Computer Aided Engineering (CAE) Market, by Type (Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Multibody dynamics, Optimization & simulation), Deployment Model (On-premise, Cloud-based), End-use (Automotive, Defense & aerospace, Electronics, Medical devices, Industrial equipment) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

Computer-Aided Engineering is a technology that uses computer software to simulate performance to improve product designs or resolve engineering related problems in various industries. This process includes simulation, validation and optimization of products, processes and manufacturing tools. These kind of integrated software solutions eliminate the need for creating multiple prototypes and issues related to product recalls. This report studies the present and future aspects of CAE market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the computer aided engineering (CAE) market. The scope of this report covers the computer aided engineering (CAE) market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

• In-depth analysis of the market ecosystem and its impact on the revenue growth
• Understanding of the strategies that are being adopted by the key players in this market to stay competitive
• Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

• Emerging economies worldwide with increase in outsourcing of manufacturing processes, is driving the growth of CAE market. The increasing use of CFD software, to study the battery temperature modules and extending battery life and performance is promoting the growth of the market.
• Cloud computing reduces costs that are associated with hardware acquisition and software licensing, installation and support which is contributing towards market growth. Companies are opting for Hyper-Converged Infrastructure platform which are opening newer opportunities for the growth of CAE market.
• Companies are also willing to pay high license fees for software that are capable of supporting low-value processes. Overall with so many benefits and ease of operating, the CAE market is estimated to grow at a steady pace during the forecasted period.

The CAE market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Europe region holds the highest market share and is the largest revenue contributor for the CAE market. The region shall continue to hold its dominance during the forecasted period due to increase in automation in the manufacturing sector. Also, increased awareness towards rising greenhouse gas emissions and developing battery technologies is boosting the European market growth. There is a rapid adaptation of Internet of Things (IoT) is a major factor driving the growth of European market. Next in line is the Asia-Pacific region which is witnessing a steady growth, due to increase in government investments in manufacturing sector. The region is also taking measures to expand the capacity of renewable energy generation which is requires usage of CAE software.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s computer aided engineering (CAE) market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the computer aided engineering (CAE) market by the following segments:

• Computer Aided Engineering (CAE) Market, by Type
  • Finite Element Analysis (FEA)
  • Computational Fluid Dynamics (CFD)
  • Multibody dynamics
  • Optimization & simulation
• Computer Aided Engineering (CAE) Market, by Deployment Model
  • On-premise
  • Cloud-based
• Computer Aided Engineering (CAE) Market, by End-use
  • Automotive
  • Defense & aerospace
  • Electronics
  • Medical devices
  • Industrial equipment
  • Others

KEY MARKET PLAYERS

Key players in the computer aided engineering (CAE) market include:

• ANSYS, Inc.
• Altair Engineering
• Autodesk, Inc.
• Bentley Systems, Inc.
• Dassault Systemes
• ESI Group
• Exa Corporation
• Mentor Graphics Corporation (A subsidiary of Siemens AG)
• MSC Software Corporation (A subsidiary of Hexagon AB)
• Siemens AG

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

• NORTH AMERICA
  • U.S.
  • Rest of North America
• EUROPE
  • France
  • Germany
  • U.K.
  • Rest of Europe
• ASIA-PACIFIC
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• MIDDLE EAST & AFRICA
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• LATIN AMERICA
  • Brazil
  • Rest of Latin America

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