Latest news with #smartmanufacturing
Yahoo
3 days ago
- Business
- Yahoo
Computer-aided Engineering (CAE) Market worth $19.96 billion by 2030
DELRAY BEACH, Fla., July 21, 2025 /PRNewswire/ -- According to MarketsandMarkets™, the Computer-aided Engineering (CAE) Market is projected to grow from USD 12.28 billion in 2025 to USD 19.96 billion by 2030 at a compound annual growth rate (CAGR) of 10.2% during the forecast period. The growing adoption of digital twin technology and smart manufacturing is boosting the demand for CAE solutions. CAE tools enable real-time simulation and predictive analysis, making them essential for optimizing processes and ensuring product reliability in Industry 4.0 environments. Browse in-depth TOC on "Computer-aided Engineering (CAE) Market" 350 – Tables 50 - Figures400 – Pages Download PDF Brochure @ Scope Of the Report Report Metrics Details Market size available for years 2019-2030 Base year considered 2024 Forecast period 2025–2030 Forecast units Value (USD Million/USD Billion) Segments covered By Offering, Deployment Mode, Organization Size, Vertical, and Region. Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America Companies covered Major market vendors include Ansys (US), Autodesk (US), Dassault Systèmes (France), Hexagon AB (Sweden), Siemens (Germany), MathWorks (US), PTC (US), COMSOL (Sweden), Keysight US), Honeywell (US), Bentley Systems (US), Emerson (US), AspenTech (US), CAE, Inc. (Canada), SimScale (Germany), Gamma Technologies (US), Tecosim (Germany), Echleon CAE (Germany), ESPL (India), BETA CAE Systems (Switzerland), Prometech Software (Japan), Rescale (US), ESRD (US), nTopology (US), SimulationsPlus (US), Rafinex (Luxembourg), AirShaper (Belgium), and ToffeeX (UK). Based on software tools, Finite Element Analysis (FEA) segment to lead market during forecast period Based on software tools, the Finite Element Analysis (FEA) segment is expected to hold the largest market share during the forecast period. Its widespread use in structural, thermal, and fluid dynamics simulations across industries, particularly automotive, aerospace, and heavy equipment, drives its dominance. FEA's capability to simulate real-world conditions such as stress, vibration, and thermal effects makes it a critical tool for enhancing product design, performance, and regulatory compliance. Request Sample Pages@ By deployment mode, cloud segment to account for largest market size during forecast period The cloud segment is estimated to hold the largest market size by deployment mode during the forecast period. The shift toward cloud-based CAE is driven by its scalability, lower upfront costs, ease of collaboration, and access to high-performance computing without significant infrastructure investments. It enables faster simulation cycles and supports remote engineering teams, improving productivity. Additionally, integration with AI and real-time analytics on cloud platforms is further boosting adoption. By region, Asia Pacific market to register highest CAGR during forecast period Based on region, the Asia Pacific market is projected to witness the highest CAGR during the forecast period. Rapid industrialization, increasing investments in automotive and electronics manufacturing, and the adoption of digital engineering tools across emerging economies like China, India, and Singapore are fueling this growth. The region also benefits from a growing pool of skilled engineers and expanding local CAE software providers, enhancing market penetration. Additionally, rising demand for consumer electronics and electric vehicles is boosting the need for advanced simulation tools. Collaboration between academia and industry is further driving innovation and CAE adoption. Inquire Before Buying@ Top Key Companies in Computer-aided Engineering (CAE) Market: Ansys (US), Autodesk (US), Dassault Systèmes (France), Hexagon AB (Sweden), Siemens (Germany), MathWorks (US), PTC (US), COMSOL (Sweden), Keysight US), Honeywell (US), Emerson (US), AspenTech (US), CAE, Inc. (Canada), SimScale (Germany), Gamma Technologies (US), Tecosim (Germany), Echleon CAE (Germany), ESPL (India), BETA CAE Systems (Switzerland), Prometech Software (Japan), Rescale (US), ESRD (US), nTopology (US), SimulationPlus (US), Rafinex (Luxembourg), AirShaper (Belgium), and ToffeeX (UK) are the key players and other players in the CAE Market. Browse Adjacent Markets: Software and Services Market Research Reports & Consulting Related Reports: Product Engineering Services Market - Global Forecast to 2030 Marketing Automation Market - Global Forecast to 2030d Facility Management Market - Global Forecast to 2030 Battery Simulation Software Market - Global Forecast to 2030 Game-Based Learning Market - Global Forecast to 2030 Get access to the latest updates on Computer-aided Engineering Companies and Computer-aided Engineering Industry About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Tahawul Tech
3 days ago
- Business
- Tahawul Tech
Honeywell and LG CNS focus on automation and intelligence
LG CNS, a digital transformation and innovation business based in South Korea, has recently established a foothold in the US through a deal to jointly develop AI-related smart manufacturing technologies with automation company Honeywell. LG CNS is becoming an official Honeywell AI and IT service partner to focus on so-called AX technologies covering factory automation and intelligence. The company stated it is the first South Korean business to tie-up with the US giant. The collaboration is set to pair LG CNS' expertise in AX consulting and service creation with Honeywell's knowledge of producing sensors and control equipment. The companies intend to develop a multi-sector manufacturing execution system (MES) to manage facilities, processes and personnel in real time. There are also plans to explore fresh fields in production and logistics based on a programme LG CNS is engaged in with customers in its domestic market. It mentioned an agentic AI set-up which is used to assess factory plans for risks. LG CNS and Honeywell intend to sell their AX technology globally using the US company's base of more than 100 large customers. But LG CNS president and CEO Hyun Shin-kyun emphasised the initial focus is on breaking the US market, saying the collaboration 'is the first step for both companies to think together and seek technological solutions' for manufacturers in the country. Source: Mobile World Live Image Credit: Stock Image
