Global Finite Element Analysis (FEA) Software Market is Estimated at a Record USD 11.67 Billion by the End of 2030 | Infinium Global Research

Infinium Global Research, a leading market research firm, has released an in-depth report on the Finite Element Analysis (FEA) Software Market. The report explores various segments and sub-segments, shedding light on the global and regional dynamics, with a focus on the impact of drivers, restraints, and macro indicators over the short and long term.

Market Surge: Projecting a CAGR of 9.18%

The global Finite Element Analysis (FEA) software market, valued at USD 5.18 billion in 2022, is poised to reach USD 11.67 billion by 2030. The forecast indicates a Compound Annual Growth Rate (CAGR) of 9.18% during the period from 2023 to 2030.

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Understanding Finite Element Analysis (FEA) Software

Finite Element Analysis (FEA) is a computational method crucial for predicting real-world reactions and effects of forces, vibrations, heat, fluid movement, and other physical influences on a product. FEA determines the performance, wear and tear, or potential issues of a product during use. By breaking down an object into thousands of finite elements, FEA software analyzes their separate behaviors to anticipate the behavior of the actual object. This computational method is used in various industries such as aerospace, defense, automotive, electronics, and electrical.

Key Drivers: Growth in End User Industries and Advancements in Technology

The growth of end-user industries, including aerospace, defense, automotive, electronics, and electrical, has been a significant driver for the FEA software market. Robust focus on Research and Development (R&D) in these industries, coupled with increased product development activities, has surged the demand for FEA software. Additionally, the adoption of cloud-based FEA solutions is on the rise due to their advantages, including rapid deployment, scalability, cost-effectiveness, and global accessibility. However, the high cost of FEA software for small and medium-sized businesses remains a challenge. Nevertheless, the integration of Artificial Intelligence (AI) and Machine Learning (ML) is expected to unlock new growth opportunities for the FEA software market.

Regional Insights: North America Leads, Asia-Pacific Emerges as the Fastest Growing Region

North America, home to major companies like Boeing, Tesla, and Ford, dominates the FEA software market. The concentration of market players, including ANSYS, Autodesk, IBM, Altair Engineering, and others, contributes to the region's leadership. The demand for FEA software in North America is propelled by strong R&D and product development activities. Meanwhile, Asia-Pacific is anticipated to be the fastest-growing region, fueled by a surge in Computer-Aided Engineering (CAE) tools' usage in various industries.

Segmentation: Comprehensive Analysis of Components, Deployment, and End Users

The report categorizes the FEA software market into segments based on components (service and software), deployment (on-premise and cloud), and end users (manufacturing, electronics and electrical, automotive, aerospace, oil and gas, and others).

Industry Leaders: Navigating the Future of FEA Software

Profiles of key companies in the FEA software market, including Autodesk Inc., IBM Corporation, Siemens, PTC, Logic Design Inc., Advanced Science and Automation Corp., ANSYS Inc., COMSOL AB, Altair Engineering Inc., ADINA R&D Inc. (acquired by Bentley Company), and others, are featured in the report.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Finite Element Analysis [FEA] Software Market Highlights

2.2. Finite Element Analysis [FEA] Software Market Projection

2.3. Finite Element Analysis [FEA] Software Market Regional Highlights

Chapter 3. Global Finite Element Analysis [FEA] Software Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter`s Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Component

3.4.2. IGR-Growth Matrix Analysis by Deployment

3.4.3. IGR-Growth Matrix Analysis by End User

3.4.4. IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of Finite Element Analysis [FEA] Software Market

Chapter 4. Finite Element Analysis [FEA] Software Market Macro Indicator Analysis

