Computer-Aided Engineering Market PDF: Research Report, Upcoming Trends, Demand

1. Global Computer-Aided Engineering Market Research and Forecast Report 2021- 2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Computer-Aided Engineering Market Research Report: According to the latest report by IMARC Group, titled "Computer-Aided Engineering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global computer- aided engineering market reached a strong growth in 2020. Computer-aided engineering (CAE) involves the usage of sophisticated and interactive computer software to facilitate engineering analysis tasks. It is widely used to simulate performance using virtual tools in an attempt to improve product designs and resolve engineering problems. It is also utilized to assess the performance and robustness of assemblies and components by replicating the product’s physical properties and conducting thermal/ finite element analysis and optimizations. Since this process eliminates the requirement of building physical prototypes in its early developmental stages, it offers quicker processing and aids numerous end users in achieving their goals faster than expected. Consequently, CAE finds extensive applications across numerous industry verticals, such as energy, aerospace, automotive, electronics and healthcare. Request Free Sample Report: https://www.imarcgroup.com/computer-aided-engineering- market/requestsample

4. Report Description and Highlights Report Description Global Computer-Aided Engineering Market Trends : The market is primarily driven by the growing adoption of cloud-based computing instead of on-premise computing solutions across various industries. The use of cloud computing leads to the elimination of hardware acquisition and software licensing, installation and support, thereby minimizing overall costs. This has considerably increased the deployment of CAE software across various organizations. There has also been a rise in the integration of computer-aided drafting (CAD) with CAE to assist in calculating stress distribution and deformations in a product without influencing the modeling process. The market is further driven by the increasing penetration of smart and wearable devices across the globe, supported by the miniaturization of sensors and electronic devices and their reducing selling prices. Apart from this, governments of numerous countries have mandated the installation of multiple advanced technologies, including parking assistance systems, collision avoidance systems and wireless communication technology, in the latest models of various automobiles. This, coupled with the launch of driverless and semi-autonomous cars, is expected to facilitate the uptake of CAE services. Some of the other factors contributing to the market growth include the emergence of 3D printing and the increasing mergers and acquisitions (M&A) by original CAE providers and resellers as a key strategy to expand their market presence. Looking forward, the market value is projected to reach a strong growth during the forecast period (2021- 2026).

5. Report Description and Highlights Report Description Market Summary: Breakup by Type: •Finite Element Analysis (FEA) •Computational Fluid Dynamics (CFD) •Multibody Dynamics •Optimization & Simulation Breakup by Deployment Type: •On-Premises •Cloud-based Breakup by End-Use Industry: •Automotive •Defense & Aerospace •Electronics •Medical Devices •Industrial Equipment •Others

6. Report Description Report Description and Highlights Breakup by Region: •North America • United States • Canada •Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others •Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others

7. Report Description Report Description and Highlights •Latin America • • • • • • • •Middle East and Africa Turkey •Saudi Arabia •Iran •United Arab Emirates •Others Brazil Mexico Argentina Columbia Chile Peru Others Note: We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.

8. Report Description Report Description and Highlights Competitive Landscape with Key Players: • Altair Engineering Inc. • Ansys Inc. • Aspen Technology Inc. • Autodesk Inc. • BenQ Asia Pacific Corp. • Bentley Systems Inc. • Casio Computer Co. Ltd. • Dassault Systemes • ESI Group • Exa Corporation • Mentor Graphics Corporation • MSC Software Corporation • NUMECA International • Seiko Epson Corporation • Siemens Digital Industries Software, View Full Report with TOC & List of Figure: https://www.imarcgroup.com/computer-aided- engineering-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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