Market Research Report
Computer-Aided Manufacturing - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||860167|
|Published||Content info||148 Pages
Delivery time: 2-3 business days
|Computer-Aided Manufacturing - Global Market Outlook (2017-2026)|
|Published: May 1, 2019||Content info: 148 Pages||
According to Stratistics MRC, the Global Computer-Aided Manufacturing Market is accounted for $1.98 Billion in 2017 and is expected to reach $4.49 Billion by 2026 growing at a CAGR of 9.5% from 2017 to 2026. Some of the factors such as rising industrial and robotic automation and growing usage of cloud technologies and increasing use in packaging machinery will influence the market growth. However, high cost of operations and setup may hamper the market growth.
Computer-Aided Manufacturing (CAM) commonly refers to the use of numerical control (NC) computer software applications to create detailed instructions (G-code) that drive computer numerical control (CNC) machine tools for manufacturing parts. CAM reduces waste and energy for enhanced manufacturing and production efficiency via increased production speeds, raw material consistency and more precise tooling accuracy.
By Organization Size, the Cloud segment is expected to have a significant growth during the forecast period, as it is offers enhanced speed and scalability. Cloud computing has benefited many enterprises by reducing costs and enabling a focus on core business competence, rather than IT and infrastructure issues. By geography, Asia Pacific held the largest market share due to growing adoption of cloud CAM solutions and rising penetration of IoT in the manufacturing sector.
Some of the key players profiled in the Computer-Aided Manufacturing Market include Autodesk, Dassault Systemes, HCL, PTC,,Hexagon, CNC Software,Open Mind Technologies, BobCAD-CAM,Siemens, Solidcam, NTT Data Engineering Systems Corporation,3D Systems, ZWSOFT, MecSoft and SmartCAMcnc