TechNavio's analysts forecast the Global CFD market in the Industrial Equipment industry to grow at a CAGR of 11 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in need for enhanced product development. The Global CFD market in the Industrial Equipment industry has also been witnessing the emergence of mobile CFD applications. However, the emerging threat from the high cost of CFD solutions could pose a challenge to the growth of this market.
TechNavio's report, the Global Computational Fluid Dynamics Market in the Industrial Equipment Industry 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global CFD market in the Industrial Equipment industry landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Ansys Inc., CD-adapco Ltd, and Mentor Graphics Corp.
Other vendors mentioned in the report: EXA Corp., Blue Ridge Numerics Inc. (Autodesk Inc.), Computational Engineering International (CEI) Inc., Numeca International Inc., and Flow Science Inc.
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