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TMCNet:  Global FEA Market in Automotive Industry to 2016

[January 28, 2014]

Global FEA Market in Automotive Industry to 2016

(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/8xp73d/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 Syst?mes 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 Syst?mes 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/8xp73d/global_fea_market CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Automotive (http://www.researchandmarkets.com/categories.asp?cat_id=96&campaign_id=8xp73d) .

(c) 2014 M2 COMMUNICATIONS

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