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TMCNet:  Global CFD Market in the Aerospace and Defense Industry to 2016: Ansys, CD-adapco, ESI & Mentor Graphics Dominate

[January 28, 2014]

Global CFD Market in the Aerospace and Defense Industry to 2016: Ansys, CD-adapco, ESI & Mentor Graphics Dominate

(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/h37j8v/global_cfd_market) has announced the addition of the "Global CFD Market in the Aerospace and Defense Industry to 2016" report to their offering.

One of the major drivers in the market is the advantage of CFD tools over traditional testing methods. The usage of CFD has various advantages over traditional testing such as wind tunnel testing.

Some of the large PLM and CFD vendors have started providing integrated CFD software with several other PLM tools to improve both the efficiency and the effectiveness of the product development cycles. Many customers prefer this integrated software as it reduces the product development cycle time and increases its efficiency simultaneously. As such, vendors are developing integrated CFD software with CAD software. The integration of CFD and CAD solutions enables engineers to work on a single geometry, so the changes made in one application would be directly updated in the other. 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 the money in commercial licenses.

The key vendors dominating this market space are: - Ansys Inc.

- CD-adapco Ltd - ESI Group SA - Mentor Graphics Corp.

Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Introduction 04. Market Research Methodology 05. Scope of the Report 06. Market Landscape 07. Geographical Segmentation 08. Key Leading Countries 09. Vendor Landscape 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/h37j8v/global_cfd_market CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Aerospace and Defence (http://www.researchandmarkets.com/categories.asp?cat_id=77&campaign_id=h37j8v) .

(c) 2014 M2 COMMUNICATIONS

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