The global market for Engineering Software (CAD, CAM, CAE, AEC, and EDA) was valued at US$55.2 Billion in 2024 and is projected to reach US$115.4 Billion by 2030, growing at a CAGR of 13.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The adoption of engineering software is driven by the need for precision, efficiency, and innovation in various industries, including automotive, aerospace, construction, and electronics. These tools enable engineers to visualize complex designs, simulate real-world conditions, and optimize performance before physical prototyping. The integration of cloud computing, artificial intelligence, and machine learning into engineering software is further enhancing its capabilities. Collaborative platforms allow multiple stakeholders to work on projects simultaneously, improving communication and reducing the time to market. Additionally, the rise of digital twins and Industry 4.0 is promoting the use of engineering software for real-time monitoring and predictive maintenance.
The growth in the engineering software market is driven by several factors. Firstly, the increasing complexity of engineering projects and the need for precision and efficiency are significant drivers. Secondly, advancements in technologies such as AI, cloud computing, and machine learning are enhancing the functionalities and adoption of engineering software. Thirdly, the growing emphasis on digital transformation and Industry 4.0 is boosting the demand for engineering software in smart manufacturing and construction. Additionally, the expansion of the automotive, aerospace, and electronics industries is creating new opportunities for software providers. Furthermore, the rise of remote work and the need for collaborative tools are driving the adoption of cloud-based engineering software. Lastly, regulatory requirements and standards for product safety and performance are encouraging the use of advanced engineering tools.
Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market - Key Trends & Drivers Summarized
Engineering software encompasses a range of tools designed to facilitate the design, analysis, and manufacturing of products and structures. This includes Computer-Aided Design (CAD), Computer-Aided Manufacturing (CAM), Computer-Aided Engineering (CAE), Architecture, Engineering, and Construction (AEC) software, and Electronic Design Automation (EDA) tools. CAD software allows engineers to create detailed 2D and 3D models, while CAM software converts these designs into machine instructions for manufacturing. CAE tools are used for simulation, validation, and optimization of engineering designs. AEC software supports the planning and construction of buildings and infrastructure, and EDA tools are essential for designing electronic systems and circuits.The adoption of engineering software is driven by the need for precision, efficiency, and innovation in various industries, including automotive, aerospace, construction, and electronics. These tools enable engineers to visualize complex designs, simulate real-world conditions, and optimize performance before physical prototyping. The integration of cloud computing, artificial intelligence, and machine learning into engineering software is further enhancing its capabilities. Collaborative platforms allow multiple stakeholders to work on projects simultaneously, improving communication and reducing the time to market. Additionally, the rise of digital twins and Industry 4.0 is promoting the use of engineering software for real-time monitoring and predictive maintenance.
The growth in the engineering software market is driven by several factors. Firstly, the increasing complexity of engineering projects and the need for precision and efficiency are significant drivers. Secondly, advancements in technologies such as AI, cloud computing, and machine learning are enhancing the functionalities and adoption of engineering software. Thirdly, the growing emphasis on digital transformation and Industry 4.0 is boosting the demand for engineering software in smart manufacturing and construction. Additionally, the expansion of the automotive, aerospace, and electronics industries is creating new opportunities for software providers. Furthermore, the rise of remote work and the need for collaborative tools are driving the adoption of cloud-based engineering software. Lastly, regulatory requirements and standards for product safety and performance are encouraging the use of advanced engineering tools.
Scope of the Study
The report analyzes the Engineering Software (CAD, CAM, CAE, AEC, and EDA) market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Software Type (Computer-Aided Engineering (CAE); Electronic Design Automation (EDA); Architecture, Engineering & Construction (AEC); Computer-Aided Designing (CAD); Computer-Aided Manufacturing (CAM)); Application (Product Design & Testing, Design Automation, Drafting & 3D Modeling, Plant Design, Other Applications).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Computer-Aided Engineering (CAE) segment, which is expected to reach US$19.3 Billion by 2030 with a CAGR of a 12.2%. The Electronic Design Automation (EDA) segment is also set to grow at 13.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $15.1 Billion in 2024, and China, forecasted to grow at an impressive 15.9% CAGR to reach $15.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ansys, Inc., Autodesk, Inc., AVEVA Group plc, Bentley Systems, Inc., Dassault Systèmes SE and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Engineering Software (CAD, CAM, CAE, AEC, and EDA) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Engineering Software (CAD, CAM, CAE, AEC, and EDA) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Engineering Software (CAD, CAM, CAE, AEC, and EDA) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 198 major companies featured in this Engineering Software (CAD, CAM, CAE, AEC, and EDA) market report include:
- Ansys, Inc.
- Autodesk, Inc.
- AVEVA Group plc
- Bentley Systems, Inc.
- Dassault Systèmes SE
- HCL Technologies Limited
- Hexagon AB
- International Business Machines Corporation
- Nemetschek SE
- PTC Inc.
- Rockwell Automation, Inc.
- SAP SE
- Siemens Industry Software Inc.
- Synopsys, Inc.
- Vectorworks, Inc.
Table of Contents
I. METHODOLOGYMII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ansys, Inc.
- Autodesk, Inc.
- AVEVA Group plc
- Bentley Systems, Inc.
- Dassault Systèmes SE
- HCL Technologies Limited
- Hexagon AB
- International Business Machines Corporation
- Nemetschek SE
- PTC Inc.
- Rockwell Automation, Inc.
- SAP SE
- Siemens Industry Software Inc.
- Synopsys, Inc.
- Vectorworks, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 575 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 55.2 Billion |
Forecasted Market Value ( USD | $ 115.4 Billion |
Compound Annual Growth Rate | 13.1% |
Regions Covered | Global |