HUNTSVILLE, Ala., Dec. 22, 2015 /PRNewswire/ -- ARC Advisory Group (ARC), the leading research and advisory firm for industry and infrastructure, again ranks Intergraph® Process, Power & Marine as the No. 1 overall worldwide provider of engineering tools for plant design based on 2014 revenue data reported by participating market providers. This marks the ninth consecutive year Intergraph has been named the global leader in ARC's market research study "Engineering Design Tools for Plants and Infrastructure Worldwide Outlook," which was first released in 2006.
The ARC Advisory Group Engineering Design Tools for industry 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 projects for infrastructure (utilities, buildings, civil engineering and heavy construction, and transportation).
The study finds Intergraph has 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. ARC's plant design market sub-segment size for 2014 is $1.82 billion.
The study assists suppliers and purchasers in staying abreast of engineering design tools technology advancements, and explores key issues that will impact this business in the near future. These issues include:
- The size of the global market for engineering design tools for plant design and infrastructure
- The leading suppliers and their market shares
- The short- and long-term potential for the engineering design tools business
- How new technologies impact the engineering design tools market
- The industries and regions that offer the greatest growth potential
- The key elements for success in the engineering design tools business
"Intergraph has maintained its leadership by offering a large and comprehensive portfolio of products that can provide users with a compelling value proposition," noted Dick Slansky, ARC Advisory Group senior analyst and co-author of the study. "Intergraph's capability to provide global connectivity and interdisciplinary integration enhances collaboration and aligns work process to facilitate the adoption of best practices."
Gerhard Sallinger, Intergraph Process, Power & Marine president, said, "The latest ARC Advisory Group analysis again reveals Intergraph has a clear lead in global market share over competitors. We are pleased to maintain our status as the world's foremost provider of engineering design tools for the process, power and marine industries by providing clients with the broadest portfolio of best-in-class, next-generation solutions available."
For more information about the ARC Advisory Group's global market research study or to purchase a copy, visit www.arcweb.com/market-studies/pages/engineering-design-tools.aspx.
Intergraph Technical User Forum (TUF) LinkedIn groups provide an online discussion forum for year-round networking between users. To learn more about Intergraph solutions and network with other Intergraph users, visit ppm.intergraph.com/technical-user-forums.
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry and infrastructure. Its coverage of technology and trends extends from business systems to product and asset lifecycle management, supply chain management, operations management, energy optimization, industrial internet of things (IoT) and automation systems. ARC has more than 70 professionals worldwide with extensive experience servicing business issues, technologies and vertical industries. For more information, visit www.arcweb.com.
About Intergraph Process, Power & Marine
Soon to be known as Hexagon Process, Power & Marine, Intergraph Process, Power & Marine is the leading global provider of engineering software for the design, construction and operation of plants, ships and offshore facilities.
Hexagon Process, Power & Marine is part of Hexagon (Nasdaq Stockholm: HEXA B; hexagon.com), a leading global provider of information technologies that drive quality and productivity improvements across geospatial and industrial enterprise applications.
© 2015 Intergraph Corporation. All rights reserved. Intergraph is part of Hexagon. Intergraph and the Intergraph logo are registered trademarks of Intergraph Corporation or its subsidiaries in the United States and in other countries. Other brands and product names are trademarks of their respective owners.
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SOURCE Intergraph Corporation