Product Code: GVR-1-68038-802-2
Computer Aided Engineering Market Growth & Trends:
The global computer aided engineering market size is anticipated to reach USD 19.19 billion by 2030, registering a CAGR of 8.8%, according to a new report by Grand View Research, Inc. Rapid growth of the wearable industry is likely to increase the use of CAE software in the electronics industry. The major players in the market are in search of new sources of revenue as the smartphone market is in the maturity stage. As a result, the demand for wearable technology has increased the demand during the forecast period.
The growing penetration of IoT, tablets, and smartphones is expected to boost the CAE market growth. Owing to the growth of IoT, wearable devices, used in the fields of medicine, fitness, transportation, education, entertainment, and gaming, are increasing; paving way for the growth of the CAE market. Miniaturization of electronic devices and sensors and persuasive connectivity with lowered costs have immensely contributed to the growth of wearable technology devices.
Government regulations, mandating applications, such as collision avoidance, parking assistance systems, wireless communication technology, and interactive infotainment systems, in the upcoming car technologies to increase driver safety, are anticipated to raise the demand for CAE software. Additionally, technological advancements in the automotive sector, including driverless cars and semi-autonomous cars, are further anticipated to boost the industry demand.
The emerging new engineering modes such as 3D printing, building information modeling, and concurrent engineering is likely to influence the market. 3D printing is a form of additive manufacturing that allows users to print any object as a 3-D image. The technology helps in reducing production costs and developing new methods of production. Ease of use and unlimited customization capabilities are the key factors driving the 3D printing market which is further expected to positively impact the computer aided engineering market demand.
The prevailing open-source software is anticipated to restrain the market growth over the projected period. They are available for free on the web; however, the vendors charge for support, customization, and maintenance services. Linux has been leading the open architecture software market. Open-source software has been a boon for small software vendors, due to which, the large enterprises have been facing negative impacts. The major drivers of open-source technology are the minor flaws and bugs that can be tested and fixed immediately.
Computer Aided Engineering Market Highlights:
- The intellectual property protection of software is crucial, as most of the modern manufacturing organizations rely on computer technology
- The computational fluid dynamics segment is anticipated to witness a high growth rate during the forecast period
- Testing and simulation are the important aspects of a design cycle that help the end-users in achieving profitability and faster time-to-market
- The On-premise segment dominated the market in terms of revenue in 2021 and is anticipated to remain dominant over the projected period
- Simulation software is used to analyze the effect of casing materials on IC performance, thermal management, and electrical signal performance
- The increasing adoption of lithium-ion batteries in consumer electronics applications will also enhance the industry demand during the projected period
- Asia Pacific and South America are poised to emerge as lucrative regional markets over the forecast period with high compounded annual growth rates
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope & Assumptions
- 1.3 List of Data Sources
Chapter 2 Executive Summary
- 2.1 CAE- Industry Snapshot &Key Buying Criteria, 2017 - 2030
Chapter 3 Industry Outlook
- 3.1 Market Segmentation & Scope
- 3.2 CAE Market Size and Growth Prospects
- 3.3 CAE-Value Chain Analysis
- 3.4 Market Dynamics
- 3.4.1 Market driver analysis
- 3.4.1.1 Emergence of 3D printing
- 3.4.1.2 New pricing model and Cloud-based software-as-a-service(SaaS)
- 3.4.2 Market restraint analysis
- 3.4.2.1 Open source software
- 3.4.3 Market opportunity analysis
- 3.4.3.1 Physics-based Simulations with Machine Learning
- 3.4.3.2 Proliferation of Digital Twins for Processes and Objects
- 3.5 List of Key End-users
- 3.6 Key Opportunities-Prioritized
- 3.7 CAE-Key Company Analysis, 2021
- 3.7.1 Key company analysis, 2021
- 3.8 Industry Analysis-Porter's
- 3.9 CAE-PESTEL Analysis
Chapter 4 CAE: Type Estimates & Trend Analysis
- 4.1 CAE Market: Type Analysis
- 4.1.1 FEA
- 4.1.1.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.1.2 CFD
- 4.1.2.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.1.3 Multibody dynamics
- 4.1.3.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.1.4 Optimization & simulation
- 4.1.4.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5 CAE: Deployment Model Estimates & Trend Analysis
- 5.1 CAE Market: Deployment Model Analysis
- 5.1.1 On-premise
- 5.1.1.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.2 Cloud-based
- 5.1.2.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6 CAE: End-use Estimates & Trend Analysis
- 6.1 CAE Market: End-use Analysis
- 6.1.1 Automotive
- 6.1.1.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.1.2 Defense & aerospace
- 6.1.2.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.1.3 Electronics
- 6.1.3.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.1.4 Medical devices
- 6.1.4.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.1.5 Industrial equipment
- 6.1.5.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.1.6 Others
- 6.1.6.1 Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 7 CAE: Regional Estimates & Trend Analysis
- 7.1 CAE Market Share by Region, 2021 & 2030
- 7.2 North America
- 7.2.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.2.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.2.4 U.S.
