Computer-Aided Manufacturing (CAM) Market Size, Share & Industry Analysis, By Component (Solution, Services), By Deployment Type (Cloud, On-premises), By Industry (Automotive, Aerospace and Defence, High-Tech, Medical Devices and Components, Energy and Utilities, Others), By Enterprise Size (Large Enterprises, Small and Medium-Sized Enterprises)Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102224 | Status : Ongoing

KEY MARKET INSIGHTS

Computer-aided manufacturing (CAM) is a technology that uses software and computer-controlled machinery for automation of the manufacturing processes. CAM uses software to deliver information and data by converting it into detailed instruction for automated tools. Its applications are in various industries such as automotive, aerospace and defense, high-tech, medical devices & components, energy and utilities among others.

Key Market Driver -

• Increasing industrialization processes and adoption of cloud services • Rising demand for smart packaging • Increase in awareness of waste management, hygiene, and quality manufacturing

Key Market Restraint -

• The upfront investment and skilled operators and programmers

For instance, the CAM framework controls fabricating activities performed by automated welding machines and other mechanical instruments. An expert with process piping training directs how the framework moves the crude material to various machines after the consummation of each progression. After completing fabrication, the item is moved to finish other assembling operations, for example, synthesizing, and quality control, packaging, and final checks. Modular construction is another sector where the potential for CAM is enormous. In this technique, different structures are assembled after the processing is completed individually.

Key Players Covered:

Some of the key vendors in the global CAM market are Hexagon, Autodesk, Dassault Systèmes, Siemens, CNC Software, MecSoft, OPEN MIND Technologies, HCL, DP Technology Corp., 3D Systems, PTC, SolidCAM, NTT Data Engineering Systems Corporation, SmartCAMcnc and among others.

In 2017, Autodesk introduced Computer-Aided Manufacturing (CAM) items for a large number of cutting edge fabricating applications. This new item consolidates the legacy of industry initiative in CAM programming from Delcam with Autodesk's 3D structure and assembling ability, giving Autodesk CAM clients a ground-breaking and exceptional client experience.

Regional Analysis:

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Asia-Pacific region is expected to generate high revenue in Computer-Aided Manufacturing due to the increasing trend of the industrialization process in APAC along with the rising adoption of CAM solutions. The key vendors in APAC are situated majorly in India and China. In North America, computer-aided manufacturing is being highly adopted manufacturing industry as well as the packaging industry owing to its characteristics offered. Also, the Industrial Internet of Things (IIoT) has the largest market in North America, which is creating the need for CAM. According to the International Federation of Robotics (IFR), the adoption of robotics is expected to grow exponentially by the year 2025 owing to the increased functionality and applications in various fields.

Segmentation

ATTRIBUTE	DETAILS
By Component	Solution Services Training and Education Support and Maintenance
By Deployment Type	Cloud On-premises
By Industry	Automotive Aerospace and Defence High-Tech Medical Devices and Components Energy and Utilities Others
By Enterprise Size	Large Enterprises Small and Medium-Sized Enterprises
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Scandinavia and Rest of Europe) Asia Pacific (Japan, China, India and Rest of Asia Pacific) Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa) Latin America (Brazil, Mexico and Rest of Latin America)

Key Industry Developments

December 2018: Dassault system announced that it is working 3D printing technology and innovation. It will be using Computer-Aided Manufacturing for making perdition and directing the printer and hardware according to the prototype shape. CAM will help to optimise the manufacturing process.

February 2017: Hexagon AB, a provider of data innovations that drive efficiency and quality crosswise over geospatial and modern undertaking applications, today declared a consent to obtain MSC Software ("MSC"), a main supplier of PC supported building (CAE) arrangements, to enhance plan for creation, guaranteeing downstream profitability, item quality and sturdiness.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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