Description

TechNavio Announces the Publication of its Report - Global Computer-aided Manufacturing (CAM) Applications Market 2011–2015

TechNavio today launched its report Global Computer-aided Manufacturing (CAM) Applications Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and the APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.

Commenting on the report, an analyst from TechNavio’s Engineering team said; “The Global CAM Applications market is witnessing an emerging trend where many vendors are developing cloud-based CAM solutions to meet the end-users’ demands.”

According to the report, one of the main drivers in this market is the need for enhanced part-production visualization. Customers are insisting on products with micron-level accuracy in minimal time, thereby forcing companies across the industries to adopt CAM solutions. Moreover, the increased adoption of high-speed machines is another factor that is contributing to the growth of the market.

Further, the report also discusses that increasing availability of open-source and pirated CAM software solutions pose a threat to the commercial CAM solution vendors.

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 players.

TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit www.technavio.com

Follow us on Twitter @ Technavio

Scope

The Global CAM Applications market is expeted to grow at a CAGR of 6.54% from 2011-2015. One of the key factors contributing to this market growth is the need for enhanced part-production visualization. The Global CAM Applications market has also been wit