Published by IMARC Services Private Limited
Posted on October 6, 2021
4 min readLast updated: January 31, 2026
The Computer-Aided Engineering market is set to grow at a 10% CAGR from 2021-2026, driven by outsourcing and cloud-based solutions in various industries.
According to IMARC Group's latest report, titled “ Computer-Aided Engineering Market: Industry Trends, Size, Share Growth, Opportunity and Forecast 2021-2026 the global computer-aided engineering market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of 10% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Computer aided engineering (CAE) refers to the use of interactive computer software to solve various engineering problems. It uses virtual tools such as computational fluid dynamics (CFD), finite element analysis (FEA), and multi-body dynamics (MBD) to stimulate performance and optimize engineering tasks. They offer higher standards for site construction, sophisticated designs, and superior practices for building operations. CAE finds application across various industries such as aviation, shipbuilding, automation, healthcare, electronics, and space.
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Market Trends:
The global CAE market is primarily driven by a rise in the outsourcing of manufacturing processes, especially in countries such as India, China, and Russia. This has shifted the preference for cloud-based computing from on-premises computing, as it eliminates the need for hardware acquisitions, software licensing, and installation and support. CAE also helps save costs as it eliminates the need for multiple prototyping and product recall concerns. Furthermore, the increasing adoption of computational fluid dynamics software in electric vehicles for extending the battery life and analyzing temperature modules is also significantly fueling the demand for the market.
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List of Key Companies Covered in this Market Report:
The report has segmented on the basis of type, deployment type end-use industry and geography.
Breakup by Type:
Breakup by Deployment Type:
Breakup by End-Use Industry:
Breakup by Geography:
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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The article discusses the growth and trends in the Computer-Aided Engineering market from 2021 to 2026.
The growth is driven by outsourcing manufacturing processes and the shift to cloud-based solutions.
CAE is used in automotive, aerospace, electronics, and several other industries.
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