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Offshore Structural Analysis Software Market 2024-2028

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    Report

  • 156 Pages
  • June 2024
  • Region: Global
  • TechNavio
  • ID: 5568303
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The offshore structural analysis software market is forecasted to grow by USD 542.5 million during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the offshore structural analysis software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from the oil and gas industry, managing risks via compliance with design codes, and growing demand for cost-effective offshore engineering.

The offshore structural analysis software market is segmented as below:

By End-user

  • Oil and gas
  • Maritime
  • Power generation
  • Government and defence

By Geographical Landscape

  • North America
  • Middle East and Africa
  • Europe
  • APAC
  • South America
This study identifies the advent of cloud computing technology in offshore structural analysis as one of the prime reasons driving the offshore structural analysis software market growth during the next few years. Also, evolution of digital twins in subsea operations and advances in offshore drilling technology will lead to sizable demand in the market.

The report on the offshore structural analysis software market covers the following areas:

  • Offshore structural analysis software market sizing
  • Offshore structural analysis software market forecast
  • Offshore structural analysis software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore structural analysis software market vendors that include AVL List GmbH, Bentley Systems Inc., BMT Group Ltd., Dlubal Software Inc., DNV Group AS, Dogtooth Technologies Ltd., Energid Technologies Corp., FFRobotics, Harvest CROO Robotics LLC, Iron Ox Inc., John Wood Group PLC, MetoMotion, Panasonic Holdings Corp., Ramboll Group AS, Robert Bosch GmbH, Stewart Technology Associates, Viking Systems Inc., Vision Robotics Corp., and Zebec Marine Consultant and Services. Also, the offshore structural analysis software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Offshore Structural Analysis Software Market 2018 - 2022
Historic Market Size - Data Table on Global Offshore Structural Analysis Software Market 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
6.3 Oil and gas - Market size and forecast 2023-2028
Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
6.4 Maritime - Market size and forecast 2023-2028
Chart on Maritime - Market size and forecast 2023-2028 ($ million)
Data Table on Maritime - Market size and forecast 2023-2028 ($ million)
Chart on Maritime - Year-over-year growth 2023-2028 (%)
Data Table on Maritime - Year-over-year growth 2023-2028 (%)
6.5 Power generation - Market size and forecast 2023-2028
Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Chart on Power generation - Year-over-year growth 2023-2028 (%)
Data Table on Power generation - Year-over-year growth 2023-2028 (%)
6.6 Government and defence - Market size and forecast 2023-2028
Chart on Government and defence - Market size and forecast 2023-2028 ($ million)
Data Table on Government and defence - Market size and forecast 2023-2028 ($ million)
Chart on Government and defence - Year-over-year growth 2023-2028 (%)
Data Table on Government and defence - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 Russia - Market size and forecast 2023-2028
Chart on Russia - Market size and forecast 2023-2028 ($ million)
Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Chart on Russia - Year-over-year growth 2023-2028 (%)
Data Table on Russia - Year-over-year growth 2023-2028 (%)
8.10 Saudi Arabia - Market size and forecast 2023-2028
Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
8.11 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.12 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 AVL List GmbH
AVL List GmbH - Overview
AVL List GmbH - Product / Service
AVL List GmbH - Key offerings
11.4 Bentley Systems Inc.
Bentley Systems Inc. - Overview
Bentley Systems Inc. - Product / Service
Bentley Systems Inc. - Key news
Bentley Systems Inc. - Key offerings
11.5 BMT Group Ltd.
BMT Group Ltd. - Overview
BMT Group Ltd. - Product / Service
BMT Group Ltd. - Key offerings
11.6 Dlubal Software Inc.
Dlubal Software Inc. - Overview
Dlubal Software Inc. - Product / Service
Dlubal Software Inc. - Key offerings
11.7 DNV Group AS
DNV Group AS - Overview
DNV Group AS - Business segments
DNV Group AS - Key news
DNV Group AS - Key offerings
DNV Group AS - Segment focus
11.8 John Wood Group PLC
John Wood Group PLC - Overview
John Wood Group PLC - Business segments
John Wood Group PLC - Key offerings
John Wood Group PLC - Segment focus
11.9 Ramboll Group AS
Ramboll Group AS - Overview
Ramboll Group AS - Product / Service
Ramboll Group AS - Key offerings
11.10 Stewart Technology Associates
Stewart Technology Associates - Overview
Stewart Technology Associates - Product / Service
Stewart Technology Associates - Key offerings
11.11 Viking Systems Inc.
Viking Systems Inc. - Overview
Viking Systems Inc. - Product / Service
Viking Systems Inc. - Key offerings
11.12 Zebec Marine Consultant and Services
Zebec Marine Consultant and Services - Overview
