Architecture, Engineering, and Construction (AEC) Software Market By Type (Design Automation, Drafting & 3D Modeling, Plant Design, Product Design & Testing, and Others), By Application (Buildings, Civil Infrastructure, Industrial, Oil & Gas, Utilities, and Others), Industry Trends, Estimation & Forecast, 2023-2030

Market Overview

Architecture, Engineering, and Construction (AEC) software makes use of computing visualization tools in the case of complex residential and commercial buildings to strategize about the phases of the construction. The software takes into consideration every aspect of the building, from initial stages of planning to the completed phase and the consequent maintenance afterward, creating multi-dimensional models for further analysis.

Market Dynamics

The growing incorporation of computing technologies for large-scale construction and rapid rate of urbanization and industrialization on a global scale are the primary factors driving the market growth. The features of visualization in every aspect of construction in the building of large-scale projects help eliminate any possible bottleneck or delaying issue, enabling quicker completion of the project. Additionally, any engineering or design modifications required to the buildings would be incorporated at the start, such that all involved parties are satisfied with the final designs. The use of the Architecture, Engineering, and Construction (AEC) software eliminates possibilities of project delay, ensuring the completion of construction within the stipulated timeline. However, high costs of software incorporation and a lack of cybersecurity measures might hamper the market growth. The additional investments into the procurement of appropriate equipment for the smooth running of the software are also added to the final pricing structure of the software products. The lack of cybersecurity protection against possible data theft is also a cause of concern, acting as barriers to the growth of the market. The growth in the adoption of BIM modules for buildings & construction and increasing infrastructural development in emerging countries would provide lucrative opportunities for the market in the coming years. The rising demand to achieve optimization of resources and estimated financial spending have increased the adoption of the Architecture, Engineering, and Construction (AEC) software, offering new possibilities of business expansion to the key players.
 
Market Segmentation

The global Architecture, Engineering, and Construction (AEC) software market is mainly classified based on Type and Application. Type is further segmented into Design Automation, Drafting & 3D Modeling, Plant Design, Product Design & Testing, and Others. By Application, the market is divided into Buildings, Civil Infrastructure, Industrial, Oil & Gas, Utilities, and Others.

The Drafting & 3D Modeling segment by Type holds a substantial share in terms of overall market value owing to the rapid implementation of advanced computing technologies for the digital visualization of the final building structure before the commencement of construction.

In terms of Application, the Buildings segment would register significant growth during the forecast period owing to the rising number of buildings that are being first modeled on computing software for an estimation of spending and raw materials required.

Regional Analysis

Based on geography, the global Architecture, Engineering, and Construction (AEC) software market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America is a prominent region and holds a considerable share in terms of overall market value owing to the rising adoption of high-end software technologies in the construction of commercial and residential buildings. The use of virtual modeling techniques to implement effective structural designs into industrial products would also propel the growth prospects of the regional market.

Competitive landscape

The Architecture, Engineering, and Construction (AEC) software market is moderately fragmented, with several global and regional players offering expansive software capabilities that cater to the needs of the customers.

Key players operating in the Architecture, Engineering, and Construction (AEC) software industry include Ansys, Inc., Archon Engineering, PC, Autodesk, Inc., AVEVA Group plc, Bentley Systems, Inc., Computers and Structures, Inc., Construsoft B.V., Dassault Systemes SE, GEOTEC Software Inc., Hexagon AB, PTC Inc., and Trimble Inc.

The expansion in business capabilities through strategic partnerships and collaborations and the launch of new software after thorough development are the primarily followed business strategies of the key players looking to capture substantial market share during the forecast period.

Architecture, Engineering, and Construction (AEC) Software Market Key Segments

By Type
• Design Automation
• Drafting & 3D Modeling
• Plant Design
• Product Design & Testing
• Others

By Application
• Buildings
• Civil Infrastructure
• Industrial
• Oil & Gas
• Utilities
• Others

Key Global Architecture, Engineering, and Construction (AEC) Software Industry Players

• Ansys, Inc.
• Archon Engineering, PC
• Autodesk, Inc.
• AVEVA Group plc
• Bentley Systems, Inc.
• Computers and Structures, Inc.
• Construsoft B.V.
• Dassault Systemes SE
• GEOTEC Software Inc.
• Hexagon AB
• PTC Inc.
• Trimble Inc.

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Architecture, Engineering, and Construction (AEC) Software Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Growing incorporation of computing technologies for large-scale construction
3.3.2. Rapid rate of urbanization and industrialization on a global scale
3.4. Restraints
3.4.1. High costs of software incorporation and lack of cybersecurity measures
3.5. Opportunity
3.5.1. Growth in adoption of BIM modules for buildings & construction
3.5.2. Increasing infrastructural development in emerging countries
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Design Automation
4.2.1. Market Size & Forecast
4.3. Drafting & 3D Modeling
4.3.1. Market Size & Forecast
4.4. Plant Design
4.4.1. Market Size & Forecast
4.5. Product Design & Testing
4.5.1. Market Size & Forecast
4.6. Others
4.6.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Buildings
5.2.1. Market Size & Forecast
5.3. Civil Infrastructure
5.3.1. Market Size & Forecast
5.4. Industrial
5.4.1. Market Size & Forecast
5.5. Oil & Gas
5.5.1. Market Size & Forecast
5.6. Utilities
5.6.1. Market Size & Forecast
5.7. Others
5.7.1. Market Size & Forecast

6. Architecture, Engineering, and Construction (AEC) software Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Architecture, Engineering, and Construction (AEC) software Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Type
6.2.3. North America Market Size & Forecast, By Application
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Architecture, Engineering, and Construction (AEC) software Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Type
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Russia
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Architecture, Engineering, and Construction (AEC) software Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Type
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Architecture, Engineering, and Construction (AEC) software Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Type
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Architecture, Engineering, and Construction (AEC) software Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Type
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Ansys, Inc.
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Ansys, Inc. Product Category, Application, and Specification
7.1.3. Ansys, Inc. Financial Performance (2016-2019)
7.1.4. Main Business/Business Overview
7.2. Archon Engineering, PC
7.3. Autodesk, Inc.
7.4. AVEVA Group plc
7.5. Bentley Systems, Inc.
7.6. Computers and Structures, Inc.
7.7. Construsoft B.V.
7.8. Dassault Systemes SE
7.9. GEOTEC Software Inc.
7.10. Hexagon AB
7.11. PTC Inc.
7.12. Trimble Inc.