Generative Design Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Generative Design Market?
The generative design market is projected to grow on account of an increase in commercial vehicle sales. Commercial vehicles, which are motorized vehicles primarily utilized for the transportation of goods, passengers, or the delivery of services for monetary benefit or business objectives, are seeing a sales increase. This increase is attributed to rising consumer demand, the burgeoning EV industry, and attractive financing possibilities, all of which stimulate the demand for novel engineering solutions. Generative design ameliorates the structural robustness and efficiency of commercial vehicles, lowering their weight and fuel usage whilst improving performance and safety. For instance, the U.S. Energy Information Administration stated in August 2024 that there was an increase in the sales of new light-duty vehicles (LDVs) with alternative fuels. As per Wards Intelligence, LDV sales with alternative fuels escalated from 17.8% of total LDV sales in Q1 2024 to 18.7% in Q2. Hybrid electric vehicle (HEV) sales saw a substantial increase of 30.7% year-over-year, comprising 8.6% of the light-duty market in Q1 and 9.6% in Q2. Sales of plug-in hybrid electric vehicles witnessed a slight increase, going from 1.7% to 2.0% of the total market. Thus, the growing sales of commercial vehicles are fueling the expansion of the generative design market.
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What is the Predicted Annual Growth Rate of theGenerative Design Market Impact Industry Trends by 2034?
In the past few years, the size of the generative design market has seen rapid expansion. It is projected to increase from $3.78 billion in 2024 to $4.51 billion in 2025, with a compound annual growth rate (CAGR) of 19.2%. The historic period’s growth can be linked to the wider adoption of generative design across different sectors, the escalating demand for lightweight and high-performance structures in a range of industries, increased attention to sustainability and environmental issues, and a rise in regulatory approvals and compliance with standards.
The market size of generative design is predicted to witness a swift expansion in the impending years, escalating to $9 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 18.9%. The surge during the forecast period may be ascribed to the mounting focus on optimizing product performance, broadening to fresh industrial segments, hastening digital transformation across various sectors, and the increasing market thirst for tailored products. Noteworthy trends in the forecast timeframe encompass the incorporation of artificial intelligence (AI) and machine learning (ML) technologies, the uptake of cloud-based generative design platforms, the amalgamation of generative design with additive manufacturing techniques, hybrid design strategies, and the democratization of generative design toolkits.
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What Are the Most Significant Market Trends Transforming theGenerative Design Market?
Leading firms in the generative design market are emphasizing the advancement and creation of novel technological solutions, such as generative AI elements, to secure a competitive edge. Generative AI elements encompass the fusion of artificial intelligence (AI) capabilities with generative design, thus augmenting its function and performance. This enables generative design software to apply advanced AI algorithms and machine learning methods to autonomously produce, assess, and perfect design solutions. For instance, in May 2023, Evolv AI, a software firm based in the United States, unveiled a range of generative AI capabilities available in beta. The initial feature launched was a description-to-design element which facilitated businesses to instantaneously manifest visual web page changes from rudimentary text descriptions within Evolv AI’s web editor. This breakthrough transformed the scene of personalization and experimentation. The underlying technology is generative AI, enabling the automatic creation of design variations based on text descriptions via machine learning methods. This breakthrough provides businesses with the capability to instantly bring about visual web page changes from text descriptions, utterly transforming personalization and experimentation.
What Are the Top Market Players Propelling the Growth of theGenerative Design Industry?
Major companies operating in the generative design market report are Dassault Systèmes SE; Hexagon AB; Synopsys Inc.; Autodesk Inc.; Cadence Design Systems Inc.; ANSYS Inc.; Parametric Technology Corporation; The MathWorks Inc.; Bentley Systems Inc.; Altair Engineering Inc.; Materialise NV; MSC Software Corporation; Desktop Metal Inc.; ESI Group; CoreTech System Co. Ltd.; Innovyze Inc.; SoftInWay Inc.; ESTECO SpA; Concepts NREC; HBM nCode; Volume Graphics GmbH; Opticore AB; SimScale GmbH; Onshape Inc.; Caracol AM; nTopology Inc.; Diabatix; Granta Design Limited; Lattice Technology Inc.
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Which Primary Segments of the Generative Design Market Are Driving Growth and Industry Transformations?
The generative design market covered in this report is segmented –
1) By Software Solutions: Topology Optimization, Parametric Design Tools, Simulation And Analysis, Algorithmic Design Platforms
2) By Deployment Models: On-Premises, Cloud-Based
3) By Services: Consulting And Training, Implementation And Integration
4) By Industry: Automotive, Aerospace And Defense, Architecture And Construction, Industrial Manufacturing, Other Industries
Subsegments:
1) By Topology Optimization: Structural Design Optimization, Lightweight Design, Material Usage Optimization
2) By Parametric Design Tools: Shape And Form Customization, Geometry-Based Design, Performance-Driven Design Parameters
3) By Simulation And Analysis: Stress And Strain Testing, Fluid Dynamics And Thermal Analysis, Structural Integrity And Performance Simulation
4) By Algorithmic Design Platforms: Algorithmic Pattern Generation, Design Space Exploration, Evolutionary Design And Optimization
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Generative Design Market?# Market?
North America was the largest region in the generative design market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative design market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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