Table of Content
1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION 32
1.2.1 INCLUSIONS AND EXCLUSIONS 33
1.3 STUDY SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 BUILDING INFORMATION MODELING MARKET SEGMENTATION 34
1.3.2 GEOGRAPHIC SCOPE 35
1.3.3 YEARS CONSIDERED 35
1.4 CURRENCY CONSIDERED 35
1.5 STAKEHOLDERS 36
1.6 SUMMARY OF CHANGES 36
2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
FIGURE 2 BUILDING INFORMATION MODELING MARKET: RESEARCH DESIGN 37
2.1.1 SECONDARY AND PRIMARY RESEARCH 39
2.1.2 SECONDARY DATA 40
2.1.2.1 Key secondary sources 40
2.1.2.2 Key data from secondary sources 40
2.1.3 PRIMARY DATA 41
2.1.3.1 Major primary interview participants 41
2.1.3.2 Breakdown of primaries 41
FIGURE 3 BREAKDOWN OF PRIMARIES 41
2.1.3.3 Key data from primary sources 42
2.1.3.4 Key industry insights 42
2.2 FACTOR ANALYSIS 43
2.2.1 SUPPLY-SIDE ANALYSIS 43
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE ANALYSIS) – REVENUE GENERATED BY COMPANIES FROM SALES OF BIM PRODUCTS 43
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (TOP-DOWN, SUPPLY-SIDE) – ILLUSTRATION OF REVENUE ESTIMATION FOR ONE COMPANY IN BUILDING INFORMATION MODELING MARKET 44
2.3 MARKET SIZE ESTIMATION 44
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 45
2.3.1 BOTTOM-UP APPROACH 45
2.3.1.1 Approach to obtain market size using bottom-up analysis (demand side) 45
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 46
2.3.2 TOP-DOWN APPROACH 46
2.3.2.1 Approach to obtain market size using top-down analysis (supply side) 46
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 46
2.3.3 GROWTH PROJECTION- AND FORECAST-RELATED ASSUMPTIONS 47
TABLE 1 MARKET GROWTH ASSUMPTIONS 47
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 48
FIGURE 9 BUILDING INFORMATION MODELING MARKET: DATA TRIANGULATION 48
2.5 RESEARCH ASSUMPTIONS 49
TABLE 2 KEY ASSUMPTIONS: MACRO- AND MICRO-ECONOMIC ENVIRONMENT 49
2.5.1 RECESSION IMPACT ANALYSIS 50
TABLE 3 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON BUILDING INFORMATION MODELING MARKET 50
2.6 RESEARCH ASSUMPTIONS 50
2.7 RISK ASSESSMENT 50
TABLE 4 RISK ASSESSMENT: BUILDING INFORMATION MODELING MARKET 50
3 EXECUTIVE SUMMARY 51
FIGURE 10 BUILDINGS SEGMENT TO WITNESS HIGHEST CAGR IN BUILDING INFORMATION MODELING MARKET, BY APPLICATION, DURING FORECAST PERIOD 51
FIGURE 11 SUSTAINABILITY SOFTWARE TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 52
FIGURE 12 AEC PROFESSIONALS TO COMMAND BUILDING INFORMATION MODELING MARKET THROUGHOUT FORECAST PERIOD 52
FIGURE 13 NORTH AMERICA TO LEAD BUILDING INFORMATION MODELING MARKET IN 2028 53
3.1 IMPACT OF RECESSION ON BUILDING INFORMATION MODELING MARKET 54
FIGURE 14 PRE- AND POST-RECESSION IMPACT ON BUILDING INFORMATION MODELING MARKET, 2019–2028 54
4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN BUILDING INFORMATION MODELING MARKET 55
FIGURE 15 RAPID URBANIZATION WORLDWIDE TO BOOST BUILDING INFORMATION MODELING MARKET GROWTH 55
4.2 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE 55
FIGURE 16 SOFTWARE OFFERINGS TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028 55
4.3 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE, BY REGION 56
FIGURE 17 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN BUILDING INFORMATION MODELING MARKET FOR SOFTWARE DURING FORECAST PERIOD 56
4.4 BUILDING INFORMATION MODELING MARKET, BY REGION 56
FIGURE 18 NORTH AMERICA TO CAPTURE MAJORITY OF MARKET SHARE IN 2023 56
4.5 BUILDING INFORMATION MODELING MARKET, BY COUNTRY 57
FIGURE 19 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL BUILDING INFORMATION MODELING MARKET DURING FORECAST PERIOD 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
FIGURE 20 BUILDING INFORMATION MODELING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 58
5.2.1 DRIVERS 59
5.2.1.1 Advancing sustainability in construction sector through BIM 59
5.2.1.2 Rapid urbanization globally 59
5.2.1.3 Government initiatives promoting use of BIM 60
FIGURE 21 INVESTMENTS BY CONSTRUCTION COMPANIES IN BIM SOFTWARE, BY COUNTRY 61
FIGURE 22 DRIVERS AND THEIR IMPACT ON BUILDING INFORMATION MODELING MARKET 61
5.2.2 RESTRAINTS 62
5.2.2.1 High initial cost of BIM 62
FIGURE 23 RESTRAINTS AND THEIR IMPACT ON BUILDING INFORMATION MODELING MARKET 62
5.2.3 OPPORTUNITIES 63
5.2.3.1 Focus of stakeholders in construction industry on improving safety 63
5.2.3.2 Rising trend of IoT in construction sector 63
5.2.3.3 Increasing trend of BIM 63
5.2.3.4 Introduction of new standards of BIM 64
FIGURE 24 OPPORTUNITIES AND THEIR IMPACT ON BUILDING INFORMATION MODELING MARKET 65
5.2.4 CHALLENGES 65
5.2.4.1 Slow adoption of BIM 65
5.2.4.2 Low level of digitalization in construction industry 65
FIGURE 25 CHALLENGES AND THEIR IMPACT ON BUILDING INFORMATION MODELING MARKET 66
5.3 VALUE CHAIN ANALYSIS 66
FIGURE 26 VALUE CHAIN OF BUILDING INFORMATION MODELING MARKET 66
TABLE 5 BUILDING INFORMATION MODELING MARKET PLAYER: ROLE IN ECOSYSTEM 67
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN BUILDING INFORMATION MODELING MARKET 67
FIGURE 27 REVENUE SHIFT IN BUILDING INFORMATION MODELING MARKET 67
5.4 ECOSYSTEM MAPPING 68
FIGURE 28 BUILDING INFORMATION MODELING ECOSYSTEM 68
5.5 PRICING ANALYSIS 68
5.5.1 AVERAGE SELLING PRICE OF BUILDING INFORMATION MODELING 68
FIGURE 29 AVERAGE SELLING PRICE OF BIM SOFTWARE OFFERED BY KEY PLAYERS 68
TABLE 6 AVERAGE SELLING PRICE OF BIM SOFTWARE PROVIDED BY KEY PLAYERS (USD) 69
5.5.2 AVERAGE SELLING PRICE TREND 69
TABLE 7 AVERAGE SELLING PRICE OF BUILDING INFORMATION MODELING SOFTWARE AND SERVICES, 2018–2022 (USD) 69
FIGURE 30 AVERAGE SELLING PRICE: BUILDING INFORMATION MODELING, BY OFFERING, 2018–2022 (USD) 70
5.6 KEY STAKEHOLDERS AND BUYING CRITERIA 71
5.6.1 KEY STAKEHOLDERS IN BUYING PROCESS 71
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 71
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%) 71
5.6.2 BUYING CRITERIA 72
FIGURE 32 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 72
TABLE 9 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 72
5.7 PORTER’S FIVE FORCES ANALYSIS 73
TABLE 10 BUILDING INFORMATION MODELING MARKET: PORTER’S FIVE FORCES ANALYSIS 73
FIGURE 33 PORTER’S FIVE FORCES ANALYSIS 74
5.7.1 THREAT OF NEW ENTRANTS 74
5.7.2 THREAT OF SUBSTITUTES 75
5.7.3 BARGAINING POWER OF SUPPLIERS 75
5.7.4 BARGAINING POWER OF BUYERS 75
5.7.5 INTENSITY OF COMPETITIVE RIVALRY 75
5.8 CASE STUDIES 76
5.8.1 XL CONSTRUCTION UTILIZES PROCORE’S BIM TO SHARE DESIGN ACROSS PROJECT TEAMS TO DETECT FLAWS AND MINIMIZE REWORK 76
5.8.2 BECK GROUP SAVES TIME AND ACHIEVES FINANCIAL GAINS WITH DEPLOYMENT OF PROCORE’ BIM 360 SUITE S 76
5.8.3 PINNACLE EXECUTES 3D BIM AT MUSCAT INTERNATIONAL AIRPORT FOR DESIGN AND CONSTRUCTION OF CARGO AND MRO FACILITIES 76
5.9 TECHNOLOGY ANALYSIS 77
5.9.1 IOT IN BIM 77
5.9.2 AR/VR IN BIM 77
5.10 TRADE ANALYSIS 78
5.10.1 IMPORT SCENARIO 78
