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PUBLISHER: IMARC | PRODUCT CODE: 1451821

PUBLISHER: IMARC | PRODUCT CODE: 1451821

Cloud CFD Market Report by Application (Automotive, Aerospace and Defense, Electrical and Electronics, and Others), and Region 2024-2032

PUBLISHED: March 2, 2024

PAGES: 144 Pages

DELIVERY TIME: 2-3 business days

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The global cloud CFD market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.31% during 2024-2032. The rising demand for high-performance cloud computing, widespread product adoption across numerous industries for simulation applications, the escalating need to reduce operational costs among businesses, and ongoing technological advancements in cloud technologies represent some of the key factors driving the market.

Cloud CFD, also known as cloud computational fluid dynamics, refers to a branch of engineering and applied mathematics that uses numerical methods to analyze and solve fluid flow and heat transfer problems. It utilizes cloud computing resources and infrastructure for performing computational fluid dynamics simulations. Cloud CFD involves accessing remote cloud servers and utilizing their computational resources to perform CFD simulations, eliminating the need for extensive local hardware infrastructure. It offers several benefits, such as high-performance computing capabilities, faster simulation turnaround times, and increased productivity. In addition to this, it enables engineers and researchers to solve complex fluid dynamics problems more efficiently and effectively. Cloud CFD offers scalability and flexibility to handle simulations of varying sizes and complexities without the constraints of local computing resources. As a result, it is extensively used across the aerospace, automotive, energy, and manufacturing industries.

Cloud CFD Market Trends:

The rising demand for high-performance computing due to the growing complexity of engineering and scientific simulations represents one of the prime factors driving the market growth. Besides this, cloud CFD offers cost-effective solutions compared to on-premises computing infrastructure, as it eliminates the need for upfront capital investments and reduces operational costs, which, in turn, is creating a positive outlook for the market. Moreover, the increasing product adoption to enable remote access to simulations and data, facilitating collaborations among geographically dispersed teams and reducing the limitations of physical infrastructure, are presenting remunerative growth opportunities for the market. In addition to this, the widespread product adoption across the electronics, healthcare, automotive, aerospace, defense, energy, and power industries for their specific simulation requirements and analysis of fluid flow is acting as a significant growth-inducing factor. Concurrent with this, the expanding adoption of the Internet of Things (IoT) and digital twin technologies in various industries is fueling the demand for cloud-based CFD for simulations, monitoring, and optimization of connected systems, which is contributing to the market growth. Furthermore, continuous advancements in cloud technologies, including high-speed networking, virtualization, and improved security measures, enhancing the reliability and performance of cloud-based CFD solutions, are strengthening the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global cloud CFD market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on application.

Application Insights:

Automotive

Aerospace and Defense

Electrical and Electronics

Others

The report has provided a detailed breakup and analysis of the cloud CFD market based on the application. This includes automotive, aerospace and defense, electrical and electronics, and others. According to the report, automotive represented the largest segment.

Regional Insights:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for cloud CFD. Some of the factors driving the North America cloud CFD market included the increasing product adoption across automotive and aerospace industries, the expanding integration of IoT and digital twin in various sectors, and ongoing advancements in cloud technologies.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global cloud CFD market. Detailed profiles of all major companies have been provided. Some of the companies covered include Altair Engineering Inc., ANSYS Inc., Ceetron AS (Tech Soft 3D Inc.), ESI Group, Siemens AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

How has the global cloud CFD market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global cloud CFD market?
What is the impact of each driver, restraint, and opportunity on the global cloud CFD market?
What are the key regional markets?
Which countries represent the most attractive cloud CFD market?
What is the breakup of the market based on the application?
Which is the most attractive application in the cloud CFD market?
What is the competitive structure of the global cloud CFD market?
Who are the key players/companies in the global cloud CFD market?

Product Code: SR112024A8313

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 Cloud CFD Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Application

6.1 Automotive
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Aerospace and Defense
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
6.3 Electrical and Electronics
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast

