• Resources
  • Members
  • Directory
  • Webinars
  • WISE
  • CAD Models
  • EDGE Awards
  • Advertise
    1. News
    2. What's Inside?

    NC software market to grow for fourth straight year

    May 24, 2007
    The worldwide market for NC software and related services grew almost 7% last year, reaching $1.31 billion, based on end-user payments.

    NC software market to grow for fourth straight year

    These payments will rise another 6.4% in 2007 to reach $1.4 billion, according to consulting and research firm CIMdata, Ann Arbor, Mich. If its prediction is right, this will be the fourth straight year with growth of 6% or more.

    The NC market has steadily improved along with global economies, says CIMdata. Machine-tool sales, manufacturing output, and the overall Product Lifecycle Market (PLM), of which CAM is a component, have shown strong growth. And growth in all these areas affects CAM software purchases.

    Continue Reading

    Sponsored Recommendations

    Flexible Power and Energy Systems for the Evolving Factory

    Aug. 29, 2024
    Exploring industrial drives, power supplies, and energy solutions to reduce peak power usage and installation costs, & to promote overall system efficiency

    Timber Recanting with SEW-EURODRIVE!

    Aug. 29, 2024
    SEW-EURODRIVE's VFDs and gearmotors enhance timber resawing by delivering precise, efficient cuts while reducing equipment stress. Upgrade your sawmill to improve safety, yield...

    Advancing Automation with Linear Motors and Electric Cylinders

    Aug. 28, 2024
    With SEW‑EURODRIVE, you get first-class linear motors for applications that require direct translational movement.

    Gear Up for the Toughest Jobs!

    Aug. 28, 2024
    Check out SEW-EURODRIVEs heavy-duty gear units, built to power through mining, cement, and steel challenges with ease!

    Voice your opinion!

    To join the conversation, and become an exclusive member of Machine Design, create an account today!