TABLE 11 IMPORT DATA BY COUNTRY, 2018–2022 (USD MILLION) 78
5.10.2 EXPORT SCENARIO 79
TABLE 12 EXPORT DATA BY COUNTRY, 2018–2022 (USD MILLION) 79
5.11 PATENT ANALYSIS, 2012–2022 80
FIGURE 34 NUMBER OF PATENTS GRANTED FOR BUILDING INFORMATION MODELING, 2012–2022 80
FIGURE 35 GEOGRAPHIC ANALYSIS OF PATENTS GRANTED FOR BUILDING INFORMATION MODELING SOLUTIONS, 2022 81
TABLE 13 KEY PATENTS IN BUILDING INFORMATION MODELING MARKET, 2021–2023 81
5.12 KEY CONFERENCES AND EVENTS, 2023–2024 83
TABLE 14 BUILDING INFORMATION MODELING MARKET: LIST OF CONFERENCES AND EVENTS 83
5.13 STANDARDS AND REGULATORY LANDSCAPE 85
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
5.13.2 STANDARDS 86
5.13.2.1 BS EN ISO 19650 86
5.13.2.1.1 BS EN ISO 19650–1 86
5.13.2.1.2 BS EN ISO 19650–2 86
5.13.2.1.3 BS EN ISO 19650–3 86
5.13.2.1.4 BS EN ISO 19650–5 87
5.14 TARIFF ANALYSIS 87
TABLE 18 TARIFFS FOR BIM PRODUCTS COVERED UNDER HS CODE 8302 EXPORTED BY CHINA (2021) 87
TABLE 19 TARIFFS FOR BIM PRODUCTS COVERED UNDER HS CODE 8302 EXPORTED BY GERMANY (2021) 87
6 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE 88
6.1 INTRODUCTION 89
FIGURE 36 SOFTWARE SEGMENT TO LEAD BUILDING INFORMATION MODELING MARKET THROUGHOUT FORECAST PERIOD 89
TABLE 20 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 89
TABLE 21 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 89
6.2 SOFTWARE 90
6.2.1 ARCHITECTURAL DESIGN 90
6.2.1.1 Use of BIM tools in architectural projects to improve quality and efficiency 90
6.2.2 SUSTAINABILITY 91
6.2.2.1 Implementation of sustainability software to reduce project costs and ensure sustainable operations and maintenance 91
6.2.3 STRUCTURAL DESIGN & ANALYSIS 91
6.2.3.1 Adoption of structural design & analysis software to create compelling designs meeting safety standards 91
6.2.4 MEP 91
6.2.4.1 Utilization of MEP software to minimize construction errors through 3D models 91
6.2.5 CONSTRUCTION 92
6.2.6 FACILITY MANAGEMENT 92
6.2.6.1 Employment of facility management BIM software by facility managers to make informed decisions regardings workflow management 92
TABLE 22 BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2019–2022 (USD MILLION) 93
TABLE 23 BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION) 93
TABLE 24 SOFTWARE: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 94
TABLE 25 SOFTWARE: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 94
FIGURE 37 BUILDINGS SEGMENT TO DOMINATE ARCHITECTURAL DESIGN BIM SOFTWARE MARKET THROUGHOUT FORECAST PERIOD 94
TABLE 26 ARCHITECTURAL DESIGN: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 95
TABLE 27 ARCHITECTURAL DESIGN: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 95
TABLE 28 SUSTAINABILITY: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 95
TABLE 29 SUSTAINABILITY: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 96
TABLE 30 STRUCTURAL DESIGN & ANALYSIS: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 96
TABLE 31 STRUCTURAL DESIGN & ANALYSIS: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 96
TABLE 32 MEP: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 97
TABLE 33 MEP: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 97
TABLE 34 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 97
TABLE 35 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 98
TABLE 36 FACILITY MANAGEMENT: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 98
TABLE 37 FACILITY MANAGEMENT: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 98
TABLE 38 SOFTWARE: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 99
TABLE 39 SOFTWARE: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 99
FIGURE 38 PRE-CONSTRUCTION SEGMENT TO WITNESS LARGEST SHARE OF ARCHITECTURAL DESIGN SOFTWARE MARKET FOR PROJECT LIFECYCLE IN 2028 99
TABLE 40 ARCHITECTURAL DESIGN: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 100
TABLE 41 ARCHITECTURAL DESIGN: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 100
TABLE 42 SUSTAINABILITY: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 100
TABLE 43 SUSTAINABILITY: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 100
TABLE 44 STRUCTURAL DESIGN & ANALYSIS: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 101
TABLE 45 STRUCTURAL DESIGN & ANALYSIS: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 101
TABLE 46 MEP: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 101
TABLE 47 MEP: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 101
TABLE 48 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 102
TABLE 49 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 102
TABLE 50 FACILITY MANAGEMENT: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 102
TABLE 51 FACILITY MANAGEMENT: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 102
TABLE 52 SOFTWARE: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 103
TABLE 53 SOFTWARE: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 103
FIGURE 39 NORTH AMERICA TO LEAD ARCHITECTURAL DESIGN BIM SOFTWARE MARKET FROM 2023 TO 2028 103
TABLE 54 ARCHITECTURAL DESIGN: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 55 ARCHITECTURAL DESIGN: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 104
TABLE 56 SUSTAINABILITY: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 57 SUSTAINABILITY: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 105
TABLE 58 STRUCTURAL DESIGN & ANALYSIS: BUILDING INFORMATION MODELING, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 59 STRUCTURAL DESIGN & ANALYSIS: BUILDING INFORMATION MODELING, BY REGION, 2023–2028 (USD MILLION) 105
TABLE 60 MEP: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 61 MEP: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 106
TABLE 62 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 63 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 107
TABLE 64 FACILITY MANAGEMENT: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 107
TABLE 65 FACILITY MANAGEMENT: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 107
6.3 SERVICES 108
6.3.1 SOFTWARE SUPPORT & MAINTENANCE 108
6.3.1.1 High demand for software support & maintenance services by contractors and building owners 108
6.3.2 PROJECT MANAGEMENT & SUPPORT 108
6.3.2.1 Provision of project management and support services to effectively manage projects till end 108
FIGURE 40 SOFTWARE SUPPORT & MAINTENANCE SERVICES TO ACCOUNT FOR LARGER MARKET SHARE IN 2028 109
TABLE 66 BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2019–2022 (USD MILLION) 109
TABLE 67 BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2023–2028 (USD MILLION) 109
TABLE 68 SERVICES: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 110
TABLE 69 SERVICES: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 110
TABLE 70 PROJECT MANAGEMENT SUPPORT: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 110
TABLE 71 PROJECT MANAGEMENT SUPPORT: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 111
