Global FEA Market in Industrial Machinery Industry 2015-2019 – Increase in Demand for Smart Packaging – Research and Markets
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/84pg2g/global_fea_market) has announced the addition of the “Global FEA Market in Industrial Machinery Industry 2015-2019” report to their offering.
The report forecasts the global FEA market in the industrial machinery industry to grow at a CAGR of 7.42% over the period 2014-2019.
There is a new trend toward development of smart factories. With the evolution of time, factories globally are shifting from water and steam-powered mechanical production facilities to factories integrated with electronics and IT. The present scenario finds factories with smart machine-physical production systems that reduce human intervention to zero. FEA is used in the design of smart machines that are installed in such factories.
According to the report, a major driver in the global packaging machinery market is the increase in demand for smart packaging. This demand is mainly witnessed in the food industry, where hygiene is of great importance. The major reason for the growing demand is increased concern over the wastage of food. Smart packaging reduces the loss and wastage of food.
Further, the report states that the high initial cost of FEA software is one of the major growth challenges faced by the global FEA market in the industrial machinery industry.
- Dassault Systèmes
- MSC Software
- Siemens PLM Software
- Altair Engineering
- Aspen Technology
- ESI Group
- NEI Software
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: PLM solution overview
PART 05: Introduction
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 players
For more information visit http://www.researchandmarkets.com/research/84pg2g/global_fea_market
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Sector: Electrical Engineering, Machinery and Parts , CAD, CAM and CAE