Global FEA Market in the Automotive Sector 2015-2019 with ANSYS, Dassault Syst?mes, Siemens PLM Software & MSC Software Dominating

Nov 26, 2015, 00:10 ET from Research and Markets

DUBLIN, Nov. 25, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/brjzcc/global_fea_market) has announced the addition of the "Global FEA Market in the Automotive Sector 2015-2019" report to their offering.

The global FEA market in the automotive industry to grow at a CAGR of 12.93% over the period 2014-2019.

Global FEA Market in Automotive 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.

The outsourcing of FEA pre-processing jobs to APAC is occurring in large volumes. In a developed country, , FEA pre-processing to solve a linear static problem accounts for 45% of the overall investment and, in general, FEA pre-processing accounts for 65% of the overall investment. The availability of a low-cost skilled workforce in APAC is leading to the the shift of FEA pre-processing to the region. In countries such as India and China, the cost reduces by more than half.

According to the report, the increased need to provide quality products in a short duration has led to an increase in the demand for FEA software. FEA software helps to improve the time-to-market by reducing the product development cycle and testing time. It improves the speed of the product design cycle and produces reliable and cost-effective products by reducing the analysis time.

Further, the report states that the market faces challenges due to the availability of free open-source FEA. SMEs lack capital so they tend to invest in FEA, which has led to the wide adoption of free or open-source FEA globally, which in turn has hampered the growth of the market.

Key vendors

  • ANSYS
  • Dassault Systèmes
  • Siemens PLM Software
  • MSC Software

Other prominent vendors

  • Altair
  • Aspen Technology
  • Autodesk
  • CD-adapco
  • COMSOL
  • ESI Group
  • Exa
  • NEI Software

Key Topics Covered:

Part 1: Executive summary

Part 2: Scope of the report

Part 3: Market research methodology

Part 4: Introduction

Part 5: Market landscape

Part 6: Geographical segmentation

Part 7: Market drivers

Part 8: Impact of drivers

Part 9: Market challenges

Part 10: Impact of drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Prominent vendor analysis

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/brjzcc/global_fea_market

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets



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