SOURCE: MarketResearch.com

MarketResearch.com

May 16, 2011 11:08 ET

Plant Design & Engineering Applications Market Will Reach $2.21 Billion in 2014

ROCKVILLE, MD--(Marketwire - May 16, 2011) - MarketResearch.com has announced the addition of Infiniti Research Limited's new report "Global Plant Design and Engineering Applications Market 2010-2014," to their collection of Construction market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6315510

TechNavio analysts forecast that the Global Plant Design and Engineering Applications market will reach $2.21 billion in 2014. One of the key factors contributing to this market's growth is the increase in capital expenditure by engineering firms to enhance existing plants and invest in new plants. However, poor interoperability among various stakeholders in plant design and engineering projects could pose a challenge to the growth of this market.

The Global Plant Design and Engineering Applications market has also been witnessing continuous investments in research and development by application vendor firms. Key vendors dominating this market space include Intergraph, Bentley Systems, AVEVA, and Autodesk.

TechNavio's report, Global Plant Design and Engineering Applications Market 2010-2014, has been prepared based on in-depth qualitative and quantitative analysis of the market with inputs from industry experts. The report focuses on Asia Pacific, Americas, and EMEA, and covers key plant design and engineering tool vendors.

Key questions answered in this report:

  • What will the market size be in 2014 and at what rate will it grow?
  • What key trends will this market witness?
  • What are the key factors driving market growth?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the opportunities and threats faced by each of these key vendors?
  • What are the strengths and weaknesses of each of these key vendors?

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6315510

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