PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1309264
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1309264
Computer Aided Engineering Market Introduction and Overview
According to SPER market research, 'Computer Aided Engineering Market Size- By Type, By Deployment Model, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Computer Aided Engineering (CAE) Software Market is predicted to reach USD 23.07 billion by 2033 with a CAGR of 9.61%.
The use of computer software and tools to design, study, and optimise engineering systems and products is characterised as the computer-aided engineering (CAE) market. It encompasses a wide range of disciplines, such as structural analysis, computational fluid dynamics (CFD), finite element analysis (FEA), and electromagnetic modelling. Engineers can use CAE tools to model and visualise complex designs, predict how they will perform under different conditions, and make informed decisions before producing actual prototypes, thereby reducing costs and development time.
The COVID-19 epidemic has had both beneficial and negative effects on the computer-aided engineering (CAE) business. On the one hand, the epidemic has accelerated the adoption of remote work and virtual collaboration, driving up demand for CAE solutions that enable engineers to work and collaborate remotely. As physical access to engineering facilities and testing laboratories became more limited, digital simulation and analytical skills became increasingly important.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Type, By Deployment Model, By End User
Regions covered Asia Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Altair Engineering, Ansys Inc., Autodesk Inc., Bentley System Inc., Dassault System, ESI Group, EXA Corporation, Mentor Graphics Corporation, MSC Software corporation
Computer Aided Engineering Market Segmentation:
By Type: Based on the Type, Global Computer Aided Engineering Market is segmented as; Finite Element Analysis, Computational Fluid Dynamics, Multi Body Dynamics, Optimization & Simulation.
By Deployment Model: Based on the Deployment Model, Global Computer Aided Engineering Market is segmented as; On-Premise, Cloud.
By End User: Based on the End User, Global Computer Aided Engineering Market is segmented as; Automotive, Electronics, Defense, Healthcare, Industrial Equipment, Others.
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.