The global computational fluid dynamics market is anticipated to grow at a CAGR of 8.4% during the forecast period. The ongoing researches on computational fluid dynamics to find out their potential usage in complex design is a key factor driving the growth of the global market. For instance, a research work published in May 2023 shown that machine learning based on computational fluid dynamics enables geometric design optimization of the NeoVAD blades. Big data methods using a statistical approach can contribute to the optimization of computational fluid dynamics analysis by reducing total simulation time in relation to the configuration of pumps and the plants where they are installed.
A computational fluid dynamics analysis can also provide engineers with detailed information on fluid flow behaviour such as distribution of pressure, velocity, and temperature. It’s used in all stages of the engineering process, from the conceptual studies of new designs to detailed product development and optimization. CFD simulations are highly computationally expensive and time consuming, as they require large complex models to solve on a traditional workstation. As innovation is moving at lightning speed, leveraging the power of cloud may help engineers to focus on what matters the most: designing better products faster. In fact, the cloud eliminates the hardware barrier, so designers only need to focus on CFD simulations. It also allows engineers to scale up and down and to access burst capacity to meet their deadlines.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Deployment Mode
- By End-Users
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Altair Engineering Inc., Dassault Systèmes, Siemens AG, Convergent Science, and Hexagon AB among others.
Computational Fluid Dynamics Market Report Segment
By Deployment Mode
- On Premises
- Cloud-Based
By End-Users
- Automotive
- Aerospace and Defense
- Electrical and Electronics
- Industrial Machinery
- Energy
- Material and Chemical Processing
- Others
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Computational Fluid Dynamics Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Ansys, Inc.
- Autodesk, Inc.
- Bentley Systems Inc.
- BeyondMath Ltd.
- Cadence Design Systems, Inc.
- COMSOL AB
- CPFD Software LLC
- ESI Group
- Flow Science Inc.
- Fluidyn France, SARL
- PTC Inc.
- SimScale GmbH
- Stymer Technologies Pvt. Ltd.
- Synopsys Inc.
- The MathWorks Inc.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
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