On Going Researches to Drive the Global Computational Fluid Dynamics Market

Published: May 2023

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.

Browse the full report description of “Computational Fluid Dynamics Market Size, Share & Trends Analysis Report by Deployment Mode (On Premises and Cloud), and by End-User (Automotive, Aerospace and Defense, Electrical and Electronics, Industrial Machinery, Energy, Material and Chemical Processing, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/computational-fluid-dynamics-market

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

  • On Premises
  • Cloud-Based

By End-Users

  • Automotive
  • Aerospace and Defense
  • Electrical and Electronics
  • Industrial Machinery
  • Energy
  • Material and Chemical Processing
  • Others 

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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