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Global CFD Market in Aerospace and Defense Industry 2016-2020

Global CFD Market in Aerospace and Defense Industry 2016-2020

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?


Press Release

Technavio Announces the Publication of its Research Report – Global CFD Market in Aerospace and Defense Industry 2016-2020

Technavio recognizes the following companies as the key players in the global CFD market in aerospace and defense industry: ANSYS, Siemens PLM Software, and Mentor Graphics.

Other Prominent Vendors in the market are: Altair, Applied Math Modeling, Ceetron, Dassault Systèmes, ESI, Exa, FloSolve, NUMECA, Simerics, and Symscape.

Commenting on the report, an analyst from Technavio’s team said: “Growth of R&D in SMEs in aerospace and defense industry is the major trend gaining traction in this market. Though the market sizes of the emerging SMEs are lesser compared with larger companies, their achievements in the past two to three years has helped them increase their contribution in the aerospace and defense industry.”

According to the report, CFD plays a major role in the defense sector, as it helps in designing aerospace vehicles such as launch vehicles, combat and non-combat aircraft, missiles, and also in the designing of submarines. CFD is used for stimulating aerodynamic loads, stability derivatives, air flow analysis, flow measurement analysis, and store trajectory analysis.

Further, the report states that there are many small and big challenges, which must be addressed by the CFD vendors in the aerospace and defense industry. One of the major challenges is that simulation activities using current CFD algorithms are expensive. The inability of CFD to predict turbulent flows accurately and slower mesh generation remain a major challenge in the CFD industry.



Companies Mentioned

ANSYS, Siemens PLM Software, Mentor Graphics, Altair, Applied Math Modeling, Ceetron, Dassault Systèmes, ESI, Exa, FloSolve, NUMECA, Simerics, Symscape.

  • Executive summary
    • Highlights
  • Scope of the report
    • CFD
    • Market overview
      • Table Overview of global CFD market in aerospace and defense industry
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • PLM overview
    • Table PLM overview
    • Table Benefits of PLM
    • Table Overview of PLM tools
  • Role of PLM in product development
    • Table Role of PLM in product development
    • Table Role of PLM software in product development
  • CAE overview
  • Market landscape
    • Market overview
      • Table R&D investment by some major aerospace and defense companies in 2014 and 2015 ($ millions for Lockheed Martin and Northrop Grumman, $ billions for Boeing)
    • Market size and forecast
      • Table Major uses of CFD in aircraft manufacturing
      • Table Global CFD market in aerospace and defense industry 2015-2020 ($ millions)
      • Table Stages in high lift wing design test
  • Geographic segmentation
    • Table Global CFD market in aerospace and defense industry by geography 2015
    • Table Global CFD market in aerospace and defense industry by geography: CAGR
    • Table Global CFD market in aerospace and defense industry by geography 2015 and 2020 ($ millions)
    • APAC
      • Table CFD market in aerospace and defense industry in APAC 2015-2020 ($ millions)
    • EMEA
      • Table CFD market in aerospace and defense industry in EMEA 2015-2020 ($ millions)
    • Americas
      • Table CFD market in aerospace and defense industry in Americas 2015-2020 ($ millions)
  • Buying criteria
    • Buying criteria for CFD
  • Key leading countries
    • Table Key leading countries in aerospace and defense industry in 2015
    • US
    • Germany
  • 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
      • Table Stages in product development cycle
    • Use of CFD for increased fuel efficiency
  • Impact of drivers
    • Table Impact of drivers
  • 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
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growth of R&D in SMEs in aerospace and defense industry
      • Table Major SMEs in aerospace and defense industry
  • Five force analysis
    • Table Five forces analysis
  • Vendor landscape
    • Competitive landscape
    • ANSYS
    • Siemens PLM Software
      • Table Major developments in 2015 and 2016
      • Table Expansion strategy: Siemens PLM
      • Table Expansion strategy in terms of end-user
      • Table Recent developments
    • Mentor Graphics
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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