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The computer integrated manufacturing market size is estimated to grow at a CAGR of 7.96% between 2023 and 2028. The market size is forecast to increase by USD 10,255.89 million. The growth of the market depends on several factors, including the need for improved traceability, the role of CAD in the mass customization of machine parts and growing sales of CIM software through VARs. Computer-integrated manufacturing (CIM) refers to the utilization of computer-controlled hardware and automation systems in assembling or manufacturing items. CIM combines technologies such as computer-aided design (CAD) and computer-aided manufacturing (CAM) in manufacturing processes and helps reduce manual labour and automate repetitive tasks.
This computer integrated manufacturing market report extensively covers market segmentation by product (cad, cam, and DM), end-user (large enterprise and SMEs), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2022.
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The need for improved traceability is notably driving the market growth. Warranty management plays a major role in providing customer satisfaction and customer confidence. Certain aspects of warranty management, such as product recall, have a negative effect on the customer. The number of product recalls in a year plays a significant role in determining the net profit of the company. The major solution for the reduction or elimination of product recalls is improved traceability through the process of verifying the systems or products with the help of well-documented historical data. DM can be used for enhancing traceability in manufacturing processes.
Moreover, digital manufacturing (DM) collects all data regarding the manufacturing process, compares them with the production plans, and warns the management in case of any inconsistency. It also provides detailed data regarding the list of operations performed using the parts and products made using these parts. Thus, the need for improved traceability is expected to fuel the growth of the global computer integrated manufacturing market during the forecast period.
The use of DM for intelligent cars is an emerging trend shaping the market growth. The automotive industry is moving toward producing intelligent vehicles. It includes a completely digitized vehicle (in some cases auto-driven) with the proper connectivity of all apps and infotainments using mediums such as Wi-Fi. Companies such as Tesla invest a huge amount in the R and D in intelligent electric vehicles, including autonomous vehicles. Once an intelligent car model is designed, it must be made in a factory environment that requires additional facilities, such as testing simulations in driverless mode. This increases the complexity associated with manufacturing processes. DM vendors are finding the above trend as the future of the automotive industry and have already taken steps to develop DM software with added features.
For instance, Tesla uses DELMIA by Dassault Systemes SE as its DM software. Integration of ENOVIA (cPDM software) and CATIA (CAD software) with DELMIA helped Tesla simulate the manufacturing facility and process for building Model S. Thus, the use of DM for intelligent cars is expected to positively affect the growth of the global computer integrated manufacturing market during the forecast period.
The growing maturity of the CAD market is a significant challenge hindering market growth. The CAD market generates a considerable part of its revenue from Europe and North America. The CAD markets in these two regions generate revenue from updates and upgrades of CAD software instead of the sale of new CAD software. Large international CAD vendors have already ventured toward new business domains rather than investing in the CAD market. One such company is PTC, which is more focused on services lifecycle management (SLM), IoT, PLM, and application lifecycle management (ALM).
Furthermore, the maturity of the CAD markets in Europe and North America is becoming a challenge for the global CIM market. Hence, the maturity of the CAD market is expected to pose a negative effect on the growth of the global computer integrated manufacturing market during the forecast period.
The market share growth by the CAD segment will be significant during the forecast period. The CAD segment held the largest market share in the global computer integrated manufacturing market in 2023. The development of ideas and the launch of new products have prompted companies to introduce changes such as improved documentation, the inclusion of new model templates, and enhanced support for mobile devices.
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The CAD segment was the largest segment and was valued at USD 13,881.15 million. Companies such as Siemens are introducing several technological innovations in their product lifecycle management (PLM) products, including mechanical computer-aided design (MCAD). For instance, the Generative Design Technology by Siemens brings topology optimization to the Solid Edge 3D (CAD software) product development toolkit. Once the designer has defined a specific material, space, and other constraints, the software automatically computes the geometric solution. Such innovations will drive the growth of the segment, thereby driving the global computer integrated manufacturing market during the forecast period.
The large enterprises held the largest market share in the global computer integrated manufacturing market in 2023. The growing industrialization and high adoption of CIM system into large enterprise is expected to grow significantly during the forecast period owing to the growing demand for smart packaging, high accuracy, and convenience. The high labour costs are fueling the demand for CIM systems as these systems are automated and require minimal human interaction. The growing production of these aforementioned sectors is expected to further fuel the demand for CIM owing to its application and benefits. Thus, the growing adoption of CIM systems such as CAM is expected to fuel the growth of the large enterprise, thereby driving the global computer integrated manufacturing market during the forecast period.
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North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Several CIM solution vendors in North America have started developing cloud-based solutions. This pay-per-use model of CIM solutions reduces the overall cost of their adoption. Moreover, several users can remotely access cloud-based CIM systems such as CAM solutions at any time and from any place. Furthermore, cloud-based solutions can be scaled up to include new features more easily. For instance, Fusion 360 is a cloud-based CAM solution developed by Autodesk based in the US. Many vendors in North America are providing CAD solutions online, apart from CAM. Onshape is a cloud-based CAD software company with a primary focus on MCAD developed by Onshape, based in the US.
Moreover, the presence of many established manufacturing companies in the US is expected to fuel the adoption of CAM solutions. These companies have been using CIM for product designing, manufacturing, and R&D activities. The US also has the presence of many large and prominent CIM vendors, such as Autodesk and PTC, that offer CAD products for domestic as well as international markets. Such factors will increase the demand for CIM solutions, which in turn will fuel the growth of the regional computer integrated manufacturing market during the forecast period.
The COVID-19 pandemic spread widely across North America, especially in the US, in 2020. However, in 2021, after the large-scale vaccination drives conducted by the governments lifted the lockdown and travel restrictions from the region in 2021, which resulted in the reopening of manufacturing units in end-user industries in the region, leading to increased demand for CIM. The growing automotive sector and the rise in adoption of CIM solutions by end-users are expected to fuel the growth of the regional computer integrated manufacturing market during the forecast period.
The Computer Integrated Manufacturing Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Computer Integrated Manufacturing Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Autodesk Inc. - The company offers computer integrated manufacturing solutions such as A360, Fusion 360 and Configurator 360.
CAD Schroer GmbH - The company offers computer integrated manufacturing solutions such as M4 PERSONAL 7.2, M4 ISO FX 7.2 and M4 P and ID FX Version 7.2.
Bentley Systems Inc. - The company offers computer integrated manufacturing solutions such as MicroStation, a computer aided design software for infrastructure design, helping architects and engineers.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The computer integrated manufacturing market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Computer Integrated Manufacturing Market Scope |
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Report Coverage |
Details |
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Page number |
156 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.96% |
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Market Growth 2024-2028 |
USD 10,255.89 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.29 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 35% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Autodesk Inc., Axiomtek Co. Ltd., Bentley Systems Inc., CAD International, CAD Schroer GmbH, CIM TECH.COM Inc., CIMCO A S, CNC Software LLC, Constellation Software Inc., Dassault Systemes SE, Graebert GmbH, HCL Technologies Ltd., Hexagon AB, OPEN MIND Technologies AG, PTC Inc., Siemens AG, Tebis Technische Informationssysteme AG, ZWSOFTA Co. Ltd., MecSoft Corp., and SolidCAM GmbH |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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