TechNavio recognizes the following companies as the key players in the Computational Fluid Dynamics Market in Australia are: Ansys, CD-adapco, and COMSOL.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”CFD simulation tools are widely used in various industries to evaluate the behavior of the components which are employed in the manufacturing of aircrafts, automobiles, mining equipment, and industrial machineries. The accuracy rate of CFD software takes a dip when the simulation is performed in a transient flow situation, consequently affecting the quality of the final product. This is so mainly because of the complexities involved in the simulation of particles, which requires high levels of computation. In order to overcome this issue, many vendors are incorporating GPU accelerators in complex CFD codes, thus enhancing the operational efficiency of the software. This trend of incorporating GPU accelerators to enhance the efficiency of CFD solutions is expected to contribute to the growth of the CFD market in Australia.”
According to the report, the need to develop superior quality products is a major driver in this market. This need has in turn created a demand for CFD solutions as it facilitates the thorough analysis of a product’s design. Using CFD solutions, the versatility of a product can be tested under different operating conditions before it goes into production.
Further, the report states that one of the major challenges faced by the market is the availability of open source solutions. Many SMEs in the country seem to prefer open source CFD over commercial CFD solutions mainly because of the cost advantage. Moreover, open source CFD solutions offer only those several functionalities and features that are required for basic simulation processes.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are EXA Corp., Blue Ridge Numerics Inc. (Autodesk Inc.), Computational Engineering International (CEI) Inc., Numeca International Inc., and Flow Science Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/computational-fluid-dynamics-market-aus…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/enterprise-computing
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report “ Computational Fluid Dynamics Market in Australia 2012-2016
