|By PR Newswire||
|April 17, 2014 02:21 AM EDT||
DUBLIN, April 17, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/jqxrpr/cae_market_in) has announced the addition of the "CAE Market in EMEA Region 2014-2018" report to their offering.
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The analysts forecast the CAE market in the EMEA region to grow at a CAGR of 10.28 percent over the period 2014-2018. One of the key factors contributing to this market growth is the need to reduce the time-to-market. The CAE market in the EMEA region has also been witnessing the development of integrated CAE software. However, the increased threat from open-source CAE software could pose a challenge to the growth of this market.
The report, the CAE Market in the EMEA Region 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the EMEA region; it also 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 effectiveness of the product development cycle. Many customers prefer this integrated software as it reduces the product development cycle time, and simultaneously increases its efficiency.
For instance, some 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 an integrated product development cycle, which is leading to a demand for integrated CAE software in the market.
According to the report, the need to reduce time-to-market is one of the major drivers in the market in the region. Organizations need shorter product development cycles to compete in a competitive business environment. CAE helps improve the time-to-market of a product by reducing the product development cycle time and testing time.
Further, the report states that one of the major challenges in the market is the increased threat from open-source CAE software. Many commercial users are adopting open-source CAE tools rather than investing a large amount of money in commercial licenses. Additionally, market customers are facing a challenge in terms of the lack of knowledge and expertise in CAE software.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Market Segmentation by Product
08. Market Segmentation by End-users
09. Geographical Segmentation
10. CAE Market in Europe
11. CAE Market in the Middle East
12. CAE Market in Africa
13. Buying Criteria
14. Market Growth Drivers
15. Drivers and their Impact
16. Market Challenges
17. Impact of Drivers and Challenges
18. Market Trends
19. Trends and their Impact
20. Vendor Landscape
21. Key Vendor Analysis
22. Other Reports in this Series
- Altair Engineering Inc.
- Ansys Inc.
- AspenTech Ltd.
- Bentley Systems Inc.
- Blue Ridge Numerics Inc. (Autodesk Inc.)
- CD-adapco Group
- COMSOL Inc.
- Computational Engineering International Inc.
- Dassault Systèmes SA
- ESI Group SA
- Electro Source Inc.
- Entecho Pty Ltd.
- Exa Corp.
- Flow Science Inc.
- Future Facilities Ltd.
- LMS International NV (Siemens PLM Software Inc.)
- Mentor Graphics Corp.
- NEi Software Inc.
- No Limits Software Inc.
- Numeca International Inc.
- Purkay Laboratories
- Visual Collaboration Technologies Inc.
- MSC Software Corp.
For more information visit http://www.researchandmarkets.com/research/jqxrpr/cae_market_in
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets