Global Drafting Services Market

An architectural firm provides services such as planning, designing, and supervising the complex task of building construction. An engineering firm can provide extensive consultation to a company needing expert advice and solutions. The company can accept the project and work on evaluating, designing, simulating, and testing the product. The main types of architectural and engineering consultants and related services are engineering services, architectural services, surveying and mapping services, geophysical services, laboratory testing services, building inspection services, and drafting services. Engineering services are defined as those provided for system, assembly, or product deployments that are comparable in material, design, and scope to those stated for this program. It is used in various applications such as road, rail, port, airport, pipeline, power and others. The different service providers include large enterprises as well as small and medium-sized enterprises. The global architectural, engineering, and related services market research report is one of a series of new reports from The Business Research Company that provides global architectural, engineering, and related services market statistics, including global architectural, engineering, and related services industry global market size, regional shares, competitors with a global architectural, engineering, and related services market share, detailed global architectural, engineering, and related services market segments, market trends and opportunities, and any further data you may need to thrive in the global architectural, engineering, and related services industry. This global architectural, engineering, and related services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global architectural, engineering consultants and related services market grew from $1,456.69 billion in 2022 to $1,525.79 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The architectural, engineering consultants and related services market is expected to grow from $1,773.06 billion in 2027 at a CAGR of 3.8%. The rise in demand for environmentally safe and certified buildings is expected to drive the architecture and engineering services market. Consumers, state governments, and NGOs are working towards making residential and commercial buildings more energy efficient and self-sufficient. Private constructors and real estate developers are redesigning projects to fulfil these demands, leading to many benefits such as an increase in rental and resale value, home-owner satisfaction, lower operating costs, and regional or international recognition. The US Green Building Council launched the Leadership in Energy and Environmental Design (LEED) certification program to establish a set of rating systems that define the construction, design, and maintenance of residential projects. According to a study by the US Green Building Council (USGBC), LEED-certified buildings have managed to reduce carbon, energy, waste, and water waste by almost 30–97% and operating costs by more than 9%. The outbreak of COVID-19 disease (COVID-19) has acted as a restraint on the architectural, engineering, and related services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the architectural, engineering, and related services market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Architectural and engineering consultants are using 5D building information modelling (BIM) to create dynamic building designs that can be altered at later stages of the project. BIM software is a tool used to design buildings and structures, including lighting, HVAC systems, and mechanical, electrical, and plumbing systems. It can also be used for clash detection, cost estimation, and safety analysis. 5D building information modelling (BIM) involves creating architectural designs that can be modified and customized in real time. This system collects data from different project teams and helps collaborate with the entire construction chain, eliminating project delays. For instance, construction management company The Korte Company is using 5D BIM technology for project design, planning, and cost estimation, thereby enabling faster decision-making. The Maharashtra Metro Rail Corporation in the Indian state of Maharashtra is using 5D BIM in its construction projects worth $3 billion to reduce costs and litigation. Major companies in the architecture, engineering, and other related services market include PowerChina, Fluor Corporation, AECOM Technology Corporation, WorleyParsons Limited, McDermott International Inc., Jacobs Engineering Group Inc., John Wood Group PLC, KBR Inc., Babcock International, and WSP Global Inc. Western Europe was the largest region in the architectural, engineering consultants and related services market in 2022. North America was the second largest region in the architectural, engineering consultants and related services market. The regions covered in the architecture, engineering consultants and other related services (A, EC & related services) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the architectural, engineering consultants and related services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The architecture, engineering and other related services market consists of revenue earned by entities by providing support to the planning and designing of construction related businesses of all sizes across all industries. Business entities that are engaged in providing