From the documentation…
. Close all sessions and Quit Pro Tools.
2. Go to Control panel > select Programs and Features select Avid Video Engine then select Uninstall.
Install the Avid Video Engine from the Pro Tools Utilities.
1. Copy and Paste this to search C:\Program Files\Avid\Pro Tools\Pro Tools Utilities\Avid Video Engine
The Avid Video Engine Install Shield Wizard will popup then proceed to install.
I don’t have the Avid Video Engine in that folder…
...the same problem in this thread
https://duc.avid.com/showthread.php?t=421441