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Computer-aided Engineering Software Market in China 2011-2015

China CAE software market to hit CAGR of 17.7% between 2011 and 2015

The CAE Software market in China is to grow at a CAGR of 17.7 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in outsourcing of manufacturing processes to China. The CAE Software market in China has also been witnessing the increasing adoption of cloud-based CAE software. However, the easy availability of open-source software could pose a challenge to the growth of this market.

Vendors are offering cloud-based Computer-aided Engineering (CAE) software with high-performance computing features that are more advanced than desktop CAE software. Cloud-based high-performance computing features allow users to use more computing resources in a much more controlled environment than before. Moreover, the usage of high-performance computing capabilities is expected to reduce the security threats in the cloud. Thus, this is one of the important trends in the CAE Software market in China.

The surge in the manufacturing activities being outsourced to China is one of the major drivers in the CAE Software market in China. The main reasons for the increasing outsourcing of manufacturing activities to China are the easy availability of low-cost labor and the Governments policies. China is the most favored destination among several countries when it comes to the outsourcing of manufacturing activities. For instance, many automobile manufacturers have set up their production plants in China to optimize their production processes.

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