DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ln9fpv/finite_element) has announced the addition of the "North America Finite Element Analysis Market Report, 2016" report to their offering.
The need to reduce overall time-to-market is one of the major drivers in the FEA market in North America. The effective deployment of FEA software enables organizations to reduce lead time by reducing the number of tests and prototypes.
The emergence of cloud-based FEA software is one of the emerging trends in the FEA Software market in North America. Cloud-based FEA software provides high storage, scalability, and flexibility to end-users. Cloud-based FEA is offered on a pay-per-use model, and hence can easily be made available to cost-sensitive end-users. Moreover it provides flexibility to the end-user to access the FEA software from anywhere at any time. Hence, severalFEA vendors in North America are developing the cloud-based FEA model to meet the requirements of end-users.
Further, the report states that easy availability of open source FEA software is one of the major challenges in the FEA market in North America. Many organizations in North America opt for opensource FEA software as it provides various benefits in terms of affordability and easy availability compared to commercial FEA software.
The key vendors dominating this market space are:
- Ansys Inc.
- Dassault Systemes S.A.
- LMS International NV
- MSC Software Corp.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Market Segmentation by End-users
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/ln9fpv/finite_element