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Follow on Google News | Simulation Techniques Driving Use of Computational Fluid Dynamics Software in the Asia PacificResearch conducted by TechNavio reveals that the Computational Fluid Dynamics (CFD) Software market in the Asia Pacific (APAC) region is expected to grow at a CAGR of 22 percent.
By: Ludmila Berkesova “Several industries are adopting CFD instead of real-life modeling as it saves cost. It is expensive to test models in wind tunnels and other such environments. Hence, many industries also prefer to have validated CFD models built before designing a model for experimental purposes. The electronics, automotive, aerospace and defense industries are the major end-users of CFD and other simulation techniques,” In spite of the demand for CFD software solutions in the APAC region, the lack of relevant expertise in developing countries is hindering the growth of this market. However, decreasing license costs are expected to drive the market. Moreover, the CFD Software market is witnessing the emergence of collaborative CFD templates. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies. The report, “Computational Fluid Dynamics Software Market in the Asia Pacific 2010–2014,” Companies mentioned in this report include: Ansys Inc., CD Adapco Ltd., and Mentor Graphics Corp. For more information please visit http://technavio.com/ Contact: Ludmila Berkesova Program Manager Technavio 8 Wimpole Street W1G 9SP London United Kingdom Tel: 0044 (0)207 367 2456 Fax: 0044 (0)845 280 2825 E-Mail: ludmila@technavio.com Web: http://www.technavio.com End
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