Decreasing License Costs Encouraging Adoption of Computational Fluid Dynamics Software21 Sep 2011 • by Natalie Aster
The research “Global Computational Fluid Dynamics Market 2010-2014” by Infiniti Research reveals that the Computational Fluid Dynamics (CFD) Software market is expected to grow at a CAGR of 16.5 percent. The report, which examines the Americas, EMEA, and APAC regions, indicates that the market is currently being driven by the significant decrease in license costs.
“Previously, CFD solutions were expensive and required companies to invest in the services of software professionals and high-power computing capabilities. However, in recent years, the prices of permanent CFD licenses have fallen significantly. Moreover, advanced CFD software can now be run by any engineer with minimal CFD software training,” reports a TechNavio analyst.
In spite of the demand for CFD software, the growing popularity of open source CFD software is hindering the growth of this market. However, the growing computational capabilities of this software are expected to boost demand. Moreover, the CFD Software market is witnessing RANS models being replaced by LES models.
Published: July 2011
Price: US$ 1,500.00
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 is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
Companies mentioned in this report include: Ansys Inc., CD Adapco Ltd., and Mentor Graphics Corp.
More information can be found in the report “Global Computational Fluid Dynamics Market 2010-2014” by Infiniti Research.
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