Global FEA Market in the Aerospace and Defense Industry 2015-2019

Nov 16, 2015, 14:06 ET from Reportlinker

NEW YORK, Nov. 16, 2015 /PRNewswire/ -- About FEA
FEA, a software used in engineering, 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 behaviour, modeling, simulation, and design optimization. This software helps end-users to produce quality products, reduce cost, provide better product design, and fasten the product development time. It is used in the automotive, aerospace and defense, electrical and electronics, and industrial machinery industries.

Technavio's analysts forecast the global FEA market in the aerospace and defense industry to grow at a CAGR of 10.69% over the period 2014-2019.

Covered in this report
Technavio's report, Global FEA Market in Aerospace and Defense Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, APAC and EMEA; it also covers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key region
- Americas

Key vendors
- Ansys
- Dassault Systèmes
- Siemens PLM Software
- MSC Software

Other prominent vendors
- Altair
- Aspen Technology
- Autodesk
- CD-adapco
- ESI Group
- Exa
- NEI Software

Market driver
- Availability of high performance computing system
- For a full, detailed list, view our report

Market challenge
- Reduction in US defense spending
- For a full, detailed list, view our report

Market trend
- Increase use of FEA to develop space launch system
- For a full, detailed list, view our report.

Key questions answered in this report
- What will the market size be in 2019 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?

Read the full report:

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