2012-12-11 18:54:16 - Computer-aided Engineering (CAE) Software Market in Korea 2009-2013 - a new market research report on companiesandmarkets.com
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, 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, the CAE software helps in optimizing product designs to achieve a desired real-world performance.
Many organizations are now introducing CAE software earlier in the design phase. This helps streamline products as they are developed. Further, it helps in detecting the errors and correcting them immediately. Moreover, by applying CAE early in the design phase, it can be used to solve optimization problems that can drastically reduce costs and improve user satisfaction.
This report by TechNavio Insights highlights the current and future market potential of the CAE Software market in Korea. Further it discusses trends, drivers, growth inhibitors. It also profiles a few major vendors in the market.
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