Enjoy complimentary customisation on priority with our Enterprise License!
Technavio’s market research analyst anticipates the global market for cloud CFD to grow at a CAGR of almost 11% by 2020. Recently, it has been noted that with the growth in cloud services, the demand for data centers has increased considerably. Computational fluid dynamics (CFD) is widely used for thermal modeling in data centers as it helps in identifying hot spots with lesser air flow and in analyzing the effectiveness of cooling in the data center racks by providing a 3-D analysis of cold air movement. Additionally, areas that obtain more cooling than required can be easily identified using CFD. Since CFD is beneficial for understanding the changes that result from the addition of new equipment, its demand among the end-users will rise significantly over the next few years.
The growth of R&D in aerospace and defense industry is a key trend impelling this market’s growth prospects over the next few years. Extensive market research carried out by the analysts at Technavio has shown that the aerospace and defense industry is the largest end-user of cloud CFD. One significant trend in the industry is the emergence of many SMEs. Though their revenues and sizes are lesser compared to larger companies such as Raytheon, Lockheed Martin, or Boeing, their achievements in the past two to three years has gained them an excellent position in the aerospace and defense industry.
This market is highly fragmented and consists of major players like ANSYS and CD-Adapco and smaller players such as Ceetron and Applied Math Modeling. In this market, most companies focus on continually innovating products. With the addition of each version, the company incorporates new code-solving methods and analysis.
Key vendors in this market are -
Other prominent vendors in this market are NUMECA, FloSolve, Altair, Applied Math Modeling, ESI, and Ceetron.
This market was dominated by the Americas during 2015 as it accounted for a market share of more than 40%. Massive spending on R&D in the aerospace and defense and automotive industries is a critical factor spurring this market’s growth prospects over the next few years. Additionally, factors like the launch of numerous aerospace programs, including space missions by NASA, will also help in driving this market’s growth in this region over the next four years.
Technavio also offers customization on reports based on specific client requirement.
CFD is a software application that helps end users study the interaction of fluids with solids and analyze the pressure distribution, turbulence, and flow of fluids. This software also helps in predicting fluid flow, mass transfer, and chemical reactions. CFD employs high-speed computers, various numerical methods, and solvers to simulate the flow of gasses and liquids. This software has several applications across many industries including aerospace and defense, automotive, electrical and electronics, and energy. For example, in the aerospace and defense industry, CFD is used to design fuel systems, core engine compartments, cockpit and cabin ventilation, missiles, submarines, and aerodynamics.
The report, global cloud CFD market, is part of Technavio’s ICT research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as automatic identification system, cloud computing, data center, enterprise application, IT security, ITO and BPO, and product lifecycle management. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: PLM market overview
PART 06: Role of PLM in product development
PART 07: Overview of CAE
PART 08: Market landscape
PART 09: Geographic segmentation
PART 10: Key leading countries
PART 11: Market segmentation by end-user
PART 12: Buying criteria
PART 13: Market drivers
PART 14: Market trends
PART 15: Market challenges
PART 16: Vendor landscape
PART 17: Appendix
PART 18: Explore Technavio
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.