DUBLIN, Dec. 10, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/76t7ph/global_fea_market) has announced the addition of the "Global FEA Market in Electrical and Electronics Industry 2015-2019" report to their offering.

Cloud computing provides vast space for data storage, ease of access, flexibility, and security. It is cost-effective and companies increasingly prefer to use cloud-based FEA software. The deployment of FEA software in cloud computing leads to low costs, faster distribution, low maintenance, and an increase in scalability. FEA providers are continuously focusing on providing the software through the cloud.

According to the report, an increase in R&D investments by electrical and electronics companies to produce new and innovative products contributed to the growth of the global FEA market in the electrical and electronics sector. Companies buy the latest hardware, software, and technology to develop new products.

Further, the report states that the high cost of FEA software is one of the major growth challenges faced by the global FEA market in the electrical and electronics industry.

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

Key vendors -

• ANSYS
• DassaultSystmes
• MSC Software
• Siemens PLM Software

Other prominent vendors -

• Altair
• Aspen Technology
• Autodesk
• CD-adapco
• COMSOL
• ESI Group
• NEI Software

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: PLM market overview

PART 06: FEA selection process map

PART 07: FEA cost breakdown analysis

PART 08: Market landscape

PART 09: Geographical segmentation

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

PART 16: Key vendor analysis

PART 17: Other prominent vendors

For more information visit http://www.researchandmarkets.com/research/76t7ph/global_fea_market

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

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SOURCE Research and Markets