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Prominent Computer Aided Engineering Market Trend for 2025: Technological Advancements Drive Computer-Aided Engineering Market Trends
"What industry-specific factors are fueling the growth of the computer aided engineering market?The escalating integration of automation within the manufacturing industry is projected to boost the expansion of the computer-aided engineering market in the future. Automation pertains to the creation and utilization of technologies meant for the production and provision of products and services with minimal to zero involvement of humans. Automation technologies, such as computer-aided drafting and computer-facilitated N/C tape preparation, are currently accessible and extensively employed within the manufacturing industry to address the pressing issue of decreasing productivity. As an example, the International Federation of Robotics (IFR), a Germany-based non-profit professional entity, reported in September 2023 that the total volume of service robots sold for professional utilization reached 158,000 units in 2022, marking a surge of 48%. Data showed that there are 553,052 industrial robot installations in worldwide factories, reflecting a growth rate of 5% in 2022, compared to the previous year. As a result, the escalating integration of automation within the manufacturing industry is predicted to fuel the expansion of the computer-aided engineering market.
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What Is the projected market size and growth rate for the computer aided engineering market?
In recent times, there has been substantial growth in the size of the computer aided engineering market. The market is expected to escalate from $9.01 billion in 2024 to $9.49 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.3%. The expansion during the historic period is due to many factors including advancement in computational capabilities, the spread of engineering work internationally, greater intricacies in product designing, simulation-based design, savings in cost and time, requirements for regulatory compliance, and automotive crash testing simulation.
It is anticipated that the computer aided engineering market size will witness considerable growth in the upcoming years. The market is projected to escalate to $13.59 billion by 2029, flourishing at a compound annual growth rate (CAGR) of 9.4%. The growth during this period can be accredited to the emergence of industry 4.0 and smart manufacturing, a heightened complexity in electronics design, attention to sustainability and environmental effects, improved simulations of human-machine interaction, digital transformation of construction and infrastructure, and an expanded use in consumer electronics. Noteworthy trends predicted for this period encompass heightened integration of multiphysics simulations, progress in high-performance computing (HPC), increasing adoption of cloud-based CAE, concentration on user-friendly interfaces and workflows, amplified use of generative design, and application of virtual prototyping for system-level simulation.
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What new trends are reshaping the computer aided engineering market and its opportunities?
The trend of technological innovation is gaining traction in the computer-aided engineering market. Several notable firms in computer-aided engineering are concentrating on creating fresh tech solutions to gain a market advantage. For instance, in July 2024, Swedish engineering group Sandvik AB, known for its mining and manufacturing industry tools and technology, unveiled its AI-powered CAD/CAM software suite. The new function, called Manufacturing Copilot, is set to be incorporated into popular Sandvik software products including Cimatron, , and SigmaNEST. The AI-based upgrades are designed to enhance user interactions by offering real-time assistance and increasing manufacturing environment productivity. Sandvik intends to leverage AI to provide superior support features that help operators in everything from design and programming to implementation, leading to enhanced effectiveness in computer-aided manufacturing procedures.
What major market segments define the scope and growth of the computer aided engineering market?
The computer aided engineering market size has grown strongly in recent years. It will grow from $9.01 billion in 2024 to $9.49 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to advancements in computational power, globalization of engineering work, increasing complexity in product design, simulation-driven design, cost and time savings, regulatory compliance requirements, automotive crash testing simulation.
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Which region dominates the computer aided engineering market?
Europe was the largest region in the computer-aided engineering market in 2024. The regions covered in the computer aided engineering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the computer aided engineering industry growth?
Major companies operating in the computer aided engineering market are 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 Pty Ltd, Synopsys Inc., Aveva Group PLC, Autodesk Inc., ANSYS Inc., PTC Inc., COMSOL Inc., MSC Software Corporation, Mentor Graphics Corporation, The MathWorks Inc., OpenText Corporation, Siemens Industry Software NV, CD-adapco, ETA Engineering Inc., Ricardo Software, ZWSOFT Co. Ltd., Zemax LLC, Flow Science Inc., GNS Systems GmbH, AVL List GmbH, EnginSoft S.p.A.
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What Is Covered In The Computer Aided Engineering Global Market Report?
• Market Size Forecast: Examine the computer aided engineering market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the computer aided engineering market for a structured understanding.
• Key Players Overview: Analyze major players in the computer aided engineering market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the computer aided engineering market.
• Segment Contributions: Evaluate how different segments drive overall growth in the computer aided engineering market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the computer aided engineering market.
• Industry Challenges: Identify potential risks and obstacles affecting the computer aided engineering market.
• Competitive Landscape: Review strategic developments in the computer aided engineering market, including expansions, agreements, and new product launches.
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