Press release
Market Trend : Computational Fluid Dynamics (CFD) Market in APAC Grow at a CAGR of 10.28% by Revenue During the Period 2018-2022
APAC is home to many automotive manufacturers and their R&D centers. CFD software is widely used in the design and manufacture of automotive components and parts.
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The software can be segmented into various end-users, which includes automotive industry, aerospace and defense industry, electrical and electronics industry, and others. Several companies are steadily adopting computational fluid dynamics (CFD) software. The adoption of CFD software aids these companies in attaining a competitive advantage since they improve the time-to-market by reducing the product development cycle and testing time.
Technavios analysts forecast the computational fluid dynamics (CFD) market in APAC to grow at a CAGR of 10.28% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the computational fluid dynamics (CFD) market in APAC for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of computational fluid dynamics (CFD) software.
The market is divided into the following segments based on geography:
China
Japan
South Korea
Taiwan
Technavio's report, Computational Fluid Dynamics (CFD) Market in APAC 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
ANSYS
Dassault Systemes
Hexagon
Siemens PLM Software
Other prominent vendors
Altair
Autodesk
COMSOL
Convergent Science
ESI Group
Flowscience
Fluidyn
NUMECA International
SimScale
Market driver
Reduction in product design time and cost
For a full, detailed list, view our report
Market trend
The utilization of CFD in biomedical applications
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/computational-fluid-dynamics-cfd-market-in-apac-2018-2022-report.html
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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