CAE Market in China

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Apr 14, 2014, 05:59 ET

DUBLIN, April 14, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/mvp2k3/cae_market_in) has announced the addition of the "CAE Market in China" report to their offering.
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The analysts forecast the CAE market in China to grow at a CAGR of 14.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need to reduce the time to market. The CAE market in China has also been witnessing an increasing adoption of integrated CAE software. However, the growing threat from open source CAE software could pose a challenge to the growth of this market.

The report, the CAE Market in China, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the CAE market in China and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Some of the large CAE Software market vendors have recently started providing integrated CAE software with several other PLM tools to improve both the efficiency and the effectiveness of product development cycles. Many customers prefer this integrated software as it reduces the product development cycle time and simultaneously increases its efficiency. For instance, some of the CAE vendors offer tools that can be integrated with a variety of analysis and design software such as CAD.

The integration of CAE and CAD solutions provides an easy way to edit the design at any stage of a project. This integration increases the compatibility between CAD and CAE solutions as it provides a single platform for design. Thus, customers have realized the benefits of having integrated product development cycles, which leads to a demand for integrated CAE software in the market.

According to the report, one of the major drivers in the market is the increased need to reduce the time-to-market. CAE helps improve the time-to-market of a product by reducing the product development cycle time and the testing time. It also improves the speed of the product design process and reduces the product analysis time using simulated models.

Further, the report states that one of the major challenges in the market is the increased threat from open-source CAE software. Many commercial users are adopting several open-source CAE tools rather than investing a large amount of money in commercial licenses.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

1. Executive Summary

2. Scope of the Report

3. Market Research Methodology

4. List of Abbreviations

5. Introduction

6. Market Landscape

7. Market Segmentation by Product

8. Market Segmentation by End-users

9. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges