Increasing demand for simulation and analysis software market from automotive industry is expected to offer
numerous growth opportunities for industry players over the next seven years. Factors responsible for sustained
market growth, in the recent years, include large number of production lines in automotive manufacturing from Asia
Pacific region and rising number of vehicles sales each year across the globe. Additionally, increasing investment by
leading industry players to promote adoption of advanced vehicle simulation systems is expected drive the growth of
the market over the forecast period. Increasing vehicle manufacturing in the Asia-Pacific region and growing
penetration of automotive sector in both developing and developed economies are predicted to foster market
expansion in the upcoming years.
The market is broadly categorized into three major segments based on the application type such as automotive
industry, electrical and electronics industry, and aerospace and defense industry. The automotive industry is
considered as one of the fastest growing segment in the market with substantial revenue generation in the last few
years. Growing popularity of simulation and analysis software market in the automotive segment is attributed to the
reduction in time & costs during product designing.
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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies in automotive &
defense sector, increase in the number of research & development activities in the region and existence of well-
established IT infrastructure. Asia-Pacific region is predicted to hold major market share in the simulation and analysis
software market with massive growth in forecast period.
Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth in the
region, rapid growth of automotive sector, and significant investment by leading industry players considering potential
growth opportunities in the region. The key players in the simulation and analysis software market are ANSYS, Inc.,
The MathWorks, Inc., Siemens PLM Software Co., Dassault Systèmes SE, and Altair Engineering, Inc.
Market Segment:
This report studies the global Simulation and Analysis Software market, analyzes and researches the Simulation and
Analysis Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
This report focuses on the top players in global market, like
• Ansys
• CD-adapco
• Dassault Systemes