Fea Market in the Automotive Sector 2015 – 2019: Worldwide Forecasts Report

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Global FEA Market in the Automotive Sector 2015-2019 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 106 pages and provides 30 Exhibit; the report is published in Nov -2015.

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

Complete report available http://www.rnrmarketresearch.com/global-fea-market-in-the-automotive-sector-2015-2019-market-report.html

The report, 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.

Key regions : Americas, APAC, EMEA

Purchase a Copy of the Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=429630 (Single User License - US $3000)

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

Market driver : Reduction in product design time, cost, and faster time-to-market

Market challenge : High cost of FEA

Market trend : Increase in outsourcing of FEA pre-processing to APAC

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