TABLE 72 SOFTWARE SUPPORT & MAINTENANCE: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 111
TABLE 73 SOFTWARE SUPPORT & MAINTENANCE: BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 111
TABLE 74 SERVICES: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 112
TABLE 75 SERVICES: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 112
TABLE 76 PROJECT MANAGEMENT SUPPORT: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 112
TABLE 77 PROJECT MANAGEMENT SUPPORT: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 112
TABLE 78 SOFTWARE SUPPORT & MAINTENANCE: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 113
TABLE 79 SOFTWARE SUPPORT & MAINTENANCE: BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 113
TABLE 80 SERVICES: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 81 SERVICES: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 113
TABLE 82 PROJECT MANAGEMENT SUPPORT: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 114
TABLE 83 PROJECT MANAGEMENT SUPPORT: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 114
TABLE 84 SOFTWARE SUPPORT & MAINTENANCE: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 114
TABLE 85 SOFTWARE SUPPORT & MAINTENANCE: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 115
7 BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE 116
7.1 INTRODUCTION 117
FIGURE 41 ON-PREMISES SEGMENT TO LEAD BUILDING INFORMATION MODELING MARKET THROUGHOUT FORECAST PERIOD 117
TABLE 86 BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 117
TABLE 87 BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 117
7.2 ON-PREMISES 118
7.2.1 BETTER CONTROL OVER DATA SECURITY AND PRIVACY BENEFITS OF ON-PREMISES DEPLOYMENT TO DRIVE MARKET 118
7.3 CLOUD 118
7.3.1 HIGH SCALABILITY, COST-EFFECTIVENESS, AND ACCESSIBILITY OF CLOUD DEPLOYMENT TO BOOST SEGMENTAL GROWTH 118
8 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE 120
8.1 INTRODUCTION 121
FIGURE 42 PRE-CONSTRUCTION SEGMENT TO LEAD BUILDING INFORMATION MODELING MARKET THROUGHOUT FORECAST PERIOD 121
TABLE 88 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2019–2022 (USD MILLION) 121
TABLE 89 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2023–2028 (USD MILLION) 122
8.2 PRE-CONSTRUCTION 122
8.2.1 ADOPTION OF BIM DURING PRE-CONSTRUCTION PHASE FOR VISUALIZATION, COST PLANNING, AND ARCHITECTURAL DESIGNING, DETAILING TASKS 122
TABLE 90 PRE-CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 123
TABLE 91 PRE-CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 123
8.3 CONSTRUCTION 123
8.3.1 USE OF BIM DURING CONSTRUCTION TO COMPLETE PROJECTS EFFICIENTLY AT LOWER COST 123
TABLE 92 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 124
TABLE 93 CONSTRUCTION: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 124
8.4 OPERATION 124
8.4.1 DEPLOYMENT OF BIM DURING OPERATION PHASE TO IMPROVE BUILDING QUALITY AND EFFICIENCY 124
TABLE 94 OPERATION: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 125
TABLE 95 OPERATION: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 125
9 BUILDING INFORMATION MODELING MARKET, BY APPLICATION 126
9.1 INTRODUCTION 127
FIGURE 43 BUILDINGS SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2028 127
TABLE 96 BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 127
TABLE 97 BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 128
9.2 BUILDINGS 128
9.2.1 INCREASING NUMBER OF CONSTRUCTION PROJECTS WORLDWIDE TO DRIVE USE OF BIM IN BUILDINGS 128
TABLE 98 BUILDINGS: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 129
TABLE 99 BUILDINGS: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 129
9.3 INDUSTRIAL 129
9.3.1 GROWING USE OF BIM IN INDUSTRIAL FACILITIES AND CONSTRUCTION SITES TO BOOST SEGMENTAL GROWTH 129
TABLE 100 INDUSTRIAL: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 130
TABLE 101 INDUSTRIAL: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 130
9.4 CIVIL INFRASTRUCTURE 130
9.4.1 RISING ADOPTION OF BIM IN GOVERNMENT-BASED INFRASTRUCTURE PROJECTS TO DRIVE MARKET 130
TABLE 102 CIVIL INFRASTRUCTURE: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 131
TABLE 103 CIVIL INFRASTRUCTURE: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 131
9.5 OIL & GAS 131
9.5.1 INCREASING USE OF BIM TECHNOLOGY BY OIL & GAS COMPANIES TO IMPROVE FACILITY FUNCTIONALITY TO DRIVE SEGMENTAL GROWTH 131
TABLE 104 OIL & GAS: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 132
TABLE 105 OIL & GAS: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 132
9.6 UTILITIES 132
9.6.1 GROWING IMPLEMENTATION OF BIM IN UTILITIES TO REDUCE REWORK AND DELAYS TO DRIVE SEGMENTAL GROWTH 132
TABLE 106 UTILITIES: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 132
TABLE 107 UTILITIES: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 133
9.7 OTHER APPLICATIONS 133
TABLE 108 OTHER APPLICATIONS: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 133
TABLE 109 OTHER APPLICATIONS: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 133
10 BUILDING INFORMATION MODELING MARKET, BY END USER 134
10.1 INTRODUCTION 135
FIGURE 44 AEC PROFESSIONALS TO LEAD BUILDING INFORMATION MODELING MARKET THROUGHOUT FORECAST PERIOD 135
TABLE 110 BUILDING INFORMATION MODELING MARKET, BY END USER, 2019–2022 (USD MILLION) 135
TABLE 111 BUILDING INFORMATION MODELING MARKET, BY END USER, 2023–2028 (USD MILLION) 135
10.2 AEC PROFESSIONALS 136
10.2.1 AEC PROFESSIONALS TO BE SIGNIFICANT CONTRIBUTORS TO BIM MARKET GROWTH IN COMING YEARS 136
10.3 CONSULTANTS & FACILITY MANAGERS 137
10.3.1 USE OF BIM BY CONSULTANTS & FACILITY MANAGERS TO AVOID OR REDUCE COST OVERRUNS AND DELAYS 137
10.4 OTHERS 137
11 BUILDING INFORMATION MODELING MARKET, BY REGION 138
11.1 INTRODUCTION 139
FIGURE 45 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2028 139
TABLE 112 BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 139
TABLE 113 BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 140
11.2 NORTH AMERICA 140
FIGURE 46 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET SNAPSHOT 141
TABLE 114 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 141
TABLE 115 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 142
TABLE 116 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 142
TABLE 117 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 142
FIGURE 47 ARCHITECTURAL DESIGN SOFTWARE TO HOLD LARGEST SHARE OF BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA IN 2028 143
TABLE 118 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2019–2022 (USD MILLION) 143
TABLE 119 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION) 143
TABLE 120 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2019–2022 (USD MILLION) 144
TABLE 121 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2023–2028 (USD MILLION) 144
11.2.1 US 144
11.2.1.1 Large-scale adoption of BIM in construction industry of US to drive market 144
