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Offshore Structural Analysis Software Market

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Offshore Structural Analysis Software Market- Many Industries Face A Unique Set Of
Challenges In An Increasingly Competitive Market Place
According to a new market report published by Transparency Market Research, the global
offshore structural analysis software market is projected to reach US$ 818.1 Mn by 2026. The
market is expected to expand at a CAGR of 6.3% during the forecast period from 2018 to 2026.
Furthermore, software is expected to account for highest market share in the year 2018 due to
rising demand for cloud based engineering software that provides greater ease, storage, and
security. Asia Pacific is anticipated to lead the global offshore structural analysis software
market during the forecast period, followed by North America, Europe, Middle East & Africa,
and South America.
Digital Engineering and 3D Technology
Today many industries face a unique set of challenges in an increasingly competitive market
place. 3D designing plays a crucial role in various sectors. 3D technology can help with the
toughest engineering problems. 3D software helps to build innovative designs and drives
business. 3D design technology enables the rapid transformation of new ideas into great
products. 3D experience platforms for offshore help enhance how offshore structures are
designed and built. 3D modular design enables companies of any size to design the exact type of
system that meets their workload and workflow requirements. For instance, Intergraph, an
American software development and services company offers a full suite of solutions of all the
capabilities required to build and design different types of marine assets. The company’s 3D
offshore software boosts production flexibility and reduces the time taken to design and
construct world-class facilities.
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Global Offshore Structural Analysis Software Market: Scope of the Report
The global offshore structural analysis software market has been segmented based on
component, end-use industry, and geography. Based on component, the market is segmented into
software and services.
Asia Pacific led the global offshore structural analysis software market, accounting for
substantial share in 2017.China is the major market for offshore structural analysis software in
the region. Offshore structural analysis software is also gaining popularity in other Asian
countries such as Indonesia and South Korea.The market in North America, Europe, Middle East
& Africa, and South America is expected to expand at a rapid pace during the forecast period.
Global Offshore Structural Analysis Software Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global offshore
structural analysis software market. Key players profiled in the report include DNV GL AS, John
Wood Group PLC, Ramboll Group A/S, Stewart Technology Associates, Viking Systems, Inc.,
Zebec Marine Consultant and Services, Dlubal Software GmbH, Baker Engineering and Risk
Consultants, Inc., Bentley Systems Inc., and BMT Group Ltd.
Author
monali raghu
monali raghu349   documents Email
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