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Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Size, Share & Trends Analysis Report By Software Type (CAD, CAM, CAE, AEC, EDA), by Application (Product Design and Testing, Design Automation, Drafting & 3D Modelling, Plant Design, Others), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

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Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Overview 

The Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market size is estimated to reach $50.5 Billion by 2026, growing at a CAGR of 10.2% over the forecast period of 2021-2026. Civil engineers frequently employ engineering software to analyze structural designs. Mechanical, electrical, and electronic engineers and computer and chemical experts use these solutions to assure precise and high-quality product designs. Rising adoption across a wide range of sectors and substantial contributions from various software categories drive worldwide market growth. The market is expected to develop rapidly as more integrated solutions and automation are implemented across various industries, including IT, energy, automotive, and telecommunications, media, and entertainment.

 

COVID 19 Impacts:

The COVID-19 pandemic has impacted every industry sector across the world. Research Informatic are constantly apprehending the influence of the COVID-19 pandemic on different domains of the industry. Our research reports provide comprehensive research of COVID-19, which will guide you to understand the major growth driving and restraining factors. Furthermore, the Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) research report helps you with the statistics, revised government policies, and many other useful understandings.

 

SWOT analysis:

The report is created based on comprehensive SWOT analysis and Porter's five force analysis tools; the strengths, weaknesses, opportunities, and combinations of key companies are extensively figured out in the report. Furthermore, every prominent player in the global market is outlined with their associated details such as product types, market overview, marketing strategies, production base, applications, and other specifications.

 

Key Takeaways from Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Report:

  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for software type, applications, and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges, and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes.
  • Get a quick outlook on the market entropy – M&A's, deals, partnerships, product launches of all key players for the past 4 years.
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than the top 20 countries globally for the market.

 

By Product Type, the market for AEC is estimated to grow at the highest CAGR during the forecast period.

Engineering Software Market Based on Product Type is segmented into CAD, CAM, CAE, AEC, & EDA. CAD dominated the market in 2020. Because of the growing number of specialists in the design industry, CAD software is extensively used, particularly in the healthcare, aerospace and military, and automotive industries. In addition, this programme has a lot of advantages over 2D CAD, including better product presentation and visualization. With optimization and virtual testing, 3D CAD software helps to speed up the product's deployment cycle. However, AEC is the fastest-growing during the forecast period, with a CAGR of 11.9%. Engineers, designers, and contractors use AEC technologies to assist projects from concept to completion. The software and technologies allow for high-performing and high-quality infrastructure and building designs, resulting in greater project coordination, constructability, and efficiency.

 

By Applications, Design Automation is estimated to grow at the highest CAGR during the forecast period.

Product Design and Testing will hold the largest share in 2020, owing to the most revenue generated over Product Design and Testing in 2020. Design Automation is the fastest-growing during the forecast period, with a CAGR of 11.6%. Better programming and control over programming features are becoming more common due to technical advancements and increased usage among production units.

 

The Asia Pacific to account for the largest market share during the forecast period

North America dominated the Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market with a share of 34.9% in 2020. In the U.S, CAD and CAM software is becoming more widely used in a variety of sectors. The use of cloud-based software solutions, the launch of new apps for smartphones and tablets, and the growing acceptance of CAD software for prototyping in the military and aerospace industries, allowing engineers to generate, develop, and modify aircraft designs.

 

The Asia Pacific is set to grow fastest in the forecast period. An increase in IT infrastructure expenditure is accompanying rapid industrialization. These engineering software solutions are expected to gain traction in Asia Pacific Market in the industrial and construction industries.

 

Market Dynamics

Driver: increasing use of mobile devices such as smartphones, laptops, and tablets has improved access to these software solutions are driving the market.

While it is evident that high-voltage components will need to be refurbished at some point, the correct timing and scope must be determined. Several elements impact this choice. In general, there are four basic causes for renovation. The manufacturer's aid in the carving out of the operator's and the specific HVDC / FACTS system, or high-voltage switchyard's needs, then supply a solution that assures a smooth and successful refurbishment. It is set to drive the market over the period 2021-2026.

 

Challenge: High cost of advanced and 3D CAD software are limiting the market growth.

