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Published Date: 2015-05-21Number of Pages: 116

Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022


The global engineering software market defines the use of different software such as computer-aided designing (CAD) software, computer-aided engineering (CAE) software, computer-aided manufacturing (CAM) software, electronic design automation (EDA) software, and architecture, engineering, and construction (AEC) software. These software are utilized across various engineering disciplines, such as electronics and communication engineering, electrical engineering, process engineering, chemical engineering, and mechanical engineering. The global engineering software market was valued at US$ 19.98 billion in 2014 and is forecast to grow at a CAGR of 12.4% from 2015 to 2022.

The rising need of automation and growing adoption of integrated solutions for analyzing and designing of engineering systems is fueling the global engineering software market. Furthermore, the growing penetration of mobile devices such as smartphones, tablets and laptops has increased the ease and accessibility of engineering software, which in turn, is bolstering the growth of engineering software market. Furthermore, the introduction of cloud-based engineering software products is boosting the market growth tremendously. However, high maintenance cost and license cost coupled with lack of technical expertise in operating these software is hindering the market growth globally. The key market players profiled in this report include Autodesk, Inc., Bentley Systems, Inc., Dassault Systemes S.A., IBM Corporation, Geometric Ltd., Siemens PLM Software, Inc., SAP SE, Synopsys, Inc., PTC, Inc., Ansys, Inc., and MSC Software Corporation. A significant opportunity for the key players lies in the growing demand of engineering software across marine, ship building and offshore sectors in order to provide reliable operating platform to overcome with extreme weather conditions, physical space constraints, and remote locations.

The global engineering software market is segmented on the basis of software type, application type, and geography. On the basis of software type, the market is segmented into CAD software, CAE software, CAM software, AEC software, and EDA software. In 2014, the CAD software segment led the market and is expected to continue its dominance with nearly half of the global market revenue share in 2022. Currently, the surge in demand for CAD software is driven by the growing trend of mobile access to CAD which is boosting the adoption of CAD software worldwide, especially in the APAC. Moreover, the evolution of various new engineering trends such as 3D modeling, building information modeling (BIM), concurrent engineering and 3D printing, among others are expected to drive the engineering software’s demand throughout the forecast period. 

On the basis of applications, the global engineering software market is classified into design automation, plant design, product design & testing, drafting & 3D modeling and others. The others application segment includes enterprise resource planning, project management, knowledge management, and 3D printing services. In 2014, product design & testing application segment led the engineering software market and it is expected to continue its dominance with over one-fourth of the global market revenue share in 2022. This is owing to the rising connectivity enabling remote analyzing and examining of products in the field. The drafting & 3D modeling is expected to be the fastest growing application segment owing to its rising usage in textbook publishing, advertising, marketing, and geology & science. Scientists and geologists are using 3D modeling to simulate earthquakes and landforms in order to see the effect of stress and draw conclusions based on their findings.

North America led the global engineering software market in 2014, accounting for over one-third of the global market revenue share and it is expected to lead the market throughout the forecast period 2015 to 2022. This is owing to the evolution of cloud-based engineering software which provides a range of advantages, such as ease of access, large space of storage, and security. Latin America is expected to be the fastest growing region for the market owing to immense growth in manufacturing and telecommunication industries, making significant usage of engineering softwares. The market for CAD/CAM/CAE and EDA is anticipated to increase in Brazil, Mexico, Argentina, and Mexico. In Middle East & Africa (MEA), government investments and advancements in technology are acting as drivers for the growth of industrial sector, which in turn, is anticipated to drive the engineering software market in the coming years. In addition, the growth of engineering software market in Asia Pacific is mainly driven by burgeoning construction field and expanding automation industry. Thus, the engineering software market is analyzed to grow at a CAGR of 12.4% during the period 2015 to 2022.

