Market Research Report
Opportunities in Additive Manufacturing Software Markets 2020
|Published by||SmarTech Analysis||Product code||941789|
|Published||Content info||52 Pages
Delivery time: 1-2 business days
|Opportunities in Additive Manufacturing Software Markets 2020|
|Published: June 16, 2020||Content info: 52 Pages||
2020 will be a landmark year in history for a number of reasons, and for the additive manufacturing industry. The COVID-19 global pandemic has thrown nearly every industry, institution, and facet of life-hopefully briefly-into a period of uncertainty. Economically speaking, manufacturing is likely to experience shockwaves from the supply chain interruptions and government restrictions placed on people and businesses for several years. The additive manufacturing industry, however, has risen to the challenge of manufacturing in the midst of the crisis, putting additive technologies as a whole back once again into the spotlight of the technology world.
Additive manufacturing software solutions will play a pivotal role in realizing and expanding the vision for AM. While this has always been true, even before 2020, over the past three years the software market for additive manufacturing has evolved to the point that it is now actively improving the outcomes for many users by achieving connectivity and cohesion of solution in both design for additive manufacturing and execution.
Just three years ago, the majority of AM software opportunities were associated with data preparation software packages, which have been the longstanding flagship tools of the AM software industry, such as Materialise Magics and Autodesk Netfabb. Machine processing software sold by third parties, again dominated by Materialise, also were top in terms of overall revenue generation. Today, the opportunities have shifted dramatically to design optimization, simulation, and manufacturing execution software, primarily driven by continued interest in shifting additive manufacturing technologies into production applications.
This report, the first to look at the burgeoning additive software market since SmarTech Analysis published the world's first deep dive market study on the topic in 2017, seeks to re-evaluate the current and future opportunities for AM in the new era of additive software. With the largest names in CADCAM, CAE, and PLM software tools now building out additive capabilities directly into the platforms which are already embedded into the fabric of manufacturing, the future for AM software appears bright even as markets for hardware and print services have suffered in the past twelve months.
This report includes a market data and forecast database which presents opportunity sizing data for the AM software market. This written portion discusses trends and gives context to the data provided by analyzing and describing the industry structure and trends.