According to the research report published by Market IntelliX, the global market for Model Based Development (MBD) should grow from US$ 2546.4 million in 2022 to US$ 6785.1 million by 2029, with a CAGR of 15.9% for the period of 2023-2029.

Global key players of Model Based Development (MBD) include Siemens, IBM, PTC, ETAS, MathWorks, etc. The top five players hold a share over 53%. North America is the largest market, has a share about 36%, followed by Europe and Asia-Pacific, with share 34% and 25%, separately. In terms of product type, On-premises is the largest segment, occupied for a share of 63%, and in terms of application, Automotive has a share about 25%.

Model based development (MBD) is a software development methodology based on V-cycle. The model based approach enables a developer to simulate the models for the complex control processes. These software models can be tested to assess the performance in real-time.

Model-based development is a design and development method that models, simulates, and then verifies controls and controlled objects that make up systems. Through model-based development, verification can be done during the design process, which reduces rework in the verification process, thereby significantly reducing development hours and improving quality. Model-based development methods are used not only in the design process but also in the verification process. By modeling the verification environment, various types of verification can be performed.

Currently, model-based development is being used in a variety of products. It has been implemented mainly in the development of in-vehicle systems but is also being used in a wide range of other fields such as medical equipment and robotics. It is expected to be introduced in a variety of fields in the future.

This report aims to provide a comprehensive study of the global market for Model Based Development (MBD). Report Highlights:

(1) Global Model Based Development (MBD) market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Model Based Development (MBD) market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Model Based Development (MBD) market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Model Based Development (MBD) segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Model Based Development (MBD) segment by type and by application and regional segment by type and by application.

(6) Model Based Development (MBD) industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

On-premises

Cloud Based

Market segment by application, can be divided into

Automotive

Electronics and Semiconductor

Aerospace and Defence

Medical

Industrial

Others

Market segment by players, this report covers

Siemens

IBM

PTC

ETAS

MathWorks

dSPACE

NXP

Altair

Zuken

Gamma Technologies

Maplesoft

BTC

Model Engineering Solutions

PikeTec

Vector Informatik

Sparx Systems

1 Market Overview

1.1 Product Overview and Scope of Model Based Development (MBD)

1.2 Global Model Based Development (MBD) Market Size and Forecast

1.3 China Model Based Development (MBD) Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Model Based Development (MBD) Share in Global Market, 2018-2029

1.4.2 Model Based Development (MBD) Market Size: China VS Global, 2018-2029

1.5 Model Based Development (MBD) Market Dynamics

1.5.1 Model Based Development (MBD) Market Drivers

1.5.2 Model Based Development (MBD) Market Restraints

1.5.3 Model Based Development (MBD) Industry Trends

1.5.4 Model Based Development (MBD) Industry Policy

2 Global Competitive Situation by Company

2.1 Global Model Based Development (MBD) Revenue by Company (2018-2023)

2.2 Global Model Based Development (MBD) Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Model Based Development (MBD) Concentration Ratio

2.4 Global Model Based Development (MBD) Mergers & Acquisitions, Expansion Plans

2.5 Global Model Based Development (MBD) Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Model Based Development (MBD) Revenue by Company (2018-2023)

3.2 China Model Based Development (MBD) Model Based Development (MBD) Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Model Based Development (MBD), Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Model Based Development (MBD) Industry Chain

4.2 Model Based Development (MBD) Upstream Analysis

4.3 Model Based Development (MBD) Midstream Analysis

4.4 Model Based Development (MBD) Downstream Analysis

5 Sights by Type

5.1 Model Based Development (MBD) Classification

5.1.1 On-premises

5.1.2 Cloud Based

5.2 By Type, Global Model Based Development (MBD) Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Model Based Development (MBD) Revenue, 2018-2029

6 Sights by Application

6.1 Model Based Development (MBD) Segment by Application

6.1.1 Automotive

6.1.2 Electronics and Semiconductor

6.1.3 Aerospace and Defence

6.1.4 Medical

6.1.5 Industrial

6.1.6 Others

6.2 By Application, Global Model Based Development (MBD) Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Model Based Development (MBD) Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Model Based Development (MBD) Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Model Based Development (MBD) Market Size, 2018-2029

7.3 North America

7.3.1 North America Model Based Development (MBD) Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Model Based Development (MBD) Market Size Market Share

