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Top Generative AI in Product Design & Engineering Companies Driving Digital Innovation

July 28, 2026 | Professional Services

Generative AI in product design & engineering comprises the application of AI models that create, enhance, simulate, and authenticate product designs and engineering solutions. It involves AI-driven lightweighting, generative assemblies, generative geometry creation, and AI-assisted concept generation. Generative AI in product design deploys innovative algorithms, mainly deep learning, to automatically create numerous design variations on the basis of specific performance standards. A rise in smart manufacturing efforts, innovative generative tools, and increasing investments in AI infrastructure to boost the generative AI in product design & engineering industry development.

The integration of generative AI is revolutionizing the industry by enhancing collaboration between designers, engineers, and stakeholders through dynamic design processes. The technology streamlines development workflows and drives innovation by enabling tailored and efficient solution creation. As industries increasingly recognize the value of generative AI in accelerating innovation and improving design capabilities, the adoption of such AI-driven platforms is anticipated to generate market growth opportunities over the forecast period.

According to a report by Fortune Business Insights™, the market for generative AI in product design & engineering reached USD 5.69 billion in 2025 and is predicted to reach USD 39.12  billion by 2034 with a CAGR of 24.0% from 2026 to 2034.

Fortune Business Insights™ Profiles Top 10 Companies in the Generative AI in Product Design & Engineering Market

1. Autodesk

Founded in 1982 and based in the U.S., Autodesk uses generative design capacities into its software suites. It empowers engineers and designers to integrate AI algorithms to create several design options, helping enhance products for performance and sustainability. Its technology comprises engineering, architecture, construction, product design, and media & entertainment. Researchers at Autodesk explore AI, simulation, robotics, and other developing technologies that will shape the designing future.

  • October 2026: Autodesk revealed bold AI-powered industry cloud inventions such as AI-native improvements to its Fusion and Forma platforms to simplify design and engineering workflows with generative capacities.

2. Dassault Systèmes

Since 1981, France-based Dassault Systèmes has been developing virtual environments designed to improve real-world experiences for consumers. It is a prominent player in software solutions that has transformed the way products are crafted. Dassault Systèmes focuses on constant innovation and using the power of virtual twin experiences. Its portfolio includes the renowned 3DEXPERIENCE platform and CATIA software, allowing companies across different industries to bring their visions to life with accuracy and efficacy.

  • February 2025: Dassault Systèmes launched “3D UNIV+RSES” that incorporates manifold generative AI technologies at the core of global IP lifecycle management (IPLM).

3. Siemens Digital Industries Software

Headquartered in the U.S., Siemens Digital Industries Software is driving innovation by enabling digital enterprises to seamlessly integrate engineering, manufacturing, and electronics design for the future of industrial transformation. Its software and the digital twin allows companies to enhance their design, engineering and manufacturing procedures. Its product range assists companies of all sizes to generate and use digital twins that offer organizations new insights, opportunities, and levels of automation to drive revolution.

  • June 2025: Siemens introduced generative and agentic AI solutions for EDA and PCB design at DAC 2025 to foster productivity in chip, SoC, and printed circuit board engineering workflows.

4. PTC

Based in the U.S., PTC has constantly revolutionized in the product development space. PTC’s AI allows customers to unlock more value across the entire product lifecycle. Its exclusive product series of software solutions empowers companies to transform how they develop their products, driving excellence in engineering and design. PTC releases industrial revolution with award-winning, market-proven solutions that allow companies to distinguish their products and services, enhance operational superiority, and boost workforce efficiency.

  • December 2024: PTC collaborated with Microsoft and Volkswagen Group to create a generative AI copilot based on the PTC Codebeamer application lifecycle management solution.

5. Ansys

With over 50 years of experience, Ansys is a renowned name in computer simulation in the  U.S. It is a technology partner concentrating on computer-aided engineering. It decreases unforeseen downtime and offers superior lifecycle predictability in maintenance. Ansys can boost the capacities of product R&D teams broadly, allowing them to quickly advance AI-powered products. 

