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Synopsis
The global Thermal Fluid Simulation Software market size was valued at USD 2033.2 million in 2022 and is forecast to a readjusted size of USD 3365.4 million by 2029 with a CAGR of 7.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Thermal Fluid Simulation Software market has experienced rapid growth over the past few years due to several reasons, including:
1. Cloud computing adoption: More companies are shifting toward cloud-based solutions due to scalability, convenience, and accessibility advantages. Vendors are developing web-enabled platforms that leverage the power of remote servers, enabling collaboration across geographically dispersed teams, and providing subscription-based pricing models.
2. Expansion of industrial internet of things (IIoT) and digital twins: A rise in IIoT connectivity means an increasing number of assets and operations can be monitored and optimized using virtual replicas known as "digital twins." Leading vendors are integrating this concept directly into their simulation workflows, permitting real-time monitoring and closed-loop controls.
3. Artificial intelligence and machine learning integration: Machine learning algorithms are being applied to accelerate design exploration, generate better initial guesses for simulations, and even create custom physics-based correlations without explicit knowledge of microscopic details. Some providers focus on AI augmentation of human expertise via data analytics, pattern recognition, and recommendation systems.
4. Improved ease of use and user experience: An emphasis on usability makes these programs accessible to non-experts, enabling them to perform routine tasks and collaborate effectively with domain experts. Advanced visualization techniques like 3D animations and virtual reality views facilitate comprehension and communication.
5. Expansion into adjacent domains: Major players in the field are leveraging their core competencies to venture into related areas like turbomachinery aerodynamics, battery management, and fuel cell simulations. By broadening their portfolios, they aim to capture additional revenue streams and attract customers seeking integrated suites tailored to specific industries.
6. Competition with open source alternatives: Free or low-cost open-source packages have gained ground over time.
Thermal fluid simulation software helps engineers analyze and optimize complex thermofluid systems by simulating their behavior under different operating conditions. These tools allow users to model and predict system performance based on mathematical models, computational algorithms, and numerical calculations.
This report is a detailed and comprehensive analysis for global Thermal Fluid Simulation Software market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
- Global Thermal Fluid Simulation Software market size and forecasts, in consumption value ($ Million), 2018-2029
- Global Thermal Fluid Simulation Software market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
- Global Thermal Fluid Simulation Software market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
- Global Thermal Fluid Simulation Software market shares of main players, in revenue ($ Million), 2018-2023.
The Primary Objectives in This Report Are:
- To determine the size of the total market opportunity of global and key countries
- To assess the growth potential for Thermal Fluid Simulation Software
- To forecast future growth in each product and end-use market
- To assess competitive factors affecting the marketplace.
This report profiles key players in the global Thermal Fluid Simulation Software market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ANSYS, Siemens, Mentor Graphics, EXA and Dassault Systèmes, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Thermal Fluid Simulation Software market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- On Premise
- Cloud-based
Market segment by Application
- Aerospace and Defense
- Automotive
- Electrical and Electronics
- Others
Market segment by players, this report covers
- ANSYS
- Siemens
- Mentor Graphics
- EXA
- Dassault Systèmes
- COMSOL
- Altair Engineering
- Autodesk
- NUMECA International
- Convergent Science
- Dassault Systemes
- Hexagon AB
- ESI
- PTC
- BETA CAE Systems
- Magma
- CoreTech System
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Thermal Fluid Simulation Software product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Thermal Fluid Simulation Software, with revenue, gross margin and global market share of Thermal Fluid Simulation Software from 2018 to 2023.
Chapter 3, the Thermal Fluid Simulation Software competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Thermal Fluid Simulation Software market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Thermal Fluid Simulation Software.
