • MEA Simulation Software Market, By Application
        • Engineering, Research, Modeling & Simulated Testing
        • High Fidelity Experiential 3D Training
        • Gaming and Immersive Experiences
        • Manufacturing Process Optimization
        • AI Training & Autonomous Systems
        • Planning and Logistics Management & Transportation
        • Cyber Simulation
      • MEA Simulation Software Market, By End Use
        • Conventional Automotive
        • Electric Automotive and Autonomous Vehicles
        • Aerospace & Defense
        • Electrical, Electronics and Semiconductor
        • Healthcare
        • Robotics
        • Entertainment
        • Architectural Engineering and Construction
        • Others
      • KSA
        • KSA Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • KSA Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • KSA Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • KSA Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • UAE
        • UAE Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • UAE Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • UAE Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • UAE Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others
      • South Africa
        • South Africa Simulation Software Market, By Component
          • Software
          • Services
            • Simulation Development Services
            • Training and Support & Maintenance
        • South Africa Simulation Software Market, By Deployment
          • On-Premise
          • Cloud
        • South Africa Simulation Software Market, By Application
          • Engineering, Research, Modeling & Simulated Testing
          • High Fidelity Experiential 3D Training
          • Gaming and Immersive Experiences
          • Manufacturing Process Optimization
          • AI Training & Autonomous Systems
          • Planning and Logistics Management & Transportation
          • Cyber Simulation
        • South Africa Simulation Software Market, By End Use
          • Conventional Automotive
          • Electric Automotive and Autonomous Vehicles
          • Aerospace & Defense
          • Electrical, Electronics and Semiconductor
          • Healthcare
          • Robotics
          • Entertainment
          • Architectural Engineering and Construction
          • Others

Simulation Software Market Dynamics

Drivers: Growing Preference For Simulation Software To Optimize Performance Of Electric And Autonomous Vehicles

The escalating concern about the environmental effects of the rising number of vehicles has spurred the advent of electric mobility. The advantages of battery-powered vehicles, such as decreased fossil fuel consumption and lower greenhouse gas emissions, have garnered global attention. Consequently, worldwide automotive companies are investing in the creation of future electric vehicles and the necessary infrastructure to accommodate the increasing use of these vehicles. Simulation software plays a crucial role in the design and production of the battery systems used in electric vehicles. These software tools assist car manufacturers in eliminating the risk of battery systems igniting. The software is also employed to enhance battery design and performance. Simulation tools can potentially assist in simulating current flow and molecular oxidation, thereby optimizing each battery cell for maximum lifespan, sufficient safety, ideal thermal management, and structural integrity. As a result, simulation tools can ultimately help car manufacturers control production costs, increase production, and reduce time to market.

Drivers: Growing Adoption Of Simulation Tools In Aerospace & Defense And Other Industries

Aerospace and defense incumbents are required to comply with numerous strict regulations. As governments continue to enact more stringent regulations, industry incumbents are increasingly facing budgetary constraints, prompting them to seek more efficient and resilient methods for innovating and developing modern aerospace and defense systems. As a result, aerospace manufacturing companies are increasingly focusing on the use of simulation and modeling tools to streamline and optimize their overall manufacturing processes. The application of simulation software in the manufacturing process enables manufacturers to eliminate the costs associated with prototype development, reduce production costs, decrease scrap rates, and increase production rates. The use of simulation during the design phase of the product manufacturing process allows manufacturers to try and test various options before selecting an optimal design without incurring additional costs, thereby reducing lead times. The likelihood of product recalls and certification issues also decreases significantly due to the use of simulation. Simulation tools also play a crucial role in the development of unmanned aerial vehicles (UAVs) for various commercial and defense applications. Recognizing that implementing a UAV prototype can involve higher costs, longer lead times, and potential risks, manufacturers are increasingly relying on simulated models to test the performance and design of UAVs.

