Building Information Modelling (BIM) Extraction Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Building information modelling extraction software primarily collects point clouds across projects generated by scanning and translating them into workable data sets for building information modelling software. Building information modelling extraction software acts like an intermediary between point cloud and BIM software and helps to attain time saving in the modelling process. Building information modelling extraction software can be easily integrated with BIM software.

MARKET SCOPE

The "Global Building Information Modelling (BIM) Extraction Software Market Analysis to 2031" is a specialized and in-depth study of the building information modelling (BIM) extraction Software market with a special focus on the global market trend analysis. The report aims to provide an overview of building information modelling (BIM) extraction software market with detailed market segmentation by component, end-user, and geography. The report provides key statistics on the market status of the leading building information modelling (BIM) extraction software market players and offers key trends and opportunities in the Building Information Modelling (BIM) Extraction Software market.

MARKET SEGMENTATION

•   The global building information modelling (BIM) extraction software market is segmented on the basis of component, and end-user.
  
•   On the basis of component, the market is segmented as software, and services.
  
•   On the basis of end-user, the market is segmented as water and wastewater, rail transit and aviation, energy generation facilities, roads, bridges, and highways, houses and apartments and others.
  

MARKET DYNAMICS

Drivers:

•   Demand for Feasible Architectural and Engineering Solutions.
  
•   Growing Penetration and Adoption of Building Information Modelling Extraction Software for SMEs.
  

Restraints:

•   High initial cost.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The building information modelling (BIM) extraction software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the building information modelling (BIM) extraction software market in these regions.

IMPACT OF COVID-19 ON BUILDING INFORMATION MODELLING (BIM) EXTRACTION SOFTWARE MARKET

The COVID-19 pandemic is anticipated to create revenue opportunities for companies in the building information modelling (BIM) extraction software market, owing to the need for smart hospital management. Supporting the architectural design process with knowledge engineering methods is an efficient goal-oriented approach for future building & construction projects. This is necessary for assessing the risk of infection in enclosed spaces. Revenue generation in the global building information modelling (BIM) extraction software market is witnessing a slump, since financial situations have been squeezed for most industries. Nevertheless, software companies are tapping into incremental opportunities in key revenue generating sectors such as residential apartments, roads & highways, and educational institutes to ensure a steady revenue flow.

MARKET PLAYERS

The report covers key developments in the building information modelling (BIM) extraction software market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from IOT in warehousemarket market are anticipated to lucrative growth opportunities in the future with the rising demand for Building Information Modelling (BIM) Extraction Software market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the building information modelling (BIM) extraction software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Autodesk, Inc.
  
•   AVEVA Group plc
  
•   Bentley Systems, Inc.
  
•   FARO Technologies, Inc.
  
•   Tekla Corporation
  
•   Safe Software, Inc.
  
•   Vectorworks, Inc.
  
•   Microsoft Corporation
  
•   Synchro Software
  
•   Nemetschek Group
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Building Information Modelling (BIM) Extraction Software Report Scope