Authored By: Sarah
13 Oct 2022

Computational Fluid Dynamics (CFD) In APAC 2021-2025: Reduction in Product Design Time and Cost will Drive the Market Growth

The computational fluid dynamics (CFD) market share in APAC is projected to post an incremental growth of USD 173.68 million, accelerating at a CAGR of over 5% during the forecast period. Technavio's research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends, and challenges that are expected to impact the market in focus.

The research will thus equip business leaders with data and insights necessary for designing future-ready strategies for growth and development. Unlock Free Sample Analysis Report

Computational Fluid Dynamics (CFD) In APAC 2021-2025: Reduction in Product Design Time and Cost will Drive the Market Growth

Computational Fluid Dynamics (CFD) Market In APAC: What are the factors that will drive market growth?

One of the key factors that will drive growth is the prevention of fraud and malicious attacks. In addition, the reduction in product design time and cost are the major computational fluid dynamics (CFD) market trends that positively influence market growth. However, the factors such as the high cost of CFD software will challenge the growth of the market participants.

Technavio's research report provides a comprehensive analysis of all the other factors that will boost growth during the forecast period. 

Computational Fluid Dynamics (CFD) Market In APAC: Segments and Geographical Regions

The computational fluid dynamics (CFD) market in APAC is segmented as below:

  • End-user
    • Automotive Industry
    • Aerospace And Defense Industry
    • Electrical And Electronics Industry
    • Others
  • Geography
    • China
    • Japan
    • South Korea (Republic Of Korea)
    • Taiwan
    • Rest Of APAC

Computational Fluid Dynamics (CFD) Market In APAC: Vendor Landscape

The computational fluid dynamics (CFD) market in APAC is concentrated and market growth depends on market conditions, government support, and industry development. Altair Engineering Inc., ANSYS Inc., Autodesk Inc., COMSOL AB, Convergent Science Inc., Dassault Systemes SE, ESI Group, Hexagon AB, PTC Inc., and Siemens AG are some of the major computational fluid dynamics (CFD) market vendors in APAC. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. The customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download the Free PDF Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 5%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 173.68 mn through 2021-2025.

     
  3. What are the key regions covered in this market research report?
    China, Japan, South Korea (Republic of Korea), Taiwan, and Rest of APAC are the key regions featured in this research report.

     
  4. Which is the leading geographic region for this market:
    47% growth will originate from the Rest of APAC.

     
  5. Who are the leading market vendors?
    The leading vendors in this market are Altair Engineering Inc., ANSYS Inc., Autodesk Inc., COMSOL AB, Convergent Science Inc., Dassault Systemes SE, ESI Group, Hexagon AB, PTC Inc., and Siemens AG

     
  6. What are the market segments covered in this report?
    The market is segmented by End-user (Automotive industry, Aerospace and defense industry, Electrical and electronics industry, and Others) and Geography (China, Japan, South Korea (Republic of Korea), Taiwan, and Rest of APAC.
Read News Read Less
Interested in this report?
Get your sample now!
Technavio