architecture, engineering and other related services are generally referred to as architectural firms or engineering consultancy firms. Architecture, engineering and related services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global architectural, engineering consultants and related services market is segmented - 1) By Type: Engineering Services, Architectural Services, Surveying & Mapping Services, Geophysical Services, Laboratory Testing Services, Building Inspection Services, Drafting Services 2) By Application: Road, Rail, Port, Airport, Pipeline, Power, Other Applications 3) By Service Provider: Large Enterprise, Small and Medium Enterprise Subsegments Covered: Civil Engineering Services, Electrical Engineering Services, Mechanical Engineering Services, Other Engineering Services, Landscape Architectural Services, Building And Structural Architectural Services Geophysical Data Collection, Geophysical Data Sales, Integrated Geophysical Services, Other Geophysical Services

Legal process outsourcing refers to outsourcing legal functions or processes to an external, third-party service provider to save costs and for knowledge sharing, where discrete legal services are transferred from internal departments to external firms, paraprofessionals, or local lawyers. Outsourcing legal work allows firms to quickly scale up for a case or project, putting them on equal footing with larger firms. Flexible staffing also lowers the firm's overhead. The main types of legal process outsourcing services include contract drafting, review, and management, compliance assistance, e-discovery, litigation support, patent support, and other LPO services. The contract drafting service involves processes for writing down the terms and conditions of an agreement related to legal matters. The parties involved go through several drafts and negotiation sessions before the official legal contract is finalized. The legal process outsourcing service providers to both on-shore and offshore customers from law firms, enterprises, and government. The legal process outsourcing market research report is one of a series of new reports from The Business Research Company that provides legal process outsourcing market statistics, including legal process outsourcing industry global market size, regional shares, competitors with a legal process outsourcing market share, detailed legal process outsourcing market segments, market trends and opportunities, and any further data you may need to thrive in the legal process outsourcing industry. This legal process outsourcing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global legal process outsourcing market size grew from $11.76 billion in 2022 to $14.81 billion in 2023, at a compound annual growth rate (CAGR) of 26.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The legal process outsourcing market size is expected to grow to $38.13 billion in 2027 at a CAGR of 26.7%. The high demand for legal assistance is expected to drive the legal process outsourcing market. Legal assistance is witnessing high demand due to various reasons such as workplace problems, rising financial hardship, domestic violence protective orders, various debt matters, strict laws, and others. This rising need for legal assistance will lead to high demand for legal services including legal process outsourcing as even standalone firms cannot handle the rising demand for legal services, making them outsource the legal services. The legal process outsourcing enables knowledge sharing and reduces costs for firms in addition to providing legal assistance. For instance, according to the 2020 legal department strategy survey involving chief and senior legal officers by Deloitte, 78% of respondents indicated that the legal workload has increased due to COVID-19. Over 50% of all respondents expect to increase engagement with alternate legal service providers (ALSPs), whether these were part of their model before COVID-19 or not. In addition, according to the US Bureau of Labor Statistics, the employment requirement of legal assistants and paralegals is expected to grow by 12% from 2020 to 2030, which is faster than the average for all occupations. Both instances signify that the need for legal assistance is increasing significantly. Thus, the high demand for legal assistance will propel the growth of the legal process outsourcing market. Technology advancement is a key trend gaining popularity in the legal process outsourcing market. The market is witnessing the integration of technological advancements in legal process outsourcing services such as the integration of cloud technology for better e-discovery services. These solutions enable firms to streamline their legal functions and improve customer experience. Many companies operating in the legal process outsourcing market are focusing on adopting advanced solutions to impirve their business activities and strengthen their market position. For instance, in July 2021, Cobra Legal Solutions, a US-based legal support services provider announced the expansion of its eDiscovery offering with the addition of Relativity’s cloud-based eDiscovery solution, RelativityOne. Through this technology, firms can streamline their discovery process in a single, secure SaaS (software as a service) platform that covers the full range of e-discovery, from legal hold to production. In October 2022, Odyssey Investment Partners LLC, a US-based middle-market private equity firm, acquired Magna Legal Services for an