Latin America Computer Aided Manufacturing Market Size & Outlook
The computer aided manufacturing market in Latin America is expected to reach a projected revenue of US$ 296.7 million by 2030. A compound annual growth rate of 7.7% is expected of Latin America computer aided manufacturing market from 2024 to 2030.
Revenue, 2023 (US$M)
$176.9
Forecast, 2030 (US$M)
$296.7
CAGR, 2024 - 2030
7.7%
Report Coverage
Latin America
Latin America computer aided manufacturing market, 2018-2030 (US$M)
Latin America computer aided manufacturing market highlights
- The Latin America computer aided manufacturing market generated a revenue of USD 176.9 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 176.9 million |
| Market revenue in 2030 | USD 296.7 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software |
| Key market players worldwide | Synopsys Inc, Autodesk Inc, Carbon Design Systems, ESI Group, ARM Holdings PLC ADR, Cadence Design Systems Inc, Siemens AG, PTC Inc, Encore |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.1% of the global computer aided manufacturing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,874.7 million by 2030.
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Computer Aided Manufacturing Market Scope
Computer aided manufacturing market segmentation & scope
Deployment
On-premise
Cloud
End Use
Automotive
Aerospace & Defense
Industrial Equipment
Medical Devices & Component
Energy & Utilities
Others
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
U.S.
Canada
Mexico
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
Computer Aided Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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Related regional statistics
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