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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Simulation Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global simulation software market exhibited strong growth during 2015-2020. Simulation software enables companies to create a real-time environment for observing an operation and testing the applicability and efficiency of numerous products and processes. It also allows examining of the modified or same system with various inputs and tracking responses. It offers various benefits, such as reducing the overall expenditure and minimizing costs incurred on training. As a result, simulation software is widely employed in the aerospace and defense and automotive sector across the world. 

The growing popularity of autonomous and electric vehicles (EVs) on account of rising environmental concerns represents one of the key factors driving the market. The manufacturers of these vehicles are relying on simulation software to test their efficiency and effectiveness by using real-world situations. Apart from this, the software helps to develop prototypes and test them virtually and assists in producing error-free output by avoiding the production of faulty products. It also saves time spent on research and development (R&D) activities, which is positively influencing its overall sales. With a rapid increase in the expenses incurred on prototypes and curbing faults of the existing products, there is widespread adoption of simulation software to reduce the need for manually testing multiple prototypes and subsequently minimizing the chances of product failure. Besides this, the leading manufacturers are significantly investing in the development of artificial intelligence (AI)-related technologies. This, in turn, is anticipated to escalate the demand for simulation software across the world. Looking forward, IMARC Group expects the global simulation software market to grow at a CAGR of around 13% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global simulation software market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, deployment and end use.

Breakup by Component:

  • Software
  • Service
     

Breakup by Deployment:

  • On-premises
  • Cloud-based
     

Breakup by End Use:

  • Automotive
  • Aerospace and Defense
  • Electrical and Electronics
  • Industrial Manufacturing
  • Healthcare
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Altair Engineering Inc., Ansys Inc., Autodesk Inc., Bentley Systems Incorporated, Dassault Systèmes, PTC Inc., Rockwell Automation Inc., Siemens AG, Simul8 Corporation, The AnyLogic Company and The MathWorks Inc.

Key Questions Answered in This Report:

  • How has the global simulation software market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global simulation software market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the deployment?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global simulation software market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Simulation Software Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Software
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Service
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Deployment
    7.1    On-premises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Cloud-based
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use
    8.1    Automotive
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Aerospace and Defense
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electrical and Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Industrial Manufacturing
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Healthcare
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Altair Engineering Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
        14.3.2    Ansys Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Autodesk Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Bentley Systems Incorporated
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Dassault Systèmes
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    PTC Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Rockwell Automation Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Siemens AG
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Simul8 Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    The AnyLogic Company
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    The MathWorks Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Simulation Software Market: Major Drivers and Challenges
Figure 2: Global: Simulation Software Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Simulation Software Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Simulation Software Market: Breakup by Component (in %), 2020
Figure 5: Global: Simulation Software Market: Breakup by Deployment (in %), 2020
Figure 6: Global: Simulation Software Market: Breakup by End Use (in %), 2020
Figure 7: Global: Simulation Software Market: Breakup by Region (in %), 2020
Figure 8: Global: Simulation Software (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Simulation Software (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Simulation Software (Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Simulation Software (Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Simulation Software (On-premises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Simulation Software (On-premises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Simulation Software (Cloud-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Simulation Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Simulation Software (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Simulation Software (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Simulation Software (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Simulation Software (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Simulation Software (Electrical and Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Simulation Software (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Simulation Software (Industrial Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Simulation Software (Industrial Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Simulation Software (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Simulation Software (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Simulation Software (Other End Uses) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Simulation Software (Other End Uses) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: North America: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: United States: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: United States: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Canada: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Canada: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Asia-Pacific: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia-Pacific: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: China: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: China: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Japan: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Japan: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: India: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: India: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: South Korea: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: South Korea: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Australia: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Australia: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Indonesia: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Indonesia: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Others: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Others: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Europe: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Europe: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Germany: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Germany: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: France: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: France: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: United Kingdom: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: United Kingdom: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Italy: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Italy: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Spain: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Spain: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Russia: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Russia: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Others: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Others: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Latin America: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Latin America: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Brazil: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Brazil: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Mexico: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Mexico: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Others: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Others: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Middle East and Africa: Simulation Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Middle East and Africa: Simulation Software Market: Breakup by Country (in %), 2020
Figure 76: Middle East and Africa: Simulation Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Global: Simulation Software Industry: SWOT Analysis
Figure 78: Global: Simulation Software Industry: Value Chain Analysis
Figure 79: Global: Simulation Software Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Simulation Software Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Simulation Software Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Simulation Software Market Forecast: Breakup by Deployment (in Million US$), 2021-2026
Table 4: Global: Simulation Software Market Forecast: Breakup by End Use (in Million US$), 2021-2026
Table 5: Global: Simulation Software Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Simulation Software Market: Competitive Structure
Table 7: Global: Simulation Software Market: Key Players

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