Chapter 5. Company Profiles and Competitive Landscape

5.1. Competitive Landscape in the Global Finite Element Analysis [FEA] Software Market

5.2. Companies Profiles

5.2.1. Autodesk Inc.

5.2.2. IBM Corporation

5.2.3. Siemens

5.2.4. PTC

5.2.5. Logic Design Inc.

5.2.6. Advanced Science and Automation Corp.

5.2.7. ANSYS, Inc

5.2.8. COMSOL AB

5.2.9. Altair Engineering Inc.

5.2.10. ADINA R&D, Inc. (acquired by Bentley Company)

5.2.11. Others

Chapter 6. Global Finite Element Analysis [FEA] Software Market by Component

6.1. Service

6.2. Software

Chapter 7. Global Finite Element Analysis [FEA] Software Market by Deployment

7.1. On-premise

7.2. Cloud

Chapter 8. Global Finite Element Analysis [FEA] Software Market by End User

8.1. Manufacturing

8.2. Electronics and Electrical

8.3. Automotive

8.4. Aerospace

8.5. Oil and Gas

8.6. Others

Chapter 9. Global Finite Element Analysis [FEA] Software Market by Region 2023-2030

9.1. North America

9.1.1. North America Finite Element Analysis [FEA] Software Market by Component

9.1.2. North America Finite Element Analysis [FEA] Software Market by Deployment

9.1.3. North America Finite Element Analysis [FEA] Software Market by End User

9.1.4. North America Finite Element Analysis [FEA] Software Market by Country

9.1.4.1. The U.S. Finite Element Analysis [FEA] Software Market

9.1.4.1.1. The U.S. Finite Element Analysis [FEA] Software Market by Component

9.1.4.1.2. The U.S. Finite Element Analysis [FEA] Software Market by Deployment

9.1.4.1.3. The U.S. Finite Element Analysis [FEA] Software Market by End User

9.1.4.2. Canada Finite Element Analysis [FEA] Software Market

9.1.4.2.1. Canada Finite Element Analysis [FEA] Software Market by Component

9.1.4.2.2. Canada Finite Element Analysis [FEA] Software Market by Deployment

9.1.4.2.3. Canada Finite Element Analysis [FEA] Software Market by End User

9.1.4.3. Mexico Finite Element Analysis [FEA] Software Market

9.1.4.3.1. Mexico Finite Element Analysis [FEA] Software Market by Component

9.1.4.3.2. Mexico Finite Element Analysis [FEA] Software Market by Deployment

9.1.4.3.3. Mexico Finite Element Analysis [FEA] Software Market by End User

9.2. Europe

9.2.1. Europe Finite Element Analysis [FEA] Software Market by Component

9.2.2. Europe Finite Element Analysis [FEA] Software Market by Deployment

9.2.3. Europe Finite Element Analysis [FEA] Software Market by End User

9.2.4. Europe Finite Element Analysis [FEA] Software Market by Country

9.2.4.1. Germany Finite Element Analysis [FEA] Software Market

9.2.4.1.1. Germany Finite Element Analysis [FEA] Software Market by Component

9.2.4.1.2. Germany Finite Element Analysis [FEA] Software Market by Deployment

9.2.4.1.3. Germany Finite Element Analysis [FEA] Software Market by End User

9.2.4.2. United Kingdom Finite Element Analysis [FEA] Software Market

9.2.4.2.1. United Kingdom Finite Element Analysis [FEA] Software Market by Component

9.2.4.2.2. United Kingdom Finite Element Analysis [FEA] Software Market by Deployment

9.2.4.2.3. United Kingdom Finite Element Analysis [FEA] Software Market by End User

9.2.4.3. France Finite Element Analysis [FEA] Software Market

9.2.4.3.1. France Finite Element Analysis [FEA] Software Market by Component

9.2.4.3.2. France Finite Element Analysis [FEA] Software Market by Deployment

9.2.4.3.3. France Finite Element Analysis [FEA] Software Market by End User

9.2.4.4. Italy Finite Element Analysis [FEA] Software Market

9.2.4.4.1. Italy Finite Element Analysis [FEA] Software Market by Component

9.2.4.4.2. Italy Finite Element Analysis [FEA] Software Market by Deployment

9.2.4.4.3. Italy Finite Element Analysis [FEA] Software Market by End User

9.2.4.5. Rest of Europe Finite Element Analysis [FEA] Software Market

9.2.4.5.1. Rest of Europe Finite Element Analysis [FEA] Software Market by Component

