

Thermal analysis and simulation software is essential for modeling, analyzing, and optimizing heat transfer and thermal behavior in various systems and materials. Thermal simulation is a crucial process used to analyze and predict how heat is distributed within a designed object or system. Using mathematical models and algorithms to simulate thermal behavior aids in assessing the impact of temperature on various components. Thermal analysis in CAD pertains to using CAD software to simulate and assess how a product or system responds to thermal factors. It involves predicting heat distribution, evaluating heat transfer mechanisms like conduction, convection, and radiation, and assessing the impact of temperature variations on materials. These tools are used in engineering disciplines such as electronics, automotive, aerospace, and energy systems, where accurate thermal management is critical for performance and safety.
The global Thermal Analysis and Simulation Software market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The “Thermal Analysis and Simulation Software Industry Forecast” looks at past sales and reviews total world Thermal Analysis and Simulation Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermal Analysis and Simulation Software sales for 2023 through 2029. With Thermal Analysis and Simulation Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Analysis and Simulation Software industry.
This Insight Report provides a comprehensive analysis of the global Thermal Analysis and Simulation Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Thermal Analysis and Simulation Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermal Analysis and Simulation Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Analysis and Simulation Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermal Analysis and Simulation Software.
United States market for Thermal Analysis and Simulation Software is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Thermal Analysis and Simulation Software is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Thermal Analysis and Simulation Software is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Thermal Analysis and Simulation Software players cover Siemens, ANSYS, Inc, Cadence Design Systems, Inc, SimScale, COMSOL, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Analysis and Simulation Software market by product type, application, key players and key regions and countries.
Segmentation by Type:
Electronic Cooling Software
Computational Fluid Dynamics (CFD) Thermal Software
Others
Segmentation by Application:
Electronics
Aerospace
Energy and Power
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Electronic Cooling Software
Computational Fluid Dynamics (CFD) Thermal Software
Others
Segmentation by Application:
Electronics
Aerospace
Energy and Power
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
ANSYS, Inc
Cadence Design Systems, Inc
SimScale
COMSOL
PTC
ThermoAnalytics
Altair Engineering Inc
Cfdesign
Coolit (Daat Research)
THESEUS-FE(ARRK Engineering GmbH)
Keysight Technologies
Horizonsimul
Simucad
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Thermal Analysis and Simulation Software Market Size 2019-2030
2.1.2 Thermal Analysis and Simulation Software Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Thermal Analysis and Simulation Software by Country/Region, 2019, 2023 & 2030
2.2 Thermal Analysis and Simulation Software Segment by Type
2.2.1 Electronic Cooling Software
2.2.2 Computational Fluid Dynamics (CFD) Thermal Software
2.2.3 Others
2.3 Thermal Analysis and Simulation Software Market Size by Type
2.3.1 Thermal Analysis and Simulation Software Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Thermal Analysis and Simulation Software Market Size Market Share by Type (2019-2024)
2.4 Thermal Analysis and Simulation Software Segment by Application
2.4.1 Electronics
2.4.2 Aerospace
2.4.3 Energy and Power
2.4.4 Others
2.5 Thermal Analysis and Simulation Software Market Size by Application
2.5.1 Thermal Analysis and Simulation Software Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Thermal Analysis and Simulation Software Market Size Market Share by Application (2019-2024)
3 Thermal Analysis and Simulation Software Market Size by Player
3.1 Thermal Analysis and Simulation Software Market Size Market Share by Player
