Global Model Based Development (MBD) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Model Based Development (MBD) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Model based development (MBD) is a software development methodology based on V-cycle. The model based approach enables a developer to simulate the models for the complex control processes. These software models can be tested to assess the performance in real-time.

Model-based development is a design and development method that models, simulates, and then verifies controls and controlled objects that make up systems. Through model-based development, verification can be done during the design process, which reduces rework in the verification process, thereby significantly reducing development hours and improving quality. Model-based development methods are used not only in the design process but also in the verification process. By modeling the verification environment, various types of verification can be performed.

Currently, model-based development is being used in a variety of products. It has been implemented mainly in the development of in-vehicle systems but is also being used in a wide range of other fields such as medical equipment and robotics. It is expected to be introduced in a variety of fields in the future.

According to our (Global Info Research) latest study, the global Model Based Development (MBD) market size was valued at US$ 2919 million in 2023 and is forecast to a readjusted size of USD 8344 million by 2030 with a CAGR of 16.0% during review period.

Global key players of Model Based Development (MBD) include Siemens, IBM, PTC, ETAS, MathWorks, etc. The top five players hold a share over 56%. North America is the largest market, has a share about 36%. The second and third places are Europe and Asia-Pacific, with share 33% and 27%, separately.

In terms of product type, On-premises is the largest segment, occupied for a share of 65%.At the same time, in terms of applications, automobiles are the largest application field, accounting for 26%.

This report is a detailed and comprehensive analysis for global Model Based Development (MBD) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Model Based Development (MBD) market size and forecasts, in consumption value ($ Million), 2019-2030

Global Model Based Development (MBD) market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Model Based Development (MBD) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Model Based Development (MBD) market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Model Based Development (MBD)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Model Based Development (MBD) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, IBM, PTC, ETAS, MathWorks, dSPACE, NXP, Altair, Zuken, Gamma Technologies, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Model Based Development (MBD) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Model Based Development (MBD) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
On-premises
Cloud Based

Market segment by Application
Automotive
Electronics and Semiconductor
Aerospace and Defence
Medical
Industrial
Others

Market segment by players, this report covers
Siemens
IBM
PTC
ETAS
MathWorks
dSPACE
NXP
Altair
Zuken
Gamma Technologies
Maplesoft
BTC
Model Engineering Solutions
PikeTec
Vector Informatik
Sparx Systems

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Model Based Development (MBD) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Model Based Development (MBD), with revenue, gross margin, and global market share of Model Based Development (MBD) from 2019 to 2024.

Chapter 3, the Model Based Development (MBD) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Model Based Development (MBD) market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Model Based Development (MBD).

Chapter 13, to describe Model Based Development (MBD) research findings and conclusion.