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Computational Fluid Dynamics (CFD) Software-Global Market Insights and Sales Trends 2024
Synopsis
CFD is a software application that helps end-users analyze the flow, turbulence, and pressure distribution of liquids and gases, and their interaction with structures. It also helps in predicting fluid flow, mass transfer, chemical reactions, and related phenomena. CFD uses high-speed computers, and various numerical methods and solvers to simulate the flow of fluids (gases and liquids). Simulation refers to the digital prototype of the real-world scenario. This helps detect errors in design before proceeding to production. CFD finds wide ranging applications in industries such as automotive, aerospace and defense, electrical and electronics, and energy. CFDs are used to design fuel systems, engine core compartments, cockpit and cabin ventilation, missiles, submarines, and evaluate aerodynamics in the aerospace and defense industry. This report considers the revenue generated from the offerings of CFD services and products.
The global Computational Fluid Dynamics (CFD) Software market size is expected to reach US$ 3393.1 million by 2029, growing at a CAGR of 10.6% from 2023 to 2029. The market is mainly driven by the significant applications of Computational Fluid Dynamics (CFD) Software in various end use industries. The expanding demands from the Aerospace & Defense, Automotive Industry, Electrical and Electronics and Others, are propelling Computational Fluid Dynamics (CFD) Software market. Software Subscription, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Maintenance and Service segment is estimated at % CAGR for the next seven-year period.
Growing Demand in Aerospace and Defense: The aerospace and defense industries heavily rely on CFD software to simulate and optimize aircraft and missile designs, reducing development time and costs while improving performance and safety.
Automotive Industry Advancements: The automotive industry employs CFD software to enhance aerodynamics, improve fuel efficiency, and optimize vehicle design, which is crucial as manufacturers pursue more sustainable and energy-efficient solutions.
High Initial Investment and Licensing Costs: Acquiring and maintaining CFD software can involve substantial initial investment and ongoing licensing costs, making it a significant barrier for smaller companies or startups.
Complexity and Expertise Requirement: CFD simulations can be complex and require expertise in computational fluid dynamics and numerical methods. This may lead to challenges in using the software effectively without skilled personnel.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Computational Fluid Dynamics (CFD) Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Computational Fluid Dynamics (CFD) Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Computational Fluid Dynamics (CFD) Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Computational Fluid Dynamics (CFD) Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Computational Fluid Dynamics (CFD) Software covered in this report include ANSYS, Siemens, Dassault Systèmes, PTC Inc., Altair Engineering, NUMECA International, Convergent Science, Hexagon AB and ESI Group, etc.
The global Computational Fluid Dynamics (CFD) Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ANSYS
Siemens
Dassault Systèmes
PTC Inc.
Altair Engineering
NUMECA International
Convergent Science
Hexagon AB
ESI Group
Autodesk
Global Computational Fluid Dynamics (CFD) Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Computational Fluid Dynamics (CFD) Software market, Segment by Type:
Software Subscription
Maintenance and Service
Global Computational Fluid Dynamics (CFD) Software market, by Application
Aerospace & Defense
Automotive Industry
Electrical and Electronics
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Computational Fluid Dynamics (CFD) Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
CFD is a software application that helps end-users analyze the flow, turbulence, and pressure distribution of liquids and gases, and their interaction with structures. It also helps in predicting fluid flow, mass transfer, chemical reactions, and related phenomena. CFD uses high-speed computers, and various numerical methods and solvers to simulate the flow of fluids (gases and liquids). Simulation refers to the digital prototype of the real-world scenario. This helps detect errors in design before proceeding to production. CFD finds wide ranging applications in industries such as automotive, aerospace and defense, electrical and electronics, and energy. CFDs are used to design fuel systems, engine core compartments, cockpit and cabin ventilation, missiles, submarines, and evaluate aerodynamics in the aerospace and defense industry. This report considers the revenue generated from the offerings of CFD services and products.
