Model based development (MBD) is a development methodology based on V-cycle. The model based approach enables a developer to simulate the models for the complex control processes. These software models can be tested to assess the performance in real-time.
The global Model-Based Product Development market is projected to reach US$ 7058.1 million in 2029, increasing from US$ 2546.4 million in 2022, with the CAGR of 16.4% during the period of 2023 to 2029.
Time and Cost Efficiency: Implementing MBPD significantly reduces the product development cycle time by enabling parallel design processes, minimizing the need for physical prototypes, and streamlining collaboration among multidisciplinary teams. This translates into cost savings and faster time-to-market.
Digital Twin Technology: The rise of digital twin technology, where a virtual model of a product is synchronized with the physical product, boosts the adoption of MBPD for real-time monitoring, performance optimization, and predictive maintenance.
IoT and Connectivity Integration: Integration with the Internet of Things (IoT) and connected devices requires a comprehensive digital model of the product. MBPD supports the development of such models, ensuring seamless integration and functionality of IoT components.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Model-Based Product Development market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Siemens
IBM
PTC
ETAS
MathWorks
dSPACE
NXP
Altair
Zuken
Gamma Technologies
Maplesoft
BTC
Model Engineering Solutions
PikeTec
Vector Informatik
Sparx Systems
Segment by Type
Software
Service
Segment by Application
Automotive
Electronics and Semiconductor
Aerospace and Defence
Medical
Industrial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Model-Based Product Development report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Model-Based Product Development Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Software
1.2.3 Service
1.3 Market by Application
1.3.1 Global Model-Based Product Development Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Automotive
1.3.3 Electronics and Semiconductor
1.3.4 Aerospace and Defence
1.3.5 Medical
1.3.6 Industrial
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Model-Based Product Development Market Perspective (2018-2029)
2.2 Model-Based Product Development Growth Trends by Region
2.2.1 Global Model-Based Product Development Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Model-Based Product Development Historic Market Size by Region (2018-2023)
2.2.3 Model-Based Product Development Forecasted Market Size by Region (2024-2029)
2.3 Model-Based Product Development Market Dynamics
2.3.1 Model-Based Product Development Industry Trends
2.3.2 Model-Based Product Development Market Drivers
2.3.3 Model-Based Product Development Market Challenges
2.3.4 Model-Based Product Development Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Model-Based Product Development Players by Revenue
3.1.1 Global Top Model-Based Product Development Players by Revenue (2018-2023)
3.1.2 Global Model-Based Product Development Revenue Market Share by Players (2018-2023)
3.2 Global Model-Based Product Development Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Model-Based Product Development Revenue
3.4 Global Model-Based Product Development Market Concentration Ratio
3.4.1 Global Model-Based Product Development Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Model-Based Product Development Revenue in 2022
3.5 Model-Based Product Development Key Players Head office and Area Served
3.6 Key Players Model-Based Product Development Product Solution and Service
3.7 Date of Enter into Model-Based Product Development Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Model-Based Product Development Breakdown Data by Type
4.1 Global Model-Based Product Development Historic Market Size by Type (2018-2023)
4.2 Global Model-Based Product Development Forecasted Market Size by Type (2024-2029)
5 Model-Based Product Development Breakdown Data by Application
5.1 Global Model-Based Product Development Historic Market Size by Application (2018-2023)
5.2 Global Model-Based Product Development Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Model-Based Product Development Market Size (2018-2029)
6.2 North America Model-Based Product Development Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Model-Based Product Development Market Size by Country (2018-2023)
6.4 North America Model-Based Product Development Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Model-Based Product Development Market Size (2018-2029)
7.2 Europe Model-Based Product Development Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Model-Based Product Development Market Size by Country (2018-2023)
7.4 Europe Model-Based Product Development Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Model-Based Product Development Market Size (2018-2029)
8.2 Asia-Pacific Model-Based Product Development Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Model-Based Product Development Market Size by Region (2018-2023)
