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Computational Fluid Dynamics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global computational fluid dynamics (CFD) market reached a value of US$ 1,930 Million in 2020. Computational fluid dynamics (CFD), is a scientific method of numerically analyzing fluid flow, heat transfer and other related phenomena. It utilizes applied mathematics, physics and computational software to visualize the effect of a gas or liquid on the object it flows past. CFD is a cost-effective method of testing product prototypes before their launch. Since its introduction in the 1980s, it has witnessed a range of developments which have enabled it to be used in different fields such as modeling and design, and research and development.

At present, the growth of the market can be attributed to rapid advancements in the aerospace and aeronautics industries. In these sectors, CFD is applied in the maintenance of numerous critical systems and components of an aircraft. For instance, it is used for optimizing engine cooling and fuel delivery systems. CFD can also predict the performance of new processes and designs before their production and implementation. Owing to this, it has become an integral part of the engineering analysis and design environment in several organizations. Looking forward, IMARC Group expects the global computational fluid dynamics (CFD) market to exhibit moderate growth during the next five years.

Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market Breakup by Deployment Model:
    • Cloud-Based Model 
    • On-Premises Model
       
  • Market Breakup by End-User:
    • Automotive
    • Aerospace and Defense
    • Electrical and Electronics
    • Industrial Machinery
    • Energy
    • Material and Chemical Processing
    • Others
       
  • Market Breakup by Region:
    • Europe
    • Asia Pacific
    • North America
    • Middle East and Africa
    • Latin America
       

Competitive Landscape:

The report has also analysed the competitive landscape of the market along with the profiles of the key players.

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Computational Fluid Dynamics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Deployment Model
    5.5    Market Breakup by End-User
    5.6    Market Breakup by Region
    5.7    Market Forecast
6   Market Breakup by Deployment Model
    6.1    Cloud-Based Model
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    On-Premises Model
        6.2.1    Market Trends
        6.2.2    Market Forecast
7   Market Breakup by End-User
    7.1    Automotive
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Aerospace and Defense
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Electrical and Electronics
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Industrial Machinery
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Energy
        7.5.1    Market Trends
        7.5.2    Market Forecast
    7.6    Material and Chemical Processing
        7.6.1    Market Trends
        7.6.2    Market Forecast
    7.7    Others
        7.7.1    Market Trends
        7.7.2    Market Forecast
8   Market Breakup by Region
    8.1    Europe
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Asia Pacific
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    North America
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
13  Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: Global: Computational Fluid Dynamics Market: Major Drivers and Challenges
Figure 2: Global: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Computational Fluid Dynamics Market: Breakup by Deployment Model (in %), 2020
Figure 4: Global: Computational Fluid Dynamics Market: Breakup by End-User (in %), 2020
Figure 5: Global: Computational Fluid Dynamics Market: Breakup by Region (in %), 2020
Figure 6: Global: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 7: Global: Computational Fluid Dynamics: SWOT Analysis
Figure 8: Global: Computational Fluid Dynamics: Value Chain Analysis
Figure 9: Global: Computational Fluid Dynamics: Porter’s Five Forces Analysis
Figure 10: Global: Computational Fluid Dynamics (Cloud-Based Model) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Computational Fluid Dynamics (Cloud-Based Model) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Computational Fluid Dynamics (On-Premises Model) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Computational Fluid Dynamics (On-Premises Model) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Computational Fluid Dynamics (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Computational Fluid Dynamics (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Computational Fluid Dynamics (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Computational Fluid Dynamics (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Computational Fluid Dynamics (Electrical and Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Computational Fluid Dynamics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Computational Fluid Dynamics (Industrial Machinery) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Computational Fluid Dynamics (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Computational Fluid Dynamics (Energy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Computational Fluid Dynamics (Energy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Computational Fluid Dynamics (Material and Chemical Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Computational Fluid Dynamics (Material and Chemical Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Computational Fluid Dynamics (Other End-Users) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Computational Fluid Dynamics (Other End-Users) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Europe: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Europe: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia Pacific: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia Pacific: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: North America: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: North America: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Middle East and Africa: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Middle East and Africa: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Latin America: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Latin America: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2021-2026

List of Tables

Table 1: Global: Computational Fluid Dynamics Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Computational Fluid Dynamics Market Forecast: Breakup by Deployment Model (in Million US$), 2021-2026
Table 3: Global: Computational Fluid Dynamics Market Forecast: Breakup by End-User (in Million US$), 2021-2026
Table 4: Global: Computational Fluid Dynamics Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Computational Fluid Dynamics Market Structure
Table 6: Global: Computational Fluid Dynamics Market: Key Players

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Key Question Answered in this Report

The global computational fluid dynamics market size was valued at US$ 1,930 Million in 2020.

According to the estimates by IMARC Group, the global computational fluid dynamics market is expected to exhibit moderate growth during the next five years.

 

The growing adoption of CFD in the aerospace and defense sector for cost reduction, operational efficiency, compliance standards and resource management of numerous critical systems and components, represent one of the key drivers for the global computational fluid dynamics market.

The emergence of electric vehicles has led to the increasing demand for advanced and efficient CFD software to create and introduce new designs and multi-versed vehicles, thereby representing one of the key trends in the global computational fluid dynamics market.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end use sectors for computational fluid dynamics, such as aerospace and aeronautics, industrial machinery, automotive, etc.

On the basis of the deployment model, the market has been classified into cloud-based and on-premises CFD models. Amongst these, on-premises CFD models currently account for the largest market share.

 

On the basis of the end user, the market has been classified into automotive, aerospace and defense, electrical and electronics, industrial machinery, energy, material and chemical processing, and others. At present, aerospace and defense exhibit a clear dominance in the market.

 

Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.

 

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