Market Overview:
The global computer numerical control software market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for computer numerical control (CNC) machines across various industries, such as automotive, aerospace & defense, and metalworking. Additionally, the growing trend of Industry 4.0 is also contributing significantly to the growth of this market. On the basis of type, CAD software held a major share of the global computer numerical control software market in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its ability to help users create 3D models that can be used for manufacturing products with precision and accuracy.
Product Definition:
Computer Numerical Control Software is used to control the movement of tools and machinery using numerical commands. This software is important because it allows machines to be operated more efficiently and with greater accuracy.
CAD Software:
CAD software, also known as Computer Numerical Control (CNC) is used for designing and editing tools in the manufacturing sector. It offers a high degree of accuracy, reliability and efficiency during the machining process. The CAD software has gained popularity among small & medium enterprises due to its low cost as compared to other CNC Software solutions available in the market today.
The global CAD software market size was valued at USD 1,19 billion in 2015.
CAM Software:
CAM software is used in Computer Numerical Control (CNC) systems to provide a program that controls the machine tool and helps to produce an output. CAM software is used for controlling the machines, which are engaged in manufacturing processes of three dimensional objects by using coordinate measuring methods. The major applications of CNC include metal cutting, machining of wood or plastic materials, and engraving on products such as aluminum cans or glass bottles.
Application Insights:
The other application segment includes construction, aerospace and defense, marine and others. Other applications of NC software include factories, laboratories, and other places where precision is required. The use of numerical control machines in the manufacturing sector has increased significantly over the past decade as they offer benefits such as high-precision machining with less scrap material due to automated machine monitoring systems.
NC software for designing & building laboratories offers a flexible design environment that allows users to create complex shapes by assembling simple components through 2D or 3D solid modeling techniques along with advanced mechanical engineering tools including force/torque sensors for measuring forces acting on parts during assembly or disassembly processes. This technology also enables real-time monitoring of experimental designs which provides an advantage in laboratory automation over traditional manual techniques since it requires lower human intervention leading to higher system reliability.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in manufacturing facilities of various industries, such as aerospace & defense, automotive, consumer electronics and medical devices. In addition, rising demand for CNC machines from small and medium enterprises is anticipated to fuel regional growth during the forecast period.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to growing industrialization across emerging economies including China and India. Furthermore, favorable government policies promoting domestic manufacturing are estimated to drive CAM software adoption over the next eight years in this region.
Growth Factors:
- Increasing demand for automation in manufacturing sector
- Rising adoption of CNC machines in small and medium enterprises
- Growing popularity of 3D printing technology
- Proliferation of internet of things (IoT) and big data analytics
- Emergence of Industry 4.0
Scope Of The Report
Report Attributes
Report Details
Report Title
Computer Numerical Control Software Market Research Report
By Type
CAD Software, CAM Software
By Application
Factory, Laboratory, Other
By Companies
Hypertherm, Renishaw, SigmaTEK Systems, D Engineering, Ability Systems Corporation, Automated Micro Technology, Bantam Tools, BobCAD-CAM, CAMplete Solutions, CamSoft Corporation, CAMSolutions, CGTech, Cimtech, Gravotech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Computer Numerical Control Software Market Report Segments:
The global Computer Numerical Control Software market is segmented on the basis of:
Types
CAD Software, CAM Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Factory, Laboratory, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hypertherm
- Renishaw
- SigmaTEK Systems
- D Engineering
- Ability Systems Corporation
- Automated Micro Technology
- Bantam Tools
- BobCAD-CAM
- CAMplete Solutions
- CamSoft Corporation
- CAMSolutions
- CGTech
- Cimtech
- Gravotech
Highlights of The Computer Numerical Control Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CAD Software
- CAM Software
- By Application:
- Factory
- Laboratory
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Computer Numerical Control Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Computer numerical control software is a type of software that helps machines move and work more accurately. It does this by allowing the user to input data about the object or part being machined, and then using algorithms to calculate how best to move or position the machine tool so that it can produce the desired result.
Some of the key players operating in the computer numerical control software market are Hypertherm, Renishaw, SigmaTEK Systems, D Engineering, Ability Systems Corporation, Automated Micro Technology, Bantam Tools, BobCAD-CAM, CAMplete Solutions, CamSoft Corporation, CAMSolutions, CGTech, Cimtech, Gravotech.
The computer numerical control software market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Computer Numerical Control Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Computer Numerical Control Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Computer Numerical Control Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Computer Numerical Control Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Computer Numerical Control Software Market Size & Forecast, 2020-2028
4.5.1 Computer Numerical Control Software Market Size and Y-o-Y Growth
4.5.2 Computer Numerical Control Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 CAD Software
5.2.2 CAM Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Factory
6.2.2 Laboratory
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Computer Numerical Control Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Computer Numerical Control Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 CAD Software
9.6.2 CAM Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Factory
9.10.2 Laboratory
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 CAD Software
10.6.2 CAM Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Factory
10.10.2 Laboratory
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 CAD Software
11.6.2 CAM Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Factory
11.10.2 Laboratory
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 CAD Software
12.6.2 CAM Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Factory
12.10.2 Laboratory
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 CAD Software
13.6.2 CAM Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Factory
13.10.2 Laboratory
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Computer Numerical Control Software Market: Competitive Dashboard
14.2 Global Computer Numerical Control Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hypertherm
14.3.2 Renishaw
14.3.3 SigmaTEK Systems
14.3.4 D Engineering
14.3.5 Ability Systems Corporation
14.3.6 Automated Micro Technology
14.3.7 Bantam Tools
14.3.8 BobCAD-CAM
14.3.9 CAMplete Solutions
14.3.10 CamSoft Corporation
14.3.11 CAMSolutions
14.3.12 CGTech
14.3.13 Cimtech
14.3.14 Gravotech
