TechNavio today launched its report Global CFD Market in the Aerospace and Defense Industry 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”The new trend of using Graphical Processing Unit (GPU) accelerators for computational fluid dynamics (CFD) simulations is expected to be used in numerous applications, where higher computational processes are required. This is one of the major factors, contributing to the growth of the CFD market in the Aerospace and Defense industry.”
According to the report, the increase in military expenditure across the globe will have a positive impact on the growth of the CFD market in the Aerospace and Defense industry.
Further, the report discusses that one of the major challenges is the increasing threat of open-source CFD software 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-aerospace-and-defense…
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TechNavio Announces the Publication of its Report – Global CFD Market in the Aerospace and Defense Industry 2011-2015
