Mexico Computer Aided Engineering Market Size & Outlook
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Mexico computer aided engineering market highlights
- The Mexico computer aided engineering market generated a revenue of USD 667.9 million in 2023 and is expected to reach USD 1,660.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 13.9% 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 667.9 million |
| Market revenue in 2030 | USD 1,660.2 million |
| Growth rate | 13.9% (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, Mexico accounted for 6.6% 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 North America, U.S. computer aided engineering market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,660.2 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 |
Mexico 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 72.84% in 2023. Horizon Databook has segmented the Mexico computer aided engineering market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
This region's thriving automobile and auto parts production sector has witnessed a massive demand for skilled workers and CAE software in recent years. CAE software has enabled engineers, designers, and analysts to simulate and improve product and process performance.
Altair Mexico, a subsidiary of Altair, offers comprehensive CAE open architecture solutions with high-performance computers and data analytics to the automotive, aerospace, and consumer electronics verticals and government and defense agencies in Mexico.
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Target buyers of Mexico 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 Mexico computer aided engineering market , including forecasts for subscribers. This country databook contains high-level insights into Mexico computer aided engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico Component - Computer Aided Engineering Market size, 2023 - 2030 (US$M)
Mexico Computer Aided Engineering Market Outlook Share, 2023 & 2030 (US$M)
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