Generative design has been making several inroads in industries like aerospace, automotive, oil & gas, and even building architecture, according to an ABI survey.
Generative design expands design possibilities by creating shapes different from those that humans would create. These include lighter, cheaper components that are strong and durable.
“The rise of the sharing economy and additive manufacturing will drive both demand for and the ability to produce higher-quality goods,” explained Pierce Owen, Principal Analyst at ABI Research.
“Generative design expands design possibilities by creating shapes different from those that humans would create. It idealizes the design by creating something that best fits the constraints to optimize the products for various requirements.”
For several years now, industrial companies have been using geometric topology optimization that erodes the geometric shape of a product given a set of constraints to improve performance.
Generative design takes that a step further by creating, or generating, the geometric shapes from an engineer’s requirements rather than changing existing shapes.
Also, unlike topology optimization, generative design creates many iterations, variations or alternatives for engineers to compare, rather than simply removing unnecessary pieces or particles.
According to the report, additive manufacturing will drive both generative design and topology optimization as it provides greater build freedom to fulfill a wider variety of designs.
Traditional Computer-Aided Design (CAD) vendors such as Dassault Systèmes, Siemens and recently, PTC, have already embedded generative design capabilities within their CAD environments as plug-ins or kernels.
The pricing for generative design tools, modules, and products varies wildly depending on the business model, the computing hours, and the brand.
For larger established brands with a full CAD product, that product with all its modules can cost as much as $65,000 per year.
As a result, the generative design software market has brought in about $3.5 billion in 2018, but according to ABI Research’s forecasts that will grow to $10.8 billion by 2022 and $44.5 billion by 2030 with a CAGR of 24%.
Netherlands Aerospace Centre/ABI Research