7.4 Europe

7.4.1 Europe Model Based Development (MBD) Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Model Based Development (MBD) Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Model Based Development (MBD) Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Model Based Development (MBD) Market Size Market Share

7.6 South America

7.6.1 South America Model Based Development (MBD) Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Model Based Development (MBD) Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Model Based Development (MBD) Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Model Based Development (MBD) Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Model Based Development (MBD) Market Size, 2018-2029

8.3.2 By Company, U.S. Model Based Development (MBD) Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Model Based Development (MBD) Market Size, 2018-2029

8.4.2 By Company, Europe Model Based Development (MBD) Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Model Based Development (MBD) Market Size, 2018-2029

8.5.2 By Company, China Model Based Development (MBD) Revenue Market Share, 2018-2023

8.5.3 By Type, China Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Model Based Development (MBD) Market Size, 2018-2029

8.6.2 By Company, Japan Model Based Development (MBD) Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Model Based Development (MBD) Market Size, 2018-2029

8.7.2 By Company, South Korea Model Based Development (MBD) Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Model Based Development (MBD) Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Model Based Development (MBD) Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Model Based Development (MBD) Market Size, 2018-2029

8.9.2 By Company, India Model Based Development (MBD) Revenue Market Share, 2018-2023

8.9.3 By Type, India Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Model Based Development (MBD) Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Model Based Development (MBD) Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 Siemens

9.1.1 Siemens Company Information, Head Office, Market Area and Industry Position

9.1.2 Siemens Company Profile and Main Business

9.1.3 Siemens Model Based Development (MBD) Models, Specifications and Application

9.1.4 Siemens Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.1.5 Siemens Recent Developments

9.2 IBM

9.2.1 IBM Company Information, Head Office, Market Area and Industry Position

9.2.2 IBM Company Profile and Main Business

9.2.3 IBM Model Based Development (MBD) Models, Specifications and Application

9.2.4 IBM Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.2.5 IBM Recent Developments

9.3 PTC

9.3.1 PTC Company Information, Head Office, Market Area and Industry Position

9.3.2 PTC Company Profile and Main Business

9.3.3 PTC Model Based Development (MBD) Models, Specifications and Application

9.3.4 PTC Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.3.5 PTC Recent Developments

9.4 ETAS

9.4.1 ETAS Company Information, Head Office, Market Area and Industry Position

9.4.2 ETAS Company Profile and Main Business

9.4.3 ETAS Model Based Development (MBD) Models, Specifications and Application

9.4.4 ETAS Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.4.5 ETAS Recent Developments

9.5 MathWorks

9.5.1 MathWorks Company Information, Head Office, Market Area and Industry Position

9.5.2 MathWorks Company Profile and Main Business

9.5.3 MathWorks Model Based Development (MBD) Models, Specifications and Application

9.5.4 MathWorks Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.5.5 MathWorks Recent Developments

9.6 dSPACE

9.6.1 dSPACE Company Information, Head Office, Market Area and Industry Position

9.6.2 dSPACE Company Profile and Main Business

9.6.3 dSPACE Model Based Development (MBD) Models, Specifications and Application

9.6.4 dSPACE Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.6.5 dSPACE Recent Developments

9.7 NXP

9.7.1 NXP Company Information, Head Office, Market Area and Industry Position

9.7.2 NXP Company Profile and Main Business

9.7.3 NXP Model Based Development (MBD) Models, Specifications and Application

9.7.4 NXP Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.7.5 NXP Recent Developments

9.8 Altair

9.8.1 Altair Company Information, Head Office, Market Area and Industry Position

9.8.2 Altair Company Profile and Main Business

9.8.3 Altair Model Based Development (MBD) Models, Specifications and Application

9.8.4 Altair Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.8.5 Altair Recent Developments

9.9 Zuken

9.9.1 Zuken Company Information, Head Office, Market Area and Industry Position

9.9.2 Zuken Company Profile and Main Business

9.9.3 Zuken Model Based Development (MBD) Models, Specifications and Application

9.9.4 Zuken Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.9.5 Zuken Recent Developments

9.10 Gamma Technologies

9.10.1 Gamma Technologies Company Information, Head Office, Market Area and Industry Position

9.10.2 Gamma Technologies Company Profile and Main Business

9.10.3 Gamma Technologies Model Based Development (MBD) Models, Specifications and Application

9.10.4 Gamma Technologies Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.10.5 Gamma Technologies Recent Developments