The global Computational Fluid Dynamics (CFD) Software market size is expected to reach US$ 3393.1 million by 2029, growing at a CAGR of 10.6% from 2023 to 2029. The market is mainly driven by the significant applications of Computational Fluid Dynamics (CFD) Software in various end use industries. The expanding demands from the Aerospace & Defense, Automotive Industry, Electrical and Electronics and Others, are propelling Computational Fluid Dynamics (CFD) Software market. Software Subscription, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Maintenance and Service segment is estimated at % CAGR for the next seven-year period.
Growing Demand in Aerospace and Defense: The aerospace and defense industries heavily rely on CFD software to simulate and optimize aircraft and missile designs, reducing development time and costs while improving performance and safety.
Automotive Industry Advancements: The automotive industry employs CFD software to enhance aerodynamics, improve fuel efficiency, and optimize vehicle design, which is crucial as manufacturers pursue more sustainable and energy-efficient solutions.
High Initial Investment and Licensing Costs: Acquiring and maintaining CFD software can involve substantial initial investment and ongoing licensing costs, making it a significant barrier for smaller companies or startups.
Complexity and Expertise Requirement: CFD simulations can be complex and require expertise in computational fluid dynamics and numerical methods. This may lead to challenges in using the software effectively without skilled personnel.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Computational Fluid Dynamics (CFD) Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Computational Fluid Dynamics (CFD) Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Computational Fluid Dynamics (CFD) Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Computational Fluid Dynamics (CFD) Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Computational Fluid Dynamics (CFD) Software covered in this report include ANSYS, Siemens, Dassault Systèmes, PTC Inc., Altair Engineering, NUMECA International, Convergent Science, Hexagon AB and ESI Group, etc.
The global Computational Fluid Dynamics (CFD) Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ANSYS
Siemens
Dassault Systèmes
PTC Inc.
Altair Engineering
NUMECA International
Convergent Science
Hexagon AB
ESI Group
Autodesk
Global Computational Fluid Dynamics (CFD) Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Computational Fluid Dynamics (CFD) Software market, Segment by Type:
Software Subscription
Maintenance and Service
Global Computational Fluid Dynamics (CFD) Software market, by Application
Aerospace & Defense
Automotive Industry
Electrical and Electronics
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Computational Fluid Dynamics (CFD) Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Computational Fluid Dynamics (CFD) Software
1.1 Computational Fluid Dynamics (CFD) Software Market Overview
1.1.1 Computational Fluid Dynamics (CFD) Software Product Scope
1.1.2 Computational Fluid Dynamics (CFD) Software Market Status and Outlook
1.2 Global Computational Fluid Dynamics (CFD) Software Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Computational Fluid Dynamics (CFD) Software Market Size by Region (2018-2029)
1.4 Global Computational Fluid Dynamics (CFD) Software Historic Market Size by Region (2018-2023)
1.5 Global Computational Fluid Dynamics (CFD) Software Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Computational Fluid Dynamics (CFD) Software Market Size (2018-2029)
1.6.1 North America Computational Fluid Dynamics (CFD) Software Market Size (2018-2029)
1.6.2 Europe Computational Fluid Dynamics (CFD) Software Market Size (2018-2029)
1.6.3 Asia-Pacific Computational Fluid Dynamics (CFD) Software Market Size (2018-2029)
1.6.4 Latin America Computational Fluid Dynamics (CFD) Software Market Size (2018-2029)
1.6.5 Middle East & Africa Computational Fluid Dynamics (CFD) Software Market Size (2018-2029)
2 Computational Fluid Dynamics (CFD) Software Market by Type
2.1 Introduction
2.1.1 Software Subscription
2.1.2 Maintenance and Service
2.2 Global Computational Fluid Dynamics (CFD) Software Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Computational Fluid Dynamics (CFD) Software Historic Market Size by Type (2018-2023)
2.2.2 Global Computational Fluid Dynamics (CFD) Software Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Type (2018-2029)
3 Computational Fluid Dynamics (CFD) Software Market Overview by Application
3.1 Introduction
3.1.1 Aerospace & Defense
