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Global Motion Simulation Market To Expand at a CAGR of 11.27% By 2020 Due To Increasing Popularity of Cloud-based Motion Simulation & Analysis Software: MarketResearchReports.biz

Albany, NY, Aug. 24, 2016 (GLOBE NEWSWIRE) -- About Motion Simulation

A motion simulation-driven approach to product design and development reduces the probability of issues by enabling the engineering teams to assess the performance of their designs quickly under a range of operating parameters at the component, system, and process levels. With the help of simulation software, product designers can quickly analyze how multiple physics influence the product components and evaluate the performance of the overall product. This also speeds the product development process as system-level issues are solved at the initial stage.

Technavios analysts forecast the global motion simulation market to grow at a CAGR of 11.27% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global motion simulation market for 2016-2020. To calculate the market size, we consider revenue generated from sales and aftermarket services of motion simulation software.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio's report, Global Motion Simulation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • ANSYS
  • Autodesk
  • Dassault Systemes
  • Mentor Graphics
  • Siemens PLM

Other prominent vendors

  • Altair
  • Aspen Technology
  • CEI
  • COMSOL
  • ESI Group
  • Exa
  • MSC Software
  • NEi Software
  • NUMECA

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Market driver

  • Use of motion simulation analysis in designing products for IoT ecosystem
  • For a full, detailed list, view our report

Market challenge

  • High cost of motion simulation software
  • For a full, detailed list, view our report

Market trend

  • Introduction of big data and machine learning technology in engineering and motion simulation
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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