Thursday, 9 March 2017

Finite Element Analysis Market to Grow at a CAGR of 13.03% During the Period 2016-2020

Finite element analysis helps to evaluate the functionality of a given product design before its prototype is produced. It is used in various manufacturing industries for estimation of structural strength and behavior, modeling, simulation, and design optimization.

The report analysts forecast the global finite element analysis (FEA) market to grow at a CAGR of 13.03% during the period 2016-2020.

Covered in this report:

The report covers the present scenario and the growth prospects of the global finite element analysis (FEA) market for 2016�. To calculate the market size, the report considers the revenue generated from the sales of FEA software only.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • Europe
  • ROW
Finite Element Analysis (FEA) Market 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
  • Dassault Systemes
  • MSC Software
  • Siemens PLM Software
Other prominent vendors
  • Altair
  • Aspen Technology
  • Autodesk
  • CD-adapco
  • ESI
  • Exa
Market driver
  • Increase in adoption of cloud-based FEA software
  • For a full, detailed list, view our report
Market challenge
  • Delivery of limited FEA service packages
  • For a full, detailed list, view our report
Market trend
  • Increase in outsourcing of FEA pre-processing to APAC
  • 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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