Worldwide FEA in the Electrical an Electronics Sector 2015 Trend Analysis

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. 
Publisher's 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.

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Covered in this report
Publisher'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
Key vendors
- Dassault Systèmes
- MSC Software
- Siemens PLM Software


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Other prominent vendors
- Altair 
- Aspen Technology
- Autodesk
- CD-adapco
- 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


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