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Global FEA Market in Electrical and Electronics Industry 2015-2019

Global FEA Market in Electrical and Electronics Industry 2015-2019

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.

Technavios analysts forecast the global FEA market in the electrical and electronics industry to grow at a CAGR of 13.55% over the period 2014-2019.

Covered in this report

Technavio's report, Global FEA Market in Electrical and Electronics 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 the 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 region

Americas
APAC
EMEA
Key vendors

ANSYS

DassaultSystmes

MSC Software

Siemens PLM Software

Other prominent vendors

Altair
Aspen Technology
Autodesk
CD-adapco
COMSOL
ESI Group
NEI Software
Market driver

Involvement of inspection agencies in product development
For a full, detailed list, view our report
Market challenge

High cost of FEA
For a full, detailed list, view our report
Market trend

Use of FEA to develop IoT supporting devices
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


Press Release

Technavio Announces the Publication of its Research Report Global FEA in the Electrical an Electronics Sector 2015-2019
Technavio recognizes the following companies as the key players in the Global FEA in the Electrical an Electronics Sector: ANSYS, Dassault Systmes, MSC Software and Siemens PLM Software
Other Prominent Vendors in the market are: Altair, Aspen Technology, Autodesk, CD-adapco, COMSOL, ESI Group and NEI Software
Commenting on the report, an analyst from Technavios team said: Cloud computing provides vast space for data storage, ease of access, flexibility, and security. It is cost-effective and companies increasingly prefer to use cloud-based FEA software. The deployment of FEA software in cloud computing leads to low costs, faster distribution, low maintenance, and an increase in scalability. FEA providers are continuously focusing on providing the software through the cloud.
According to the report, an increase in R&D investments by electrical and electronics companies to produce new and innovative products contributed to the growth of the global FEA market in the electrical and electronics sector. Companies buy the latest hardware, software, and technology to develop new products.
Further, the report states that the high cost of FEA software is one of the major growth challenges faced by the global FEA market in the electrical and electronics industry.

Companies Mentioned

ANSYS, Dassault Systmes, MSC Software, Siemens PLM Software, Altair, Aspen Technology, Autodesk, CD-adapco, COMSOL, ESI Group, NEI Software

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • PLM market overview
    • Table Major advantages of PLM
    • Table PLM software in product development process
  • FEA selection process map
    • Table Process selection map of an FEA solution
  • FEA cost breakdown analysis
    • Linear static problem
    • General problem
  • Market landscape
    • Global FEA market in electrical and electronics industry
      • Table Global FEA market in electrical and electronics industry 2014-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Table Global FEA market in electrical and electronics industry by geographical segmentation 2014 and 2019
    • FEA market in electrical and electronics industry in the Americas
      • Table FEA market in electrical and electronics industry in the Americas 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in the Americas by geographical segmentation 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in the US 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in Canada 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in Mexico 2014-2019 ($ millions)
    • FEA market in electrical and electronics industry in APAC
      • Table FEA market in electrical and electronics industry in APAC 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in Japan 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in China 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in South Korea 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in India 2014-2019 ($ millions)
    • FEA market in electrical and electronics industry in EMEA
      • Table FEA market in electrical and electronics industry in EMEA 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in EMEA by geographical segmentation 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in Germany 2014-2019 (millions)
      • Table FEA market in electrical and electronics industry in the UK 2014-2019 ($ millions)
      • Table FEA market in electrical and electronics industry in France 2014-2019 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive landscape
  • Key vendor analysis
    • ANSYS
      • Table Geographical segmentation by revenue 2014
    • Dassault Systèmes
      • Table Business segmentation by revenue 2014
      • Table Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Geographical segmentation by revenue 2014
    • Siemens PLM Software
    • MSC Software
  • Other prominent vendors
    • Altair Engineering
    • Aspen Technology
      • Table Business segment comparison by revenue 2014 and 2013
      • Table Geographic segmentation by revenue 2014
    • Autodesk
      • Table Business segmentation by revenue 2015
      • Table Business segmentation by revenue 2014 and 2015
    • CD-adapco
    • COMSOL
    • ESI Group
      • Table ESI Group: Revenues by segment 2014 and 2015
      • Table ESI Group: Geographical segmentation by revenue 2015
    • NEi
  • Appendix
    • List of abbreviations
  • Explore Technavio

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