GLOBAL COMPUTATIONAL FLUID DYNAMICS (CFD) MARKET 2014-2018

Global Computational Fluid Dynamics (CFD) Market 2014-2018

To analyze the flow, turbulence, and pressure distribution of liquids and gases, and their interaction with structures, various end-users implement the CFD software. CFD is the science of predicting fluid flow, mass transfer, chemical reactions, and related phenomenon. To simulate the flow of fluids (gases and liquids), CFD uses high-speed computers, various numerical methods, and solvers. Simulation is nothing but the digital prototype of the real world scenario, which helps in detecting errors in designing. CFD finds wide applications in industries such as Automotive, Aerospace and Defense, Electrical and Electronics, and Energy. In the Aerospace and Defense industry, CFD is used to design fuel systems, engine core compartments, cockpit and cabin ventilation, missiles, and submarines, and also in aerodynamics design.

TechNavio's analysts forecast the Global CFD market to grow at a CAGR of 12.85 percent over the period 2013-2018.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global CFD market during the period 2014-2018. To calculate the market size, the report considers the revenue generated from the offerings of CFD services and products.

The Global CFD Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global CFD market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions
• Americas
• APAC
• EMEA

Key Vendors
• Ansys
• CD-adapco Group
• COMSOL
• ESI Group
• EXA Corp.
• Mentor Graphics

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CFD Market in Aerospace and Defense Industry 1 year 46 weeks ago: TechNavio's analysts forecast the Global CFD market in the Aerospace and Defense industry to grow at a CAGR of 13.8 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing military expenditures in the developing countries. The Global CFD market in the Aerospace and Defense industry has also been witnessing the use of GPU accelerators in CFD simulation. However, development of in-house or research codes could pose a challenge to the growth of this market.
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