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Machine Tool Industry Sector to Rake in $1,018 for CAM Industry by 2025 - Allied Market Research

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Allied Market Research

06 Nov, 2018, 11:30 GMT

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PORTLAND, Oregon, November 6, 2018 /PRNewswire/ --

Allied Market Research published a new report, titled, Global CAM Software Market. According to the report, the global CAM software market was worth $2.092 billion in 2017 and is projected to reach $3.572 billion by 2025, registering a CAGR of 7.00% from 2018 to 2025. Increase in the use of CAM software in the packaging industry and introduction of 5-axis CAM software tools to enhance production are the key factors boosting the market growth. Nonetheless, easy availability of open-source CAM software could impede the growth of the market. In the coming years, the advent of 4D technology and shift from proprietary software to cloud-based subscription services would provide lucrative opportunities to the market players.

     (Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg )

The report presents an in-depth analysis of the global CAM software industry including the current trends and estimations to gauge the market potential. Furthermore, the impact of drivers, restraints, and opportunities on the market size has been comprehensively analyzed in the study. In addition, a cross-sectional analysis of the industry on the basis of design, application, and geography has been provided to gain a holistic view of the global market.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2906

Design types 

The design types analyzed in the report include 2D and 3D. The 3D design segment is expected to show remarkable potential for stakeholders, as it is expected to grow at 5.00% CAGR during 2018-2025. Increase in demand for 3D printing using CAM software is expected to be the key driving factor of this application in the CAM industry.

Key consumers of CAM software 

The end user industries discussed in the study include aerospace & defense, shipbuilding, automobile & train, machine tool, and others. The machine tool industry segment is expected to garner the highest revenue by 2025. Whereas, the aerospace and defense segment is projected to grow at the fastest CAGR during the forecast period to reach $790 million by 2025. The automobile and train industry segment is expected to witness a two-fold increase in revenue by the end of the study period, registering a CAGR of 7.10%

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2906

Lucrative market regions for CAM software industry

The report presents a country-level, cross-sectional analysis of the CAM software segments across North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). As per the study, the Asia-Pacific region is expected to dominate the global market by 2025 by registering a two-fold increase in revenue to reach $1,260 million. The CAM software market in China is expected to be the forerunner of the Asia-Pacific industry.

Torchbearers of the industry 

The prominent players studied in the CAM software market report include Autodesk Inc., Mastercam, SolidCAM Ltd., EdgeCAM, ZWCAD Software Co., Ltd., GRZ Software, BobCAD-CAM, Inc., Cimatron Group, Camnetics, Inc., MecSoft Corporation, Dassault Systèmes, and Siemens Product Lifecycle Management Software Inc.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas. 

Purchase an enterprise user license and get 1 month complimentary access to our Knowledge Tree subscription. Offer valid till 15th November 2018. (*Terms and Conditions apply)

Get subscription: https://www.alliedmarketresearch.com/checkout/26210 

Similar Reports: 

Big Data Analytics in Manufacturing Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

Content Delivery Network Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

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