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New report shares details about the cloud CFD market

New report shares details about the cloud CFD market

The CFD technology uses computers, computational methods, data of fluid viscosity, and fluid flow rates to simulate the flow of fluids. CFD is mostly used in the automotive, aerospace and defense, electrical and electronics, and energy industries for study related to thermal, acoustic, and air turbulence. Learn details of the Research: Trends and Opportunities by 2017-2022

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One of the key trends for market growth will be increase in Research & Development in aerospace and defense industry. The aerospace and defense industry is the largest end-user in the global cloud CFD market.

One major trend in the industry is the emergence of many SMEs. Though they are smaller in terms of revenue and size compared to larger companies such as Raytheon, Lockheed Martin, or Boeing, their achievements in the past two to three years has gained them a good position in the aerospace and defense industry.

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CFD is a software application that helps end users study the interaction of fluids with solids and analyses 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 defence, automotive, electrical and electronics, and energy.

For example, in the aerospace and defence industry, CFD is used to design fuel systems, core engine compartments, cockpit and cabin ventilation, missiles, submarines, and aerodynamics.

The report, 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 centre, IT security. 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. covered in the research are the key regions or countries that would have an impact on the market during the assessment years.

The report covers the present scenario and the growth prospects of the global cloud CFD market for 2017-2022. To calculate the market size, the report considers the revenue generated from the sales of software licenses.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Cloud CFD Market 2017-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ANSYS
- CD-Adapco
- Mentor Graphics

Other prominent vendors
- NUMECA
- FloSolve
- Altair
- Applied Math Modeling
- ESI
- Ceetron

Market drivers
- Need for cloud CFD to convert capex to OPEX

Market challenges
- Lack of knowledge about CFD potential among end-users

Market trends
- Increase in demand for CFD in battery designing

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