Computer Integrated Manufacturing Market by Component, Organization Size, Industry Vertical, Application

Description

List of Tables

[185 Pages Report] The Computer Integrated Manufacturing Market size was estimated at USD 2.36 billion in 2023 and expected to reach USD 2.53 billion in 2024, at a CAGR 7.34% to reach USD 3.88 billion by 2030.

Computer-integrated manufacturing (CIM) refers to the assistance of computer-controlled systems to automate the innovation, production, design, and distribution processes in manufacturing with the integration of various technologies such as robotics, computer-aided design (CAD), computer-aided manufacturing (CAM), and information technology to create an efficient, responsive, and quality-driven manufacturing environment. This integration enables seamless communication and coordination across different sectors of the manufacturing process, enhancing overall production efficiency and flexibility. This integration supports seamless workflow across design, production, and distribution processes in various automotive, aerospace, defense, electronics, and pharmaceutical industries. The growth of the CIM market is primarily driven by the increasing trend towards industrial automation among diverse industries. Additionally, the growing demand for solutions that provide increased efficiency and productivity in the manufacturing processes is growing the adoption of CIM systems by various sectors. However, the implementation of CIM poses challenges such as integration complexity and increased cybersecurity risks, which hinder the demand for computer-integrated manufacturing. Moreover, Future innovation and research are directed towards creating more intuitive user interfaces, developing collaborative robots that can operate safely alongside humans, and formulating adaptive manufacturing systems, which are creating significant opportunities within the market.

KEY MARKET STATISTICS
Base Year [2023]	USD 2.36 billion
Estimated Year [2024]	USD 2.53 billion
Forecast Year [2030]	USD 3.88 billion
CAGR (%)	7.34%

Regional Insights

In the Americas region, the CIM market is showing robust growth, primarily driven by the advanced manufacturing capabilities in the U.S. and Canada, significant investments by the government and private sectors for research and development, and a strong focus on improving production efficiency to reduce costs and increase productivity. Within North America specifically, there is a growing demand driven by the extensive need for accuracy and efficiency in manufacturing procedures in the automotive, aerospace, and defense industries. Innovations in technology and a push towards digital transformation within manufacturing processes further boost the market growth. Additionally, policies promoting industrial automation also contribute to market expansion. The Asia Pacific region is experiencing extensive growth in the CIM market, primarily due to rising industrialization, growing adoption of automation technologies, and government initiatives encouraging smart manufacturing to boost the demand for CIM across industries. In Europe, there's a strong emphasis on adopting cutting-edge technologies to enhance manufacturing processes within Countries such as Germany, which has a robust industrial base. Additionally, regulations focused on energy efficiency and sustainability push companies towards adopting cleaner and more efficient manufacturing technologies. In the Middle East, the growth is mainly attributed to diversification policies that reduce dependency on oil revenues and focus more on manufacturing sectors such as construction and automotive. Africa is gradually adopting CIM technologies, with growth driven mainly by the need to boost manufacturing to support growing economies.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Computer Integrated Manufacturing Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Adoption of computer integrated manufacturing for increased efficiency and productivity
- The rising consumer demand for customized products
- Increasing trend towards industrial automation

Market Restraints
- High risk of cybersecurity and data privacy

Market Opportunities
- The development of robot-based computer-integrated manufacturing
- Growing investment by government and private sectors for development of efficient manufacturing technologies

Market Challenges
- Technical challenges with the integration of new technologies with existing systems

Market Segmentation Analysis
- Components: Extensive utilization of computer integrated softwares across industries
- Application: Proliferation of computer integrated manufacturing in manufacturing process planning

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Computer Integrated Manufacturing Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Computer Integrated Manufacturing Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Accenture Enhances Data-Driven Business Solutions Through Acquisition of OpenStream Holdings

Accenture announced the acquisition of OpenStream Holdings, a move strategically aimed at bolstering its capabilities to support clients in their data-driven business transformations. OpenStream Holdings, recognized for its advanced data integration and analytic solutions, enables Accenture to offer more comprehensive services to businesses aiming to harness the power of data in a competitive market. This initiative reflects Accenture's commitment to facilitating more robust, data-based decision-making and process enhancements. [Published On: 2024-05-17]

