Europe Building Information Modeling Software Market Research Report: Forecast (2023-2028)
The Europe Building Information Modeling Software Market is projected to grow at a CAGR of around 12.2% during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven by the mounting need for automated models in the construction sector to improve operational efficiencies, coupled with the increasing number of government norms for using BIM in the AEC sector. With several complications in current AEC processes owing to the fragmented delivery methods, building problems, and the involvement of multiple parties, BIM is being utilized increasingly in the sector.
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Market Dynamics
Key Driver: Government Mandates for the Usage of Building Information Modeling (BIM) in the AEC sector
Various EU (European Union) initiatives toward promoting the use of BIM technology owing to benefits like reduced expenditure & better operational efficiency are pushing its demand across the region. As a result, the rise in construction activities associated with smart cities, as well as other residential & commercial infrastructural projects in recent years, has been driving the Europe Building Information Modeling Software Market. Hence, all these events indicate that the utilization of BIM solutions in the country shall continue surging significantly in the coming years.
Leading Companies in Europe Building Information Modeling Software Market:
-American Air Filter
-Absolent Group
-Camfil
-Philips
-Cummins
-Purafil
-Nippon Muki Co.Ltd
-Daikin
-MANN+HUMMEL
-Vitesy
-Donaldson
-Freudenberg SE
-Koch
-Lydall Gutsche
-Others
Segmentation of the Industry
The Europe Building Information Modeling Software Market is highly fragmented and bifurcates into the following segmentations:
By Deployment Mode
-On Premises
-Cloud-Based
- Here, cloud-based models dominate the market, and the same trend is likely during 2023-28.
By Project Lifecycle
-Pre-Construction Design
-Construction
-Operation
-Renovation & Retrofitting
- Of them all, pre-construction designing holds a considerable share of the Europe Building Information Modeling Software Market.
By End User
-Residential
-Corporate Offices
-Public Infrastructure
-Healthcare
-Hospitality
-Industrial
-Others (Stadium, Retail, etc.)
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Regional Landscape
On the geographical front, the Europe Building Information Modeling Software Market expands across the following:
By Country
-The UK
-Germany
-France
-Italy
-Spain
-Others
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