How big is the Generative Design Market?

The Generative Design Market size is expected to reach USD 3.81 billion in 2024 and grow at a CAGR of 15.41% to reach USD 7.80 billion by 2029. Read More

What is the current Generative Design Market size?

In 2024, the Generative Design Market size is expected to reach USD 3.81 billion. Read More

Who are the key players in Generative Design Market?

Altair Engineering Inc., Autodesk Inc., ANSYS inc., Dassault Systèmes SE and Hexagon AB are the major companies operating in the Generative Design Market. Read More

Which is the fastest growing region in Generative Design Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Generative Design Market?

In 2024, the North America accounts for the largest market share in Generative Design Market. Read More

What years does this Generative Design Market cover, and what was the market size in 2023?

In 2023, the Generative Design Market size was estimated at USD 3.30 billion. The report covers the Generative Design Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Generative Design Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Generative Design Market - Companies & Size

Generative Design Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Generative Design Market Growth and it is segmented by Deployment (On-premise, Cloud), End User Vertical (Automotive, Aerospace and Defense, Architecture and Construction, Manufacturing Machinery), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Generative Design Industry Overview

The market for Generative Design is moderately fragmented. The presence of several companies, including Altair Engineering Inc. and ANSYS Inc., makes the competitive environment quite intense. Factors such as the growing demand from the automotive industry and the availability of trial or free versions of the generative design will provide considerable growth opportunities for generative design manufacturers. The major companies covered in this report are Autodesk Inc., Dassault Systèmes SE, and Desktop Metal Inc.

In June 2022 - The global computational science and artificial intelligence (AI) company Altair recently purchased the Gen3D startup from the University of Bath in the United Kingdom. When it comes to using the implicit geometry method to describe highly complex geometries, like lattice structures, Gen3D is a pioneer in additive manufacturing.

In October 2022 - To accelerate the adoption of additive manufacturing (AM) for production applications with a focus on the biggest manufacturers in the world, Siemens and Desktop Metal, Inc., market leaders in digitalization and additive manufacturing technologies, have announced a multifaceted partnership.