Technavio has been monitoring the computer aided engineering (CAE) market and it is poised to grow by $ 3.57 bn during 2021-2025, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the computer aided engineering (CAE) market.
Frequently Asked Questions:
What are the major trends in the market? Increasing requirements for large-scale project management is a major trend driving the growth of the market.
At what rate is the market projected to grow? The market will accelerate at a CAGR of over 9% and the incremental growth of the market is anticipated to be $ 3.57 bn.
Who are the top players in the market? Altair Engineering Inc., ANSYS Inc., Dassault Systemes SE, ESI Group, Hexagon AB, NUMECA International, PTC Therapeutics Inc., Siemens AG, Simerics Inc., and Symscape, are some of the major market participants.
What is the key market driver? The growth of the smartphone industry is one of the major factors driving the market.
How big is the APAC market? The APAC region will contribute to 39% of the market share.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altair Engineering Inc., ANSYS Inc., Dassault Systemes SE, ESI Group, Hexagon AB, NUMECA International, PTC Therapeutics Inc., Siemens AG, Simerics Inc., and Symscape are some of the major market participants. The growth of the smartphone industry and reduction in product design time and cost will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this computer aided engineering (CAE) market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
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Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The computer aided engineering (CAE) market report covers the following areas:
Computer Aided Engineering (CAE) Market Size
Computer Aided Engineering (CAE) Market Trends
Computer Aided Engineering (CAE) Market Industry Analysis
This study identifies the increasing requirements for large-scale project management as one of the prime reasons driving the computer aided engineering (CAE) market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Download Free sample report in MINUTES
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist computer aided engineering (CAE) market growth during the next five years
Estimation of the computer aided engineering (CAE) market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the computer aided engineering (CAE) market across Europe, North America, APAC, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of computer aided engineering (CAE) market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
FEA - Market size and forecast 2020-2025
CFD - Market size and forecast 2020-2025
Market opportunity by Product
Market Segmentation by End-user
Comparison by End user
Automotive - Market size and forecast 2020-2025
Aerospace and defense - Market size and forecast 2020-2025
Electrical and electronics - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by End user
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Altair Engineering Inc.
Dassault Systemes SE
PTC Therapeutics Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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