Research and Markets (http://www.researchandmarkets.com/research/pnf7wd/global_cfd_market) has announced the addition of the "Global CFD Market in Electrical and Electronics Industry Report, 2016" report to their offering.
One of the major growth drivers in the market is the need to develop superior-quality products. A poor design poses several issues not only to OEMs, but also to suppliers and customers.
Some of the large PLM and CFD vendors have started providing CFD software integrated with other PLM tools to improve both the efficiency and the effectiveness of the product development cycle. Many customers prefer this integrated software as it reduces the product development cycle time and simultaneously increases its efficiency. For instance, vendors are developing CFD software integrated with CAD software. The integration of CFD and CAD solutions enables engineers to work on a single geometry, where changes made in one application are directly updated in another. This eliminates the data transfer gap between CFD and CAD applications, thereby increasing the efficiency of the product development cycle.
Further, the report states that one of the major challenges in the market is the increasing popularity of open-source CFD software. Many commercial users are adopting open-source CFD software rather than investing large amounts of money in commercial licenses.
The key vendors dominating this market space are:
- Ansys Inc.
- CD-adapco Ltd.
- Mentor Graphics Corp.
Other vendors mentioned in the report are:
- AspenTech Ltd.
- Bentley Systems Inc.
- Blue Ridge Numerics Inc. (Autodesk Inc.)
- Computational Engineering International (CEI) Inc.
- COMSOL Inc.
- ESI Group SA
- EXA Corp.
- Flow Science Inc.
- Numeca International Inc.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
05. Introduction
06. Market Landscape
07. Geographical Segmentation
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/pnf7wd/global_cfd_market.
Research and Markets
Laura Wood, Senior Manager
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Sector: Electrical
Engineering