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Press Release:

Global Computer-Aided Engineering Market to Exhibit Moderate Growth During 2020-2025, Impelled by Increasing Adoption of Cloud-Based Computing

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Computer-Aided Engineering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global computer-aided engineering market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 10% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

Computer-aided engineering (CAE) refers to the process of developing and simulating the performance of a product using software and virtual tools. It enables the developer to improve the product design and performance while resolving various engineering problems. CAE involves the replication of a product’s physical properties and performing thermal and finite element analysis, and multiple optimizations. It also supports faster product development by eliminating the need for building physical prototypes in early developmental stages. Owing to these benefits, CAE finds extensive applicability across the automotive, aerospace, plant engineering, electronics, energy and healthcare industries.

The growing integration of computer-aided drafting (CAD) with CAE, along with the increasing cloud deployment of software, represent as the key factors driving the growth of the market. The CAD technology aids in the timely calculation of stress distribution and deformations in a product without influencing the modeling process. Furthermore, user-friendly technological advancements in the CAE software have enabled developers and designers to upload their analysis on the cloud platform, which offers increased mobility and significant cost reductions. The rapid growth of the smart and wearable device industry, along with the increasing penetration rate of internet services, is also creating a positive outlook for the market. The increasing usage of smartphones, tablets and smartwatches is further favoring the widespread acceptance of CAE for medicinal, fitness, transportation, education and entertainment purposes. Moreover, advancements in the automotive sector, including the advent of driverless and semi-autonomous cars, which use the technology for collision avoidance, parking assistance systems and interactive infotainment systems, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global computer-aided engineering market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, deployment type and end-use industry.

Breakup by Type:

  • Finite Element Analysis (FEA)
  • Computational Fluid Dynamics (CFD)
  • Multibody Dynamics
  • Optimization & Simulation
     

Breakup by Deployment Type:

  • On-Premises  
  • Cloud-based
     

Breakup by End-Use Industry:

  • Automotive  
  • Defense & Aerospace
  • Electronics
  • Medical Devices
  • Industrial Equipment
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Altair Engineering Inc., Ansys Inc., Aspen Technology Inc., Autodesk Inc., BenQ Asia Pacific Corp., Bentley Systems Inc., Casio Computer Co. Ltd., Dassault Systemes, ESI Group, Exa Corporation, Mentor Graphics Corporation, MSC Software Corporation, NUMECA International, Seiko Epson Corporation, Siemens Digital Industries Software, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Type, Deployment Type, End-Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Altair Engineering Inc., Ansys Inc., Aspen Technology Inc., Autodesk Inc., BenQ Asia Pacific Corp., Bentley Systems Inc., Casio Computer Co. Ltd., Dassault Systemes, ESI Group, Exa Corporation, Mentor Graphics Corporation, MSC Software Corporation, NUMECA International, Seiko Epson Corporation and Siemens Digital Industries Software.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Computer-Aided Engineering Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Finite Element Analysis (FEA)
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Computational Fluid Dynamics (CFD)
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Multibody Dynamics
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Optimization & Simulation
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Deployment Type
    7.1    On-premises   
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Cloud-based
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End-Use Industry
    8.1    Automotive   
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Defense & Aerospace
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Medical Devices
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Industrial Equipment
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Altair Engineering Inc.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio 
           13.3.1.3 Financials
        13.3.2    Ansys Inc.
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio 
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    Aspen Technology Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio 
           13.3.3.3 Financials
           13.3.3.4 SWOT Analysis
        13.3.4    Autodesk Inc.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio 
           13.3.4.3 Financials
           13.3.4.4 SWOT Analysis
        13.3.5    BenQ Asia Pacific Corp.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio 
        13.3.6    Bentley Systems Inc.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio 
        13.3.7    Casio Computer Co. Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio 
           13.3.7.3 Financials
           13.3.7.4 SWOT Analysis
        13.3.8    Dassault Systemes
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio 
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    ESI Group
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio 
           13.3.9.3 Financials
           13.3.9.4 SWOT Analysis
        13.3.10    Exa Corporation
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio 
        13.3.11    Mentor Graphics Corporation
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio 
           13.3.11.3 SWOT Analysis
        13.3.12    MSC Software Corporation 
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio 
        13.3.13    NUMECA International
           13.3.13.1 Company Overview
           13.3.13.2 Product Portfolio 
           13.3.13.3 Financials
        13.3.14    Seiko Epson Corporation
           13.3.14.1 Company Overview
           13.3.14.2 Product Portfolio 
           13.3.14.3 Financials
           13.3.14.4 SWOT Analysis
        13.3.15    Siemens Digital Industries Software            
           13.3.15.1 Company Overview
           13.3.15.2 Product Portfolio 

