Report Published: "Global FEA Market in Industrial Machinery Industry 2015-2019"

From: Fast Market Research, Inc.
Published: Tue Feb 09 2016

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 industrial machinery industry to grow at a CAGR of 7.42% over the period 2014-2019.

Covered in this report
Technavio's report, Global FEA Market in Industrial Machinery 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 market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Full Report Details at

Key region

* Americas

Key vendors

* Ansys
* Dassault Systemes
* MSC Software
* Siemens PLM Software

Other prominent vendors

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

Market driver

* Use of FEA to build packaging machineries
* For a full, detailed list, view our report

Market challenge

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

Market trend

* Development of smart factories
* 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, MSC Software, Siemens PLM Software, Altair Engineering, Aspen Technology, Autodesk, CD-adapco, COMSOL, ESI Group, NEI Software

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