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Published On: Feb 8, 2025

Global Model Based Development (MBD) Industry Growth and Trends Forecast to 2031

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Summary
According to APO Research, The global Model Based Development (MBD) market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.
North American market for Model Based Development (MBD) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.
Asia-Pacific market for Model Based Development (MBD) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.
Europe market for Model Based Development (MBD) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.
The major global companies of Model Based Development (MBD) include Siemens, PTC, Dassault Systèmes, Autodesk, SAP, Altair, Ansys, NXP and Capvidia, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Model Based Development (MBD), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Model Based Development (MBD).
The Model Based Development (MBD) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Model Based Development (MBD) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Model Based Development (MBD) Segment by Company
Siemens
PTC
Dassault Systèmes
Autodesk
SAP
Altair
Ansys
NXP
Capvidia
Anark
MathWorks
dSPACE
ETAS
Zuken
Model Based Development (MBD) Segment by Type
On-premises
Cloud Based
Model Based Development (MBD) Segment by Application
Automotive
Electronics and Semiconductor
Aerospace and Defence
Medical
Industrial
Others
Model Based Development (MBD) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Model Based Development (MBD) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Model Based Development (MBD) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Model Based Development (MBD).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2020-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Model Based Development (MBD) companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
Table 1:Global Model Based Development (MBD) Market Size (US$ Million) Comparison by Region: 2020 VS 2024 VS 2031
Table 2:Global Model Based Development (MBD) Market Size by Region (2020-2025) & (US$ Million)
Table 3:Global Model Based Development (MBD) Market Share by Region (2020-2025)
Table 4:Global Model Based Development (MBD) Market Size by Region (2026-2031) & (US$ Million)
Table 5:Global Model Based Development (MBD) Market Share by Region (2026-2031)
Table 6:Global Model Based Development (MBD) Market Size by Type (2020 VS 2024 VS 2031) & (US$ Million)
Table 7:Global Model Based Development (MBD) Market Size by Type (2020-2025) & (US$ Million)
Table 8:Global Model Based Development (MBD) Market Size Share by Type (2020-2025)
Table 9:Global Model Based Development (MBD) Market Size Forecasted by Type (2026-2031) & (US$ Million)
Table 10:Global Model Based Development (MBD) Market Size Share Forecasted by Type (2026-2031)
Table 11:North America Model Based Development (MBD) Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 12:North America Model Based Development (MBD) Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 13:Europe Model Based Development (MBD) Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 14:Europe Model Based Development (MBD) Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 15:Asia-Pacific Model Based Development (MBD) Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 16:Asia-Pacific Model Based Development (MBD) Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 17:Latin America Model Based Development (MBD) Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 18:Latin America Model Based Development (MBD) Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 19:Middle East and Africa Model Based Development (MBD) Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 20:Middle East and Africa Model Based Development (MBD) Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 21:Global Model Based Development (MBD) Market Size by Application (2020 VS 2024 VS 2031) & (US$ Million)
Table 22:Global Model Based Development (MBD) Market Size by Application (2020-2025) & (US$ Million)
Table 23:Global Model Based Development (MBD) Market Size Share by Application (2020-2025)
Table 24:Global Model Based Development (MBD) Market Size Forecasted by Application (2026-2031) & (US$ Million)
Table 25:Global Model Based Development (MBD) Market Size Share Forecasted by Application (2026-2031)
Table 26:North America Model Based Development (MBD) Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 27:North America Model Based Development (MBD) Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 28:Europe Model Based Development (MBD) Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 29:Europe Model Based Development (MBD) Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 30:Asia-Pacific Model Based Development (MBD) Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 31:Asia-Pacific Model Based Development (MBD) Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 32:Latin America Model Based Development (MBD) Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 33:Latin America Model Based Development (MBD) Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 34:Middle East and Africa Model Based Development (MBD) Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 35:Middle East and Africa Model Based Development (MBD) Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 36:Model Based Development (MBD) Industry Trends
Table 37:Model Based Development (MBD) Industry Drivers
Table 38:Model Based Development (MBD) Industry Opportunities and Challenges
Table 39:Model Based Development (MBD) Industry Restraints
Table 40:Global Model Based Development (MBD) Revenue by Company (US$ Million) & (2020-2025)
