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 automotive industry was the major end-user of FEA software. The automotive industry uses finite element analysis software for the estimation of structural strength and behavior, modeling, simulation, and design optimization. The adoption of FEA enables a reduction in product design time, operational costs, and also lesser marketing time, which, in turn, improves the overall productivity. High R&D investments will also lead to the rise in purchase of FEA software and services; thus, fueling market growth in this industry segment.
In 2018, the global Finite Element Analysis Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Finite Element Analysis Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Finite Element Analysis Software development in United States, Europe and China.
The key players covered in this study
ANSYS
Altair Engineering
Dassault Systemes
Hexagon AB (MSC Software)
PTC
Siemens
Autodesk
NUMECA
Applied Math Modeling
Ceetron
Keysight Technologies
COMSOL AB
ESI Group
AspenTech
MathWorks
Convergent Science
Flow Science
NEi Software
SimScale GmbH
Market segment by Type, the product can be split into
Cloud-based
On-premise
Market segment by Application, split into
Automotive Industry
Aerospace and Defense Industry
Electrical and Electronics Industry
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Finite Element Analysis Software status, future forecast, growth opportunity, key market and key players.
To present the Finite Element Analysis Software development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Finite Element Analysis Software are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Finite Element Analysis Software. Industry analysis & Market Report on Finite Element Analysis Software is a syndicated market report, published as Global Finite Element Analysis Software Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Finite Element Analysis Software market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.