About CFD market in aerospace and defense industry
CFD is a tool that analyzes the flow, pressure distribution, turbulence, liquid-gas interaction with structures. It is the science of predicting fluid flow, chemical reactions, mass transfer, and related phenomenon. The CFD technology uses computers, data of fluid viscosity, computational methods, and fluid flow rates to analyze the flow of fluids. CFD is mostly used in the automotive, aerospace and defense, electronics and semiconductor, and energy industries for studies related to thermal, acoustic, and air turbulence.
Technavio’s analysts forecast the global CFD market in aerospace and defense industry to post revenue of more than USD 736 million during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global CFD market in aerospace and defense industry for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of CFD software licenses and services.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global CFD Market in Aerospace and Defense Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ANSYS
• Siemens PLM Software
• Mentor Graphics
Other prominent vendors
• Altair
• Applied Math Modeling
• Ceetron
• Dassault Systèmes
• ESI
• Exa
• FloSolve
• NUMECA
• Simerics
• Symscape
Market driver
• Increasing military expenditures
• For a full, detailed list, view our report
Market challenge
• Adoption of in-house CFD codes
• For a full, detailed list, view our report
Market trend
• Increase in R&D activities in SMEs in aerospace and defense industry
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• CFD
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: PLM overview
PART 06: Role of PLM in product development
PART 07: CAE overview
PART 08: Market landscape
• Market overview
• Market size and forecast
PART 09: Geographic segmentation
• APAC
• EMEA
• Americas
PART 10: Buying criteria
• Buying criteria for CFD
PART 11: Key leading countries
• US
• Germany
PART 12: Market drivers
• Increasing military expenditures
• Growing aerospace industry in developing countries
• Increase in demand for cloud CFD to convert CAPEX to OPEX
• Need to reduce product development cycle time and cost
• Use of CFD for increased fuel efficiency
PART 13: Impact of drivers
PART 14: Market challenges
• Adoption of in-house CFD codes
• Challenges associated with use of CFD
• Lack of awareness among end-users about developments in CFD
• Need for wind tunnel testing for complex CFD simulations
PART 15: Impact of drivers and challenges
PART 16: Market trends
• Growth of R&D in SMEs in aerospace and defense industry
PART 17: Five force analysis
• Five forces analysis
PART 18: Vendor landscape
• Competitive landscape
• ANSYS
• Siemens PLM Software
• Mentor Graphics
• Other prominent vendors
PART 19: Appendix
• List of abbreviations
PART 20: Explore Technavio
List of Exhibits
Exhibit 01: Overview of global CFD market in aerospace and defense industry
Exhibit 02: Product offerings
Exhibit 03: PLM overview
Exhibit 04: Benefits of PLM
Exhibit 05: Overview of PLM tools
Exhibit 06: Role of PLM in product development
Exhibit 07: Role of PLM software in product development
Exhibit 08: R&D investment by some major aerospace and defense companies in 2014 and 2015 ($ millions for Lockheed Martin and Northrop Grumman, $ billions for Boeing)
Exhibit 09: Major uses of CFD in aircraft manufacturing
Exhibit 10: Global CFD market in aerospace and defense industry 2015-2020 ($ millions)
Exhibit 11: Stages in high lift wing design test
Exhibit 12: Global CFD market in aerospace and defense industry by geography 2015
Exhibit 13: Global CFD market in aerospace and defense industry by geography: CAGR
Exhibit 14: Global CFD market in aerospace and defense industry by geography 2015 and 2020 ($ millions)
Exhibit 15: CFD market in aerospace and defense industry in APAC 2015-2020 ($ millions)
Exhibit 16: CFD market in aerospace and defense industry in EMEA 2015-2020 ($ millions)
Exhibit 17: CFD market in aerospace and defense industry in Americas 2015-2020 ($ millions)
Exhibit 18: Key leading countries in aerospace and defense industry in 2015
Exhibit 19: Stages in product development cycle
Exhibit 20: Impact of drivers
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Major SMEs in aerospace and defense industry
Exhibit 23: Five forces analysis
Exhibit 24: Major developments in 2015 and 2016
Exhibit 25: Expansion strategy: Siemens PLM
Exhibit 26: Expansion strategy in terms of end-user
Exhibit 27: Recent developments
Exhibit 28: Other prominent vendors
