Global Computational Fluid Dynamics (CFD) Market Report, 2022 and 2023-2030 - Myriad Benefits of CFD Provide Growth Opportunities, Fueling a Multi-Billion Industry

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Nov 30, 2023, 19:45 ET

DUBLIN, Nov. 30, 2023 /PRNewswire/ -- The "Computational Fluid Dynamics (CFD) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Computational Fluid Dynamics (CFD) Market to Reach $3.8 Billion by 2030

The global market for Computational Fluid Dynamics (CFD) estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.

The role of Computational Fluid Dynamics (CFD) in the study of oil-in-water emulsions and aerosol dispersion risk reduction is of paramount importance. CFD technology has evolved significantly and plays a crucial role in simulating and analyzing fluid flow and heat transfer in various applications.

CFD involves several phases, beginning with defining the problem, followed by the modeling and discretization of governing equations. Major CFD applications span a wide range of industries, including aerospace, automotive, environmental engineering, and more.

Cloud-Based, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$2.4 Billion by the end of the analysis period. Growth in the On-Premise segment is estimated at 6.7% CAGR for the next 8-year period.

In the global market, CFD is poised for growth, particularly in developing economies. The competition within the CFD space is intense, with major players and startups vying for market share. The competitive market presence ranges from strong to niche players, reflecting the diversity of strategies employed by companies operating in the CFD sector.

The U.S. Market is Estimated at $644.1 Million, While China is Forecast to Grow at 9.1% CAGR

The Computational Fluid Dynamics (CFD) market in the U.S. is estimated at US$644.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$439.6 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 7.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

CFD: An Integral Part of Engineering Analysis & Design
Myriad Benefits of CFD Provide Growth Opportunities
Significant Role of CFD in Design and Development Processes
Growing Role of CFD in Critical Aircraft Systems and Components to Fuel Adoption in Aerospace & Defense Industry
Impact of COVID-19 Pandemic on Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020
Global Airlines Performance by Region: 2020 Vs 2019
Automotive Industry to Stimulate Demand for CFD Solutions
World Automobile Production in Million Units: 2008-2022
Increasing Sales of EVs to Present Opportunities for CFD Market
CFD Aims to Address Major Challenges in EVs
Global EV Stock (in Thousand Units) for 2015, 2018 and 2021
Shift towards Cloud-based CFD Emerges as a Notable Trend
Cloud-based CFD Offers Numerous Benefits for Bioreactors
Introduction of Innovative Technologies Fuel Growth for Computational Fluid Dynamics Market
Notable Trends in Computational Fluid Dynamics Space
Rise in Cloud Services and Resultant Growth in Data Centers Fuels Demand for CFD for Thermal Modeling Purposes
Global Data Center Infrastructure Market (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
Accuracy of Data Center CFD Models: A Major Concern
Outsourcing of Manufacturing Activities to Emerging Nations Spurs Demand for CFD Solutions
Role of CFD in Optimizing Cleanroom Design for Pharma and Biopharma Industry
Global Cleanroom Technologies Market Size (in US$ Billion) for Years 2021, 2023, 2025 and 2027
Promising & Emerging Clinical Applications of CFD Analysis in Ophthalmology
CFD Modeling & Simulation for Hydrofracking Reactors and Crude Oil Pipelines
CFD Solutions Find Use in All Aspects of Oil & Gas Industry
Utility of Computational Fluid Dynamics Simulation Program
Effect of Heat Capacity and Density on Pipe Distance
CFD Analysis Helps Power Plants to Achieve High Efficiency Levels
CFD to Revolutionize Water Industry
GPU Acceleration Driving the CFD Revolution
CAD-Embedded CFD: Offering Value to Customers
CFD Simulation Use in Design & Control of Ventilation Systems Faces Difficulties
Accuracy and Fidelity: Two Key Hurdles for CFDs of APP Flow
Open Source CFD Software: A Major Threat to CFD Market

FOCUS ON SELECT PLAYERS (Total 96 Featured)

Autodesk, Inc.
Dassault Systemes SE (3DS)
Cadence Design Systems, Inc.
ANSYS, Inc.
Hexagon AB
Bentley Systems, Inc.
ESI Group
Backoffice Pro
ESS Engineering Software Steyr
COMSOL AB
Cambridge Flow Solutions
Bell Energy Services UK Limited
CFD Research Corporation
CG Thermal, LLC
Analytical Methods, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/6pj3ns

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