Growing Complexity of Product Design Drives Demand for Finite Element Analysis Software, According to New Trend Report Published by Global Industry Analysts, Inc.

GIA announces the release of a trend report on Finite Element Analysis Software. Demand for Finite Element Analysis Software is driven by the need for rapid and accurate solutions for resolving complex and challenging product design issues.

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Finite Element Analysis Software: A Trend Report

San Jose, California (PRWEB) June 16, 2014

Follow us on LinkedIn – Finite Element Analysis or FEA, is an advanced computer simulation technology for use in engineering analysis. FEA is primarily a product design and testing technology, which is used to predict failures that occur in materials due to unidentified flaws such as stress. Based on FEM (finite element method) technique, the FEA technology highlights problem areas containing theoretical stresses within a material. The emergence of cloud and mobile based FEA software represents a major development in the market, as it enables programmers to access the software and collaborate from anywhere across the world. Growing acceptance of Virtual Product Development (VPD) strategies in a wide range of industry verticals offers a strong platform for growth in the market. Emerging countries such as Brazil, China, India, and Korea with their expanding manufacturing base and adoption of virtual product design, simulation, staging, and digital manufacturing practices, are forecast to emerge as lucrative markets for growth in the coming years.

The trend report titled “Finite Element Analysis Software” announced by Global Industry Analysts, Inc., is a focused research paper which provides cursory insights into the market, technology, R&D and corporate initiatives of companies worldwide. Companies covered in the report include Ansys Inc., Autodesk Inc., Collier Research Corporation, Cranes Software International Ltd., Dassault Systemes SA, Fedem Technology AS, Intuition Software, NEi Software Inc., PDE Solutions Inc., Rockfield Software Ltd., and Vieux Inc., among others.

For more details about this trend report, please visit http://www.strategyr.com/TrendReport.asp?code=146060.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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  • Raghu Gopal
    Global Industry Analysts Inc
    +1 408-528-9966
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