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Computer Aided Manufacturing Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

Global Computer Aided Manufacturing Market is projected to value over USD 4.2 billion by 2026 end and grow at a CAGR of over 7% during the forecast period 2019 to 2026.
Computer Aided Manufacturing Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
Global Computer Aided Manufacturing Market is projected to value over USD 4.2
billion by 2026 end and grow at a CAGR of over 7% during the forecast period 2019
to 2026.
Computer-aided manufacturing (CAM) is a means of automating the manufacturing
process through the use of software and computer-controlled machinery. CAM
software finds extensive application across various industries. It assists engineers,
architects and designers in manufacturing and designing objects, and simplifies their
work. In specific spheres such as computer numerical control (CNC) machining, the
market and its services play an imperative role In computer-aided designing (CAD)
and computer-aided engineering (CAE), computer-aided manufacturing (CAM) acts
like the resulting aid, since the model generated in CAD and tested in CAE can be
input for CAM software, which helps control the machine tool. The main function is
to regulate the operations in the manufacturing plant. Employed especially in CNC
machines, CAM uses the assemblies formed to generate toolpath that drives
machine tools to turn designs into physical parts.
The mounting rise in demand for sophisticated, efficient and quick computer aided
manufacturing in various industries such as automobiles, aerospace & defence, and
others drive the growth of the CAM software market. Additionally, the surge in
industrialization and subsequent increase in the use of CAM software in packaging
machinery drive the CAM market growth. The adoption of cloud services and
technologies is further estimated to expand the market and provide lucrative trade
opportunities globally. However, the availability of open-source and free CAM
software restrain the market. Computer-aided manufacturing services have a wide
functioning range for efficiently carrying out various tasks performed in the entire
manufacturing process of an organization. Computer-aided manufacturing services
help the major firms bridge legacy systems to modern applications, deliver the best
experience to the engineer, mechanism, and manufacturers.
Ongoing developments and initiatives to improve the existing technology are being
undertaken thus assisting the growth of the global market. This motivates firms to be
informed about the ongoing trends and the high investments in R&D seem lucrative
and profitable for the market during the forecast period.
Services Segment Projected to Thrive at the Highest CAGR During the Forecast
Services component is extensively used across industries or efficiency purposes as
well as to provide the best possible experience to the manufacturers and the endusers. This has created opportunities for vendors to provide services to enterprises
across different industry verticals and help them deal with complexities occurred
while configuring the computer-aided manufacturing solution.
Automotive industry vertical is the fastest-growing segment and is steadily evolving
to offer vehicles powered with advanced IT technologies, which can exceed customer
expectations. Automobile manufacturing requires advanced technology and the use
of computer-aided manufacturing solution enables automakers to maximise
efficiency and time taken as well as satisfy the global demand of customers. For
instance, automotive companies such as Bentley Motors (UK), Ford (US), and BMW
(Germany) have adopted the computer-aided manufacturing technology to
manufacture their car parts. With the increasing need for anti- counterfeiting
technology, computer-aided services find great application in the industry given the
extensive need for different, advanced as well as unique products.
Europe is projected to garner the highest market revenue during the forecasted
timeframe. It is the most advanced region in terms of adopting automation
technologies and is a hub for the automotive industries thus creating the adequate
need for computer-aided manufacturing solution and services. Europe region
exhibits a wide presence of key industry players offering computer-aided
manufacturing solutions and its financial position enables it to invest majorly in the
leading tools and technologies for effective business operations.
Major firms operating in the global market include Autodesk Inc, Mastercam,
SolidCAM Ltd., EdgeCAM, ZWCAD Software Co., Ltd., GRZ Software, BobCAD-CAM,
Inc., Cimatron Group and Camnetics, Inc
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Computer Aided Manufacturing Market: Segmentation
By Component
• Solution
• Services
By Organization Size
• Large Enterprises
• Small and Medium-Sized Enterprises
By Deployment Type
• On-Premises
• Cloud
By Industry Vertical
• Automotive
Aerospace and Defense
Industrial Equipment
Medical Devices and Components
Energy and Utilities
By Region:
• Europe
• North America
• Latin America
• Rest of World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study:
• To provide an exhaustive analysis on the global computer aided market by
component, by organisation size, by deployment by end-user and by region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East.
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
1: Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders
2: Research Methodology
2.1 Research Data
3: Executive Summary
4: Premium Insights
4.1 Attractive Market Opportunities in the Computer-Aided Manufacturing Market
4.2 Market by Industry Vertical and Country (2019)
4.3 Market Major Countries
5: Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.3 Emerging Industry Application Trends
5.4 Case Study
6: Computer-Aided Manufacturing Market, By Component
6.1 Introduction
6.2 Solution
6.3 Services
7: Market, By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises
8: Market, By Deployment Type
8.1 Introduction
8.2 On-Premises
8.3 Cloud
9: Computer-Aided Manufacturing Market, By Industry Vertical
9.1 Introduction
9.2 Automotive
9.3 Aerospace and Defense
9.4 Industrial Equipment
9.5 High-Tech
9.6 Medical Devices and Components
9.7 Energy and Utilities
9.8 Others
10: Market, By Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
11: Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.3 Competitive Leadership Mapping
12: Company Profiles
12.1 Autodesk
12.2 Hexagon
12.3 Dassault Systèmes
12.4 Siemens
12.5 3D Systems
12.6 HCL
12.7 BobCAD-CAM
12.8 CNC Software
12.9 PTC
12.10 Open Mind Technologies
12.11 DP Technology
12.12 MecSoft
12.13 Solidcam
12.14 NTT Data Engineering Systems Corporation
12.15 ZWSOFT
12.16 SmartCAMcnc
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