TechNavio’s analysts forecast the Global FEA market in the Automotive industry to grow at a CAGR of 13.11 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from developing countries. The Global FEA market in the Automotive industry has also been witnessing the increasing demand for integrated FEA software. However, the increasing popularity of open-source FEA software could pose a challenge to the growth of this market. TechNavio’s report, the Global FEA Market in the Automotive Industry 2012-2016, has been prepared based on an in-depth market analysis with inputs from …
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