Albany, NY -- (SBWIRE) -- 10/03/2016 -- Factors like increased M&A and partnership between resellers and original Computer-aided Engineering (CAE) providers and between resellers contributed to the growth of the market. The M&A and partnership led to an increase in the presence of large of number of VARs in the market. Intense competition among these VARs leads to innovative value addition to the CAE software. VARs are providing low cost consultation, training, and certification services along the software package in the market.

The Global CAE Market for VARs to grow at a CAGR of 11.38% during the period 2016-2020. The report covers the present scenario and the growth prospects of the Global CAE Market for VARs 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of FEA and CFD.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global CAE Market for VARs 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ANSYS, Inc.
- CD-Adapco
- Dassault Systmes SE
- Mentor Graphics, Inc.
- OpenCFD Ltd.
- Siemens PLM Software
- PTC, Inc.

Market driver
- Increased partnership between vendors and resellers
- For a full, detailed list, view our report

Market challenge
- Direct configuration using cloud CAE
- For a full, detailed list, view our report

Market trend
- Increase in adoption of CFD for battery designing
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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