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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
Tuesday, February 27, 2024

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

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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.


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Research and Markets
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SOURCE Research and Markets



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