undisclosed amount. With this acquisition, Odyssey Investment Partners LLC would support Magna Legal Services, which further drive growth and expand their businesses. Magna Legal Services is a UK-based legal services company that provides litigation support services, such as court reporting, graphic design, jury consulting, record retrieval, and translation services. Major players in the legal process outsourcing market are Cobra Legal Solutions LLC, CPA Global Limited, Elevate Services Inc., Infosys BPM Ltd., Integreon Managed Solutions Inc., Lex Outsourcing, QuisLex Inc., UnitedLex Corporation, Wipro Limited, Mindcrest Inc., Clutch Group, Pangea3 LLC, Clairvolex, American Discovery, Amstar Litigation Support, SmithDehn India, Acumen Legal Services Pvt Ltd., ADEC Innovations, BODHI Global Solutions, Datascribe Technologies Inc., Evalueserve SEZ, Kensium BPO, LawScribe Inc., Axiom Law, Exigent, Legal Advantage LLC, Capgemini SE, Capita, Ernst & Young Global Limited, Clarivate, and Cogneesol. Asia-Pacific was the largest region in the legal process outsourcing market in 2022. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the legal process outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the legal process outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The legal process outsourcing market includes revenues earned by entities by providing services such as professional outsourcing, IT outsourcing, manufacturing outsourcing, project outsourcing, process outsourcing, and operational outsourcing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global legal process outsourcing market is segmented - 1) By LPO Services: Contract Drafting, Review, and Management, Compliance Assistance, E-Discovery, Litigation Support, Patent Support; Other LPO Services 2) By Location: Offshore, On-shore 3) By Application: Law Firm, Enterpris , Government

Container house refers to a unique concept that converts a steel structure—basically a ship structure—into a residential area. Multiple stories are created by stacking and connecting these enormous containers, each of which is the size of a single floor of a house. Container house manufacturers utilize shipping containers to construct sustainable, affordable, high-quality houses. These houses are considered environmentally friendly homes as they are made from used containers, which reduces the use of metal. The container houses market covered in this report is segmented by construction type into fixed, movable. The container houses market is also segmented by end user into residential homes, recreational homes, emergency homes, and nursing homes, and by architecture type into duplexes and bungalows, tiny houses, multistory buildings and apartments. The container houses market research report is one of a series of new reports from The Business Research Company that provides container houses market statistics, including container houses industry global market size, regional shares, competitors with a container houses market share, detailed container houses market segments, market trends and opportunities, and any further data you may need to thrive in the container houses industry. This container houses market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global container houses market size will grow from $55.67 billion in 2022 to $62.73 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The container houses market size is expected to grow from $80.05 billion in 2027 at a CAGR of 6.3%. The space constraint issues and resulting rise in housing prices in most of the major cities across the world is driving the growth in the container houses market. Container houses make use of the old shipping containers to build their houses and require very less space compared to conventional houses, thus saving space. According to Discover containers, every time a 40-foot container is recycled and reused to construct a house close to 3500 kilograms of steel can be used again, which would otherwise be melted down. Moreover, people in urban areas are opting for container houses in order to afford a cheaper living, as container houses costs less compared to tradition houses. The affordable housing program in Alberta received a funding of $10 million from the US federal government. The program is aimed at using repurposed shipping containers to build houses. The container houses market is expected to benefit from increasing space constraints and housing prices during the forecast period. High possibility of corrosion is restraining the growth of the market for container houses. The life span of the container house is highly dependent on the climate in which the shipping container is located. Container houses corrode faster in coastal areas due to a large amount of salt in the air. For instance, according to the Confoot report, the average lifespan of a heavily used container house is close to 10-15 years if high maintenance is applied. For container houses that are not used as often can last up to 25 years, after which, it can no longer be used. This dependence of container houses on climatic factors and high vulnerability to corrosion is restraining the growth of the market. Companies in the container houses market are increasingly adopting artificial intelligence (AI) into manufacturing of container houses, in order to develop better designs for the houses. AI can be used in detecting and resolving any constructional issues before starting the manufacturing process. AI is an essential sketch platform