9.2.4.5.2. Rest of Europe Finite Element Analysis [FEA] Software Market by Deployment

9.2.4.5.3. Rest of Europe Finite Element Analysis [FEA] Software Market by End User

9.3. Asia Pacific

9.3.1. Asia Pacific Finite Element Analysis [FEA] Software Market by Component

9.3.2. Asia Pacific Finite Element Analysis [FEA] Software Market by Deployment

9.3.3. Asia Pacific Finite Element Analysis [FEA] Software Market by End User

9.3.4. Asia Pacific Finite Element Analysis [FEA] Software Market by Country

9.3.4.1. China Finite Element Analysis [FEA] Software Market

9.3.4.1.1. China Finite Element Analysis [FEA] Software Market by Component

9.3.4.1.2. China Finite Element Analysis [FEA] Software Market by Deployment

9.3.4.1.3. China Finite Element Analysis [FEA] Software Market by End User

9.3.4.2. Japan Finite Element Analysis [FEA] Software Market

9.3.4.2.1. Japan Finite Element Analysis [FEA] Software Market by Component

9.3.4.2.2. Japan Finite Element Analysis [FEA] Software Market by Deployment

9.3.4.2.3. Japan Finite Element Analysis [FEA] Software Market by End User

9.3.4.3. India Finite Element Analysis [FEA] Software Market

9.3.4.3.1. India Finite Element Analysis [FEA] Software Market by Component

9.3.4.3.2. India Finite Element Analysis [FEA] Software Market by Deployment

9.3.4.3.3. India Finite Element Analysis [FEA] Software Market by End User

9.3.4.4. South Korea Finite Element Analysis [FEA] Software Market

9.3.4.4.1. South Korea Finite Element Analysis [FEA] Software Market by Component

9.3.4.4.2. South Korea Finite Element Analysis [FEA] Software Market by Deployment

9.3.4.4.3. South Korea Finite Element Analysis [FEA] Software Market by End User

9.3.4.5. Australia Finite Element Analysis [FEA] Software Market

9.3.4.5.1. Australia Finite Element Analysis [FEA] Software Market by Component

9.3.4.5.2. Australia Finite Element Analysis [FEA] Software Market by Deployment

9.3.4.5.3. Australia Finite Element Analysis [FEA] Software Market by End User

9.3.4.6. Rest of Asia-Pacific Finite Element Analysis [FEA] Software Market

9.3.4.6.1. Rest of Asia-Pacific Finite Element Analysis [FEA] Software Market by Component

9.3.4.6.2. Rest of Asia-Pacific Finite Element Analysis [FEA] Software Market by Deployment

9.3.4.6.3. Rest of Asia-Pacific Finite Element Analysis [FEA] Software Market by End User

9.4. RoW

9.4.1. RoW Finite Element Analysis [FEA] Software Market by Component

9.4.2. RoW Finite Element Analysis [FEA] Software Market by Deployment

9.4.3. RoW Finite Element Analysis [FEA] Software Market by End User

9.4.4. RoW Finite Element Analysis [FEA] Software Market by Sub-region

9.4.4.1. Latin America Finite Element Analysis [FEA] Software Market

9.4.4.1.1. Latin America Finite Element Analysis [FEA] Software Market by Component

9.4.4.1.2. Latin America Finite Element Analysis [FEA] Software Market by Deployment

9.4.4.1.3. Latin America Finite Element Analysis [FEA] Software Market by End User

9.4.4.2. Middle East Finite Element Analysis [FEA] Software Market

9.4.4.2.1. Middle East Finite Element Analysis [FEA] Software Market by Component

9.4.4.2.2. Middle East Finite Element Analysis [FEA] Software Market by Deployment

9.4.4.2.3. Middle East Finite Element Analysis [FEA] Software Market by End User

9.4.4.3. Africa Finite Element Analysis [FEA] Software Market

9.4.4.3.1. Africa Finite Element Analysis [FEA] Software Market by Component

9.4.4.3.2. Africa Finite Element Analysis [FEA] Software Market by Deployment

9.4.4.3.3. Africa Finite Element Analysis [FEA] Software Market by End User

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of finite element analysis (FEA) software.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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