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Computer Aided Engineering Market Profile, Share and Demand to 2025

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<strong>Computer</strong> <strong>Aided</strong> <strong>Engineering</strong> <strong>Market</strong> <strong>Profile</strong>, <strong>Share</strong> <strong>and</strong> Dem<strong>and</strong> <strong>to</strong><br />

<strong>2025</strong><br />

“The Global <strong>Computer</strong> <strong>Aided</strong> <strong>Engineering</strong> <strong>Market</strong> is anticipated <strong>to</strong> reach USD 12.8<br />

billion by <strong>2025</strong>. The <strong>Market</strong> Research Report provides in-depth industry overview<br />

of Methodology, Opportunities, Scope, <strong>Market</strong> Variables, Trends & Strategy<br />

Framework.”<br />

The global <strong>Computer</strong> <strong>Aided</strong> <strong>Engineering</strong> (CAE) <strong>Market</strong> size was valued at USD 5.23 billion in 2015 <strong>and</strong> is projected<br />

<strong>to</strong> reach USD 12.8 billion by <strong>2025</strong>. Global <strong>Computer</strong> <strong>Aided</strong> <strong>Engineering</strong> (CAE) market is expected <strong>to</strong> observe steady<br />

growth owing <strong>to</strong> increasing the need for collective product improvement. <strong>Computer</strong>-aided engineering application<br />

has the provision <strong>to</strong> undertake various tasks which include analysis, validation, simulation, <strong>and</strong> manufacturing of<br />

engineering goods. The convenience of worldwide licenses is expected <strong>to</strong> be a major driving fac<strong>to</strong>r for market growth<br />

over the forecast period.<br />

Global licenses help industry players <strong>to</strong> provide computer-aided engineering applications at a st<strong>and</strong>ardised fee. It<br />

also makes them easy <strong>to</strong> decide billing related <strong>to</strong> support <strong>and</strong> service offerings. Application of integrated CAE <strong>to</strong>ols<br />

results in a reduction in product analysis time <strong>and</strong> product life cycle time. This helps in improving the overall<br />

efficiency.Increasing usage of smartphones <strong>and</strong> tablets is expected <strong>to</strong> propel the market growth. The dem<strong>and</strong> for<br />

CAE <strong>to</strong>ols is expected <strong>to</strong> rise owing <strong>to</strong> its adoption in non-traditional fields including government institutions <strong>and</strong><br />

consumer durables. Features including cus<strong>to</strong>mer support, ownership cost, functionality, <strong>and</strong> quality of the CAE <strong>to</strong>ols<br />

are expected <strong>to</strong> boost the industry growth.<br />

Machines have been rated out of data on account of rapid change in technology <strong>and</strong> new product. In order <strong>to</strong><br />

achieve a competitive edge, market players are determined <strong>to</strong> make extensive investments in research <strong>and</strong><br />

development. Cloud-based CAE solution provides great opportunities <strong>and</strong> is anticipated <strong>to</strong> boost the market owing<br />

<strong>to</strong> huge investments for exclusive licenses. Cloud-based <strong>to</strong>ols have enabled industries <strong>to</strong> enhance their market<br />

Request Sample Copy of this <strong>Market</strong> Research @ https://www.millioninsights.com/industryreports/computer-aided-engineering-cae-market/request-sample


Cloud-based <strong>to</strong>ols have enabled industries <strong>to</strong> enhance their market reach in small <strong>and</strong> medium sec<strong>to</strong>rs offering<br />

advantages including low operating costs, maintenance costs, <strong>and</strong> company mobility. Further, pay-per-use billing<br />

techniques are expected <strong>to</strong> leverage the CAE market growth over the forecast period.<br />

Lack of technical proficiency <strong>and</strong> shortage of trained labour force is expected <strong>to</strong> hamper market growth over the<br />

forecast period. Organisations are expected <strong>to</strong> hesitate in making high investments for CAE licenses owing <strong>to</strong> the<br />

presence of open source solutions. Counterfeit software is a threat <strong>to</strong> the CAE market players. Extreme competition<br />

is expected <strong>to</strong> affect market players resulting in the reduction of profit margins <strong>and</strong> rise in operational expenditures.<br />

High maintenance <strong>and</strong> license costs offer challenges for overall market growth.<br />