that helps in generating many innovative layouts or designs. This helps companies to reduce the manufacturing cost and time and improve constructional safety. With the use of artificial intelligence, customers can also accurately correlate the size of the area to the number of goods or appliances that will fit in that respective area. The container houses market is regulated by various regulatory bodies and gaining permission for the construction of container houses is a complex process. A container house cannot be constructed anywhere, as there are certain zoning regulations and building codes restricting such construction. According to zoning regulations, all the similar construction houses are built together at one place. Whereas, the building codes state the standards to be followed for the construction of a container home. Building codes include information on the type of formation to be used, the square foot requirements of each room, minimum insulation required and other specifications. Major players in the container houses market are Giant Containers, SG Blocks, Inc., Gaint Containers, Anderco Pte Ltd., and Container Homes USA. Asia-Pacific was the largest region in the container houses market in 2022. The regions covered in the container houses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the container houses market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The container house market consists of sales of steel anchorage, concrete block footing, ground beam and steel cable fixation. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global container houses market is segmented - 1) By Construction Type: Fixed, Movable 2) By End User: Residential Homes, Recreational Homes, Emergency Homes, Nursing Homes 3) By Architecture Type: Duplex/Bungalow, Tiny House, Multistory Building/Apartments

Weathering steel refers to a group of low-carbon steels that contain atoms of extra alloying elements along with carbon and iron and develop a protective oxide film on their surface. They are used for exposed steel buildings because they outlast plain carbon steel in outdoor environments, eliminating the need for steel repainting and recoating on a regular basis. The main types of weathering steel are corten-A, corten-B, and others (a604, a606, etc.). Corton-A refers to weather-resistant steel being created by alloying copper, chromium, and nickel. Corten A has added phosphorous, which will make the material best suited for gas flue applications and for aesthetic facias. The material is not recommended for heavy load-bearing applications. Weathering steel is of various forms, such as plates, sheets, bars, and others (coils, rivets, stripes, tubes, etc.). They are available in different colors, including painted and unpainted. Weathering steel is used by end uses that include building and construction, transportation, art and architecture, and industrial uses (street lights). The weathering steel research report is one of a series of new reports from The Business Research Company that provides weathering steel statistics, including weathering steel industry global market size, regional shares, competitors with weathering steel shares, detailed weathering steel segments, market trends and opportunities, and any further data you may need to thrive in the weathering steel industry. This weathering steel research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global weathering steel market size grew from $1.19 billion in 2022 to $1.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The weathering steel market size is expected to grow to $1.92 billion in 2027 at a CAGR of 10.1%. The rapidly growing construction and transportation industries are contributing to the growth of the weathered steel market. Weathering steel is being used in several architectural and sculpture applications owing to its key material features like improved corrosion resistance, longer shelf life, good aesthetic appeal, high strength, and low maintenance. For instance, according to the Ministry of Statistics and Programme Implementation, the construction sector will grow at 10.7% in FY 2022, a rebound from a contraction of 8.6% in 2021, aided by the base effect and a projected 9.2% growth. Similarly, according to Wolters Kluwer data 2021, the global transportation industry is expected to grow at a rate of 3.4% through 2027. Thus, the rapidly growing construction and transportation industries will drive the growth of the weathered steel market. Technological advancement is a key trend gaining popularity in the weathered steel market. ArcelorMittal Europe Long Products, for example, launched RailCor® in 2021, a new range of corrosion-resistant rails for protecting against severe corrosion environments, whether the rails are installed inside tunnels, city centers, or coastal areas, for example, to face demanding corrosion challenges, fight specific corrosion, or even protect the rails during shipment. RailCor® was developed by ArcelorMittal Global R&D and has been tested in accelerated corrosion tests using a variety of systems. Under the most severe conditions, the selected solutions were tested for more than 2 years on real tracks. In January 2021, US Steel, a US-based integrated steel producer, acquired Big River Steel for a deal of $774 million. This acquisition is fully expected to generate profitable growth in 2021 and enable a more nimble, innovative, and cost-effective company across the business cycle. Big River Steel is a US-based manufacturer