CIMdata releases 2019 CIMdata CAM Market Analysis Report

June 7, 2019 – CIMdata, a global PLM strategic management consulting and research firm, announced the release of the 2019 CIMdata CAM Market Analysis Report (MAR), the 27th annual study of the global Computer-Aided Machining (CAM) market.
CIMdata estimates that based on end-user payments, the worldwide CAM software and related services market grew by 8.8% in calendar year 2018. The estimated end-user payments grew from $2.1 billion in 2017 to nearly $2.3 billion in 2018. According to Mr. Stan Przybylinski, CIMdata's Vice President, "The CAM results were very strong in 2018, above the top end of its historical range of 5 to 7% growth. There has been stronger growth in machine tools in the last 12 to 18 months which could be helping to drive investments in new CAM software." CIMdata projects that in 2019 growth in manufacturing will continue and end-user payments for CAM software will increase by 8.1% to nearly $2.5 billion.
Since 2002, the CAM software market has shown modest but steady growth as global economies generally improved. There has been worldwide growth in the sale of machine tools and manufacturing output; greater emphasis has been placed on the efficient operation of machine tools as manufacturing firms have strengthened their competitive positions; and the overall PLM (Product Lifecycle Management) market, of which CAM software is a component, has continued on a strong growth path during this period. CAM software purchases are related to all of these factors-particularly machine tool sales.
The size and growth of the CAM software and related services market based on end-user payments is shown in the chart below. It can also be seen that approximately one-third of the end-user payments are reseller revenues and approximately two-thirds of the revenues are payments made directly to software suppliers.
CAM software and related services market based on end-user payments
The 2019 version of the CAM MAR is a 116-page report containing 22 charts and 39 tables of data detailing the worldwide CAM market along a number of dimensions. It also includes a discussion of trends in the CAM industry and updates on the top CAM solution providers. The

Check out our free e-newsletters
to read more great articles.
MORE RESOURCES
-
ODVA announces enhancements to EtherNet/IP Specification
The published enhancements to The EtherNet/IP Specification outline integration of NAMUR NE 107 diagnostics for process automation into CIP...
-
IDTechEx Report: Autonomous cars could accout for 4 trillion miles of road travel by 2040
IDTechEx has recently seen competitors joining hands and forming some unlikely-sounding alliances to reduce the cost of autonomous driving...
-
Phoenix Contact releases firmware 2.05.1 for TC Router product range
The TC Router permits remote access to SCADA networks and control systems over the cellular network. Since these networks typically involve...
-
VDMA OPC Machine Vision Initiative and OPC UA Foundation announce OPC UA demonstrator
As part of a joint project, members of the VDMA OPC Machine Vision Initiative together with the OPC UA Foundation, have developed a hardware...
-
Interact Analysis releases The Low Voltage AC Motor Drives Market – 2019 report
The research shows that growth in the intralogistics and materials handling sector has led to increased demand for decentralised and motor mounted...
RELATED
-
Augmented Intelligence
By Mark Howard, EU Automation
Augmented intelligence is one of the few technologies named on the Gartner Hype Cycle for Emerging Technologies,... -
Seeq announces achievement of Amazon Web Services (AWS) Industrial Software Competency status
To receive the AWS Industrial Software Competency designation, APN Partners undergo rigorous AWS technical validation related to industry specific...
-
Pepperl+Fuchs Comtrol and Callisto Integration announce strategic partnership
Pepperl+Fuchs Comtrol and Callisto work with each manufacturing customer to deliver initial solutions that have tangible results, and then collect...
-
ST Robotics providing hands-on robotics training to university students
More than 30 other educational institutions have benefited from ST Robotics’ systems. These include: MIT, Cambridge University, Ecole Nationale...
-
Arena Solutions announces strategic partnership with PRG
This deepened strategic partnership expands PRG’s services for Arena customers that desire assistance or simply have limited internal resources....