Global Computer-Aided Engineering (CAE) Software Market Report By Type (Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Multibody Dynamics, Optimization & Simulation), By Deployment Model (On-premise, Cloud-based), By End-User (Automotive, Defense & Aerospace, Electronics, Medical Devices, Industrial Equipment, Others) and By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214091
January 2021
Report Formats:

Global Computer-Aided Engineering (CAE) Software Market Overview

The key driver impacting the computer-aided engineering software market is the rapidly growing automotive sector, and the growing demand for electric vehicles is boosting the CAE software demand in the forecast period. CAE software is majorly used to analyze the feasibility of heat dissipation techniques such as ventilation, cooling, and aerodynamics in the automotive sector. For instance, As per Crescendo Worldwide Organization, the global automobile production in 2019 was estimated as 92 MN Vehicles, and it is anticipated to grow by a CAGR of 20.78% by 2028, and it is estimated to reach $ 9 trillion by 2030. Electric vehicle makers are majorly utilizing computational fluid dynamics to drop the cost of electric vehicles and to predict thermal conditions. The growing EV sales are likely to create a positive impact on the CAE market. According to IEA, Electric cars account for 2.6% of global car sales, and it registered a 40% year-on-year rise. Sales of electric vehicles recorded 2.1 million worldwide in 2019, surpassing 2018. Moreover, the emergence of advanced technologies such as backside illumination (BSI) for high sensitivity, color noise reduction (CNR) for truer colors, and high dynamic range (HDR) for smooth and crisp video is also estimated to be a major determinant that adding growth to the market.

According to Value Market Research, the global computer-aided engineering software market was valued at around USD  6750 million in 2020 and is estimated to grow at a CAGR of about 10% during the forecast period of 2021 to 2027.

The high prevalence of critical and chronic medical conditions like cardiovascular diseases and cancer creates a massive demand for medical imaging for early diagnosis, which is estimated to augment market demand in the forecast period. As CAE software and solutions are very efficient in diagnosing complex medical conditions. For instance, According to World Health Organization, Cardiovascular diseases (CVDs) are the leading cause of death worldwide, taking an expected 17.9 million lives every year. Cancer is the second-most cause of death after cardiovascular diseases and accounts for 9.6 million deaths worldwide in 2018. There is one in six deaths happened due to cancer. However, it is open-source software, and companies evade making investments in obtaining the commercial licenses of CAE solutions, which may hamper the global computer-aided engineering market in the long run. The current industry trends, such as rising concerns about security and surveillance in public places, and rapid adoption of computational fluid dynamics, which reduce electric vehicles' cost, are expected to provide profitable market opportunities for the market players.

The computer-aided engineering market is vast, with many local and global players. The key leaders follow several strategies to develop their market position, such as mergers, contracts, acquisitions, expansions, extending product portfolio, product innovations to improve their market share globally.  The known players included in the report are Siemens Product Lifecycle Management Software Inc., Dassault Systemes, Altair Engineering, Inc., CD-adapco,  Mentor Graphics, Inc., AspenTechnology, Inc., MSC Software Corporation, ESI Group, Computational Engineering International Inc.,  Exa Corporation, and Bentley Systems Incorporated.



In this research report, the computer-aided engineering software market is segmented by deployment model, type, end-user, and region.

Analysis by Deployment Model:
By deployment model, the report is categorized into On-premise and Cloud-based. The cloud-based model  dominates the deployment model segment with over 55% share in 2020. It is due to the numerous benefits associated with cloud computing, such as vast space for data storage, easy access to data, and high security. Moreover, the cloud-based CAE, presented as a Software-as-a-Service (SaaS), provides application-specific solutions to CAE users, thus contribute to the cloud-based CAE growth in the forecast period.

Analysis by Type
By type, the report is categorized into Computational Fluid Dynamics (CFD), Finite Element Analysis (FEA), multibody dynamics, and optimization and simulation. The Finite Element Analysis (FEA) dominate the deployment segment with over 35% share in 2020. It is widely used in many engineering and research fields to do capable and precise modeling of the behavior of thermal, mechanical, or other complex systems. Moreover, growing applications such as energy absorption tests of a vehicle rollover protection structure and analyzing problems concerning heat transfer, electromagnetic potential, structural analysis, and mass transport contribute to the enormous market demand in the forecast period.

Analysis by End-User:
By end-user, the report is categorized in automotive, defense and aerospace, medical devices, electronics, industrial equipment, and others. The automotive dominate the end-user segment with over 30% share in 2020. It is growing usage of CAE software in analyzing the practicability of heat dissipation techniques such as cooling, aerodynamics, and ventilation. Moreover, the rapidly rising demand for vehicles worldwide contributes to the vast market demand from the automotive sector in the forecast period.

