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Growing Incorporation of Additive Manufacturing Techniques (3D Printing) is Projected to Drive Growth in the CAM Software Market

12-05-2024 02:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

CAM (Computer-Aided Manufacturing) software market

CAM (Computer-Aided Manufacturing) software market

CAM (Computer-Aided Manufacturing) software market is expected to grow significantly at a CAGR of 7.7% throughout the forecast period (2024-2031). This growth forecast can be attributed to the shifting industrial manufacturing focus on incorporating advanced manufacturing capabilities such as additive manufacturing across the manufacturing workflow.

Get Free Sample link @ https://www.omrglobal.com/request-sample/cam-software-market

Additive manufacturing, which includes the ability to produce highly complex, customized, and lightweight parts with minimal material waste, is recorded to have been extensively expanding its usage footprint in industries such as automotive, food & beverage, and electronics & semiconductor industries. This expanding application is a result of evolving manufacturer requirements, which currently aim for more efficient, cost-effective, and personalized production techniques.

Further, these capabilities of additive manufacturing can ideally be put into implication by using CAM software that allows multi-material handling, hybrid manufacturing, and real-time feedback capabilities. Ultimately, these closely linked development trajectories of both solutions are expected d to benefit CAM software adoption for better utilization & optimization of additive manufacturing techniques.

Full report of CAM (Computer-Aided Manufacturing) Software Market available @ https://www.omrglobal.com/industry-reports/cam-software-market

Recent Developments

In September 2023, Mastercam introduced APlus by CAMufacturing Solutions, an add-on for additive manufacturing compatible with Mastercam Mill, Lathe, or Router licenses. APlus uses Direct Energy Deposition (DED) to offer specialized toolpaths for complex geometries and integrates perfectly with Mastercam, enabling users to program, simulate, and visualize both additive and machining processes.

In June 2023, Hexagon AB acquired software company CADS Additive GmbH, the provider of metal additive manufacturing. This acquisition integrates build preparation tools of CADS Additive with Simufact Additive and makes workflows much easier to enhance print quality through optimized orientation and support structures.

Market Coverage

· The market number available for - 2023-2031

· Base year- 2023

· Forecast period- 2024-2031

· Segment Covered-

o By Offerings

o By Application

o By Organization Type

o By Deployment

o By Capabilities

o By End-User Industry

· Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

· Competitive Landscape- Autodesk Inc., Dassault Systèmes S.E., Hexagon AB, Hypertherm, Inc., and Siemens AG, among others.

Key questions addressed by the report.

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global CAM (Computer-Aided Manufacturing) Software Market Report Segment

By Offerings

Software
Service

By Application

Product Design & Prototyping
Machining & Production
Quality Control & Inspection

By Organization Type

Small & Medium Enterprise (SMEs)
Large Enterprises

By Deployment

Cloud
On-Premises

By Capabilities

2D
3D
Multi-Axis

By End-User Industry

Oil & Gas
Automotive
Electronics & Semiconductors
Food & Beverage
Energy & Power
Pulp & Paper
Medical Devices & Pharmaceutical
Chemicals
Metals & Mining
Aerospace
Heavy Equipment


Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cam-software-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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