Press release
Computer Aided Engineering Global Market By Type, By Component, By Deployment Model, By Technology, By Application, By End User, By Regional Forecast 2023-2032 | Altair Engineering Inc., Dassault Systèmes SE, ESI Group, Siemens AG, Hexagon AB
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Computer-Aided Engineering Market Size, Growth Rate, And Forecast
The global computer-aided engineering market size is expected to grow from $8.11 billion in 2022 to $8.90 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computer-aided engineering market size is expected to grow to $12.67 billion in 2027 at a CAGR of 9.2%.
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Computer-Aided Engineering Market Drivers
Increasing automation in the manufacturing sector is expected to propel the growth of the computer-aided engineering market going forward. Automation refers to the development and deployment of technologies for the production and delivery of products and services with little or no human participation.
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Computer-Aided Engineering Market Segments
• By Type: Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Multibody Dynamics, Optimization, and Simulation
• By Deployment: On-Premise, Cloud-Based
• By End-Use: Automotive, Defense and Aerospace, Electronics, Medical Devices, Industrial Equipment
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the computer-aided engineering market.
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Computer-Aided Engineering Market Key Players
Major competitors in the computer-aided engineering market include Altair Engineering Inc., Dassault Systèmes SE, ESI Group, Siemens AG, Hexagon AB, Seiko Epson Corporation, Exa Corporation, Bentley Systems Inc., Numeca International, Dell Inc., Aspen Technology Inc., Symscape, Synopsys Inc., Aveva Group, and Autodesk Inc.
The Business Research Company's "Global Computer-Aided Engineering Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content For The Computer-Aided Engineering Market Include:
1. Executive Summary
2. Computer Aided Engineering Market Characteristics
3. Computer Aided Engineering Market Trends And Strategies
4. Computer Aided Engineering Market - Macro Economic Scenario
5. Computer Aided Engineering Market Size And Growth
.....
26. Africa Computer Aided Engineering Market
27. Computer Aided Engineering Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Computer Aided Engineering Market
29. Computer Aided Engineering Market Future Outlook and Potential Analysis
30. Appendix
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