of steel. Big River Steel operates the most advanced, state-of-the-art sustainable mill in North America, and this acquisition will strengthen US Steel's position in highly strategic steel end-markets. Major players in the weathering steel market are Arcelor Mittal, United States Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, Tata Steel Ltd., Posco, SSAB AB, JFE Steel Corporation, Bluescope Steel Limited, HBIS Group, A. Zahner Company, Metal Sales Manufacturing Corporation, Henan Gang Iron and Steel Co. Ltd., Masteel UK, Cascadia Metal, Triton, and Amardeep Steel. Asia-Pacific was the largest region in the weathering steel market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the weathering steel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Weathering Steel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The weathering steel market consists of sales of STM A588, A242, A606-4, and Corten.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global weathering steel market is segmented - 1) By Type: Corten-A, Corten-B, Other Types 2) By Form: Plates, Sheets, Bars, Other Forms 3) By Availability: Painted, Unpainted 4) By End Use: Building and Construction, Transportation, Art and Architecture, Industrial, Other End Use

Visualization and 3D rendering software generate an image based on three-dimensional data that is stored in a computer program. It is used for creating graphical content and representations used for applications and displays. The main product types of visualization and 3D rendering software are plugin, and stand-alone. Stand-alone is intended, designed, or able to be used or to function alone or separately. The different deployment modes include on-premises and cloud-based. The various applications involved are product design and modeling, animation, visualization, and simulation. The several end-users include architecture, engineering and construction, gaming, healthcare, manufacturing, automotive, media, and entertainment, others. The visualization and 3D rendering software market research report is one of a series of new reports from The Business Research Company that provides visualization and 3D rendering software market statistics, including visualization and 3D rendering software industry global market size, regional shares, competitors with a visualization and 3D rendering software market share, detailed visualization and 3D rendering software market segments, market trends and opportunities, and any further data you may need to thrive in the visualization and 3D rendering software industry. This visualization and 3D rendering software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global visualization and 3d rendering software market size grew from $2.94 billion in 2022 to $3.64 billion in 2023 at a compound annual growth rate (CAGR) of 23.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The visualization and 3d rendering software market size is expected to grow to $8.39 billion in 2027 at a CAGR of 23.2%. The increasing demand for gaming and videography is contributing to the growth of the visualization and 3D rendering software market. Gaming refers to the act of playing various games. The visualization and 3D rendering software help to enhance various objects and designs displayed in games and movies. The companies in the gaming and videography market are using 3D rendering software to create realistic movie scenes and video games for the audience. For instance, according to the Entertainment Software Association (ESA), a US-based association of video games, in 2021, nearly 227 million people played video games in the US. In addition, two-thirds of adults and three-quarters of children under the age of 18 play video games at least once a week. Therefore, the increasing demand for gaming and videography is promoting the demand for visualization and 3D rendering software market. The use of artificial intelligence and machine learning in visualization and 3D rending software is the key trend in the visualization and 3D rending market. Integration of machine learning can decrease the effort and time of users to prepare renders. These AI and machine learning techniques will also provide real and attractive 3D render for customers. For instance, in February 2022, Printpal, a US-based machine learning firm, introduced PrintWatch, new artificial intelligence-based defect detection software for use with 3D printers. PrintWatch leverage the use of machine learning to monitor 3D print jobs and determines exactly when a defect begins to form in real-time and takes necessary actions. The software is designed to prevent printers from carrying a defective print which saves time and filament while reducing the risk of hardware damage. In June 2021, Bentley Systems Incorporated, a US-based software development company acquired Seequent Holdings Limited for approximately $900 million. This transaction brings Seequent solutions together with those of Bentley, which will create a better class of software solutions. Bentley’s expertise in ground infrastructure perfectly complements Seequent’s world-leading solutions for below-ground infrastructure. Seequent will continue to provide the insights and software that Bently customers need to make better, more sustainable decisions about their earth, environment, and energy challenges, now as a part of Bentley. Seequent is a New Zealand-based software development platform for visual data science and collaborative technologies. Major players in the