Albany, NY -- (SBWire) -- 04/10/2013 --TechNavio's analysts forecast the Finite Element Analysis (FEA) market in Australia to reach US$11.78 million by 2016. One of the key factors contributing to this market growth is increasing need among vendors to manufacture high-quality products. The FEA market in Australia has also been witnessing exploring potential of FEA software for new end-users. However, increased outsourcing could pose a challenge to the growth of this market.
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TechNavio's report, the Finite Element Analysis Market in Australia, has been prepared based on an in-depth market analysis of the market with inputs from industry experts. The report focuses only Australia; it also covers the FEA market in Australia landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Altair Engineering Inc., Ansys Inc., Dassault Systemes SA, and MSC Software Corp.
Other Vendors: COMSOL Inc., LMS International NV, Rockfield Technologies Australia Pty. Ltd. Strand7 Pty. Ltd., NEi Software Inc., and Siemens PLM Software Inc.
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Key questions answered in this report:
What will the market size be in 2016 and at what will be the growth rate?
What are the key 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 each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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TechNavio's analysts forecast the Finite Element Analysis Software market in India to grow at a CAGR of 11.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need for faster time to market. The Finite Element Analysis Software market in India has also been witnessing the development of cloud-based FEA software. However, the availability of open-source finite element analysis software could pose a challenge to the growth of this market.
TechNavio's research report, the Finite Element Analysis Software Market in India 2011-2015, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Finite Element Analysis Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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TechNavio's research report, the Finite Element Analysis Software Market in North America 2011-2015, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Finite Element Analysis Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Australia Finite Element Analysis (FEA) Market Is Expected to Reach US$11.78 Million by 2016 - MarketResearchReports.Biz
New Market Research Report Added In MarketResearchReports.Biz Reports Database Finite Element Analysis Market in Australia 2012 - 2016