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Building information modelling market are increasingly adopted into diverse industries due to the wide range of benefits that it offers and is highly focused in the engineering and construction sector.
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Building Information Modelling Market Key Vendors Research Report to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Building Information Modelling Market: • U.S is anticipated to dominate the building information modelling market owing to the government regulations and rising awareness of its benefits among the contractors and constructors of commercial buildings. • Rapid industrialization in emerging economies, for instance China and India, is expected to increase the building information modelling market growth in the Asia Pacific region.
Application Analysis of BIM Market: • Building information modelling market can be segmented on verticals include commercial, industrial, institutional, residential and infrastructure. The commercial and industrial segments are predicted to witness significant demand during the forecast timespan. • Additionally, digital prototyping analysis and simulation aid in shortening the time required to complete the designing and construction of the project while boosting the productivity and lowering the risk associated with it. • Project life cycle segmentation of the building information modelling market comprises of pre-construction, construction and operation segments. The pre-construction segment is anticipated to dominate the industry since usage of these software during this stage boost efficiency and reduce the threat of making a critical error.
Competitive Market Share of Building Information Modelling Market: • Companies in the building information modelling market include Beck Technology Ltd., Nemetschek Group, Autodesk Inc., Trimble Navigation Ltd, Asite Solutions Ltd, AECOM, Bentley Systems, Dassault Systems SA, and Pentagon Solutions Ltd. Players operating in the global marketplace need to adopt business strategies such as mergers, acquisitions and partnerships to capture market share and strengthen their foothold. • In December 2016, Software provider Nemetschek SE had announced its acquisition of dRofus. This was done to strengthen Nemetschek Group’s international hold which focuses on innovations such as Open building information modelling.
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