3.1.1 Global Thermal Analysis and Simulation Software Revenue by Player (2019-2024)
3.1.2 Global Thermal Analysis and Simulation Software Revenue Market Share by Player (2019-2024)
3.2 Global Thermal Analysis and Simulation Software Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Thermal Analysis and Simulation Software by Region
4.1 Thermal Analysis and Simulation Software Market Size by Region (2019-2024)
4.2 Global Thermal Analysis and Simulation Software Annual Revenue by Country/Region (2019-2024)
4.3 Americas Thermal Analysis and Simulation Software Market Size Growth (2019-2024)
4.4 APAC Thermal Analysis and Simulation Software Market Size Growth (2019-2024)
4.5 Europe Thermal Analysis and Simulation Software Market Size Growth (2019-2024)
4.6 Middle East & Africa Thermal Analysis and Simulation Software Market Size Growth (2019-2024)
5 Americas
5.1 Americas Thermal Analysis and Simulation Software Market Size by Country (2019-2024)
5.2 Americas Thermal Analysis and Simulation Software Market Size by Type (2019-2024)
5.3 Americas Thermal Analysis and Simulation Software Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Thermal Analysis and Simulation Software Market Size by Region (2019-2024)
6.2 APAC Thermal Analysis and Simulation Software Market Size by Type (2019-2024)
6.3 APAC Thermal Analysis and Simulation Software Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Thermal Analysis and Simulation Software Market Size by Country (2019-2024)
7.2 Europe Thermal Analysis and Simulation Software Market Size by Type (2019-2024)
7.3 Europe Thermal Analysis and Simulation Software Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Thermal Analysis and Simulation Software by Region (2019-2024)
8.2 Middle East & Africa Thermal Analysis and Simulation Software Market Size by Type (2019-2024)
8.3 Middle East & Africa Thermal Analysis and Simulation Software Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Thermal Analysis and Simulation Software Market Forecast
10.1 Global Thermal Analysis and Simulation Software Forecast by Region (2025-2030)
10.1.1 Global Thermal Analysis and Simulation Software Forecast by Region (2025-2030)
10.1.2 Americas Thermal Analysis and Simulation Software Forecast
10.1.3 APAC Thermal Analysis and Simulation Software Forecast
10.1.4 Europe Thermal Analysis and Simulation Software Forecast
10.1.5 Middle East & Africa Thermal Analysis and Simulation Software Forecast
10.2 Americas Thermal Analysis and Simulation Software Forecast by Country (2025-2030)
10.2.1 United States Market Thermal Analysis and Simulation Software Forecast
10.2.2 Canada Market Thermal Analysis and Simulation Software Forecast
10.2.3 Mexico Market Thermal Analysis and Simulation Software Forecast
10.2.4 Brazil Market Thermal Analysis and Simulation Software Forecast
10.3 APAC Thermal Analysis and Simulation Software Forecast by Region (2025-2030)
10.3.1 China Thermal Analysis and Simulation Software Market Forecast
10.3.2 Japan Market Thermal Analysis and Simulation Software Forecast
10.3.3 Korea Market Thermal Analysis and Simulation Software Forecast
10.3.4 Southeast Asia Market Thermal Analysis and Simulation Software Forecast
10.3.5 India Market Thermal Analysis and Simulation Software Forecast
10.3.6 Australia Market Thermal Analysis and Simulation Software Forecast
10.4 Europe Thermal Analysis and Simulation Software Forecast by Country (2025-2030)
10.4.1 Germany Market Thermal Analysis and Simulation Software Forecast
10.4.2 France Market Thermal Analysis and Simulation Software Forecast
10.4.3 UK Market Thermal Analysis and Simulation Software Forecast
10.4.4 Italy Market Thermal Analysis and Simulation Software Forecast
10.4.5 Russia Market Thermal Analysis and Simulation Software Forecast
10.5 Middle East & Africa Thermal Analysis and Simulation Software Forecast by Region (2025-2030)
10.5.1 Egypt Market Thermal Analysis and Simulation Software Forecast
10.5.2 South Africa Market Thermal Analysis and Simulation Software Forecast
10.5.3 Israel Market Thermal Analysis and Simulation Software Forecast
10.5.4 Turkey Market Thermal Analysis and Simulation Software Forecast
10.6 Global Thermal Analysis and Simulation Software Forecast by Type (2025-2030)
10.7 Global Thermal Analysis and Simulation Software Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Thermal Analysis and Simulation Software Forecast
