Global Computational Fluid Dynamics Market in Aerospace and Defense Industry 2010-2014

TechNavio - Infiniti Research Ltd.
August 15, 2011
27 Pages - SKU: INF6487023
Countries covered: Global

TechNavio’s analysts forecast the Global Computational Fluid Dynamics (CFD) market in the Aerospace and Defense industry to grow at a CAGR of 12.7 percent over the period 2010-2014. One of the key factors contributing to this market growth is the extensive use of CFD in aerodynamic design. The Global CFD market in the Aerospace and Defense industry has also been witnessing increasing use of density-based CFD codes. However, the presence of research/in-house codes could pose a challenge to the growth of this market.

Key vendors dominating this market include ANSYS, CD-adapco, and Mentor Graphics.

TechNavio’s Global Computational Fluid Dynamics Market in Aerospace and Defense Industry 2010-2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Global CFD market landscape in the Aerospace and Defense industry and its growth prospects; it also includes a discussion on the key vendors providing CFD software solutions in the Aerospace and Defense industry.

Key questions answered in this report:
  • What will the market size be in 2014 and at what rate will it grow?
  • What key trends is this market subject to?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the opportunities and threats faced by each of these key vendors?
  • What are the strengths and weaknesses of each of these key vendors?


Additional Information


Press Release

Computational Fluid Dynamics Extensively Used in Aerodynamic Design A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Global Computational Fluid Dynamics (CFD) market in the Aerospace and Defense industry is expected to grow at a CAGR of 12.7 percent.

The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is being driven by the extensive use of CFD in aerodynamic design.

According to Technavio’s industry analyst, “CFD codes are extensively used for designing aircraft, helicopters, missile systems, and submarines. Vortical flows around fighter aircrafts are computed using CFD under transonic conditions. Experiments have shown that pressure distributions over aircraft wings computed by CFD tools are very well predicted and match measured data. This software is being extensively used by the aerospace and defense industry as it reduces flight and missile tests while also ensuring safety.”

The report also highlights that the growing popularity of open source CFD solutions is hindering the growth of this market. However, the effective use of CFD to increase fuel efficiency is expected to drive the market. There is also increasing use of density-based CFD codes.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, Global Computational Fluid Dynamics Market in the Aerospace and Defense Industry 2010-2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including ANSYS, CD-adapco, and Mentor Graphics.

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