TechNavio recognizes the following companies as the key players in the CAM Market in North America: Dassault Systèmes S.A., Delcam plc, PTC, and Siemens PLM Software Inc.
Commenting on the report, an analyst from TechNavio’s team said: “CAM solutions have many more applications in addition to those in the Engineering industry. They are also used by industries such as Woodworking, Jewelry, and Healthcare. CAM solutions are used in the Woodworking industry to make furniture and complex wood-related artwork with precision. The Jewelry industry has started adopting CAM solutions to develop complex designer jewelry with ease and flexibility. With the increase in globalization, there is an increase in the competition among CAM solutions vendors to attain as much market share as they can. This has driven several vendors to develop application-specific CAM solutions. Thus, vendors are developing solutions specific to applications such as footwear design and ceramic manufacture, for plastics and tires, and in dental applications.”
According to the report, one of the major drivers in the market is the need for the production of precise parts. CAM software solutions are widely used for enhanced part production and visualization.
Further, the report states that one of the major challenges in the market is the threat from open-source and pirated CAM software. A number of CAM solutions vendors, especially Dassault Systèmes and Siemens, are facing a challenge from pirated software.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/cam-market-north-america-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -CAM Market in North America 2012-2016
