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Offshore Structural Analysis Software Market by End-users and Geography - Global Forecast and Analysis 2019-2023

Global Offshore Structural Analysis Software Market:

About this market

Technavio’s offshore structural analysis software market analysis considers sales from oil and gas, maritime, power generation, and government and defense. Our analysis also considers the sales of offshore structural analysis software in APAC, Europe, North America, South America, and MEA. In 2018, the oil and gas segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as extensive use of offshore drilling structures and platforms and improved offshore workforce collaboration will play a significant role in the oil and gas segment to maintain its market position. Also, our global offshore structural analysis software market report looks at factors such as increasing demand from the oil and gas industry, managing risks via compliance with design codes, and growing demand for cost-effective offshore engineering. However, lack of workers with digital skills, lack of standardization of data across platforms, and the need for enhanced cybersecurity may hamper the growth of the offshore structural analysis software industry over the forecast period.

Global Offshore Structural Analysis Software Market: Overview

Growing demand for cost-effective offshore engineering

Offshore structural analysis software enables enhanced quality control and provides companies the benefits of cost-effectiveness and better compliance and risk management. Offshore structural analysis software is equipped with a sophisticated and user-friendly graphical interface, which enables automated structural workflows. The capital-intensive nature of the global offshore industry makes cost-effectiveness a critical factor in offshore structures analysis, which is one of the reasons driving the adoption of offshore structural analysis software. This will lead to the expansion of the global offshore structural analysis software market at a CAGR of over 8% during the forecast period.

Evolution of digital twins in subsea operations

A digital twin is a computer simulation, which represents a physical or statistical model of a system, asset, or facility. The virtual replica of offshore structure allows companies to manage the operation or integrity of the modeled asset from inception to decommissioning. Digital twin technology has special applications for optimized operational performance and predicted lifecycle management. The digital twin technology makes it possible to assess the structural health of an asset and provide valuable knowledge about its expected future behavior. This development is expected to influence the market positively during the forecast period.

For the detailed list of factors that will drive the global offshore structural analysis software market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global offshore structural analysis software market is moderately fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore structural analysis software manufacturers, that include Bentley Systems Inc., BMT Group Ltd., Dlubal Software GmbH, DNV GL AS, John Wood Group Plc.

Also, the offshore structural analysis software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key product offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global information technology (IT) software market
      • Table Segments of global information technology (IT) software market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Oil and gas - Market size and forecast 2018-2023
      • Table Oil and gas - Market size and forecast 2018-2023 ($ millions)
      • Table Oil and gas - Year-over-year growth 2019-2023 (%)
    • Maritime - Market size and forecast 2018-2023
      • Table Maritime - Market size and forecast 2018-2023 ($ millions)
      • Table Maritime - Year-over-year growth 2019-2023 (%)
    • Power generation - Market size and forecast 2018-2023
      • Table Power generation - Market size and forecast 2018-2023 ($ millions)
      • Table Power generation - Year-over-year growth 2019-2023 (%)
    • Government and defense - Market size and forecast 2018- 2023
      • Table Government and defense - Market size and forecast 2018-2023 ($ millions)
      • Table Government and defense - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Advent of cloud computing technology in offshore structural analysis
    • Evolution of digital twins in subsea operations
    • Advances in offshore drilling technology
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bentley Systems Inc.
      • Table Bentley Systems Inc. - Vendor overview
      • Table Bentley Systems Inc. - Product segments
      • Table Bentley Systems Inc. - Geographic focus
      • Table Bentley Systems Inc. - Key offerings
    • BMT Group Ltd.
      • Table BMT Group Ltd. - Vendor overview
      • Table BMT Group Ltd. - Business segments
      • Table BMT Group Ltd. - Organizational developments
      • Table BMT Group Ltd. - Key offerings
    • Dlubal Software GmbH
      • Table Dlubal Software GmbH - Vendor overview
      • Table Dlubal Software GmbH - Business segments
      • Table Dlubal Software GmbH - Key offerings
    • DNV GL AS
      • Table DNV GL AS - Vendor overview
      • Table DNV GL AS - Business segments
      • Table DNV GL AS - Organizational developments
      • Table DNV GL AS - Segment focus
      • Table DNV GL AS - Key offerings
    • John Wood Group Plc
      • Table John Wood Group Plc - Vendor overview
      • Table John Wood Group Plc - Business segments
      • Table John Wood Group Plc - Organizational developments
      • Table John Wood Group Plc - Geographic focus
      • Table John Wood Group Plc - Segment focus
      • Table John Wood Group Plc - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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