List of Figures

Figure 1: Global: Computer-Aided Engineering Market: Major Drivers and Challenges
Figure 2: Global: Computer-Aided Engineering Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Computer-Aided Engineering Market: Breakup by Type (in %), 2020
Figure 4: Global: Computer-Aided Engineering Market: Breakup by Deployment Type (in %), 2020
Figure 5: Global: Computer-Aided Engineering Market: Breakup by End-Use Industry (in %), 2020
Figure 6: Global: Computer-Aided Engineering Market: Breakup by Region (in %), 2020
Figure 7: Global: Computer-Aided Engineering Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Computer-Aided Engineering (Finite Element Analysis) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Computer-Aided Engineering (Finite Element Analysis) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Computer-Aided Engineering (Computational Fluid Dynamics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Computer-Aided Engineering (Computational Fluid Dynamics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Computer-Aided Engineering (Multibody Dynamics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Computer-Aided Engineering (Multibody Dynamics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Computer-Aided Engineering (Optimization & Simulation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Computer-Aided Engineering (Optimization & Simulation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Computer-Aided Engineering (On-premises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Computer-Aided Engineering (On-premises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Computer-Aided Engineering (Cloud-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Computer-Aided Engineering (Cloud-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Computer-Aided Engineering (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Computer-Aided Engineering (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Computer-Aided Engineering (Defense & Aerospace) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Computer-Aided Engineering (Defense & Aerospace) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Computer-Aided Engineering (Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Computer-Aided Engineering (Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Computer-Aided Engineering (Medical Devices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Computer-Aided Engineering (Medical Devices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Computer-Aided Engineering (Industrial Equipment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Computer-Aided Engineering (Industrial Equipment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Computer-Aided Engineering (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Computer-Aided Engineering (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: North America: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: North America: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: United States: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: United States: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Canada: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Canada: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Asia Pacific: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Asia Pacific: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: China: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: China: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Japan: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Japan: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: India: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: India: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: South Korea: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: South Korea: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Australia: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Australia: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Indonesia: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Indonesia: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Others: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Others: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Europe: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Europe: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Germany: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Germany: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: France: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: France: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: United Kingdom: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: United Kingdom: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Italy: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Italy: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Spain: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Spain: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Russia: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Russia: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Latin America: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Latin America: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Brazil: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Brazil: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Mexico: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Mexico: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Others: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Others: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Middle East and Africa: Computer-Aided Engineering Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Middle East and Africa: Computer-Aided Engineering Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Global: Computer-Aided Engineering Industry: SWOT Analysis
Figure 81: Global: Computer-Aided Engineering Industry: Value Chain Analysis
Figure 82: Global: Computer-Aided Engineering Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Computer-Aided Engineering Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Computer-Aided Engineering Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Computer-Aided Engineering Market Forecast: Breakup by Deployment Type (in Million US$), 2021-2026
Table 4: Global: Computer-Aided Engineering Market Forecast: Breakup by End-Use Industry (in Million US$), 2021-2026
Table 5: Global: Computer-Aided Engineering Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Computer-Aided Engineering Market: Competitive Structure
Table 7: Global: Computer-Aided Engineering Market: Key Players

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Key Question Answered in this Report

We expect the global computer-aided engineering market to exhibit a CAGR of 10% during 2021-2026.

Sudden outbreak of the COVID-19 pandemic had catalyzed the adoption of AI-based, automated devices to mitigate the risk of coronavirus transmission upon human interaction, thereby propelling the growth of computer-aided engineering market.

The changing consumer inclination from on-premises computing solutions towards cloud-based advanced variants represents one of the key factors driving the global computer-aided engineering market.

Based on the type, the market has been divided into Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), multibody dynamics, and optimization and simulation. Amongst these, Finite Element Analysis (FEA) currently holds the largest market share.

Based on the development type, the market has been bifurcated into on-premises and cloud-based. Currently, on-premises hold the majority of total market share.

Based on the end-use industry, the market has been classified into automotive, defense and aerospace, electronics, medical devices, industrial equipment, and others. Currently, the automotive industry represents the largest segment.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe currently dominates the global market.

Some of the major players in the global computer-aided engineering market include Altair Engineering Inc., Ansys Inc., Aspen Technology Inc., Autodesk Inc., BenQ Asia Pacific Corp., Bentley Systems Inc., Casio Computer Co. Ltd., Dassault Systemes, ESI Group, Exa Corporation, Mentor Graphics Corporation, MSC Software Corporation, NUMECA International, Seiko Epson Corporation, Siemens Digital Industries Software, etc.

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