Restrains: Budgetary Constraints And Lack Of Skilled Personnel Restricting Adoption Of Simulation Tools

The utilization of simulation software can be a challenging task for individuals without proper training. Effective use of such software requires a deep understanding and knowledge of its functions and applications for various purposes, including design analysis. Hence, companies tend to hire trained personnel to operate and manage the simulation tools. Large organizations may find it easier to invest in acquiring simulation software and establishing a dedicated team of skilled engineers to operate and analyze product designs using the simulation platform. However, small, and medium enterprises (SMEs) often face budgetary constraints, a shortage of skilled workforce, and a lack of adequate market knowledge, among other factors, which hinder them from adopting the latest technology to meet their manufacturing needs. Consequently, the adoption rate of simulation tools is relatively lower among SMEs. Nevertheless, several simulation software vendors have begun to offer training services, which is particularly beneficial for smaller businesses that are willing to adopt simulation technology and enhance their product offerings. As a result of this initiative, simulation software vendors have already begun to report an increasing demand for simulation software tools from SMEs. However, large corporations are expected to continue to dominate the market over the forecast period due to their large-scale operations, which enable economies of scale.

What Does This Report Include?

This section will provide insights into the contents included in this simulation software market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Simulation software market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Simulation software market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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Research Methodology

A three-pronged approach was followed for deducing the simulation software market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for simulation software market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of simulation software market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Simulation Software Market Categorization:

The simulation software market was categorized into five segments, namely component (Software, Services), deployment (On-Premise, Cloud), application (Engineering, Research, Modeling & Simulated Testing, High Fidelity Experiential 3D Training, Gaming & Immersive Experiences, Manufacturing Process Optimization, AI Training & Autonomous Systems, Planning And Logistics Management & Transportation, Cyber Simulation), end-use (Automotive, Aerospace & Defense, Industrial, Electronics & Semiconductor, Transportation & Logistics, Healthcare), regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

Segment Market Methodology:

The simulation software market was segmented into component, deployment, application, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The simulation software market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into ten countries, namely, the U.S.; Canada; the UK; Germany; France; China; Japan; India; Brazil; Mexico.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Simulation software market companies & financials:

The simulation software market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • Siemens - Siemens is a technology conglomerate that specializes in electrification, digitalization, and automation businesses. The company is engaged in industrial manufacturing and operates numerous production facilities, sales offices, distribution centers, and research and development centers worldwide. Siemens functions through a variety of divisions, including gas & power, energy management, wind power & renewable, mobility, digital factory, process industries, building technology, power generation services, healthcare, and financial services. The company provides CAE software under the Siemens product lifecycle management software segment, a subdivision of the digital factory business division. Siemens’ CAE software portfolio includes Simcenter 3D, NX Nastran, STAR-CCM+, LMS Virtual Lab, LMS Samtech, HEEDS, Femap, and Solid Edge Simulation. Siemens has an extensive geographic footprint that spans the Americas, Asia Pacific, Europe, and the Middle East & Africa.

  • ANSYS, Inc. - ANSYS, Inc. is a company that specializes in the creation and distribution of engineering simulation software. They utilize a platform known as Workbench to construct their simulation technologies. Their product portfolio encompasses 3D design software, electromagnetic field simulation, computational fluid dynamics, optical simulation, semiconductors, structural analysis, and systems modeling, simulation, and validation. The company caters to a wide range of industries and industry verticals, such as automotive, industrial equipment and rotating machinery, materials & chemical processing, aerospace & defense, construction, consumer goods, and healthcare. In addition to their product offerings, ANSYS, Inc. also provides consulting and training services. ANSYS, Inc. is a publicly listed company on the NASDAQ stock exchange under the ticker symbol NASDAQ: ANSS. They have an extensive geographic footprint that covers North America, Europe, Asia Pacific, and MEA. The company has consistently invested in research & development activities, with investments of USD 233.8 million in 2018, USD 298.2 million in 2019, and USD 355.4 million in 2020.

