CFD is a tool that analyzes the flow, turbulence, pressure distribution, and interaction of fluids with structures by using numerical simulations based on Navier-Stokes equation. It is the science predicting fluid flow, mass transfer, chemical reactions, and related phenomenon. CFD technology uses high-speed computers, numerical methods, and solvers to simulate the flow of fluids (gases and liquids). This software enables end-users to simulate a product's real-world performance by digitally prototyping its creation, thereby allowing end-users to detect and rectify erroneous designs before the manufacturing process. CFD is largely used across industries such as the Automotive, Aerospace and Defense, Electronics and Semiconductor, and Energy for various applications. In the Aerospace and Defense industry, CFD is used to design external aerodynamics, fuel systems, engine core compartments, cockpit and cabin ventilation, missiles, and submarines.
TechNavio's analysts forecast the Global CFD market in the Aerospace and Defense industry to grow at a CAGR of 14.01 percent over the period 2013-2018.
The report covers the present scenario and the growth prospects of the Global CFD market in the Aerospace and Defense industry for the period 2015-2019.
TechNavio's report, the Global CFD Market in the Aerospace and Defense Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the landscape of the Global CFD market in the Aerospace and Defense industry and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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