TechNavio today launched its report CFD Market in India 2011-2015 based on an in-depth study focusing exclusively on India. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”Computational Fluid Dynamics (CFD) vendors are developing cloud-based CFD solutions and offering them in a pay-per-use model. This reduces the overall cost of the solutions, including the hardware and software costs. Moreover, cloud-based solutions provide flexibility so that users can remotely access the software. Thus, cloud-based CFD solutions provide flexible computing capacities with the help of parallel processing and concurrent batch processing. Thus, the increasing use of cloud-computing is expected to increase the use of cloud-based CFD solutions.”
According to the report, the increase in outsourcing simulation projects to India is one of the major factors contributing to the growth of the CFD market in India. The number of engineers who have expertise in Computer Aided Design (CAD), Computer Aided Manufacturing, CFD and other engineering software is on the rise, which will ultimately lead to an increase in the outsourcing of simulation projects to India.
Further, the report also discusses that the increasing complexity of CFD tools is expected to pose a temporary challenge to the growth of the overall CFD market in India.
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/cfd-market-india-2011-2015.
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TechNavio Announces the Publication of its Report – CFD Market in India 2011-2015
