Global Computational Fluid Dynamics (CFD) Strategic Business Report 2023: Myriad Benefits of CFD Provide Growth Opportunities


Dublin, March 17, 2023 (GLOBE NEWSWIRE) -- The "Computational Fluid Dynamics (CFD): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Computational Fluid Dynamics (CFD) estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.

Cloud-Based, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$2.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the On-Premise segment is readjusted to a revised 6.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $644.1 Million, While China is Forecast to Grow at 9.1% CAGR

The Computational Fluid Dynamics (CFD) market in the U.S. is estimated at US$644.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$439.6 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 7.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.

Select Competitors (Total 96 Featured) -

  • Altair Engineering, Inc.
  • Ansys, Inc.
  • Autodesk Inc.
  • Bentley Systems Inc.
  • BeyondMath Limited
  • Cadence Design Systems, Inc.
  • COMSOL AB
  • Convergent Science, Inc.
  • CPFD Software LLC
  • Dassault Systemes
  • ESI Group
  • Flow Science Inc.
  • Fluidyn France, SARL
  • Hexagon AB
  • PTC Inc.
  • Siemens AG
  • SimScale GmbH
  • Stymer Technologies Pvt. Ltd.
  • Synopsys Inc.
  • The MathWorks Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages369
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2 Billion
Forecasted Market Value (USD) by 2030$3.8 Billion
Compound Annual Growth Rate8.4%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Living with COVID-19: The New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Role of CFD in Multiscale Study of Oil-in-Water Emulsions
  • CFD Simulations in Reducing Risk of Aerosol Dispersion
  • An Introduction to Computational Fluid Dynamics (CFD)
  • Computational Fluid Dynamics: An Evolutionary Scan
  • Phases of CFD
  • Governing Equations
  • Major CFD Applications
  • Global Market Prospects & Outlook
  • Developing Economies to Boost Long-term Growth
  • Competition
  • Major Startups Operating in the Computational Fluid Dynamics Space
  • Computational Fluid Dynamics (CFD) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • CFD: An Integral Part of Engineering Analysis & Design
  • Myriad Benefits of CFD Provide Growth Opportunities
  • Significant Role of CFD in Design and Development Processes
  • Growing Role of CFD in Critical Aircraft Systems and Components to Fuel Adoption in Aerospace & Defense Industry
  • Impact of COVID-19 Pandemic on Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020
  • Global Airlines Performance by Region: 2020 Vs 2019
  • Automotive Industry to Stimulate Demand for CFD Solutions
  • World Automobile Production in Million Units: 2008-2022
  • Increasing Sales of EVs to Present Opportunities for CFD Market
  • CFD Aims to Address Major Challenges in EVs
  • Global EV Stock (in Thousand Units) for 2015, 2018 and 2021
  • Shift towards Cloud-based CFD Emerges as a Notable Trend
  • Cloud-based CFD Offers Numerous Benefits for Bioreactors
  • Introduction of Innovative Technologies Fuel Growth for Computational Fluid Dynamics Market
  • Notable Trends in Computational Fluid Dynamics Space
  • Rise in Cloud Services and Resultant Growth in Data Centers Fuels Demand for CFD for Thermal Modeling Purposes
  • Global Data Center Infrastructure Market (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
  • Accuracy of Data Center CFD Models: A Major Concern
  • Outsourcing of Manufacturing Activities to Emerging Nations Spurs Demand for CFD Solutions
  • Role of CFD in Optimizing Cleanroom Design for Pharma and Biopharma Industry
  • Global Cleanroom Technologies Market Size (in US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Promising & Emerging Clinical Applications of CFD Analysis in Ophthalmology
  • CFD Modeling & Simulation for Hydrofracking Reactors and Crude Oil Pipelines
  • CFD Solutions Find Use in All Aspects of Oil & Gas Industry
  • Utility of Computational Fluid Dynamics Simulation Program
  • Effect of Heat Capacity and Density on Pipe Distance
  • CFD Analysis Helps Power Plants to Achieve High Efficiency Levels
  • CFD to Revolutionize Water Industry
  • GPU Acceleration Driving the CFD Revolution
  • CAD-Embedded CFD: Offering Value to Customers
  • CFD Simulation Use in Design & Control of Ventilation Systems Faces Difficulties
  • Accuracy and Fidelity: Two Key Hurdles for CFDs of APP Flow
  • Open Source CFD Software: A Major Threat to CFD Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/rcnrl5

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Global Market for Computational Fluid Dynamics (CFD)

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