11.2.2 CANADA 145
11.2.2.1 Adoption of BIM in public projects in construction sector to stimulate market growth 145
11.2.3 MEXICO 145
11.2.3.1 Rising use of BIM in academic field to drive market 145
11.2.4 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA 145
11.3 EUROPE 146
FIGURE 48 EUROPE: BUILDING INFORMATION MODELING MARKET SNAPSHOT 146
TABLE 122 EUROPE: BUILDING INFORMATION MODELING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 147
TABLE 123 EUROPE: BUILDING INFORMATION MODELING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 147
TABLE 124 EUROPE: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 147
TABLE 125 EUROPE: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 148
FIGURE 49 ARCHITECTURAL DESIGN SEGMENT TO HOLD LARGEST SHARE OF EUROPEAN BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, IN 2028 148
TABLE 126 EUROPE: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2019–2022 (USD MILLION) 148
TABLE 127 EUROPE: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION) 149
TABLE 128 EUROPE: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2019–2022 (USD MILLION) 149
TABLE 129 EUROPE: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2023–2028 (USD MILLION) 149
11.3.1 UK 149
11.3.1.1 Government mandates to accelerate demand for BIM 149
11.3.2 GERMANY 151
11.3.2.1 Adoption of BIM triggered by pilot projects to boost market 151
11.3.3 FRANCE 151
11.3.3.1 Initiatives by construction companies to adopt BIM to drive market 151
11.3.4 ITALY 152
11.3.4.1 Implementation of BIM by government to fuel segmental growth 152
11.3.5 SPAIN 152
11.3.5.1 Collaborative efforts of government, construction players, and BIM experts to support market growth 152
11.3.6 REST OF EUROPE 152
11.3.7 IMPACT OF RECESSION ON MARKET IN EUROPE 153
11.4 ASIA PACIFIC 153
FIGURE 50 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET SNAPSHOT 154
TABLE 130 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 154
TABLE 131 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 155
TABLE 132 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 155
TABLE 133 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 155
FIGURE 51 ARCHITECTURAL DESIGN SOFTWARE TO HOLD LARGEST SHARE OF ASIA PACIFIC BUILDING INFORMATION MODELING MARKET IN 2028 156
TABLE 134 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2019–2022 (USD MILLION) 156
TABLE 135 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION) 156
TABLE 136 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2019–2022 (USD MILLION) 157
TABLE 137 ASIA PACIFIC: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2023–2028 (USD MILLION) 157
11.4.1 CHINA 157
11.4.1.1 Rising investments in infrastructure projects to contribute to market growth 157
11.4.2 JAPAN 158
11.4.2.1 Adoption of BIM software in infrastructure projects to drive market 158
11.4.3 INDIA 158
11.4.3.1 Increasing use of BIM in public projects in India to drive market 158
11.4.4 SOUTH KOREA 158
11.4.4.1 Government mandates for use of BIM in public domain projects to create opportunities 158
11.4.5 REST OF ASIA PACIFIC 159
11.4.6 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC 159
11.5 REST OF THE WORLD 159
TABLE 138 ROW: BUILDING INFORMATION MODELING MARKET, BY REGION, 2019–2022 (USD MILLION) 160
TABLE 139 ROW: BUILDING INFORMATION MODELING MARKET, BY REGION, 2023–2028 (USD MILLION) 160
TABLE 140 ROW: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2019–2022 (USD MILLION) 160
TABLE 141 ROW: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2023–2028 (USD MILLION) 160
FIGURE 52 ARCHITECTURAL DESIGN SOFTWARE TO HOLD LARGEST SHARE OF BUILDING INFORMATION MODELING MARKET IN ROW IN 2028 161
TABLE 142 ROW: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2019–2022 (USD MILLION) 161
TABLE 143 ROW: BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION) 161
TABLE 144 ROW: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2019–2022 (USD MILLION) 162
TABLE 145 ROW: BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2023–2028 (USD MILLION) 162
11.5.1 MIDDLE EAST & AFRICA 162
11.5.1.1 BIM to transform infrastructural projects in Middle East & Africa 162
11.5.2 SOUTH AMERICA 163
11.5.2.1 AEC industry to be biggest contributor to South American BIM market 163
11.5.3 IMPACT OF RECESSION ON MARKET IN ROW 163
12 COMPETITIVE LANDSCAPE 164
12.1 OVERVIEW 164
12.2 MARKET EVALUATION FRAMEWORK 164
TABLE 146 KEY STRATEGIES FOLLOWED BY MAJOR PROVIDERS OF BIM SOLUTIONS AND SERVICES 164
12.2.1 PRODUCT PORTFOLIO 165
12.2.2 REGIONAL FOCUS 165
12.2.3 MANUFACTURING FOOTPRINT 165
12.2.4 ORGANIC/INORGANIC STRATEGIES 165
12.3 MARKET SHARE ANALYSIS, 2022 165
TABLE 147 BUILDING INFORMATION MODELING MARKET: MARKET SHARE ANALYSIS (2022) 165
12.4 FIVE-YEAR COMPANY REVENUE ANALYSIS 166
FIGURE 53 FIE-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN BUILDING INFORMATION MODELING MARKET 166
12.5 COMPANY EVALUATION MATRIX, 2022 167
12.5.1 STARS 167
12.5.2 EMERGING LEADERS 167
12.5.3 PERVASIVE PLAYERS 167
12.5.4 PARTICIPANTS 167
FIGURE 54 BUILDING INFORMATION MODELING MARKET: COMPANY EVALUATION MATRIX, 2022 168
12.6 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022 169
TABLE 148 BUILDING INFORMATION MODELING MARKET: LIST OF KEY STARTUPS/SMES 169
TABLE 149 STARTUPS/SMES IN BUILDING INFORMATION MODELING MARKET 169
TABLE 150 BUILDING INFORMATION MODELING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (OFFERING TYPE FOOTPRINT) 171
TABLE 151 BUILDING INFORMATION MODELING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (APPLICATION FOOTPRINT) 171
TABLE 152 BUILDING INFORMATION MODELING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (REGION FOOTPRINT) 172
12.6.1 PROGRESSIVE COMPANIES 172
12.6.2 RESPONSIVE COMPANIES 172
12.6.3 DYNAMIC COMPANIES 172
12.6.4 STARTING BLOCKS 172
FIGURE 55 STARTUPS/SMES EVALUATION MATRIX, 2022 173
12.7 COMPANY FOOTPRINT 174
TABLE 153 COMPANY FOOTPRINT 174
TABLE 154 COMPANY-WISE OFFERING FOOTPRINT 175
TABLE 155 COMPANY-WISE APPLICATION FOOTPRINT 176
TABLE 156 COMPANY-WISE REGION FOOTPRINT 177
12.8 COMPETITIVE SITUATIONS AND TRENDS 178
12.8.1 PRODUCT LAUNCHES 178
TABLE 157 PRODUCT LAUNCHES, MARCH 2020–APRIL 2023 178
12.8.2 DEALS 182
TABLE 158 DEALS, MARCH 2020–APRIL 2023 182
12.8.3 OTHERS 189
TABLE 159 OTHERS, MARCH 2020–APRIL 2023 189"
"1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 31
1.3 INCLUSIONS AND EXCLUSIONS 32
1.4 STUDY SCOPE 32
1.4.1 MARKETS COVERED 32
1.4.2 REGIONAL SCOPE 33
1.4.3 YEARS CONSIDERED 33
1.4.4 CURRENCY CONSIDERED 33
1.5 LIMITATIONS 34
1.6 STAKEHOLDERS 34
1.7 SUMMARY OF CHANGES 34
1.7.1 RECESSION IMPACT 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
2.1.1 SECONDARY DATA 36
2.1.1.1 List of major secondary sources 36
2.1.1.2 Key data from secondary sources 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Breakdown of primary sources 37
