Latest Developments in Global Simulation Software Market

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Latest Developments in Global Simulation Software Market

  • ICT
  • Mar 2025
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • In May 2024, Siemens announced Simcenter X, a SaaS solution that provides cloud-based access to Simcenter's simulation tools, starting with Simcenter STAR-CCM+. Offering pay-as-you-go pricing, scalability, and remote access via a browser, it enables engineers to accelerate simulations, improve flexibility, and enhance collaboration without requiring upfront hardware or licensing costs
  • In March 2024, General Atomics Aeronautical Systems, Inc. (GA-ASI) adopted Siemens' Simcenter STAR-CCM+ for its aircraft development process to meet evolving simulation needs. Following a comprehensive evaluation, GA-ASI transitioned to Simcenter to achieve improved workflow efficiency, faster solver speeds, and seamless integration with Siemens' PLM platform
  • In February 2024, Siemens and AVL collaborated to integrate Siemens' Simcenter solutions with AVL's simulation tools, aiming to enhance the development of electric vehicles by optimizing key performance metrics
  • In January 2024, Ansys partnered with Materialise in a strategic collaboration to improve metal additive manufacturing processes by enhancing product quality and reducing costs through better risk management
  • In January 2024, AVL introduced the AVL Scenario Simulator, a tool designed to enable automated large-scale ADAS/AD testing while extending off-road simulation capabilities for passenger cars and commercial vehicles
  • In June 2023, Keysight unveiled PathWave ADS 2024, an advanced EDA software designed to enhance 5G/6G wireless semiconductor design. It features accelerated simulations, improved electromagnetic solvers, and Python APIs for superior circuit design and validation

Frequently Asked Questions

The U.S. is expected to dominate the simulation software market in North America, driven by the rapid adoption of simulation software across automotive, aerospace and defense, and industrial manufacturing sectors, the presence of leading technology providers and research institutions, and the increasing demand for cloud-based and AI-driven simulation solutions in industries such as healthcare, education, and electronics.
North America dominates the simulation software market and is expected to maintain its dominance throughout the forecast period due to its strong industrial presence and technological leadership. The region benefits from the early adoption of simulation technologies in aerospace and defense, where precision and advanced testing are critical.