TechNavio's analysts forecast the Global CFD market in Aerospace and Defense industry to grow at a CAGR of 13.70 percent over the period 2012-2016. One of the key factors contributing to this market growth is the advantages of using CFD tools compared to traditional methods. The Global CFD market in the Aerospace and Defense industry has also been witnessing the increasing demand from integrated software. However, the increasing threat of open-source CFD could pose a challenge to the growth of this market.
TechNavio's report, the Global CFD Market in the Aerospace and Defense Industry 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global market; it also covers the Global CFD market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Ansys Inc., CD-adapco Ltd, ESI Group SA and, Mentor Graphics Corp.
Other vendors mentioned in the report are Autodesk,Inc., Dassault Systemes SA, EXA Corp., Bentley Systems Inc., Blue Ridge Numerics Inc. (Autodesk Inc.), Computational Engineering International (CEI) Inc., Numeca International Inc. and Flow Science Inc.
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