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TMCNet:  Research and Markets: Global CFD Market in Electrical and Electronics Industry Report, 2016

[January 13, 2014]

Research and Markets: Global CFD Market in Electrical and Electronics Industry Report, 2016

DUBLIN --(Business Wire)--

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 (News - Alert) Inc.
  • CD-adapco Ltd.
  • Mentor Graphics Corp.

Other vendors mentioned in the report are:

  • AspenTech Ltd.
  • Bentley Systems Inc.
  • Blue Ridge Numerics Inc. (Autodesk (News - Alert) 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.


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