Aerospace Engineering Software Market Global Report 2026

The aerospace engineering software market size has grown strongly in recent years. It will grow from $11.2 billion in 2025 to $12.25 billion in 2026 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to rising aircraft production demand, increased defense modernization programs, growth in simulation-based engineering practices, expansion of commercial aviation fleets, higher focus on aircraft safety compliance.

The aerospace engineering software market size is expected to see strong growth in the next few years. It will grow to $17.26 billion in 2030 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to increasing adoption of cloud-based engineering platforms, rising development of advanced air mobility vehicles, expansion of space exploration programs, growing demand for autonomous aircraft systems, increasing investment in digital engineering ecosystems. Major trends in the forecast period include digital twin integration in aerospace development workflows, model-based systems engineering adoption, growing use of multiphysics simulation platforms, increased demand for predictive maintenance software tools, collaborative engineering platforms for distributed teams.

The rising aircraft production is expected to propel the growth of the aerospace engineering software market going forward. Aircraft production refers to the complete process of designing, manufacturing, assembling, testing, and delivering aircraft. Aircraft production is increasing due to the growing demand for air travel, as an increasing number of passengers worldwide prefer air transportation for its speed and convenience. Aerospace engineering software supports aircraft production by integrating advanced design, simulation, and manufacturing processes that enhance precision, shorten development cycles, and optimize overall production efficiency. For instance, in January 2024, according to a report published by Aircraft Interiors International, a UK-based company, aircraft orders increased by 91% in 2023 compared to 2022, with single-aisle aircraft orders rising by 78% and widebody aircraft orders growing by 169%. New aircraft deliveries reached 1,265 in 2023, marking an 11% increase over the previous year. Therefore, the rising aircraft production is driving the growth of the aerospace engineering software market.

Major companies operating in the aerospace engineering software market are focusing on introducing innovative solutions, such as advanced computational fluid dynamics (CFD) platforms, to improve aerodynamic design accuracy, shorten development timelines, and enhance the performance and safety of aircraft and spacecraft systems. Advanced computational fluid dynamics (CFD) platforms are sophisticated simulation software solutions that use numerical methods and high-performance computing to model, analyze, and predict the behavior of gases and liquids around objects such as aircraft, spacecraft, and engines. For instance, in April 2026, the National Aeronautics and Space Administration, a US-based government space agency, launched the Launch, Ascent, and Vehicle Aerodynamics (LAVA) software framework for the US aerospace industry. The framework is designed to simulate complex airflow and fluid-structure interactions during spacecraft launch and ascent, including exhaust plume behavior, aerodynamic pressure distribution, and water interaction on launchpads. It supports mission-critical applications such as rocket design validation, re-entry analysis, and launch safety optimization, enabling engineers to evaluate performance risks and improve vehicle reliability for future space missions.

In May 2024, Cadence Design Systems Inc., a US-based engineering design and simulation software company, acquired BETA CAE Systems International AG for $1.24 billion. Through this acquisition, Cadence Design Systems Inc. aimed to expand its multiphysics engineering simulation and system analysis portfolio while strengthening its capabilities in structural analysis, computational engineering, and aerospace engineering software applications. BETA CAE Systems International AG is a Switzerland-based company that develops advanced Computer-Aided Engineering (CAE) software widely used across the aerospace industry.

Major companies operating in the aerospace engineering software market report are Aras Corporation, Autodesk Inc., Cadence Design Systems Inc., Capgemini Engineering, COMSOL AB, Concepts NREC LLC, Coreform LLC, Dassault Systemes SE, ESTECO S.p.A., Hexagon AB, International Business Machines Corporation, Keysight Technologies, PTC Inc., Rescale Inc., Siemens AG, SimScale GmbH, Synopsys Inc., The MathWorks Inc., Wolfram Research Inc., Zuken Inc.

North America was the dominating region in the aerospace engineering software market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the aerospace engineering software market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the aerospace engineering software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aerospace engineering software market includes revenues earned by entities by providing services such as simulation and modeling services, product lifecycle management (PLM) services, flight simulation services, and maintenance, repair, and overhaul (MRO) software services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

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