visualization and 3d rendering software market are Autodesk Inc., Adobe Inc., Chaos Software, Corel Corporation, Dassault Systemes SE, Luxion Inc., Next Limit Technologies, Newtek Inc., Nvidia Corporation, SAP SE, Siemens AG, Trimble Inc., Altair Engineering Inc., and Cebas Visual Technology Inc., North America was the largest region in the visualization and 3D rendering software market in 2022. The regions covered in the visualization and 3D rendering software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the visualization and 3D rendering software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The visualization and 3D rendering software market includes revenues earned by entities by providing software tools providing lighting, texturing, providing graphic designers and media developers to insert 3D models, objects, and characters into renderings. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global visualization and 3d rendering software market is segmented - 1) By Product Type: Plugin, Stand-Alone 2) By Deployment Mode: On-Premises, Cloud-Based 3) By Application: Product Design And Modeling, Animation, Visualization And Simulation 4) By End-User: Architecture, Engineering And Construction, Gaming, Healthcare, Manufacturing And Automotive, Media And Entertainment, Other End Users

3D CAD software is a technology that engineers, product developers, and designers use to create functional, virtual prototypes of three-dimensional objects. It facilitates and automates many aspects of product engineering, such as simulation testing, drawing and drafting, manufacturing, data management, computer-generated animation, and others. 3D CAD software is used to generate 3D models for creating, modifying, or optimizing a design. The different 3D CAD software deployment outlooks include cloud and on-premise. Cloud 3D CAD software is available on the internet for use through cloud computing providers' servers. The cloud-based environment facilitates easy access to saved schematics, schematic symbols, 2D drawings, 2D footprints, and 3D models all in one repository. The different enterprise sizes for 3D CAD software are small business, midsize enterprise and large enterprise for applications including automotive, architecture, healthcare, manufacturing, construction, media and entertainment, engineering, and other applications. The 3D CAD software market research report is one of a series of new reports from The Business Research Company that provides 3D CAD software market statistics, including 3D CAD software industry global market size, regional shares, competitors with a 3D CAD software market share, detailed 3D CAD software market segments, market trends and opportunities, and any further data you may need to thrive in the 3D CAD software industry. This 3D CAD software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global 3d cad software market size grew from $10 billion in 2022 to $10.69 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 3d cad software market size is expected to grow to $13.8 billion in 2027 at a CAGR of 6.6%. The increasing demand from the growing automotive industry is expected to drive the 3D CAD software market in the forecast period. CAD technology is applied in various ways during automotive engineering works and designing. It helps in prototyping and offers increased accuracy to reform work processes and to further develop their item plans for business development. In 2021, electric car sales doubled to 6.6 million from 3 million in 2020. Also, the manufacturing of cars in India grew to 30.82 lakh units in 2021, compared to 24.33 lakh units in 2020. Hence, the increasing demand for 3D CAD in the automotive manufacturing industry is expected to drive the market. Rapid technological advancements are shaping the 3D CAD software market. Technological advancements in 3D CAD software refers to an ability to improve the standard of working by altering the production process with the use of technology to make the process of production efficient, better and faster. For instance, in March 2022, Autodesk, an American multinational software corporation unveiled AutoCAD 2023, which will help designers to experience better insights, collaboration and automation of various processes while creating 3D models and designs. The new software allows to automatically import feedback into drawings, reducing the risk of errors and saving time. In May 2021, Autodesk, a US-based software company acquired Upchain for an undisclosed amount. The addition of Upchain to the Autodesk portfolio accelerates our mission to deliver the next-generation software platform for design and manufacturing and creates more value for customers by removing collaboration barriers and increasing efficiency and resiliency. Upchain is a US-based provider of instant-on, cloud-based product lifecycle management (PLM) and product data management (PDM) solutions operating in the 3D CAD software market. Major players in the 3D CAD software market are Oracle Corporation, Bricsys NV, Autodesk Inc., CAXA Technology Co. Ltd., Siemens PLM Software Inc., ZWSOFT Co. Ltd. Incorporated, Dassault Systèmes, Bentley Systems Inc., Graphisoft SE, Schott Systeme GmbH, SolidWorks Corp., 3D Systems Inc., IronCAD LLC., Trimble Inc., Intergraph Corporation and Graebert GmbH. North America was the largest region in the 3D CAD software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in 3D CAD software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the 3D CAD software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The 3D CAD software market includes revenues earned by entities by providing services such as design ideas, visualise concepts and simulate how designs perform in the real world. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global 3d cad software market is segmented - 1) By Deployment Outlook: Cloud, On-premise 2) By Enterprise Size: Small Business, Midsize Enterprise, Large Enterprise 3) By Application: Automotive, Architecture, Healthcare, Manufacturing, Construction, Media And Entertainment, Engineering, Other Applications

