Computer-Aided Engineering Market Size, Share and Forecasts, 2016 to 2020

Technavio Announces the Publication of its Research Report Global CAE Market for VARs 2016-2020

Technavio recognizes the following companies as the key players in the Global CAE Market for VARs: ANSYS, CD-Adapco, Dassault Systèmes, Mentor Graphics, OpenCFD, PTC, and Siemens PLM Software.

Commenting on the report, an analyst from Technavios team said: One trend spurring growth in this market is the increase in adoption of CFD for battery designing. The increase in the number of electric vehicles is becoming a trend in the automotive industry. For vehicle manufacturers, the spending on R&D has increased to a great extent for manufacturing vehicles with higher fuel efficiency. They are complying with the set standards and ensuring there is no increase in the total cost of the vehicle. This has resulted in many vehicle manufacturers focusing on the development of electric vehicles.”

Browse full report with TOC@ https://marketreportscenter.com/reports/403893/global-computer-aided-engineering-market-for-value-added-resellers-2016-2020

According to the report, one driver that will lead to the growth of this market is the formation of new partnership between vendors and resellers. The global CAE market for VARs experiences an increase in partnership between CAE vendors and resellers. With the partnership, original CAD providers sold their products across many regions both cities and remote areas based on requirements. For instance, CAE software is made available in India through VARs. PTC and ANSYS have formed a partnership with ARK Infosolutions to sell their product.

Further, the report states that a major challenge for this market is the preference for direct configuration using cloud CAE. Cloud CFD and Cloud FEA pose a serious threat to resellers. End-users can directly configure the software package required from a vendor using the cloud window without the need for an intermediary such as a VAR. Lower CAPEX is another major factor driving the cloud CAE...