World Machine - Command powerful tools like erosion and advanced colormaps to create terrain heightmaps, meshes, and textures for your game or 3D scene. Download for Free!
Picogen - The homepage of the free (as in freedom), GPL-licensed Terrain Synthesizer and Renderer named 'picogen'
Vue - Create vast expanses of terrains, add trees, select the best point of view and render...
DreamScape - Plugin for 3ds Max that creates skies, clouds, ocean waves, boat wakes, naval dynamics and terrain.
Hexagon - Hexagon - Box Version
World Creator - World Creator is a real-time terrain and landscape generator and creation tool, which is industry proven by many game, movie and artwork companies.