|By PR Newswire||
|April 16, 2014 02:02 AM EDT||
DUBLIN, April 16, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/2bhczq/cae_market_in) has announced the addition of the "CAE Market in India" report to their offering.
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The analysts forecast the CAE market in India to grow at a CAGR of 16.14 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to reduce the time-to-market. The CAE market in India has also been witnessing the increasing adoption of integrated CAE software. However, the high initial investment could pose a challenge to the growth of this market.
The report, CAE Software Market in India, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the CAE market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Some of the large CAE vendors in the market have recently started providing CAE software integrated with several other PLM tools to improve both the efficiency and the effectiveness of the product development cycles. Many customers prefer this integrated software as it reduces the product development cycle time and simultaneously increases its efficiency.
For instance, some of the CAE vendors offer tools that can be integrated with a variety of analysis and design software such as CAD. Thus, customers have realized the benefits of having integrated product development cycles, which leads to a demand for integrated CAE software in the market.
According to the report, one of the major drivers in the market is the increased need to reduce the time-to-market. CAE helps improve the time-to-market of a product by reducing the product development cycle time and the testing time. It also improves the speed of the product design process and reduces the product analysis time using simulated models.
Further, the report states that the high initial investment is one of the major challenges in the market. Many SMEs are finding it difficult to adopt CAE tools because of the high initial investment. Additionally, many commercial users are adopting several open source CAE tools rather than investing a large amount of money in commercial licenses.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Market Segmentation by Product
8. Market Segmentation by End-users
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- Altair Engineering Inc.
- Ansys Inc.
- AspenTech Ltd.
- CAXA Technology Co. Ltd.
- CD-adapco Ltd.
- COMSOL Inc.
- Dassault Systèmes SA
- ESI Group
- Flow Science Inc.
- LMS International
- MSC Software Corp.
- Siemens PLM Software Inc.
- Vero Software plc.
For more information visit http://www.researchandmarkets.com/research/2bhczq/cae_market_in
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets