Fast Market Research announces the availability of the new TechNavio report, "Global CFD Market 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 10/17/2016 --CFD is a tool that analyzes the flow, turbulence, pressure distribution, and interaction of liquids and gases with structures. It is the science of predicting fluid flow, mass transfer, chemical reactions, and related phenomena. 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, electronics and semiconductor, and energy industries for study related to thermal, acoustic, and air turbulence.

Technavio's analysts forecast the global CFD market to grow at a CAGR of 9.56% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global CFD market for 2016-2020. The report presents the vendor landscape and the corresponding detailed analysis of the major vendors in the market based on revenue. The report considers the revenue obtained from the sales of software licenses.

Get More Details on this Report and a Full Table of Contents at Global CFD Market 2016-2020

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

-Americas
-APAC
-EMEA

Technavio's report, Global CFD Market 2016-2020, 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, Inc.
-CD-Adapco
-Mentor Graphics, Inc.

Other prominent vendors

-Altair
-Applied Math Modeling
-Ceetron
-Dassault Systemes
-ESI
-Exa
-FloSolve
-NUMECA
-Simerics
-Symscape

Market driver

-Increase in demand for cloud CFD to convert CAPEX to OPEX
-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

-Growth of R&D in SMEs in aerospace and defense industry
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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, CD-Adapco, Mentor Graphics, Altair, Applied Math Modeling, Ceetron, Dassault Systemes, ESI, Exa, FloSolve, NUMECA, Simerics, Symscape.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Software research reports at Fast Market Research

You may also be interested in these related reports:

-Computational Fluid Dynamics (CFD) Market: Global Report 2015-2019
-Global Cloud CFD Market 2016-2020
-Global Simulation and Analysis Software Market 2016-2020
-Global PLM in the Automotive Sector 2016-2020
-Global CFD Market in the Industrial Machinery Sector 2015-2019