CAM Software Market By Model (2D, 3D), By Organization Size (SME, Large Enterprises), By Pricing Model (One Time Payment), By Integration (Standalone, Plug-in, Dual Capacity), By Vertical ( Railways, Automotive, Healthcare, IT & Telecom, Power & Energy, Aerospace & Defense, Government & Public Sector, Marine, Industrial Machinery & Others) - Global Opportunity Analysis & Industry Forecast, 2021-2026

Report Code: ITR 22879 Report Format: PDF + Excel

CAM Software Market Overview

CAM Software Market Size is forecast to reach $3.3 billion by 2026, at a CAGR of 6.5% during 2021-2026. North America held the largest market share of 30.7% in 2020 from overall global CAM Software Market. Growth in this region is attributed to the ever increasing demand from various industry verticals including Manufacturing, Automotive, Aerospace and Defense and others. Moreover, this region is witnessing a significant growth of around 5.89% during the forecast period 2021 – 2026. Surge in demand for CAM software to facilitate and automate the manufacturing processes, has significantly boosted the market growth. In November 2020, Battery Ventures agreed to acquire GibbsCAM and Cimatron software business. Through this acquisition the company will bring CAM innovator in fabrication, toolmacking and production machining industries.

Report Coverage

The report: “CAM Software Market Report– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the CAM Software market
By Model: 2D, 3D.
By Organization Size: SME, Large Enterprises.
By Pricing Model: One Time Payment.
By Integration: Standalone, Plug-in, Dual Capacity.
By Vertical: Railways, Automotive, Healthcare, IT and Telecom, Power and Energy, Aerospace and Defense, Government and Public Sector, Marine, Industrial Machinery and Others.
By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Australia and Others), South America(Brazil, Argentina and others), and RoW (Middle East and Africa).

Key Takeaways

  • Enterprises are adopting SaaS which is enabling redeployment of their software tools and data. Surge in use of CAM software as it provides improved product quality has considerably proven to be effective in sharing of design information.
  • With the use of CAM software machinery can turn raw material into finished products and helps in making a product by generating tool paths. 
  • To automate the manufacturing process CAM uses software and computer controlled machinery through which machine can produce parts easily.


Global CAM Software Market, By Region, 2020
Global CAM Software Market
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CAM Software Market Segment Analysis - By Rotor Type

The CAM software is segmented into two types by model, of which the 3D CAM software such as solid modeling, surface modeling, sculpting and others has the widest variety of applications and held the largest market share estimated to around 73.1% in 2020. Covid-19 has significantly impacted the manufacturing sector, thereby resulting in the higher adoption of automation in 2020, boosting the CAM software usage as they handle large assemblies. In July 2020, Honeywell has stated that more than half of U.S. companies are increasingly opting to invest in automation to survive changing market conditions brought by the COVID-19 pandemic. In October 2020, a developer of sensor, software and autonomous solution Hexagon AB signed an agreement to acquire DP Technology Corporation. Through this acquisition Hexagon is about to bring high performance CNC machine programming, optimization and simulation for precision manufacturing applications. This technology will provide machine operators with greater assurance through AI based algorithms and eliminating manual data input.

CAM Software Market Segment Analysis - By Vertical 

Among all the other end user industries, the CAM Software Market was dominated by Automotive vertical as they held the largest market share of around 23.63% in 2020. Additionally, the Healthcare sector is witnessing a significant growth rate estimated to around a CAGR of 1.32% during the forecast period 2021 – 2026. The CAM software technology is segmented into three types by integration, of which the standalone has the widest variety of applications and held the largest market share estimated to around 74.08% in 2020. In December 2019, the state of Virginia has announced plans to acquire a 360 km of railway from Class I railroad CSX Corp for $5·6bn. This deal is mainly aimed at the expansion of the rail network in the Virginia area. In the railway networks CAM is used to generate the CNC code and CNC machine performs all the machining as the train part work piece is installed on a machine that does not require a high degree of accuracy for its extrusion. Such initiatives will create more opportunities for CAM Software Market during the forecast period 2021 – 2026.

