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Global Finite Element Analysis (FEA) Software Market 2009-2013

Infiniti Research Limited, May 2010, Pages: 22


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Finite element analysis (FEA) is a numerical technique used for modeling a complex structure. This technique is used for finding approximate solutions of partial differential equations (PDE) as well as of integral equations.

FEA software is utilized by various industries that deal in mechanical engineering, such as Aeronautical, Biomechanical, and Automotive; for designing and developing their products. FEA software's applications used in these industries include estimation or prediction of structural strength and behavior, modeling, simulation, and design optimization in various engineering branches. FEA software allows the designers and engineers in these industries to design and access detailed visualization of structures bend or twist, and indicates the distribution of stresses and displacements. Furthermore, FEA helps in increasing the productivity of the industry, since it allows entire designs to be constructed, refined, and optimized before the product is manufactured.

Many FEA software vendors are now focusing on increasing the usability of their products among the different industry segments. For this, they are adding automating tasks, enhancing visualization, and simplifying the mesh-creation process. Further, a trend of adding design solution along with the analysis into the FEA software has been observed. Furthermore, characterized by the need to maintain the volumes of data generated by FEA software, these software vendors are including data management facility with the software. This data is required for different purposes, such as legal, design reuse, and other reasons.

The report by TechNavio Insights forecasts the size of the Global Finite Element Analysis (FEA) Software market over the period 2009-2013. Further, it discusses the key market trends, drivers and challenges of Global Finite Element Analysis (FEA) Software market, and profiles some of its key vendors


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