March 2000

Trends and Resources

HP Impact: HPImpact: Industry increases 3D design investments

Owner/ operator and EPC investments in 3D plant design and visualization software are poised to rise to record levels. According to industry-analyst Daratech, the market will top $280 million in 2000,..

Weirauch, Wendy, Hydrocarbon Processing Staff

Owner/ operator and EPC investments in 3D plant design and visualization software are poised to rise to record levels. According to industry-analyst Daratech, the market will top $280 million in 2000, a robust 15.9% growth. The 3D plant design and visualization software market is part of the overall plant design software market, which also includes 2D plant design software as well as add-on applications such as piping design, structural steel detailing, and others. User spending on 2D facility design software is forecast to exceed $131 million in 2000, a 13.8% growth. Driving this expansion are unprecedented advances in information technology and the dramatic rise of Web an

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