DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Architectural Engineering and Construction Market 2017-2021" report to their offering.
The global architectural engineering and construction market to grow at a CAGR of 11.80% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global architectural engineering and construction market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of architectural engineering and construction software licenses and services.
Construction projects undertaken through 3D BIM do not provide a platform for the integration of time and cost factor. This has led to the emergence of 5D BIM, which takes more dimensions into consideration. 5D BIM can be considered as an evolution of 4D and 3D BIM.
According to the report, the adoption of AEC reduces the project's design time by eliminating the need for paperwork. For instance, in 2015, BIM was adopted by architects and engineers for the Diamond Island project in Vietnam. BTA is a key player in Vietnam's infrastructure and construction industry, and it adopted Autodesk BIM software for building the project. The project is expected to be a new architectural symbol in Ho Chi Minh City in Vietnam. The adoption of Autodesk BIM software reduced around 25% of project infrastructure cost related to design changes, reworks, change in orders, and request for information.
- Bentley Systems
Other Prominent Vendors:
- CadSoft EAGLE
- CYPE Ingenieros
- Dassault Systèmes
- Integrated Environmental Solutions
- Virtual Build Technologies
Key Topics Covered:
Part 01: Scope of the report
Part 02: Market research methodology
Part 03: Introduction
Part 04: Global construction industry
Part 05: Global AEC market
Part 06: Market segmentation by product
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Five forces model
Part 14: Key vendor analysis
Part 15: Key vendor profiles
For more information about this report visit http://www.researchandmarkets.com/research/d4w4lm/global