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Synopsis
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.
Global Thermal Fluid Simulation Software market is projected to reach US$ 3432.1 million in 2029, increasing from US$ 1976 million in 2022, with the CAGR of 7.8% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Thermal Fluid Simulation Software market research.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Thermal Fluid Simulation Software market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
- 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
Segment by Type
- On Premise
- Cloud-based
Segment by Application
- Aerospace and Defense
- Automotive
- Electrical and Electronics
- Others
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia, Nordic Countries, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea,Southeast Asia, India, Australia, Rest of Asia)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
The Thermal Fluid Simulation Software report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Thermal Fluid Simulation Software Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 On Premise
1.2.3 Cloud-based
1.3 Market by Application
1.3.1 Global Thermal Fluid Simulation Software Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Aerospace and Defense
1.3.3 Automotive
1.3.4 Electrical and Electronics
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Thermal Fluid Simulation Software Market Perspective (2018-2029)
2.2 Thermal Fluid Simulation Software Growth Trends by Region
2.2.1 Global Thermal Fluid Simulation Software Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Thermal Fluid Simulation Software Historic Market Size by Region (2018-2023)
2.2.3 Thermal Fluid Simulation Software Forecasted Market Size by Region (2024-2029)
2.3 Thermal Fluid Simulation Software Market Dynamics
2.3.1 Thermal Fluid Simulation Software Industry Trends
2.3.2 Thermal Fluid Simulation Software Market Drivers
2.3.3 Thermal Fluid Simulation Software Market Challenges
2.3.4 Thermal Fluid Simulation Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Thermal Fluid Simulation Software Players by Revenue
3.1.1 Global Top Thermal Fluid Simulation Software Players by Revenue (2018-2023)
3.1.2 Global Thermal Fluid Simulation Software Revenue Market Share by Players (2018-2023)
3.2 Global Thermal Fluid Simulation Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Thermal Fluid Simulation Software Revenue
3.4 Global Thermal Fluid Simulation Software Market Concentration Ratio
3.4.1 Global Thermal Fluid Simulation Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Thermal Fluid Simulation Software Revenue in 2022
3.5 Thermal Fluid Simulation Software Key Players Head office and Area Served
3.6 Key Players Thermal Fluid Simulation Software Product Solution and Service
3.7 Date of Enter into Thermal Fluid Simulation Software Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Thermal Fluid Simulation Software Breakdown Data by Type
4.1 Global Thermal Fluid Simulation Software Historic Market Size by Type (2018-2023)
4.2 Global Thermal Fluid Simulation Software Forecasted Market Size by Type (2024-2029)
5 Thermal Fluid Simulation Software Breakdown Data by Application
5.1 Global Thermal Fluid Simulation Software Historic Market Size by Application (2018-2023)
5.2 Global Thermal Fluid Simulation Software Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Thermal Fluid Simulation Software Market Size (2018-2029)
6.2 North America Thermal Fluid Simulation Software Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Thermal Fluid Simulation Software Market Size by Country (2018-2023)
6.4 North America Thermal Fluid Simulation Software Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Thermal Fluid Simulation Software Market Size (2018-2029)
7.2 Europe Thermal Fluid Simulation Software Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Thermal Fluid Simulation Software Market Size by Country (2018-2023)
7.4 Europe Thermal Fluid Simulation Software Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Thermal Fluid Simulation Software Market Size (2018-2029)
8.2 Asia-Pacific Thermal Fluid Simulation Software Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Thermal Fluid Simulation Software Market Size by Region (2018-2023)
8.4 Asia-Pacific Thermal Fluid Simulation Software Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Thermal Fluid Simulation Software Market Size (2018-2029)
9.2 Latin America Thermal Fluid Simulation Software Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Thermal Fluid Simulation Software Market Size by Country (2018-2023)
9.4 Latin America Thermal Fluid Simulation Software Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Thermal Fluid Simulation Software Market Size (2018-2029)
