
Report ID: SQSG25E2008
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to computer aided manufacturing (cam) market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Computer Aided Manufacturing (CAM) Market size was valued at USD 3.1 billion in 2023 and is poised to grow from USD 3.38 billion in 2024 to USD 6.79 billion by 2032, growing at a CAGR of 9.1% during the forecast period (2025-2032).
The computer aided manufacturing (cam) market is relatively fragmented, with a high level of competition. Few large players, like Autodesk Inc., Microsoft Corporation, and Siemens AG, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Autodesk (US) ', 'Siemens (Germany) ', 'Hexagon (Sweden) ', 'Dassault Systèmes (France) ', 'Hypertherm (US) ', 'PTC (US) ', 'SolidCAM (Israel) ', 'TopSolid (France) ', 'CAMWorks (US) ', 'Mastercam (US) ', 'Sigmanest (US) ', 'NTT Data Engineering Systems (Japan) ', 'ZWSOFT (China) ', 'Lantek (Spain) ', 'MecSoft Corporation (US) ', 'GibbsCAM (US) ', 'EZCAM (US) ', 'Open Mind Technologies (Germany) ', 'Tebis (Germany) ', 'NCG CAM Solutions (UK) ', 'SmartCAM (US) ', 'Carbide (US) ', 'Metamation (US) ', 'Ong Solutions (US) ', 'MaxxCAM (US)'
The increased implementation of CAM software in packing machines is a major factor driving the growth of the CAM market. Packaging machinery aids in the completion of several stages of the packaging process, including filling, wrapping, strapping, and labeling. As packing machines become more complicated and efficient, engineers and designers are turning to CAM software to address specific mechatronic engineering difficulties.
A significant transition away from proprietary software and toward cloud-based subscriptions is likely to generate an attractive potential for the computer-aided manufacturing (CAM) market development. Cloud-based solution adoption is likely to accelerate since it allows end-users to cut total implementation and ownership costs. Cloud-based solutions are expected to grow as a result of new users attracted to the low-risk start-up value proposition offered by cloud-based applications, as well as cloud-based offerings replacing existing desktop software, whose users are expected to be attracted to the operational flexibility enabled by cloud-based subscription models.
North America led the global computer aided manufacturing (CAM) market in the year 2021 and is likely to continue to do so during the forecast period, owing to increased investment in the US infrastructure industry, particularly in software design and engineering. Furthermore, technical improvements in the architecture, aerospace & defense, and civil construction industries support the growth of the computer-aided manufacturing market in North America.
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Report ID: SQSG25E2008
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