DUBLIN, Nov. 4, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/7zgwsj/computational) has announced the addition of the "Computational Fluid Dynamics (CFD) Market: Global Report 2015-2019" report to their offering.
The global CFD market to grow at a CAGR of 13.6% over the period 2014-2019
The report, 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.
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.
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.
Further, the report states that inaccurate prediction of fluid flow behavior for highly complex geometries is hindering this market growth.
Key vendors
Other prominent vendors
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: PLM overview
Part 06: Market landscape
Part 07: Market segmentation by end user
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Other prominent vendors
Part 17: Appendix
For more information visit http://www.researchandmarkets.com/research/7zgwsj/computational
Media Contact:
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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