3.1.2 Automotive Industry
3.1.3 Electrical and Electronics
3.1.4 Others
3.2 Global Computational Fluid Dynamics (CFD) Software Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Computational Fluid Dynamics (CFD) Software Historic Market Size by Application (2018-2023)
3.2.2 Global Computational Fluid Dynamics (CFD) Software Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Computational Fluid Dynamics (CFD) Software Revenue Breakdown by Application (2018-2029)
4 Computational Fluid Dynamics (CFD) Software Competition Analysis by Players
4.1 Global Computational Fluid Dynamics (CFD) Software Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Computational Fluid Dynamics (CFD) Software as of 2022)
4.3 Date of Key Players Enter into Computational Fluid Dynamics (CFD) Software Market
4.4 Global Top Players Computational Fluid Dynamics (CFD) Software Headquarters and Area Served
4.5 Key Players Computational Fluid Dynamics (CFD) Software Product Solution and Service
4.6 Competitive Status
4.6.1 Computational Fluid Dynamics (CFD) Software Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ANSYS
5.1.1 ANSYS Profile
5.1.2 ANSYS Main Business
5.1.3 ANSYS Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.1.4 ANSYS Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.1.5 ANSYS Recent Developments
5.2 Siemens
5.2.1 Siemens Profile
5.2.2 Siemens Main Business
5.2.3 Siemens Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.2.4 Siemens Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.2.5 Siemens Recent Developments
5.3 Dassault Systèmes
5.3.1 Dassault Systèmes Profile
5.3.2 Dassault Systèmes Main Business
5.3.3 Dassault Systèmes Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.3.4 Dassault Systèmes Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.3.5 PTC Inc. Recent Developments
5.4 PTC Inc.
5.4.1 PTC Inc. Profile
5.4.2 PTC Inc. Main Business
5.4.3 PTC Inc. Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.4.4 PTC Inc. Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.4.5 PTC Inc. Recent Developments
5.5 Altair Engineering
5.5.1 Altair Engineering Profile
5.5.2 Altair Engineering Main Business
5.5.3 Altair Engineering Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.5.4 Altair Engineering Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.5.5 Altair Engineering Recent Developments
5.6 NUMECA International
5.6.1 NUMECA International Profile
5.6.2 NUMECA International Main Business
5.6.3 NUMECA International Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.6.4 NUMECA International Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.6.5 NUMECA International Recent Developments
5.7 Convergent Science
5.7.1 Convergent Science Profile
5.7.2 Convergent Science Main Business
5.7.3 Convergent Science Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.7.4 Convergent Science Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.7.5 Convergent Science Recent Developments
5.8 Hexagon AB
5.8.1 Hexagon AB Profile
5.8.2 Hexagon AB Main Business
5.8.3 Hexagon AB Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.8.4 Hexagon AB Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.8.5 Hexagon AB Recent Developments
5.9 ESI Group
5.9.1 ESI Group Profile
5.9.2 ESI Group Main Business
5.9.3 ESI Group Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.9.4 ESI Group Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.9.5 ESI Group Recent Developments
5.10 Autodesk
5.10.1 Autodesk Profile
5.10.2 Autodesk Main Business
5.10.3 Autodesk Computational Fluid Dynamics (CFD) Software Products, Services and Solutions
5.10.4 Autodesk Computational Fluid Dynamics (CFD) Software Revenue (US$ Million) & (2018-2023)
5.10.5 Autodesk Recent Developments
6 North America
6.1 North America Computational Fluid Dynamics (CFD) Software Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Computational Fluid Dynamics (CFD) Software Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Computational Fluid Dynamics (CFD) Software Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Computational Fluid Dynamics (CFD) Software Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Computational Fluid Dynamics (CFD) Software Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Computational Fluid Dynamics (CFD) Software Market Dynamics
11.1 Computational Fluid Dynamics (CFD) Software Industry Trends
11.2 Computational Fluid Dynamics (CFD) Software Market Drivers
11.3 Computational Fluid Dynamics (CFD) Software Market Challenges
11.4 Computational Fluid Dynamics (CFD) Software Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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