1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > Global CFD Market in the Industrial Machinery Sector 2015-2019

Global CFD Market in the Industrial Machinery Sector 2015-2019

  • December 2015
  • -
  • Infiniti Research Limited
  • -
  • 100 pages

Summary

Table of Contents

Search Inside

Market outlook for the global CFD market in the industrial machinery sector

The need to reduce product design time and cost drives the global CFD in the industrial machinery market. Technavio€™s market research analysts project a CAGR of 11% over the next four years.

The market is witnessing a surge in the demand for CFD embedded with CAD. Customers prefer to adopt embedded solutions as it reduces the product development cycle time and simultaneously increases its efficiency. It enables engineers and other stakeholders to participate in product development and improve the collective product design. CFD and CAD-embedded software enable engineers to work on a single geometry, whereby changes made in one application directly get updated in others.

Geographical segmentation the global CFD market in the industrial machinery sector

APAC
Americas
EMEA
The major part of the revenue in the Global CFD market in industrial machinery sector was generated from the EMEA region mainly due to the presence of developed countries such as UK, Germany, and France.

Leading vendor analysis for the global CFD in the industrial machinery sector

ANSYS  
CD-adapco         
Dassault Systemes         
Mentor Graphics             
Exa        
Other prominent vendors in this market include Altair, Autodesk, COMSOL, CEI, ESI Group, and MSC Software.

Some large product lifecycle management (PLM) and CFD vendors have started providing integrated CFD software to improve the efficiency and effectiveness of product development cycles. Many customers prefer this integrated software as it reduces the product development cycle time and increases its efficiency simultaneously.

Demand for application specific CFD in the industrial machinery market

Every industry has unique, customized process functions that give rise to the demand for special-purpose CFD software. Many core and large vendors are developing CFD software specific to the end-user industries and application requirement. EXA, one of the leading CFD providers, as a part of the growth strategy, is focusing on providing application specific CFD. The applications management team of the company focuses more finding new applications for the customers and providing a solution through new simulation product. The availability of application specific CFD will lead to higher demand for CFD during the forecast period.

Key questions answered in the report

What are the key factors driving the global CFD market in the industrial machinery sector?
What are the key market trends impacting the growth of the global CFD market in the industrial machinery sector?
What are the various opportunities and threats faced by the vendors in the global CFD market in the industrial machinery sector?
Market shares for APAC, Americas, and EMEA?
Key outcome of the five forces analysis on the global CFD market in the industrial machinery sector?
Growth forecast of the global CFD market in the industrial machinery sector?
Technavio also offers customization on reports based on specific client requirement.


Related reports

Global Computational Fluid Dynamics (CFD) Market 2015-2019
CFD Market in the APAC Region 2015-2019
Global CFD Market in the Electrical and Electronics Industry 2015-2019
Global CFD Market in the Automotive Industry 2015-2019

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Industrial V-Belts Market 2017-2021

Global Industrial V-Belts Market 2017-2021

  • $ 3500
  • Industry report
  • April 2017
  • by Infiniti Research Limited

About Industrial V-Belts Industrial V-belts are the basic belts for power transmission that is applied in light-weight to heavy-weight industrial applications. They are used as a source to provide powe ...

Global Chain Drives Market - Strategic Assessment and Forecast 2017 - 2022

Global Chain Drives Market - Strategic Assessment and Forecast 2017 - 2022

  • $ 3500
  • Industry report
  • March 2017
  • by Beige Market Intelligence

The global chain drives market is likely to grow at a CAGR of 5.1% during the forecast period 2017–2022 Chain Drives Market – Report Insights Chain drives are one of the most effective channels to ...

The 2018-2023 World Outlook for Industrial Machinery and Equipment

The 2018-2023 World Outlook for Industrial Machinery and Equipment

  • $ 995
  • Industry report
  • April 2017
  • by ICON Group

This study covers the world outlook for industrial machinery and equipment across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.