CAE market is segmented on the basis of product design which includes computational fluid dynamics (CFD) <strong>and</strong><br />

finite element analysis (FEA). Finite element analysis finds its application in the assessment of given product design<br />

before its model is formed is done using finite element analysis. Computational fluid dynamics include analysis of<br />

engine movement, pressure measurement, <strong>and</strong> studying liquid <strong>and</strong> gases with various structures. CAE market is also<br />

segmented on the basis of end-user application which includes aerospace, defence, au<strong>to</strong>mobile, electronics, <strong>and</strong><br />

industrial machinery. CAE <strong>to</strong>ols have assisted organisations in aerospace <strong>and</strong> au<strong>to</strong>mobile sec<strong>to</strong>rs <strong>to</strong> develop safer<br />

product along with avoiding huge expenditures of developing pro<strong>to</strong>type model..<br />

Browse Full Research Report @<br />

https://www.millioninsights.com/industry-reports/computer-aided-engineering-cae-market<br />

Asia Pacific leads the market <strong>and</strong> the trend is anticipated <strong>to</strong> continue owing <strong>to</strong> the presence of a large number of<br />

manufacturing industries adopting CAE <strong>to</strong>ols. Regional dem<strong>and</strong> is followed by North America <strong>and</strong> Europe on account<br />

of high concentration of au<strong>to</strong>mated manufacturing industries. Increasing adoption of CAE <strong>to</strong>ols among SME is<br />

expected <strong>to</strong> drive the overall regional dem<strong>and</strong> may drive the CAE market in Latin America. Africa has been witnessing<br />

a slow growth owing <strong>to</strong> the absence of advanced manufacturing processes.<br />

Major players in the CAE market include Dassault, ANSYS, Siemens PLM Software, MSC Software, Altair <strong>Engineering</strong>,<br />

ESI Group, Men<strong>to</strong>r Graphics, Computational <strong>Engineering</strong> International, Bentley Systems, Exa Corporation, Numeca<br />

International, NEi Software <strong>and</strong> Flow Science. Merger <strong>and</strong> acquisition have been a common trend observed in recent<br />

years. Companies try <strong>to</strong> exp<strong>and</strong> their geographical reach as well as product portfolio through these merger<br />

strategies. Organisations have been concentrating on research <strong>and</strong> development for continuous improvement of<br />

their products.<br />

See More Reports of this Category by Million Insights @<br />

https://www.millioninsights.com/industry/computing-<strong>and</strong>-technology<br />

This is very essential <strong>to</strong> make themselves compatible with the growing machine technology. In June 2015, ANSYS<br />

acquired Gear Design Solutions. The collaboration of technology of both these companies is expected <strong>to</strong> assist<br />

ANSYS in providing simulation structure <strong>to</strong> the electronic <strong>and</strong> semiconduc<strong>to</strong>r market.


Dassault entered in<strong>to</strong> collaboration with Safran Group in June 2015 <strong>to</strong> develop competency in the virtual<br />

authentication of the chemical manufacturing process. Siemens PLM got hold of LMS International in December<br />

2012 <strong>to</strong> enhance its industry software portfolio. In March 2015, Bentley System incorporated EADOC which offers<br />

manufacturing management cloud services <strong>to</strong> provide real-time control in<strong>to</strong> a cost <strong>and</strong> enhanced information<br />

value. Bentley System also acquired Acute3D in February 2015 <strong>to</strong> increase its product portfolio. Similarly, Siemens<br />

PLM Software acquired Camstar <strong>to</strong> increase its product offering <strong>to</strong> cater <strong>to</strong> the needs of a completely integrated<br />

digital enterprise solution<br />

<strong>Market</strong> Segment:<br />

CAE Type Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />

• Finite Element Analysis (FEA)<br />

• Computational Fluid Dynamics (CFD)<br />

• Multibody dynamics<br />

• Optimization & simulation<br />

CAE Deployment Model Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />

• On-premise<br />

• Cloud based<br />

CAE End-Use Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />

• Au<strong>to</strong>motive<br />

• Defense & aerospace<br />

• Electronics<br />

• Medical devices<br />

• Industrial equipment<br />

• Others<br />

CAE Regional Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)


• North America<br />

• U.S.<br />

• Canada<br />

• Mexico<br />

• Europe<br />

• Germany<br />

• UK<br />

• France<br />

• Asia Pacific<br />

• China<br />

• India<br />

• Japan<br />

• South America<br />

• Brazil<br />

• The Middle East <strong>and</strong> Africa (MEA)<br />

Get in <strong>to</strong>uch<br />

At Million Insights, we work with the aim <strong>to</strong> reach the highest levels of cus<strong>to</strong>mer satisfaction. Our<br />

representatives strive <strong>to</strong> underst<strong>and</strong> diverse client requirements <strong>and</strong> cater <strong>to</strong> the same with the most<br />

innovative <strong>and</strong> functional solutions.

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