How Big Is the CAM Market | Growth & Trends 2031

Q: How big is the CAM market?

The CAM market was estimated at USD 3.2 billion in 2024 and is projected to reach USD 6.2 billion by 2031.

Q: What is driving growth in the CAM market?

Automation, demand for precision, and integration with CAD/CAM and digital manufacturing systems are driving the market.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5553

Publication Date: Jul 2025

What is the size of the CAM Market?

According to 6Wresearch internal database and industry insights, the CAM Market was estimated at USD 3.2 billion in 2024 and is projected to reach USD 6.2 billion by 2031, growing at a CAGR of 7.1% during the forecast period 2025–2031.

There are several growth factors which are contributing in the expansion of the market such as the rising need for precision manufacturing, the adoption of automation across industries, and the growing integration of CAD/CAM solutions.

Key Growth Factors of the CAM Market

Increasing demand for high-speed and precision machining
Rising automation in manufacturing processes
Integration with CAD and cloud-based systems
Expansion of industries like aerospace, automotive, and medical devices
Growing use of multi-axis machining and 3D printing technologies

CAM Market Trends

The CAM market is moving forward with shift towards cloud-enabled platforms that support real-time collaboration and remote manufacturing control. Market is observing strong move towards the AI-driven tool path optimization to reduce material waste and increase machining speed. The investments are increased by the industries in the hybrid manufacturing systems combining additive and subtractive methods to streamline production and reduce setup times.

Emerging Developments in the CAM Market

CAM market is being advanced with development of CAM tools which are incorporating machine learning algorithms to predict tool wear and enhance production planning. CAM is also being integrated with digital twin technology for simulation and error detection before physical production begins. Aside from these, CAM-as-a-Service models are gaining popularity among small and medium-sized manufacturers to reduce upfront software costs.