  • Altair Engineering, Inc. - Altair Engineering, Inc. is a provider of high-quality engineering software. Their products are marketed under the brands HyperWorks, solidThinking, PBS Works, and SmartWorks. The company’s services encompass product engineering, industrial designs, and custom solutions. They also provide cloud solutions for businesses. Altair Engineering, Inc. serves a diverse range of industries and industry verticals, including aerospace, automotive & transportation, electronics, energy, heavy industry, architecture, engineering & construction, consumer products, life sciences, and marine & shipbuilding. The company has an extensive geographic presence that spans North America, Europe, Asia Pacific, Oceania, South America, and Middle East & Africa. They have several channel partners who resell their suite of software solutions, including A R Technologies of India, and AIREX Industries Corp. of Taiwan, among others. Their technology partners include AMD of the U.S., IBM of the U.S., and Dell of the U.S., among others. The company has made significant investments in research & development activities, with investments of USD 117.5 million in 2019, and USD 126.1 million in 2020.

  • Autodesk, Inc. - Autodesk, Inc. is a company that specializes in providing design software and services. It caters to a wide range of industries such as engineering, architecture, manufacturing, construction, and media & entertainment. Most of the company’s revenue comes from the Americas, particularly the U.S., with Europe, Middle East, and Africa (EMEA) following closely. The company’s AEC segment provides a variety of products including Autodesk building design suite, Autodesk Revit, Autodesk infrastructure design suites, AutoCAD civil 3D, and AutoCAD map 3D. In the manufacturing business segment, Autodesk offers product design suites, Autodesk Inventor, AutoCAD Mechanical, and Autodesk Moldflow. Autodesk faces competition from several small and large companies, including AVEVA Group plc, Dassault Systèmes S.A., Bentley Systems, Inc., Adobe Systems Incorporated, MSC Software Corporation, Oracle Corporation, Siemens PLM, and 3D Systems Corporation, among others. Autodesk has a broad geographic footprint, covering the Americas, Europe, Asia Pacific, and Middle East & Africa. To broaden its customer base, the company provides flexible product licenses. Autodesk has made significant investments in research & development, with USD 725 million in F.Y. 2019, USD 851.1 million in F.Y. 2020, and USD 932.5 million in F.Y. 2021. Autodesk is a publicly listed company on the NASDAQ stock exchange under the ticker symbol ADSK.

  • Bentley Systems, Inc. - Bentley Systems, Inc. is a company that specializes in the development, licensing, and sale of computer software, as well as providing services for the design, construction, and operation of infrastructure. Its main software products are ProjectWise, MicroStation, and AssetWise. The company offers a wide range of products and services, including asset lifecycle information management, bridge analysis, asset reliability, building design, hydraulics & hydrology, modeling & visualization, mine design, operational analytics, plant design, reality modeling, and project delivery, among others. Bentley Systems, Inc. markets its products under various brand names, such as AECOsim, ConstructSim, AssetWise, AutoPIPE, AutoPLANT, AXSYS, Communications, and LEAP, to name a few. The company’s services include managed services and professional services. Bentley Systems, Inc. has a significant presence across various regions, including North America, South America, Europe, Asia Pacific, and MEA. The company has made substantial investments in research & development, with USD 175 million in 2018, USD 183.6 million in 2019, and USD 185.5 million in 2020.

  • Dassault Systemes - Dassault Systemes is a company that specializes in the development of 3D designs, product lifecycle management software, and 3D digital mock-ups. The company’s product portfolio includes ENOVIA, CATIA, 3DEXCITE, SOLIDWORKS, DELMIA, GEOVIA, BIOVIA, SIMULIA, 3DVIA, EXALEAD, and NETVIBES. The company serves a variety of industries and industry verticals, such as aerospace & defense, industrial equipment, energy, process & utilities, consumer goods, retail, life sciences, marine & offshore, and transportation & mobility. In addition to its products, Dassault Systemes also provides training services, which include classes & course catalogs, certification programs, e-learning, and customized services. Dassault Systemes is a subsidiary of the Dassault Group and is publicly traded on the Euronext stock exchange under the ticker symbol DSY. The company has a wide geographic reach, with a presence in North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Dassault Systemes has made significant investments in research and development, with USD 721.85 million in 2018, USD 826.35 million in 2019, and USD 1,047.52 million in 2020.

