TechNavio today launched its report Global CFD Market in the Electronics Industry 2011-2015 based on an in-depth study covering the Americas, and the EMEA and the APAC regions. The report aims to aid decision makers and understanding of the significant trends impacting the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”With the increase in need for quality product development, several organizations are focusing on the adoption of the computational fluid dynamics (CFD) software solutions. CFD software vendors are offering CFD software solutions on a rental basis. This drives the adoption among students and also among the micro, small-, and medium-scale enterprises (MSME) sector users. Further, the micropayment mode is also expected to counter the threat of software piracy by providing products in a cost-effective manner. Therefore, the rental mode for CFD software would encourage customers to use CFD software, and increase the demand across the globe.”
According to the report, one of the main drivers in this market is the need for extended product visualization. Thus, the companies in the Electronics industry are increasingly adopting CFD solutions to develop products with increased performance and superior capability. Moreover, the need for development of energy efficient products is another factor that is contributing to the growth of the market.
Further, the report also discusses how the emerging threat from open source and counterfeit CFD solutions also acts as a barrier against the increased adoption of commercial CFD solutions.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-cfd-market-electronics-industry-2011…
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report – Global CFD Market in the Electronics Industry 2011-2015
