Boston, MA -- (SBWIRE) -- 02/06/2017 -- CFD analyzes flow, pressure distribution, turbulence, and interaction of liquids and gases with various structures. Both FEA and CAE are widely used across industries such as the aerospace and defense, automotive, electrical and electronics, and industrial machinery.

Technavio's analysts forecast the global CFD market in the automotive industry to grow at a CAGR of 9.76% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global thoracic surgery market for 2017-2021. To calculate the market size, the report considers the revenue generated from the following:

-Sales of CFD software licenses
-Services

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

-Americas
-APAC
-EMEA

Technavio's report, Global CAD Market in the Automotive Industry 2017-2021, 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.

Get More Details on this Report and a Full Table of Contents at Global CFD Market in Automotive Industry 2017-2021

Key vendors

-ANSYS
-Dassault Systemes
-Mentor Graphics
-Siemens PLM Software

Other prominent vendors

-Altair
-Applied Math Modeling
-Ceetron
-Convergent Science
-ESI Group
-Exa
-FloSolve
-Numeca
-OpenFOAM Foundations
-Simerics
-Symscape

Market driver

-Need to reduce product development cycle time and cost
-For a full, detailed list, view our report

Market challenge

-Lack of awareness among end-users about developments in CFD
-For a full, detailed list, view our report

Market trend

-Development of CFD software for mobile devices
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ANSYS, Dassault Systemes, Mentor Graphics, Siemens PLM Software, Altair, Applied Math Modeling, Ceetron, Convergent Science, ESI Group, Exa, FloSolve, Numeca, OpenFOAM Foundations, Simerics,, Symscape

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