Italy Computer Aided Engineering Market Size & Outlook
Related Markets
Italy computer aided engineering market highlights
- The Italy computer aided engineering market generated a revenue of USD 147.7 million in 2023 and is expected to reach USD 354.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 13.3% 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 147.7 million |
| Market revenue in 2030 | USD 354.0 million |
| Growth rate | 13.3% (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, Italy accounted for 1.5% 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 Europe, Germany computer aided engineering market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 1,279.0 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 |
Italy 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 72.58% in 2023. Horizon Databook has segmented the Italy computer aided engineering market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The increased demand for the design, simulation, engineering, design analysis, and manufacture of industrial equipment in Italy has fueled the demand for CAE software. CAE software products enable engineers to analyze early designs and resolve issues to arrive at an improved product design.
Machine engineers can use CAE tools to identify the circumstances in which they can anticipate that their designs will function correctly, as well as the tolerance limits that, if surpassed, will likely result in product failure.
The patterns are also modeled using CAE software. For instance, CAD software enables the designer to understand the model and analyze how one element will react to other new or existing parts for strength and stress. It allows the designer to visualize the exact geometric features of a robotic product from all focal lengths.
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Target buyers of Italy 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 Italy computer aided engineering market , including forecasts for subscribers. This country databook contains high-level insights into Italy computer aided engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy Component - Computer Aided Engineering Market size, 2023 - 2030 (US$M)
Italy Computer Aided Engineering Market Outlook Share, 2023 & 2030 (US$M)
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