CAM Software Market Segment Analysis - By Geography 

CAM Software market in Asia-Pacific region held significant market share of 40.5% in 2020. U.S is predicted to dominate the global CAM software market during the forecast period due to the region's large presence of distributors and resellers selling CAM software. Leading market vendors are introducing advanced CAM software which support stand alone as well as plug in type for Windows and MAC operating systems to address end user needs. The increased adoption rate of industrial robotics in the United States region is driving growth in this region, and CAM adoption has multiplied in the recent past. With the introduction of industrial robots, CAM has aided in the improvement of robotics efficiency. Shifting towards automated production, an established ecosystem for manufacturing practises, and continuous R&D investments by manufacturers to drive innovation into their manufacturing processes are key factors driving growth in this region. The rising cost of labour in the United States has compelled manufacturers to use automation to reduce expenses. The risks associated with human labour are also significantly decreased with the use of CAM software.

CAM Software Market Drivers 

Surge in application of CAM software in the industry verticals and adoption of Cloud

The surge in industrialization have resulted in the adoption of CAM software for precision and cost effective designing purposes. In May 2019, GM announced plans to invest $170M in Oshawa plant in Canada, thereby leading to transition the facility from manufacturing vehicles to stamping, sub-assembly and autonomous vehicle testing. CAM software performs engineering analysis and computer numerical control code generation using 3D part modeling along with handling large assemblies. Many organizations, particularly manufacturing companies, are now taking advantage of the emerging cloud and Internet of Things ( IoT) developments to make their operations operate leaner and increase sales. IoT apps are crucial to delivering updates in real time, including shipment and storage status, repair and proactive maintenance warnings, and details from the supply chain. With the CAM software the manufacturers are finding end-to-end digital thread running through the manufacturing process. The replacement of aging aircrafts with the new ones along with the demand for commercial aircrafts are the reasons due to which the major airlines are expanding globally. The newer aircrafts are equipped with latest techniques as the aircraft manufacturers are investing heavily in new computer systems. Computer aided design (CAD) and computer aided manufacturing (CAM) makes airplane design easier.

Increased Use of CAM Software for Industrial Machinery

CAM software is very useful in manufacturing, planning and control of products as it makes effective use of computer technology. Computer aided software (CAM) saves time, labor and cost by bringing automation through real time control and robotics in production processes. In recent years CAM software is facing steady growth owing to its various applications such as numerical control, computer numerical control, industrial robots, design of dies and molds for casting, design of tools and fixtures and EDM electrodes and quality control and inspection in manufacturing plants. CAM software is finding huge application in the packaging machinery as these machinery are becoming increasing complex with higher efficiency demand. This software packages provides ability to produce parts faster and provides feedback and update the CAD models. CAM software is adopted as a powerful software for advanced manufacturing tools. The increased demand for packaged foods, continuous production of machines and drugs and increasing spending on branded products have aided the growth of lean packaging operations which in turn have driven the growth of CAM software. Some of the major key players of packaging technology such as Krones, Robert Bosch, Coesia and others are focusing on the production of the smart and innovative machinery to provide enhanced services with optimum safety due to which CAM software is highly used in the designing processes.

CAM Software Market Challenges

Cost Related Issues

Considerable amount of PC processing power is required for CAM software which ultimately involves high quality components that have high cost which is a major hurdle to the broader usage of CAM technological innovation. Although the CAM software is becoming more versatile and convenient, the complexness of the application makes it more difficult for the first time users to learn it. In the manufacturing sector CNC machinery is widely used where pre-programmed computer software (CAM) is used to control the machining tools as it uses numerical code. It carriers out variety of applications such as routing, milling, punching, turning and lathing. Although the CNC machining is used in the supply chain process and adopted as a standard machinery it requires greater initial investment than machines that can be operated manually due to which it is very expensive. Most of the students rarely adopt manual machine operators as a skill which is leading to the complete loss of long preserved skills. In addition the investment in CNC machines can lead to the chances of unemployment. Many of the countries do not give proper training of manually operated lathers. In case of any damage highly skilled professional is required to solve the damage or error problem. Regular inspection with a highly skilled person is required for the maintenance and error less results.

