Computer Aided Engineering Software Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global Computer Aided Engineering (CAE) software market. The report provides a detailed assessment of critical market dynamics, encompassing drivers, trends, opportunities, and challenges, offering deep insights into the market landscape.

Key Insights: Computer Aided Engineering (CAE) Software Market

Market Size (2024E): USD 11,617.90 million
Projected Market Value (2031F): USD 26,662.20 million
Global Market Growth Rate (CAGR 2024 to 2031): 12.60%

Computer Aided Engineering (CAE) Software Market - Report Scope:

Computer Aided Engineering (CAE) software plays a pivotal role in optimizing product design and development processes across various industries, including automotive, aerospace, electronics, and healthcare. These software solutions enable engineers and designers to simulate and analyze product performance, structural integrity, and manufacturing processes, thereby enhancing efficiency and reducing time-to-market.

Market Growth Drivers:

The global CAE software market is driven by several key factors, including increasing adoption of virtual prototyping and simulation tools in product design, rising demand for innovative and cost-effective manufacturing solutions, and advancements in simulation technology that improve accuracy and reliability. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) algorithms into CAE software enhances predictive capabilities and supports complex engineering simulations.

Market Restraints:

Despite promising growth prospects, the CAE software market faces challenges related to high initial setup costs, complexity in integrating with existing IT infrastructure, and the need for skilled professionals proficient in simulation and analysis techniques. Moreover, concerns regarding data security and intellectual property protection pose additional barriers to market expansion.

Market Opportunities:

The CAE software market presents significant growth opportunities driven by technological advancements, such as cloud-based simulation platforms and virtual reality (VR)-enabled engineering tools. The expansion of Industry 4.0 initiatives and the growing trend towards digital twins in manufacturing processes further augment market prospects. Strategic partnerships, investments in research and development (R&D), and the development of user-friendly, scalable CAE solutions are crucial to capitalize on emerging opportunities and sustain market leadership.

Key Questions Answered in the Report:

What factors are propelling the growth of the global CAE software market?
Which industries and applications are driving the adoption of CAE software solutions?
How are technological innovations reshaping the competitive landscape of the CAE software market?
Who are the key players in the CAE software market, and what strategies are they employing to maintain market competitiveness?
What are the emerging trends and future prospects in the global CAE software market?

Competitive Intelligence and Business Strategy:

Leading players in the global CAE software market, including ANSYS Inc., Siemens PLM Software, Dassault Systemes, and Autodesk Inc., focus on innovation, R&D investments, and strategic alliances to gain a competitive edge. These companies prioritize the development of integrated simulation platforms, AI-driven engineering tools, and industry-specific solutions to address diverse customer needs and market demands.

Key Companies Profiled:

ANSYS
Altair Engineering
Autodesk
Bentley Systems, Inc
Dassault Systems
ESI Group
Exa Corporation
Mentor Graphics Corporation
MSC Software Corporation

Computer Aided Engineering (CAE) Software Market Research Segmentation

By Software:

Software
Services

By Deployment:

On-Premises
Cloud-Based

By End-use Industry:

Automotive
Defense & Aerospace
Electronics
Medical Devices
Industrial Equipment

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33627

1. Executive Summary

1.1. Global Computer Aided Engineering (CAE) Software Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Software Lifecycle Analysis
2.4. Computer Aided Engineering (CAE) Software Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Computer Aided Engineering (CAE) Software Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024-2031
3.3. Global Computer Aided Engineering (CAE) Software Market Outlook: Software
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Software, 2019-2023
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Software, 2024-2031
  - 3.3.3.1. Software
    - 3.3.3.1.1. Finite Element Analysis (FEA)
    - 3.3.3.1.2. Computational Fluid Dynamics (CFD)
    - 3.3.3.1.3. Multibody dynamics
    - 3.3.3.1.4. Optimization & simulation
  - 3.3.3.2. Services
    - 3.3.3.2.1. Development Service
    - 3.3.3.2.2. Training, Support & Maintenance
3.4. Market Attractiveness Analysis: Software
3.5. Global Computer Aided Engineering (CAE) Software Market Outlook: Deployment
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Deployment, 2019-2023
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Deployment, 2024-2031
  - 3.5.3.1. On-Premise
  - 3.5.3.2. Cloud-Based
3.6. Market Attractiveness Analysis: Deployment
3.7. Global Computer Aided Engineering (CAE) Software Market Outlook: End-use Industry
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End-use Industry, 2019-2023
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2024-2031
  - 3.7.3.1. Automotive
  - 3.7.3.2. Defense & aerospace
  - 3.7.3.3. Electronics
  - 3.7.3.4. Medical devices
  - 3.7.3.5. Industrial equipment
  - 3.7.3.6. Others
3.8. Market Attractiveness Analysis: End-use Industry

4. Global Computer Aided Engineering (CAE) Software Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2019-2023
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2024-2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Computer Aided Engineering (CAE) Software Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 5.3.1. By Country
- 5.3.2. By Software
- 5.3.3. By Deployment
- 5.3.4. By End-use Industry
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024-2031
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Software, 2024-2031
- 5.5.1. Software
  - 5.5.1.1. Finite Element Analysis (FEA)
  - 5.5.1.2. Computational Fluid Dynamics (CFD)
  - 5.5.1.3. Multibody dynamics
  - 5.5.1.4. Optimization & simulation
- 5.5.2. Services
  - 5.5.2.1. Development Service
  - 5.5.2.2. Training, Support & Maintenance
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Deployment, 2024-2031
- 5.6.1. On-Premise
- 5.6.2. Cloud-Based
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 5.7.1. Automotive
- 5.7.2. Defense & aerospace
- 5.7.3. Electronics
- 5.7.4. Medical devices
- 5.7.5. Industrial equipment
- 5.7.6. Others
5.8. Market Attractiveness Analysis

