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Global Computational Fluid Dynamics (CFD) Strategic Business Report 2023: Myriad Benefits of CFD Provide Growth Opportunities
Global Market for Computational Fluid Dynamics (CFD)
Dublin, March 17, 2023 (GLOBE NEWSWIRE) -- The "Computational Fluid Dynamics (CFD): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Computational Fluid Dynamics (CFD) estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.
Cloud-Based, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$2.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the On-Premise segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $644.1 Million, While China is Forecast to Grow at 9.1% CAGR
The Computational Fluid Dynamics (CFD) market in the U.S. is estimated at US$644.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$439.6 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 7.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
Select Competitors (Total 96 Featured) -
Altair Engineering, Inc.
Ansys, Inc.
Autodesk Inc.
Bentley Systems Inc.
BeyondMath Limited
Cadence Design Systems, Inc.
COMSOL AB
Convergent Science, Inc.
CPFD Software LLC
Dassault Systemes
ESI Group
Flow Science Inc.
Fluidyn France, SARL
Hexagon AB
PTC Inc.
Siemens AG
SimScale GmbH
Stymer Technologies Pvt. Ltd.
Synopsys Inc.
The MathWorks Inc.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Attributes:
Report Attribute | Details |
No. of Pages | 369 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $2 Billion |
Forecasted Market Value (USD) by 2030 | $3.8 Billion |
Compound Annual Growth Rate | 8.4% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession
Living with COVID-19: The New Normal
Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
Role of CFD in Multiscale Study of Oil-in-Water Emulsions
CFD Simulations in Reducing Risk of Aerosol Dispersion
An Introduction to Computational Fluid Dynamics (CFD)
Computational Fluid Dynamics: An Evolutionary Scan
Phases of CFD
Governing Equations
Major CFD Applications
Global Market Prospects & Outlook
Developing Economies to Boost Long-term Growth
Competition
Major Startups Operating in the Computational Fluid Dynamics Space
Computational Fluid Dynamics (CFD) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
CFD: An Integral Part of Engineering Analysis & Design
Myriad Benefits of CFD Provide Growth Opportunities
Significant Role of CFD in Design and Development Processes
Growing Role of CFD in Critical Aircraft Systems and Components to Fuel Adoption in Aerospace & Defense Industry
Impact of COVID-19 Pandemic on Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020
Global Airlines Performance by Region: 2020 Vs 2019
Automotive Industry to Stimulate Demand for CFD Solutions
World Automobile Production in Million Units: 2008-2022
Increasing Sales of EVs to Present Opportunities for CFD Market
CFD Aims to Address Major Challenges in EVs
Global EV Stock (in Thousand Units) for 2015, 2018 and 2021
Shift towards Cloud-based CFD Emerges as a Notable Trend
Cloud-based CFD Offers Numerous Benefits for Bioreactors
Introduction of Innovative Technologies Fuel Growth for Computational Fluid Dynamics Market
Notable Trends in Computational Fluid Dynamics Space
Rise in Cloud Services and Resultant Growth in Data Centers Fuels Demand for CFD for Thermal Modeling Purposes
Global Data Center Infrastructure Market (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
Accuracy of Data Center CFD Models: A Major Concern
Outsourcing of Manufacturing Activities to Emerging Nations Spurs Demand for CFD Solutions
Role of CFD in Optimizing Cleanroom Design for Pharma and Biopharma Industry
Global Cleanroom Technologies Market Size (in US$ Billion) for Years 2021, 2023, 2025 and 2027
Promising & Emerging Clinical Applications of CFD Analysis in Ophthalmology
CFD Modeling & Simulation for Hydrofracking Reactors and Crude Oil Pipelines
CFD Solutions Find Use in All Aspects of Oil & Gas Industry
Utility of Computational Fluid Dynamics Simulation Program
Effect of Heat Capacity and Density on Pipe Distance
CFD Analysis Helps Power Plants to Achieve High Efficiency Levels
CFD to Revolutionize Water Industry
GPU Acceleration Driving the CFD Revolution
CAD-Embedded CFD: Offering Value to Customers
CFD Simulation Use in Design & Control of Ventilation Systems Faces Difficulties
Accuracy and Fidelity: Two Key Hurdles for CFDs of APP Flow
Open Source CFD Software: A Major Threat to CFD Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/rcnrl5
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