"Global FEA Market in the Automotive Sector 2015-2019" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue Nov 17 2015

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 automotive industry to grow at a CAGR of 12.93% over the period 2014-2019.

Full Report Details at
- http://www.fastmr.com/prod/1073163_global_fea_automotive_sector.aspx?afid=301

Covered in this report
Technavio's 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

Key vendors

* Dassault Systemes
* Siemens PLM Software
* MSC Software

Other prominent vendors

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

Market driver

* Reduction in product design time, cost, and faster time-to-market
* For a full, detailed list, view our report

Market challenge

* High cost of FEA
* For a full, detailed list, view our report

Market trend

* Increase in outsourcing of FEA pre-processing to APAC
* 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?

Companies Mentioned in this Report: ANSYS, Dassault Systemes, Siemens PLM Software, MSC Software Altair, Aspen, Autodesk, CD-adapco, COMSOL, ESI, Exa, NEi

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