The global computer aided engineering market has reached a size of US$ 9.9 billion in 2023 and is forecasted to exhibit expansion at a high-value 8.6% CAGR over the next ten years. Worldwide demand for computer aided engineering is forecasted to reach a market value of US$ 22.7 billion by 2033-end.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Computer Aided Engineering market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Computer Aided Engineering market.
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Key findings of the Computer Aided Engineering market study:
- Regional breakdown of the Computer Aided Engineering market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Computer Aided Engineering vendors in detail.
- Region-wise and country-wise fragmentation of the Computer Aided Engineering market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Computer Aided Engineering market.
Key Companies Profiled
- ANSYS Inc.
- Exa Corporation
- 3D Systems Corp.
- ESI Group
- Siemens AG
- Dassault Systems
- Autodesk Inc.
- Altair Engineering
- Aveva Group
- Hexagon AB
- Bentley Systems Inc.
Competitive Landscape
Prime computer aided engineering providers are launching new product suites to provide the latest analytical tools and features for designers and developers.
- In February 2023, Amazon Web Services, a subsidiary of Amazon for cloud computing solutions, debuted its new suite for finite element analysis for cloud use. Palace which is the short form for PArallel, Large-scale Computational Electromagnetics, a parallel finite element code for full-wave electromagnetics simulations.
- In October 2022, Ansys, a leading simulation and analysis software provider, announced the launch of Ansys Gateway, which is a cloud-based platform powered by AWS solutions that allow users to easily access and deploy Ansys simulations.
Top computer aided engineering providers are also collaborating and partnering to advance their business scope and hasten the development of novel solutions and software products.
- In June 2022, Ansys announced that it had partnered with SoftInWay, a design and analysis software company to streamline turbomachinery design workflows. This included multi-module, single-stage, and multi-stage turbomachinery designs.
Key Segments of Computer Aided Engineering Industry Research
- By Type :
- Finite Element Analysis (FEA)
- Computational Fluid Dynamics (CFD)
- Multibody Dynamics
- Optimization & Simulation
- By Deployment :
- On-premise
- Cloud-based
- By End Use :
- Automotive
- Defense & Aerospace
- Electronics
- Medical Devices
- Industrial Equipment
- Others
- By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
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Queries addressed in the Computer Aided Engineering market report:
- Why are the Computer Aided Engineering market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Computer Aided Engineering market?
- Which regions are displaying the fastest growth in the Computer Aided Engineering market?
- What are the underlying micro- macroeconomic factors affecting the global Computer Aided Engineering market?
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