11 Key Players Analysis
11.1 Siemens
11.1.1 Siemens Company Information
11.1.2 Siemens Thermal Analysis and Simulation Software Product Offered
11.1.3 Siemens Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Siemens Main Business Overview
11.1.5 Siemens Latest Developments
11.2 ANSYS, Inc
11.2.1 ANSYS, Inc Company Information
11.2.2 ANSYS, Inc Thermal Analysis and Simulation Software Product Offered
11.2.3 ANSYS, Inc Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 ANSYS, Inc Main Business Overview
11.2.5 ANSYS, Inc Latest Developments
11.3 Cadence Design Systems, Inc
11.3.1 Cadence Design Systems, Inc Company Information
11.3.2 Cadence Design Systems, Inc Thermal Analysis and Simulation Software Product Offered
11.3.3 Cadence Design Systems, Inc Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Cadence Design Systems, Inc Main Business Overview
11.3.5 Cadence Design Systems, Inc Latest Developments
11.4 SimScale
11.4.1 SimScale Company Information
11.4.2 SimScale Thermal Analysis and Simulation Software Product Offered
11.4.3 SimScale Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 SimScale Main Business Overview
11.4.5 SimScale Latest Developments
11.5 COMSOL
11.5.1 COMSOL Company Information
11.5.2 COMSOL Thermal Analysis and Simulation Software Product Offered
11.5.3 COMSOL Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 COMSOL Main Business Overview
11.5.5 COMSOL Latest Developments
11.6 PTC
11.6.1 PTC Company Information
11.6.2 PTC Thermal Analysis and Simulation Software Product Offered
11.6.3 PTC Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 PTC Main Business Overview
11.6.5 PTC Latest Developments
11.7 ThermoAnalytics
11.7.1 ThermoAnalytics Company Information
11.7.2 ThermoAnalytics Thermal Analysis and Simulation Software Product Offered
11.7.3 ThermoAnalytics Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 ThermoAnalytics Main Business Overview
11.7.5 ThermoAnalytics Latest Developments
11.8 Altair Engineering Inc
11.8.1 Altair Engineering Inc Company Information
11.8.2 Altair Engineering Inc Thermal Analysis and Simulation Software Product Offered
11.8.3 Altair Engineering Inc Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Altair Engineering Inc Main Business Overview
11.8.5 Altair Engineering Inc Latest Developments
11.9 Cfdesign
11.9.1 Cfdesign Company Information
11.9.2 Cfdesign Thermal Analysis and Simulation Software Product Offered
11.9.3 Cfdesign Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Cfdesign Main Business Overview
11.9.5 Cfdesign Latest Developments
11.10 Coolit (Daat Research)
11.10.1 Coolit (Daat Research) Company Information
11.10.2 Coolit (Daat Research) Thermal Analysis and Simulation Software Product Offered
11.10.3 Coolit (Daat Research) Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Coolit (Daat Research) Main Business Overview
11.10.5 Coolit (Daat Research) Latest Developments
11.11 THESEUS-FE(ARRK Engineering GmbH)
11.11.1 THESEUS-FE(ARRK Engineering GmbH) Company Information
11.11.2 THESEUS-FE(ARRK Engineering GmbH) Thermal Analysis and Simulation Software Product Offered
11.11.3 THESEUS-FE(ARRK Engineering GmbH) Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 THESEUS-FE(ARRK Engineering GmbH) Main Business Overview
11.11.5 THESEUS-FE(ARRK Engineering GmbH) Latest Developments
11.12 Keysight Technologies
11.12.1 Keysight Technologies Company Information
11.12.2 Keysight Technologies Thermal Analysis and Simulation Software Product Offered
11.12.3 Keysight Technologies Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Keysight Technologies Main Business Overview
11.12.5 Keysight Technologies Latest Developments
11.13 Horizonsimul
11.13.1 Horizonsimul Company Information
11.13.2 Horizonsimul Thermal Analysis and Simulation Software Product Offered
11.13.3 Horizonsimul Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Horizonsimul Main Business Overview
11.13.5 Horizonsimul Latest Developments
11.14 Simucad
11.14.1 Simucad Company Information
11.14.2 Simucad Thermal Analysis and Simulation Software Product Offered
11.14.3 Simucad Thermal Analysis and Simulation Software Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Simucad Main Business Overview
11.14.5 Simucad Latest Developments
12 Research Findings and Conclusion
*If Applicable.