10.2 Middle East & Africa Thermal Fluid Simulation Software Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Thermal Fluid Simulation Software Market Size by Country (2018-2023)
10.4 Middle East & Africa Thermal Fluid Simulation Software Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ANSYS
11.1.1 ANSYS Company Detail
11.1.2 ANSYS Business Overview
11.1.3 ANSYS Thermal Fluid Simulation Software Introduction
11.1.4 ANSYS Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.1.5 ANSYS Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens Thermal Fluid Simulation Software Introduction
11.2.4 Siemens Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.2.5 Siemens Recent Development
11.3 Mentor Graphics
11.3.1 Mentor Graphics Company Detail
11.3.2 Mentor Graphics Business Overview
11.3.3 Mentor Graphics Thermal Fluid Simulation Software Introduction
11.3.4 Mentor Graphics Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.3.5 Mentor Graphics Recent Development
11.4 EXA
11.4.1 EXA Company Detail
11.4.2 EXA Business Overview
11.4.3 EXA Thermal Fluid Simulation Software Introduction
11.4.4 EXA Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.4.5 EXA Recent Development
11.5 Dassault Systèmes
11.5.1 Dassault Systèmes Company Detail
11.5.2 Dassault Systèmes Business Overview
11.5.3 Dassault Systèmes Thermal Fluid Simulation Software Introduction
11.5.4 Dassault Systèmes Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.5.5 Dassault Systèmes Recent Development
11.6 COMSOL
11.6.1 COMSOL Company Detail
11.6.2 COMSOL Business Overview
11.6.3 COMSOL Thermal Fluid Simulation Software Introduction
11.6.4 COMSOL Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.6.5 COMSOL Recent Development
11.7 Altair Engineering
11.7.1 Altair Engineering Company Detail
11.7.2 Altair Engineering Business Overview
11.7.3 Altair Engineering Thermal Fluid Simulation Software Introduction
11.7.4 Altair Engineering Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.7.5 Altair Engineering Recent Development
11.8 Autodesk
11.8.1 Autodesk Company Detail
11.8.2 Autodesk Business Overview
11.8.3 Autodesk Thermal Fluid Simulation Software Introduction
11.8.4 Autodesk Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.8.5 Autodesk Recent Development
11.9 NUMECA International
11.9.1 NUMECA International Company Detail
11.9.2 NUMECA International Business Overview
11.9.3 NUMECA International Thermal Fluid Simulation Software Introduction
11.9.4 NUMECA International Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.9.5 NUMECA International Recent Development
11.10 Convergent Science
11.10.1 Convergent Science Company Detail
11.10.2 Convergent Science Business Overview
11.10.3 Convergent Science Thermal Fluid Simulation Software Introduction
11.10.4 Convergent Science Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.10.5 Convergent Science Recent Development
11.11 Dassault Systemes
11.11.1 Dassault Systemes Company Detail
11.11.2 Dassault Systemes Business Overview
11.11.3 Dassault Systemes Thermal Fluid Simulation Software Introduction
11.11.4 Dassault Systemes Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.11.5 Dassault Systemes Recent Development
11.12 Hexagon AB
11.12.1 Hexagon AB Company Detail
11.12.2 Hexagon AB Business Overview
11.12.3 Hexagon AB Thermal Fluid Simulation Software Introduction
11.12.4 Hexagon AB Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.12.5 Hexagon AB Recent Development
11.13 ESI
11.13.1 ESI Company Detail
11.13.2 ESI Business Overview
11.13.3 ESI Thermal Fluid Simulation Software Introduction
11.13.4 ESI Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.13.5 ESI Recent Development
11.14 PTC
11.14.1 PTC Company Detail
11.14.2 PTC Business Overview
11.14.3 PTC Thermal Fluid Simulation Software Introduction
11.14.4 PTC Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.14.5 PTC Recent Development
11.15 BETA CAE Systems
11.15.1 BETA CAE Systems Company Detail
11.15.2 BETA CAE Systems Business Overview
11.15.3 BETA CAE Systems Thermal Fluid Simulation Software Introduction
11.15.4 BETA CAE Systems Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.15.5 BETA CAE Systems Recent Development
11.16 Magma
11.16.1 Magma Company Detail
11.16.2 Magma Business Overview
11.16.3 Magma Thermal Fluid Simulation Software Introduction
11.16.4 Magma Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.16.5 Magma Recent Development
11.17 CoreTech System
11.17.1 CoreTech System Company Detail
11.17.2 CoreTech System Business Overview
11.17.3 CoreTech System Thermal Fluid Simulation Software Introduction
11.17.4 CoreTech System Revenue in Thermal Fluid Simulation Software Business (2018-2023)
11.17.5 CoreTech System Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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