Global Computer-Aided Manufacturing Strategic Industry Report 2024: Market to Reach $6.6 Billion by 2030 - Industrialization and Rapid Pace of Industrial Automation to Propel CAM Adoption

News provided by

Feb 19, 2024, 06:15 ET

DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Computer-Aided Manufacturing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Computer-Aided Manufacturing Market to Reach $6.6 Billion by 2030

The global market for Computer-Aided Manufacturing estimated at US$3.2 Billion in the year 2022, is projected to reach a revised size of US$6.6 Billion by 2030, growing at a CAGR of 9.6% over the analysis period 2022-2030.

Solutions, one of the segments analyzed in the report, is projected to record 9.3% CAGR and reach US$5.2 Billion by the end of the analysis period. Growth in the Services segment is estimated at 10.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 11.6% CAGR

The Computer-Aided Manufacturing market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$749.2 Million by the year 2030 trailing a CAGR of 11.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.8% and 9.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.6% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Impact of COVID-19 Pandemic and Looming Global Recession
2020 Marked as a Year of Disruption & Transformation
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Industrial Activity Remains Subdued Amidst the Pandemic
Global PMI Index Points for the Years 2018, 2019 & 2020
Computer-Aided Manufacturing - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
An Introduction to Computer-Aided Manufacturing (CAM)
Major Components of CAM
Advantages of CAM
CAD vs CAM
Major End-Use Industries of CAM
Global Market Prospects & Outlook
CAM Solutions & Cloud Deployment: Key Segments of Computer-Aided Manufacturing Market
Automotive Remains Major End-Use Industry Vertical
North America Commands Majority Stake in Computer-Aided Manufacturing Market
Competition
Popular CAD/CAM Tools
Noteworthy Startups in the Computer-Aided Manufacturing Space
World Brands
Recent Market Activity

MARKET TRENDS & DRIVERS

Myriad Benefits of Computer-Aided Manufacturing (CAM) to Boost Adoption in Varied Industries
Key Professions Using CAM
Industrialization and Rapid Pace of Industrial Automation to Propel CAM Adoption
COVID-19 Mandates Additional Automation Changes to Plant Floor & Factory Operations
CAM Systems Continue to Bring Forth Major Manufacturing Process Changes
Digitalization and the Future of Machining
Automation of Manufacturing Processes Using CAM Technology
CAM: A Critical Technology Enabling Innovations in Machine Tools
Industry 4.0 and Adoption of IoT in Manufacturing Sector to Drive Use of CAM Technology
Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
Significant Impact of IoT Impacts on Engineering Software Market
Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
Automobile Industry Emerges as a Key End-use Market for CAM
World Automobile Production in Million Units: 2008-2022
Aerospace & Defense Industry: Important Role of CAM in Creating High-Precision Components
Global Airlines Performance by Region: 2020 Vs 2019
Electronics Industry Extends Opportunities for the CAM Market
Supply Chain Disruptions Impact a Large Number of Electronic Manufacturers: % Share of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of May 2020
Global Electrical & Electronics Equipment Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
Medical Industry's Focus on Creating Advanced Equipment & Components To Fuel Need for CAM Solutions
CAD/CAM Technology Transforms Dentistry
CAD/CAM-based Digital Prosthetic Workflows Garner Notable Attention amid COVID-19 Pandemic
Growing Prominence of Digital Orthodontics Fuels Adoption of CAD/CAM Solutions
Strong Opportunities in Orthopedic Implant Manufacturing over the Long Term
CAM to become Critical for Construction Design
CAM Software Market to Make Robust Gains
Rising Adoption of 3D Printing Augurs Well for the Market
Adoption of Cloud-based CAM Solutions Continues to Gain Strength
Technology Innovations in CAM Technology to Expand Market Opportunities
CAD/CAM to be the Future for SMEs
Major Drawbacks of CAM Technology Challenges Market Adoption
Concerns Hindering Optimization of CAD and CAM Technologies: Possible Solutions

FOCUS ON SELECT PLAYERS (Total 51 Featured)

BenQ Corporation
3D Systems Inc. (USA)
Creaform, Inc.
Hexagon AB
CAXA Technology Co., Ltd.
CNC Software, Inc.
exocad GmbH
Alma
Bocad Group of Companies
Custom Automated Prosthetics
Cutting Edge Water Jet Service
Diamondsmith
Kelyniam Global
Innova Systems UK Ltd.
Graebert GmbH

For more information about this report visit https://www.researchandmarkets.com/r/ikn1xg

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets