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Increased Demand from the Automotive and Aerospace and Defense Industries to Drive the Global Cloud CFD Market Through 2020, Says TechnavioAccording to the latest market study released by Technavio, global cloud computational fluid dynamics (CFD) market is expected to grow at a CAGR of close to 11% during the forecast period. This research report titled 'Global Cloud CFD Market 2016-2020' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions. "CFD is a tool that analyzes the flow, turbulence, pressure distribution, and interaction of liquids and gases with various 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," says Amrita Choudhury, a lead analyst at Technavio for enterprise application research. The global cloud CFD market will have a positive growth in the forecast period because of the increasing demand for CFD from the automotive and aerospace and defense industries and the advances in cloud computing. Request sample report: http://goo.gl/9jmBxy The report categorizes the global cloud CFD market into three major end-user segments. They are:
CFD in automotive industry The demand for more sophisticated technologies from customers has increased, resulting in a growing demand for CFD. It plays a major role in the design and development of interior and exterior features such as enhanced night vision with pedestrian detection and automatic high beam control. Moreover, the increasing vehicle standards across several countries are a major factor driving the minimum requirement in vehicles. For instance, the US CAFE standards, which came into effect in 2016, emphasized increased fuel efficiency. This led to the need for enhanced fuel injection technology and fuel-efficient engine design, which require the use of CFD. Advances in computing and complex code-solving programs have helped the CFD market in the automotive industry to obtain more accurate prediction andanalysis. CFD is used for all components that interact with fluids such as lubricants, fuel, water, coolants, and exhaust gases. CFD is used for optimizing interior climate control systems, which include windshield defogging and defrosting. CFD is also used while spray painting automobiles. The effect of spray guns and paint particles on the automobile body can be calculated using CFD. Even vehicle headlights require CFD for thermal management while configuring the position of headlights and to estimate the heat emitted through conduction from the light source. CFD in aerospace and defense industry In 2015, the high adoption of CFD by Boeing, Lockheed Martin (News - Alert), United Technologies, General Dynamics, Bombardier Aerospace, GE Aviation, Northrop Grumman, Raytheon, Honeywell Aerospace L-3 Communications, and Textron for R&D activities contributed to the growth of the market. Before the evolution of CFD, aircraft manufacturing companies used wind tunnel testing and flight testing to check the performance of designed products. With the development of fast and highly efficient computers in recent years, the old tools and methods of testing were replaced by numerical simulation methods based on the Navier-Stokes equation. The Navier-Stokes equation is used to describe the motion of fluid substances using Newton's second law of motion. Thus, this equation and the numerical simulations collectively help in building CFD solutions. CFD is widely used in various design stages of aircraft manufacturing and R&D. In the aerospace and defense industry, CFD is also used to design external aerodynamics, fuel systems, cockpit and cabin ventilation, engine core compartments, missiles, and submarines. CFD in electrical and electronics industry The electrical and electronics industry is growing at a fast rate in APAC because of the increasing demand for semiconductor components, consumer durables, electronics goods, and high-technology products, especially in China, South Korea, India, and Japan. The major countries in APAC that played a significant role in the cloud CFD market in the electrical and electronics industry include China, Japan, and Taiwan. Smartphones were the major areas of R&D in the electrical and electronics industry. CFD is mainly used for conducting mechanical stress analysis; heat transfer and losses; and structural analysis in electrical machines such as generators and electrical engines. "Since the inception of CFD in the 1980s, it has been used mainly for conducting thermal design of electronics systems," says Amrita. The top vendors highlighted by Technavio's ICT research analysts in this report are: Browse Related Reports:
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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