engineering-software-market


Chapter 1 Preface
1.1 Report Description
1.2 Report Scope
      1.2.1 Market Segmentation: Global Engineering Software Market
1.3 Research Methodology
      1.3.1 Sources
              1.3.1.1 Secondary Research
              1.3.1.2 Primary Research

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Engineering Software Market, 2014 & 2022
2.2 Global Engineering Software Market Revenue, 2014 – 2022, (US$ Bn) and Y-o-Y Growth (%)
      2.2.1 Global Engineering Software Market Revenue by Geography, 2014 (US$ Bn) 
      2.2.2 Global Engineering Software Market Revenue, by Software Type, 2014 (US$ Bn) 
      2.2.3 Global Engineering Software Market Revenue, by Applications, 2014 (US$ Bn) 

Chapter 3 Market Overview
3.1 Introduction
3.2 Market Dynamics
      3.2.1 Drivers
              3.2.1.1 Reduction in Product Development Lifecycle Time
              3.2.1.2 Introduction of Cloud-based Engineering Software
              3.2.1.3 Rising Demand for Industrial Automation
              3.2.1.4 Rising Availability of Portable Computing Devices
              3.2.1.5 Significant Growth in Global Construction Industry
              3.2.1.6 Impact Analysis: Drivers – Global Engineering Software Market
      3.2.2 Restraints
              3.2.2.1 Lack of Technical Expertise in Operating Engineering Software
              3.2.2.2 High Maintenance and License Costs
              3.2.2.3 Impact Analysis: Restraints – Global Engineering Software Market
      3.2.3 Opportunities
              3.2.3.1 Growing Demand for Automation, Especially in the Oil and Gas, and Off-shoring Industries
3.3 Market Trends and Future Outlook
              3.3.1.1 High Awareness, Low Adoption Rate of Engineering Software
              3.3.1.2 Mobile Access to CAD
              3.3.1.3 Enabling Innovative Robotic Design by the Usage of Engineering Software
              3.3.1.4 Remote Monitoring Made Easy with Engineering Software
3.4 Pricing Trends in the Global Engineering Software Market
      3.4.1 Types of Software Licenses
              3.4.1.1 Perpetual Licenses
              3.4.1.2 Standalone Licensing
              3.4.1.3 Network Licensing
              3.4.1.4 Subscription Licensing
              3.4.1.5 Pay-As-You-Go (Rental Licensing) 
3.5 Global Engineering Software Adoption Rate, by Industry Verticals
      3.5.1 Overview
      3.5.2 Global Engineering Software Adoption Rate (%), by Industry Verticals, 2014 & 2022
3.6 Competitive Landscape
      3.6.1 Summary
      3.6.2 Competitive Positioning of Key Players, 2014

Chapter 4 Global Engineering Software Market, By Software Type
4.1 Overview
      4.1.1 Comparative Analysis: Global Engineering Software Market revenue, by Software Type, 2014 and 2022 (Value %)
4.2 Computer-Aided Designing (CAD) Software
      4.2.1 Global Computer-Aided Designing (CAD) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
4.3 Computer-Aided Engineering (CAE) Software
      4.3.1 Global Computer-Aided Engineering (CAE) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
4.4 Computer-Aided Manufacturing (CAM) Software
      4.4.1 Global Computer-Aided Manufacturing (CAM) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
4.5 Architecture, Engineering and Construction (AEC) Software
      4.5.1 Global Architecture, Engineering and Construction (AEC) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
4.6 Electronic Design Automation (EDA) Software
      4.6.1 Global Electronic Design Automation (EDA) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 

Chapter 5 Global Engineering Software Market, By Applications
5.1 Overview
      5.1.1 Comparative Analysis: Global Engineering Software Market revenue, by Applications, 2014 and 2022 (Value %)
5.2 Design Automation
      5.2.1 Global Design Automation Application Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
5.3 Plant Design
      5.3.1 Global Plant Design Application Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
5.4 Product Design & Testing
      5.4.1 Global Product Design & Testing Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
5.5 Drafting & 3D Modeling
      5.5.1 Global Drafting & 3D Modeling Application Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
5.6 Others (3D Printing, Enterprise Resource Planning, Project Management, and Knowledge Management) 
      5.6.1 Global Other Applications Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 

