Global Computer aided Engineering Software
Market Report
2025
The Computer-aided engineering software market was valued at USD 7.65 billion in 2022 and will reach USD 18.94 billion by 2030, registering a CAGR of 12% for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The Computer-aided engineering software market was valued at USD 7.65 billion in 2022 and will reach USD 18.94 billion by 2030, registering a CAGR of 12% for the forecast period 2023-2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Computer aided Engineering Software Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 12% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by End Use Industry |
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Market Split by Deployment Type |
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Market Split by Organization Size |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Computer aided Engineering Software Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The practice of using computer software to mimic performance in order to enhance product designs or help engineers solve engineering difficulties for a variety of sectors is known as computer-aided engineering (CAE). This covers the modeling, verification, and improvement of goods, methods, and industrial equipment. The automotive sector makes extensive use of CAE tools. By utilizing them, manufacturers have been able to cut costs and time associated with product development while increasing the safety, comfort, and longevity of the vehicles they produce. A large portion of design verification is now performed using computer simulations (diagnosis) rather than physical prototype testing because of advancements in the power of CAE tools. All correct assumptions serve as inputs for CAE dependability, which also calls for the identification of crucial inputs (BJ). Physical testing is still necessary despite the fact that CAE has made significant advancements and is frequently employed in the engineering industry. It is used for final prototype sign-off, defining load and boundary conditions, and model updating.
The increased use of digital technologies in product design, including the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), automation, cloud, and others, helps to improve the quality and longevity of the finished goods. Users are also adopting computer-aided engineering solutions, which are predicted to boost market expansion, in order to reduce the time and cost associated with product development. The CAE trend is anticipated to be influenced by expanding engineering techniques like building information modeling (BIM), 3D printing, and concurrent engineering. Users can print any product as a three-dimensional picture using additive manufacturing techniques known as 3D printing. The use of this technology lowers the cost of production and supports the creation of innovative production techniques.
CAE software is simple to access online. However, CAE solution providers have significant support, customization, and maintenance costs, which are likely to encourage more people to use open-source platforms while slowing the market's expansion. Additionally, it is anticipated that a shortage of technical expertise regarding the adoption of CAE software will impede market expansion. Users' perceptions make it difficult to push the creation of more composite elements since they think exact results only show later in the product design cycle. Therefore, the high cost of the software hinders the growth of the computer-aided engineering software market.
The COVID-19 outbreak interrupted daily life and forced individuals and organizations to reevaluate their plans and objectives. It has been demonstrated that these advancements fuel technical development and innovation. Complete and integrated computer-aided engineering solutions were developed, promoted, sold, and supported by businesses using time and money. Although sales have been consistent, the COVID-19 pandemic caused a modest reduction in the rate of sales growth in 2020. In the early stages of the pandemic, market expansion was hampered by the declining demand from end-use verticals for CAE software. Vendors experienced a tight deadline for new orders and CAE software purchases as a result of the shutdown of factories and industrial plants. Investing in this software enables businesses to recognize problems and opportunities as they appear.
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They launched newly upgraded, advanced computer-aided engineering capabilities designed to help customers more precisely, predict the behavior of fiber-reinforced polymer materials in structural metal replacement applications in order to reduce design iterations and drive the speed of the market.
Top Companies Market Share in Computer aided Engineering Software Industry: (In no particular order of Rank)
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Europe had the largest market share. Key market companies' presence in many European nations is also anticipated to stimulate the market. Similar to North America, Europe's leading industry is the automobile sector, which will likely increase demand for computer-aided engineering. A growing number of connected car suppliers and virtual vehicle developers are making considerable investments in solid engineering technologies to reduce production costs.
A significant market share is anticipated to be attained by the Asia Pacific region during the forecast period as a result of rising government spending on the growth of the manufacturing sector and expanding renewable energy production capabilities. Considering the rise in demand for electronics and devices globally, the region has also seen a recovery in the sales and manufacturing sectors.
The current report Scope analyzes Computer aided Engineering Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Computer aided Engineering Software Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Computer aided Engineering Software Industry growth. Computer aided Engineering Software market has been segmented with the help of its Type, End Use Industry Deployment Type, and others. Computer aided Engineering Software market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Due to greater accuracy, accessibility, and the prevention of subsequent failures, it is anticipated to expand the scope of its application in critical structure engineering. Its ability to forecast product performance is also becoming more and more popular across a range of industries. Over the foreseeable period, multi-body dynamics are expected to experience a significant growth rate. The market share for computer-aided engineering is anticipated to increase due to the cheap cost of investment in comparing the virtual prototype to the real test.
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Computer-aided engineering software, also makes new product launches less difficult and makes it simple to generate, manage, and modify enormous and diversified product catalogs. Through integrations, users can benefit from unmatched scalability because the product information is swiftly copied across platforms and channels. Sales and marketing professionals may create product descriptions fast and accurately using CAE tools, pick the finest photographs, and add more information. Since different platforms and channels demand different kinds and volumes of information that significantly boosts the effectiveness of sales and marketing efforts.
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It is a system that can store data effectively without active user management. There is no need to download and install software or hardware when using cloud infrastructure. The user finds it simple and convenient to work with the cloud-based because all they require are their login credentials. Digital product information management, enables quicker launch times, reduced costs, and more scalability. The cloud-based software also helped with the direction of a sizable provider network and made an effort to control the volume of dynamic product content.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Computer aided Engineering Software Market is witnessing significant growth in the near future.
In 2023, the Finite Element Analysis (FEA) segment accounted for noticeable share of global Computer aided Engineering Software Market and is projected to experience significant growth in the near future.
The Automotive segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Autodesk Inc , Dassault Systemes SA and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Thermal Analysis, Multibody Dynamics, Others |
End Use Industry | Automotive, Medical Devices, Industrial Equipment, Defense & Aerospace, Electronics, Others |
Deployment Type | Cloud, On-premise |
Organization Size | Large Enterprises, SMEs |
List of Competitors | Autodesk Inc, Beck Technology Ltd., Dassault Systemes SA, Synchro Software Ltd., Tekla Corporation, Bentley Systems Inc., Pentagon Solutions Ltd, AECOM, GRAITEC, Nemetschek AG |
This chapter will help you gain GLOBAL Market Analysis of Computer aided Engineering Software. Further deep in this chapter, you will be able to review Global Computer aided Engineering Software Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Computer aided Engineering Software. Further deep in this chapter, you will be able to review North America Computer aided Engineering Software Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Computer aided Engineering Software. Further deep in this chapter, you will be able to review Europe Computer aided Engineering Software Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Computer aided Engineering Software. Further deep in this chapter, you will be able to review Asia Pacific Computer aided Engineering Software Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Computer aided Engineering Software. Further deep in this chapter, you will be able to review South America Computer aided Engineering Software Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Computer aided Engineering Software. Further deep in this chapter, you will be able to review Middle East Computer aided Engineering Software Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Computer aided Engineering Software. Further deep in this chapter, you will be able to review Middle East Computer aided Engineering Software Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Computer aided Engineering Software. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End Use Industry Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Deployment Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Organization Size Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Computer aided Engineering Software market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Finite Element Analysis (FEA) have a significant impact on Computer aided Engineering Software market? |
What are the key factors affecting the Finite Element Analysis (FEA) and Computational Fluid Dynamics (CFD) of Computer aided Engineering Software Market? |
What is the CAGR/Growth Rate of Automotive during the forecast period? |
By type, which segment accounted for largest share of the global Computer aided Engineering Software Market? |
Which region is expected to dominate the global Computer aided Engineering Software Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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