The 3D animation refers to the practice of arranging objects and characters in three-dimensional space and manipulating them to give the illusion of motion is known as 3D animation. Computer animation is a two-dimensional moving picture that displays three dimensions using three-dimensional computer graphics in a digital environment. Real-world artifacts can also be scanned and used as blueprints for 3D animated things. 3D animation is employed in a variety of industries, including gaming and medicine, and is widely used for presentations and marketing in all industries. The main types of 3D animation are 3D modeling, motion graphics, 3d rendering, and visual effects. 3D modeling is the act of using specialist software to create a mathematical coordinate-based representation of any surface of an item in three dimensions by manipulating edges, vertices, and polygons in a simulated three-dimensional environment. 3D animation can be deployed on-premise or cloud and can provide services such as consulting, support and maintenance, integration and deployment, education and training to media & entertainment, architecture & construction, education & academics, manufacturing, healthcare & life sciences, government & defense, others. The 3D animation market research report is one of a series of new reports from The Business Research Company that provides 3D animation market statistics, including 3D animation industry global market size, regional shares, competitors with a 3D animation market share, detailed 3D animation market segments, market trends and opportunities, and any further data you may need to thrive in the 3D animation industry. This 3D animation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global 3d animation market size grew from $20.75 billion in 2022 to $22.97 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 3d animation market size is expected to grow to $35.38 billion in 2027 at a CAGR of 11.4%. The growing adoption of visual effects technology in movies as well as the media and entertainment sector across the globe is contributing to the growth of the market. Visual effects (VFX) and 3D animation in filmmaking refer to the fabrication or manipulation of any on-screen imagery that does not exist physically in real life. Filmmakers can use visual effects to make places, objects, creatures, and even people that would be hard or impossible to film in a live-action setting. For instance, according to Invest India, an Indian national investment promotion and facilitation agency, India’s Media and Entertainment industry is expected to grow to $55-70 Bn by 2030 at 10-12% CAGR, led by OTT, Gaming, Animation and VFX. Therefore the growing adoption of visual effects technology in movies is expected to propel the 3D animation market growth in the near future. The adoption of cloud technology by animation content creators is propelling the market forward. The animation industry benefits from cloud services, which provide on-demand and scalable computing resources. The utilization of cloud-based animation services is simple, straightforward, and offers computational power. For instance, ESDIP Animation Studio chose SimpleCloud for its virtual desktop solution, which enables remote collaboration on projects demanding robust parallel processing and brings artists from all over the world together to carry out its animation short film Blue & Malone Impossible Cases. In December 2021, Maxon Computer GmbH, a German software development company, announced a formal agreement to acquire Pixologic. The acquisition is designed to offer the finest in 3D animation, motion graphics, and digital sculpting, for 3D artists. Pixologic, is the parent company of ZBrush, a popular 3D sculpting tool. Major players in the 3d animation market are Adobe Systems, Autodesk, Corel Corporation, Maxon Computer, Newtek Inc., Pixologic Inc., Sidefx Software, NVIDIA Corporation, and The Foundry Visionmongers Ltd., Zco Corporation, Sony Corporation, Electric Image, and Smith Micro Software. North America was the largest region by market share in the 3D animation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in in 3D animation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the 3D animation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The 3D animation market includes revenues earned by entities by providing 3D video and film, interactive 3D, virtual reality 3D, inverse kinematics, fluid simulation, 3D skeletal animation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global 3d animation market is segmented - 1) By Deployment Mode: On-Premise, Cloud 2) By Technique Type: 3D Modeling, Motion Graphics, 3D Rendering, Visual Effects 3) By Service: Consulting, Support And Maintenance, Integration And Deployment, Education And Training 4) By End Use: Media And Entertainment, Architecture And Construction, Education And Academics, Manufacturing, Healthcare And Life Sciences, Government And Defense, Others End-Uses

