The Computational Fluid Dynamics (CFD) Market is expected to rise by USD 1.24 billion, reflecting a CAGR of 9.45% from 2023 to 2028. This growth is driven by factors such as the increasing need to minimize product design time and expenses, the growing adoption of electric vehicles, and the expansion of unconventional exploration and production projects. CFD is a vital tool for analyzing complex systems within various industries. Advances in CFD technology have allowed for precise flow property estimates in intricate systems, including separation systems, pipeline interferences, and heat exchangers. The market size is based on revenue from CFD-specific software and services, with software licensing revenue including both perpetual and subscription models.
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