DUBLIN — (BUSINESS WIRE) — November 6, 2013 — Research and Markets ( http://www.researchandmarkets.com/research/mcrhhc/global_plant) has announced the addition of the Plant Design and Engineering Applications Market -2013 Report to their offering.

Global Plant Design And Engineering Applications Market To Grow At A CAGR Of 11.89 Percent Over The Period 2012-2016

The report provides on an in-depth market analysis with inputs from industry experts. Commenting on the report, an analyst from TechNavio's Engineering team said: 'The increased adoption of the cloud-based model is a major trend in the Global Plant Design and Engineering Applications market. Cloud computing technology is becoming popular among organizations because it offers huge space for data storage, provides flexibility, and enables scalability. Hence, several plant design and engineering application software vendors have started developing cloud-based solutions. This pay-per-use model of plant design suites reduces the overall cost of software adoption. Moreover, several users can remotely access cloud-based plant design software solutions at any time and in any place. Furthermore, cloud-based plant design software can be scaled up more easily in terms of features. Hence, many vendors are developing cloud-based plant design and engineering applications suites to meet the demands of end-users.'

According to the report, increasing demand from developing countries is one of the major drivers in the market. Many process manufacturing industries such as the Pharmaceutical industry are growing at a fast rate in many developing countries such as China, India, Brazil, and Poland. The need to increase interoperability is one of the major challenges in the market. End-users often face compatibility issues among different plant applications and systems.

Key Topics Covered

1. Executive Summary

2. List of Abbreviations

3. Introduction

4. Market Research Methodology

5. Scope of the Report

6. Market Landscape

7. Geographical Segmentation

8. Key Leading Countries

9. Vendor Landscape

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Key Vendor Analysis

Companies Mentioned

• AVEVA Group
• Autodesk
• Bentley Systems
• Hexagon
• Tekla Corp.

For more information visit http://www.researchandmarkets.com/research/mcrhhc/global_plant

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