6. Europe Computer Aided Engineering (CAE) Software Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 6.3.1. By Country
- 6.3.2. By Software
- 6.3.3. By Deployment
- 6.3.4. By End-use Industry
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024-2031
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Software, 2024-2031
- 6.5.1. Software
  - 6.5.1.1. Finite Element Analysis (FEA)
  - 6.5.1.2. Computational Fluid Dynamics (CFD)
  - 6.5.1.3. Multibody dynamics
  - 6.5.1.4. Optimization & simulation
- 6.5.2. Services
  - 6.5.2.1. Development Service
- 6.5.3. Training, Support & Maintenance
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Deployment, 2024-2031
- 6.6.1. On-Premise
- 6.6.2. Cloud-Based
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 6.7.1. Automotive
- 6.7.2. Defense & aerospace
- 6.7.3. Electronics
- 6.7.4. Medical devices
- 6.7.5. Industrial equipment
- 6.7.6. Others
6.8. Market Attractiveness Analysis

7. East Asia Computer Aided Engineering (CAE) Software Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Software
- 7.3.3. By Deployment
- 7.3.4. By End-use Industry
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024-2031
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Software, 2024-2031
- 7.5.1. Software
  - 7.5.1.1. Finite Element Analysis (FEA)
  - 7.5.1.2. Computational Fluid Dynamics (CFD)
  - 7.5.1.3. Multibody dynamics
  - 7.5.1.4. Optimization & simulation
- 7.5.2. Services
  - 7.5.2.1. Development Service
  - 7.5.2.2. Training, Support & Maintenance
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Deployment, 2024-2031
- 7.6.1. On-Premise
- 7.6.2. Cloud-Based
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 7.7.1. Automotive
- 7.7.2. Defense & aerospace
- 7.7.3. Electronics
- 7.7.4. Medical devices
- 7.7.5. Industrial equipment
- 7.7.6. Others
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Computer Aided Engineering (CAE) Software Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Software
- 8.3.3. By Deployment
- 8.3.4. By End-use Industry
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024-2031
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Software, 2024-2031
- 8.5.1. Software
  - 8.5.1.1. Finite Element Analysis (FEA)
  - 8.5.1.2. Computational Fluid Dynamics (CFD)
  - 8.5.1.3. Multibody dynamics
  - 8.5.1.4. Optimization & simulation
- 8.5.2. Services
  - 8.5.2.1. Development Service
- 8.5.3. Training, Support & Maintenance
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Deployment, 2024-2031
- 8.6.1. On-Premise
- 8.6.2. Cloud-Based
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 8.7.1. Automotive
- 8.7.2. Defense & aerospace
- 8.7.3. Electronics
- 8.7.4. Medical devices
- 8.7.5. Industrial equipment
- 8.7.6. Others
8.8. Market Attractiveness Analysis

9. Latin America Computer Aided Engineering (CAE) Software Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Software
- 9.3.3. By Deployment
- 9.3.4. By End-use Industry
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024-2031
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Software, 2024-2031
- 9.5.1. Software
  - 9.5.1.1. Finite Element Analysis (FEA)
  - 9.5.1.2. Computational Fluid Dynamics (CFD)
  - 9.5.1.3. Multibody dynamics
  - 9.5.1.4. Optimization & simulation
- 9.5.2. Services
  - 9.5.2.1. Development Service
  - 9.5.2.2. Training, Support & Maintenance
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Deployment, 2024-2031
- 9.6.1. On-Premise
- 9.6.2. Cloud-Based
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 9.7.1. Automotive
- 9.7.2. Defense & aerospace
- 9.7.3. Electronics
- 9.7.4. Medical devices
- 9.7.5. Industrial equipment
- 9.7.6. Others
9.8. Market Attractiveness Analysis

10. Middle East & Africa Computer Aided Engineering (CAE) Software Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Software
- 10.3.3. By Deployment
- 10.3.4. By End-use Industry
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024-2031
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Software, 2024-2031
- 10.5.1. Software
  - 10.5.1.1. Finite Element Analysis (FEA)
  - 10.5.1.2. Computational Fluid Dynamics (CFD)
  - 10.5.1.3. Multibody dynamics
  - 10.5.1.4. Optimization & simulation
- 10.5.2. Services
  - 10.5.2.1. Development Service
  - 10.5.2.2. Training, Support & Maintenance
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Deployment, 2024-2031
- 10.6.1. On-Premise
- 10.6.2. Cloud-Based
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 10.7.1. Automotive
- 10.7.2. Defense & aerospace
- 10.7.3. Electronics
- 10.7.4. Medical devices
- 10.7.5. Industrial equipment
- 10.7.6. Others
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2024
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Offshore Computer Aided Engineering (CAE) Software
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. ANSYS
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Altair Engineering
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Autodesk
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Bentley Systems, Inc
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Dassault Systemes
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. ESI Group
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Exa Corporation
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Mentor Graphics Corporation
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. MSC Software Corporation.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations