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Computational Fluid Dynamics (CFD) Market to Grow at a CAGR of 13.6% During 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Computational Fluid Dynamics (CFD) Market: Global Report 2015-2019” research report to their website

This press release was orginally distributed by SBWire

Lewes, DE -- (SBWIRE) -- 09/17/2015 -- Report forecast the global CFD market to grow at a CAGR of 13.6% over the period 2014-2019.

CFD is a software application that helps end-users analyze the flow, turbulence, and pressure distribution of liquids and gases, and their interaction with structures. It also helps in predicting fluid flow, mass transfer, chemical reactions, and related phenomena. CFD uses high-speed computers, and various numerical methods and solvers to simulate the flow of fluids (gases and liquids).

Simulation refers to the digital prototype of the real-world scenario. This helps detect errors in design before proceeding to production. CFD finds wide ranging applications in industries such as automotive, aerospace and defense, electrical and electronics, and energy. CFDs are used to design fuel systems, engine core compartments, cockpit and cabin ventilation, missiles, submarines, and evaluate aerodynamics in the aerospace and defense industry.

Based on end-users, the global CFD market can be segmented into: aerospace and defense industry, automotive industry, electrical and electronics industry, industrial machinery industry, material and chemical processing industry, energy industry, and others.

Global CFD Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key regions
- Americas

According to the report, companies across various industries require speed, agility, and control in design cycles. Simulation and testing are the two important functions in the design cycle, using which end-users are able to achieve faster time-to-market and profitability. These solutions require high-performance computing systems with the capability of processing a large volume of data. However, lack of IT infrastructure and support staff makes it difficult to manage these systems. To address this issue, companies such as IBM are providing high-performance computing systems in the cloud as well as on premise, such as IBM Platform Computing, which use CFD applications for simulation and testing of products.

Key players in the Global Computational Fluid Dynamics (CFD) Market: ANSYS, CD-adapco, Dassault Systemes, Mentor Graphics and Exa

Market driver
- Availability of high performance computing systems
- For a full, detailed list, view our report

Market challenge
- Inaccurate prediction of fluid flow behaviour for highly complex geometries
- For a full, detailed list, view our report

Market trend
- Demand for application specific CFD
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 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?

Spanning over 66 pages "Computational Fluid Dynamics (CFD) Market: Global Report 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Industry overview, PLM overview, Market landscape, Market segmentation by end user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

For further information on this report, please visit-

Other Reports;

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Media Relations Contact

Sudeep Chakravarty
GM - Operations
Market Research Reports, Inc.
Telephone: 302-703-7787
Email: Click to Email Sudeep Chakravarty

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