Research and Markets (http://www.researchandmarkets.com/research/f8vjfm/global_fea_market) has announced the addition of the "Global FEA Market in Automotive Industry to 2016" report to their offering.

One of the major growth drivers in the market is increasing demand from developing countries. The market potential is moving toward growing economies such as China, India, Brazil, and Korea.

The Global FEA market is witnessing a trend toward the development of cloud-based FEA solutions from market vendors due to the benefits of cloud computing, such as vast space for data storage, ease of access, flexibility, and security. Cloud computing technology gives a wide range of advantages to many SMEs by offering the solution on demand in a cost-effective manner. By hosting FEA over the cloud, end-users can significantly reduce their operating costs (server costs, maintenance costs, and physical storage costs), and can improve the efficiency of the product development cycle. Autodesk Inc., Dassault Systèmes SA, and NEi Software are some of the key vendors in the Global FEA market that are offering cloud-based FEA software.

Further, the report states that one of the major challenges in the market is the increasing popularity of open-source FEA software. Many cost-driven customers and SMEs prefer open-source FEA software rather than investing large amounts of money in commercial FEA software.

The key vendors dominating this market space are:

  • Dassault Systèmes SA
  • MSC Software Corp.
  • Ansys Inc
  • LMS International NV.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Geographical Segmentation

08. EMEA Region

09. North America

10. APAC Region

11. South America

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/f8vjfm/global_fea_market

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Automotive