Precast concrete refers to a type of concrete that is prepared, cast, and cured off-site using reusable molds, typically in a controlled factory setting, as it is easier to control the mix, placement, and curing of precast because it is produced in a managed casting environment to provide functional versatility in parking garages, bridges, office buildings, stadiums, shops, and housing with repetitive and modular elements. The main precast concrete products are structural building components, architectural building components, transportation products, water and waste handling products, and others. Structural building components are used for rapid works of structural buildings. The precast building is made up of various precast components such as footings, beams, slabs, columns, walls, and facades, among others. The elements of precast concrete include columns and beams, floors and roofs, walls and barriers, girders, pipes, paving slabs, utility vaults, and others which are used by end-users such as residential, non-residential, and infrastructure. The precast concrete market research report is one of a series of new reports from The Business Research Company that provides precast concrete market statistics, including precast concrete industry global market size, regional shares, competitors with a precast concrete market share, detailed precast concrete market segments, market trends and opportunities, and any further data you may need to thrive in the precast concrete industry. This precast concrete market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global precast concrete market size grew from $102.24 billion in 2022 to $109.14 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The precast concrete market size is expected to grow to $141.59 billion in 2027 at a CAGR of 6.7%. Increasing expenditure on road and water infrastructure is significantly driving the growth of the precast concrete market. The use of precast concrete offers major time and user cost savings in comparison with the traditional cast-in-place methods of construction. Emerging and advanced economies are increasing their spending on road and water infrastructure to bridge the gap between the required infrastructure and available infrastructure. Governments of various countries are increasing their expenditure on infrastructural developments to bridge this gap. For instance, in September 2021, the Indian government announced road projects worth INR 1 lakh crore ($13.48 billion) to develop road infrastructure in Jammu and Kashmir. The number of national highways in the region has also increased, from 7 in 2014 to 11 in 2021. These infrastructural developments will invariably increase the demand for precast concrete products. Therefore, the increasing expenditure on road and water infrastructure drives the precast concrete market over the coming years. 3D printing is a key trend gaining popularity in the precast concrete market. Major companies operating in the precast concrete sector are focused on developing new 3D printing solutions to strengthen their position. For instance, in December 2021, CEMEX, a renowned precast concrete company based in Mexico, and Denmark-based COBOD International, a key player in construction-grade 3D printers, launched a 3D printing solution that incorporates traditional ready-mix concrete into the construction process. In comparison to traditional construction and other 3D printing methods, the solution saves time and money. CEMEX and COBOD created this 3D printing solution using an innovative admixture that allows the use of conventional concrete, allowing the consumption of locally and readily available materials. In July 2021, Forterra, a leading manufacturer of water and drainage pipe and products in the United States, acquired Barbour Concrete Company and Barbour Building Systems for an undisclosed amount. With this acquisition, Forterra intends to offer a broader range of products as well as access to technical expertise that will aid in the development of customized services for a range of end-users. Barbour Concrete Company & Barbour Building Systems is a company based in the United States that manufactures precast concrete products. Major players in the precast concrete market are Boral, LafargeHolcim, Gulf Precast, Olsan Precast, Forterra, Spancrete, ELO Beton, Balfour Beatty plc, CEMEX, Laing O’Rourke, Julius Berger Nigeria PLC., GRH, Skanska AB, Gulermak A.S, Oldcastle Precast, Elematic, Atco Group, Coreslab, Coltman Precast Concrete, Larsen & Toubro, HEIDELBERGCEMENT AG., ElementbauOsthessen, ELO KG, Taisei Corporation and Kiewit Corporation Europe was the largest region in the precast concrete market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the precast concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the precast concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The precast concrete market consists of sales of precast floor slabs, precast beams, precast walls, precast columns, and precast staircases. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global precast concrete market is segmented - 1) By Product: Structural Building Components, Architectural Building Components, Transportation Products, Water and Waste Handling Products, Other Products 2) By Element: Columns and Beams, Floors and Roofs, Walls and Barriers, Girders, Pipes, Paving Slabs, Utility Vaults, Other Elements 3) By End User: Residential, Non-residential, Infrastructure