CAM Software Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the CAM Software market. CAM Software top 10 companies include Autodesk, Siemens, Dassault Systemes, CNC Software, BobCAD-CAM, Cimatron, Hexagon, HCL Technologies, GRZ Software, Open Mind Technologies among others.

Acquisitions/Product Launches

  • In January 2021, Open Mind Technologies Benelux BV acquired CNC-Consult & Automation BV, the company is set to work as usual with out any modification.
  • In November 2020, Cimatron and GibbCAM were acquired by Battery venture L.p from 3D Systems Corporation. The acquisition aimed to join Cimatron and GibbsCAM with Battery-backed SigmaTEK Systems, a CAD/CAM software provider to offer a diverse set of design and machining software solutions.

Relevant Report Titles:

Report Code; ITR 36275

Report Code: HCR 0678

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1. CAM Software Market - Market Overview
    1.1 Definitions and Scope
2. CAM Software Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Model
    2.3 Key trends segmented by geography
3. CAM Software Market– Industry Landscape
    3.1 Comparative Analysis
        3.1.1 product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis 
        3.1.5 Pricing Analysis
4. CAM Software Market - Startup companies Scenario Premium (Premium)
    4.1 Top 10 startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. CAM Software Market - Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top 10 companies
6. CAM Software Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
7. CAM Software Market - By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Cain Analysis
    7.2 Opportunities Analysis 
    7.3 Product Life Cycle/Market Life Cycle Analysis
    7.4 Supplier/Distributor Analysis
8 CAM Software Market – By Model (Market Size -$Million/Billion)
    8.1 2D
    8.2 3D
9 CAM Software Market – By Integration (Market Size -$Million/Billion)
    9.1 Standalone
    9.2 Plug-in
    9.3 Dual Capacity
10. CAM Software Market – By Pricing Model (Market Size -$Million/Billion)
    10.1 One Time Payment
    10.2 Subscription
11. CAM Software Market – By End User (Market Size -$Million/Billion)
    11.1 Railways
    11.2 Automotive
    11.3 Healthcare
    11.4 IT and Telecom
    11.5 Power and Energy
    11.6 Aerospace and Defense
    11.7 Government and Public Sector
    11.8 Marine
    11.9 Industrial Machinery
    11.10 Others
12. CAM Software Market – By Organization Size (Market Size -$Million/Billion)
    12.1 SME
    12.2 Large Enterprises
13. CAM Software Market – By Geography
    13.1 North America
        13.1.1 U.S
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 U.K
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 Netherlands
        13.2.6 Belgium
        13.2.7 Spain
        13.2.8 Russia
        13.2.9 Others
    13.3 APAC
        13.3.1 China
        13.3.2 India
        13.3.3 Japan
        13.3.4 South Korea
        13.3.5 Indonesia
        13.3.6 Malaysia
        13.3.7 Australia & New Zealand
        13.3.8 Others
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Chile
        13.4.4 Others
    13.5 ROW
        13.5.1 Middle East
        13.5.2 Africa
14. CAM Software Market – Entropy
15. CAM Software Market – Industry / Segment Competition landscape Premium (Premium)
    15.1 Market Share Analysis
        15.1.1 Market Share by Region- Top 10 companies
        15.1.2 Market Share By Model of Industry vertical – Top 10 companies
        15.1.3 Market Share By Model of component- Top 10 companies
        15.1.4 Market Share at global level- Top 10 companies
        15.1.5 Best Practices for companies
16. CAM Software Market – Key Company List by Country Premium (Premium)
17. CAM Software Market -Company Analysis
    17.1 Autodesk
    17.2 Hexagon AB
    17.3 Dassault Systemes
    17.4 Siemens
    17.5 PTC
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10
"*Financials would be provided on a best efforts basis for private companies"
