Global FEA (software used in engineering…) Market in the Aerospace and Defense Industry
The most exciting when it comes to Global FEA (software used in engineering…) Market in the Aerospace and Defense Industry is that, the availability of high-performance computing systems is contributing to the increased adoption of FEA in the global aerospace and defense industry.
Beyond the reduction of the US defense budget that is challenging the
global FEA market in the aerospace and defense industry, according to Researchand Markets, the market is likely to benefit from trends such as increased use
of FEA to develop space launch systems; and the global FEA market in the
aerospace and defense is forecasted to grow at a CAGR of 10.69% over the period
2014-2019.
For those who are unfamiliar, Connectikpeople.co
recalls that, when it comes to FEA, we talk about software used in engineering
that aims to evaluate the functionality of a product design before its
prototypes are produced.
You can use FEA software in manufacturing industries
for the estimation of structural strength and behaviour, modeling, simulation,
and design optimization.
With this software, End-users can produce quality
products, reduce cost, provide better product design, and fasten the product
development time. It is used in the automotive, aerospace and defense,
electrical and electronics, and industrial machinery industries.
Paramount vendors include :
- Ansys
- Dassault Systèmes
- Siemens PLM Software
- MSC Software
