Computer aided engineering (CAE) market to grow by 7.87% Y-O-Y in 2023; Driven by the growth of the smartphone industry - Technavio

NEW YORK, Feb. 8, 2023 /PRNewswire/ -- Computer aided engineering (CAE) market insights -

• Vendors: 15+, Including Altair Engineering Inc., ANSYS Inc., Autodesk Inc., Bentley Systems Inc., BETA CAE Systems, Cadence Design Systems Inc., Ceetron AS, COMSOL AB, Dassault Systemes SE, ESI Group SA, Fidesys LLC, Flow Sciences Inc., Hexagon AB, Parametric Designs and Solutions, PTC Inc., Seiko Epson Corp., Siemens AG, Simerics Inc., SimScale GmbH, Symscape, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Type (FEA and CFD), End-user (Automotive, Aerospace and defense, Electrical and electronics, and Others), and Geography (Europe, North America, APAC, South America, and Middle East and Africa)

To understand more about the computer aided engineering (CAE) market, request a sample report

In 2017, the computer aided engineering (CAE) market was valued at USD 5,285.40 million. From a regional perspective, APAC held the largest market share, valued at USD 1,065.69 million. The computer aided engineering (CAE) market size is estimated to grow by USD 4137.6 million from 2022 to 2027 at a CAGR of 9.04% according to Technavio.

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Computer aided engineering (CAE) market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Computer aided engineering (CAE) market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including –

• Altair Engineering Inc. - The company offers CAE named Altair Hyperworks with model structures, mechanisms, fluids, electromagnetics, electrical, embedded software, systems design, and manufacturing processes.
• ANSYS Inc. - The company offers CAE Ansys Discovery with bolted structures, flow control devices, and electronic cooling.
• Bentley Systems Inc. - The company offers CAE for 3D models of structural steel and 3D printing industries.
• Cadence Design Systems Inc. - The company offers CAE solutions for various automotives under its brand named Numflo.

Computer aided engineering (CAE) market – Market Dynamics

Major Drivers – 

• Growth of the smartphone industry
• Increasing requirements for large-scale project management
• Reduction in product design time and cost

KEY Challenges – 

• Lack of awareness among end-users about developments in CFD
• High cost of CAE software
• Rapid technology changes

Drivers and challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The computer aided engineering (CAE) market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

What are the key data covered in this computer aided engineering (CAE) market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the computer aided engineering (CAE) market between 2023 and 2027
• Precise estimation of the size of the computer aided engineering (CAE) market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the computer aided engineering (CAE) market industry across Europe, North America, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of computer aided engineering (CAE) market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global computer aided engineering (CAE) market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global computer aided engineering (CAE) market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 FEA - Market size and forecast 2022-2027
• Exhibit 34: Chart on FEA - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on FEA - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on FEA - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on FEA - Year-over-year growth 2022-2027 (%)

• 6.4 CFD - Market size and forecast 2022-2027
• Exhibit 38: Chart on CFD - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on CFD - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on CFD - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on CFD - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 45: Chart on Comparison by End-user
• Exhibit 46: Data Table on Comparison by End-user

• 7.3 Automotive - Market size and forecast 2022-2027
• Exhibit 47: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 7.4 Aerospace and defense - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)

• 7.5 Electrical and electronics - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by End-user 
• Exhibit 63: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 France - Market size and forecast 2022-2027
• Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Altair Engineering Inc. 
• Exhibit 116: Altair Engineering Inc. - Overview
• Exhibit 117: Altair Engineering Inc. - Business segments
• Exhibit 118: Altair Engineering Inc. - Key offerings
• Exhibit 119: Altair Engineering Inc. - Segment focus

• 12.4 ANSYS Inc. 
• Exhibit 120: ANSYS Inc. - Overview
• Exhibit 121: ANSYS Inc. - Product / Service
• Exhibit 122: ANSYS Inc. - Key news
• Exhibit 123: ANSYS Inc. - Key offerings

• 12.5 Autodesk Inc. 
• Exhibit 124: Autodesk Inc. - Overview
• Exhibit 125: Autodesk Inc. - Product / Service
• Exhibit 126: Autodesk Inc. - Key news
• Exhibit 127: Autodesk Inc. - Key offerings

• 12.6 Bentley Systems Inc. 
• Exhibit 128: Bentley Systems Inc. - Overview
• Exhibit 129: Bentley Systems Inc. - Product / Service
• Exhibit 130: Bentley Systems Inc. - Key news
• Exhibit 131: Bentley Systems Inc. - Key offerings

• 12.7 Cadence Design Systems Inc. 
• Exhibit 132: Cadence Design Systems Inc. - Overview
• Exhibit 133: Cadence Design Systems Inc. - Business segments
• Exhibit 134: Cadence Design Systems Inc. - Key offerings
• Exhibit 135: Cadence Design Systems Inc. - Segment focus

• 12.8 Ceetron AS 
• Exhibit 136: Ceetron AS - Overview
• Exhibit 137: Ceetron AS - Product / Service
• Exhibit 138: Ceetron AS - Key offerings

• 12.9 COMSOL AB 
• Exhibit 139: COMSOL AB - Overview
• Exhibit 140: COMSOL AB - Product / Service
• Exhibit 141: COMSOL AB - Key offerings

• 12.10 Dassault Systemes SE 
• Exhibit 142: Dassault Systemes SE - Overview
• Exhibit 143: Dassault Systemes SE - Product / Service
• Exhibit 144: Dassault Systemes SE - Key news
• Exhibit 145: Dassault Systemes SE - Key offerings

• 12.11 ESI Group SA 
• Exhibit 146: ESI Group SA - Overview
• Exhibit 147: ESI Group SA - Business segments
• Exhibit 148: ESI Group SA - Key news
• Exhibit 149: ESI Group SA - Key offerings
• Exhibit 150: ESI Group SA - Segment focus

• 12.12 Hexagon AB 
• Exhibit 151: Hexagon AB - Overview
• Exhibit 152: Hexagon AB - Business segments
• Exhibit 153: Hexagon AB - Key offerings
• Exhibit 154: Hexagon AB - Segment focus

• 12.13 PTC Inc. 
• Exhibit 155: PTC Inc. - Overview
• Exhibit 156: PTC Inc. - Business segments
• Exhibit 157: PTC Inc. - Key offerings
• Exhibit 158: PTC Inc. - Segment focus

• 12.14 Seiko Epson Corp. 
• Exhibit 159: Seiko Epson Corp. - Overview
• Exhibit 160: Seiko Epson Corp. - Business segments
• Exhibit 161: Seiko Epson Corp. - Key news
• Exhibit 162: Seiko Epson Corp. - Key offerings
• Exhibit 163: Seiko Epson Corp. - Segment focus

• 12.15 Siemens AG 
• Exhibit 164: Siemens AG - Overview
• Exhibit 165: Siemens AG - Business segments
• Exhibit 166: Siemens AG - Key news
• Exhibit 167: Siemens AG - Key offerings
• Exhibit 168: Siemens AG - Segment focus

• 12.16 Simerics Inc. 
• Exhibit 169: Simerics Inc. - Overview
• Exhibit 170: Simerics Inc. - Product / Service
• Exhibit 171: Simerics Inc. - Key offerings

• 12.17 Symscape 
• Exhibit 172: Symscape - Overview
• Exhibit 173: Symscape - Product / Service
• Exhibit 174: Symscape - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 175: Inclusions checklist
• Exhibit 176: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 177: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 178: Research methodology
• Exhibit 179: Validation techniques employed for market sizing
• Exhibit 180: Information sources

• 13.5 List of abbreviations 
• Exhibit 181: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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