The analysis forecasts that the computational fluid dynamics (CFD) market in APAC will grow at a CAGR of 10.28% during the period 2018-2022.
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The latest trend gaining momentum in the market is the utilization of CFD in biomedical applications.
One of the key players Dassault Systemes has developed a software suite called BIOVIA for research and study in the field of biotechnology, chemistry, and pharmaceuticals.
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computational fluid dynamics is used for analyzing the flow in airways of the lung. Navier-Stokes Equations analyses the air flow development at low speeds, as the flow is laminar in small airways such as lungs.
Moreover, with the lack of symmetrical branching in the lungs, CFD analysis can be used by doctors and researchers to provide detailed insights.
Major key players in the computational fluid dynamics (CFD) market in APAC: ANSYS, Dassault Systemes, Hexagon, Siemens PLM Software, Altair, Autodesk, COMSOL, Convergent Science, ESI Group, Flowscience, Fluidyn, NUMECA International, and SimScale.
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According to the computational fluid dynamics market report, one of the major drivers for this market is reduction in product design time and cost. In addition to reducing costs, the adoption of this software also helps in reducing the analysis time and eliminating the need to develop multiple physical prototypes.
As a result, it is increasingly used in the automotive and energy industries.
Major Points from Table of Contents:
PART 1: Executive Summary
PART 2: Scope of The Report
PART 3: Research Methodology
PART 4: Introduction
PART 5: Market Landscape
Market Segmentation Analysis
PART 6: Market Sizing
Market Sizing 2017
Market Size and Forecast 2017-2022
PART 7: Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Threat of Rivalry
PART 8: Customer Landscape
PART 9: Market Segmentation By End-User
Segmentation By End-User
Comparison By End-User
Automotive Industry Market Size and Forecast 2017-2022
Electrical and Electronics Industry Market Size and Forecast 2017-2022
Aerospace and Defense Industry Market Size and Forecast 2017-2022
Others Market Size and Forecast 2017-2022
Market Opportunity By End-User
PART 10: Regional Landscape
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