Hexagon and Microsoft Collaborate to Transform Manufacturing with Advanced Cloud Solutions

Hexagon partnered with Microsoft to enhance manufacturing processes through technology. This collaboration focuses on leveraging Microsoft's Azure cloud platform to accelerate the digital transformation in manufacturing and aims to optimize production efficiency and quality by integrating Hexagon's digital solutions, which include advanced sensors and automated workflows, thus offering transformative potential for the industry's operational dynamics and economic performance. [Published On: 2024-04-23]

Sandvik Bolsters its Digital Manufacturing Portfolio with Acquisition of CIMquest

Sandvik announced the acquisition of CIMquest, a prominent reseller of computer-aided manufacturing (CAM) software. This acquisition is part of Sandvik's ongoing strategy to expand its digital solutions offerings, providing clients with more comprehensive and integrated manufacturing solutions. The addition of CIMquest will extend Sandvik's product range and strengthen its customer service and support, aligning with the company's commitment to innovation and technology leadership in the manufacturing sector. [Published On: 2024-02-26]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Computer Integrated Manufacturing Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Computer Integrated Manufacturing Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Autodesk, Inc., Beckhoff Automation GmbH & Co. KG, CNC Software, LLC., Cognex Corporation, Dassault Systemes S.E., Emerson Electric Co., Fuji Electric Manufacturing Co., Ltd., Hexagon AB, Hitachi Solutions, Ltd., Honeywell International Inc., Johnson Controls International plc, KEYENCE CORPORATION., KUKA AG by Midea Group., Mitsubishi Electric Corporation, Oracle Corporation, Panasonic Corporation, PTC Inc., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, SolidCAM Ltd., and Yokogawa Electric Corporation.

Market Segmentation & Coverage

This research report categorizes the Computer Integrated Manufacturing Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Hardware
  - Computers
  - Controllers
  - Sensors

Services
- Installation
- Maintenance
- Training

Software
- Process Planning & Design
- Production Control

Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises

Industry Vertical
- Aerospace & Defense
- Automotive
- Consumer Goods
- Electronics
- Healthcare

Application
- Fabrication & Assembly
- Inspection & Quality Control
- Manufacturing Process Planning
- Product Design & Development

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-FE70EC1839C6

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Adoption of computer integrated manufacturing for increased efficiency and productivity
  - 5.1.1.2. The rising consumer demand for customized products
  - 5.1.1.3. Increasing trend towards industrial automation
- 5.1.2. Restraints
  - 5.1.2.1. High risk of cybersecurity and data privacy
- 5.1.3. Opportunities
  - 5.1.3.1. The development of robot-based computer-integrated manufacturing
  - 5.1.3.2. Growing investment by government and private sectors for development of efficient manufacturing technologies
- 5.1.4. Challenges
  - 5.1.4.1. Technical challenges with the integration of new technologies with existing systems
5.2. Market Segmentation Analysis
- 5.2.1. Components: Extensive utilization of computer integrated softwares across industries
- 5.2.2. Application: Proliferation of computer integrated manufacturing in manufacturing process planning
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Computer Integrated Manufacturing Market, by Component

6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software

7. Computer Integrated Manufacturing Market, by Organization Size

7.1. Introduction
7.2. Large Enterprises
7.3. Small & Medium-sized Enterprises

8. Computer Integrated Manufacturing Market, by Industry Vertical

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Consumer Goods
8.5. Electronics
8.6. Healthcare

9. Computer Integrated Manufacturing Market, by Application

9.1. Introduction
9.2. Fabrication & Assembly
9.3. Inspection & Quality Control
9.4. Manufacturing Process Planning
9.5. Product Design & Development

10. Americas Computer Integrated Manufacturing Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Computer Integrated Manufacturing Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Computer Integrated Manufacturing Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Accenture Enhances Data-Driven Business Solutions Through Acquisition of OpenStream Holdings
- 13.3.2. Hexagon and Microsoft Collaborate to Transform Manufacturing with Advanced Cloud Solutions
- 13.3.3. Sandvik Bolsters its Digital Manufacturing Portfolio with Acquisition of CIMquest
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio