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Computer aided engineering (cae) market size to reach $11.1 billion by 2023 according to new research report

Industrial Market Research

The Global Computer Aided Engineering Market is attain to reach a market size of $11.1 billion by 2023


According to a new report Global Computer Aided Engineering (CAE) Market, published by KBV research, the Global Computer Aided Engineering (CAE) Market size is expected to reach $11.1 billion by 2023, rising at a market growth of 10.7% CAGR during the forecast period.

The Europe market holds the largest market share in Global Finite Element Analysis Computer Aided Engineering Make an Inquiry about this newsMarket by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.7 % during the forecast period. The North America market is expected to witness a CAGR of 10.4% during (2017 – 2023) in Global Computational Fluid Dynamics Computer Aided Engineering Market.

Additionally, The Asia Pacific market is expected to witness a CAGR of 13.3% during (2017 – 2023) in Global Multibody Dynamics Computer Aided Engineering Market.