Lower Cost of Computational Fluid Dynamics Software in the Electronics Industry Driving Demand

A recently released report by Technavio reveals that the Global Computational Fluid Dynamics (CFD) market in the Electronics Industry is expected to grow at a CAGR of 15.7 percent.

London, UK, August 28, 2011 -- A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Global Computational Fluid Dynamics (CFD) market in the Electronics Industry is expected to grow at a CAGR of 15.7 percent.

The report, which covers the Americas as well as the APAC and EMEA regions, indicates that the market is being driven by decreasing implementation costs.

According to Technavio’s industry analyst, “High CFD license costs were a major barrier to the adoption of CFD in the Electronics industry. However, with the introduction of lower license costs and new licensing models, leading electronic companies such as Samsung Electronics and Panasonic, have been adopting CFD software to simulate heat dissipation in electronic circuits and devices.”

The report also highlights that the growing popularity of open source solutions is hindering the growth of this market. However, the use of CFD to reduce design and production costs is expected to keep driving the market.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, Global Computational Fluid Dynamics Market in the Electronics Industry 2010-2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including ANSYS, Mentor Graphics and CD-adapco.

For further information and to obtain your copy of this report, please visit http://technavio.com/content/global-computational-fluid-dynamics-market-electronics-industry-2010-2014. Follow us on Twitter: @technavio for daily updates.

Media Contact:
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: +44 (0) 20 7291 0880
Fax: +44 (0) 84 5280 2825
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Electric Vehicle Market Witnessing Emergence of Zero Emission Vehicles

A recently released report by Technavio reveals that the Global Electric Vehicle market is expected to grow at a CAGR of 30.1 percent.

London, UK, August 28, 2011 -- A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Global Electric Vehicle market is expected to grow at a CAGR of 30.1 percent.

The report, which covers the Americas, the EMEA region, and the APAC region (especially China) indicates that the market is being driven by rising oil prices.

According to Technavio’s industry analyst, “With oil prices continuing to rise, the commuting cost is also likely to go up. Thus, automobile buyers are showing interest in buying vehicles with cheaper fuel options that will help them bring down costs. Moreover, electricity is fast gaining popularity as an economic and environmentally friendly option for vehicles.”

The report also highlights that the high price and limited driving range of electric vehicles is hindering the growth of this market. However, the push by various governments to encourage the adoption of green technology is expected to keep driving this market. There is also a trend in this market of vendors focusing on zero emission vehicles.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, Global Electric Vehicle Market (BEVs, PHEVs, HEVs) 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including Toyota Motors Corp., Honda Motors Co. Ltd., Ford Motor Co., and General Motors Co.

For further information and to obtain your copy of this report, please visit http://technavio.com/content/global-electric-vehicle-market-bevs-phevs-hevs-2010-2014. Follow us on Twitter: @technavio for daily updates.

Media Contact:
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: +44 (0) 20 7291 0880
Fax: +44 (0) 84 5280 2825
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CAD Software Helping to Achieve Significant Design Cost Savings

A recently released report by Technavio reveals that the Asia Pacific CAD Software market is expected to grow at a CAGR of 10.4 percent.

London, UK, August 28, 2011 -- A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Asia Pacific CAD Software market is expected to grow at a CAGR of 10.4 percent.

The report, which focuses specifically on the Asia Pacific region, indicates that the market is being driven by the significant savings that CAD software can help companies achieve in terms of product design and development.

According to Technavio’s industry analyst, “Product design is the one of the key areas of focus for the manufacturing industry. It is estimated that 80 percent of the entire product cost depends on the product design. The use of CAD software to effectively design components helps to reduce MRO (Maintenance, Repair, and Overhaul) and related expenses during the production cycle.”

The report also highlights that the increasing number of counterfeit products is hindering the growth of this market. However, the increased adoption of CAD software by several industries is expected to keep boosting demand. There is also increasing demand from the MSME sector.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, CAD Software Market in the Asia Pacific 2010-2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including Autodesk Inc., Dassault Systèmes SA, Siemens PLM, and Parametric Technology Corp.

For further information and to obtain your copy of this report, please visit http://technavio.com/content/cad-software-market-asia-pacific-2010-2014. Follow us on Twitter: @technavio for daily updates.

Media Contact:
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: +44 (0) 20 7291 0880
Fax: +44 (0) 84 5280 2825
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