Table 41:Global Model Based Development (MBD) Revenue Market Share by Company (2020-2025)
Table 42:Global Model Based Development (MBD) Industry Company Ranking, 2023 VS 2024 VS 2025
Table 43:Global Model Based Development (MBD) Key Company Headquarters & Area Served
Table 44:Global Model Based Development (MBD) Company, Product Type & Application
Table 45:Global Model Based Development (MBD) Company Commercialization Time
Table 46:Global Company Market Concentration Ratio (CR5 and HHI)
Table 47:Global Model Based Development (MBD) by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2024)
Table 48:Siemens Business Overview
Table 49:Siemens Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 50:Siemens Model Based Development (MBD) Product Portfolio
Table 51:Siemens Recent Development
Table 52:PTC Company Information
Table 53:PTC Business Overview
Table 54:PTC Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 55:PTC Model Based Development (MBD) Product Portfolio
Table 56:PTC Recent Development
Table 57:Dassault Systèmes Company Information
Table 58:Dassault Systèmes Business Overview
Table 59:Dassault Systèmes Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 60:Dassault Systèmes Model Based Development (MBD) Product Portfolio
Table 61:Dassault Systèmes Recent Development
Table 62:Autodesk Company Information
Table 63:Autodesk Business Overview
Table 64:Autodesk Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 65:Autodesk Model Based Development (MBD) Product Portfolio
Table 66:Autodesk Recent Development
Table 67:SAP Company Information
Table 68:SAP Business Overview
Table 69:SAP Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 70:SAP Model Based Development (MBD) Product Portfolio
Table 71:SAP Recent Development
Table 72:Altair Company Information
Table 73:Altair Business Overview
Table 74:Altair Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 75:Altair Model Based Development (MBD) Product Portfolio
Table 76:Altair Recent Development
Table 77:Ansys Company Information
Table 78:Ansys Business Overview
Table 79:Ansys Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 80:Ansys Model Based Development (MBD) Product Portfolio
Table 81:Ansys Recent Development
Table 82:NXP Company Information
Table 83:NXP Business Overview
Table 84:NXP Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 85:NXP Model Based Development (MBD) Product Portfolio
Table 86:NXP Recent Development
Table 87:Capvidia Company Information
Table 88:Capvidia Business Overview
Table 89:Capvidia Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 90:Capvidia Model Based Development (MBD) Product Portfolio
Table 91:Capvidia Recent Development
Table 92:Anark Company Information
Table 93:Anark Business Overview
Table 94:Anark Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 95:Anark Model Based Development (MBD) Product Portfolio
Table 96:Anark Recent Development
Table 97:MathWorks Company Information
Table 98:MathWorks Business Overview
Table 99:MathWorks Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 100:MathWorks Model Based Development (MBD) Product Portfolio
Table 101:MathWorks Recent Development
Table 102:dSPACE Company Information
Table 103:dSPACE Business Overview
Table 104:dSPACE Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 105:dSPACE Model Based Development (MBD) Product Portfolio
Table 106:dSPACE Recent Development
Table 107:ETAS Company Information
Table 108:ETAS Business Overview
Table 109:ETAS Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 110:ETAS Model Based Development (MBD) Product Portfolio
Table 111:ETAS Recent Development
Table 112:Zuken Company Information
Table 113:Zuken Business Overview
Table 114:Zuken Model Based Development (MBD) Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 115:Zuken Model Based Development (MBD) Product Portfolio
Table 116:Zuken Recent Development
Table 117:North America Model Based Development (MBD) Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 118:North America Model Based Development (MBD) Market Size by Country (2020-2025) & (US$ Million)
Table 119:North America Model Based Development (MBD) Market Share by Country (2020-2025)
Table 120:North America Model Based Development (MBD) Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 121:North America Model Based Development (MBD) Market Share Forecast by Country (2026-2031)
Table 122:Europe Model Based Development (MBD) Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 123:Europe Model Based Development (MBD) Market Size by Country (2020-2025) & (US$ Million)
Table 124:Europe Model Based Development (MBD) Market Share by Country (2020-2025)
Table 125:Europe Model Based Development (MBD) Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 126:Europe Model Based Development (MBD) Market Share Forecast by Country (2026-2031)
Table 127:Asia-Pacific Model Based Development (MBD) Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 128:Asia-Pacific Model Based Development (MBD) Market Size by Country (2020-2025) & (US$ Million)
Table 129:Asia-Pacific Model Based Development (MBD) Market Share by Country (2020-2025)
Table 130:Asia-Pacific Model Based Development (MBD) Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 131:Asia-Pacific Model Based Development (MBD) Market Share Forecast by Country (2026-2031)
Table 132:Latin America Model Based Development (MBD) Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 133:Latin America Model Based Development (MBD) Market Size by Country (2020-2025) & (US$ Million)
Table 134:Latin America Model Based Development (MBD) Market Share by Country (2020-2025)
