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

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 sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess 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 Recession2020 Marked as a Year of Disruption & TransformationWorld Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022Industrial Activity Remains Subdued Amidst the PandemicGlobal PMI Index Points for the Years 2018, 2019 & 2020Computer-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 CAMAdvantages of CAMCAD vs CAMMajor End-Use Industries of CAMGlobal Market Prospects & OutlookCAM Solutions & Cloud Deployment: Key Segments of Computer-Aided Manufacturing MarketAutomotive Remains Major End-Use Industry VerticalNorth America Commands Majority Stake in Computer-Aided Manufacturing MarketCompetitionPopular CAD/CAM ToolsNoteworthy Startups in the Computer-Aided Manufacturing SpaceWorld BrandsRecent Market Activity

 MARKET TRENDS & DRIVERS

Myriad Benefits of Computer-Aided Manufacturing (CAM) to Boost Adoption in Varied IndustriesKey Professions Using CAMIndustrialization and Rapid Pace of Industrial Automation to Propel CAM AdoptionCOVID-19 Mandates Additional Automation Changes to Plant Floor & Factory OperationsCAM Systems Continue to Bring Forth Major Manufacturing Process ChangesDigitalization and the Future of MachiningAutomation of Manufacturing Processes Using CAM TechnologyCAM: A Critical Technology Enabling Innovations in Machine ToolsIndustry 4.0 and Adoption of IoT in Manufacturing Sector to Drive Use of CAM TechnologyMajor 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 2020Significant Impact of IoT Impacts on Engineering Software MarketGlobal Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025Automobile Industry Emerges as a Key End-use Market for CAMWorld Automobile Production in Million Units: 2008-2022Aerospace & Defense Industry: Important Role of CAM in Creating High-Precision ComponentsGlobal Airlines Performance by Region: 2020 Vs 2019Electronics Industry Extends Opportunities for the CAM MarketSupply 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 2020Global Electrical & Electronics Equipment Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025Medical Industry’s Focus on Creating Advanced Equipment & Components To Fuel Need for CAM SolutionsCAD/CAM Technology Transforms DentistryCAD/CAM-based Digital Prosthetic Workflows Garner Notable Attention amid COVID-19 PandemicGrowing Prominence of Digital Orthodontics Fuels Adoption of CAD/CAM SolutionsStrong Opportunities in Orthopedic Implant Manufacturing over the Long TermCAM to become Critical for Construction DesignCAM Software Market to Make Robust GainsRising Adoption of 3D Printing Augurs Well for the MarketAdoption of Cloud-based CAM Solutions Continues to Gain StrengthTechnology Innovations in CAM Technology to Expand Market OpportunitiesCAD/CAM to be the Future for SMEsMajor Drawbacks of CAM Technology Challenges Market AdoptionConcerns Hindering Optimization of CAD and CAM Technologies: Possible Solutions

FOCUS ON SELECT PLAYERS (Total 51 Featured)

BenQ Corporation3D Systems Inc. (USA)Creaform, Inc.Hexagon ABCAXA Technology Co., Ltd.CNC Software, Inc.exocad GmbHAlmaBocad Group of CompaniesCustom Automated ProstheticsCutting Edge Water Jet ServiceDiamondsmithKelyniam GlobalInnova Systems UK Ltd.Graebert GmbH

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

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