Computer Aided Manufacturing (CAM) Market Size, Share, Growth Analysis, By Component(Solution, Services), By Deployment Type(On-Premise deployment, Cloud deployment), By Application(Aerospace & Defense Industry, Shipbuilding Industry, Automobile & Train Industry, Machine Tool Industry), By Region - Industry Forecast 2024-2031

Computer Aided Manufacturing (CAM) Market Driver

Increasing use of CAM software in the packaging industry.

• The increased implementation of CAM software in packing machines is a major factor driving the growth of the CAM market. Packaging machinery aids in the completion of several stages of the packaging process, including filling, wrapping, strapping, and labeling. As packing machines become more complicated and efficient, engineers and designers are turning to CAM software to address specific mechatronic engineering difficulties.
• Computer-aided manufacturing software is an innovative solution that is supposed to boost production while decreasing total package costs. Furthermore, as designers streamline communication between electrical engineering controls and mechanical systems via CAM integrated product development solutions, the rise of smart packaging is predicted to boost the growth of the Computer-aided manufacturing market in packaging machinery.

Computer Aided Manufacturing (CAM) Market Restraint

Free and open-source computer aided manufacturing software are major restraints.

• Presence of numerous open-source and free computer-aided manufacturing software due to increasing competition in the market are the major restraints for the growth of the computer-aided manufacturing (CAM) market and will slow down the market growth during the analysis period.