Global Model Based Development Industry

2023-2029 Global Model Based Development (MBD) Industry Research & Trends Analysis Report

Global Model Based Development Industry

2023-2029 Global Model Based Development (MBD) Industry Research & Trends Analysis Report


The research report on ‘Model Based Development (MBD) Market’ provides a workplan for stakeholders for the estimated timeframe of -. To elaborate, it offers valid predictions for the size, shares, and growth patterns of this domain over the projected timeline by assessing the past records and present business trends.

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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

Tables & Figures:
Show more
Research Methodology:
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.
Model Based Development (MBD) Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

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

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

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 (2025-2031)
  • 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 (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Is the Model Based Development (MBD) Market shifting its focus from growth to value?
Recognize the areas along the Model Based Development (MBD) Market's value chain where players are generating value. To get a complete picture, kindly read the entire report.
What is the current state of the Model Based Development (MBD) Industry, and what is the projected growth trajectory through 2030?
In 2024, the Model Based Development (MBD) Market share surpassed USD xx million, and between 2025 and 2030, it will grow at a CAGR of yy%.
What is Model Based Development (MBD) Market Concentration Rate?
In addition to the Model Based Development (MBD) Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Model Based Development (MBD) Market.
How does the Model Based Development (MBD) Market study reflects the current scenario?
The Model Based Development (MBD) study focuses on shifting market dynamics, geopolitical and regulatory regulations, and key players' strategies to carefully analyze demand at risk across multiple industry categories.