Global FEA Market in the Electrical & Electronics Industry to Grow at a CAGR of 13.55% over the Period 2014 – 2019: Hexa Reports

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Latest Research on “Global FEA Market” added to FEA, a software used in engineering, aims to evaluate the functionality of a product design before its prototypes are produced.

FEA software is used in manufacturing industries for the estimation of structural strength and behaviour, modeling, simulation, and design optimization. This software helps end-users to produce quality products, reduce cost, provide better product design, and fasten the product development time. It is used in the automotive, aerospace and defense, electrical and electronics, and industrial machinery industries.

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Covered in this report

Global FEA Market in Electrical and Electronics Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key region




Key vendors



MSC Software

Siemens PLM Software

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Other prominent vendors







NEI Software

Market driver

Involvement of inspection agencies in product development

For a full,

detailed list,

view our report Market challenge High cost of FEA For a full,

detailed list,

view our report

Market trend

Use of FEA to develop IoT supporting devices

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Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be

What are the key market trends

What is driving this market

What are the challenges to market growth

Who are the key vendors in this market space

What are the market opportunities and threats faced by the key vendors

What are the strengths and weaknesses of the key vendors


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Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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