9.11 Maplesoft

9.11.1 Maplesoft Company Information, Head Office, Market Area and Industry Position

9.11.2 Maplesoft Company Profile and Main Business

9.11.3 Maplesoft Model Based Development (MBD) Models, Specifications and Application

9.11.4 Maplesoft Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.11.5 Maplesoft Recent Developments

9.12 BTC

9.12.1 BTC Company Information, Head Office, Market Area and Industry Position

9.12.2 BTC Company Profile and Main Business

9.12.3 BTC Model Based Development (MBD) Models, Specifications and Application

9.12.4 BTC Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.12.5 BTC Recent Developments

9.13 Model Engineering Solutions

9.13.1 Model Engineering Solutions Company Information, Head Office, Market Area and Industry Position

9.13.2 Model Engineering Solutions Company Profile and Main Business

9.13.3 Model Engineering Solutions Model Based Development (MBD) Models, Specifications and Application

9.13.4 Model Engineering Solutions Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.13.5 Model Engineering Solutions Recent Developments

9.14 PikeTec

9.14.1 PikeTec Company Information, Head Office, Market Area and Industry Position

9.14.2 PikeTec Company Profile and Main Business

9.14.3 PikeTec Model Based Development (MBD) Models, Specifications and Application

9.14.4 PikeTec Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.14.5 PikeTec Recent Developments

9.15 Vector Informatik

9.15.1 Vector Informatik Company Information, Head Office, Market Area and Industry Position

9.15.2 Vector Informatik Company Profile and Main Business

9.15.3 Vector Informatik Model Based Development (MBD) Models, Specifications and Application

9.15.4 Vector Informatik Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.15.5 Vector Informatik Recent Developments

9.16 Sparx Systems

9.16.1 Sparx Systems Company Information, Head Office, Market Area and Industry Position

9.16.2 Sparx Systems Company Profile and Main Business

9.16.3 Sparx Systems Model Based Development (MBD) Models, Specifications and Application

9.16.4 Sparx Systems Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

9.16.5 Sparx Systems Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Table 1. Model Based Development (MBD) Market Size & CAGR: China VS Global, (US$ Million), 2018-2029

Table 2. Model Based Development (MBD) Market Restraints

Table 3. Model Based Development (MBD) Market Trends

Table 4. Model Based Development (MBD) Industry Policy

Table 5. Global Model Based Development (MBD) Revenue by Company (2018-2023) & (US$ million)

Table 6. Global Model Based Development (MBD) Revenue Market Share by Company (2018-2023)

Table 7. Global Model Based Development (MBD) Manufacturers Market Concentration Ratio (CR3 and HHI)

Table 8. Global Model Based Development (MBD) Mergers & Acquisitions, Expansion Plans

Table 9. Global Model Based Development (MBD) Manufacturers Product Type

Table 10. China Model Based Development (MBD) Revenue by Company (2018-2023) & (US$ million)

Table 11. China Model Based Development (MBD) Revenue Market Share by Company (2018-2023)

Table 12. Global Key Players of Model Based Development (MBD) Upstream (Raw Materials)

Table 13. Global Model Based Development (MBD) Typical Customers

Table 14. Model Based Development (MBD) Typical Distributors

Table 15. By Type, Global Model Based Development (MBD) Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million

Table 16. By Application, Global Model Based Development (MBD) Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million

Table 17. By Region, Global Model Based Development (MBD) Market Size, 2018 VS 2022 VS 2029, US$ Million

Table 18. By Region, Global Model Based Development (MBD) Revenue, 2018-2029, US$ Million

Table 19. By Country, Global Model Based Development (MBD) Revenue & CAGR，2018 VS 2022 VS 2029, US$ Million

Table 20. By Country, Global Model Based Development (MBD) Revenue, 2018-2029, US$ Million

Table 21. By Country, Global Model Based Development (MBD) Revenue Market Share, 2018-2029

Table 22. Siemens Company Information, Head Office, Market Area and Industry Position

Table 23. Siemens Company Profile and Main Business

Table 24. Siemens Model Based Development (MBD) Models, Specifications and Application

Table 25. Siemens Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 26. Siemens Recent Developments

