- Published: February 2012
- Region: Global
Global Computer Aided Engineering Market 2010-2014
- ID: 1921056
- September 2011
- Region: Global
- 24 pages
Technavio’s analysts forecast the Global Computer Aided Engineering (CAE) market to grow at a CAGR of 6.5 percent over the period 2010–2014. One of the key factors contributing to this market growth is the increasing demand from industries in developing countries. The Global CAE market has also been witnessing an increased spending on information technology by engineering firms. However, the industry also faces a challenge of the increasing availability of open source CAE software.
Key vendors dominating this market include Ansys, Dassault Systèmes, MSC Software, and LMS International.
Technavio’s Global Computer Aided Engineering Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report, which covers the APAC region as well as the Americas and Europe, covers the buying criteria that the customers would consider while buying the devices. The report also includes a discussion on the key vendors operating in this market.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Landscape
04. Vendor Landscape
05. Market Growth Drivers
06. Market Challenges
07. Market Trends
08. Key Vendor Analysis
08.2 Dassault Systèmes
08.3 MSC Software
08.4 LMS International
09. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Computer Aided Engineering Market 2010–2014 (US$ million)
Exhibit 2: Global Computer Aided Software Market by Geographical Segmentation 2010
Exhibit 3: Global Computer Aided Engineering Market by Vendor Segmentation 2010
CAE Market Driven by Demand from Developing Countries
A recently published report by Technavio, specialists in emerging technologies market research, reveals that the Global Computer Aided Engineering (CAE) market is expected to grow at a CAGR of 6.5 percent over the period 2010–2014. The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is being driven by the huge demand generated from developing countries.
According to Technavio’s industry analyst, “Global engineering firms are setting up research, design, and production facilities in developing countries such as India, China and Brazil. Engineering firms depend on CAE software to design and develop their products. This demand for CAE software from engineering firms and their subsequent expansion of their business operations into developing countries is expected to be one of the key drivers for the growth of the Global CAE market.”
The report also highlights that the increasing availability of open source CAE software is hindering the growth of this market. However, the increased outsourcing of engineering services is expected to keep driving the market. This market is also marked by smaller engineering firms taking up large-scale projects. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
Technavio’s report, Global Computer Aided Engineering Market 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in this report include Ansys, Dassault Systèmes, MSC Software, and LMS International.