How Big is the Computer Aided Engineering Market | Forecast & Trends

Q: What is the current size of the computer-aided engineering market?

The computer-aided engineering market was valued at USD 9.3 billion in 2024 and is projected to reach USD 17.8 billion by 2031.

Q: What is the growth rate of the computer-aided engineering market?

The market is anticipated to grow at a CAGR of 9.6% between 2025 and 2031.

Q: Which components contribute the most to the computer-aided engineering market?

Simulation software, cloud-based CAE platforms, and integrated CAD-CAE tools are major contributors.

Q: What is driving demand in the computer-aided engineering market?

Demand is driven by virtual testing needs, product development efficiency, and design accuracy.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5833

Publication Date: Jul 2025

How big is the Computer-Aided Engineering Market?

According to 6Wresearch internal database and industry insights, Global computer-aided engineering market was valued at approximatelyUSD 9.3 billion in 2024 and is projected to reachUSD 17.8 billion by 2031, growing at aCAGR of 9.6% during the forecast period.

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The market is expanding steadily due to rising demand for simulation and analysis tools in product design, performance testing, and cost-efficient engineering across industries.

Key Growth Drivers of the Computer-Aided Engineering Market

Growing adoption of digital prototyping and virtual testing
Increased demand for reducing product development time and cost
Expansion of electric vehicle and aerospace industries
Integration of AI and machine learning with engineering simulations
Rising focus on structural, thermal, and fluid dynamics analysis

Computer-Aided Engineering Market Trends

The computer-aided engineering market is witnessing strong momentum as industries transition to virtual product development. CAE tools are increasingly used to perform finite element analysis (FEA), computational fluid dynamics (CFD), and multibody dynamics (MBD) simulations. Companies are leveraging these tools to optimize performance, predict failures, and minimize physical prototyping. Cloud-based CAE platforms are gaining traction for their scalability, remote access, and real-time collaboration features. Integration with PLM and CAD software is streamlining the design-to-simulation workflow.

Emerging Developments in the Computer-Aided Engineering Market

Computer-Aided Engineering Market is advancing through AI-powered simulation, generative architecture, and real-time data connection through IoT-connected gadgets. Vendors are working on simple-to-use interfaces and automation functions that enable the non-expert to access CAE. GPU acceleration and high-performance computing are giving rise to more rapid simulations of complex situations. Industry specific CAE solutions are being nurtured on the basis of strategic alliances made between software companies and OEMs.