TechNavio today launched its report Computer-aided Engineering Software Market in Japan 2011-2015 based on an in-depth study focusing exclusively on Japan. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”Several Computer-aided Engineering (CAE) vendors are offering cloud-based CAE software with advanced features that are more efficient and reliable. Several public and private companies are adopting cloud-based CAE software because it provides key benefits such as flexibility and scalability compared to the traditional CAE software. In addition, companies that are adopting cloud-based CAE software need to invest less for IT infrastructure. Moreover, cloud-based CAE software eliminates maintenance costs and also helps organizations to access CAE software from anywhere and at any time.”
According to the report, several manufacturing organizations use the CAE tools that allow designers to understand how the product will behave and perform during its operating life by effective and accurate product design analysis. This thereby reduces the cost of product failure and wastage. It also avoids many direct and indirect expenses such as warranty cost, product return cost, and downtime loss.
Further, the report discusses that the easy availability of pirated and counterfeit CAE software is one of the major challenges for the growth of the CAE Software market in Japan.
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 players. For further information on this report, please visit http://goo.gl/xZEwn
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Report – Computer-aided Engineering Software Market in Japan 2011-2015
