Computer Aided Engineering (CAE) Software market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: MATLAB, NI Multisim, Mathematica, GNU Octave, HyperWorks, SimScale, Scilab, NetLogo, AnyLogic

The global Computer Aided Engineering (CAE) Software market will register an 8.40% cagr in terms of revenue, the global market size will reach us$ 114.6 million by 2027.

Computer Aided Engineering (CAE) Software Market Overview

The use of sophisticated and interactive computer software to address engineering problems is known as computer-aided engineering (CAE). Computational fluid dynamics (CFD), finite element analysis (FEA), and multibody dynamics are some of the tools used in CAE (MBD). Engineering activities are made easier with the help of CAE software.

Integrated software solutions remove the need for many prototypes and product recall worries, propelling the computer aided engineering (CAE) market to unprecedented heights throughout the forecast period. As a result, prototyping and product recall strategy costs are significantly lowered. Furthermore, the market is expected to rise as more CFD software is used to analyse temperature in battery modules and extend battery life and performance.

The market is shifting away from on-premise computing and toward cloud-based computing all over the world. The expenditures of hardware purchasing, software licencing, installation, and support are all reduced with cloud computing. This is projected to increase the use of CAE software even more. In addition, businesses are using the Hyper-Converged Infrastructure (HCI) platform to create a private cloud with superior compute and storage capabilities. As a result, organisations are avoiding investing in commercial licencing for CAE solutions, which is projected to stifle the CAE market's growth. During the forecast period, the CAE market is projected to benefit from an increase in the adoption of computational fluid dynamics, which aids in the cost reduction of electric vehicles and the prediction of temperature conditions.

Who are the major players in Computer-Aided Engineering (CAE) Software market?

Top key players in the Computer Aided Engineering (CAE) Software market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Computer Aided Engineering (CAE) Software market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include MATLAB, NI Multisim, Mathematica, GNU Octave, HyperWorks, SimScale, Scilab, NetLogo, AnyLogic, Enterprise Architect, NEi Nastran, COMSOL, Fusion 360, OpenFOAM and other.

Industry news;

COMSOL Announces Event Series Introducing Version 6.0 of COMSOL Multiphysics®

(January 19, 2022) — COMSOL, the maker of the COMSOL Multiphysics® simulation software, has opened registration for COMSOL Day: Version 6.0, a series of online events held around the world for the computer-aided engineering (CAE) market. Starting on January 27, there will be four events to introduce COMSOL Multiphysics version 6.0 to a global, Multiphysics simulation community of innovators and managers in research and product development. These events showcase how new simulation and collaboration tools introduced with COMSOL® version 6.0 will advance simulation-driven product development. Speakers from COMSOL will present major news and offer a closer look at new functionality in version 6.0, such as the Model Manager, a new simulation data management workspace in COMSOL Multiphysics.

What are the major applications, types and regions for Computer Aided Engineering (CAE) Software Market?

Market is segmented based on the type, applications, companies and regions.

By type, Computer Aided Engineering (CAE) Software market has been segmented into 

• Cloud Based


• Web Based

The end user’s industry application on Computer Aided Engineering (CAE) Software market is, 

• Large Enterprises


• SMEs

Computer Aided Engineering (CAE) Software Market Regional Analysis

Europe dominated the CAE market in 2021, with a market share of 32.67 percent, and this dominance is likely to continue throughout the forecast period. Because of the presence of bio-diverse cultures and rising automation in the manufacturing sector, developed economies such as North America and Europe are likely to see tremendous growth. The European regional market is expected to be boosted by increased concerns about greenhouse gas emissions and improving battery technologies. In addition, the increased adoption of IoT and rising military costs are two factors driving the regional market share in Europe.

North america

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  • Us
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • Uk
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of europe
  
  
  
  


• Asia-pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South korea
  
  
  • Rest of asia-pacific
  
  
  
  


• Rest of the world
  
  
  
  • Middle east & africa
  
  
  • Latin america
  
  
  
  

The Computer Aided Engineering (CAE) Software market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Computer Aided Engineering (CAE) Software market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Computer-Aided Engineering (CAE) Software Market report scope?

Key takeaways from this evaluate Computer Aided Engineering (CAE) Software report

• Evaluate Computer Aided Engineering (CAE) Software market potential through analyzing growth rates (cagr %), volume (units) and value ($m) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, swot and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Computer Aided Engineering (CAE) Software market entropy - m&a's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently asked questions

What is the study period of this market?

The Computer Aided Engineering (CAE) Software market is studied from 2017 - 2027.

What is the growth rate of Computer Aided Engineering (CAE) Software market?

The Computer Aided Engineering (CAE) Software market is growing at a cagr of 8.40% over the next 5 years.

Who are the key players in Computer Aided Engineering (CAE) Software market?

MATLAB, NI Multisim, Mathematica, GNU Octave, HyperWorks, SimScale, Scilab, NetLogo, AnyLogic, Enterprise Architect, NEi Nastran, COMSOL, Fusion 360, OpenFOAM

What regions does this Computer Aided Engineering (CAE) Software market report covers?

North america (the united states, canada, and mexico)

europe (germany, france, uk, russia, and italy)

asia-pacific (china, japan, korea, india, and southeast asia)

south america (brazil, argentina, colombia, etc.)

The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)

What are the significant types of Computer Aided Engineering (CAE) Software market?

Cloud Based, Web Based

What are the major end-use applications of the Computer Aided Engineering (CAE) Software market?

Large Enterprises, SMEs

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