Market Overview:
The United States computational fluid dynamics market is currently witnessing strong growth. Computational fluid dynamics (CFD) is a branch of fluid mechanics that numerically analyzes fluid flow, heat transfer, and other phenomena. It depends on mathematics, applied physics and computational software to visualize the effects of a gas or liquid on the object it flows past. CFD technology supports manufacturers in decreasing product development and testing duration. It also reduces overall analysis time and offers reliable and cost-effective end products.
The United States CFD market is primarily driven by the increasing number of data centers in the region due to the rapid development of cloud services. This has led to the use of CFD for thermal modeling and creating 3D views of cold air movement that provide cooling in the data center racks. The market is further propelled by the utilization of CFD in the aeronautics industry, wherein it is used to optimize engine cooling and fuel delivery systems. CFD also forms an integral part of the engineering analysis and design environment in various organizations. Furthermore, the rising expenditure in research and development (R&D) activities across the aerospace and military sectors is significantly impacting the market growth. Looking forward, the market is expected to continue its strong growth during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States computational fluid dynamics market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, deployment model and end user.
Breakup by Deployment Model:
- Cloud-Based Model
- On-Premises Model
Breakup by End User:
- Automotive
- Aerospace and Defense
- Electrical and Electronics
- Industrial Machinery
- Energy
- Material and Chemical Processing
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the United States computational fluid dynamics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States computational fluid dynamics market?
- What are the key regional markets?
- What is the breakup of the market based on the deployment model?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States computational fluid dynamics market and who are the key players?
- What is the degree of competition in the industry?