Techno World Computational-Fluid-Dynamics-Market | Page 2

hacking and various other attacks on cloud infrastructure. In spite of the fact that a couple of
venders are providing the cloud-based model, various end users are unwilling to purchase it.
Moreover, customers prefer using open source CFD software rather than spending huge amount
on purchasing commercial licenses. The above said factor is also expected to restrain the market
growth over the forecast period.
Computational Fluid Dynamics Market Outlook – North America holds the largest
market share
North America held the largest market share of the global computational fluid dynamics market
in 2016 and is expected to continue its dominance over the forecast period followed by Europe.
The high R&D investment in aerospace & defense in the U.S. offers substantial growth
opportunity to the CFD market in the region. The U.S. has invested US$ 14.3 billion for R&D in
the aerospace & defense industry in 2016. One of the key trends in the Asia Pacific market is the
rising use of integrated CFD software that can propel the effectiveness of product development
life cycle. Some CFD companies and product lifecycle management have started offering
integrated CFD software with some other product lifecycle management tools to enhance the
productivity
of
product
development
cycle.
Browse Complete Report @
https://www.coherentmarketinsights.com/insight/request-customization/654
Computational Fluid Dynamics Market Players
ANSYS, Inc., CD-Adapco, Mentor Graphics, Inc., Altair, Applied Math Modeling, Ceetron, Dassault
Systèmes, ESI, Exa, FloSolve, Simerics, and Symscap are some of the major companies identified
across
the
value
chain
of
global
CFD
market.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-
ready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154