Market Overview:
Global FEA in Automotive Market is expected to grow at a CAGR of XX% and is projected to reach USD XX million by 2030. The market growth is attributed to the increasing demand for lightweight vehicles, rising penetration of advanced technologies in automotive industry, and growing trend of electric vehicles. The global FEA in automotive market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into modeling, simulation, design optimization, and other segments. Simulation segment dominated the global FEA in automotive market with a share of more than XX% in 2017 owing to its ability to identify potential failure points before production begins. Design optimization segment is projected to grow at a highest CAGR during forecast period as it helps reduce weight & improve performance parameters such as fuel efficiency & emissions without compromising safety or quality standards. On the basis on application; OEMs accounted for majority share followed by 4S shops globally In terms Of value In 2017 And Is Expected To Grow At A Moderate Rate Over The Forecast Period 2018-2030 due To Increasing Demand For Advanced Technologies Across All Vehicle Segments Globally .
Product Definition:
FEA stands for Finite Element Analysis. It is a tool used by engineers to analyze the stress and strain in a component or assembly. FEA allows engineers to identify potential failure points and design changes that will improve the strength and durability of a component or assembly.
Modeling:
Modeling is a process of creating 3D simulation models by using various tools and techniques. It helps in analyzing, designing, testing, and improve the design or performance of an object. In automotive industry it helps to analyze problems such as weight transfer, vehicle dynamics & stability analysis among others.
Simulation:
Simulation is a technique used to test the strength and material properties of materials by creating an environment that represents real world conditions. In other words, simulation is used to test products or processes without using any physical samples. The most common types of simulation include computer-aided design (CAD), computer-aided manufacturing (CAM), and virtual testing.
Application Insights:
The other applications segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from end-use industries such as aerospace & defense, marine, healthcare, and transportation. In addition, FEA provides solutions for optimization of production processes by identifying critical path issues during the design phase of a product or process. This capability of FEA helps reduce overall development time by approximately 20% when compared with other methods such as physical prototyping or computational solid modeling.
OEMs application segment is expected to witness significant growth over the forecast period owing to rising automotive production across various regions coupled with stringent regulations regarding safety standards in these vehicles.
Regional Analysis:
The market in North America was valued at USD X billion in 2017 and is expected to grow at a significant rate over the forecast period owing to the presence of major players, availability of advanced technologies, and high demand for lightweight vehicles. The U.S., being a developed economy with higher purchasing power parity has led to an increase in demand for luxury cars that require complex designs incorporating various materials and components resulting into higher FEA usage rates across all applications modeling categories.
Growth Factors:
- Increasing demand for lightweight vehicles to improve fuel efficiency
- Growing popularity of electric and hybrid vehicles
- Development of advanced materials and manufacturing processes
- Proliferation of autonomous and connected cars
- Emergence of new applications such as vehicle-to-vehicle communication
Scope Of The Report
Report Attributes
Report Details
Report Title
FEA in Automotive Market Research Report
By Type
Modeling, Simulation, Design Optimization, Other
By Application
OEMs, 4S Shops, Other
By Companies
Ansys, CD-adapco, Dassault Systemes, Mentor Graphics, MSC Software, Siemens PLM Software, Altair Engineering, AspenTech, Autodesk, Computational Engineering International, ESI Group, Exa Corporation, Flow Science, NEi Software, Numeca International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global FEA in Automotive Market Report Segments:
The global FEA in Automotive market is segmented on the basis of:
Types
Modeling, Simulation, Design Optimization, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, 4S Shops, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ansys
- CD-adapco
- Dassault Systemes
- Mentor Graphics
- MSC Software
- Siemens PLM Software
- Altair Engineering
- AspenTech
- Autodesk
- Computational Engineering International
- ESI Group
- Exa Corporation
- Flow Science
- NEi Software
- Numeca International
Highlights of The FEA in Automotive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Modeling
- Simulation
- Design Optimization
- Other
- By Application:
- OEMs
- 4S Shops
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the FEA in Automotive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FEA stands for finite element analysis. It is a method used to analyze the behavior of structures, materials, and systems in three dimensions using mathematical models. FEA can help engineers better understand how complex objects will behave under various conditions and can help them make more informed decisions when designing products.
Some of the major players in the fea in automotive market are Ansys, CD-adapco, Dassault Systemes, Mentor Graphics, MSC Software, Siemens PLM Software, Altair Engineering, AspenTech, Autodesk, Computational Engineering International, ESI Group, Exa Corporation, Flow Science, NEi Software, Numeca International.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 FEA in Automotive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 FEA in Automotive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 FEA in Automotive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the FEA in Automotive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global FEA in Automotive Market Size & Forecast, 2020-2028
4.5.1 FEA in Automotive Market Size and Y-o-Y Growth
4.5.2 FEA in Automotive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Modeling
5.2.2 Simulation
5.2.3 Design Optimization
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 4S Shops
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global FEA in Automotive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 FEA in Automotive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Modeling
9.6.2 Simulation
9.6.3 Design Optimization
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 4S Shops
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Modeling
10.6.2 Simulation
10.6.3 Design Optimization
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 4S Shops
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Modeling
11.6.2 Simulation
11.6.3 Design Optimization
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 4S Shops
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Modeling
12.6.2 Simulation
12.6.3 Design Optimization
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 4S Shops
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Modeling
13.6.2 Simulation
13.6.3 Design Optimization
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 4S Shops
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 FEA in Automotive Market: Competitive Dashboard
14.2 Global FEA in Automotive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ansys
14.3.2 CD-adapco
14.3.3 Dassault Systemes
14.3.4 Mentor Graphics
14.3.5 MSC Software
14.3.6 Siemens PLM Software
14.3.7 Altair Engineering
14.3.8 AspenTech
14.3.9 Autodesk
14.3.10 Computational Engineering International
14.3.11 ESI Group
14.3.12 Exa Corporation
14.3.13 Flow Science
14.3.14 NEi Software
14.3.15 Numeca International
