Wednesday, January 5, 2011

Global Computer Aided Manufacturing (CAM) Applications Market 2009-2013

Global Computer Aided Manufacturing (CAM) Applications Market 2009-2013

Over the previous decade, the Computer Aided Manufacturing (CAM) Applications market has seen a consistent year on year growth, and despite the recession, the investments continued till early 2008. A slowdown in investments in the last quarter of 2008, and in 2009 was observed due to the prevailing global economic conditions. As a result, many customers reduced, deferred or canceled their investments in the CAM applications. In addition, they reduced or terminated ongoing paid maintenance for their installed base, which negatively impacted the company’s recurring revenue. However, a rapid recovery in the CAM applications market is expected during 2010, as the companies are likely to recover from the recession and invest in solutions that provide them sustainable business advantage and profitability.
As the application areas of CAM are increasing, so is the requirement of specialized tools and niche
technology providers. Moreover, big players such as Siemens, Dassault Systems, Ansys, etc., are acquiring/partnering with the niche companies to introduce specialized products and services. Also, a trend towards consolidation in the engineering applications industry is clearly evident from the developments, acquisitions and outsourcing activities that have taken place in the past two
years.
The report by TechNavio Insights forecasts the market size of the Global Computer Aided Manufacturing (CAM) Applications market over the period 2009-2013. Further, the report discusses about the segmentation of the Global Computer Aided Manufacturing (CAM) Applications into various geographic regions. It also discusses the major market trends, drivers, and challenges existing in this market and profiles some of the key vendors in this market.
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