Computer Aided Engineering Trends and Forecast
The future of the global computer aided engineering market looks promising with opportunities in the automotive, defense & aerospace, electronics, medical device, and industrial equipment markets. The global computer aided engineering market is expected to reach an estimated $19.53 billion by 2030 with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are growing use of developing economies for manufacturing process outsourcing, expanding the usage of CFD software to analyze battery module temperature and improve battery performance & life, as well as, greater emphasis on cutting expenses and the requirement for actual prototypes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Computer Aided Engineering by Segment
The study includes a forecast for the global computer aided engineering by component, deployment, end use, and region.
Computer Aided Engineering Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Software
• Services
Computer Aided Engineering Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
• On-Premise
• Cloud-Based
Computer Aided Engineering Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Defense & Aerospace
• Electronics
• Medical Devices
• Industrial Equipment
• Others
Computer Aided Engineering Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Computer Aided Engineering Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies computer aided engineering companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the computer aided engineering companies profiled in this report include-
• ANSYS
• Altair Engineering
• Autodesk
• Bentley Systems
• Dassault Systemes
• ESI Group
• Exa
• Mentor Graphics
• Hexagon
• Siemens
Computer Aided Engineering Market Insights
Lucintel forecasts that software will remain the larger segment over the forecast period due to the benefits offered by software such as data security, reliability, and continuous testing.
Within this market, automotive will remain the largest segment.
North America will remain the largest region over the forecast period due to the biodiverse cultural presence and rising automation in the manufacturing sector, along with the growing worries about emissions of greenhouse gases and the development of battery technology in the region.
Features of the Global Computer Aided Engineering Market
Market Size Estimates: Computer aided engineering market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Computer aided engineering market size by component, deployment, end use, and region in terms of value ($B).
Regional Analysis: Computer aided engineering market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, deployment, end use, and regions for the computer aided engineering market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the computer aided engineering market.
Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
Preguntas frecuentes
Q1. What is the computer aided engineering market size?
Answer: The global computer aided engineering market is expected to reach an estimated $19.53 billion by 2030.
Q2. What is the growth forecast for computer aided engineering market?
Answer: The global computer aided engineering market is expected to grow with a CAGR of 11.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the computer aided engineering market?
Answer: The major drivers for this market are growing use of developing economies for manufacturing process outsourcing, expanding the usage of CFD software to analyze battery module temperature and improve battery performance & life, as well as, greater emphasis on cutting expenses and the requirement for actual prototypes.
Q4. What are the major segments for computer aided engineering market?
Answer: The future of the global computer aided engineering market looks promising with opportunities in the automotive, defense & aerospace, electronics, medical device, and industrial equipment markets.
Q5. Who are the key computer aided engineering market companies?
Answer: Some of the key computer aided engineering companies are as follows:
• ANSYS
• Altair Engineering
• Autodesk
• Bentley Systems
• Dassault Systemes
• ESI Group
• Exa
• Mentor Graphics
• Hexagon
• Siemens
Q6. Which computer aided engineering market segment will be the largest in future?
Answer: Lucintel forecasts that software will remain the larger segment over the forecast period due to the benefits offered by software such as data security, reliability, and continuous testing.
Q7. In computer aided engineering market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the biodiverse cultural presence and rising automation in the manufacturing sector, along with the growing worries about emissions of greenhouse gases and the development of battery technology in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the computer aided engineering market by component (software and services), deployment (on-premise and cloud-based), end use (automotive, defense & aerospace, electronics, medical devices, industrial equipment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Computer Aided Engineering Market, Computer Aided Engineering Market Size, Computer Aided Engineering Market Growth, Computer Aided Engineering Market Analysis, Computer Aided Engineering Market Report, Computer Aided Engineering Market Share, Computer Aided Engineering Market Trends, Computer Aided Engineering Market Forecast, Computer Aided Engineering Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.