Russia Computer Aided Engineering Market Size & Outlook
Related Markets
Russia computer aided engineering market highlights
- The Russia computer aided engineering market generated a revenue of USD 453.7 million in 2023 and is expected to reach USD 1,279.0 million by 2030.
- The Russia market is expected to grow at a CAGR of 16% 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 453.7 million |
| Market revenue in 2030 | USD 1,279.0 million |
| Growth rate | 16% (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, Russia accounted for 4.5% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Russia 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 72.8% in 2023. Horizon Databook has segmented the Russia computer aided engineering market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Over the past decade, Russia has been developing new standards for CAD electronics to replace existing ones. The country has witnessed a 19.4% increase in the total volume of state purchases of engineering software in 2021, 47.6% in the purchases of domestic engineering software, whereas only a 7.4% increase in the sales of foreign software.
Post the start of the Russia-Ukraine war, in March 2022, major CAE vendors, including Ansys, Autodesk, Aveva, and Intergraph, discontinued their operations in the Russian market. However, Bentley Systems has been offering its services in Russia.
Reasons to subscribe to Russia computer aided engineering market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Russia computer aided engineering market databook
-
Our clientele includes a mix of computer aided engineering market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Russia computer aided engineering market , including forecasts for subscribers. This country databook contains high-level insights into Russia computer aided engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Russia Component - Computer Aided Engineering Market size, 2023 - 2030 (US$M)
Russia Computer Aided Engineering Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
