ALL >> Technology,-Gadget-and-Science >> View Article
Building Information Modeling Market (bim) Worth $8.8 Billion By 2025
According to MarketsandMarkets, the global building information modeling (BIM) market size is projected to grow from USD 4.5 billion in 2020 to USD 8.8 billion by 2025, at a CAGR of 14.5%. Major factors driving the growth of the building information modeling (BIM) industry extensive benefits offered by BIM for AEC industry and strong governemnt support by making BIM adoption mandatory.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387
Software type is expected to account for the largest share of the building information modeling (BIM) market between 2020 and 2025.
The software type is dominated mainly by architectural design software. BIM allows architects to create digital design simulations to manage all the information associated with an architectural project. It further supports architects throughout the design process to gain more insights to optimize designs for clients. The architectural design can be delivered with improved quality and efficiency.
The preconstruction phase is expected to lead the building information modeling (BIM) market during the forecast period. This phase is associated with visualization, conceptualization, programming, cost planning, architectural, structural, systems design, analysis, detailing, coordination, and specification. Major BIM software is used during the preconstruction phase by architects, engineers, and contractors. This phase mainly consists of developing BIM models, clash detection and BIM co-ordination, and extraction of 2D/3D drawings. This trend is expected to continue over the forecast period driving the growth of the preconstruction phase.
Building applications is expected to command the building information modeling (BIM) market during the forecast period. Building applications mainly includes commercial, residential, and retail buildings. Buildings are designed with the help of BIM mostly during the preconstruction phase, in which the 3D modeling of the structure is prepared and the flow of the entire building project is decided. BIM is widely used in building applications to reduce the cost overrun and time overrun, which may help in reducing the delays in the project. With the help of various tools such as 3D modeling and clash detection, it helps efficiently plan, design, construct and manage buildings.
Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=95037387
In terms of geographic coverage, the building information modeling (BIM) market has been segmented into North America, Asia Pacific (APAC), Europe, and Rest of World (RoW). North America is expected to hold the largest share of building information modeling (BIM) market between 2019 and 2024. The market in North America is segmented further into the US, Canada, and Mexico. The primary factor driving the growth of the building information modeling (BIM) market in North America includes a significant expenditure in the infrastructure domain. Strong economic position and active government support have contributed to the large-scale adoption of advanced technologies in the construction segment, which further drives the BIM market in the region.
Technology, Gadget and Science Articles1. Keeping You Safe During Covid-19 With Contact Free Car Servicing And Repairs.
Author: North Side Automotive
2. Global Data Science Platform Market
3. Global Coal Fired Power Generation Market
4. Microchip Partners With Machine-learning (ml) Software Leaders To Simplify Ai-at-the-edge Design Usi
5. Why React Native Has Witnessed A Huge Success In A Short While?
Author: Ash Rakars
6. Troubleshoot Your Mobile Phone Problems By Identifying Them
Author: Charlie Wollstonecraft
7. 6 Best Cryptocurrency Apps For Android
Author: elina john
8. Using Solar Energy In Commercial Areas To Save Money On Energy Bills
Author: Brown Ross
9. Nokia Fastmile 5g Indoor Gateway Review
Author: Ericsson ALEX
10. Install Ios 14, Ipados 14 On Your Iphone And Ipad Now
Author: Aida Martin
11. Sideloaded Apps For Android That You Must Try
Author: elina john
12. 5 Steps For Preparing Iso 20000 Internal Audit
Author: ISO Consultant
13. How Blockchain Impacts The Next Generation Of 5g?
Author: Manish Sharma
14. Route Optimization App – Making Your Delivery System Full-proof
Author: one of the best providers of delivery planning app
15. Taking Advantage Of Solar Power To Fulfill Energy Needs In Homes And Businesses
Author: Brown Ross