Bottom Article Ad

Wednesday, May 26, 2021

Global Computational Fluid Dynamics Market to be Driven by Rapid Innovations in the Aerospace and Aeronautical Industries in the Forecast Period of 2021-2026

The new report by EMR titled, ‘Global Computational Fluid Dynamics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global computational fluid dynamics market, assessing the market based on its segments like deployment model, End Use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary:

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 1.8 Billion
  • Forecast CAGR (2021-2026): 12%
  • Forecast Market Size (2026): USD 3.5 Billion

The market’s expansion can be due to rapid technological advances in the aerospace and aeronautical industries. In the maintenance of various important aerospace components and parts, computational fluid dynamics is used. It is used to automate engine cooling and fuel delivery systems, for example. In the coming years, North America and Europe are expected to take the lead in global demand for computational fluid dynamics.

Industry Definition and Major Segments

Computational fluid dynamics, or CFD, is the computer-based simulation of processes involving fluid flow, heat transfer, and other related phenomena. It visualises the effect of a gas or liquid on a fast-flowing object using applied mathematics, physics, and computational tools. CFD is a low-cost method of testing product prototypes before they are published. The aerospace industry has used CFD techniques in the design, R&D, and manufacturing of aircraft and jet engines since the 1960s.

Explore the full report with the table of contents:

The market can be broadly categorised based on deployment model:

  • Cloud-Based
  • On-Premises

The market can be broadly categorised based on its end uses into:

  • Automotive
  • Aerospace and Defence
  • Electrical and Electronics
  • Industrial Machinery
  • Energy
  • Material and Chemical Processing
  • Others

The global regions for computational fluid dynamics market include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Rapid advances in the automotive, aerospace, and aeronautical industries have contributed to the market’s rise. CFD is used to manage many important aircraft systems and components in these industries. Internal combustion engines, gas turbines, combustion chambers, and furnaces have all recently been developed using a range of methods. Automobile manufacturers, on the other hand, are now using CFD to predict drag forces, low-coil air flows, and the in-car climate. It is used to improve engine cooling and fuel distribution systems, for example. Prior to their development and implementation, CFD can also predict the efficiency of new processes and designs.

Key Market Players

The major players in the market are Altair Engineering, Inc., ANSYS, Inc., Autodesk Inc., COMSOL AB., Hexagon AB, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Read More Reports:

Global Motor Repair and Maintenance Market:

Global Maritime Information Market:

Global Mobile Payment Market:

Global Lyocell Fibre Market:

Global Neodymium-Iron-Boron Magnet Market:

Global Logistics Market:

Global Multi Cooker Market:

Global Minimally Invasive Surgery Market:

Global Lithium Compound Market:

Global Microdisplay Market:

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Ian Bell, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


Post a Comment