Table 27. IBM Company Information, Head Office, Market Area and Industry Position

Table 28. IBM Company Profile and Main Business

Table 29. IBM Model Based Development (MBD) Models, Specifications and Application

Table 30. IBM Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 31. IBM Recent Developments

Table 32. PTC Company Information, Head Office, Market Area and Industry Position

Table 33. PTC Company Profile and Main Business

Table 34. PTC Model Based Development (MBD) Models, Specifications and Application

Table 35. PTC Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 36. PTC Recent Developments

Table 37. ETAS Company Information, Head Office, Market Area and Industry Position

Table 38. ETAS Company Profile and Main Business

Table 39. ETAS Model Based Development (MBD) Models, Specifications and Application

Table 40. ETAS Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 41. ETAS Recent Developments

Table 42. MathWorks Company Information, Head Office, Market Area and Industry Position

Table 43. MathWorks Company Profile and Main Business

Table 44. MathWorks Model Based Development (MBD) Models, Specifications and Application

Table 45. MathWorks Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 46. MathWorks Recent Developments

Table 47. dSPACE Company Information, Head Office, Market Area and Industry Position

Table 48. dSPACE Company Profile and Main Business

Table 49. dSPACE Model Based Development (MBD) Models, Specifications and Application

Table 50. dSPACE Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 51. dSPACE Recent Developments

Table 52. NXP Company Information, Head Office, Market Area and Industry Position

Table 53. NXP Company Profile and Main Business

Table 54. NXP Model Based Development (MBD) Models, Specifications and Application

Table 55. NXP Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 56. NXP Recent Developments

Table 57. Altair Company Information, Head Office, Market Area and Industry Position

Table 58. Altair Company Profile and Main Business

Table 59. Altair Model Based Development (MBD) Models, Specifications and Application

Table 60. Altair Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 61. Altair Recent Developments

Table 62. Zuken Company Information, Head Office, Market Area and Industry Position

Table 63. Zuken Company Profile and Main Business

Table 64. Zuken Model Based Development (MBD) Models, Specifications and Application

Table 65. Zuken Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 66. Zuken Recent Developments

Table 67. Gamma Technologies Company Information, Head Office, Market Area and Industry Position

Table 68. Gamma Technologies Company Profile and Main Business

Table 69. Gamma Technologies Model Based Development (MBD) Models, Specifications and Application

Table 70. Gamma Technologies Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 71. Gamma Technologies Recent Developments

Table 72. Maplesoft Company Information, Head Office, Market Area and Industry Position

Table 73. Maplesoft Company Profile and Main Business

Table 74. Maplesoft Model Based Development (MBD) Models, Specifications and Application

Table 75. Maplesoft Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 76. Maplesoft Recent Developments

Table 77. BTC Company Information, Head Office, Market Area and Industry Position

Table 78. BTC Company Profile and Main Business

Table 79. BTC Model Based Development (MBD) Models, Specifications and Application

Table 80. BTC Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 81. BTC Recent Developments

Table 82. Model Engineering Solutions Company Information, Head Office, Market Area and Industry Position

Table 83. Model Engineering Solutions Company Profile and Main Business

Table 84. Model Engineering Solutions Model Based Development (MBD) Models, Specifications and Application

Table 85. Model Engineering Solutions Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 86. Model Engineering Solutions Recent Developments

Table 87. PikeTec Company Information, Head Office, Market Area and Industry Position

Table 88. PikeTec Company Profile and Main Business

Table 89. PikeTec Model Based Development (MBD) Models, Specifications and Application

Table 90. PikeTec Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 91. PikeTec Recent Developments

Table 92. Vector Informatik Company Information, Head Office, Market Area and Industry Position

Table 93. Vector Informatik Company Profile and Main Business

Table 94. Vector Informatik Model Based Development (MBD) Models, Specifications and Application

Table 95. Vector Informatik Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 96. Vector Informatik Recent Developments

Table 97. Sparx Systems Company Information, Head Office, Market Area and Industry Position

Table 98. Sparx Systems Company Profile and Main Business

Table 99. Sparx Systems Model Based Development (MBD) Models, Specifications and Application

Table 100. Sparx Systems Model Based Development (MBD) Revenue and Gross Margin, 2018-2023

