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NEW YORK, April 9, 2021 /PRNewswire/ -- Technavio has been monitoring the computer aided engineering (CAE) market and it is poised to grow by $ 3.57 bn during 2021-2025,progressingat a CAGR of over9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download Free sample report in MINUTES Impact of COVID-19The COVID-19 pandemic continues to transform the growth of various industries, however,the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the computer aided engineering (CAE) market.Frequently Asked Questions: What are the major trends in the market?Increasing requirements for large-scale project managementis a major trend driving the growth of the market. At what rate is the market projected to grow?The market willaccelerateat a CAGR of over9%and the incremental growth of the market is anticipated to be$ 3.57 bn. Who are the top players in the market?Altair Engineering Inc., ANSYS Inc., Dassault Systemes SE, ESI Group, Hexagon AB, NUMECA International, PTC Therapeutics Inc., Siemens AG, Simerics Inc., and Symscape,are some of the major market participants. What is the key market driver?The growth of the smartphone industryis one of the major factors driving the market. How big is theAPACmarket?The APAC region will contribute to 39% of the market share. Related ReportsonInformation TechnologyInclude: Production Printer Market by Technology, Application, and Geography - Forecast and Analysis 2021-2025-The production printer market size has the potential to grow by USD 690.03 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 2.85%. Industrial Internet of Things (IoT) Market by End-user and Geography - Forecast and Analysis 2021-2025- The industrial internet of things (IoT) market size has the potential to grow by USD 421.28 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 32.95%. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altair Engineering Inc., ANSYS Inc., Dassault Systemes SE, ESI Group, Hexagon AB, NUMECA International, PTC Therapeutics Inc., Siemens AG, Simerics Inc., and Symscape are some of the major market participants. The growth of the smartphone industry and reduction in product design time and cost will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this computer aided engineering (CAE) marketforecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.Enquire before BuyingComputer Aided Engineering (CAE) Market 2021-2025: SegmentationComputer Aided Engineering (CAE) Market is segmented as below: Product FEA CFD End-user Automotive Aerospace And Defense Electrical And Electronics Others Geography Europe North America APAC South America MEA To learn more about the global trends impacting the future of market research, download a free sampleComputer Aided Engineering (CAE) Market 2021-2025: ScopeTechnavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Thecomputer aided engineering (CAE) marketreport covers the following areas: Computer Aided Engineering (CAE) MarketSize Computer Aided Engineering (CAE) Market Trends Computer Aided Engineering (CAE) MarketIndustry Analysis This study identifies theincreasing requirements for large-scale project management as one of the prime reasons driving the computer aided engineering (CAE) marketgrowth during the next few years.Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.DownloadFree sample report in MINUTESComputer Aided Engineering (CAE) Market 2021-2025: Key Highlights CAGR of the market during the forecast period 2021-2025 Detailed information on factors that will assist computer aided engineering (CAE) marketgrowth during the next five years Estimation of the computer aided engineering (CAE) marketsize and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the computer aided engineering (CAE) marketacross Europe, North America, APAC, South America, and MEA Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of computer aided engineering (CAE) market vendors Table of Contents:Executive SummaryMarket Landscape Market ecosystem Value chain analysis Market Sizing Market definition Market segment analysis Market size 2020 Market outlook: Forecast for 2020 - 2025 Five Forces Analysis Five forces summary Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition Market Segmentation by Product Market segments Comparison by Product FEA - Market size and forecast 2020-2025 CFD - Market size and forecast 2020-2025 Market opportunity by Product Market Segmentation by End-user Market segments Comparison by End user Automotive - Market size and forecast 2020-2025 Aerospace and defense - Market size and forecast 2020-2025 Electrical and electronics - Market size and forecast 2020-2025 Others - Market size and forecast 2020-2025 Market opportunity by End user Customer landscapeGeographic Landscape Geographic segmentation Geographic comparison Europe - Market size and forecast 2020-2025 North America - Market size and forecast 2020-2025 APAC - Market size and forecast 2020-2025 South America - Market size and forecast 2020-2025 MEA - Market size and forecast 2020-2025 Key leading countries Market opportunity by geography Market drivers Market challenges Market trends Vendor Landscape Overview Landscape disruption Vendor Analysis Vendors covered Market positioning of vendors Altair Engineering Inc. ANSYS Inc. Dassault Systemes SE ESI Group Hexagon AB NUMECA International PTC Therapeutics Inc. Siemens AG Simerics Inc. Symscape Appendix Scope of the report Currency conversion rates for US$ Research methodology List of abbreviations About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[emailprotected]Website:www.technavio.com/Report Details:RequestFree sample reportSOURCE Technavio

Answer: Computer Aided Engineering (CAE) Market to grow by $ 3.57 billion |Industry COVID-19 Impact Analysis, Market Trends and Growth 2025| Technavio