FEA Software Market in North America 2014-2018 is the latest addition to Sandlerresearch.org industry research reports collection.
Finite element analysis (FEA) is a software used in engineering, which 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 behavior, modeling, simulation, and design optimization. The use of FEA software enables the end-user to produce quality products, reduce cost, enhance product design, and achieve faster product development time. It is used across Automotive, Aerospace and Defense, Electrical and Electronics, and Industrial Machinery industries.
Analysts forecast the FEA Software market in North America to grow at a CAGR of 8.62 percent over the period 2013-2018.
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The report recognizes the following companies as the key players in the FEA Software Market in North America: Ansys Inc., Dassault Systèmes SA and MSC Software Corp.
Other Prominent Vendors in the market are: Altair Engineering, AspenTech, Autodesk, CD-adapco, COMSOL, ESI, Exa and Siemens PLM Software.
One of the key trends in the market is the increase in the use of FEA software in creating special effects in feature films. The use of FEA software enables creation of dramatic scenes in a movie showing impacts, extreme deformation, collisions, and collapsing buildings.
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The FEA Software market in North America can be segmented into five end-user segments: Automotive Industry, Electrical and Electronics Industry, Industrial Machinery Industry, Aerospace and Defense Industry, and Others.
FEA Software Market in North America 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on North America; it covers the FEA Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, increased adoption of virtual product development environments across organizations in North America is a major growth driver in the market. FEA software creates virtual product models that are tested in a virtual environment, which leads to savings in cost and time. This helps to identify defective products at an early stage of design.
Further, the report states that one of the key challenges in the market is the inability of the software to identify defective input provided by the engineer. The software is incapable of identifying whether the input provided is correct or incorrect, potentially leading to faulty output, production of low-quality products, and increased costs for the company
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by End-users
08. Key Leading Countries
09. FEA Software Market in the US
10. FEA Software Market in Mexico
11. FEA Software Market in Canada
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
20. Key Vendor Analysis
21. Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Product Lifecycle Management Market Structure
Exhibit 3: FEA Software Market in North America 2013-2018(US$ million)
Exhibit 4: FEA Software Market in North America by End-user Segmentation 2013-2018
Exhibit 5: FEA Software Market in North America in the Automotive Industry 2013-2018 (US$ million)
Exhibit 6: FEA Software Market in North America in the Electrical and Electronics Industry 2013-2018 (US$ million)
Exhibit 7: FEA Software Market in North America in the Industrial Machinery Industry 2013-2018 (US$ million)
Exhibit 8: FEA Software Market in North America in the Aerospace and Defence Industry 2013-2018 (US$ million)
Exhibit 9: FEA Software Market in North America in Others 2013-2018 (US$ million)
Exhibit 10: FEA Software Market in North America by Country
View all 44 Echibits
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