Building Information Modelling Market Prospering on Upcoming Smart Cities

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The Europe Building Information Modeling Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

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Industry Market Research for Business Leaders, Strategists, Decision Makers

Press Release According to the new market research report by IndustryARC titled “European Building Information Modeling Market By Type (Software, Services), By End-User (Architects, Engineer, Owners), By Vertical (Commercial, Residential, Educational) & By Country (Austria, Germany & Switzerland) Forecast (2018-2023)”, the market is driven by the increasing government and private investments from the developing economies in Europe, along with the government regulations mandating the adoption of BIM. Contractors segment to dominate the Europe Building Information Modeling Market: In 2015, the contractor's segment reached $254.22 million. It is expected to reach$ 898.08 million by 2023 at a CAGR of 16.47% during the forecast period. Contractors can make use of BIM as a simulation of the actual project which ensures a better quality of the project. They access the information through periodic drawings, reports, drawings, work schedules, and others. The growing adoption of BIM is a major shift in ICT (Information and Communication Technology) and digital construction procedures in the architecture and engineering construction sector. developments in information technology that allow the contractors to access more accurate visual information about the projects will enhance the growth of this segment in the coming years.

Selected Analysis done in the full Report: The residential sector reached a revenue of $153.49 million by 2017. It is expected to reach a revenue of $274.69 million by 2023 at a CAGR of 10.19%. The residential sector consists of multifamily apartments, condos and independent housing constructions such as villas, mansions, bungalows, etc. Building Information Modeling is an essential requirement for home constructors to compete in the residential market. Deployment of the home building business that supports the BIM implementation in residential projects require a high initial investment for new software, training, or hiring BIM experts. The various software used in the residential sector includes VisionREZ, Vertex BD, Envisioneer, ARCHICAD 19 Solo, SoftPlan, FreshBrix, and others.

Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=17952 Excerpts on Market Growth Factors: •The recent boom in the Public infrastructure and other renovation projects is driving the European Building Information Modeling Market. •Emphasis to reduce construction failure and operational costs will pave the way for BIM in construction projects. •There is a need for automated and digital models such as BIM, which aids to enhance the efficacy of the construction projects, and also reduce costs.

Key players of the European Building Information Modeling Market : Nemetschek AG and Autodesk are the dominant players in the European Building Information Modeling Market. Nemetschek AG provides solutions of computer-aided design (CAD) and computer-

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aided engineering (CAE) to architects, civil engineers, structural designers, design planners. Autodesk has acquired Delcam Ltd. (U.K.) to improve the business, better products, improve customer support, and implement smarter marketing. It has acquired netfabb GmbH (Germany) to provide software solutions that reduce production costs and increase efficiency in 3D printing. Related Report: A.Building Information Modeling Market: https://industryarc.com/Report/16193/building-information-modeling-market.html B.3D Imaging Market: https://industryarc.com/Report/15308/3d-imaging-market.html Any other custom requirements can be discussed with our team, sales@industryarc.com to discuss more about our consulting services.

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To request for a proposal, provide your details in the below link: https://industryarc.com/subscription.php Media Contact: Mr. Venkat Reddy Sales Manager Email : sales@industryarc.com Contact Sales: +1-614-588-8538 (Ext-101) About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare

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Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Building Information Modeling - Market Overview 1.1.Introduction 1.2.Market Scope 1.3.Stakeholders 2. Building Information Modeling Market - Executive Summary 3. Building Information Modeling Market - Market Landscape 3.1.Market Share Analysis 3.1.1.Comprehensive Market Share Analysis 3.2.Comparative Analysis 3.2.1.Competitor Benchmarking 3.2.2.Competitor Financial Analysis 3.2.3.Patent Analysis 3.2.4.End-User Profiling 4. Building Information Modeling Market- Market Forces 4.1.Market Drivers 4.1.1.Rising public infrastructure & residential projects in the region 4.1.2.Increasing need of automated models at each phase of construction value chain 4.2.Market Constraints 4.2.1.High Cost of Software & operation over multiple databases 4.3.Market Challenges 4.3.1.Requirement of skilled labor for BIM analysis 4.4.Attractiveness of the Building Information Modeling Market Industry 4.4.1.Power of Suppliers 4.4.2.Power of Customers 4.4.3.Threat of New entrants 4.4.4.Threat of Substitution 4.4.5.Degree of Competition 5. Building Information Modeling Market- Strategic Analysis 5.1.Value Chain Analysis 5.2.Pricing Analysis 5.3.Opportunities Analysis 5.4.Life Cycle Analysis 6. Building Information Modeling Market- By Type 6.1.Introduction 6.2.Software 6.3.Services 7. Building Information Modeling Market- By Industry Vertical 7.1.Introduction 7.2.Commercial 7.3.Residential 7.4.Public Infrastructure 7.4.1.Transportation 7.4.1.1.Rail 7.4.1.2.Road 7.4.1.3.Waterway 7.4.2.Bridge 7.4.3.Tunnel 7.4.4.Dam 7.5.Educational

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7.6.Healthcare 7.7.Industrial 7.8.Sports and Entertainment 7.9.Others 8. Building Information Modeling Market- By End User Verticals 8.1.Introduction 8.2.Construction Managers/ Contractors 8.3.Architects 8.4.Engineers 8.5.Owners 8.6.Others 9. Building Information Modeling Market- By Country 9.1.Introduction 9.2.North America 9.2.1.U.S. 9.2.2.Canada 9.2.3.Mexico 9.3.Europe 9.3.1.U.K. 9.3.2.France 9.3.3.Italy 9.3.4.Spain 9.3.5.Germany 9.3.6.Switzerland 9.3.7.Austria 9.3.8.Rest of Europe 9.4.APAC 9.4.1.Singapore 9.4.2. Australia & New zealand 9.4.3. South Korea 9.4.4. Japan 9.4.5. China 9.4.6. Rest Of APAC 9.5.RoW 9.5.1.Middle East 9.5.2. Brazil 9.5.3. Rest Of RoW 10. Building Information Modeling Market Entropy 10.1.Introduction 10.2.Most Dominant Strategy 10.3.Mergers, Agreements & Partnerships 10.4.Acquisitions and Others 11.Company Profiles 11.1. Company 1 11.2. Company 2 11.3. Company 3 11.4. Company 4 11.5. Company 5 11.6. Company 6 11.7. Company 7 11.8. Company 8 11.9. Company 9 11.10. Company 10 *More than 10 Companies are profiled in this Research Report* "*Financials would be provided on a best efforts basis for private companies" 12. BIM - Market Insights By Industry Experts 13.Appendix 13.1.Abbreviations

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13.2.Sources 13.3.Research Methodology 13.4.Bibliography 13.5.Compilation of Experts 13.6.Disclaimer

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Industry Market Research for Business Leaders, Strategists, Decision Makers

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