The use of computers to calculate and analyze the simulations related to fluid mechanics is known as Computational Fluid Dynamics (CFD). CFD helps to quantify the effects of fluid flow on solids in contact. CFD facilitates the researchers to quantify and predict effects of simultaneous flow of heat, mass transfer, phase change, chemical reaction, mechanical movements, and stresses in displacement of solids. Moreover, CFD enables the building service engineers and architects to offer contented and safe human environments, power-plant designers to attain maximum efficiency and reduce release of pollutants, chemical engineers to maximize the yields from reactors and processing equipment, land-air and marine vehicle designers to achieve maximum performance at low cost and low risk-and-hazard, analysts and safety engineers to predict the amount of damage (to structures, equipment, human beings, animals and vegetation) by natural or manmade disasters (fires, explosions and blast waves). Besides, the CFD simulation also allows the metropolitan authorities, meteorologists and oceanographers and petroleum engineers to detect and predict the fluid dynamics in their field.
The report concentrates on the different applications of CFD including aerospace & defense, automotive, electrical & electronics, industrial machinery, material and chemical processing, and energy industry. The CFD market is analyzed for all the above listed applications and the rate of penetration of CFD market in these applications is also quantifies and presented in the report.
The report provides detailed insights on different drivers, restraints, and challenges that are expected to impact the market in next 5 years. The future opportunities in terms of applications and geographic presence are also analyzed in the report. The demand and supply side factors with respect to different regions and their impact on the CFD market are also covered in the report. The detailed value chain analysis with industry and market trends of CFD are covered in the report. The supplier to OEM mapping is also covered in the report.
The regional analysis which includes North America, Europe, APAC, Latin America, and Middle-East & Africa is comprehensively covered in the report. Moreover, the country level analysis with special focus on the developing and developed nations is exhaustively covered. In addition to this, the future opportunities for CFD market in developing nations are also covered in the report.
The market entropy section of the report gives competitiveness in the market with analysis of business developments strategies adopted by the leading players in the market. The major development strategies adopted are new product launches and developments, mergers and acquisitions, agreements, collaborations, partnerships, and JVs. Majority of players in the market are also strategizing by investing more in the R&D activities so as better position their products in the market. The leading companies adopted mergers and acquisitions are a major strategy to expand their geographic footprint. The leading players analysis with geographic presence analysis is exhaustively covered in the report.
The key players profiled in the report include:
- Mentor Graphics