MRO Magazine

Global Simulation and Analysis Software Market to Grow 11.9% by 2020 – Key Vendors are ANSYS, MSC Software & Siemens PLM Software – Research and Markets


June 16, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Global Simulation and Analysis Software Market 2016-2020” report to their offering.

The global simulation and analysis software market is forecast to grow at a CAGR of 11.9% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, a key growth driver is the availability and high demand for integration with CAD. Simulation and analysis software vendors provide CFD and FEA software integrated with computer-aided design (CAD), which improves the overall efficiency of the new product development cycle. Customers prefer an embedded solution as it reduces the product development cycle time and simultaneously increases its efficiency.

Further, the report states that one challenge that could impede market growth is the availability of open-source software. In addition to open source, vendors are facing challenges from pirated and counterfeit products in the market. Many pirated codes and keys are available to crack the commercial software.

Key vendors:

  • ANSYS
  • MSC Software
  • Dassault Systèmes
  • CD-adapco
  • Siemens PLM Software
  • Mentor Graphics

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: PLM overview

PART 06: Market landscape

PART 07: Market segmentation by application

PART 08: Market segmentation by end-user

PART 09: Automotive industry

PART 10: Industrial machinery industry

PART 11: Electrical and electronics industry

PART 12: Aerospace and defense industry

PART 13: Geographical segmentation

PART 14: Simulation and analysis software market in North America

PART 15: Simulation and analysis software market in APAC

PART 16: Simulation and analysis software market in Europe

PART 17: Simulation and analysis software market in South America

PART 18: Simulation and analysis software market in Middle East

PART 19: Simulation and analysis software market in Africa

PART 20: Market drivers

PART 21: Impact of drivers

PART 22: Market challenges

PART 23: Impact of drivers and challenges

PART 24: Market trends

PART 25: Five forces

PART 26: Vendor analysis

For more information visit http://www.researchandmarkets.com/research/26pqnm/global_simulation

Research and Markets
Laura Wood, Senior Manager
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