  • ESI Group - ESI Group is a company that specializes in providing virtual prototyping software. It offers solutions for a variety of applications, including virtual manufacturing, virtual reality, virtual performance, composites, fluid dynamics, sheet metal forming, system simulation, welding & assembly, and system modeling. The company operates two main business activities: licensing and services. In the licensing activity, ESI Group markets software packages in the form of licenses, which are available for use based on an annual fee. Under the services activity, the company provides consulting services related to virtual prototyping. ESI Group’s solutions cater to a wide range of industries and industry verticals, such as aerospace & defense, energy & power, ground transportation, heavy industry & machinery, marine, and electronics & consumer goods. The company has a broad geographic footprint, covering the Americas, Europe, Asia Pacific, and Oceania. ESI Group has made significant investments in research and development, with USD 33.4 million in 2019 and USD 37.9 million in 2020.

  • Simulations Plus - Simulations Plus is a company that specializes in providing modeling and simulation software, as well as consulting services that aid in drug discovery, regulatory submissions, and development research. The company operates through three subsidiaries: Cognigen Corporation, DILIsym Services, and Lixoft. Through these subsidiaries, Simulations Plus offers solutions that connect quantitative systems, pharmacology/toxicology, machine learning, population PK/PD modeling, and physiologically based biopharmaceutics/pharmacokinetics approaches. In addition to this, Simulations Plus designs and develops pharmaceutical simulation software that is used by pharmaceutical researchers and medical students, among others. The company’s software and consulting services are utilized by a variety of pharmaceutical, biotechnology, chemical, and consumer goods companies, as well as regulatory agencies worldwide. Simulations Plus has a global presence, with operations in various countries across North America, South America, Europe, and Asia.

  • GSE Systems, Inc. - GSE Systems, Inc. is a company that specializes in providing engineering services and technology. It offers staffing solutions and simulation software to industries involved in power generation and processing. The company also offers a range of professional services, including procedure writing, engineering, planning, Senior Reactor Operator (SRO) training schedules, and personnel training. These services are focused on achieving certification in the nuclear power industry and ensuring regulatory compliance. The company operates through two main segments: Nuclear Industry Training and Consulting, and Performance Improvement Solutions. The Performance Improvement Solutions segment encompasses various operation training systems, simulation products, and engineering services. As part of its simulation products, the company offers software and services for the nuclear power industry, fossil power industry, and process industries. The Nuclear Industry Training and Consulting segment provides procedure writers, technical engineers, nuclear operations instructors, and other consultants to players in the nuclear power industry. GSE Systems, Inc. is a publicly traded company, listed on the NASDAQ Stock Exchange under the ticker symbol GVP. The company has a significant presence in the U.S. and China.

  • ROCKWELL AUTOMATION, INC - Rockwell Automation, Inc. is a company that specializes in industrial automation and information services. Its operations are divided into two main categories: architecture & software and control products & solutions. The company’s major brands include Allen-Bradley, Rockwell Software, and Rockwell Automation. The company caters to several markets, including the transportation sector (which includes automotive & tires), consumer industries (which include home & personal care, food & beverages, and life sciences), and heavy industries (which include mining, oil & gas, chemicals, and metals). Rockwell Automation, Inc. operates in over 80 countries worldwide. It faces competition from major companies such as Siemens, ABB Ltd., Emerson Electric Co., Honeywell International Inc., Schneider Electric SA, and Mitsubishi Electric Corp, among others. The company’s distribution network primarily consists of distributors, who contribute to approximately 75% of the company’s global sales. Rockwell Automation, Inc. has made substantial investments in research & development, with approximately USD 371.8 million in 2018, USD 378.9 million in 2019, and USD 371.5 million in 2020.

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

Simulation Software Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2022, historic information from 2017 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Simulation Software Market Report Assumptions:

  • The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

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