8.4 Asia-Pacific Model-Based Product Development Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Model-Based Product Development Market Size (2018-2029)
9.2 Latin America Model-Based Product Development Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Model-Based Product Development Market Size by Country (2018-2023)
9.4 Latin America Model-Based Product Development Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Model-Based Product Development Market Size (2018-2029)
10.2 Middle East & Africa Model-Based Product Development Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Model-Based Product Development Market Size by Country (2018-2023)
10.4 Middle East & Africa Model-Based Product Development Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Siemens
11.1.1 Siemens Company Detail
11.1.2 Siemens Business Overview
11.1.3 Siemens Model-Based Product Development Introduction
11.1.4 Siemens Revenue in Model-Based Product Development Business (2018-2023)
11.1.5 Siemens Recent Development
11.2 IBM
11.2.1 IBM Company Detail
11.2.2 IBM Business Overview
11.2.3 IBM Model-Based Product Development Introduction
11.2.4 IBM Revenue in Model-Based Product Development Business (2018-2023)
11.2.5 IBM Recent Development
11.3 PTC
11.3.1 PTC Company Detail
11.3.2 PTC Business Overview
11.3.3 PTC Model-Based Product Development Introduction
11.3.4 PTC Revenue in Model-Based Product Development Business (2018-2023)
11.3.5 PTC Recent Development
11.4 ETAS
11.4.1 ETAS Company Detail
11.4.2 ETAS Business Overview
11.4.3 ETAS Model-Based Product Development Introduction
11.4.4 ETAS Revenue in Model-Based Product Development Business (2018-2023)
11.4.5 ETAS Recent Development
11.5 MathWorks
11.5.1 MathWorks Company Detail
11.5.2 MathWorks Business Overview
11.5.3 MathWorks Model-Based Product Development Introduction
11.5.4 MathWorks Revenue in Model-Based Product Development Business (2018-2023)
11.5.5 MathWorks Recent Development
11.6 dSPACE
11.6.1 dSPACE Company Detail
11.6.2 dSPACE Business Overview
11.6.3 dSPACE Model-Based Product Development Introduction
11.6.4 dSPACE Revenue in Model-Based Product Development Business (2018-2023)
11.6.5 dSPACE Recent Development
11.7 NXP
11.7.1 NXP Company Detail
11.7.2 NXP Business Overview
11.7.3 NXP Model-Based Product Development Introduction
11.7.4 NXP Revenue in Model-Based Product Development Business (2018-2023)
11.7.5 NXP Recent Development
11.8 Altair
11.8.1 Altair Company Detail
11.8.2 Altair Business Overview
11.8.3 Altair Model-Based Product Development Introduction
11.8.4 Altair Revenue in Model-Based Product Development Business (2018-2023)
11.8.5 Altair Recent Development
11.9 Zuken
11.9.1 Zuken Company Detail
11.9.2 Zuken Business Overview
11.9.3 Zuken Model-Based Product Development Introduction
11.9.4 Zuken Revenue in Model-Based Product Development Business (2018-2023)
11.9.5 Zuken Recent Development
11.10 Gamma Technologies
11.10.1 Gamma Technologies Company Detail
11.10.2 Gamma Technologies Business Overview
11.10.3 Gamma Technologies Model-Based Product Development Introduction
11.10.4 Gamma Technologies Revenue in Model-Based Product Development Business (2018-2023)
11.10.5 Gamma Technologies Recent Development
11.11 Maplesoft
11.11.1 Maplesoft Company Detail
11.11.2 Maplesoft Business Overview
11.11.3 Maplesoft Model-Based Product Development Introduction
11.11.4 Maplesoft Revenue in Model-Based Product Development Business (2018-2023)
11.11.5 Maplesoft Recent Development
11.12 BTC
11.12.1 BTC Company Detail
11.12.2 BTC Business Overview
11.12.3 BTC Model-Based Product Development Introduction
11.12.4 BTC Revenue in Model-Based Product Development Business (2018-2023)
11.12.5 BTC Recent Development
11.13 Model Engineering Solutions
11.13.1 Model Engineering Solutions Company Detail
11.13.2 Model Engineering Solutions Business Overview
11.13.3 Model Engineering Solutions Model-Based Product Development Introduction
11.13.4 Model Engineering Solutions Revenue in Model-Based Product Development Business (2018-2023)
11.13.5 Model Engineering Solutions Recent Development
11.14 PikeTec
11.14.1 PikeTec Company Detail
11.14.2 PikeTec Business Overview
11.14.3 PikeTec Model-Based Product Development Introduction
11.14.4 PikeTec Revenue in Model-Based Product Development Business (2018-2023)
11.14.5 PikeTec Recent Development
11.15 Vector Informatik
11.15.1 Vector Informatik Company Detail
11.15.2 Vector Informatik Business Overview
11.15.3 Vector Informatik Model-Based Product Development Introduction
11.15.4 Vector Informatik Revenue in Model-Based Product Development Business (2018-2023)
11.15.5 Vector Informatik Recent Development
11.16 Sparx Systems
11.16.1 Sparx Systems Company Detail
11.16.2 Sparx Systems Business Overview
11.16.3 Sparx Systems Model-Based Product Development Introduction
11.16.4 Sparx Systems Revenue in Model-Based Product Development Business (2018-2023)
11.16.5 Sparx Systems Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Siemens
IBM
PTC
ETAS
MathWorks
dSPACE
NXP
Altair
Zuken
Gamma Technologies
Maplesoft
BTC
Model Engineering Solutions
PikeTec
Vector Informatik
Sparx Systems
Ěý
Ěý
*If Applicable.
