One company has consistently stood atop the ARC Advisory Group’s annual “Engineering Design Tools for Plants and Infrastructure Global Market Research Study” since it was released in 2006. For the 10th consecutive year, ARC – the leading research and advisory firm for industry and infrastructure – ranks Intergraph Process, Power & Marine as the No. 1 overall worldwide provider of engineering tools for plant design, based on 2015 revenue data reported by participating market providers.
This year’s study finds Intergraph owns the largest market share in five industry market segments (Oil & Gas, total; Oil & Gas, exploration and production; Chemical; Mining & Metals; and Power) and is the only engineering design solution provider to lead more than one segment. It marks the second consecutive year that Intergraph has led in five industry market segments.
The ARC Advisory Group Engineering Design Tools for Plants and Infrastructure study is a comprehensive, five-year forecast that offers an analysis of the worldwide engineering design tools market. The scope encompasses two design solution market domains: engineering design for projects in the process, power and marine industries (process plants, power generation and shipbuilding/marine/offshore), and engineering design for infrastructure projects (utilities, buildings, civil engineering and heavy construction, and transportation).
Read the entire press release here.