Chapter 13, to describe Thermal Fluid Simulation Software research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Thermal Fluid Simulation Software
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Thermal Fluid Simulation Software by Type
1.3.1 Overview: Global Thermal Fluid Simulation Software Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Thermal Fluid Simulation Software Consumption Value Market Share by Type in 2022
1.3.3 On Premise
1.3.4 Cloud-based
1.4 Global Thermal Fluid Simulation Software Market by Application
1.4.1 Overview: Global Thermal Fluid Simulation Software Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Aerospace and Defense
1.4.3 Automotive
1.4.4 Electrical and Electronics
1.4.5 Others
1.5 Global Thermal Fluid Simulation Software Market Size & Forecast
1.6 Global Thermal Fluid Simulation Software Market Size and Forecast by Region
1.6.1 Global Thermal Fluid Simulation Software Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Thermal Fluid Simulation Software Market Size by Region, (2018-2029)
1.6.3 North America Thermal Fluid Simulation Software Market Size and Prospect (2018-2029)
1.6.4 Europe Thermal Fluid Simulation Software Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Thermal Fluid Simulation Software Market Size and Prospect (2018-2029)
1.6.6 South America Thermal Fluid Simulation Software Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Thermal Fluid Simulation Software Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 ANSYS
2.1.1 ANSYS Details
2.1.2 ANSYS Major Business
2.1.3 ANSYS Thermal Fluid Simulation Software Product and Solutions
2.1.4 ANSYS Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 ANSYS Recent Developments and Future Plans
2.2 Siemens
2.2.1 Siemens Details
2.2.2 Siemens Major Business
2.2.3 Siemens Thermal Fluid Simulation Software Product and Solutions
2.2.4 Siemens Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Siemens Recent Developments and Future Plans
2.3 Mentor Graphics
2.3.1 Mentor Graphics Details
2.3.2 Mentor Graphics Major Business
2.3.3 Mentor Graphics Thermal Fluid Simulation Software Product and Solutions
2.3.4 Mentor Graphics Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Mentor Graphics Recent Developments and Future Plans
2.4 EXA
2.4.1 EXA Details
2.4.2 EXA Major Business
2.4.3 EXA Thermal Fluid Simulation Software Product and Solutions
2.4.4 EXA Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 EXA Recent Developments and Future Plans
2.5 Dassault Systèmes
2.5.1 Dassault Systèmes Details
2.5.2 Dassault Systèmes Major Business
2.5.3 Dassault Systèmes Thermal Fluid Simulation Software Product and Solutions
2.5.4 Dassault Systèmes Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Dassault Systèmes Recent Developments and Future Plans
2.6 COMSOL
2.6.1 COMSOL Details
2.6.2 COMSOL Major Business
2.6.3 COMSOL Thermal Fluid Simulation Software Product and Solutions
2.6.4 COMSOL Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 COMSOL Recent Developments and Future Plans
2.7 Altair Engineering
2.7.1 Altair Engineering Details
2.7.2 Altair Engineering Major Business
2.7.3 Altair Engineering Thermal Fluid Simulation Software Product and Solutions
2.7.4 Altair Engineering Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Altair Engineering Recent Developments and Future Plans
2.8 Autodesk
2.8.1 Autodesk Details
2.8.2 Autodesk Major Business
2.8.3 Autodesk Thermal Fluid Simulation Software Product and Solutions
2.8.4 Autodesk Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Autodesk Recent Developments and Future Plans
2.9 NUMECA International
2.9.1 NUMECA International Details
2.9.2 NUMECA International Major Business
2.9.3 NUMECA International Thermal Fluid Simulation Software Product and Solutions
2.9.4 NUMECA International Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 NUMECA International Recent Developments and Future Plans
2.10 Convergent Science
2.10.1 Convergent Science Details
2.10.2 Convergent Science Major Business
2.10.3 Convergent Science Thermal Fluid Simulation Software Product and Solutions
2.10.4 Convergent Science Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Convergent Science Recent Developments and Future Plans
2.11 Dassault Systemes
2.11.1 Dassault Systemes Details
2.11.2 Dassault Systemes Major Business
2.11.3 Dassault Systemes Thermal Fluid Simulation Software Product and Solutions
2.11.4 Dassault Systemes Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Dassault Systemes Recent Developments and Future Plans
2.12 Hexagon AB
2.12.1 Hexagon AB Details
2.12.2 Hexagon AB Major Business
2.12.3 Hexagon AB Thermal Fluid Simulation Software Product and Solutions
2.12.4 Hexagon AB Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Hexagon AB Recent Developments and Future Plans
2.13 ESI
2.13.1 ESI Details
2.13.2 ESI Major Business
2.13.3 ESI Thermal Fluid Simulation Software Product and Solutions
2.13.4 ESI Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 ESI Recent Developments and Future Plans
2.14 PTC
2.14.1 PTC Details
2.14.2 PTC Major Business
2.14.3 PTC Thermal Fluid Simulation Software Product and Solutions
2.14.4 PTC Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 PTC Recent Developments and Future Plans
