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Computer-aided engineering (CAE) is a computer-based analysis tools used to assist in engineering tasks at every level of a product life cycle. CAE includes computer-aided design (CAD), computer-aided analysis (CAA), computer-integrated manufacturing (CIM), computer-aided manufacturing (CAM), material requirements planning (MRP), and computer-aided planning (CAP). The CAE software is used in medical device, consumer products, aerospace, electronics, process manufacturing, automotive segments, government, scientific research and traditional manufacturing segments.
The global CAE market is driving due to continuing design shift by major OEMs, increase in value chain, demand for automotive products, increase in engineering service providers, economic growth, growth in related product development, enhanced performance, increase in compute power at low cost, increased outsourcing of engineering services and decrease in CAE software prices due to increased competition.
The CAE market is ...
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The global CAE market is driving due to continuing design shift by major OEMs, increase in value chain, demand for automotive products, increase in engineering service providers, economic growth, growth in related product development, enhanced performance, increase in compute power at low cost, increased outsourcing of engineering services and decrease in CAE software prices due to increased competition.
The CAE market is ...
View More
Computer-aided engineering (CAE) is a computer-based analysis tools used to assist in engineering tasks at every level of a product life cycle. CAE includes computer-aided design (CAD), computer-aided analysis (CAA), computer-integrated manufacturing (CIM), computer-aided manufacturing (CAM), material requirements planning (MRP), and computer-aided planning (CAP). The CAE software is used in medical device, consumer products, aerospace, electronics, process manufacturing, automotive segments, government, scientific research and traditional manufacturing segments.
The global CAE market is driving due to continuing design shift by major OEMs, increase in value chain, demand for automotive products, increase in engineering service providers, economic growth, growth in related product development, enhanced performance, increase in compute power at low cost, increased outsourcing of engineering services and decrease in CAE software prices due to increased competition.
The CAE market is growing over the years as compared to CAD and it is more applicable to automotive, aerospace and manufacturing sectors. The demand for ecologically sustainable designs acts as a fuel for CAE products. Also, the growth in new Captive Units and Engineering Service Providers (ESP) shows an increase in demand.
The latest trend shows that the focus will be on the CAD-CAE services for hi-tech verticals product development such as consumer electronics, computing systems, heavy engineering and medical devices. The CAE applications in nontraditional fields such as marine/offshore, heavy engineering, Government and Defence, and industrial machinery create the more revenue opportunities. The requirement for world-class quality products with cost effectiveness allows the faster adoption of the CAE technology by developing countries.
The CAE market witnesses several downfalls such as less investment and infrastructure and increasing availability of open source CAE software.
Japan leads in adoption of CAE solutions for its automobile and ship building companies. Also, Japan is the second largest economy, has a high disposable income, pushing towards the automobile and ship building sectors towards CAE solutions. The CAE market in APAC region is expected to grow over the years due to outsourcing the manufacturing activities from this region. The increase in outsourcing of manufacturing activities showed due to the easy availability of low-cost labor and less expensive supply chain. The Americas, EMEA indicates highest demand for CAE solutions. Europe represents highest percentage of usage for CAE products.
The major players of the CAE solutions market include ANSYS Inc, Dassault Systemes SA, MSC Software, Siemens PLM Software, etc.
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The global CAE market is driving due to continuing design shift by major OEMs, increase in value chain, demand for automotive products, increase in engineering service providers, economic growth, growth in related product development, enhanced performance, increase in compute power at low cost, increased outsourcing of engineering services and decrease in CAE software prices due to increased competition.
The CAE market is growing over the years as compared to CAD and it is more applicable to automotive, aerospace and manufacturing sectors. The demand for ecologically sustainable designs acts as a fuel for CAE products. Also, the growth in new Captive Units and Engineering Service Providers (ESP) shows an increase in demand.
The latest trend shows that the focus will be on the CAD-CAE services for hi-tech verticals product development such as consumer electronics, computing systems, heavy engineering and medical devices. The CAE applications in nontraditional fields such as marine/offshore, heavy engineering, Government and Defence, and industrial machinery create the more revenue opportunities. The requirement for world-class quality products with cost effectiveness allows the faster adoption of the CAE technology by developing countries.
The CAE market witnesses several downfalls such as less investment and infrastructure and increasing availability of open source CAE software.
Japan leads in adoption of CAE solutions for its automobile and ship building companies. Also, Japan is the second largest economy, has a high disposable income, pushing towards the automobile and ship building sectors towards CAE solutions. The CAE market in APAC region is expected to grow over the years due to outsourcing the manufacturing activities from this region. The increase in outsourcing of manufacturing activities showed due to the easy availability of low-cost labor and less expensive supply chain. The Americas, EMEA indicates highest demand for CAE solutions. Europe represents highest percentage of usage for CAE products.
The major players of the CAE solutions market include ANSYS Inc, Dassault Systemes SA, MSC Software, Siemens PLM Software, etc.
View Less