Yahoo
3 days ago
- Automotive
- Yahoo
NWTN (NWTN) Announces Execution of Agreement With SEET LLC
NWTN Inc. (NASDAQ:NWTN) is one of the The company announced the execution of an agreement with SEET LLC, which is a subsidiary of Medad Holding, a leading investment institution in the UAE. NWTN Inc. (NASDAQ:NWTN) and SEET signed a share purchase agreement according to which the latter will invest US$100 million for the acquisition of newly issued NWTN shares. A lithium battery recharging a fleet of electric vehicles in a parking lot. Furthermore, SEET and its affiliated companies will partner with NWTN Inc. (NASDAQ:NWTN) in strategic initiatives such as urban mobility, AI, smart energy, and blockchain technology etc. The investment will strengthen NWTN Inc. (NASDAQ:NWTN)'s position as a UAE leader in clean energy, mobility, and high-end manufacturing. Notably, SEET and Medad Group's other investments remain highly complementary with NWTN's strength in smart manufacturing as well as accessibility to global technology, added NWTN Inc. (NASDAQ:NWTN)'s management. NWTN Inc. (NASDAQ:NWTN) and W Motors Automotive Group Holding Limited announced a strategic JV targeted at expanding their automotive business across diverse mobility projects. Notably, the partnership is expected to combine NWTN Inc. (NASDAQ:NWTN)'s network and access with W Motors' design and technology excellence. NWTN Inc. (NASDAQ:NWTN) is a green energy company that is focused on offering passenger-focused, premium EV products and green energy solutions to customers. While we acknowledge the potential of NWTN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Oppenheimer Raises PTC (PTC) Price Target, Maintains Outperform Rating
PTC Inc. (NASDAQ:PTC) is one of the Best Industrial Automation Stocks to Buy for the Next Decade. Oppenheimer has raised its price target on PTC Inc. (NASDAQ:PTC) to $190 from $170, maintaining an Outperform rating on the stock. The upward revision reflects improved market multiples and optimism surrounding PTC's go-to-market (GTM) execution and AI integration plans. Following a recent conversation with PTC's management, Oppenheimer noted that the company's current guidance appears appropriately calibrated to the broader macroeconomic environment. While PTC Inc. (NASDAQ:PTC) remains cautious amid global trade uncertainties, the firm sees a strong foundation for long-term growth. Analysts pointed to steady customer retention, despite a slight uptick in churn. Pricing remains an area with potential upside, as the company adjusts its sales structure and strategy. Oppenheimer believes the ongoing GTM transition will ultimately improve sales productivity and customer acquisition efficiency. PTC has continued investing in its core digital thread technologies, including CAD, PLM, and IIoT platforms, which are increasingly enhanced by AI. These tools are critical for automating product development, manufacturing workflows, and real-time data analysis across industrial sectors. With its customer base concentrated in engineering, automotive, and heavy industry, PTC is positioned to benefit from accelerating demand for smart manufacturing solutions and digital automation. PTC powers industrial automation through software platforms that integrate CAD, IoT, and AI to streamline manufacturing, engineering, and product lifecycle management. While we acknowledge the potential of PTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Non-Mega Cap NASDAQ Stocks to Buy Right Now and 13 Cheap Stocks Under $50 to Buy Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Automotive
- Yahoo
KeyBanc Raises Lincoln Electric (LECO) Price Target, Maintains Overweight Rating
Lincoln Electric Holdings (NASDAQ: LECO) is one of the Best Industrial Automation Stocks to Buy for the Next Decade. Lincoln Electric Holdings (NASDAQ: LECO) received a price target increase from KeyBanc this week, with analyst Jeffrey Hammond raising the target from $225 to $250 while maintaining an Overweight rating on the shares. The move reflects optimism around the company's strong position in automated welding solutions and the continued growth in demand across industrial end markets. The updated valuation follows solid execution by Lincoln Electric in expanding its automation portfolio and enhancing profitability through a mix of product innovation and disciplined cost management. Analysts note the company's exposure to reshoring trends and increased capital spending in U.S. manufacturing as key drivers of long-term revenue growth. Shares of Lincoln Electric have gained momentum in recent months, outperforming peers amid rising investment in smart factory infrastructure and robotics. The company's focus on automation-enabling technologies positions it to benefit from both near-term industrial recovery and long-term modernization efforts. Lincoln Electric produces robotic welding systems and automation tools central to smart manufacturing, making it a core industrial automation stock. While we acknowledge the potential of LECO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Non-Mega Cap NASDAQ Stocks to Buy Right Now and 13 Cheap Stocks Under $50 to Buy Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
