Computational Fluid Dynamics (CFD) Market 2020-2024 | High Adoption of Electric Vehicles to Boost Growth | Technavio

Computational Fluid Dynamics (CFD) Market 2020-2024 | High Adoption of Electric Vehicles to Boost Growth | Technavio


LONDON–(BUSINESS WIRE)–Technavio has been monitoring the computational fluid dynamics (CFD) market and it is poised to grow by USD 1.07 billion during 2020-2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio’s latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Computational Fluid Dynamics (CFD) Market Download free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altair Engineering Inc., ANSYS Inc., Autodesk Inc., COMSOL Inc., Convergent Science, Dassault Systemes SE, ESI Group, Hexagon AB, PTC Inc., and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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High adoption of electric vehicles has been instrumental in driving the growth of the market.

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Computational Fluid Dynamics (CFD) Market 2020-2024: Segmentation

Computational Fluid Dynamics (CFD) Market is segmented as below:

  • End-user
  • Aerospace and Defense
  • Automotive
  • Electrical and Electronics
  • Others
  • Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Computational Fluid Dynamics (CFD) Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our computational fluid dynamics (CFD) market report covers the following areas:

  • Computational Fluid Dynamics (CFD) Market Size
  • Computational Fluid Dynamics (CFD) Market Trends
  • Computational Fluid Dynamics (CFD) Market Analysis

This study identifies the increasing number of strategic alliances as one of the prime reasons driving the computational fluid dynamics (CFD) market growth during the next few years.

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Computational Fluid Dynamics (CFD) Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist computational fluid dynamics (CFD) market growth during the next five years
  • Estimation of the computational fluid dynamics (CFD) market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the computational fluid dynamics (CFD) market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of computational fluid dynamics (CFD) market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Aerospace and defense – Market size and forecast 2019-2024
  • Automotive – Market size and forecast 2019-2024
  • Electrical and electronics – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Increasing shift toward cloud-based CFD
  • Technical advances
  • Increasing number of strategic alliances

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Altair Engineering Inc.
  • ANSYS Inc.
  • Autodesk Inc.
  • COMSOL Inc.
  • Convergent Science
  • Dassault Systemes SE
  • ESI Group
  • Hexagon AB
  • PTC Inc.
  • Siemens AG

PART 13: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 14: EXPLORE TECHNAVIO

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