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Computational Fluid Dynamics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 112 pages | ID: C3EEC104429EN
IMARC Group

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The global computational fluid dynamics (CFD) market size reached US$ 2,286.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,693.8 Million by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.

Computational fluid dynamics (CFD), is a scientific method of numerically analyzing fluid flow, heat transfer and other related phenomena. It utilizes applied mathematics, physics and computational software to visualize the effect of a gas or liquid on the object it flows past. CFD is a cost-effective method of testing product prototypes before their launch. Since its introduction in the 1980s, it has witnessed a range of developments which have enabled it to be used in different fields such as modeling and design, and research and development.

At present, the growth of the market can be attributed to rapid advancements in the aerospace and aeronautics industries. In these sectors, CFD is applied in the maintenance of numerous critical systems and components of an aircraft. For instance, it is used for optimizing engine cooling and fuel delivery systems. CFD can also predict the performance of new processes and designs before their production and implementation. Owing to this, it has become an integral part of the engineering analysis and design environment in several organizations.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global computational fluid dynamics (CFD) market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on deployment model and end-user.

Breakup by Deployment Model:

Cloud-Based Model
On-Premises Model

Breakup by End-User:

Automotive
Aerospace and Defense
Electrical and Electronics
Industrial Machinery
Energy
Material and Chemical Processing
Others

Breakup by Region:

Europe
Asia Pacific
North America
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.

Key Questions Answered in This Report
1. What was the size of the global computational fluid dynamics market in 2022?
2. What is the expected growth rate of the global computational fluid dynamics market during 2023-2028?
3. What are the key factors driving the global computational fluid dynamics market?
4. What has been the impact of COVID-19 on the global computational fluid dynamics market?
5. What is the breakup of the global computational fluid dynamics market based on the deployment model?
6. What is the breakup of the global computational fluid dynamics market based on the end-user?
7. What are the key regions in the global computational fluid dynamics market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL COMPUTATIONAL FLUID DYNAMICS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Deployment Model
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast

6 MARKET BREAKUP BY DEPLOYMENT MODEL

6.1 Cloud-Based Model
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 On-Premises Model
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY END-USER

7.1 Automotive
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Aerospace and Defense
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Electrical and Electronics
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Industrial Machinery
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Energy
  7.5.1 Market Trends
  7.5.2 Market Forecast
7.6 Material and Chemical Processing
  7.6.1 Market Trends
  7.6.2 Market Forecast
7.7 Others
  7.7.1 Market Trends
  7.7.2 Market Forecast

8 MARKET BREAKUP BY REGION

8.1 Europe
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Asia Pacific
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 North America
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Middle East and Africa
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Latin America
  8.5.1 Market Trends
  8.5.2 Market Forecast

9 SWOT ANALYSIS

9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 VALUE CHAIN ANALYSIS

11 PORTERS FIVE FORCES ANALYSIS

11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 PRICE ANALYSIS

13 COMPETITIVE LANDSCAPE

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players

LIST OF TABLES

Table 1: Global: Computational Fluid Dynamics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Computational Fluid Dynamics Market Forecast: Breakup by Deployment Model (in Million US$), 2023-2028
Table 3: Global: Computational Fluid Dynamics Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 4: Global: Computational Fluid Dynamics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Computational Fluid Dynamics Market Structure
Table 6: Global: Computational Fluid Dynamics Market: Key Players

LIST OF FIGURES

Figure 1: Global: Computational Fluid Dynamics Market: Major Drivers and Challenges
Figure 2: Global: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Computational Fluid Dynamics Market: Breakup by Deployment Model (in %), 2022
Figure 4: Global: Computational Fluid Dynamics Market: Breakup by End-User (in %), 2022
Figure 5: Global: Computational Fluid Dynamics Market: Breakup by Region (in %), 2022
Figure 6: Global: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 7: Global: Computational Fluid Dynamics Industry: SWOT Analysis
Figure 8: Global: Computational Fluid Dynamics Industry: Value Chain Analysis
Figure 9: Global: Computational Fluid Dynamics Industry: Porter’s Five Forces Analysis
Figure 10: Global: Computational Fluid Dynamics (Cloud-Based Model) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Computational Fluid Dynamics (Cloud-Based Model) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Computational Fluid Dynamics (On-Premises Model) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Computational Fluid Dynamics (On-Premises Model) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Computational Fluid Dynamics (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Computational Fluid Dynamics (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Computational Fluid Dynamics (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Computational Fluid Dynamics (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Computational Fluid Dynamics (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Computational Fluid Dynamics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Computational Fluid Dynamics (Industrial Machinery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Computational Fluid Dynamics (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Computational Fluid Dynamics (Energy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Computational Fluid Dynamics (Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Computational Fluid Dynamics (Material and Chemical Processing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Computational Fluid Dynamics (Material and Chemical Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Computational Fluid Dynamics (Other End-Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Computational Fluid Dynamics (Other End-Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Europe: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Europe: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Asia Pacific: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Asia Pacific: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Middle East and Africa: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Middle East and Africa: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Latin America: Computational Fluid Dynamics Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Latin America: Computational Fluid Dynamics Market Forecast: Sales Value (in Million US$), 2023-2028


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