TechNavio recognizes the following companies as the key players in the Global CFD Market in the Aerospace and Defense Industry: Ansys Inc., CD-adapco Group, ESI Group S.A., and Mentor Graphics Corp.
Commenting on the report, an analyst from TechNavio’s team said: “Some of the large PLM and CFD vendors have started providing integrated CFD software with several other PLM tools to improve both the efficiency and the effectiveness of the product development cycles. Many customers prefer this integrated software as it reduces the product development cycle time and increases its efficiency simultaneously. As such, vendors are developing integrated CFD software with CAD software. The integration of CFD and CAD solutions enables engineers to work on a single geometry, so the changes made in one application would be directly updated in the other. This eliminates the data transfer gap between CFD and CAD applications, thereby increasing the efficiency of the product development cycle.”
According to the report, one of the major drivers in the market is the advantage of CFD tools over traditional testing methods. The usage of CFD has various advantages over traditional testing such as wind tunnel testing.
Further, the report states that one of the major challenges in the market is the increasing popularity of open-source CFD software. Many commercial users are adopting open-source CFD software rather than investing the money in commercial licenses.
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/report/global-cfd-market-aerospace-and-defense-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global CFD Market in the Aerospace and Defense Industry 2012-2016
