CFD Review | TechNavio Releases Global CFD Market Forecast

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TechNavio Releases Global CFD Market Forecast

Posted Thu April 26, 2012 @11:19AM

TechNavio has released their Global Computational Fluid Dynamics Market 2011–2015 report based on an in-depth analysis of the market with inputs from industry experts.

The report covers the Americas and the EMEA and APAC regions; it also covers the Global Computational Fluid Dynamics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

TechNavio’s analysts forecast the Global Computational Fluid Dynamics (CFD) market to grow at a CAGR of 14 percent over the period 2011–2015.

One of the key factors contributing to this market growth is the need to develop superior products. The Global Computational Fluid Dynamics market has also been witnessing collaboration among CFD vendors. However, easy availability of open source CFD software could pose a challenge to the growth of this market.

Key questions answered in the report:

What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendor

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