Chapter 6 Global Engineering Software Market, By Geography
6.1 Overview
      6.1.1 Comparative Analysis: Global Engineering Software Market revenue, by Geography, 2014 and 2022 (Value %)
6.2 North America
      6.2.1 North America Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
      6.2.2 North America Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
      6.2.3 North America Hosted Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
6.3 Europe
      6.3.1 Europe Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
      6.3.2 Europe Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
      6.3.3 Europe Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
6.4 Asia Pacific (APAC) 
      6.4.1 APAC Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
      6.4.2 APAC Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
      6.4.3 APAC Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
6.5 Middle East and Africa (MEA) 
      6.5.1 Middle East and Africa (MEA) Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
      6.5.2 MEA Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
      6.5.3 MEA Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
6.6 Latin America
      6.6.1 Latin America Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
      6.6.2 Latin America Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
      6.6.3 Latin America Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 

Chapter 7 Company Profiles
7.1 Autodesk, Inc. 
7.2 Bentley Systems, Inc. 
7.3 Dassault Systemes, S.A. 
7.4 IBM Corporation
7.5 Geometric Ltd. 
7.6 Siemens PLM Software, Inc. 
7.7 SAP SE
7.8 Synopsys, Inc. 
7.9 PTC, Inc. 
7.10 Ansys, Inc. 
7.11 MSC Software Corporation
7.12 Aveva Group Plc

List of Figures

FIG. 1 Market Segmentation: Global Engineering Software Market
FIG. 2 Global Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) and Y-o-Y Growth (%)
FIG. 3 Global Engineering Software Market Revenue, by Geography, 2014 (US$ Bn) 
FIG. 4 Global Engineering Software Market Revenue, by Software Type, 2014 (US$ Bn) 
FIG. 5 Global Engineering Software Market Revenue, by Applications, 2014 (US$ Bn) 
FIG. 6 Percentage of Software-based Design Work, 2014
FIG. 7 Increasing Cloud Virtualization
FIG. 8 Global Smartphones Market, 2012 – 2022 (Mn Units) 
FIG. 9 Number of Hardware (in %) Used for Running Engineering Software Globally, 2014
FIG. 10 BRICS Countries Construction Industry Revenue, 2013 – 2020 (US$ Bn) 
FIG. 11 Global Trends with Above Average Adoption Rate of Engineering Software
FIG. 12 Global Trends with Below Average Adoption Rate of Engineering Software
FIG. 13 Competitive Positioning Of Key Players, 2014
FIG. 14 Comparative Analysis: Global Engineering Software Market revenue, by Software Type, 2014 and 2022 (Value %)
FIG. 15 Global Computer-Aided Designing (CAD) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 16 Global Computer-Aided Engineering (CAE) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 17 Global Computer-Aided Manufacturing (CAM) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 18 Global Architecture, Engineering and Construction (AEC) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 19 Global Electronic Design Automation (EDA) Software Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 20 Comparative Analysis: Global Engineering Software Market revenue, by Applications, 2014 and 2022 (Value %)
FIG. 21 Global Design Automation Application Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 22 Global Plant Design Application Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 23 Global Product Design & Testing Application Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 24 Global Drafting & 3D Modeling Application Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 25 Global Other Applications Revenue in Engineering Software Market, 2013 – 2022, (US$ Bn) 
FIG. 26 Comparative Analysis: Global Engineering Software Market revenue, by Geography, 2014 and 2022 (Value %)
FIG. 27 North America Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
FIG. 28 Europe Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
FIG. 29 APAC Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
FIG. 30 Middle East and Africa (MEA) Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 
FIG. 31 Latin America Engineering Software Market Revenue, 2013 – 2022, (US$ Bn) 

