The analysts forecast the Global CFD Market to grow at a CAGR of 9.04% during the period 2018-2022.
CFD is an essential tool for the analysis of complex industrial systems. With advances in CFD, complex systems such as separation systems, pipeline component interferences, and heat exchangers, yield a close estimate of the projected flow properties.
The report covers the present scenario and the growth prospects of the CFD market. To calculate the market size, the report considers the revenue generated from the sales of CFD.
One trend affecting this market is the interlinking of CFD with other feature-rich software With rising demand for CFD software in the manufacturing industry, users are demanding new, feature-rich add-ons to increase their overall productivity, cater to the changing consumer requirements and comply with the growing number of product safety regulations.
One driver influencing this market is the growing need to decrease product development time. Industries are implementing CFD software in their product development system due to the need for technological advances and providing quality products within a shorter span of time to gain a competitive edge in the market.
The report states that one challenge affecting this market is the growing concerns about software and data privacy. Due to growing concerns about data security, manufacturers are concentrating on data security policies that govern the OpenStack cloud models. The fear of leakage of any confidential data is the key concern holding most business back from integrating cloud-based CFD software in their systems.
- Dassault Systmes
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Customer Landscape
8: Market Segmentation By End-User
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/7d6xlg/global_cfd_market?w=4