Global Computer-Aided Manufacturing Market will trigger by its huge demand in automobiles and aerospace & defense sector
Published | 25 June 2019
According to BlueWeave Consulting,
The Global Computer-Aided
Manufacturing Market is expected to grow with a significant rate during the forecast
period 2019-2025, owing to rapid industrialization, growing usage of CAM
software in packaging machinery and increasing adoption of cloud technologies. Increasing
penetration of IoT in the manufacturing sector, implementation of Industry 4.0,
and demand for advanced industry manufacturing systems, and development of new
aerospace & defence projects will foster the global Computer-Aided
Manufacturing Market in the forecast period.
Moreover, the major
factor driving the market is growing use of CAM software in packaging machinery
increases the demand of CAM software substantially and the introduction of
cloud computing makes it more efficient and easily accessible. Additionally,
upsurge in applications of Computer-Aided Manufacturing in shipbuilding,
automotive, and aerospace industries to make design, documentation, drafting,
and manufacturing processes simpler will accelerate the growth of the
Computer-Aided Manufacturing market.
Furthermore, the
growing use of Computer-Aided Manufacturing for more efficient production
processes with more accurate material consistency and dimensions which decreases
waste and minimized energy use will contribute to Computer-Aided Manufacturing
market growth during the forecast period. Also, advancements in the technology
such as XML, cloud computing and quantum computing through this users to
increase the portability in designs, easy access to designs through cloud
computing and require less infrastructure is anticipated to fuel the
Computer-Aided Manufacturing market growth in the near future.
3D Design Type of
Computer-Aided Manufacturing Market is projected to be the leading segment of
the overall market during the forecast period
On the basis of Design Type, the Computer-Aided
Manufacturing market has been segmented into 2D and 3D. 3D Design Type segment
dominates the global Computer-Aided Manufacturing Market owing to its application
in wireframe/surface modeling and constructive solid geometry solid modeling to
build parts that are actually solid objects with volume. The 2D segment will
influence by its applications for laser cutting such as a cut or engrave a wide
variety of materials such as card, plywood, acrylic sheet, textiles, glass and draw
or cut 2D shapes on paper, card or self-adhesive vinyl sheets.
Solution components of
Computer-Aided Manufacturing Market are projected to be the leading segment of
the overall market during the forecast period
On the basis of Component, the Computer-Aided
Manufacturing market has been categorized into Solution and Services. Solution
segment will lead the market owing to its applications to easily integrated
with the designing tool which provides enhanced ability to adapt changes and
increase the efficiency of manufacturing processes. The services sector will
boom by its features like carry out tasks effectively which reducing the
overall time taken in the manufacturing of a product.
Cloud Deployment mode
of Computer-Aided Manufacturing Market is anticipated to be the dominating
segment of the overall market during the forecast period
On the basis of Deployment Mode, the global
Computer-Aided Manufacturing market has been categorized into Cloud and
On-Premises. Cloud
segment will lead the market due to its applications which enable organizations
to reduce the overall costs associated with the solution, IT infrastructure,
storage, and technical staff. On-Premise will boom by its features like offers
enterprises with total control over their enterprise-sensitive data, such as Security
of manufacturing operations.
The automotive industry
is projected to lead the industry for utilizing applications of the
Computer-Aided Manufacturing during the forecast period
On the basis of End-User Industry, the
Computer-Aided Manufacturing market has been segmented into Automotive,
Aerospace & Defense, High-Tech, Industrial Equipment, and Energy &
Utilities. By End-User Industry, Automotive will lead the market in the account
of its applications like technological innovations, latest machines, equipment,
and use of CAM solution have helped to reduce the production time significantly
and enhance the overall efficiency of manufacturing. Aerospace & Defense is
driven by its applications for quality and Validation of Digital Designs.
North America accounts
for the lion’s share of the global Computer-Aided Manufacturing market during
the anticipated period.
On the basis of region, the Computer-Aided
Manufacturing market has been segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. North America dominates the global
Computer-Aided Manufacturing market over the forecast period due to increased
adoption of cloud-based CAM solution for enhancing manufacturing process and
automating production The Asia Pacific will grow due to increasing adoption of
IoT in the manufacturing sector, implementation of Industry 4.0, and development
of new aerospace & defense projects.
Global Computer-Aided
Manufacturing Market Competitive Landscape
Companies such as Autodesk, Dassault
Systems, Hexagon, Siemens, 3D Systems, PTC, HCL, CNC Software, OPEN MIND
Technologies, DP Technology Corp., MecSoft, SolidCAM, NTT DATA ENGINEERING
SYSTEMS Corporation, BobCAD-CAM, ZWSOFT, and SmartCAMcnc are the key players in
the global Computer-Aided Manufacturing market.
Don’t miss the business opportunity of
Computer-Aided Manufacturing Market. Consult our analyst and gain crucial
insights and facilitate your business growth.
The in-depth analysis of the report
provides the growth potential, upcoming trends and statistics of Global
Computer-Aided Manufacturing Market size & forecast. The report promises to
provide state-of-the-art technology of Computer-Aided Manufacturing production
and industry insights which help decision makers to take sound strategic
decisions. Furthermore, the report also analyzes the market drivers and
challenges and competitive analysis of the market.
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