2.1.2.2 Key data from primary sources 38
2.1.3 SECONDARY AND PRIMARY RESEARCH 39
2.1.3.1 Key industry insights 40
2.2 MARKET SIZE ESTIMATION 40
2.2.1 BOTTOM-UP APPROACH 41
2.2.1.1 Approach to derive market size using bottom-up analysis 41
2.2.2 TOP-DOWN APPROACH 42
2.2.2.1 Approach to derive market size using top-down analysis 42
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 44
2.4 RESEARCH ASSUMPTIONS 45
2.5 APPROACH TO DETERMINE IMPACT OF RECESSION ON ISOSTATIC PRESSING MARKET 45
2.6 RISK ASSESSMENT 46
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS 46
3 EXECUTIVE SUMMARY 47
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ISOSTATIC PRESSING MARKET 51
4.2 ISOSTATIC PRESSING MARKET, BY OFFERING 51
4.3 ISOSTATIC PRESSING MARKET, BY TYPE 52
4.4 ISOSTATIC PRESSING MARKET, BY CAPACITY 52
4.5 ISOSTATIC PRESSING MARKET, BY PROCESS TYPE 53
4.6 ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY 53
4.7 ISOSTATIC PRESSING MARKET, BY REGION 54
4.8 ISOSTATIC PRESSING MARKET, BY COUNTRY 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 MARKET DYNAMICS 55
5.2.1 DRIVERS 55
5.2.1.1 Increased installation of HIP systems to densify 3D-printed parts 55
5.2.1.2 Capability of HIP systems to reduce product maintenance costs and cycle time 56
5.2.1.3 Rising emphasis on combining HIP with other heat-treatment processes 56
5.2.2 RESTRAINTS 57
5.2.2.1 High initial investment 57
5.2.3 OPPORTUNITIES 58
5.2.3.1 Growing adoption of HIP by aircraft companies 58
5.2.3.2 Rising demand for low-cost titanium and alloys from automakers 58
5.2.4 CHALLENGES 59
5.2.4.1 Shortage of skilled workforce 59
5.2.4.2 Limitations associated with isostatic pressing tools 59
5.3 VALUE CHAIN ANALYSIS 60
5.4 ECOSYSTEM ANALYSIS 61
TABLE 2 ISOSTATIC PRESSING MARKET: ECOSYSTEM ANALYSIS 61
5.5 PRICING ANALYSIS 62
5.5.1 AVERAGE SELLING PRICE (ASP) OF ISOSTATIC PRESSING SYSTEMS OFFERED BY TOP TWO PLAYERS 63
TABLE 3 AVERAGE SELLING PRICE (ASP) OF ISOSTATIC PRESSING SYSTEMS OFFERED BY TOP TWO PLAYERS (USD) 63
TABLE 4 AVERAGE SELLING PRICE (ASP) OF HOT ISOSTATIC PRESSING (HIP) SYSTEMS, BY REGION (USD) 63
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 64
5.7 TECHNOLOGY ANALYSIS 64
5.7.1 HYDROSTATIC ISOSTATIC PRESSING 64
5.7.2 PNEUMATIC ISOSTATIC PRESSING (PIP) 64
5.7.3 ELECTRO-HYDRAULIC ISOSTATIC PRESSING (EHIP) 65
5.7.4 HIGH-PRESSURE TORSION (HPT) 65
5.8 PORTER’S FIVE FORCES ANALYSIS 65
TABLE 5 ISOSTATIC PRESSING MARKET: PORTER’S FIVE FORCES ANALYSIS 66
5.8.1 INTENSITY OF COMPETITIVE RIVALRY 66
5.8.2 THREAT OF SUBSTITUTES 67
5.8.3 BARGAINING POWER OF BUYERS 67
5.8.4 BARGAINING POWER OF SUPPLIERS 67
5.8.5 THREAT OF NEW ENTRANTS 67
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 67
5.9.1 KEY STAKEHOLDERS IN BUYING CRITERIA 67
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES 68
5.9.2 BUYING CRITERIA 68
TABLE 7 KEY BUYING CRITERIA FOR STAKEHOLDERS FROM TOP THREE END-USER INDUSTRIES 69
5.10 CASE STUDY ANALYSIS 69
5.10.1 NUCLEAR DECOMMISSIONING AUTHORITY (NDA) USES ISOSTATIC PRESSING SYSTEMS TO ADDRESS ISSUES RELATED TO MATERIALS BLENDED WITH PLUTONIUM 69
5.10.2 LUCIDEON’S EXPERTISE HELPS TACKLE ADDITIVE MANUFACTURING HIP ISSUES 70
5.11 TRADE ANALYSIS 71
5.12 PATENT ANALYSIS 72
TABLE 8 TOP PATENT OWNERS, 2013–2022 (US) 73
TABLE 9 LIST OF MAJOR PATENTS 74
5.13 KEY CONFERENCES AND EVENTS, 2023–2024 77
TABLE 10 ISOSTATIC PRESSING MARKET: LIST OF CONFERENCES AND EVENTS 77
5.14 REGULATORY LANDSCAPE AND STANDARDS 78
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
5.14.2 STANDARDS 80
TABLE 15 ISOSTATIC PRESSINGS MARKET: STANDARDS 80
6 ISOSTATIC PRESSING MARKET, BY MATERIAL 81
6.1 INTRODUCTION 81
6.2 METAL 81
6.2.1 EFFECTIVE IN MANUFACTURING HIGH ASPECT RATIO PRODUCTS 81
6.3 CERAMIC 81
6.3.1 PREFERRED FOR HIGH-QUALITY CERAMIC PRODUCTION 81
6.4 COMPOSITE 82
6.4.1 USED TO CONSOLIDATE AND SHAPE COMPOSITES WITH HIGH DIMENSIONAL PRECISION 82
6.5 PLASTIC 82
6.5.1 HELPS MANUFACTURE HIGH-DENSITY PLASTIC COMPONENTS OF COMPLEX SHAPES 82
6.6 CARBON 82
6.6.1 BENEFICIAL IN CREATING INTRICATE FORMS FOR VARIOUS APPLICATIONS 82
7 ISOSTATIC PRESSING MARKET, BY OFFERING 83
7.1 INTRODUCTION 84
TABLE 16 ISOSTATIC PRESSING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 85
TABLE 17 ISOSTATIC PRESSING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 85
7.2 SYSTEMS 85
7.2.1 NEAR-NET SHAPING ABILITY OF ISOSTATIC PRESSING SYSTEMS TO BOOST DEMAND 85
TABLE 18 SYSTEMS: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 86
TABLE 19 SYSTEMS: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 86
7.3 SERVICES 86
7.3.1 GROWING ADOPTION OF ISOSTATIC PRESSING SERVICES IN VARIOUS INDUSTRIES TO DRIVE MARKET 86
TABLE 20 SERVICES: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 86
TABLE 21 SERVICES: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 87
8 ISOSTATIC PRESSING MARKET, BY TYPE 88
8.1 INTRODUCTION 89
TABLE 22 ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 90
TABLE 23 ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 90
TABLE 24 ISOSTATIC PRESSING SYSTEM SHIPMENT, BY TYPE, 2022 (THOUSAND UNITS) 90
8.2 HOT ISOSTATIC PRESSING (HIP) 90
8.2.1 USED IN METAL CASTING, DIFFUSION BONDING, AND CONSOLIDATION OF POWDER METAL AND CERAMIC PARTS TO ENHANCE MATERIAL PRODUCTION CYCLE AND EFFICIENCY 90
TABLE 25 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 91
TABLE 26 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 91
TABLE 27 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 92
TABLE 28 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 92
TABLE 29 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 93
TABLE 30 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 93
TABLE 31 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET FOR SERVICES, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 94
TABLE 32 HOT ISOSTATIC PRESSING (HIP): ISOSTATIC PRESSING MARKET FOR SERVICES, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 94
8.3 COLD ISOSTATIC PRESSING (CIP) 95
8.3.1 EFFECTIVE FORMING METHOD IN CERAMIC MANUFACTURING AND POWDER METALLURGY 95
TABLE 33 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 95
TABLE 34 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 95
TABLE 35 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 96
TABLE 36 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 96
TABLE 37 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 97
TABLE 38 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 97
TABLE 39 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET FOR SERVICES, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 98
TABLE 40 COLD ISOSTATIC PRESSING (CIP): ISOSTATIC PRESSING MARKET FOR SERVICES, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 98
9 HOT ISOSTATIC PRESSING MARKET, BY CAPACITY 99
9.1 INTRODUCTION 100
TABLE 41 HOT ISOSTATIC PRESSING MARKET, BY CAPACITY, 2019–2022 (USD MILLION) 101
