MRO Magazine

Research and Markets: Global CFD Market in the Industrial Machinery Sector 2015-2019 – Need to Reduce Product Design Time & Cost


January 12, 2016
By Business Wire News

DUBLIN

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.

Companies Mentioned:

  • ANSYS
  • CD-adapco
  • Dassault Systemes
  • Mentor Graphics
  • Exa
  • Altair
  • Autodesk
  • COMSOL
  • CEI
  • 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

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Machinery and Parts