Zebec Marine Consultant and Services - Product / Service
Zebec Marine Consultant and Services - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Offshore Structural Analysis Software Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on End-user - Market share 2023-2028 (%)
Exhibits 31: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by End-user
Exhibits 33: Data Table on Comparison by End-user
Exhibits 34: Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Maritime - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Maritime - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Maritime - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Maritime - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Government and defence - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Data Table on Government and defence - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Chart on Government and defence - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Government and defence - Year-over-year growth 2023-2028 (%)
Exhibits 50: Market opportunity by End-user ($ million)
Exhibits 51: Data Table on Market opportunity by End-user ($ million)
Exhibits 52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 53: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 54: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 55: Chart on Geographic comparison
Exhibits 56: Data Table on Geographic comparison
Exhibits 57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 97: Market opportunity By Geographical Landscape ($ million)
Exhibits 98: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 99: Impact of drivers and challenges in 2023 and 2028
Exhibits 100: Overview on criticality of inputs and factors of differentiation
Exhibits 101: Overview on factors of disruption
Exhibits 102: Impact of key risks on business
Exhibits 103: Companies covered
Exhibits 104: Matrix on companies position and classification
Exhibits 105: AVL List GmbH - Overview
Exhibits 106: AVL List GmbH - Product / Service
Exhibits 107: AVL List GmbH - Key offerings
Exhibits 108: Bentley Systems Inc. - Overview
Exhibits 109: Bentley Systems Inc. - Product / Service
Exhibits 110: Bentley Systems Inc. - Key news
Exhibits 111: Bentley Systems Inc. - Key offerings
Exhibits 112: BMT Group Ltd. - Overview
Exhibits 113: BMT Group Ltd. - Product / Service
Exhibits 114: BMT Group Ltd. - Key offerings
Exhibits 115: Dlubal Software Inc. - Overview
Exhibits 116: Dlubal Software Inc. - Product / Service
Exhibits 117: Dlubal Software Inc. - Key offerings
Exhibits 118: DNV Group AS - Overview
Exhibits 119: DNV Group AS - Business segments
Exhibits 120: DNV Group AS - Key news
Exhibits 121: DNV Group AS - Key offerings
Exhibits 122: DNV Group AS - Segment focus
Exhibits 123: John Wood Group PLC - Overview
Exhibits 124: John Wood Group PLC - Business segments
Exhibits 125: John Wood Group PLC - Key offerings
Exhibits 126: John Wood Group PLC - Segment focus
Exhibits 127: Ramboll Group AS - Overview
Exhibits 128: Ramboll Group AS - Product / Service
Exhibits 129: Ramboll Group AS - Key offerings
Exhibits 130: Stewart Technology Associates - Overview
Exhibits 131: Stewart Technology Associates - Product / Service
Exhibits 132: Stewart Technology Associates - Key offerings
Exhibits 133: Viking Systems Inc. - Overview
Exhibits 134: Viking Systems Inc. - Product / Service
Exhibits 135: Viking Systems Inc. - Key offerings
Exhibits 136: Zebec Marine Consultant and Services - Overview
Exhibits 137: Zebec Marine Consultant and Services - Product / Service
Exhibits 138: Zebec Marine Consultant and Services - Key offerings
Exhibits 139: Inclusions checklist
Exhibits 140: Exclusions checklist
Exhibits 141: Currency conversion rates for US$
Exhibits 142: Research methodology
Exhibits 143: Information sources
Exhibits 144: Data validation
Exhibits 145: Validation techniques employed for market sizing
Exhibits 146: Data synthesis
Exhibits 147: 360 degree market analysis
Exhibits 148: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global offshore structural analysis software market: AVL List GmbH, Bentley Systems Inc., BMT Group Ltd., Dlubal Software Inc., DNV Group AS, Dogtooth Technologies Ltd., Energid Technologies Corp., FFRobotics, Harvest CROO Robotics LLC, Iron Ox Inc., John Wood Group PLC, MetoMotion, Panasonic Holdings Corp., Ramboll Group AS, Robert Bosch GmbH, Stewart Technology Associates, Viking Systems Inc., Vision Robotics Corp., and Zebec Marine Consultant and Services.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of cloud computing technology in offshore structural analysis."

According to the report, one of the major drivers for this market is the increasing demand from the oil and gas industry.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AVL List GmbH
  • Bentley Systems Inc.
  • BMT Group Ltd.
  • Dlubal Software Inc.
  • DNV Group AS
  • Dogtooth Technologies Ltd.
  • Energid Technologies Corp.
  • FFRobotics
  • Harvest CROO Robotics LLC
  • Iron Ox Inc.
  • John Wood Group PLC
  • MetoMotion
  • Panasonic Holdings Corp.
  • Ramboll Group AS
  • Robert Bosch GmbH
  • Stewart Technology Associates
  • Viking Systems Inc.
  • Vision Robotics Corp.
  • Zebec Marine Consultant and Services