Global CFD Market 2016-2020




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About CFD

CFD is a tool that analyzes the flow, turbulence, pressure distribution, and interaction of liquids and gases with structures. It is the science of predicting fluid flow, mass transfer, chemical reactions, and related phenomena. The CFD technology uses computers, computational methods, data of fluid viscosity, and fluid flow rates to simulate the flow of fluids. CFD is mostly used in the automotive, aerospace and defense, electronics and semiconductor, and energy industries for study related to thermal, acoustic, and air turbulence.

Technavios analysts forecast the global CFD market to grow at a CAGR of 9.56% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global CFD market for 2016-2020. The report presents the vendor landscape and the corresponding detailed analysis of the major vendors in the market based on revenue. The report considers the revenue obtained from the sales of software licenses.

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

Technavio's report, Global CFD 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
Mentor Graphics, Inc.

Other prominent vendors
Applied Math Modeling
Dassault Systmes

Market driver
Increase in demand for cloud CFD to convert CAPEX to OPEX
For a full, detailed list, view our report

Market challenge
Lack of awareness among end-users about developments in CFD
For a full, detailed list, view our report

Market trend
Growth of R&D in SMEs in aerospace and defense industry
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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