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CIMdata Releases Global NC Market Analysis Report
New CIMdata report shows that the global NC market grew 10% in 2011.
Since 2002, the NC software market has shown modest but steady growth as global economies generally improved. There has been worldwide growth in the sale of machine tools and manufacturing output; greater emphasis has been placed on the efficient operation of machine tools as manufacturing firms have strengthened their competitive position, and the overall PLM (Product Lifecycle Management) market, of which CAM software is a component, has continued on a strong growth path during this period. CAM software purchases are related to all of these factors—particularly machine tools.
Analysis of the size and growth of the NC software and related services market based on end-user payments shows that approximately one-third of the end-user payments result in reseller revenues and approximately two-thirds of the revenues are payments to software vendors.
Mr. Stan Przybylinski, CIMdata’s Director of Research commented, “2011 saw strong recovery in the manufacturing sector, as shown in the machine tool shipments, and software investments followed. This is consistent with our results from our global PLM market analysis.” Mr. Alan Christman, CIMdata’s Chairman and long-time author of the NC Market Analysis Report continued, “2011 was an excellent year for manufacturers and most providers of NC software. Most firms saw good growth in 2011, and CIMdata expects this growth to continue in 2012 and beyond. The continued strength and growing importance of global manufacturing powers like China and other emerging economies should result in increased investment in advanced technologies like CAD, CAM, and other segments of the overall PLM market. We have seen moves documented in the popular press to bring manufacturing back to the US, which will require still more investment in advanced manufacturing technologies to be competitive with economies with lower labor costs. The next few years should continue to be strong for NC and the broader PLM market.”
The 2012 NC Market Analysis Report is available for purchase at http://www.cimdata.com/
CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM enabling technologies.
CIMdata works with both industrial organizations and providers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia Pacific. To learn more about CIMdata’s services, visit our website at www.CIMdata.com, follow us on Twitter: http://twitter.com/