Computational Fluid Dynamics Market to Grow at 13.6% CAGR to 2019

Sep 18, 2015, 06:00 ET from ReportsnReports

PUNE, India, September 18, 2015 /PRNewswire/ --

Global Computational Fluid Dynamics Market 2015-2019 research report segments the CFD industry into aerospace and defense industry, automotive industry, electrical and electronics industry, industrial machinery industry, material and chemical processing industry, energy industry and others.

Complete report on computational fluid dynamics market spread across 128 pages, analyzing 5 major companies and supported with 52 data exhibits is now available at http://www.reportsnreports.com/reports/422541-computational-fluid-dynamics-cfd-market-global-report-2015-2019.html .

Commenting on this latest computational fluid dynamics market research, an analyst said: "Every industry has unique, customized process functions. This gives rise to the demand for special-purpose CFD software. Many large vendors are offering and developing CFD software specific to end-user industries and applications. EXA, a CFD provider, is focusing on providing application-specific CFD as a part of its growth strategy. The applications management team of the company finds new applications for customers and provides solutions through new simulation product. The availability of application-specific CFD will lead to higher demand for computational fluid dynamics market, as different applications require different CFD solutions. For instance, evaluation of vehicles under different operating conditions and configurations requires unique simulation solutions."

According to the 2015 computational fluid dynamics market 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 computational fluid dynamics market applications for simulation and testing of products. Further, the report states that inaccurate prediction of fluid flow behavior for highly complex geometries is hindering the growth of computational fluid dynamics market.

Companies mentioned in this computational fluid dynamics market 2015 to 2019 research include ANSYS, CD-adapco, Dassault Systemes, Mentor Graphics, EXA, Altair Engineering, Autodesk, CEI, COMSOL, ESI, MSC Software and NUMECA.  Order a copy of Global Computational Fluid Dynamics Market 2015-2019 research report at http://www.reportsnreports.com/Purchase.aspx?name=422541 .

This computational fluid dynamics market research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers 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. Questions like what will the market size be in 2019 and what will the growth rate be? What are the key computational fluid dynamics 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 computational fluid dynamics market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? can be easily answered with help  of this research.

Other Related Reports:

CFD Market in the APAC Region 2015-2019: Analysts forecast the CFD market in APAC will grow at a CAGR of 14.65% over the period 2014-2019 with growing demand from discrete industries as one of the major market drivers. Ansys, CD Adapco Group, Mentor Graphics, AspenTech, Bentley Systems, Autodesk, COMSOL, Dassault Systèmes, ESI Group, EXA, Flow Science and Numeca International are companies mentioned in this 57 pages research report on computational fluid dynamics market in APAC at http://www.reportsnreports.com/reports/344253-cfd-market-in-the-apac-region-2015-2019.html .

Global CFD Market in the Automotive Industry 2015-2019: Forecast to grow at 18.23% CAGR to 2019, reduction in product design and development costs is one of the key market drivers here. ANSYS, Autodesk, CD-adapco Group, COMSOL, ESI Group, Mentor Graphics, AspenTech, Bentley Systems, Computational Engineering International, Dassault Systèmes, EXA, Flow Science and Numeca International are companies mentioned in this 84 pages research report on computational fluid dynamics market in automotive industry published in 2015 and available at http://www.reportsnreports.com/reports/335341-global-cfd-market-in-the-automotive-industry-2015-2019.html .

Explore more reports on the IT and Telecommunication market at http://www.reportsnreports.com/market-research/information-technology/ .

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