Global CAE Market for Machinery: Key Research Findings 2018
Yano Research Institute (the President, Takashi Mizukoshi) has conducted a survey on the global CAE market for machinery which has been stable in 2017 and has clarified the future outlook.
The global market size of CAE for machinery in 2017 has risen by 6.7% from the previous year to achieve US$ 3,365 million, based on the sales at businesses. Manufacturers around the world have continued vigorous investment in facilities and equipment with the backdrop of strong economy.
Use of open-source software has been in progress in CAE for machinery. CAE makers and vendors are required to shift their mainstream business from licensing to services. Also, they may need to develop new business models as they need to shift to the platform to use cloud computing which leads them to be SaaS-available.
For the mid-term prospects, CAE for machinery is likely to continue growing stably, with the global CAE market for machinery, based on the sales of the businesses, expected to attain US$4,400 million by 2020. However, since the market of CAE for machinery has already matured, the growth rate of the market is likely to gradually scale down beyond 2020.
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