- Key End-user Segments include Automotive Industry, Electrical and Electronics Industry, Aerospace and Defense Industry
TechNavio, an independent London-based research firm, has identified Ansys as a key vendors in its latest report on the North American CAE Market for the 2012-2016 period. Some of the other key vendors identified include Dassault Systèmes, CD-adapco, Mentor Graphics and MSC Software.
Ansys is the leader in the CAE (Computer-aided Engineering) market in North America with a share of more than 30 percent. The company has a strong presence in both the CFD (Computational Fluid Dynamics) market and the FEA (Finite Element Analysis) market. Dassault Systèmes, MSC Software, CD-adapco and others, follow closely behind in terms of market share.
In this highly fragmented market, vendors are trying to capture the market space by specializing in one niche segment. For instance, some vendors are offering CFD software specific to the Automotive industry. Additionally, some small and key vendors are competing with large PLM (Product Lifecycle Management) vendors by offering advanced software and technology.
TechNavio’s senior analyst and co-author of this report commented saying, “The CAE market in the US is mainly driven by the Automotive industry and other discrete manufacturing industries. In 2012, the CAE market generated more than 82 percent of its revenue from discrete manufacturing industries. Additionally, several discrete manufacturing industries are growing at a steady rate; therefore, discrete industries will be dominating this market during the forecast period.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on https://www.technavio.com/report/cae-market-north-america-2012-2016 please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the CAE Market in North America 2012-2016. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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