Dublin, Jan. 29, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/255g94/global_cae_market) has announced the addition of the "Global CAE Market 2015-2019" report to their offering.
CAE is the practice of using a broad range of software products to assist in engineering tasks. These software products support a wide range of tasks such as simulation, validation, analysis, and manufacture of engineering products. CAE includes two major tools: FEA and CFD. FEA helps evaluate the functionality of a given product design before its prototype is produced.
It is used in various manufacturing industries for estimation of structural strength and behavior, modeling, simulation, and design optimization. CFD analyzes flow, turbulence, pressure distribution, and interaction of liquids and gases with various structures.
The analysts forecast the Global CAE market to grow at a CAGR of 11.34 percent over the period 2014-2019.
The Global CAE market is divided into two product segments: FEA and CFD.
The report, Global CAE Market 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Increased adoption of integrated CAE that can improve the efficiency and effectiveness of product development cycles is expected to propel market growth during the forecast period of 2014-2019.
According to the report, need for reduced time-to-market has increased significantly. CAE helps improve the time-to-market of products by reducing the time associated with the product development cycle and testing.
Further, the report states that the threat from open source CAE has become more pronounced over the years. Many commercial users have started to adopt open source CAE to avoid investing a large amount of money in commercial licenses.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Product Segmentation
08. End-user Segmentation
09. Automotive Industry
10. Industrial Machinery Industry
11. Electrical and Electronics Industry
12. Aerospace and Defense Industry
13. Geographical Segmentation
14. CAE Market in North America
15. CAE Market in APAC Region
16. CAE Market in Europe
17. CAE Market in South America
18. CAE Market in Middle East
19. CAE Market in Africa
20. Buying Criteria
21. Market Growth Drivers
22. Drivers and their Impact
23. Market Challenges
24. Impact of Drivers and Challenges
25. Market Trends
26. Vendor Landscape
27. Key Vendor Analysis
Companies Mentioned:
- Ansys
- CD-adapco
- Dassault Systèmes
- LMS International
- Mentor Graphics
- MSC Software
- Altair Engineering
- AspenTech
- Bentley Systems
- Computational Engineering International
- ESI Group
- Exa
- Flow Science
- NEi Software
- Numeca International
For more information visit http://www.researchandmarkets.com/research/255g94/global_cae_market