Research and Markets has announced the addition of the “FEA Software Market in the APAC Region 2014-2018” report to their offering.

The FEA Software market in the APAC region to grow at a CAGR of 12.36% over the period 2013-2018

Finite Element Analysis (FEA) is a software used in engineering, which aims to evaluate the functionality of a product design before its prototypes are produced. It is used in the Manufacturing industries for the estimation of structural strength and behavior, modeling, simulation, and design optimization. It enables the end-user to produce quality products, reduce cost, produce better product design, and fasten product development time. It is mainly used in the Automotive, Aerospace and Defense, Electrical and Electronics, and Industrial Machinery industries.

The market is witnessing an increase in the use of FEA software in creating special effects in feature films. It enables the creation of dramatic scenes in a movie in the form of impacts, extreme deformation, collisions, and collapsing buildings.

According to the report, increased adoption of virtual product development environment across the APAC region is a major growth driver in the market. FEA software creates virtual product models that are tested in a virtual environment, leading to cost and time savings. It helps to identify defective products at an early stage of design.

Further, the report states that one of the major challenges in the market is the inability of the software to identify faulty input provided by the engineer. The software is incapable of identifying whether the input provided is correct or incorrect, leading to a false output, which leads to the production of low-quality products and increased cost to the company.

Key Vendors

 

  • Ansys
  • Dassault Systemes
  • MSC Software

 

Other Prominent Vendors

 

  • Altair Engineering
  • AspenTech
  • Autodesk
  • CD-adapco
  • COMSOL
  • ESI
  • Exa
  • Siemens PLM Software

 

Key Topics Covered:

 

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by End-users
  8. Key Leading Countries
  9. FEA Software Market in China
  10. FEA Software Market in Japan
  11. FEA Software Market in India
  12. Buying Criteria
  13. Market Growth Drivers
  14. Drivers and their Impact
  15. Market Challenges
  16. Impact of Drivers and Challenges
  17. Market Trends
  18. Trends and their Impact
  19. Vendor Landscape
  20. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/tv9t75/fea_software