Computer-aided Engineering (CAE) market is anticipated to grow at a significant CAGR of 12.7%. CAE is used to simulate performance to improve product designs or assist in the resolution of engineering problems. This includes simulation, validation and optimization of products, processes, and manufacturing tools.
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Key drivers fueling the growth of the global CAE market include the integration of IoT. Transition from on-premise to cloud-based computing for preprocessing, solving, and postprocessing steps. The increasing adoption of cloud-based solutions presents opportunities for market growth. By offering cost-effective alternatives, scalable, and cloud-based CAE solutions to access advanced engineering capabilities without significant investment. This shift towards cloud computing not only reduces operational overheads but also facilitates seamless data sharingand collaboration which drives productivity and innovation.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Computer-aided Engineering Market Report Segment
By Type
- Software
- Service
By Deployment Model
- On-Premise
- Cloud based
By End-user Industry
- Automotive Industry
- Defense & Aerospace Industry
- Electronics Industry
- Medical Devices
- Industrial Equipment
- Other End Uses
Global Computer-aided Engineering Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global computer-aided engineering market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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