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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.Com, November 26, 2014 ) Dallas, TX -- Finite element analysis (FEA) is a software used in engineering, which aims to evaluate the functionality of a product design before its prototypes are produced. FEA software is used in Manufacturing industries for the estimation of structural strength and behavior, modeling, simulation, and design optimization. The use of FEA software enables the end-user to produce quality products, reduce cost, enhance product design, and achieve faster product development time. It is used across Automotive, Aerospace and Defense, Electrical and Electronics, and Industrial Machinery industries.
Analysts forecast the FEA Software market in North America to grow at a CAGR of 8.62 percent over the period 2013-2018.
Covered in this Report
The FEA Software market in North America can be segmented into five end-user segments: Automotive Industry, Electrical and Electronics Industry, Industrial Machinery Industry, Aerospace and Defense Industry, and Others.
FEA Software Market in North America 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on North America; it covers the FEA Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Vendors
• Ansys
• Dassault Systemes
• MSC Software
Other Prominent Vendors
• Autodesk
• Altair Engineering
• AspenTech
• CD-adapco
• COMSOL
• ESI
• Exa
• Siemens PLM Software
Market Driver
• Increased Adoption of Virtual Product Development Environment
Market Challenge
• High Technical Complexities
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Market Trend
• Use of FEA Software in Creating Special Effects in Feature Films
Key Questions Answered in this Report
• What will the market size be in 2018 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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RnR Market Research
Ritesh Tiwari
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Source: EmailWire.Com
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