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The Latin America, Middle East and Africa Computer-Aided Manufacturing Software Market would witness market growth of 9.4% CAGR during the forecast period (2018-2024). With the continuous fall of computer prices and improving processing power, the use of CADCAM expanded to both large and small sized firms using same for mass production. The scope of operations significantly broadened with technology adoption. The areas of applications span from stamping, drilling, milling, and grinding, to producing consumer electronics, electronic components, molded plastics, and a host of other products.
Based on the Design Type, the Computer-aided Manufacturing market is segmented into 2D and 3D. The Applications highlighted in this report include Machine Tool Industry, Automobile & Train Industry, Aerospace & Defense Industry, Shipbuilding Industry and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Autodesk Inc., Siemens AG (SIEMENS PLM Software, Inc.), Bricsys NV, CAXA TECHNOLOGY CO., LTD., Dassault Systemes, Schott Systeme GmbH, PTC, Inc., CNC Software, Inc. (Mastercam), ZWCAD Software Co., Ltd. and 3D Systems (Cimatron Group).