Table 135:Latin America Model Based Development (MBD) Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 136:Latin America Model Based Development (MBD) Market Share Forecast by Country (2026-2031)
Table 137:Middle East & Africa Model Based Development (MBD) Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 138:Middle East & Africa Model Based Development (MBD) Market Size by Country (2020-2025) & (US$ Million)
Table 139:Middle East & Africa Model Based Development (MBD) Market Share by Country (2020-2025)
Table 140:Middle East & Africa Model Based Development (MBD) Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 141:Middle East & Africa Model Based Development (MBD) Market Share Forecast by Country (2026-2031)
Table 142:Research Programs/Design for This Report
Table 143:Authors List of This Report
Table 144:Secondary Sources
Table 145:Primary Sources
Figure 1:Model Based Development (MBD) Product Image
Figure 2:Global Model Based Development (MBD) Market Size (US$ Million), 2020 VS 2024 VS 2031
Figure 3:Global Model Based Development (MBD) Market Size (2020-2031) & (US$ Million)
Figure 4:Global Model Based Development (MBD) Market Share by Region: 2024 VS 2031
Figure 5:Global Model Based Development (MBD) Market Share by Region (2020-2031)
Figure 6:North America Model Based Development (MBD) Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 7:Europe Model Based Development (MBD) Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 8:Asia-Pacific Model Based Development (MBD) Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 9:Latin America Model Based Development (MBD) Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 10:Middle East & Africa Model Based Development (MBD) Market Size Growth Rate (2020-2031) & (US$ Million)
Figure 11:On-premises Image
Figure 12:Global On-premises Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 13:Cloud Based Image
Figure 14:Global Cloud Based Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 15:Global Model Based Development (MBD) Market Size Overview by Type (2020-2031) & (US$ Million)
Figure 16:Global Model Based Development (MBD) Market Share by Type 2024 VS 2031
Figure 17:North America Model Based Development (MBD) Market Size Share by Type (2020-2031)
Figure 18:Europe Model Based Development (MBD) Market Size Share by Type (2020-2031)
Figure 19:Asia-Pacific Model Based Development (MBD) Market Size Share by Type (2020-2031)
Figure 20:Latin America Model Based Development (MBD) Market Size Share by Type (2020-2031)
Figure 21:Middle East and Africa Model Based Development (MBD) Market Size Share by Type (2020-2031)
Figure 22:Automotive Image
Figure 23:Global Automotive Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 24:Electronics and Semiconductor Image
Figure 25:Global Electronics and Semiconductor Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 26:Aerospace and Defence Image
Figure 27:Global Aerospace and Defence Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 28:Medical Image
Figure 29:Global Medical Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30:Industrial Image
Figure 31:Global Industrial Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32:Others Image
Figure 33:Global Others Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 34:Global Model Based Development (MBD) Market Size Overview by Application (2020-2031) & (US$ Million)
Figure 35:Global Model Based Development (MBD) Market Share by Application 2024 VS 2031
Figure 36:North America Model Based Development (MBD) Market Size Share by Application (2020-2031)
Figure 37:Europe Model Based Development (MBD) Market Size Share by Application (2020-2031)
Figure 38:Asia-Pacific Model Based Development (MBD) Market Size Share by Application (2020-2031)
Figure 39:Latin America Model Based Development (MBD) Market Size Share by Application (2020-2031)
Figure 40:Middle East and Africa Model Based Development (MBD) Market Size Share by Application (2020-2031)
Figure 41:Global Top 5 and 10 Model Based Development (MBD) Players Market Share by Revenue in 2024
Figure 42:Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 43:North America Model Based Development (MBD) Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 44:North America Model Based Development (MBD) Market Share by Country: 2020 VS 2024 VS 2031
Figure 45:North America Model Based Development (MBD) Market Share by Country (2020-2031)
Figure 46:Europe Model Based Development (MBD) Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 47:Europe Model Based Development (MBD) Market Share by Country: 2020 VS 2024 VS 2031
Figure 48:Europe Model Based Development (MBD) Market Share by Country (2020-2031)
Figure 49:Asia-Pacific Model Based Development (MBD) Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 50:Asia-Pacific Model Based Development (MBD) Market Share by Country: 2020 VS 2024 VS 2031
Figure 51:Asia-Pacific Model Based Development (MBD) Market Share by Country (2020-2031)
Figure 52:Latin America Model Based Development (MBD) Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 53:Latin America Model Based Development (MBD) Market Share by Country: 2020 VS 2024 VS 2031
Figure 54:Latin America Model Based Development (MBD) Market Share by Country (2020-2031)
Figure 55:Middle East & Africa Model Based Development (MBD) Market Size by Country: 2020 VS 2024 VS 2031 (US$ Million)
Figure 56:Middle East & Africa Model Based Development (MBD) Market Share by Country: 2020 VS 2024 VS 2031
Figure 57:Middle East & Africa Model Based Development (MBD) Market Share by Country (2020-2031)
Figure 58:Years Considered
Figure 59:Research Process

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Chemical & Material

Global Model Based Development (MBD) Industry Growth and Trends Forecast to 2031

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