Research and Markets: Global CFD Market in the Aerospace and Defense Industry to 2016: Ansys, CD-adapco, ESI & Mentor Graphics Dominate

Research and Markets (http://www.researchandmarkets.com/research/g9xln5/global_cfd_market) has announced the addition of the "Global CFD Market in the Aerospace and Defense Industry to 2016" report to their offering.

One of the major drivers in the market is the advantage of CFD tools over traditional testing methods. The usage of CFD has various advantages over traditional testing such as wind tunnel testing.

Some of the large PLM and CFD vendors have started providing integrated CFD software with several other PLM tools to improve both the efficiency and the effectiveness of the product development cycles. Many customers prefer this integrated software as it reduces the product development cycle time and increases its efficiency simultaneously. As such, vendors are developing integrated CFD software with CAD software. The integration of CFD and CAD solutions enables engineers to work on a single geometry, so the changes made in one application would be directly updated in the other. This eliminates the data transfer gap between CFD and CAD applications, thereby increasing the efficiency of the product development cycle.

Further, the report states that one of the major challenges in the market is the increasing popularity of open-source CFD software. Many commercial users are adopting open-source CFD software rather than investing the money in commercial licenses.

The key vendors dominating this market space are:

• Ansys Inc.
• CD-adapco Ltd
• ESI Group SA
• Mentor Graphics Corp.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Introduction

04. Market Research Methodology

05. Scope of the Report

06. Market Landscape

07. Geographical Segmentation

08. Key Leading Countries

09. Vendor Landscape

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/g9xln5/global_cfd_market

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Sector: Aerospace and Defence