The CAE market is projected to grow from USD 12.28 billion in 2025 to USD 19.96 billion by 2030 at a compound annual growth rate (CAGR) of 10.2% during the forecast period. A key driver of the market is the growing demand for simulation-driven design to accelerate product development, reduce costs, and enhance product performance. Leading companies like Ansys, Dassault Systèmes, Siemens, and MathWorks are enabling this shift by offering advanced simulation tools that allow virtual testing of components under real-world conditions. These tools help engineers identify design flaws early, optimize performance, and reduce reliance on costly physical prototypes, driving faster and more efficient product innovation across industries.
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What is CAE?
According to MnM, “Computer Aided Engineering (CAE) encompasses the entire product engineering process, from design and virtual testing to manufacturing planning. Initially based on finite element methods, CAE now integrates a wide range of performance analysis techniques, including structural, thermal, electromagnetic, aeronautic, and acoustic simulations. By leveraging advanced analytical algorithms, CAE streamlines product development and enhances the efficiency of the manufacturing process.”
Partnerships, agreements, collaborations, acquisitions, and product launches are various growth strategies these players use to increase their market presence.
Dassault Systèmes (France) is a pioneering leader in computer-assisted design and project lifecycle management solutions, serving as a catalyst for human progress. The company excels in creating collaborative virtual environments, empowering businesses and individuals to visualize sustainable innovations. Leveraging its acclaimed 3DEXPERIENCE platform and applications, Dassault Systèmes offers real-time insights into diverse business ecosystems. This enables the development of 3D simulation applications, virtual product twins, collaborative tools, and intelligent information systems. Serving aerospace, defense, transportation, and energy industries, the company boasts a global presence across the Americas, Europe, Africa, the Middle East, and Asia Pacific.
Autodesk (US) is one of the leading providers of innovative technology solutions for the 3D design, engineering, and entertainment industries. Catering to various sectors, including architecture, engineering, construction, product design, manufacturing, and digital media, the company offers a comprehensive suite of cutting-edge software and services. Notable products in its portfolio include AutoCAD Civil 3D, Fusion 360, Maya, and 3ds Max software.
In the CAE space, Autodesk offers Fusion 360, a comprehensive CAE software solution that allows engineers to perform in-depth simulations and analyses, improving product performance and reliability. Through its extensive network of resellers, distributors, and an online Autodesk store, the company efficiently serves clients across the Americas, Asia Pacific, Europe, the Middle East, and Africa. With its establishment in 1982, Autodesk continues to empower professionals with design, simulation, visualization, and collaboration tools, thereby revolutionizing industries and shaping the future of digital creativity and innovation.
Ansys (US) Ansys is a global leader in engineering simulation, offering a comprehensive suite of CAE tools that help organizations optimize product design and performance across industries such as aerospace, automotive, energy, and electronics. Its software enables advanced multiphysics simulations, including structural mechanics, fluid dynamics, electromagnetics, and thermal analysis. Ansys is widely recognized for accelerating innovation cycles and reducing prototyping costs, making it a cornerstone in digital engineering strategies worldwide.
Hexagon AB (Sweden) Hexagon AB, through its Manufacturing Intelligence division, plays a significant role in the CAE market by integrating simulation software with metrology and production technologies. The company offers solutions for structural, thermal, and fluid simulation, supporting industries like automotive, aerospace, and heavy machinery. Hexagon’s acquisition of CAE vendors like MSC Software has strengthened its portfolio, enabling engineers to validate and optimize designs with high precision and efficiency.
Siemens (Germany) Siemens, via its Digital Industries Software arm, is a key innovator in the CAE market with its Simcenter suite. This platform provides simulation and test solutions that integrate seamlessly with digital twin strategies, covering structural, thermal, acoustic, and fluid dynamic analyses. Siemens empowers manufacturers to predict product behavior more accurately, reduce development cycles, and improve quality—all within a unified digital engineering environment that supports end-to-end product lifecycle management.
Market Ranking
The CAE market is highly fragmented, with five major players— Ansys, Dassault Systèmes, MathWorks, Siemens, and Keysight—collectively accounting for 50–55% of the total market share. Ansys leads with its broad portfolio of simulation solutions, including structural, thermal, fluid, and multiphysics analysis, which are widely adopted across the aerospace, automotive, and electronics sectors. Dassault Systèmes offers robust CAE capabilities through its SIMULIA brand, integrated within the 3DEXPERIENCE platform to support end-to-end product development. MathWorks, a key market player, provides its MATLAB and Simulink platforms, which are widely used for modeling, simulation, and control system design in academia and industry. Siemens, through its Simcenter suite, provides advanced simulation tools that combine physics-based and data-driven engineering for predictive performance. Keysight Technologies enhances CAE adoption in electronics and communication sectors with its electronic design automation (EDA) tools, supporting high-frequency, signal integrity, and RF simulations. The remaining market share is held by regional and niche players, as the demand for simulation-driven design and digital engineering continues to grow globally.
Related Reports:
Computer Aided Engineering (CAE) Market by Software (FEA, CFD, Multibody Dynamics (MBD), Electromagnetics, Optimization & Simulation), Service, Vertical (Automotive, A&D, Healthcare & Life Sciences, Energy & Process), Region - Global Forecast to 2030
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