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Computational Fluid Dynamics (CFD) Market Value to Increase by $ 606 76 Million | High Adoption of Electric Vehicles to upheave Growth

Computational Fluid Dynamics (CFD) Market Value to Increase by $ 606 76 Million | High Adoption of Electric Vehicles to upheave Growth | Technavio

NEW YORK, April 30, 2021 /PRNewswire/ The global computational fluid dynamics (CFD) market is set to grow by USD 606.76 million during 2021-2025, registering a CAGR of over 5% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. - Advertisement - The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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 market participants. The reduction in product design time and cost will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

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