Computer Aided Engineering (CAE) Software Market in Australia 2009-2013

Published: April 2010
No. of Pages: 21

A Computer-Aided Engineering (CAE) software includes computer-based analysis tools used for optimizing engineering tasks at every level of a product life cycle. The CAE software and services are now utilized in many industry segments, such as aerospace and automotive segments along with the traditional manufacturing segment. Further, they are being deployed by medical device manufacturers, consumer products, electronics, and process manufacturing industries. In addition, scientific researchers have also begun to adopt CAE solutions to complement their analytical and experimental approaches.
A CAE software helps in optimizing the product designs based on the customer and engineering requirements. Also, it tests the product performance virtually. Further, the implementation of CAE software enables the organization to meet customer expectations, since it helps in predicting and accommodating real-world conditions, and sharing the results. Moreover, these organizations are benefited with the generation of sensitivity reports that describe the impact of changes on the product performance. This enables the organizations to take better decisions, based on the product performance reports. Thus, a CAE software helps in optimizing product designs to achieve a desired real-world performance.
Many design and manufacturing organizations have been using CAE tools earlier in the product development process, with some even utilizing them in the conceptual phase

Published By: Technavio
Product Code: Infiniti Research1651

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