Automotive and Transportation

Global FEA Market in the Automotive Sector 2015-2019

  • TEC353546
  • 106 Pages
  • November 2015
  • Automotive and Transportation
About FEA
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.

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
APAC
EMEA

Key vendors
ANSYS
Dassault Systmes
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
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?
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