TABLE 42 HOT ISOSTATIC PRESSING MARKET, BY CAPACITY, 2023–2028 (USD MILLION) 101
9.2 SMALL-SIZED HIP 101
9.2.1 HIGHLY PREFERRED IN LABORATORY-BASED PROCESSES FOR METAL DENSIFICATION, CASTING, AND FORGING 101
9.3 MEDIUM-SIZED HIP 102
9.3.1 EXHIBITS IMPROVED PRODUCTION TIME 102
9.4 LARGE-SIZED HIP 102
9.4.1 ENHANCES POWDER METALLURGY CAPABILITIES 102
10 COLD ISOSTATIC PRESSING MARKET, BY PROCESS TYPE 103
10.1 INTRODUCTION 104
TABLE 43 COLD ISOSTATIC PRESSING MARKET, BY PROCESS TYPE, 2019–2022 (USD MILLION) 104
TABLE 44 COLD ISOSTATIC PRESSING MARKET, BY PROCESS TYPE, 2023–2028 (USD MILLION) 105
10.2 WET BAG PRESSING 105
10.2.1 INCREASING PREFERENCE IN LARGE, FLEXIBLE PRODUCT AND SYSTEM MANUFACTURING 105
10.3 DRY BAG PRESSING 105
10.3.1 GROWING USE IN SMALL-VOLUME PART DENSIFICATION 105
11 ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY 106
11.1 INTRODUCTION 107
TABLE 45 ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 108
TABLE 46 ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 108
11.2 AUTOMOTIVE 109
11.2.1 IDEAL TECHNOLOGY TO IMPROVE PERFORMANCE, EFFICIENCY, AND SAFETY OF MODERN-DAY VEHICLES 109
TABLE 47 AUTOMOTIVE: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 109
TABLE 48 AUTOMOTIVE: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 109
TABLE 49 AUTOMOTIVE: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 50 AUTOMOTIVE: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 110
TABLE 51 AUTOMOTIVE: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 52 AUTOMOTIVE: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 111
TABLE 53 AUTOMOTIVE: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 54 AUTOMOTIVE: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 111
TABLE 55 AUTOMOTIVE: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 56 AUTOMOTIVE: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 112
11.3 AEROSPACE 112
11.3.1 USED TO DEVELOP DURABLE AND HIGH-STRENGTH SYSTEMS AND COMPONENTS 112
TABLE 57 AEROSPACE: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 113
TABLE 58 AEROSPACE: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 113
TABLE 59 AEROSPACE: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 60 AEROSPACE: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 114
TABLE 61 AEROSPACE: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 114
TABLE 62 AEROSPACE: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 114
TABLE 63 AEROSPACE: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 64 AEROSPACE: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 115
TABLE 65 AEROSPACE: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 66 AEROSPACE: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 116
11.4 MEDICAL 116
11.4.1 HELPS MANUFACTURE HIGH-QUALITY, BIOCOMPATIBLE CERAMIC COMPONENTS 116
TABLE 67 MEDICAL: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 117
TABLE 68 MEDICAL: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 117
TABLE 69 MEDICAL: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 70 MEDICAL: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 117
TABLE 71 MEDICAL: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 72 MEDICAL: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 118
TABLE 73 MEDICAL: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 74 MEDICAL: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 119
TABLE 75 MEDICAL: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 119
TABLE 76 MEDICAL: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 119
11.5 ENERGY & POWER 120
11.5.1 IMPROVES POWER PLANT EFFICIENCY AND HELPS MEET RISING ENERGY DEMAND 120
TABLE 77 ENERGY & POWER: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 120
TABLE 78 ENERGY & POWER: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 120
TABLE 79 ENERGY & POWER: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 80 ENERGY & POWER: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 121
TABLE 81 ENERGY & POWER: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 82 ENERGY & POWER: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 121
TABLE 83 ENERGY & POWER: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 122
TABLE 84 ENERGY & POWER: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 122
TABLE 85 ENERGY & POWER: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 122
TABLE 86 ENERGY & POWER: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 123
11.6 ELECTRONICS & SEMICONDUCTOR 123
11.6.1 INCREASES STRENGTH, DUCTILITY, AND FATIGUE LIFE OF ELECTRONICS & SEMICONDUCTORS 123
TABLE 87 ELECTRONICS & SEMICONDUCTOR: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 124
TABLE 88 ELECTRONICS & SEMICONDUCTOR: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 124
TABLE 89 ELECTRONICS & SEMICONDUCTOR: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 90 ELECTRONICS & SEMICONDUCTOR: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 125
TABLE 91 ELECTRONICS & SEMICONDUCTOR: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 125
TABLE 92 ELECTRONICS & SEMICONDUCTOR: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 125
TABLE 93 ELECTRONICS & SEMICONDUCTOR: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 126
TABLE 94 ELECTRONICS & SEMICONDUCTOR: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 126
TABLE 95 ELECTRONICS & SEMICONDUCTOR: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 126
TABLE 96 ELECTRONICS & SEMICONDUCTOR: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 127
11.7 PRECISION MACHINE MANUFACTURING 127
11.7.1 REDUCES POROSITY AND INCREASES STRENGTH OF CAST IMPELLERS AND CASINGS 127
TABLE 97 PRECISION MACHINE MANUFACTURING: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 127
TABLE 98 PRECISION MACHINE MANUFACTURING: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 128
TABLE 99 PRECISION MACHINE MANUFACTURING: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 128
TABLE 100 PRECISION MACHINE MANUFACTURING: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 128
TABLE 101 PRECISION MACHINE MANUFACTURING: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 129
TABLE 102 PRECISION MACHINE MANUFACTURING: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 129
TABLE 103 PRECISION MACHINE MANUFACTURING: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 129
TABLE 104 PRECISION MACHINE MANUFACTURING: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 130
TABLE 105 PRECISION MACHINE MANUFACTURING: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 130
TABLE 106 PRECISION MACHINE MANUFACTURING: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 130
11.8 RESEARCH & DEVELOPMENT 131
11.8.1 USED IN POWDERED METAL PROTOTYPES AND FEASIBILITY STUDIES 131
TABLE 107 RESEARCH & DEVELOPMENT: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 131
TABLE 108 RESEARCH & DEVELOPMENT: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 131
