TechNavio’s analysts forecast the Computer-aided Engineering (CAE) market in Australia to reach US$21.01 million by 2016. One of the key factors contributing to this market growth is need for product differentiation. The CAE market in Australia has also been witnessing increasing adoption of integrated CAE software applications. However, need for high levels of initial investment could pose a challenge to the growth of this market.
TechNavio’s report, the Computer-aided Engineering Market in Australia, has been prepared based on an in-depth market analysis of the market with inputs from industry experts. The report focuses only Australia; it also covers the CAE market in Australia landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Ansys Inc., Dassault Systèmes SA, MSC Software Corp., and CD-adapco Group.
Other Vendors: Altair Engineering Inc., COMSOL Inc., LMS International NV, Rockfield Technologies Australia Pty. Ltd. Strand7 Pty. Ltd., and Siemens PLM Software Inc.
Key questions answered in this report:
What will the market size be in 2016 and at what will be the growth rate?
What are the key trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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