2.15 BETA CAE Systems
2.15.1 BETA CAE Systems Details
2.15.2 BETA CAE Systems Major Business
2.15.3 BETA CAE Systems Thermal Fluid Simulation Software Product and Solutions
2.15.4 BETA CAE Systems Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 BETA CAE Systems Recent Developments and Future Plans
2.16 Magma
2.16.1 Magma Details
2.16.2 Magma Major Business
2.16.3 Magma Thermal Fluid Simulation Software Product and Solutions
2.16.4 Magma Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Magma Recent Developments and Future Plans
2.17 CoreTech System
2.17.1 CoreTech System Details
2.17.2 CoreTech System Major Business
2.17.3 CoreTech System Thermal Fluid Simulation Software Product and Solutions
2.17.4 CoreTech System Thermal Fluid Simulation Software Revenue, Gross Margin and Market Share (2018-2023)
2.17.5 CoreTech System Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Thermal Fluid Simulation Software Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Thermal Fluid Simulation Software by Company Revenue
3.2.2 Top 3 Thermal Fluid Simulation Software Players Market Share in 2022
3.2.3 Top 6 Thermal Fluid Simulation Software Players Market Share in 2022
3.3 Thermal Fluid Simulation Software Market: Overall Company Footprint Analysis
3.3.1 Thermal Fluid Simulation Software Market: Region Footprint
3.3.2 Thermal Fluid Simulation Software Market: Company Product Type Footprint
3.3.3 Thermal Fluid Simulation Software Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Thermal Fluid Simulation Software Consumption Value and Market Share by Type (2018-2023)
4.2 Global Thermal Fluid Simulation Software Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global Thermal Fluid Simulation Software Consumption Value Market Share by Application (2018-2023)
5.2 Global Thermal Fluid Simulation Software Market Forecast by Application (2024-2029)
6 North America
6.1 North America Thermal Fluid Simulation Software Consumption Value by Type (2018-2029)
6.2 North America Thermal Fluid Simulation Software Consumption Value by Application (2018-2029)
6.3 North America Thermal Fluid Simulation Software Market Size by Country
6.3.1 North America Thermal Fluid Simulation Software Consumption Value by Country (2018-2029)
6.3.2 United States Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
6.3.3 Canada Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
6.3.4 Mexico Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe Thermal Fluid Simulation Software Consumption Value by Type (2018-2029)
7.2 Europe Thermal Fluid Simulation Software Consumption Value by Application (2018-2029)
7.3 Europe Thermal Fluid Simulation Software Market Size by Country
7.3.1 Europe Thermal Fluid Simulation Software Consumption Value by Country (2018-2029)
7.3.2 Germany Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
7.3.3 France Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
7.3.5 Russia Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
7.3.6 Italy Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific Thermal Fluid Simulation Software Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Thermal Fluid Simulation Software Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Thermal Fluid Simulation Software Market Size by Region
8.3.1 Asia-Pacific Thermal Fluid Simulation Software Consumption Value by Region (2018-2029)
8.3.2 China Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
8.3.3 Japan Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
8.3.4 South Korea Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
8.3.5 India Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
8.3.7 Australia Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
9 South America
9.1 South America Thermal Fluid Simulation Software Consumption Value by Type (2018-2029)
9.2 South America Thermal Fluid Simulation Software Consumption Value by Application (2018-2029)
9.3 South America Thermal Fluid Simulation Software Market Size by Country
9.3.1 South America Thermal Fluid Simulation Software Consumption Value by Country (2018-2029)
9.3.2 Brazil Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
9.3.3 Argentina Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa Thermal Fluid Simulation Software Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Thermal Fluid Simulation Software Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Thermal Fluid Simulation Software Market Size by Country
10.3.1 Middle East & Africa Thermal Fluid Simulation Software Consumption Value by Country (2018-2029)
10.3.2 Turkey Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
10.3.4 UAE Thermal Fluid Simulation Software Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 Thermal Fluid Simulation Software Market Drivers
11.2 Thermal Fluid Simulation Software Market Restraints
11.3 Thermal Fluid Simulation Software Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 Thermal Fluid Simulation Software Industry Chain
12.2 Thermal Fluid Simulation Software Upstream Analysis
12.3 Thermal Fluid Simulation Software Midstream Analysis
12.4 Thermal Fluid Simulation Software Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Published By : GlobalInfoResearch
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