TABLE 109 RESEARCH & DEVELOPMENT: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 110 RESEARCH & DEVELOPMENT: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 132
TABLE 111 RESEARCH & DEVELOPMENT: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 112 RESEARCH & DEVELOPMENT: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 133
TABLE 113 RESEARCH & DEVELOPMENT: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 114 RESEARCH & DEVELOPMENT: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 133
TABLE 115 RESEARCH & DEVELOPMENT: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 134
TABLE 116 RESEARCH & DEVELOPMENT: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 134
11.9 OTHERS 134
TABLE 117 OTHERS: ISOSTATIC PRESSING MARKET, BY TYPE, 2019–2022 (USD MILLION) 135
TABLE 118 OTHERS: ISOSTATIC PRESSING MARKET, BY TYPE, 2023–2028 (USD MILLION) 135
TABLE 119 OTHERS: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 120 OTHERS: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 135
TABLE 121 OTHERS: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2019–2022 (USD MILLION) 136
TABLE 122 OTHERS: HOT ISOSTATIC PRESSING MARKET FOR SYSTEMS, BY REGION, 2023–2028 (USD MILLION) 136
TABLE 123 OTHERS: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2019–2022 (USD MILLION) 136
TABLE 124 OTHERS: HOT ISOSTATIC PRESSING MARKET FOR SERVICES, BY REGION, 2023–2028 (USD MILLION) 137
TABLE 125 OTHERS: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 137
TABLE 126 OTHERS: COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 137
12 ISOSTATIC PRESSING MARKET, BY REGION 138
12.1 INTRODUCTION 139
TABLE 127 ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 140
TABLE 128 ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 140
TABLE 129 HOT ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 141
TABLE 130 HOT ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 141
TABLE 131 COLD ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 141
TABLE 132 COLD ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 142
12.2 NORTH AMERICA 142
12.2.1 NORTH AMERICA: RECESSION IMPACT 142
TABLE 133 NORTH AMERICA: ISOSTATIC PRESSING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 143
TABLE 134 NORTH AMERICA: ISOSTATIC PRESSING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 144
TABLE 135 NORTH AMERICA: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 144
TABLE 136 NORTH AMERICA: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 145
12.2.2 US 145
12.2.2.1 Growing requirement for isostatic pressing systems in aerospace, medical, semiconductor, and energy industries 145
12.2.3 CANADA 146
12.2.3.1 Increasing applications of isostatic pressing in automotive, medical, and energy & power industries to reduce manufacturing cost and cycle time 146
12.2.4 MEXICO 146
12.2.4.1 Rising demand for high-performance materials and production of new battery types and fuel cells 146
12.3 EUROPE 147
12.3.1 EUROPE: RECESSION IMPACT 147
TABLE 137 EUROPE: ISOSTATIC PRESSING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 148
TABLE 138 EUROPE: ISOSTATIC PRESSING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 149
TABLE 139 EUROPE: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 149
TABLE 140 EUROPE: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 149
12.3.2 UK 150
12.3.2.1 Large presence of ceramic companies and expanding automotive industry 150
12.3.3 GERMANY 150
12.3.3.1 Strong presence of automobile companies 150
12.3.4 FRANCE 150
12.3.4.1 Rising use of isostatic pressing to consolidate ceramic powders and compress graphite and other fine ceramics 150
12.3.5 REST OF EUROPE 151
12.4 ASIA PACIFIC 151
12.4.1 ASIA PACIFIC: RECESSION IMPACT 151
TABLE 141 ASIA PACIFIC: ISOSTATIC PRESSING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 152
TABLE 142 ASIA PACIFIC: ISOSTATIC PRESSING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 153
TABLE 143 ASIA PACIFIC: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 153
TABLE 144 ASIA PACIFIC: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 154
12.4.2 CHINA 154
12.4.2.1 Growing demand for medical implants and devices 154
12.4.3 JAPAN 154
12.4.3.1 High investments in infrastructure development 154
12.4.4 SOUTH KOREA 155
12.4.4.1 Government-led investments in R&D to support local firms and foster innovation 155
12.4.5 REST OF ASIA PACIFIC 155
12.5 ROW 156
12.5.1 ROW: RECESSION IMPACT 156
TABLE 145 ROW: ISOSTATIC PRESSING MARKET, BY REGION, 2019–2022 (USD MILLION) 157
TABLE 146 ROW: ISOSTATIC PRESSING MARKET, BY REGION, 2023–2028 (USD MILLION) 157
TABLE 147 ROW: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION) 158
TABLE 148 ROW: ISOSTATIC PRESSING MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION) 158
12.5.2 MIDDLE EAST & AFRICA 159
12.5.2.1 Rising partnerships and collaborations among aircraft and automobile manufacturers 159
12.5.3 SOUTH AMERICA 159
12.5.3.1 Changes in import and export regulations 159
13 COMPETITIVE LANDSCAPE 160
13.1 INTRODUCTION 160
13.1.1 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS 160
13.2 REVENUE ANALYSIS, 2022 162
13.3 MARKET SHARE ANALYSIS, 2022 163
TABLE 149 ISOSTATIC PRESSING MARKET: DEGREE OF COMPETITION 163
13.4 COMPETITIVE EVALUATION MATRIX, 2022 165
13.4.1 STARS 165
13.4.2 EMERGING LEADERS 165
13.4.3 PERVASIVE PLAYERS 165
13.4.4 PARTICIPANTS 165
13.5 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022 166
13.5.1 PROGRESSIVE COMPANIES 166
13.5.2 RESPONSIVE COMPANIES 166
13.5.3 DYNAMIC COMPANIES 167
13.5.4 STARTING BLOCKS 167
13.6 COMPANY FOOTPRINT 168
TABLE 150 TYPE: COMPANY FOOTPRINT 168
TABLE 151 END-USER INDUSTRY: COMPANY FOOTPRINT 169
TABLE 152 REGION: COMPANY FOOTPRINT 170
TABLE 153 COMPANY FOOTPRINT 171
13.7 COMPETITIVE BENCHMARKING 172
13.7.1 LIST OF KEY STARTUPS/SMES 172
TABLE 154 ISOSTATIC PRESSING MARKET: KEY STARTUPS/SMES 172
13.7.2 TYPE: STARTUP/SME FOOTPRINT 173
TABLE 155 ISOSTATIC PRESSING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY TYPE 173
13.7.3 END-USER INDUSTRY: STARTUP/SME FOOTPRINT 173
TABLE 156 ISOSTATIC PRESSING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY END-USER INDUSTRY 173
13.7.4 REGION: STARTUP/SME FOOTPRINT 174
TABLE 157 ISOSTATIC PRESSING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY REGION 174
13.8 COMPETITIVE SCENARIOS AND TRENDS 174
13.8.1 PRODUCT LAUNCHES 174
TABLE 158 ISOSTATIC PRESSING MARKET: PRODUCT LAUNCHES, JANUARY 2021–MARCH 2023 174
13.8.2 DEALS 175
TABLE 159 ISOSTATIC PRESSING MARKET: DEALS, 2021–2023 175
13.8.3 OTHERS 175
TABLE 160 ISOSTATIC PRESSING MARKET: OTHERS, 2021–2023 175
14 COMPANY PROFILES 176
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1 KEY PLAYERS 176
14.1.1 KOBE STEEL, LTD. 176
TABLE 161 KOBE STEEL, LTD.: COMPANY OVERVIEW 176
TABLE 162 KOBE STEEL, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 177
