Global Computer Aided Manufacturing Market Overview:
Computer-aided manufacturing (CAM) refers to the use of software and computer-controlled machinery to automate a manufacturing process and to make it less time-consuming and efficient. Its primary objective is to create a faster manufacturing process and components and tooling with more precise dimensions and consistency in materials. Three components are required for the CAM system to function firstly a software that tells a machine how to make a product, secondly machinery that receives the command and can turn raw material into a product, and lastly post-processing that converts toolpaths into a language that the machine can understand. CAM is widely used around the world but still has many places to grow. CAM generally falls into two types reductive and additive. Reductive processes involve getting rid of materials and additive processes involve the addition of materials. Computer-aided manufacturing is often linked with CAD for more enhanced manufacturing. Some of the players profiled in the study are 3D Systems (United States), Autodesk (United States), Dassault Systems (France), HCL (India), CNC Software Inc. (US), OPEN MIND Technologies (Germany), DP Technology Corp. (US),, Hexagon (Sweden), Siemens (Germany), PTC (US) and Orbotech (Israel).
On the basis of geography, the market of Computer Aided Manufacturing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organisation, the sub-segment i.e. SMEs will boost the Computer Aided Manufacturing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-Premise will boost the Computer Aided Manufacturing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Need for Precision and Efficiency in Manufacturing
- Computer-Aided Manufacturing Are Being Used to Control Manufacturing from One Central Place
- Growing Demand for Computer-Aided Software Due to Industrial Internet of Things
- Decreasing Waste Production Due to Use of Computer-Aided Manufacturing
- High Cost of Initial Installation of Computer-Aided Manufacturing Software
- Increasing Demand for Computer-Aided Manufacturing from Mechanical, Electrical, and Aerospace Engineering
- Increasing Manufacturing Activity in Developing Countries
- Need of High Education to Operate Computer-Aided Manufacturing Software
- Avoiding Bugs and Glitches Is Difficult in Making of Computer-Aided Manufacturing Software
Key Market Developments:
In March 2021, Orbotech’s division, Frontline launched “InFlow” an automated and robust all-in-one engineering software solution in the market of printed circuit boards manufacturing. InFlow offers full coverage of the entire engineering process. According to Orbotech, this new software will reduce the time for manufacturing by up to 60% which will ultimately reduce time to market even if the design is complex and the volume level is high.
In Oct 2020, Hexagon AB a global leader in software and autonomous solutions announced that they will be acquiring D.P. Technology, a developer and supplier of computer-aided manufacturing technology. According to Hexagon, this acquisition will cement their position as a market leader in the computer-aided manufacturing market. Hexagon will now be able to use connections and clients of DP along with its expertise in computer-aided manufacturing.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Computer-Aided Manufacturing, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Computer Aided Manufacturing market on the basis of product  , application [Drilling, Laser Cutting, Flame and Plasma Cutting, Routing and Milling and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Computer Aided Manufacturing market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Computer Aided Manufacturing industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Computer Aided Manufacturing market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.