Table 101. Sparx Systems Recent Developments

List of Figure

Figure 1. Model Based Development (MBD) Picture

Figure 2. Global Model Based Development (MBD) Industry Market Size and Forecast (US$ million) & (2018-2029)

Figure 3. China Model Based Development (MBD) Revenue and Forecast (US$ million) & (2018-2029)

Figure 4. 2018-2029 China Model Based Development (MBD) Market Share of Global

Figure 5. Global Model Based Development (MBD) Key Participants, Market Share, 2021 VS 2022 VS 2023

Figure 6. Global Model Based Development (MBD) Market Share by Company, (Tier 1, Tier 2 and Tier 3), 2018-2023

Figure 7. China Model Based Development (MBD) Key Participants, Market Share, 2021 VS 2022 VS 2023

Figure 8. China Model Based Development (MBD) Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2018-2023

Figure 9. Model Based Development (MBD) Industry Chain

Figure 10. On-premises

Figure 11. Cloud Based

Figure 12. By Type, Global Model Based Development (MBD) Revenue, 2018-2029, US$ Million

Figure 13. By Type, Global Model Based Development (MBD) Revenue Market Share, 2018-2029

Figure 14. Automotive

Figure 15. Electronics and Semiconductor

Figure 16. Aerospace and Defence

Figure 17. Medical

Figure 18. Industrial

Figure 19. Others

Figure 20. By Application, Global Model Based Development (MBD) Revenue, 2018-2029, US$ Million

Figure 21. By Application, Global Model Based Development (MBD) Revenue Market Share, 2018-2029

Figure 22. By Region, Global Model Based Development (MBD) Revenue Market Share, 2018-2029

Figure 23. North America Model Based Development (MBD) Revenue & Forecasts, 2018-2029, US$ Million

Figure 24. By Country, North America Model Based Development (MBD) Revenue Market Share, 2018-2023

Figure 25. Europe Model Based Development (MBD) Revenue & Forecasts, 2018-2029, US$ Million

Figure 26. By Country, Europe Model Based Development (MBD) Revenue Market Share, 2018-2023

Figure 27. Asia Pacific Model Based Development (MBD) Revenue & Forecasts, 2018-2029, US$ Million

Figure 28. By Country/Region, Asia Pacific Model Based Development (MBD) Revenue Market Share, 2018-2023

Figure 29. South America Model Based Development (MBD) Revenue & Forecasts, 2018-2029, US$ Million

Figure 30. By Country, South America Model Based Development (MBD) Revenue Market Share, 2018-2023

Figure 31. Middle East & Africa Model Based Development (MBD) Revenue & Forecasts, 2018-2029, US$ Million

Figure 32. U.S. Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 33. By Company, U.S. Model Based Development (MBD) Market Share, 2018-2023

Figure 34. By Type, U.S. Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 35. By Application, U.S. Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 36. Europe Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 37. By Company, Europe Model Based Development (MBD) Market Share, 2018-2023

Figure 38. By Type, Europe Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 39. By Application, Europe Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 40. China Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 41. By Company, China Model Based Development (MBD) Market Share, 2018-2023

Figure 42. By Type, China Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 43. By Application, China Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 44. Japan Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 45. By Company, Japan Model Based Development (MBD) Market Share, 2018-2023

Figure 46. By Type, Japan Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 47. By Application, Japan Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 48. South Korea Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 49. By Company, South Korea Model Based Development (MBD) Market Share, 2018-2023

Figure 50. By Type, South Korea Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 51. By Application, South Korea Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 52. Southeast Asia Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 53. By Company, Southeast Asia Model Based Development (MBD) Market Share, 2018-2023

Figure 54. By Type, Southeast Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 55. By Application, Southeast Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 56. India Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 57. By Company, India Model Based Development (MBD) Market Share, 2018-2023

Figure 58. By Type, India Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 59. By Application, India Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 60. Middle East & Asia Model Based Development (MBD) Revenue, 2018-2029, (US$ Million)

Figure 61. By Company, Middle East & Asia Model Based Development (MBD) Market Share, 2018-2023

Figure 62. By Type, Middle East & Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 63. By Application, Middle East & Asia Model Based Development (MBD) Revenue Market Share, 2022 VS 2029

Figure 64. Research Methodology

Figure 65. Breakdown of Primary Interviews

Figure 66. Bottom-up Approaches

Figure 67. Top-down Approaches

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)