Increase in investment of R&D activities in the CAM market is expected to boost the market growth.
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.
The CAM software market is segmented on the basis of design type, application, type, and geography. Based on the launch type, the market is bifurcated into 2-D and 3-D.
By application, the market is divided into aerospace & defense industry, shipbuilding industry, automobile & train industry, machine tool industry, and others. By type, the market is classified into mono functional and multi-functional.
By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Autodesk, Mastercam, SolidCAM, EdgeCAM, ZWSoft, GRZ Software, Bobcad, Cimatron Group, Camnetics, Inc., and MecSoft are some of the major key players profiled in the report.
Cam Software Market Key Segments: By Design Type
- Aerospace & Defense Industry
- Shipbuilding Industry
- Automobile & Train Industry
- Machine Tool Industry
- Mono Functional
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East
- GRZ Software
- Cimatron Group
- Camnetics, Inc.
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