What is the global market size of Global Computer Aided Manufacturing (CAM) Market?

Computer Aided Manufacturing (CAM) Market size was valued at USD 2.93 billion in 2021 and is poised to grow from USD 3.2 billion in 2022 to USD 6.6 billion by 2030, growing at a CAGR of 9.6% in the forecast period (2023-2030).

Computer Aided Manufacturing (CAM) Market Size, Share, Growth Analysis, By Component(Solution, Services), By Deployment Type(On-Premise deployment, Cloud deployment), By Application(Aerospace & Defense Industry, Shipbuilding Industry, Automobile & Train Industry, Machine Tool Industry), By Region - Industry Forecast 2024-2031

Q: Which region accounted for the largest share in Global Global Computer Aided Manufacturing (CAM) Market?

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.

Report ID: SQSG25E2008 | Region: Global | Published Date: July, 2036
Pages: 282 | Tables: 90 | Figures: 76

Computer Aided Manufacturing (CAM) Market News

In April 2022, Autodesk Inc. announced the launch of its next-gen tools for the new era of infrastructure development. These tools help in taking a better model design decision and improve the understanding of the impact of the project before execution. This is a cloud-based data-sharing system that supports efficient design and improves collaboration with shareholders.
In February 2022, Zauba Crop. Released OnCreate3D computer-aided manufacturing, a comprehensive cloud 3D computer-aided manufacturing program. The app eliminates the need to purchase different CAM packages and eliminates the need to track license update codes on hardware dongles and software lock files.

Computer Aided Manufacturing (CAM) Market Report Snapshots

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Computer Aided Manufacturing (CAM) Market size was valued at USD 2.93 billion in 2019 and is poised to grow from USD 3.2 billion in 2023 to USD 6.6 billion by 2031, growing at a CAGR of 9.6% in the forecast period (2024-2031).

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 Inc.', 'Dassault Systèmes SE', 'Siemens AG', 'PTC Inc.', 'CNC Software Inc.', 'Hexagon AB', '3D Systems Corporation', 'Mastercam/CNC Software, Inc.', 'SolidCAM Ltd.', 'MecSoft Corporation', 'BobCAD-CAM, Inc.', 'Missler Software SAS', 'OPEN MIND Technologies AG', 'Edgecam (Hexagon AB)', 'GibbsCAM (3D Systems Corporation)', 'Tebis AG', 'ESPRIT (DP Technology Corp.)', 'Cimatron (3D Systems Corporation)', 'WorkNC (Hexagon AB)', 'TopSolid (Missler Software SAS)'

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 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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