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(IT-NEWSWIRE.COM, February 26, 2018 ) CFD analyzes flow, pressure distribution, turbulence, and interaction of liquids and gases with various structures. Both FEA and CAE are widely used across industries such as the aerospace and defense, automotive, electrical and electronics, and industrial machinery.
Publisher's analysts forecast the global CFD market in the automotive industry to grow at a CAGR of 9.76% during the period 2017-2021.
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At present, the automotive manufacturers are undergoing high pressure to minimize the product development cycle. CFD is primarily used in the designing stage of the product development cycle, specifically in the simulation and optimization processes. The designing stage is crucial in the product development lifecycle as it reduces the time and cost of production of automotive products and components. Such advanced characteristics have promptly increased the dependence of several industries on the software to reduce product development cycle time.
Key vendors
-ANSYS
-Dassault Systèmes
-Mentor Graphics
-Siemens PLM Software
Other prominent vendors
-Altair
-Applied Math Modeling
-Ceetron
-Convergent Science
-ESI Group
-Exa
-FloSolve
-Numeca
-OpenFOAM Foundations
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Market driver
-Need to reduce product development cycle time and cost
Market challenge
-Lack of awareness among end-users about developments in CFD
Market trend
-Development of CFD software for mobile devices
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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