TABLE 163 KOBE STEEL, LTD.: DEALS 180
14.1.2 BODYCOTE 181
TABLE 164 BODYCOTE: COMPANY OVERVIEW 181
TABLE 165 BODYCOTE: PRODUCTS/SOLUTIONS/SERVICES OFFERING 182
TABLE 166 BODYCOTE: OTHERS 183
14.1.3 KENNAMETAL INC. 184
TABLE 167 KENNAMETAL INC.: COMPANY OVERVIEW 184
TABLE 168 KENNAMETAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERING 185
14.1.4 NIKKISO CO., LTD. 187
TABLE 169 NIKKISO CO., LTD.: COMPANY OVERVIEW 187
TABLE 170 NIKKISO CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERING 188
14.1.5 DORST TECHNOLOGIES GMBH & CO. KG 190
TABLE 171 DORST TECHNOLOGIES GMBH & CO. KG: COMPANY OVERVIEW 190
TABLE 172 DORST TECHNOLOGIES GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 190
TABLE 173 DORST TECHNOLOGIES GMBH & CO. KG: PRODUCT LAUNCHES 190
14.1.6 AMERICAN ISOSTATIC PRESSES, INC. 191
TABLE 174 AMERICAN ISOSTATIC PRESSES, INC.: COMPANY OVERVIEW 191
TABLE 175 AMERICAN ISOSTATIC PRESSES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
14.1.7 EPSI 192
TABLE 176 EPSI: COMPANY OVERVIEW 192
TABLE 177 EPSI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 192
14.1.8 PRESSURE TECHNOLOGY, INC. 193
TABLE 178 PRESSURE TECHNOLOGY, INC.: COMPANY OVERVIEW 193
TABLE 179 PRESSURE TECHNOLOGY, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
14.1.9 SHANXI GOLDEN KAIYUAN CO., LTD. 194
TABLE 180 SHANXI GOLDEN KAIYUAN CO., LTD.: COMPANY OVERVIEW 194
TABLE 181 SHANXI GOLDEN KAIYUAN CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 194
14.1.10 FLUITRON 196
TABLE 182 FLUITRON: COMPANY OVERVIEW 196
TABLE 183 FLUITRON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196
14.2 OTHER PLAYERS 197
14.2.1 SANDVIK POWDER SOLUTIONS AB 197
14.2.2 INSMART SYSTEMS 198
14.2.3 TIANJIN TAIPINGYANG ULTRA-HIGH-PRESSURE EQUIPMENT 199
14.2.4 ISOSTATIC PRESSING SERVICES 200
14.2.5 FREY & CO. GMBH 201
14.2.6 KITTYHAWK 201
14.2.7 ILSHIN AUTOCLAVE CO., LTD. 202
14.2.8 QUAD CITY MANUFACTURING LAB (QCML) 202
14.2.9 HIPERBARIC 203
14.2.10 AUBERT & DUVAL 203
14.2.11 HOGANAS 204
14.2.12 AEGIS TECHNOLOGY 205
14.2.13 MTI CORPORATION 205
14.2.14 PTC INDUSTRIES 206
14.2.15 TECHFORM ADVANCED CASTING TECHNOLOGY LLC 206
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKETS 207
15.1 INTRODUCTION 207
15.2 LIMITATIONS 207
15.3 3D PRINTING MARKET, BY OFFERING 207
15.3.1 INTRODUCTION 207
TABLE 184 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 208
TABLE 185 3D PRINTING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 208
15.3.2 PRINTERS 209
TABLE 186 PRINTERS: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION) 210
TABLE 187 PRINTERS: 3D PRINTING MARKET, BY TYPE, 2023–2028 (USD MILLION) 210
TABLE 188 PRINTERS: 3D PRINTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 210
TABLE 189 PRINTERS: 3D PRINTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 210
TABLE 190 PRINTERS: 3D PRINTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 211
TABLE 191 PRINTERS: 3D PRINTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 211
TABLE 192 PRINTERS: 3D PRINTING MARKET, BY REGION, 2019–2022 (USD MILLION) 212
TABLE 193 PRINTERS: 3D PRINTING MARKET, BY REGION, 2023–2028 (USD MILLION) 212
15.3.2.1 Desktop printers 212
15.3.2.2 Industrial printers 212
15.3.3 MATERIALS 213
TABLE 194 SOFTWARE: 3D PRINTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 213
TABLE 195 SOFTWARE: 3D PRINTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 213
TABLE 196 SOFTWARE: 3D PRINTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 214
TABLE 197 SOFTWARE: 3D PRINTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 214
TABLE 198 SOFTWARE: 3D PRINTING MARKET, BY REGION, 2019–2022 (USD MILLION) 215
TABLE 199 SOFTWARE: 3D PRINTING MARKET, BY REGION, 2023–2028 (USD MILLION) 215
TABLE 200 MATERIALS: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION) 215
TABLE 201 MATERIALS: 3D PRINTING MARKET, BY TYPE, 2023–2028 (USD MILLION) 216
15.3.3.1 Plastics 216
TABLE 202 PLASTICS: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION) 216
TABLE 203 PLASTICS: 3D PRINTING MARKET, BY TYPE, 2023–2028 (USD MILLION) 217
15.3.3.1.1 Thermoplastics 217
TABLE 204 THERMOPLASTICS: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION) 217
TABLE 205 THERMOPLASTICS: 3D PRINTING MARKET, BY TYPE, 2023–2028 (USD MILLION) 217
15.3.3.1.1.1 Acrylonitrile butadiene styrene (ABS) 218
TABLE 206 TECHNICAL SPECIFICATIONS OF ABS 218
15.3.3.1.1.2 Polylactic acid (PLA) 218
TABLE 207 TECHNICAL SPECIFICATIONS OF PLA 219
15.3.3.1.1.3 Nylon 219
TABLE 208 TECHNICAL SPECIFICATIONS OF NYLON 219
15.3.3.1.1.4 Others 219
TABLE 209 TECHNICAL SPECIFICATIONS OF POLYPROPYLENE 220
TABLE 210 TECHNICAL SPECIFICATIONS OF POLYCARBONATE 220
TABLE 211 TECHNICAL SPECIFICATIONS OF PVA 221
15.3.3.1.2 Photopolymers 221
15.3.3.2 Metals 221
TABLE 212 METALS: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION) 222
TABLE 213 METALS: 3D PRINTING MARKET, BY TYPE, 2023–2028 (USD MILLION) 222
15.3.3.2.1 Steel 222
15.3.3.2.2 Aluminum 222
15.3.3.2.3 Titanium 223
15.3.3.2.4 Nickel 223
15.3.3.2.5 Other metals 223
15.3.3.3 Ceramics 224
15.3.3.4 Other materials 224
15.3.3.4.1 Wax 224
15.3.3.4.2 Laywood 225
15.3.3.4.3 Paper 225
15.3.3.4.4 Biocompatible materials 225
15.3.3.4.5 3D printing market for materials, by form 225
15.3.3.4.5.1 Filament 225
15.3.3.4.5.2 Powder 225
15.3.3.4.5.3 Liquid 226
15.3.4 SOFTWARE 226
TABLE 214 SOFTWARE: 3D PRINTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 226
TABLE 215 SOFTWARE: 3D PRINTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 226
TABLE 216 SOFTWARE: 3D PRINTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 227
TABLE 217 SOFTWARE: 3D PRINTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 227
TABLE 218 SOFTWARE: 3D PRINTING MARKET, BY REGION, 2019–2022 (USD MILLION) 228
TABLE 219 SOFTWARE: 3D PRINTING MARKET, BY REGION, 2023–2028 (USD MILLION) 228
15.3.4.1 Design 228
15.3.4.2 Inspection 228
15.3.4.3 Printing 228
15.3.4.4 Scanning 229
15.3.5 SERVICES 229
TABLE 220 SERVICES: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION) 229
TABLE 221 SERVICES: 3D PRINTING MARKET, BY TYPE, 2023–2028 (USD MILLION) 230
TABLE 222 SERVICES: 3D PRINTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 230
TABLE 223 SERVICES: 3D PRINTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 230
TABLE 224 SERVICES: 3D PRINTING MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 231
TABLE 225 SERVICES: 3D PRINTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 231
TABLE 226 SERVICES: 3D PRINTING MARKET, BY REGION, 2019–2022 (USD MILLION) 232
TABLE 227 SERVICES: 3D PRINTING MARKET, BY REGION, 2023–2028 (USD MILLION) 232
16 APPENDIX 233
16.1 INSIGHTS FROM INDUSTRY EXPERTS 233
16.2 DISCUSSION GUIDE 233
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 236
16.4 CUSTOMIZATION OPTIONS 238
16.5 RELATED REPORTS 238
16.6 AUTHOR DETAILS 239
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