The global computational fluid dynamics (CFD) market reached a value of US$ 2,109 Million in 2021. Looking forward, the publisher expects the market to reach US$ 3,428 Million by 2027, exhibiting a CAGR of 8.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor
Computational fluid dynamics (CFD), is a scientific method of numerically analyzing fluid flow, heat transfer and other related phenomena. It utilizes applied mathematics, physics and computational software to visualize the effect of a gas or liquid on the object it flows past. CFD is a cost-effective method of testing product prototypes before their launch. Since its introduction in the 1980s, it has witnessed a range of developments which have enabled it to be used in different fields such as modeling and design, and research and development
At present, the growth of the market can be attributed to rapid advancements in the aerospace and aeronautics industries. In these sectors, CFD is applied in the maintenance of numerous critical systems and components of an aircraft. For instance, it is used for optimizing engine cooling and fuel delivery systems. CFD can also predict the performance of new processes and designs before their production and implementation. Owing to this, it has become an integral part of the engineering analysis and design environment in several organizations
1. What was the size of the global computational fluid dynamics market in 2021?
2. What is the expected growth rate of the global computational fluid dynamics market during 2022-2027?
3. What are the key factors driving the global computational fluid dynamics market?
4. What has been the impact of COVID-19 on the global computational fluid dynamics market?
5. What is the breakup of the global computational fluid dynamics market based on the deployment model?
6. What is the breakup of the global computational fluid dynamics market based on the end user?
7. What are the key regions in the global computational fluid dynamics market?
Computational fluid dynamics (CFD), is a scientific method of numerically analyzing fluid flow, heat transfer and other related phenomena. It utilizes applied mathematics, physics and computational software to visualize the effect of a gas or liquid on the object it flows past. CFD is a cost-effective method of testing product prototypes before their launch. Since its introduction in the 1980s, it has witnessed a range of developments which have enabled it to be used in different fields such as modeling and design, and research and development
At present, the growth of the market can be attributed to rapid advancements in the aerospace and aeronautics industries. In these sectors, CFD is applied in the maintenance of numerous critical systems and components of an aircraft. For instance, it is used for optimizing engine cooling and fuel delivery systems. CFD can also predict the performance of new processes and designs before their production and implementation. Owing to this, it has become an integral part of the engineering analysis and design environment in several organizations
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global computational fluid dynamics (CFD) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on deployment model and end-userBreakup by Deployment Model:
- Cloud-Based Model
- On-Premises Model
Breakup by End-User:
- Automotive
- Aerospace and Defense
- Electrical and Electronics
- Industrial Machinery
- Energy
- Material and Chemical Processing
- Others
Breakup by Region:
- Europe
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players. Key Question Answered in this Report1. What was the size of the global computational fluid dynamics market in 2021?
2. What is the expected growth rate of the global computational fluid dynamics market during 2022-2027?
3. What are the key factors driving the global computational fluid dynamics market?
4. What has been the impact of COVID-19 on the global computational fluid dynamics market?
5. What is the breakup of the global computational fluid dynamics market based on the deployment model?
6. What is the breakup of the global computational fluid dynamics market based on the end user?
7. What are the key regions in the global computational fluid dynamics market?
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1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Computational Fluid Dynamics Market
6 Market Breakup by Deployment Model
7 Market Breakup by End-User
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Note: Product cover images may vary from those shown
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