MRO Magazine

Global FEA Market in Industrial Machinery Industry 2015-2019 – Increase in Demand for Smart Packaging – Research and Markets


January 22, 2016
By Business Wire News

DUBLIN

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.

Companies Mentioned:

  • Ansys
  • Dassault Systèmes
  • MSC Software
  • Siemens PLM Software
  • Altair Engineering
  • Aspen Technology
  • Autodesk
  • CD-adapco
  • COMSOL
  • 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

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Electrical Engineering, Machinery and Parts , CAD, CAM and CAE