A coordinate measuring machine is a device that measures the geometry of physical objects. It typically uses probes to sense the position of a point in space, measuring it based on its distance from a three-dimensional reference position. CMM machine is also used to test and verify a part or assembly to ensure that it matches the intended design. In 2021, the global coordinate measuring machines market stood at USD 2,098 million. Recording a CAGR of 7.3% from 2022 to 2028, the worth is projected to reach ~USD 3,436 million by 2028, according to a new report by publisher. The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global coordinate measuring machines market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the coordinate measuring machines industry.
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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for coordinate measuring machines can be segmented by product: portable CMMs, stationary CMMs. The stationary CMMs segment held the largest share of the global coordinate measuring machines market in 2021 and is anticipated to hold its share during the forecast period. Coordinate measuring machines market is further segmented by end user: automotive, aerospace & defense, energy & power, electrical & electronics, others. Based on region, the coordinate measuring machines market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW). By product: - portable CMMs - stationary CMMs By end user: - automotive - aerospace & defense - energy & power - electrical & electronics - others
By region: - North America - Asia Pacific - Europe - Rest of the World (ROW) The stationary CMMs market is further segmented into bridge CMM, gantry CMM, horizontal-arm CMM. In 2021, the bridge CMM segment made up the largest share of revenue generated by the coordinate measuring machines market. Furthermore, the portable CMMs market has been categorized into articulated-arm CMM, handheld CMM. Among these, the articulated-arm CMM segment was accounted for the highest revenue generator in 2021. The report also provides a detailed analysis of several leading coordinate measuring machines market vendors that include Aberlink Ltd., Accurate Gauging & Instruments Pvt Ltd, Automated Precision, Inc (API), Carl Zeiss AG, Creaform Inc., Dukin Co., Ltd., Eley Metrology Ltd., FARO Technologies, Inc., GOM GmbH, Helmel Engineering Products, Inc., Hexagon AB, Innovalia Metrology, ITP Group Ltd, Keyence Corporation, Kreon Technologies, Metronor AS, Mitutoyo Corporation, MORA Metrology GmbH, Nikon Metrology NV, Perceptron, Inc., Stiefelmayer GmbH & Co Kg, TARUS Products Inc, Tokyo Seimitsu Co., Ltd., TRIMOS SA, WENZEL Group GmbH & Co. KG, Werth Messtechnik GmbH, Xi'an High-Tech AEH Industrial Metrology Co., Ltd., among others. *REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES
Historical & Forecast Period This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year. Scope of the Report - To analyze and forecast the market size of the global coordinate measuring machines market. - To classify and forecast the global coordinate measuring machines market based on product, end user, region. - To identify drivers and challenges for the global coordinate measuring machines market. - To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global coordinate measuring machines market. - To identify and analyze the profile of leading players operating in the global coordinate measuring machines market. Why Choose This Report - Gain a reliable outlook of the global coordinate measuring machines market forecasts from 2022 to 2028 across scenarios. - Identify growth segments for investment. - Stay ahead of competitors through company profiles and market data. - The market estimate for ease of analysis across scenarios in Excel format. - Strategy consulting and research support for three months. - Print authentication provided for the single-user license.