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Date Submitted: 12/02/2015 01:24 AM
Researchmoz added Most up-to-date research on "Global FEA Market in Electrical and Electronics Industry 2015-2019" to its huge collection of research reports.
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.
Market analysts forecast the global FEA market in the electrical and electronics industry to grow at a CAGR of 13.55% over the period 2014-2019.
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Covered in this report
New report, Global FEA Market in Electrical and Electronics Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and EMEA; it also covers the 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
APAC
EMEA
Key vendors
ANSYS
DassaultSystmes
MSC Software
Siemens PLM Software
Other prominent vendors
Altair
Aspen Technology
Autodesk
CD-adapco
COMSOL
ESI Group
NEI Software
Market driver
Involvement of inspection agencies in product development
For a full, detailed list, view our report
Market challenge
High cost of FEA
For a full, detailed list, view our report
Market trend
Use of FEA to develop IoT supporting devices
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...