18. CAM Software Market –Appendix (premium)
    18.1 Abbreviations Sources
    18.2 Sources
19. CAM Software Market -Methodology Premium (premium)
    19.1 Research Methodology
        19.1.1 Company Expert Interviews
        19.1.2 Industry Databases
        19.1.3 Associations
        19.1.4 Company News
        19.1.5 Company Annual Reports
        19.1.6 Application Trends
        19.1.7 New Products and Product Database
        19.1.8 Company Transcripts
        19.1.9 R&D Trends
        19.1.10 Key Opinion Leaders Interviews
        19.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Cam Software Market, By Design Type Market 2019-2024 ($M)
1.1 2D Market 2019-2024 ($M) - Global Industry Research
1.2 3D Market 2019-2024 ($M) - Global Industry Research
2.Global Cam Software Market, By Design Type Market 2019-2024 (Volume/Units)
2.1 2D Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 3D Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Cam Software Market, By Design Type Market 2019-2024 ($M)
3.1 2D Market 2019-2024 ($M) - Regional Industry Research
3.2 3D Market 2019-2024 ($M) - Regional Industry Research
4.South America Cam Software Market, By Design Type Market 2019-2024 ($M)
4.1 2D Market 2019-2024 ($M) - Regional Industry Research
4.2 3D Market 2019-2024 ($M) - Regional Industry Research
5.Europe Cam Software Market, By Design Type Market 2019-2024 ($M)
5.1 2D Market 2019-2024 ($M) - Regional Industry Research
5.2 3D Market 2019-2024 ($M) - Regional Industry Research
6.APAC Cam Software Market, By Design Type Market 2019-2024 ($M)
6.1 2D Market 2019-2024 ($M) - Regional Industry Research
6.2 3D Market 2019-2024 ($M) - Regional Industry Research
7.MENA Cam Software Market, By Design Type Market 2019-2024 ($M)
7.1 2D Market 2019-2024 ($M) - Regional Industry Research
7.2 3D Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US CAM Software Market Revenue, 2019-2024 ($M)
2.Canada CAM Software Market Revenue, 2019-2024 ($M)
3.Mexico CAM Software Market Revenue, 2019-2024 ($M)
4.Brazil CAM Software Market Revenue, 2019-2024 ($M)
5.Argentina CAM Software Market Revenue, 2019-2024 ($M)
6.Peru CAM Software Market Revenue, 2019-2024 ($M)
7.Colombia CAM Software Market Revenue, 2019-2024 ($M)
8.Chile CAM Software Market Revenue, 2019-2024 ($M)
9.Rest of South America CAM Software Market Revenue, 2019-2024 ($M)
10.UK CAM Software Market Revenue, 2019-2024 ($M)
11.Germany CAM Software Market Revenue, 2019-2024 ($M)
12.France CAM Software Market Revenue, 2019-2024 ($M)
13.Italy CAM Software Market Revenue, 2019-2024 ($M)
14.Spain CAM Software Market Revenue, 2019-2024 ($M)
15.Rest of Europe CAM Software Market Revenue, 2019-2024 ($M)
16.China CAM Software Market Revenue, 2019-2024 ($M)
17.India CAM Software Market Revenue, 2019-2024 ($M)
18.Japan CAM Software Market Revenue, 2019-2024 ($M)
19.South Korea CAM Software Market Revenue, 2019-2024 ($M)
20.South Africa CAM Software Market Revenue, 2019-2024 ($M)
21.North America CAM Software By Application
22.South America CAM Software By Application
23.Europe CAM Software By Application
24.APAC CAM Software By Application
25.MENA CAM Software By Application
26.3D System Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Autodesk, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Bobcad-Cam, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Camnetics, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Cnc Software, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Dassault Systmes Se, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Grz Software Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Mecsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Siemens Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Solidcam Gmbh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Vero Software, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Zwcad Software Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)