The higher cost of CAD software is retraining the growth of engineering software during the forecast period 2021-2026.

 

Key Market Players

Key Players in Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market consist of Ansys, Inc.; Autodesk, Inc.; AVEVA Group plc; Bentley Systems, Inc.; Dassault Systèmes SE; International Business Machines Corporation; MSC Software Corporation; PTC Inc.; Rockwell Automation, Inc.; SAP SE; Siemens Industry Software Inc.; Synopsys, Inc.; Vectorworks, Inc. among others

 

Recent Developments:

  • In February 2019, Dassault Systèmes SE announced the release of 3DEXPERIENCE WORKS, a linked, integrated, and automated approach for SOLIDWORKS users to streamline their work processes and save time and money. 3D Creator and 3D Sculptor are next-generation design programmes that run on any browser and allow users to enhance and improve what they can achieve with SOLIDWORKS by choosing from hundreds of additional sophisticated 3DEXPERIENCE WORKS applications and just employing the ones they need for their jobs.

 

Report Coverage and Scope

The report "Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

 

By Software Type

  • CAD
  • CAM
  • CAE
  • AEC
  • EDA

 

By Applications

  • Product Design and Testing
  • Design Automation
  • Drafting & 3D Modelling
  • Plant Design
  • Others

 

Geography

  • North America
  • Europe
  • APAC
  • RoW

 

Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Growth, Trend and Forecast 2021-2028

Chapter 1 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Overview
1.1 Product Overview and Scope of Engineering Software (CAD, CAM, CAE, AEC, & EDA)
1.2 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Segmentation by Type
1.2.1 Global Production Market Share of Engineering Software (CAD, CAM, CAE, AEC, & EDA) by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Segmentation by Application
1.3.1 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Engineering Software (CAD, CAM, CAE, AEC, & EDA) (2014-2028)

Chapter 2 Global Economic Impact on Engineering Software (CAD, CAM, CAE, AEC, & EDA) Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Competition by Manufacturers
3.1 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production and Share by Manufacturers (2020 and 2020)
3.2 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers Engineering Software (CAD, CAM, CAE, AEC, & EDA) Manufacturing Base Distribution, Production Area and Product Type
3.5 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Competitive Situation and Trends
3.5.1 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Concentration Rate
3.5.2 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue (Value) by Region (2014-2021)
4.1 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production by Region (2014-2021)
4.2 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production Market Share by Region (2014-2021)
4.3 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Consumption by Regions (2014-2021)
5.2 North America Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue (Value), Price Trend by Type
6.1 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production and Market Share by Type (2014-2021)
6.2 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Revenue and Market Share by Type (2014-2021)
6.3 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Price by Type (2014-2021)
6.4 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production Growth by Type (2014-2021)

Chapter 7 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Analysis by Application
7.1 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Consumption and Market Share by Application (2014-2021)
7.2 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Manufacturing Cost Analysis
8.1 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Engineering Software (CAD, CAM, CAE, AEC, & EDA)

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Engineering Software (CAD, CAM, CAE, AEC, & EDA) Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market Forecast (2021-2028)
12.1 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Revenue Forecast (2021-2028)
12.2 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production, Consumption Forecast by Regions (2021-2028)
12.3 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Production Forecast by Type (2021-2028)
12.4 Global Engineering Software (CAD, CAM, CAE, AEC, & EDA) Consumption Forecast by Application (2021-2028)
12.5 Engineering Software (CAD, CAM, CAE, AEC, & EDA) Price Forecast (2021-2028)

Chapter 13 Appendix

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Personalize this Research

  • Market Size and Share from 2016 - 2027
  • Expected Market Growth Until 2027
  • COVID-19 Impact assessment on the market
  • Market Dynamics and Impact Analysis
  • Segment and region that will drive or lead the market growth and why
  • Industry activity comprising Mergers, Acquisitions, Expansion, etc.
  • Comprehensive Mapping of the Competitive Landscape
  • In-depth analysis of key sustainability strategies adopted by market players
  • Global and regional market trends – Current and Future
  • Value Chain Analysis
  • Porters Five Forces Analysis
  • Historical and Current Product Pricing
  • Country Cross-Segment Analysis
  • Company Profiling
  • Player Comparison Matrix

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