The global computational fluid dynamics market is anticipated to grow at a CAGR of 8.4% during the forecast period. The ongoing researches on computational fluid dynamics to find out their potential usage in complex design is a key factor driving the growth of the global market. For instance, a research work published in May 2023 shown that machine learning based on computational fluid dynamics enables geometric design optimization of the NeoVAD blades. Big data methods using a statistical approach can contribute to the optimization of computational fluid dynamics analysis by reducing total simulation time in relation to the configuration of pumps and the plants where they are installed.
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A computational fluid dynamics analysis can also provide engineers with detailed information on fluid flow behaviour such as distribution of pressure, velocity, and temperature. It’s used in all stages of the engineering process, from the conceptual studies of new designs to detailed product development and optimization. CFD simulations are highly computationally expensive and time consuming, as they require large complex models to solve on a traditional workstation. As innovation is moving at lightning speed, leveraging the power of cloud may help engineers to focus on what matters the most: designing better products faster. In fact, the cloud eliminates the hardware barrier, so designers only need to focus on CFD simulations. It also allows engineers to scale up and down and to access burst capacity to meet their deadlines.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Deployment Mode
o By End-Users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Altair Engineering Inc., Dassault Systèmes, Siemens AG, Convergent Science, and Hexagon AB among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Computational Fluid Dynamics Market Report Segment
By Deployment Mode
By End-Users
Global Computational Fluid Dynamics Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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