Global Computer Aided Engineering (CAE) Market 2024-2028
The computer aided engineering (CAE) market is forecasted to grow by USD 4699.2 mn during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the computer aided engineering (CAE) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of the smartphone industry, increasing requirements for large-scale project management, and reduction in product design time and cost.
Technavio's computer aided engineering (CAE) market is segmented as below:
By Type
By End-user
- Automotive
- Aerospace and defense
- Electrical and electronics
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of CFD for battery designing as one of the prime reasons driving the computer aided engineering (CAE) market growth during the next few years. Also, CFD in battery designing and development of CAE solutions at nano level will lead to sizable demand in the market.
The report on the computer aided engineering (CAE) market covers the following areas:
- Computer aided engineering (CAE) market sizing
- Computer aided engineering (CAE) market forecast
- Computer aided engineering (CAE) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading computer aided engineering (CAE) market vendors that include Altair Engineering Inc., ANSYS Inc., Autodesk Inc., Bentley Systems Inc., BETA CAE Systems, Cadence Design Systems Inc., Ceetron AS, COMSOL AB, Dassault Systemes SE, ESI Group SA, Fidesys LLC, Flow Sciences Inc., Hexagon AB, Parametric Designs and Solutions, PTC Inc., Seiko Epson Corp., Siemens AG, Simerics Inc., SimScale GmbH, and Symscape. Also, the computer aided engineering (CAE) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.