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According to a new report, published by KBV research, the Global Computer Aided Manufacturing Software Market size is expected to reach $3.1 billion by 2024, rising at a market growth of 6.9% CAGR during the forecast period.
The North America market dominated the Global Computer aided Manufacturing 2D Software Market by Region in 2017, and would continue to be a dominant market till 2024; growing at a CAGR of 5.1 % during the forecast period. The Europe market is expected to witness a CAGR of 5.2% during (2018 - 2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 7.2% during (2018 - 2024).
The Machine Tool Industry market dominated the Global Computer aided Manufacturing Software Market by Application in 2017, growing at a CAGR of 6.2 % during the forecast period. The Automobile & Train Industry market is expected to witness a CAGR of 6.7% during (2018 - 2024). Additionally, The Aerospace & Defense Industry market is expected to witness highest CAGR of 7.8% during (2018 - 2024).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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).
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