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Engineering Software (CAD, CAM, CAE, AEC, & EDA) - Global Market Trajectory & Analytics

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    Report

  • 361 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030668

Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market to Reach $55.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Engineering Software (CAD, CAM, CAE, AEC, & EDA) estimated at US$29.1 Billion in the year 2020, is projected to reach a revised size of US$55.6 Billion by 2027, growing at a CAGR of 9.7% over the period 2020-2027. Computer-Aided Engineering (CAE), one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$9.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electronic Design Automation (EDA) segment is readjusted to a revised 9.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.6 Billion, While China is Forecast to Grow at 12.2% CAGR

The Engineering Software (CAD, CAM, CAE, AEC, & EDA) market in the U.S. is estimated at US$8.6 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7.5 Billion by the year 2027 trailing a CAGR of 12.2% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 9.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

Architecture, Engineering & Construction (AEC) Segment to Record 9.6% CAGR

In the global Architecture, Engineering & Construction (AEC) segment, USA, Canada, Japan, China and Europe will drive the 9.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.3 Billion in the year 2020 will reach a projected size of US$9.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 24115 Featured)

  • Ansys, Inc.
  • Autodesk, Inc.
  • AVEVA Group plc
  • Bentley Systems, Inc.
  • Dassault Systèmes SE
  • International Business Machines Corporation
  • MSC Software Corporation
  • PTC Inc.
  • Rockwell Automation, Inc.
  • SAP SE
  • Siemens Industry Software Inc.
  • Synopsys, Inc.
  • Vectorworks, Inc.

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Frequently Asked Questions about the Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA)

What is the estimated value of the Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA)?

The Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA) was estimated to be valued at $29.1 Billion in 2020.

What is the growth rate of the Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA)?

The growth rate of the Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA) is 9.7%, with an estimated value of $55.6 Billion by 2027.

What is the forecasted size of the Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA)?

The Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA) is estimated to be worth $55.6 Billion by 2027.

Who are the key companies in the Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA)?

Key companies in the Global Market for Engineering Software (CAD, CAM, CAE, AEC, & EDA) include Ansys, Inc., Autodesk, Inc., AVEVA Group plc, Bentley Systems, Inc., Dassault Systèmes SE, International Business Machines Corporation, MSC Software Corporation, PTC Inc. and SAP SE.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP and Denting Engineering Software Market
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
  • Industrial Activity to Remain Subdued in the Immediate Term
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • An Introduction to Engineering Software
  • Focus on Automation & Integrated Solutions Programs Engineering Software Market for Long Term Success: Outlook
  • CAD Remains Key Contributor to Engineering Software Market
  • World Engineering Software Market by Software Type (2020 & 2027): Percentage Breakdown of Revenues for Computer-Aided Engineering (CAE), Electronic Design Automation (EDA), Architecture, Engineering & Construction (AEC), Computer-Aided Designing (CAD), and Computer-Aided Manufacturing (CAM)
  • Product Design & Testing and Design Automation to Rule Market
  • World Engineering Software Market by Application (2020 & 2027): Percentage Breakdown of Revenues for Product Design & Testing, Design Automation, Drafting & 3D Modeling, Plant Design, and Other Applications
  • Regional Analysis: While Developed Markets Rule, Asia-Pacific to Display Fastest Growth
  • World Engineering Software Market (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • World Engineering Software Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Rest of World, USA, Canada, Europe, and Japan
  • Competitive Scenario
  • Recent Market Activity
  • Select Global Brands
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Reduced Prototyping Cost & Product Recalls with Integrated Software
  • Rising Adoption of 3D Printing Augurs Well
  • Global 3D Printing Market Size (in US$ Billion) for the Years 2019, 2022 and 2025
  • Relevance in Automotive Industry
  • World Automobile Production in Million Units: 2008-2022
  • Established Use in Aerospace & Defense Sector
  • COVID-19 Pandemic Dents Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020E
  • Global Airlines Performance by Region: 2020 Vs 2019
  • AI-Enabled Software Tools to Address Challenges of Engineering Processes
  • Value-Added Resellers Positively Impact the Market
  • Electronics Industry Extends Opportunities
  • Supply Chain Disruptions Impact a Large Number of Electronic Manufacturers: % Share of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of May 2020
  • Rapidly Eroding Consumer Confidence Thwarts Hopes for a Quick Recovery: Global Consumer Confidence Index Points for 4Q2019, 1Q2020 & 2Q2020
  • Cloud-based SaaS Solutions Gain Traction
  • Engineering Software Gains Traction in EPC Sector
  • BIM Technology Streamlines Structural Designing Process
  • Traffic Engineering Software Seeks Opportunities
  • CAM Software Market Boasts Right Code for Phenomenal Gains
  • CAE Software Market Displays High Degree of Dynamism
  • Global CAD Software Market Maintains Positive Trajectory
  • IoT Impacts Engineering Software Market
  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
  • Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
  • Emphasis on Design Automation Favors Growth
  • Software Tools Streamline Drafting & 3D Modeling Processes
  • Open Source Software Restrains Market Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Computer-Aided Engineering (CAE) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Computer-Aided Engineering (CAE) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Computer-Aided Engineering (CAE) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Electronic Design Automation (EDA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Electronic Design Automation (EDA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Electronic Design Automation (EDA) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Architecture, Engineering & Construction (AEC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Architecture, Engineering & Construction (AEC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Architecture, Engineering & Construction (AEC) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Computer-Aided Designing (CAD) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Computer-Aided Designing (CAD) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Computer-Aided Designing (CAD) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Computer-Aided Manufacturing (CAM) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Computer-Aided Manufacturing (CAM) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Computer-Aided Manufacturing (CAM) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Product Design & Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Product Design & Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Product Design & Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Design Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Design Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Design Automation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 22: World Recent Past, Current & Future Analysis for Drafting & 3D Modeling by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 23: World Historic Review for Drafting & 3D Modeling by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 24: World 15-Year Perspective for Drafting & 3D Modeling by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 25: World Recent Past, Current & Future Analysis for Plant Design by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 26: World Historic Review for Plant Design by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 27: World 15-Year Perspective for Plant Design by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 28: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 29: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 30: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 31: World Recent Past, Current & Future Analysis for Engineering Software (CAD, CAM, CAE, AEC, & EDA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 32: World Historic Review for Engineering Software (CAD, CAM, CAE, AEC, & EDA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 33: World 15-Year Perspective for Engineering Software (CAD, CAM, CAE, AEC, & EDA) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
REST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 118

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Ansys, Inc.
  • Autodesk, Inc.
  • AVEVA Group plc
  • Bentley Systems, Inc.
  • Dassault Systèmes SE
  • International Business Machines Corporation
  • MSC Software Corporation
  • PTC Inc.
  • Rockwell Automation, Inc.
  • SAP SE
  • Siemens Industry Software Inc.
  • Synopsys, Inc.
  • Vectorworks, Inc.