PUBLISHER: Acute Market Reports | PRODUCT CODE: 1132043
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1132043
Offshore Structural Analysis Software Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Growing Oil & Gas Market to Boost the Growth of Offshore Structural Analysis Software Market
The offshore structural analysis software market worldwide is expected to grow with a CAGR of 4.4% during the forecast period from 2022 to 2030, starting from US$ 510.30 Mn in 2021. Growth of oil & gas industry and increasing demand for cost-effective offshore worldwide are driving the offshore structural analysis software market. Growing demand of the software by engineers, contractors and architects has led the market growth. 3D designing, estimation & planning for the projects and others are some of the major benefits of offshore structural analysis software, which are driving the growth of the market. Thus, we expect that the offshore structural analysis software market will show substantial growth during the forecast period.
Oil & Gas Segment to Continue Leading the Market
The offshore structural analysis software market by application is led by oil & gas segment in 2021. The segment has the largest revenue share with contribution of around 40% in the same year. The oil & gas industry will grow at a CAGR of around 7% in years to come. Rising oil & gas industry is the major reason for the growth of the segment. Growing number of oil & gas projects worldwide are helping the segment to grow. As a result, we expect that the oil & gas segment will continue its dominance throughout the forecast period 2022-2030.
Asia Pacific to Continue Leading the Market
In 2021, Asia Pacific leads the offshore structural analysis software market. Asia Pacific contributes around 35% of the revenue share in the same year. Rising oil & gas industry, growing investments for offshore projects and others are the major reasons for the growth of the region. China and India will be the major contributor in the growth of Asia Pacific offshore structural analysis software market. Growing government investments for offshore projects in the aforementioned countries is the major reason of their contribution. Therefore, we expect that Asia Pacific will continue leading the offshore structural analysis software market throughout the forecast period.
Some of the prominent players operating in the offshore structural analysis software market: DNV GL AS, John Wood Group PLC, Ramboll group A/S, Stewart technology Associates, Viking Systems, Inc., Zebec Marine Consultants and Services, Dlubal Software GmbH, Baker Enginnering & Risk Consultants Inc., BMT Group Ltd., Bentley Systems Inc. among others.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Offshore Structural Analysis Software market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Offshore Structural Analysis Software market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
- Research Period: 2020-2030
- Base Year: 2021
- Forecast Period: 2022-2030
- Historical Year: 2020
- Unit: USD Million
Segmentation
Component
- Software
- Services
End-use
- Maritime
- Oil & Gas
- Power Generation
- Government & Defence
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Offshore Structural Analysis Software market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Offshore Structural Analysis Software market?
- Which is the largest regional market for Offshore Structural Analysis Software market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Offshore Structural Analysis Software market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Offshore Structural Analysis Software market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Offshore Structural Analysis Software Market
- 2.2. Global Offshore Structural Analysis Software Market, By Component, 2021 (US$ Million)
- 2.3. Global Offshore Structural Analysis Software Market, By End-use, 2021 (US$ Million)
- 2.4. Global Offshore Structural Analysis Software Market, By Geography, 2021 (US$ Million)
- 2.5. Impact of Covid 19
- 2.6. Attractive Investment Proposition by Geography, 2021
- 2.7. Competitive Analysis
- 2.7.1. Market Positioning of Key Offshore Structural Analysis Software Market Vendors
- 2.7.2. Strategies Adopted by Offshore Structural Analysis Software Market Vendors
- 2.7.3. Key Industry Strategies
3. Offshore Structural Analysis Software Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Offshore Structural Analysis Software Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Offshore Structural Analysis Software Market: By Component, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Software
- 4.3.2. Services
5. Offshore Structural Analysis Software Market: By End-use, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Maritime
- 5.3.2. Oil & Gas
- 5.3.3. Power Generation
- 5.3.4. Government & Defence
6. North America Offshore Structural Analysis Software Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Offshore Structural Analysis Software Market: By Component, 2020-2030, USD (Million)
- 6.3. Offshore Structural Analysis Software Market: By End-use, 2020-2030, USD (Million)
- 6.4.Offshore Structural Analysis Software Market: By Region, 2020-2030, USD (Million)
- 6.4.1.North America
- 6.4.1.1. U.S.
