Brazil Computer Aided Engineering Market Size & Outlook
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Brazil computer aided engineering market highlights
- The Brazil computer aided engineering market generated a revenue of USD 127.6 million in 2023 and is expected to reach USD 315.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Computer aided engineering market data book summary
| Market revenue in 2023 | USD 127.6 million |
| Market revenue in 2030 | USD 315.5 million |
| Growth rate | 13.8% (CAGR from 2024 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Ansys Inc, Altair Engineering Inc Class A, Autodesk Inc, Bentley Systems Inc Ordinary Shares - Class B, Dassault Systemes SE, Element Solutions Inc, Siemens AG, Hexagon AB ADR |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global computer aided engineering market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil computer aided engineering market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 315.5 million by 2030.
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Computer Aided Engineering Market Scope
Computer Aided Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Element Solutions Inc | View profile | 5300 | 500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, United States, 33394 | https://www.elementsolutionsinc.com |
| Autodesk Inc | View profile | 13700 | One Market Street, Suite 400, San Francisco, CA, United States, 94105 | https://www.autodesk.com |
| Ansys Inc | View profile | 6200 | 2600 ANSYS Drive, Canonsburg, PA, United States, 15317 | https://www.ansys.com |
| Bentley Systems Inc Ordinary Shares - Class B | View profile | 5200 | 685 Stockton Drive, Exton, PA, United States, 19341 | https://www.bentley.com |
| Dassault Systemes SE | View profile | 23811 | 10, Rue Marcel Dassault, Velizy-Villacoublay, France, 78140 | https://www.3ds.com |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| Altair Engineering Inc Class A | View profile | 3200 | 1820 East Big Beaver Road, Troy, MI, United States, 48083 | https://www.altair.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
Brazil computer aided engineering market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to computer aided engineering market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 73.51% in 2023. Horizon Databook has segmented the Brazil computer aided engineering market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil, as one of the largest economies in South America, presents a promising market for computer aided engineering solutions. The automotive industry in Brazil is a key driver of CAE adoption. CAE tools find application in automotive design and simulation, enabling manufacturers to optimize vehicle performance, improve safety features, and reduce product development cycles.
With Brazil being a significant player in the global automotive market, the adoption of CAE solutions is crucial for manufacturers to remain competitive and meet evolving consumer demands. The market is also supported by government initiatives such as The National System for Scientific and Technological Development (Sistema Nacional de Desenvolvimento Científico e Tecnológico) (SNPCT). SNPCT is a government-led initiative that aims to promote scientific and technological development in Brazil.
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Target buyers of Brazil computer aided engineering market databook
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Our clientele includes a mix of computer aided engineering market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil computer aided engineering market , including forecasts for subscribers. This country databook contains high-level insights into Brazil computer aided engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil Component - Computer Aided Engineering Market size, 2023 - 2030 (US$M)
Brazil Computer Aided Engineering Market Outlook Share, 2023 & 2030 (US$M)
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