Global Finite Element Analysis Market 2016-2020

  • ID: 3832415
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
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FEATURED COMPANIES

  • Altair
  • ANSYS
  • Aspen Technology
  • Autodesk
  • CD-adapco
  • COMSOL
  • MORE
About Finite Element Analysis

Finite element analysis helps to evaluate the functionality of a given product design before its prototype is produced. It is used in various manufacturing industries for estimation of structural strength and behavior, modeling, simulation, and design optimization.

The analysts forecast the global finite element analysis (FEA) market to grow at a CAGR of 13.03% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global finite element analysis (FEA) market for 2016-†. To calculate the market size, the report considers the revenue generated from the sales of FEA software only.

The market is divided into the following segments based on geography:

- Americas
- APAC
- Europe
- ROW

The report, Global Finite Element Analysis (FEA) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ANSYS
- Dassault Systèmes
- MSC Software
- Siemens PLM Software

Other prominent vendors
- Altair
- Aspen Technology
- Autodesk
- CD-adapco
- COMSOL
- ESI
- Exa

Market drivers
- Increase in adoption of cloud-based FEA software

Market challenges
- Delivery of limited FEA service packages

Market trends
- Increase in outsourcing of FEA pre-processing to APAC

Key questions answered in this report
- What will the market size be in 2020 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Altair
  • ANSYS
  • Aspen Technology
  • Autodesk
  • CD-adapco
  • COMSOL
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • About FEA
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: PLM overview
  • Role of PLM in product development
PART 06: CAE overview

PART 07: FEA cost analysis

PART 08: Market size and forecast

PART 09: Five forces analysis

PART 10: Geographical segmentation
  • APAC
  • Europe
  • Americas
  • ROW
PART 11: Product segmentation
  • Automotive industry
  • Aerospace and defense industry
  • Electrical and electronics industry
PART 12: Buying criteria
  • Buying criteria for FEA
PART 13: Market drivers
  • Need for FEA for an efficient product development cycle
  • Increase in adoption of cloud-based FEA software
  • Growth in smartphone industry
PART 14: Impact of drivers

PART 15: Market challenges
  • Delivery of limited FEA service packages
  • BEM acts as a substitute for FEA
PART 16: Impact of drivers and challenges

PART 17: Market trends
  • Increase in outsourcing of FEA pre-processing to APAC
  • Production of next-generation vehicles in automotive industry
PART 18: Vendor landscape
  • Major players in global FEA market
  • Other prominent vendors and their products
PART 19: Appendix
  • List of abbreviations
PART 20: About the Author

List of Exhibits

Exhibit 01: Overview of global FEA market
Exhibit 02: Product offerings of major vendors in global FEA market
Exhibit 03: Overview of PLM
Exhibit 04: Benefits of PLM
Exhibit 05: Role of PLM in product development
Exhibit 06: PLM software in product development
Exhibit 07: Static problems: Linear and nonlinear
Exhibit 08: Global FEA market 2015-2020 ($ billions)
Exhibit 09: Five forces analysis
Exhibit 10: Global FEA market by geography 2015 (% share)
Exhibit 11: Global FEA market by geography 2015 and 2020 ($ millions)
Exhibit 12: CAGR for geographical segments in global FEA market 2015-2020
Exhibit 13: FEA market in APAC 2015-2020 ($ millions)
Exhibit 14: Major aerospace and defense companies in Europe 2015
Exhibit 15: Revenue change of major European aerospace and defense companies 2014-2015 (%)
Exhibit 16: Major UK aerospace and defense product manufacturers
Exhibit 17: FEA market in Europe 2015-2020 ($ millions)
Exhibit 18: FEA market in Americas 2015-2020 ($ millions)
Exhibit 19: FEA market in ROW 2015-2020 ($ millions)
Exhibit 20: Global FEA market by end-users 2015 (% share)
Exhibit 21: FEA in automotive industry 2015-2020 ($ millions)
Exhibit 22: FEA in aerospace and defense industry 2015-2020 ($ millions)
Exhibit 23: FEA market in electrical and electronics industry 2015-2020
Exhibit 24: Buying criteria for FEA
Exhibit 25: Impact of drivers
Exhibit 26: Impact of drivers and challenges
Exhibit 27: Rules and regulations to control CO2 and other poisonous gas emissions from vehicles
Exhibit 28: Electric/hybrid vehicles of major automotive manufacturers
Exhibit 29: Products of Aspen Technology
Exhibit 30: Modules of VA One and extension modules
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FEATURED COMPANIES

  • Altair
  • ANSYS
  • Aspen Technology
  • Autodesk
  • CD-adapco
  • COMSOL
  • MORE
New Report Released: - Global Finite Element Analysis (FEA) Market 2016-2020

The author of the report recognizes the following companies as the key players in the global finite element analysis (FEA) market: ANSYS, Dassault Systèmes, MSC Software, and Siemens PLM Software.

Other Prominent Vendors in the market are: Altair, Aspen Technology, Autodesk, CD-adapco, COMSOL, ESI, and Exa.

Commenting on the report, an analyst from the research team said: “Production of next-generation vehicles in automotive industry will be a key trend for market growth. The auto emission of harmful gases in the environment has increased the need to develop new automobile designs. The need arises to design new exhaust systems and next-generation engines to reduce auto emission and its impact on the environment. The global automotive industry finds new demands for developing smart and safer trucks and cars. With this demand, the industry finds automobiles incorporated with interactive infotainment systems, collision-avoidance systems, wireless communications technology, and navigation devices. Engineers are using simulation software such as FEA to design electric powertrains and cars. Toyota Motors uses Opera FEA of Chelton to simulate Prius electric motors use in Prius hybrid vehicles.”

According to the report, one of the key drivers for market growth will be increase in adoption of cloud-based finite element analysis software. Cloud computing provides a vast space for data storage, ease of access, flexibility, and security. Companies increasingly prefer to use cloud-based FEA software as it is cost effective. End-users do not have to pay license costs as they can access the software through the cloud. The deployment of FEA in cloud leads to a reduction in cost, faster distribution, low maintenance, and increase in scalability. FEA providers are continuously focusing on providing FEA through the cloud.Siemens PLM Software entered into a partnership with Rescale, a cloud-based simulation platform provider, to offer Siemens PLM Software NX Nastran through the cloud in 2014. NX Nastran is available on a pay-per-use model and can be used to perform several simulations such as noise, harshness, and vibration analysis.

Further, the report states that one of the challenges for the market will be delivery of limited finite element analysis service packages. The global FEA providers face a high demand for low-cost FEA products and services. With the high demand for low-cost FEA products, vendors are faced with the challenge to reduce the cost of their products. Vendors are reluctant to reduce the cost as it will directly impact profit margins of vendors. To meet the high demand for low-cost FEA, vendors are cutting costs involved in service packages and delivery. FEA vendors in developing countries have started offering limited service packages at a comparatively low cost, instead of the entire package. The adoption of such limited packages has led to inaccurate results in product design, simulation, and testing, which makes the use of FEA ineffective.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- ANSYS
- Dassault Systèmes
- MSC Software
- Siemens PLM Software
- Altair
- Aspen Technology
- Autodesk
- CD-adapco
- COMSOL
- ESI
- Exa
Note: Product cover images may vary from those shown
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