- 6.4.1.2. Canada
- 6.4.1.3. Rest of North America
- 6.4.1.North America
7. UK and European Union Offshore Structural Analysis Software Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Offshore Structural Analysis Software Market: By Component, 2020-2030, USD (Million)
- 7.3. Offshore Structural Analysis Software Market: By End-use, 2020-2030, USD (Million)
- 7.4.Offshore Structural Analysis Software Market: By Region, 2020-2030, USD (Million)
- 7.4.1.UK and European Union
- 7.4.1.1. UK
- 7.4.1.2. Germany
- 7.4.1.3. Spain
- 7.4.1.4. Italy
- 7.4.1.5. France
- 7.4.1.6. Rest of Europe
- 7.4.1.UK and European Union
8. Asia Pacific Offshore Structural Analysis Software Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Offshore Structural Analysis Software Market: By Component, 2020-2030, USD (Million)
- 8.3. Offshore Structural Analysis Software Market: By End-use, 2020-2030, USD (Million)
- 8.4.Offshore Structural Analysis Software Market: By Region, 2020-2030, USD (Million)
- 8.4.1.Asia Pacific
- 8.4.1.1. China
- 8.4.1.2. Japan
- 8.4.1.3. India
- 8.4.1.4. Australia
- 8.4.1.5. South Korea
- 8.4.1.6. Rest of Asia Pacific
- 8.4.1.Asia Pacific
9. Latin America Offshore Structural Analysis Software Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Offshore Structural Analysis Software Market: By Component, 2020-2030, USD (Million)
- 9.3. Offshore Structural Analysis Software Market: By End-use, 2020-2030, USD (Million)
- 9.4.Offshore Structural Analysis Software Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Latin America
- 9.4.1.1. Brazil
- 9.4.1.2. Mexico
- 9.4.1.3. Rest of Latin America
- 9.4.1.Latin America
10. Middle East and Africa Offshore Structural Analysis Software Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Offshore Structural Analysis Software Market: By Component, 2020-2030, USD (Million)
- 10.3. Offshore Structural Analysis Software Market: By End-use, 2020-2030, USD (Million)
- 10.4.Offshore Structural Analysis Software Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Middle East and Africa
- 10.4.1.1. GCC
- 10.4.1.2. Africa
- 10.4.1.3. Rest of Middle East and Africa
- 10.4.1.Middle East and Africa
11. Company Profile
- 11.1. DNV GL AS
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. John Wood Group PLC
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. Ramboll group A/S
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. Stewart technology Associates
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. Viking Systems, Inc.
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Zebec Marine Consultants and Services
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. Dlubal Software GmbH
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Baker Enginnering & Risk Consultants Inc.
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. BMT Group Ltd.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. Bentley Systems Inc.
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Offshore Structural Analysis Software Market By Component, 2020-2030, USD (Million)
- TABLE 2 Global Offshore Structural Analysis Software Market By End-use, 2020-2030, USD (Million)
- TABLE 3 North America Offshore Structural Analysis Software Market By Component, 2020-2030, USD (Million)
- TABLE 4 North America Offshore Structural Analysis Software Market By End-use, 2020-2030, USD (Million)
- TABLE 5 UK and European Union Offshore Structural Analysis Software Market By Component, 2020-2030, USD (Million)
- TABLE 6 UK and European Union Offshore Structural Analysis Software Market By End-use, 2020-2030, USD (Million)
- TABLE 7 Asia Pacific Offshore Structural Analysis Software Market By Component, 2020-2030, USD (Million)
- TABLE 8 Asia Pacific Offshore Structural Analysis Software Market By End-use, 2020-2030, USD (Million)
- TABLE 9 Latin America Offshore Structural Analysis Software Market By Component, 2020-2030, USD (Million)
- TABLE 10 Latin America Offshore Structural Analysis Software Market By End-use, 2020-2030, USD (Million)
- TABLE 11 Middle East and Africa Offshore Structural Analysis Software Market By Component, 2020-2030, USD (Million)
- TABLE 12 Middle East and Africa Offshore Structural Analysis Software Market By End-use, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Offshore Structural Analysis Software Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Offshore Structural Analysis Software Market: Quality Assurance
- FIG. 5 Global Offshore Structural Analysis Software Market, By Component, 2021
- FIG. 6 Global Offshore Structural Analysis Software Market, By End-use, 2021
- FIG. 7 Global Offshore Structural Analysis Software Market, By Geography, 2021
- FIG. 8 Global Offshore Structural Analysis Software Market, By Component, 2021 Vs 2030, %
- FIG. 9 Global Offshore Structural Analysis Software Market, By End-use, 2021 Vs 2030, %
- FIG. 10 U.S. Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 11 Canada Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 12 Rest of North America Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 13 UK Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 14 Germany Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 15 Spain Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 16 Italy Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 17 France Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 18 Rest of Europe Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 19 China Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 20 Japan Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 21 India Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 22 Australia Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 23 South Korea Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 24 Rest of Asia Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 25 Brazil Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 26 Mexico Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 27 Rest of Latin America Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 28 GCC Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 29 Africa Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
- FIG. 30 Rest of Middle East and Africa Offshore Structural Analysis Software Market (US$ Million), 2020 - 2030
