Research and Markets: Global CFD Market in the Industrial Machinery Sector 2015-2019 – Need to Reduce Product Design Time & Cost
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/94m73q/global_cfd_market) has announced the addition of the “Global CFD Market in the Industrial Machinery Sector 2015-2019” report to their offering.
The need to reduce product design time and cost drives the global CFD in the industrial machinery market. The market research report projects a CAGR of 11% over the next four years.
Manufacturers across industries are finding increase in adoption of cloud-based CFD software. The adoption of such software leads to cost reduction and provides easy accessibility and technical computing. The use of cloud-based CFD software also provides vast space for data storage, flexibility, and security. Manufacturers do not have to pay license costs because they can access the software through the cloud.
According to the report, the global CFD market finds an increase in outsourced CFD pre-processing jobs to APAC. India and China are the hubs of these outsourced jobs. Pre-processing involves geometry definition and discretization, boundary condition definition, and physical model definition.
Further, the report states that availability of open-source CFD software in the market poses a serious threat to the revenue generation of many vendors.
- Dassault Systemes
- Mentor Graphics
- ESI Group
- MSC Software.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Product life cycle management overview
PART 06: Market size and forecast
PART 07: Five forces analysis
PART 08: Geographical segmentation
PART 09: EMEA
PART 10: Americas
PART 11: APAC
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Vendor landscape
PART 18: Key vendor analysis
PART 19: Other prominent vendors
For more information visit http://www.researchandmarkets.com/research/94m73q/global_cfd_market
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Sector: Machinery and Parts