  • July 2025: Ansys unveiled Ansys 2025 R2, including new AI-powered simulation capacities and the Ansys Engineering Copilot virtual assistant to hasten product design iterations and enhance engineering productivity.

6. Altair Engineering Inc.

Initiated in 1985, a U.S.-based Altair Engineering Inc. is one of the generative AI in product design & engineering companies that offer simulation technology and services. It has advanced from a niche engineering software supplier to an all-inclusive platform that pushes organizations to improve their operations and transform in design and development. Altair Engineering Inc. offers software and cloud solutions in product development, data analytics, and high-performance computing (HPC). Altair allows organizations across comprehensive industry segments to compete more efficiently in a connected world while generating a more sustainable future.

  • July 2024: Altair increased its product offerings with the procurement of Metrics Design Automation Inc., Research in Flight, and the assets of Cambridge Semantics, boosting its capacities in computational fluid dynamics, semiconductor simulation, and data analytics.

7. nTopology

nTopology, established in the U.S., is a software company making design and engineering solutions to assist innovative production and automation. nTopology was founded in 2015 to allow engineers and designers to make any geometry, no matter how complex, and fulfil the needs of high-performance products. Its software is used from research through manufacturing to craft advanced procedures and products for the aerospace, automotive, medical, and consumer industries.

8. Hexagon

Hexagon is a prominent provider of measurement technologies in Sweden. The company bridges the physical and digital worlds with advanced solutions in metrology, making industries and cities safer, smarter, and more sustainable. Hexagon is devoted to boosting productivity, safety, quality, and sustainability for everyone it serves. Its metrology solutions offer real-time insights that transform upstream and downstream decision-making.

9. Neural Concept

Founded in 2018, Neural Concept is a Switzerland-based intelligence platform that renovates engineering product design through innovative 3D deep learning algorithms. It offers an important end-to-end platform that places AI at the center of the product development procedure, assisting engineers design quicker, smarter, and better. Its Engineering Intelligence platform allows teams to integrate AI-driven workflows that shorten development cycles, foster design quality, and boost competitiveness.

10. NVIDIA

Since its formation in 1993, NVIDIA has been an accelerated computing innovator in the U.S. It offers the critical high-performance computing power and specialized hardware, including GPUs and the NVIDIA AI platform, that train and run the large, complex generative AI models used across the design industry. NVIDIA assists software makers and industry manufacturers to create products for large-scale, physically precise simulations and interactive digital twins so teams can proficiently build, train, and test cutting-edge systems before deployment, bringing products to market faster.

  • December 2025: NVIDIA and Synopsys made a strategic collaboration to transform engineering and design workflows by integrating NVIDIA’s AI-accelerated computing with Synopsys’ engineering solutions, allowing quicker simulation, digital twins, and smarter product design across industries.

Integration of Generative AI in Product Design & Engineering Unlock Creativity and Productivity

When industrial designers create ideas or reform packaging, consumer durables, experiences, and spaces, their artistic methods generally follow crucial phases, including market and user research, concept testing & refinement, and concept development. Gen AI technology can offer great value at each stage, allowing designers to catalyze different thinking to craft products that transform users’ everyday experiences. Generative AI is a proven, safe, and scalable capability that is dynamically redefining how manufacturers build products. Generative AI in product design & engineering empowers firms to remove inefficiencies, bring products to market quicker, and fulfil increasingly intricate design and compliance necessities. Generative AI integrates advanced algorithms that create improved designs from predefined parameters, providing the potential to shorten design cycles, expand product functionality, and overhaul traditional production methods. Leveraging generative AI enhances product design and development across multiple dimensions. As companies look for agility and revolution, generative AI is quickly shifting from experimental pilots to mission-critical assets that improve design accuracy, hasten development cycles, and unlock new competitive advantages.

 

 

For more details, see our report regarding this competitive market landscape.

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