Market Overview:
The global CFD in aerospace and defense market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for commercial and military aircraft, rising air traffic, and the growing need for advanced simulation technologies. The global CFD in aerospace and defense market by type is segmented into gases and liquids. The gases segment is expected to grow at a CAGR of 7% from 2018 to 2030, while the liquids segment is projected to grow at a CAGR of 5%. By application, the commercial aviation sector accounts for the majority share of the global CFD in aerospace and defense market followed by military aviation sector. However, with advancements in simulation technologies used for training purposes such as virtual reality (VR) & augmented reality (AR), there has been an increase in demand for CFD services from other sectors such as automotive & transportation, marine engineering etc., which are expected to register high growth rates during the forecast period. Geographically, North America dominates the global CFD in aerospace and defense market followed by Europe due its large number of aircraft manufacturers present in these regions.
Product Definition:
CFD is the acronym for Computational Fluid Dynamics. CFD is a numerical technique used to solve problems involving fluid flow, heat transfer and chemical reactions. The importance of CFD in Aerospace and Defense can be summed up with two words: Precision and Efficiency. By using CFD simulations, engineers can achieve a high degree of precision when predicting how fluids will behave under specific conditions.
Gases:
Gases, it's usage and growth factor in CFD in Aerospace.
*** Introduction of Gases *** Introduction of Gases*** Usage & Growth Factor in CFD (Computational Fluid Dynamics) for aerospace & defense applications.Introduction: Computational fluid dynamics (CFD) is used to analyze the flow of gases or liquids around various parts, which forms an important part of the aerospace industry.
Liquids:
Liquids is a term used in fluid dynamics to define any substance that does not allow the free flow of air in its container. The most common types of liquids are water, oil, and fuel. In aerospace and defense industry liquid is used for testing CFD (Computational Fluid Dynamics) software which helps to design aircraft engines or missiles etc. This technology uses laminar flows which provide accurate results with less experimental expenditure thus reducing overall cost.
Application Insights:
The commercial application segment dominated the global market in 2017. The growth of this segment can be attributed to increasing use of computational fluid dynamics for designing and testing aircraft components. Computational fluid dynamics provides accurate predictions about the performance of an aerodynamic component, which is crucial for its design and manufacturing. Thus, it has become essential in industries such as aerospace and defense to utilize CFD for analyzing, designing and testing a wide range of components including airframe, engine parts & systems, control surfaces (flaps & slats), body panels & interiors as well as wind turbines.
Military applications accounted for a significant share in the overall market owing to increased usage of computational fluid dynamics by military agencies such as U.S., Canada France etc.
Regional Analysis:
North America dominated the global market in 2017. The U.S.-based companies are at the forefront of technological advancements and innovation in CFD technology, which is further expected to propel regional growth over the forecast period.
The European aerospace and defense industry is highly innovative and has adopted CFD for its design activities as well as wind tunnel simulations for aerodynamic studies of aircraft components, thereby contributing significantly to regional growth. Asia Pacific also presents lucrative opportunities due to increasing military expenditure by countries such as China and India along with rising commercial aviation traffic across Asian countries such as China, Japan, South Korea, Taiwan among others will drive demand over the next eight years (2018-2030).
Growth Factors:
- Increasing demand for aircraft and spacecraft
- Rising need for advanced simulation and analysis tools to improve the design process
- Growing popularity of CFD software among engineers and designers
- Proliferation of new technologies and materials that require CFD analysis for proper optimization 5. Increased spending on aerospace and defense by governments around the world
Scope Of The Report
Report Attributes
Report Details
Report Title
CFD in Aerospace and Defense Market Research Report
By Type
Gases, Liquids
By Application
Commercial, Military, Others
By Companies
Ansys, CD Adapco Group, Mentor Graphics, AspenTech, Bentley Systems, Autodesk, COMSOL, Dassault Systèmes, ESI Group, EXA, Flow Science, Numeca International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global CFD in Aerospace and Defense Market Report Segments:
The global CFD in Aerospace and Defense market is segmented on the basis of:
Types
Gases, Liquids
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Military, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ansys
- CD Adapco Group
- Mentor Graphics
- AspenTech
- Bentley Systems
- Autodesk
- COMSOL
- Dassault Systèmes
- ESI Group
- EXA
- Flow Science
- Numeca International
Highlights of The CFD in Aerospace and Defense Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gases
- Liquids
- By Application:
- Commercial
- Military
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CFD in Aerospace and Defense Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CFD stands for Computational Fluid Dynamics. CFD is a method used to study the flow of fluids in three dimensions. It is used in aerospace and defense to help designers understand how airfoils, engines, and other components behave under different conditions.
Some of the major players in the cfd in aerospace and defense market are Ansys, CD Adapco Group, Mentor Graphics, AspenTech, Bentley Systems, Autodesk, COMSOL, Dassault Syst¨mes, ESI Group, EXA, Flow Science, Numeca International.
The cfd in aerospace and defense market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CFD in Aerospace and Defense Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 CFD in Aerospace and Defense Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 CFD in Aerospace and Defense Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the CFD in Aerospace and Defense Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global CFD in Aerospace and Defense Market Size & Forecast, 2020-2028 4.5.1 CFD in Aerospace and Defense Market Size and Y-o-Y Growth 4.5.2 CFD in Aerospace and Defense Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gases
5.2.2 Liquids
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Military
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CFD in Aerospace and Defense Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CFD in Aerospace and Defense Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gases
9.6.2 Liquids
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Military
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gases
10.6.2 Liquids
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Military
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gases
11.6.2 Liquids
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Military
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gases
12.6.2 Liquids
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Military
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gases
13.6.2 Liquids
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Military
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CFD in Aerospace and Defense Market: Competitive Dashboard
14.2 Global CFD in Aerospace and Defense Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ansys
14.3.2 CD Adapco Group
14.3.3 Mentor Graphics
14.3.4 AspenTech
14.3.5 Bentley Systems
14.3.6 Autodesk
14.3.7 COMSOL
14.3.8 Dassault Systèmes
14.3.9 ESI Group
14.3.10 EXA
14.3.11 Flow Science
14.3.12 Numeca International