Global Computational Fluid Dynamics (CFD) Market Growth (Status and Outlook) 2023-2029

Global Computational Fluid Dynamics (CFD) Market Growth (Status and Outlook) 2023-2029

CFD is a software application that helps end-users analyse the flow, turbulence, and pressure distribution of liquids and gases, and their interaction with structures. It also helps in predicting fluid flow, mass transfer, chemical reactions, and related phenomena. CFD uses high-speed computers, and various numerical methods and solvers to simulate the flow of fluids (gases and liquids). Simulation refers to the digital prototype of the real-world scenario. This helps detect errors in design before proceeding to production. CFD finds wide ranging applications in industries such as automotive, aerospace and defence, electrical and electronics, and energy. CFDs are used to design fuel systems, engine core compartments, cockpit and cabin ventilation, missiles, submarines, and evaluate aerodynamics in the aerospace and defence industry. This report considers the revenue generated from the offerings of CFD services and products.

LPI (LP Information)' newest research report, the “Computational Fluid Dynamics (CFD) Industry Forecast” looks at past sales and reviews total world Computational Fluid Dynamics (CFD) sales in 2022, providing a comprehensive analysis by region and market sector of projected Computational Fluid Dynamics (CFD) sales for 2023 through 2029. With Computational Fluid Dynamics (CFD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Computational Fluid Dynamics (CFD) industry.

This Insight Report provides a comprehensive analysis of the global Computational Fluid Dynamics (CFD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Computational Fluid Dynamics (CFD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Computational Fluid Dynamics (CFD) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Computational Fluid Dynamics (CFD) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Computational Fluid Dynamics (CFD).

The global Computational Fluid Dynamics (CFD) market size is projected to grow from US$ 1440 million in 2022 to US$ 3068 million in 2029; it is expected to grow at a CAGR of 11.4% from 2023 to 2029.

Global CFD key players include ANSYS, Siemens, Dassault Systèmes, PTC, Altair Engineering, etc. Global top five manufacturers hold a share about 70%. North America is the largest market, with a share about 32%, followed by Europe and Asia-Pacific, both have a share over 58 percent. In terms of product, Maintenance and Service is the largest segment, with a share over 50%. And in terms of application, the largest application is Aerospace & Defense, followed by Automotive Industry, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Computational Fluid Dynamics (CFD) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Software Subscription
Maintenance and Service

Segmentation by application
Aerospace and Defense
Automotive Industry
Electrical and Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ANSYS
Siemens
Dassault Systèmes
PTC Inc.
Altair Engineering
NUMECA International
Convergent Science
Hexagon AB
ESI Group
Autodesk

Please note: The report will take approximately 2 business days to prepare and deliver.