List of Tables

TABLE 1 Market Snapshot: Global Engineering Software Market, 2014 & 2022
TABLE 2 Major Construction Projects in the BRICS Region
TABLE 3 Major Construction Projects in the MENA and Developed Regions
TABLE 4 Impact Analysis: Drivers
TABLE 5 Impact Analysis: Restraints – Global Engineering Software Market
TABLE 6 North America Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
TABLE 7 North America Hosted Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
TABLE 8 Europe Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
TABLE 9 Europe Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
TABLE 10 APAC Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
TABLE 11 APAC Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
TABLE 12 MEA Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
TABLE 13 MEA Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 
TABLE 14 Latin America Engineering Software Market Revenue, by Software Type, 2013 – 2022, (US$ Bn) 
TABLE 15 Latin America Engineering Software Market Revenue, by Applications, 2013 – 2022, (US$ Bn) 

The global engineering software market defines the use of different software such as computer-aided designing (CAD) software, computer-aided engineering (CAE) software, computer-aided manufacturing (CAM) software, electronic design automation (EDA) software, and architecture, engineering, and construction (AEC) software. These softwares are utilized across various engineering disciplines, such as electronics and communication engineering, electrical engineering, process engineering, chemical engineering, and mechanical engineering.

This research study, entitled “Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2022”, provides strategic analysis of the global engineering software market along with the market growth (size in US$ Bn*) forecast for the period from 2015 to 2022. The report includes an in-depth analysis of the market drivers, restraints, opportunities, and industry trends. It also highlights the significant growth opportunities for engineering software in the next few years.

The report provides an extensive assessment of stakeholder strategies and the winning imperatives in the engineering software market and also analyzes the current and future engineering software market potential. The report segregates the engineering software market based on engineering software type and applications across different geographies, which include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America (LATAM).

The report segments the global engineering software market, on the basis of engineering software type, into computer-aided design (CAD) software; computer-aided engineering (CAE) software; computer-aided manufacturing (CAM) software; architecture, engineering, and construction (AEC) software; and electronic design automation (EDA) software. Furthermore, the global engineering software market is segmented by applications into design automation, plant design, product design & testing, drafting & 3D modeling, and other applications. The other applications segment includes 3D printing, enterprise resource planning, project management, and knowledge management.

The competitive positioning of key engineering software vendors in the global engineering software market mentioned in the report provides a detailed understanding of the various players in the market. The market position of the companies is identified based on factors such as product/service portfolio mix, geographic presence, tenure (duration of activity in the market), and their recent key developments. The competitive strategies implemented by leading engineering software vendors on a global scale are also provided in the report. The study analyzes the global engineering software market, and provides revenue estimates in terms of US$ Bn for the period from 2013 to 2022, wherein the forecasts are for the period from 2015 to 2022. The market forecasts are based on the analysis of existing dynamics and their potential future impact. Market estimates have been analyzed by taking into account the impact of various economic, political, technological, social, and legal factors, as well as the existing market dynamics influencing market growth.

The engineering software market is moderately fragmented in nature. Autodesk, Inc., Bentley Systems, Inc., Dassault Systemes S.A., IBM Corporation, Geometric Ltd., Siemens PLM Software, Inc., SAP SE, Synopsys, Inc., PTC, Inc., Ansys, Inc., and MSC Software Corporation are a few key players operating within the global engineering software market.

The global Engineering Software market is segmented as below:

Global Engineering Software Market, By Software Type
  • Computer-Aided Designing (CAD) Software
  • Computer-Aided Engineering (CAE) Software
  • Computer-Aided Manufacturing (CAM) Software
  • Architecture, Engineering and Construction (AEC) Software
  • Electronic Design Automation (EDA) Software
Global Engineering Software Market, By Applications
  • Design Automation
  • Plant Design
  • Product Design & Testing
  • Drafting & 3D Modeling
  • Others (3D Printing, Enterprise Resource Planning, Project Management, and Knowledge Management)
Global Engineering Software Market, By Geography
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America (LATAM)


 
 
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