Naperville, IL -- (SBWire) -- 11/23/2012 --The Finite Element Analysis Software market in North America to grow at a CAGR of 9.8 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need to reduce the overall time-to-market. The Finite Element Analysis Software market in North America has also been witnessing the emergence of cloud-based FEA software. However, the availability of open source finite element analysis (FEA) software could pose a challenge to the growth of this market.

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.

Key vendors dominating this market space include Ansys Inc., Dassault Systemes SA, LMS International, MSC Software Corp.

Other vendors mentioned in the report: Siemens PLM Software Inc., Aspen Tech Inc., NEi Software Inc. and Engineering Systems Inc.

Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
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 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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