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

Description

List of Tables

The Computer Integrated Manufacturing Market was valued at USD 2.36 billion in 2023, expected to reach USD 2.53 billion in 2024, and is projected to grow at a CAGR of 7.34%, to USD 3.88 billion by 2030.

Computer Integrated Manufacturing (CIM) represents a cohesive approach to manufacturing in which the entire production process is unified through computer systems. This integration streamlines operations, enhances flexibility, and vastly improves efficiency by offering a seamless interface between engineering, production, marketing, and management. The necessity of CIM arises from the demand for high-quality, customized products at lower costs. Its applications are far-reaching, encompassing sectors like automotive, aerospace, electronics, and consumer goods, where precision, speed, and reliability are critical. The end-use scope is expanding with the increased adoption of smart factories and Industry 4.0 trends. Several key factors influence the growth of the CIM market. These include the rising demand for automation, advancements in technology, and the need for efficient plant operations. The integration of the Internet of Things (IoT), Artificial Intelligence (AI), and machine learning within CIM systems creates substantial opportunities. Companies that leverage these technologies can optimize their manufacturing capabilities, thereby increasing profitability. However, challenges such as high initial investment costs, complexity of integration, and the requirement for ongoing system upgrades can hinder market growth. Moreover, a skilled workforce adept at managing and maintaining these complex systems is insufficient, posing another significant limitation. Innovation and research opportunities are abundant, particularly in developing more intuitive CIM systems that allow for easy integration and real-time data analysis to enhance responsiveness and predictive maintenance. Businesses should focus on such technological advancements and invest in robust cybersecurity measures to protect integrated frameworks from potential threats. By doing so, they can maintain a competitive edge. Overall, the market exhibits a dynamic nature with a considerable inclination towards technological enhancement, making it a fertile ground for innovation and strategic investments.

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%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Computer Integrated Manufacturing Market

The Computer Integrated Manufacturing Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

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

Porter's Five Forces: A Strategic Tool for Navigating the Computer Integrated Manufacturing Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Computer Integrated Manufacturing Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Computer Integrated Manufacturing Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Computer Integrated Manufacturing Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Computer Integrated Manufacturing Market

A detailed market share analysis in the Computer Integrated Manufacturing Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Computer Integrated Manufacturing Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Computer Integrated Manufacturing Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Computer Integrated Manufacturing Market

A strategic analysis of the Computer Integrated Manufacturing Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

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:

Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Computers, Controllers, and Sensors. The Services is further studied across Installation, Maintenance, and Training. The Software is further studied across Process Planning & Design and Production Control.
Based on Organization Size, market is studied across Large Enterprises and Small & Medium-sized Enterprises.
Based on Industry Vertical, market is studied across Aerospace & Defense, Automotive, Consumer Goods, Electronics, and Healthcare.
Based on Application, market is studied across Fabrication & Assembly, Inspection & Quality Control, Manufacturing Process Planning, and Product Design & Development.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

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. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Computer Integrated Manufacturing Market, by Component

6.1. Introduction
6.2. Hardware
- 6.2.1. Computers
- 6.2.2. Controllers
- 6.2.3. Sensors
6.3. Services
- 6.3.1. Installation
- 6.3.2. Maintenance
- 6.3.3. Training
6.4. Software
- 6.4.1. Process Planning & Design
- 6.4.2. Production Control

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

Companies Mentioned

1. ABB Ltd.
2. Autodesk, Inc.
3. Beckhoff Automation GmbH & Co. KG
4. CNC Software, LLC.
5. Cognex Corporation
6. Dassault Systemes S.E.
7. Emerson Electric Co.
8. Fuji Electric Manufacturing Co., Ltd.
9. Hexagon AB
10. Hitachi Solutions, Ltd.
11. Honeywell International Inc.
12. Johnson Controls International plc
13. KEYENCE CORPORATION.
14. KUKA AG by Midea Group.
15. Mitsubishi Electric Corporation
16. Oracle Corporation
17. Panasonic Corporation
18. PTC Inc.
19. Robert Bosch GmbH
20. Rockwell Automation Inc.
21. SAP SE
22. Schneider Electric SE
23. Siemens AG
24. SolidCAM Ltd.
25. Yokogawa Electric Corporation