7 Market Breakup by Region

7.1 North America
- 7.1.1 United States
  - 7.1.1.1 Market Trends
  - 7.1.1.2 Market Forecast
- 7.1.2 Canada
  - 7.1.2.1 Market Trends
  - 7.1.2.2 Market Forecast
7.2 Asia-Pacific
- 7.2.1 China
  - 7.2.1.1 Market Trends
  - 7.2.1.2 Market Forecast
- 7.2.2 Japan
  - 7.2.2.1 Market Trends
  - 7.2.2.2 Market Forecast
- 7.2.3 India
  - 7.2.3.1 Market Trends
  - 7.2.3.2 Market Forecast
- 7.2.4 South Korea
  - 7.2.4.1 Market Trends
  - 7.2.4.2 Market Forecast
- 7.2.5 Australia
  - 7.2.5.1 Market Trends
  - 7.2.5.2 Market Forecast
- 7.2.6 Indonesia
  - 7.2.6.1 Market Trends
  - 7.2.6.2 Market Forecast
- 7.2.7 Others
  - 7.2.7.1 Market Trends
  - 7.2.7.2 Market Forecast
7.3 Europe
- 7.3.1 Germany
  - 7.3.1.1 Market Trends
  - 7.3.1.2 Market Forecast
- 7.3.2 France
  - 7.3.2.1 Market Trends
  - 7.3.2.2 Market Forecast
- 7.3.3 United Kingdom
  - 7.3.3.1 Market Trends
  - 7.3.3.2 Market Forecast
- 7.3.4 Italy
  - 7.3.4.1 Market Trends
  - 7.3.4.2 Market Forecast
- 7.3.5 Spain
  - 7.3.5.1 Market Trends
  - 7.3.5.2 Market Forecast
- 7.3.6 Russia
  - 7.3.6.1 Market Trends
  - 7.3.6.2 Market Forecast
- 7.3.7 Others
  - 7.3.7.1 Market Trends
  - 7.3.7.2 Market Forecast
7.4 Latin America
- 7.4.1 Brazil
  - 7.4.1.1 Market Trends
  - 7.4.1.2 Market Forecast
- 7.4.2 Mexico
  - 7.4.2.1 Market Trends
  - 7.4.2.2 Market Forecast
- 7.4.3 Others
  - 7.4.3.1 Market Trends
  - 7.4.3.2 Market Forecast
7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Breakup by Country
- 7.5.3 Market Forecast

8 Drivers, Restraints, and Opportunities

8.1 Overview
8.2 Drivers
8.3 Restraints
8.4 Opportunities

9 Value Chain Analysis

10 Porters Five Forces Analysis

10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes

11 Price Analysis

12 Competitive Landscape

12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
- 12.3.1 Altair Engineering Inc.
  - 12.3.1.1 Company Overview
  - 12.3.1.2 Product Portfolio
- 12.3.2 ANSYS Inc.
  - 12.3.2.1 Company Overview
  - 12.3.2.2 Product Portfolio
- 12.3.3 Ceetron AS (Tech Soft 3D Inc.)
  - 12.3.3.1 Company Overview
  - 12.3.3.2 Product Portfolio
- 12.3.4 ESI Group
  - 12.3.4.1 Company Overview
  - 12.3.4.2 Product Portfolio
- 12.3.5 Siemens AG
  - 12.3.5.1 Company Overview
  - 12.3.5.2 Product Portfolio

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Product Code: SR112024A8313

List of Figures

Figure 1: Global: Cloud CFD Market: Major Drivers and Challenges
Figure 2: Global: Cloud CFD Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Cloud CFD Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Cloud CFD Market: Breakup by Application (in %), 2023
Figure 5: Global: Cloud CFD Market: Breakup by Region (in %), 2023
Figure 6: Global: Cloud CFD (Automotive Industry) Market: Sales Value (in Million US$), 2018 & 2023
Figure 7: Global: Cloud CFD (Automotive Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 8: Global: Cloud CFD (Aerospace and Defense Industry) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Cloud CFD (Aerospace and Defense Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Cloud CFD (Electrical and Electronics Industry) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Cloud CFD (Electrical and Electronics Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Cloud CFD (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Cloud CFD (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: North America: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: North America: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: United States: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: United States: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Canada: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Canada: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Asia-Pacific: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Asia-Pacific: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: China: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: China: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Japan: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Japan: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: India: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: India: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: South Korea: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: South Korea: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Australia: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Australia: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Indonesia: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Indonesia: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Others: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Others: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Europe: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Europe: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Germany: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Germany: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: France: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: France: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: United Kingdom: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: United Kingdom: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Italy: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Italy: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Spain: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Spain: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Russia: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Russia: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Latin America: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Latin America: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Brazil: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Brazil: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Mexico: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Mexico: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Others: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Others: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Middle East and Africa: Cloud CFD Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Middle East and Africa: Cloud CFD Market: Breakup by Country (in %), 2023
Figure 62: Middle East and Africa: Cloud CFD Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Global: Cloud CFD Industry: Drivers, Restraints, and Opportunities
Figure 64: Global: Cloud CFD Industry: Value Chain Analysis
Figure 65: Global: Cloud CFD Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Cloud CFD Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Cloud CFD Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 3: Global: Cloud CFD Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 4: Global: Cloud CFD Market: Competitive Structure
Table 5: Global: Cloud CFD Market: Key Players

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