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Global CAE Market 2017-2021

Global CAE Market 2017-2021

About CAE

CAE is the practice of using a wide range of software applications to assist in engineering tasks. These software applications support a variety of tasks such as simulation, analysis, validation, and manufacture of engineering products. CAE includes two key tools: FEA and CFD. FEA software helps evaluate the functionality of a given product design even before its prototype is produced. CFD analyzes turbulence, flow, pressure distribution, and interaction of liquids and gases with different structures.

Technavio’s analysts forecast the global CAE market to grow at a CAGR of 11.84% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global CAE market for 2017-2021. To calculate the market size, the report considers the revenue generated from the new software licenses of CAE software including FEA and CFD.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global CAE Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ANSYS
  • Dassault Systèmes
  • Hexagon
  • PTC
  • Siemens PLM Software
Other prominent vendors
  • Altair
  • Applied Math Modeling
  • Ceetron
  • COMSOL
  • ESI
  • Exa
  • NUMECA
  • Simerics
  • Symscape
Market driver
  • Growth of the smartphone industry
  • For a full, detailed list, view our report
Market challenge
  • High cost of CAE software
  • For a full, detailed list, view our report
Market trend
  • Increasing adoption of CFD for battery designing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global CAE Market 2017-2021

Technavio recognizes the following companies as the key players in the global CAE market: ANSYS, Dassault Systèmes, Hexagon, PTC, and Siemens PLM Software.

Other Prominent Vendors in the market are: Altair, Applied Math Modeling, Ceetron, COMSOL, ESI, Exa, NUMECA, Simerics, and Symscape.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing adoption of CFD for battery designing. The increasing number of electric vehicles is becoming a trend in the automotive industry. The CO₂ emission is increasing each year, and it has a negative effect on the global climate. It has led to the creation of more stringent emission standards by governments.”

According to the report, one driver in the market is growth of the smartphone industry. The electrical and electronics industry is a major end-user of FEA software. The global electrical and electronics industry is witnessing an increase in the production and demand for smartphones and tablets. In the past, end-users used to access the Internet on their desktops. However, consumers now prefer to access the Internet without any time and location constraints. Consumers need web applications for purposes such as viewing multimedia content, browsing, video calling, gaming, and social networking.

Further, the report states that one challenge in the market is high cost of CAE software. The high initial investment required for the development of FEA and CFD software acts as a major challenge to the growth of the overall market. Though large enterprises are increasingly adopting commercial simulation software to reduce their operational costs and improve their product quality, SMEs are reluctant to adopt this software due to the high initial investments and the lack of technological expertise. The average perpetual license of a CFD costs $60,000-$90,000, and FEA costs $27,000-$35,000 per year per seat.

Companies Mentioned

ANSYS, Dassault Systèmes, Hexagon, PTC, Siemens PLM Software, Altair, Applied Math Modeling, Ceetron, COMSOL, ESI, Exa, NUMECA, Simerics, and Symscape.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Global PLM market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Introduction
    • Market definition
  • Market sizing
    • Table Market definition - inclusions and exclusions checklist
    • Market size and forecast 2016-2021
      • Table Global – Market size and forecast 2016-2021 ($ mn)
      • Table Global – Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by product
    • Segmentation by product
      • Table Product – Market share 2016-2021 (%)
    • Comparison by product
      • Table Comparison by product
    • CFD – Market size and forecast 2016-2021
      • Table CFD – Market size and forecast 2016-2021 ($ mn)
      • Table Major advantages driving the demand of global cloud CFD market
      • Table CFD – Year-over-year growth 2017-2021 (%)
    • FEA – Market size and forecast 2016-2021
      • Table FEA – Market size and forecast 2016-2021 ($ mn)
      • Table FEA – Year-over-year growth 2017-2021 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2016-2021 (%)
      • Table Global CAE software market by end-user
    • Comparison by end-user
      • Table Comparison by end-user
    • Automotive industry – Market size and forecast 2016-2021
      • Table Automotive industry – Market size and forecast 2016-2021 ($ mn)
      • Table Automotive industry – Year-over-year growth 2017-2021 (%)
    • Aerospace and defense industry – Market size and forecast 2016-2021
      • Table Aerospace and defense – Market size and forecast 2016-2021 ($ mn)
      • Table Aerospace and defense – Year-over-year growth 2017-2021 (%)
    • Electrical and electronics industry – Market size and forecast 2016-2021
      • Table Electrical and electronics industry – Market size and forecast 2016-2021 ($ mn)
      • Table Electrical and electronics industry – Year-over-year growth 2017-2021 (%)
    • Others – Market size and forecast 2016-2021
      • Table Others – Market size and forecast 2016-2021 ($ mn)
      • Table Others – Year-over-year growth 2017-2021 (%)
  • Regional landscape
    • Market opportunity by end-user
      • Table Market opportunity by end-user
    • Geographical segmentation
      • Table Global – Market share 2016-2021 (%)
      • Table CAGR of global CAE software market by geography
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2016-2021
      • Table Americas – Market size and forecast 2016-2021 ($ mn)
      • Table Americas – Year-over-year growth 2017-2021 (%)
    • EMEA – Market size and forecast 2016-2021
      • Table EMEA – Market size and forecast 2016-2021 ($ mn)
      • Table EMEA – Year-over-year growth 2017-2021 (%)
    • APAC – Market size and forecast 2016-2021
      • Table APAC – Market size and forecast 2016-2021 ($ mn)
      • Table APAC – Year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Major M&A in simulation and analysis software market
    • Market challenges
  • Market trends
    • Increasing adoption of CFD for battery designing
      • Table Rules and regulations to control COand other poisonous gas emissions from vehicles
      • Table Electric/hybrid vehicles of major automotive manufacturers
    • Growth of application-specific CAE software
    • Development of CAE solutions at nano level
  • Vendor landscape
    • Overview
  • Vendor analysis
    • Vendor overview
    • Key vendors
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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