EMEA and the Americas dominate the global computational fluid dynamics (CFD) markset in the aerospace and defense industry. The presence of aerospace and defense companies in the US and Germany is the major factor driving the market.The increased need for CFD in the R&D of aerospace and defense industry is driving the market. The National Aeronautics and Space Administration (NASA) plays a major role in the growth of the CFD market in the aerospace and defense industry.Growing military expenditure due to increased security threats and the growth of cloud CFD are some of the major driving factors in the market.The market faces several challenges such as inaccuracy of CFD calculations in certain scenarios such as turbulent flow analysis.The growth of small and medium enterprises (SMEs) in the aerospace and defense industries such as SpaceX is a major trend in the market, which is expected to create a positive growth in the market.

PART 01: Executive summary 5

Highlights 5

PART 02: Scope of the report 6

CFD 6

Market overview 6

Top-vendor offerings 9

PART 03: Market research methodology 10

Research methodology 10

Economic indicators 10

PART 04: Introduction 11

Key market highlights 11

PART 05: PLM overview 12

PART 06: Role of PLM in product development 15

PART 07: CAE overview 18

PART 08: Market landscape 19

Market overview 19

Market size and forecast 20

PART 09: Geographic segmentation 23

APAC 24

EMEA 26

Americas 28

PART 10: Buying criteria 29

Buying criteria for CFD 29

PART 11: Key leading countries 31

US 31

Germany 32

PART 12: Market drivers 34

Increasing military expenditures 34

Growing aerospace industry in developing countries 34

Increase in demand for cloud CFD to convert CAPEX to

OPEX 34

Need to reduce product development cycle time and

cost 35

Use of CFD for increased fuel efficiency 36

PART 13: Impact of drivers 37

PART 14: Market challenges 38

Adoption of in-house CFD codes 38

Challenges associated with use of CFD 38

Lack of awareness among end-users about

developments in CFD 38

Need for wind tunnel testing for complex CFD

simulations 39

PART 15: Impact of drivers and challenges 40

PART 16: Market trends 41

Growth of R&D in SMEs in aerospace and defense

industry 41

PART 17: Five force analysis 43

Five forces analysis 43

PART 18: Vendor landscape 44

Competitive landscape 44

ANSYS 45

Siemens PLM Software 46

Mentor Graphics 52

Other prominent vendors 53

PART 19: Appendix 55

List of abbreviations 55

PART 20: Explore Technavio 57