Competitive Dynamics : CAE Market Globally Grow at a CAGR of 11.84% by 2021 - ANSYS, Dassault Systmes, Hexagon And PTC

in cae •  7 years ago 

ResearchMoz presents professional and in-depth study of "Global CAE Market 2017-2021".

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.

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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.

Technavios 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.

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Key vendors

ANSYS

Dassault Systmes

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

Browse Report @ https://www.researchmoz.us/global-cae-market-2017-2021-report.html

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?

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