Ansys announced its simulation technology to help validate a NASA-backed research program on aviation sustainability. The 5 - project is to test and qualify the use of ammonia as an alternate fuel to power zero-carbon jet engines.
Synopsys announced the development of its 8nm RF design reference flow and companion design solutions kit (DSK). The RF design reference flow attributes tightly integrated solutions from Synopsys and Ansys and will enhance the quality-of-results, time-to-results, and cost-of-results for next-generation RF design.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4188
Published Date: Feb 07, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing innovation in science and technology as well as engineering and the growing transformation in finite element analysis are the major factors driving the growth of the market.
The market size of finite element analysis software is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2024-2036.
The major players in the market are Autodesk, Inc., Synopsys, Inc., Dassault SystÃ¨mes, IBM Corporation, Altair Engineering Inc., Aspen Technology Inc, Siemens PLM Software, Inc., PTC Inc., Comsol AB, and others.
The software segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.