Analysis by Region:
In the regional outlook of the global computer-aided engineering software market, the Europe region dominates with a 30% market share during the forecast period. It is due to the increasing automation in the manufacturing sector across developing economies, high spending on defense, and rapid penetration of IoT in numerous industries in the region. Moreover, the rising concerns regarding greenhouse gas emissions and evolving battery technologies contribute to the development of the computer-aided engineering market across Europe.

Market Segmentation covered in the Report:
By Type
  • Finite Element Analysis (FEA)
  • Computational Fluid Dynamics (CFD)
  • Multibody Dynamics
  • Optimization & Simulation

By Deployment Model
  • On-premise
  • Cloud-based
By End-User
  • Automotive
  • Defense & Aerospace
  • Electronics
  • Medical Devices
  • Industrial Equipment
  • Others
By Region
  • North America
  • Europe
  • the Asia Pacific
  • Latin America
  • The Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . COMPUTER-AIDED ENGINEERING (CAE) SOFTWARE – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By Deployment Model
           3.7.3 By End-User
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL COMPUTER-AIDED ENGINEERING (CAE) SOFTWARE MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 Finite Element Analysis (FEA) Market by Regions
       6.5 Computational Fluid Dynamics (CFD) Market by Regions
       6.6 Multibody Dynamics Market by Regions
       6.7 Optimization & Simulation Market by Regions
 
7 . GLOBAL COMPUTER-AIDED ENGINEERING (CAE) SOFTWARE MARKET ANALYSIS BY DEPLOYMENT MODEL 
       7.1 Overview by Deployment Model
       7.2 Historical and Forecast Data
       7.3 Analysis by Deployment Model
       7.4 On-premise Market by Regions
       7.5 Cloud-based Market by Regions
 
8 . GLOBAL COMPUTER-AIDED ENGINEERING (CAE) SOFTWARE MARKET ANALYSIS BY END-USER
       8.1 Overview by End-User
       8.2 Historical and Forecast Data
       8.3 Analysis by End-User
       8.4 Automotive Market by Regions
       8.5 Defense & Aerospace Market by Regions
       8.6 Electronics Market by Regions
       8.7 Medical Devices Market by Regions
       8.8 Industrial Equipment Market by Regions
       8.9 Others Market by Regions
 
9 . GLOBAL COMPUTER-AIDED ENGINEERING (CAE) SOFTWARE MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE COMPUTER-AIDED ENGINEERING (CAE) SOFTWARE COMPANIES
       10.1. Computer-Aided Engineering(CAE) Software Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF COMPUTER-AIDED ENGINEERING (CAE) SOFTWARE INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Siemens Product Lifecycle Management Software Inc.
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Dassault Systemes
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Altair Engineering, Inc.
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. CD-adapco
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Mentor Graphics, Inc.
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. AspenTechnology, Inc.
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. MSC Software Corporation
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. ESI Group
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Computational Engineering International Inc.
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Exa Corporation
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. Bentley Systems Incorporated
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Type (USD MN)
  •  Finite Element Analysis (FEA) Market by Geography (USD MN)
  •  Computational Fluid Dynamics (CFD) Market by Geography (USD MN)
  •  Multibody Dynamics Market by Geography (USD MN)
  •  Optimization & Simulation Market by Geography (USD MN)
  •  Analysis Market by Deployment Model  (USD MN)
  •  On-premise Market by Geography (USD MN)
  •  Cloud-based Market by Geography (USD MN)
  •  Analysis by End-User (USD MN)
  •  Automotive Market by Geography (USD MN)
  •  Defense & Aerospace Market by Geography (USD MN)
  •  Electronics Market by Geography (USD MN)
  •  Medical Devices Market by Geography (USD MN)
  •  Industrial Equipment Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Computer-Aided Engineering(CAE) Software Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Computer-Aided Engineering (CAE) Software Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Computer-Aided Engineering (CAE) Software Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Type
  •  Market Attractiveness Analysis by Deployment Model
  •  Market Attractiveness Analysis by End-User
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Type (USD MN)
  •  Finite Element Analysis (FEA) Market by Geography (USD MN)
  •  Computational Fluid Dynamics (CFD) Market by Geography (USD MN)
  •  Multibody Dynamics Market by Geography (USD MN)
  •  Optimization & Simulation Market by Geography (USD MN)
  •  Global Market Analysis by Deployment Model  (USD MN)
  •  On-premise Market by Geography (USD MN)
  •  Cloud-based Market by Geography (USD MN)
  •  Global Market Analysis by End-User (USD MN)
  •  Automotive Market by Geography (USD MN)
  •  Defense & Aerospace Market by Geography (USD MN)
  •  Electronics Market by Geography (USD MN)
  •  Medical Devices Market by Geography (USD MN)
  •  Industrial Equipment Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

Client First Policy
Excellent Quality
Robust After Sales Support
24/7 Email Support

Clients

Testimonials