Global CFD Market

CFD is a software application that enables its users in predicting fluid flow, mass transfer, chemical reactions, and other related phenomena. It helps in analysing flow and pressure distribution of gases and liquids and their interaction with structures. CFD uses high-speed computers, various numerical methods, and solvers to simulate the flow of fluids. CFD is widely used in various sectors such as automotive, aerospace, electronics and semiconductors. In the Automotive industry, CFD software is used to analyse the feasibility of the heat transfer mechanisms such as ventilation, cooling, under hood thermal management, and aerodynamics of an automobile. One of the major trends in the market is the availability of cloud-based CFD software, which provides vast space for data storage, flexibility, security, cost reduction, easy accessibility, and technical computing.

This report also provides comprehensive review of the market drivers, restraints, challenges and opportunities in the global CFD market automotive industry. Few of the key players like ANSYS, Autodesk amongst others have been identified and profiled.