- 7.2.4.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.4.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.2.4.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.2.5 Canada
- 7.2.5.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.5.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.2.5.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.2.6 Mexico
- 7.2.6.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.6.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.2.6.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3 Europe
- 7.3.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.3.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.4 Germany
- 7.3.4.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.4.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.3.4.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.5 U.K.
- 7.3.5.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.5.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.3.5.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.6 France
- 7.3.6.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.6.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.3.6.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.7 Italy
- 7.3.7.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.7.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.3.7.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.8 Spain
- 7.3.8.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.8.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.3.8.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.9 Russia
- 7.3.9.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.9.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.3.9.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.4.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.4 China
- 7.4.4.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.4.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.4.4.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.5 India
- 7.4.5.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.5.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.4.5.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.6 Japan
- 7.4.6.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.6.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.4.6.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.7 Singapore
- 7.4.7.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.7.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.4.7.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.8 South Korea
- 7.4.8.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.8.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.4.8.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.5 South America
- 7.5.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.5.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.5.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.5.4 Brazil
- 7.5.4.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.5.4.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.5.4.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.6 Middle East and Africa (MEA)
- 7.6.1 Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.6.2 Market estimates and forecasts, by deployment model, 2017 - 2030 (USD Million)
- 7.6.3 Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
Chapter 8 Competitive Landscape
- 8.1 ANSYS, Inc.
- 8.1.1 Company overview
- 8.1.2 Financial performance
- 8.1.3 Product benchmarking
- 8.1.4 Recent developments
- 8.2 Altair Engineering
- 8.2.1 Company overview
- 8.2.2 Product benchmarking
- 8.2.3 Recent developments
- 8.3 Autodesk, Inc.
- 8.3.1 Company overview
- 8.3.2 Financial performance
- 8.3.3 Product benchmarking
- 8.3.4 Recent developments
- 8.4 Bentley Systems, Inc.
- 8.4.1 Company overview
- 8.4.2 Product benchmarking
- 8.4.3 Recent developments
- 8.5 Dassault Systemes
- 8.5.1 Company Overview
- 8.5.2 Financial performance
- 8.5.3 Product Benchmarking
- 8.5.4 Strategic Initiatives
- 8.6 ESI Group
- 8.6.1 Company overview
- 8.6.2 Financial performance
- 8.6.3 Product benchmarking
- 8.6.4 Recent developments
- 8.7 Exa Corporation
- 8.7.1 Company overview
- 8.7.2 Financial performance
- 8.7.3 Product benchmarking
- 8.7.4 Recent developments
- 8.8 Mentor Graphics Corporation (A subsidiary of Siemens AG)
- 8.8.1 Company overview
- 8.8.2 Financial performance
- 8.8.3 Product benchmarking
- 8.8.4 Recent developments
- 8.9 MSC Software Corporation (A subsidiary of Hexagon AB)
- 8.9.1 Company overview
- 8.9.2 Product benchmarking
- 8.9.3 Recent developments
- 8.10 Siemens AG
- 8.10.1 Company overview
- 8.10.2 Financial performance
- 8.10.3 Product benchmarking
- 8.10.4 Recent developments
Chapter 9 Competitive Analysis
- 9.1 Recent developments & impact analysis, by key market participants
- 9.2 Company competition categorization
- 9.3 Key company market share analysis, 2021
- 9.4 Company ranking analysis