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Global Computational Fluid Dynamics Market: By Deployment Model: Cloud-Based Model, On-Premises Model; By End Use: Automotive, Aerospace and Defence, Electrical and Electronics, Industrial Machinery; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Computational Fluid Dynamics Market Outlook 

The global computational fluid dynamics market attained a value of USD 1.8 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 12% to reach USD 3.5 billion by 2026.

 

Computational Fluid Dynamics Market

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The growth of the market can be attributed to rapid innovations in the aerospace and aeronautical industries. Computational fluid dynamics is used in the maintenance of various essential aerospace components and parts. For instance, it is used to automate engine cooling and fuel distribution systems. North America and Europe are projected to acquire the largest share in the global demand for computational fluid dynamics in the coming years.

 

Computational Fluid Dynamics Market by Deployment Model

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Properties and Applications 

Computational fluid dynamics or CFD is the numerical analysis of systems involving fluid flow, heat transfer, and other associated phenomena by computer-based simulation. It uses applied mathematics, physics, and computational software to visualise the effect of a gas or liquid on a fast-flowing object. CFD is a cost-effective method of testing prototypes of products before they are launched. Since the 1960s, the aerospace industry has integrated CFD techniques into the design, R&D, and manufacturing of aircraft and jet engines.

The market can be broadly categorised based on deployment model:

  • Cloud-Based
  • On-Premises

The market can be broadly categorised based on its end uses into:

  • Automotive
  • Aerospace and Defence
  • Electrical and Electronics
  • Industrial Machinery
  • Energy
  • Material and Chemical Processing
  • Others

The EMR report looks into the regional markets of Europe, Asia Pacific, North America, Middle East and Africa, Latin America.

 

Computational Fluid Dynamics Market by Region

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Market Analysis 

The growth of the market can be attributed to rapid advancements in the motor vehicle, aerospace, and aeronautical industries. In these sectors, CFD is used to maintain several critical aircraft systems and components. Recently several methods have been applied to the design of internal combustion engines, gas turbines, combustion chambers, and furnaces. Whereas, motor vehicle manufacturers are now routinely predicting drag forces, low-coil air flows, and the in-car environment with CFD. For instance, it is used to optimise engine cooling and fuel delivery systems. CFD can also predict the performance of new processes and designs prior to their production and implementation. As a result, it has become an integral part of the engineering analysis and design environment in several organisations. 

 

Competitive Landscape 

The report presents a detailed analysis of the following key players in the global computational fluid dynamics market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Altair Engineering, Inc.
  • ANSYS, Inc.
  • Autodesk Inc.
  • COMSOL AB.
  • Hexagon AB
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Deployment Model, End Use, Region
Breakup by Deployment Model Cloud-Based Model, On-Premises Model
Breakup by End Use Automotive, Aerospace and Defence, Electrical and Electronics, Industrial Machinery, Energy, Material and Chemical Processing, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Altair Engineering, Inc., ANSYS, Inc., Autodesk Inc., COMSOL AB., Hexagon AB, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Computational Fluid Dynamics Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Computational Fluid Dynamics Historical Market (2016-2020) 
    8.3    Global Computational Fluid Dynamics Market Forecast (2021-2026)
    8.4    Global Computational Fluid Dynamics Market by Deployment Model
        8.4.1    Cloud-Based Model
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    On-Premises Model
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Computational Fluid Dynamics Market by End Use
        8.5.1    Automotive
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Aerospace and Defence
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Electrical and Electronics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Industrial Machinery
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Energy
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Material and Chemical Processing
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
        8.5.7    Others
    8.6    Global Computational Fluid Dynamics Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Key Players 
    12.3    Company Profiles
        12.3.1    Altair Engineering, Inc.
            12.3.1.1    Company Overview
            12.3.1.2    Product Portfolio
            12.3.1.3    Demographic Reach and Achievements
            12.3.1.4    Certifications
        12.3.2    ANSYS, Inc.
            12.3.2.1    Company Overview
            12.3.2.2    Product Portfolio
            12.3.2.3    Demographic Reach and Achievements
            12.3.2.4    Certifications
        12.3.3    Autodesk Inc.
            12.3.3.1    Company Overview
            12.3.3.2    Product Portfolio
            12.3.3.3    Demographic Reach and Achievements
            12.3.3.4    Certifications
        12.3.4    COMSOL AB.
            12.3.4.1    Company Overview
            12.3.4.2    Product Portfolio
            12.3.4.3    Demographic Reach and Achievements
            12.3.4.4    Certifications
        12.3.5    Hexagon AB
            12.3.5.1    Company Overview
            12.3.5.2    Product Portfolio
            12.3.5.3    Demographic Reach and Achievements
            12.3.5.4    Certifications
        12.3.6    Others
13    Industry Events and Developments

 

List of Figures and Tables
1.    Global Computational Fluid Dynamics Market: Key Industry Highlights, 2016 and 2026
2.    Global Computational Fluid Dynamics Historical Market: Breakup by Deployment Model (USD Billion), 2016-2020
3.    Global Computational Fluid Dynamics Market Forecast: Breakup by Deployment Model (USD Billion), 2021-2026
4.    Global Computational Fluid Dynamics Historical Market: Breakup by End Use (USD Billion), 2016-2020
5.    Global Computational Fluid Dynamics Market Forecast: Breakup by End Use (USD Billion), 2021-2026
6.    Global Computational Fluid Dynamics Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Computational Fluid Dynamics Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Computational Fluid Dynamics Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Computational Fluid Dynamics Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Computational Fluid Dynamics Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Computational Fluid Dynamics Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Computational Fluid Dynamics Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Computational Fluid Dynamics Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Computational Fluid Dynamics Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Computational Fluid Dynamics Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Computational Fluid Dynamics Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Computational Fluid Dynamics Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Computational Fluid Dynamics Market Structure

Key Questions Answered in the Report

In 2020, the global computational fluid dynamics market attained a value of nearly USD 1.8 billion.

The market is projected to grow at a CAGR of 12% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 3.5 billion by 2026. 

The major drivers of the industry, such as rapid innovations in the aerospace and aeronautical industries and the rising demand from the end use segments, are expected to aid the market growth.

The key trend guiding the growth of the market includes the rising demand of the product due to its ability to predict the performance of new processes and designs prior to their production and implementation, which is required in several organisations.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America and Europe accounting for the largest share in the market.

The major deployment models of the product in the industry are cloud-based model and on-premises model.

The major end uses of the product are automotive, aerospace and defence, electrical and electronics, industrial machinery, energy, and material and chemical processing, among others.

The major players in the industry are Altair Engineering, Inc., ANSYS, Inc., Autodesk Inc., COMSOL AB., and Hexagon AB, among others.

Analyst Review

The global computational fluid dynamics market attained a value of USD 1.8 billion in 2020, driven by the rising demand from the end-use segments. Aided by the growing demand for the product from several organisations, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 12%. The market is projected to reach USD 3.5 billion by 2026. 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its deployment model, the computational fluid dynamics industry can be segmented into cloud-based model and on-premises model. On the basis of end uses, the market is divided into automotive, aerospace and defence, electrical and electronics, industrial machinery, energy, material and chemical processing, and others. The major regional markets for computational fluid dynamics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America and Europe accounting for the largest share of the market. The key players in the above market include Altair Engineering, Inc., ANSYS, Inc., Autodesk Inc., COMSOL AB., Hexagon AB, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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