14 July 2011, Pages - 23

TechNavio’s analysts forecast the Asia Pacific (APAC) Computational Fluid Dynamics (CFD) Software market to grow at a CAGR of 22.1 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the need for reliable and cost-effective products. The APAC CFD Software market has also been witnessing collaborative CFD techniques. However, the increasing adoption of open source CFD could hinder the growth of this market.

Key vendors dominating this market space include Ansys Inc., CD Adapco Ltd., and Mentor Graphics.

TechNavio’s Asia Pacific Computational Fluid Dynamics Software Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the APAC region and covers the current CFD Software market landscape and its prospects for growth. The report also includes a discussion on the vendors in the APAC CFD Software market.

Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?

TechNavio's research portfolio in the Engineering series includes reports on the CAM Market, GIS Market, CAD Market, Construction Equipment Market, MES Market, PLM Market, CAE Market, FEA Market, PDM Market, AEC Software Market