Published on : Jun 30, 2016
ALBANY, New York, June 30, 2016: ResearchMoz.us announces the addition of a new report to its growing market intelligence catalog. The report studies the global simulation and analysis software market and provides reliable forecasts regarding the market’s development from 2016 to 2020. The report includes precise insights derived from extensive primary and secondary research gathered from reliable sources and analyzed using industry-standard analytical tools. The report is titled ‘Global Simulation and Analysis Software Market 2016-2020’ and is available for sale on the official website of ResearchMoz.us.
The report studies the performance of the various segments of the global simulation and analysis software market to provide a granular view of the market. Product type and geography are the major criteria used to segment the global market. The expected impact of major drivers and restraints on the global simulation and analysis software market in the 2016-2020 forecast period is also described in the report. According to the report, the global simulation and analysis software market is expected to exhibit a CAGR of 11.9% from 2016 to 2020.
Simulation and analysis software is a major part of the global product lifestyle management market. It allows users to produce a digital prototype of a product, which can be used to assess the design beforehand and detect potential problems. CFD (computational fluid dynamics), FEA (finite element analysis), and Emag are the major types of simulation and analysis software studied in the report.
The major driver for the global simulation and analysis software market is the rising demand for the integration of CAD (computer-aided design) software in engineering and design endeavors. CAD helps filter out any errors persisting in the design and can be of invaluable help in increasing the reliability of the product. On the other hand, the easy availability of open-source software for simulation and analysis has restrained the global market.
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By end use, the report segments the global simulation and analysis software market into the automotive, industrial machinery, aerospace and defense, and electrical and electronics industries. The overall demand for simulation and analysis software exhibited by each end-use segment is given in the report. The demand figures for each product segment of the simulation and analysis software market from each end user are also given wherever available.
The increasing demand from the global automotive and electronics industries is another key driver for the global simulation and analysis software market, as the technological upgrade brought about by computer-aided design enhancement has helped manufacturers produce error-free and optimized products.
Regionally, the report segments the global simulation and analysis software market into North America, South America, the Middle East, APAC, and Africa. Forecasts about the market’s performance in each region are given in the report, along with a product-wise breakdown of each regional market.
The report also takes into account the competitive landscape of the global simulation and analysis software market, profiling major players such as MSC Software, ANSYS, Siemens PLM Software, and Dassault Systems.
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