ReleaseWire

CAM Software Market Escalates with Notable Growth

Increase in investment of R&D activities in the CAM market is expected to boost the market growth.

Posted: Friday, July 06, 2018 at 6:36 PM CDT

Portland, OR -- (SBWire) -- 07/06/2018 --Computer Aided Manufacturing (CAM) is a software tool that assists engineers, architects, and other professionals to design and manufacture objects. Computer Numerical Control (CNC) machine is one such example of CAM software used for design and manufacturing purpose.

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Further, introduction of 5-axis CAM software tools to enhance production is also anticipated to fuel the market. However, lack of skilled labor is expected to hinder the growth of the market. Moreover, 4D technology and shift from proprietary software to cloud-based subscription are major opportunities of the CAM software market.

Cam Software Market Key Segments:
By Design Type
2-D
3-D

By Application
Aerospace & Defense Industry
Shipbuilding Industry
Automobile & Train Industry
Machine Tool Industry
Others

By Type
Mono Functional
Multi-Functional
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Players

Autodesk
Mastercam
SolidCAM
EdgeCAM
ZWSoft
GRZ Software
Bobcad
Cimatron Group
Camnetics, Inc.
MecSoft