Computer-aided Engineering (CAE) Market Overview
Aviation, space, automation, and shipbuilding are just a few of the industries that use CAE. Because of the speedier processing provided by CAE, one can save time and reach goals more quickly. Computer-aided design (CAD) and computer-aided engineering (CAE) models are imported into CAM software, which operates machine tools such as computer numeric control (CNC). CAE provides better building operation techniques, higher site construction standards, and more advanced designs.
The number of partnerships and mergers and acquisitions between original CAE suppliers and resellers, as well as between resellers, has surged in recent years. As a result, a high number of value-added resellers are becoming more prevalent, which is predicted to boost the CAE market. CAE software offers a wide range of applications and can be used for a variety of activities, including analysis, validation, simulation, and engineering product manufacturing.
Despite the fact that CAE is utilized for analysis and troubleshooting, some critics believe that reliable results come late in the design cycle, which is predicted to limit the CAE market's growth.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | CAE Tools, End Use, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Dassault Systemes, Siemens Product Lifecycle Management Software Inc., CD-adapco, Altair Engineering, Inc., AspenTechnology, Inc., Mentor Graphics, Inc., MSC Software Corporation, Computational Engineering International Inc., ESI Group, Bentley Systems Incorporated, Exa Corporation. |
Covid-19 Impact on Computer-aided Engineering (CAE) Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Computer-aided Engineering (CAE) Market Segment Overview
According to CAE Tools, Computational Fluid Dynamics (CFD) Tools is the most prominent segment in the global Computer-aided Engineering (CAE) Market. Computational Fluid Dynamics (CFD) is the process of mathematically modeling a physical phenomenon involving fluid flow and solving it numerically using computational prowess.
With the rise of computers and ever-growing computational power, the field of Computational Fluid Dynamics became a commonly applied tool for generating solutions for fluid flows with or without solid interaction. In a CFD software analysis, the examination of fluid flow by its physical properties such as velocity, pressure, temperature, density, and viscosity is conducted.
Computer-aided Engineering (CAE) Market, By CAE Tools
· Computational Fluid Dynamics (CFD) Tool
· Finite Element Analysis (FEA) Tool
· Multi-Body Dynamics (MBD) Tool
Computer-aided Engineering (CAE) Market, By End Use
· Electronics and Electrical
· Defense
· Aerospace
· Automobile
· Industrial Machinery
Computer-aided Engineering (CAE) Market Regional Overview
Based on the region, the global Computer-aided Engineering (CAE) market is classified into Asia Pacific, South America, North America, Middle East & Africa, and Europe. The Asia Pacific is one of the most prominent regions for the market. This is because of the growing adoption of CAE tools and the emergence of a large number of manufacturing industries in this region.
Computer-aided Engineering (CAE) Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Computer-aided Engineering (CAE) Market, Key Players
· Dassault Systemes
· Siemens Product Lifecycle Management Software Inc.
· CD-adapco
· Altair Engineering, Inc.
· AspenTechnology, Inc.
· Mentor Graphics, Inc.
· MSC Software Corporation
· Computational Engineering International Inc.
· ESI Group
· Bentley Systems Incorporated
· Exa Corporation
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Computer-aided Engineering (CAE) market?
CAE software offers a wide range of applications and can be used for a variety of activities, including analysis, validation, simulation, and engineering product manufacturing. This key fact majorly supports the growth of the market.
Q2. What are the restraining factors for the global Computer-aided Engineering (CAE) market?
Some critics believe that reliable results come late in the design cycle, which is predicted to limit the CAE market's growth.
Q3. Which segment is projected to hold the largest share in the global Computer-aided Engineering (CAE) market?
Computational Fluid Dynamics (CFD) Tools segment is projected to hold the largest share in the global Computer-aided Engineering (CAE) market
Q4. Which region holds the largest share in the global Computer-aided Engineering (CAE) market?
Asia pacific holds the largest share in the global Computer-aided Engineering (CAE) market
Q5. Which are the prominent players in the global Computer-aided Engineering (CAE) market?
Dassault Systemes, Siemens Product Lifecycle Management Software Inc., CD-adapco, Altair Engineering, Inc., AspenTechnology, Inc., Mentor Graphics, Inc., MSC Software Corporation, Computational Engineering International Inc., ESI Group, Bentley Systems Incorporated, Exa Corporation. are some key players in the global Computer-aided Engineering (CAE) market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Computer-aided Engineering (CAE) Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By CAE Tools
- 5.2.1. Computational Fluid Dynamics (CFD) Tool
- 5.2.2. Finite Element Analysis (FEA) Tool
- 5.2.3. Multi-Body Dynamics (MBD) Tool
- 5.3. Market Analysis, Insights and Forecast – By End Use
- 5.3.1. Electronics and Electrical
- 5.3.2. Defense
- 5.3.3. Aerospace
- 5.3.4. Automobile
- 5.3.5. Industrial Machinery
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Computer-aided Engineering (CAE) Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By CAE Tools
- 6.2.1. Computational Fluid Dynamics (CFD) Tool
- 6.2.2. Finite Element Analysis (FEA) Tool
- 6.2.3. Multi-Body Dynamics (MBD) Tool
- 6.3. Market Analysis, Insights and Forecast – By End Use
- 6.3.1. Electronics and Electrical
- 6.3.2. Defense
- 6.3.3. Aerospace
- 6.3.4. Automobile
- 6.3.5. Industrial Machinery
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Computer-aided Engineering (CAE) Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By CAE Tools
- 7.2.1. Computational Fluid Dynamics (CFD) Tool
- 7.2.2. Finite Element Analysis (FEA) Tool
- 7.2.3. Multi-Body Dynamics (MBD) Tool
- 7.3. Market Analysis, Insights and Forecast – By End Use
- 7.3.1. Electronics and Electrical
- 7.3.2. Defense
- 7.3.3. Aerospace
- 7.3.4. Automobile
- 7.3.5. Industrial Machinery
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Computer-aided Engineering (CAE) Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By CAE Tools
- 8.2.1. Computational Fluid Dynamics (CFD) Tool
- 8.2.2. Finite Element Analysis (FEA) Tool
- 8.2.3. Multi-Body Dynamics (MBD) Tool
- 8.3. Market Analysis, Insights and Forecast – By End Use
- 8.3.1. Electronics and Electrical
- 8.3.2. Defense
- 8.3.3. Aerospace
- 8.3.4. Automobile
- 8.3.5. Industrial Machinery
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Computer-aided Engineering (CAE) Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By CAE Tools
- 9.2.1. Computational Fluid Dynamics (CFD) Tool
- 9.2.2. Finite Element Analysis (FEA) Tool
- 9.2.3. Multi-Body Dynamics (MBD) Tool
- 9.3. Market Analysis, Insights and Forecast – By End Use
- 9.3.1. Electronics and Electrical
- 9.3.2. Defense
- 9.3.3. Aerospace
- 9.3.4. Automobile
- 9.3.5. Industrial Machinery
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Dassault Systemes
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Siemens Product Lifecycle Management Software Inc.
- 10.6. CD-adapco
- 10.7. Altair Engineering, Inc.
- 10.8. AspenTechnology, Inc.
- 10.9. Mentor Graphics, Inc.
- 10.10. MSC Software Corporation
- 10.11. Computational Engineering International Inc.
- 10.12. ESI Group
- 10.13. Bentley Systems Incorporated
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
