According to IMARC Group’s latest report, titled “Computer-Aided Engineering Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global computer-aided engineering market reached a value of US$ 8.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.2 Billion by 2027, exhibiting a CAGR of 10.6% during 2022-2027. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Computer-aided engineering (CAE) refers to a process of integrating and simulating the performance of a product using virtual tools and software. It involves replicating the physical properties of a product, conducting thermal and finite element analysis, and executing various optimizations. It also assists in enhancing the design and efficiency of a product while resolving engineering problems. In addition, it supports faster product development by preventing the need for designing a physical prototype in the early developmental stages. Request Free Sample Report: https://www.imarcgroup.com/computer-aided-engineering-market/requestsample Market Trends: The growing cloud deployment of software represents one of the key factors positively influencing the demand for CAE integrated with computer-aided drafting (CAD). Besides this, the escalating demand for consumer electronics like smartphones, laptops, and wearable devices for fitness, health, educational, and entertainment purposes is favoring the adoption of CAE. Moreover, the advent of semi-automated and driverless cars integrated with software for collision avoidance, interactive infotainment systems, and parking assistance systems is propelling the market growth. Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/computer-aided-engineering-market List of Key Companies Covered in this Market Report:
- 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
- Finite Element Analysis (FEA)
- Computational Fluid Dynamics (CFD)
- Multibody Dynamics
- Optimization & Simulation
- On-Premises
- Cloud-based
- Automotive
- Defense & Aerospace
- Electronics
- Medical Devices
- Industrial Equipment
- Others
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape