DUBLIN, July 15, 2015 — (PRNewswire) — Research and Markets ( http://www.researchandmarkets.com/research/lxrl3p/global_aec_market) has announced the addition of the "Global AEC Market 2015-2019" report to their offering.

The global AEC market to grow at a CAGR of 10.63% over the period 2014-2019.

AEC solution facilitates in the designing of large and complex commercial, residential, and industrial buildings. This solution includes BIM, CAD-based design solution, design analysis solution, and collaboration and management solution. It is a full package solution and takes into consideration from initial building design phase to the last manage phase. It improves the efficiency of construction and engineering processes by providing two-dimensional as well as three-dimensional simulation models to end-users for analysis. Architects, engineers, contractors, and owners are the end-users of AEC solution. The reduction of capital cost and time in the construction of building through AEC solution contributed to the wide adoption of such solution.

The open BIM is based on the building SMART Data Model. It provides a transparent platform for the project participants to communicate effectively regardless of their software tools; it provides a common language, making it easy to access the necessary data for a project life cycle such as design details, plant layout details, and building-related documents or data. The market finds the availability of the open BIM program, a marketing initiative undertaken by Nemetschek, Trimble, and other vendors, a major advantage. With the growing focus toward open BIM, end-users are increasingly using open BIM for building design. For instance, Voortman Steel Machinery, a Netherlands-based company, constructed a new experience center in Rijssen in 2014. The company adopted the 2 Steps Ahead BV solution of Nemetschek, which is made up of open BIM software DDS-CAD, to design the electrical and mechanical installations of the experience center.

According to the report, the adoption of AEC reduces the design time of projects as it eliminates paperwork. For instance, Bentley Systems LEAP Bridge Enterprise solution was used to design pre-stressed concrete box girder bridges in India. The solution was used to analyze and design the South Kasheli Bridge in Maharashtra, India. The adoption of the AEC solution enabled engineers to save 80% on time than if they had used other tools for analysis and design. The engineers could complete the design of a box girder in 16 hours, as compared to consultants, who took 128 hours with their conventional methods of spread sheets and in-house design tools.

Further, the report states that AEC solutions suffer from interoperability issues and this is a major challenge for the market.

Key Vendors

• Autodesk
• AVEVA Group
• Bentley Systems
• Intergraph
• Nemetschek
• Trimble Navigation

Other Prominent Vendors

• 4M
• Cadsoft
• CYPE Ingenieros
• Dassault Systèmes
• DesignBuilder Software
• Innovaya
• Integrated Environmental Solutions
• Newforma
• Virtual Build Technologies

For more information visit http://www.researchandmarkets.com/research/lxrl3p/global_aec_market

Media Contact:

Laura Wood, +353-1-481-1716, Email Contact

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/global-aec-market-2015-2019---availability-of-open-bim-with-autodesk-aveva-group-bentley-systems-intergraph-nemetschek--trimble-navigation-dominating-300116903.html

SOURCE Research and Markets