The global market for Engineering Software (CAD, CAM, CAE, AEC, and EDA) is estimated at US$48.7 Billion in 2023 and is projected to reach US$115.4 Billion by 2030, growing at a CAGR of 13.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
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.
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.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Computer-Aided Engineering (CAE) Software segment, which is expected to reach US$19.3 Billion by 2030 with a CAGR of a 12.3%. The Electronic Design Automation (EDA) Software segment is also set to grow at 13.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $13.3 Billion in 2023, and China, forecasted to grow at an impressive 16.0% CAGR to reach $15.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Engineering Software (CAD, CAM, CAE, AEC, and EDA) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Engineering Software (CAD, CAM, CAE, AEC, and EDA) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Engineering Software (CAD, CAM, CAE, AEC, and EDA) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 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, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 198 Featured):
- 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. METHODOLOGYII. 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
- 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 | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 48.7 Billion |
| Forecasted Market Value ( USD | $ 115.4 Billion |
| Compound Annual Growth Rate | 13.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
