Computational fluid dynamics (CFD) market to grow by 7.8% Y-O-Y from 2022 to 2023: Reduction in product design time and cost will drive growth - Technavio

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- The computational fluid dynamics (CFD) market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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Computational fluid dynamics (CFD) market insights -

• Vendors: 15+, including Altair Engineering Inc., ANSYS Inc., Autodesk Inc., Bentley Systems Inc., COMSOL AB, Convergent Science Inc., CPFD Software LLC, Flow Science Inc., Fluidyn Group, Hexagon AB, Hi Tech iSolutions LLP, NUMECA International, PTC Inc., Siemens AG, SimScale GmbH, Stymer Technologies Pvt. Ltd., Synopsys Inc., The MathWorks Inc., Dassault Systemes SE, ESI Group SA, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: End-user (aerospace and defense industry, automotive industry, electrical and electronics industry, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa)

To understand more about the computational fluid dynamics (CFD) market, request a sample report

The computational fluid dynamics (CFD) market size is estimated to grow by USD 977.95 million from 2021 to 2026 at a CAGR of 8.8%, according to Technavio.

Computational fluid dynamics (CFD) market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Global computational fluid dynamics (CFD) market - Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including -

• Altair Engineering Inc. - The company offers computational fluid dynamics such as HyperWorks, HyperMesh, SimLab, Flow Simulator, HyperStudy, AcuSolve, HyperGraph, HyperView, and nanoFluidX.
• ANSYS Inc. - The company offers computational fluid dynamics such as Ansys Fluent, Ansys CFX, Ansys Chemkin-Pro, Ansys Vista TF, and Ansys BladeModeler.
• Autodesk Inc. - The company offers computational fluid dynamics simulation software, which features CAD connections, scalar mixing, radiation modeling, particle tracing, automation scripting, and solar heating loads.

Global computational fluid dynamics (CFD) market – Market dynamics

Major drivers

• Reduction in product design time and cost
• High adoption of electric vehicles
• Growth in number of unconventional exploration and production projects

Key challenges

• Growing concerns about software and data privacy
• Availability of open-source software
• High complexity and cost of implementation of CFD tools

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this computational fluid dynamics (CFD) market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the computational fluid dynamics (CFD) market between 2022 and 2026
• Precise estimation of the size of the computational fluid dynamics (CFD) market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the computational fluid dynamics (CFD) market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Computational Fluid Dynamics (CFD) Market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Aerospace and defense industry - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Aerospace and defense industry - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Aerospace and defense industry - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Aerospace and defense industry - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Aerospace and defense industry - Year-over-year growth 2021-2026 (%)

• 5.4 Automotive industry - Market size and forecast 2021-2026
• Exhibit 32: Chart on Automotive industry - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Automotive industry - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Automotive industry - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Automotive industry - Year-over-year growth 2021-2026 (%)

• 5.5 Electrical and electronics industry - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Electrical and electronics industry - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Electrical and electronics industry - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Electrical and electronics industry - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Electrical and electronics industry - Year-over-year growth 2021-2026 (%)

• 5.6 Others - Market size and forecast 2021-2026
• Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by End-user 
• Exhibit 44: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026
• Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Altair Engineering Inc. 
• Exhibit 97: Altair Engineering Inc. - Overview
• Exhibit 98: Altair Engineering Inc. - Business segments
• Exhibit 99: Altair Engineering Inc. - Key offerings
• Exhibit 100: Altair Engineering Inc. - Segment focus

• 10.4 ANSYS Inc. 
• Exhibit 101: ANSYS Inc. - Overview
• Exhibit 102: ANSYS Inc. - Business segments
• Exhibit 103: ANSYS Inc. - Key news
• Exhibit 104: ANSYS Inc. - Key offerings
• Exhibit 105: ANSYS Inc. - Segment focus

• 10.5 Autodesk Inc. 
• Exhibit 106: Autodesk Inc. - Overview
• Exhibit 107: Autodesk Inc. - Business segments
• Exhibit 108: Autodesk Inc. - Key news
• Exhibit 109: Autodesk Inc. - Key offerings
• Exhibit 110: Autodesk Inc. - Segment focus

• 10.6 COMSOL AB 
• Exhibit 111: COMSOL AB - Overview
• Exhibit 112: COMSOL AB - Product / Service
• Exhibit 113: COMSOL AB - Key offerings

• 10.7 Convergent Science Inc. 
• Exhibit 114: Convergent Science Inc. - Overview
• Exhibit 115: Convergent Science Inc. - Product / Service
• Exhibit 116: Convergent Science Inc. - Key offerings

• 10.8 Dassault Systemes SE 
• Exhibit 117: Dassault Systemes SE - Overview
• Exhibit 118: Dassault Systemes SE - Business segments
• Exhibit 119: Dassault Systemes SE - Key news
• Exhibit 120: Dassault Systemes SE - Key offerings
• Exhibit 121: Dassault Systemes SE - Segment focus

• 10.9 ESI Group SA 
• Exhibit 122: ESI Group SA - Overview
• Exhibit 123: ESI Group SA - Business segments
• Exhibit 124: ESI Group SA - Key news
• Exhibit 125: ESI Group SA - Key offerings
• Exhibit 126: ESI Group SA - Segment focus

• 10.10 Hexagon AB 
• Exhibit 127: Hexagon AB - Overview
• Exhibit 128: Hexagon AB - Business segments
• Exhibit 129: Hexagon AB - Key offerings
• Exhibit 130: Hexagon AB - Segment focus

• 10.11 PTC Inc. 
• Exhibit 131: PTC Inc. - Overview
• Exhibit 132: PTC Inc. - Business segments
• Exhibit 133: PTC Inc. - Key offerings
• Exhibit 134: PTC Inc. - Segment focus

• 10.12 Siemens AG 
• Exhibit 135: Siemens AG - Overview
• Exhibit 136: Siemens AG - Business segments
• Exhibit 137: Siemens AG - Key news
• Exhibit 138: Siemens AG - Key offerings
• Exhibit 139: Siemens AG - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 140: Inclusions checklist
• Exhibit 141: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 142: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 143: Research methodology
• Exhibit 144: Validation techniques employed for market sizing
• Exhibit 145: Information sources

• 11.5 List of abbreviations 
• Exhibit 146: List of abbreviations

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