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Coordinate Measuring Machines Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031


Persistence Market Research has recently published an in-depth report on the global coordinate measuring machines (CMM) market. The report provides a comprehensive analysis of the market dynamics, ... もっと見る

 

 

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Persistence Market Research
パーシスタンスマーケットリサーチ
2024年9月13日 US$4,900
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188 英語

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Summary

Persistence Market Research has recently published an in-depth report on the global coordinate measuring machines (CMM) market. The report provides a comprehensive analysis of the market dynamics, including drivers, trends, opportunities, and challenges, offering detailed insights into the market structure.

Key Insights:

• Coordinate Measuring Machines Market Size (2024E): US$3.44 Bn
• Projected Market Value (2031F):US$6.16 Bn
• Global Market Growth Rate (CAGR 2024 to 2031): 8.9%

Coordinate Measuring Machines Market - Report Scope:

Coordinate measuring machines (CMMs) are precision instruments essential for measuring the physical geometrical characteristics of objects. They play a crucial role in ensuring dimensional accuracy in manufacturing, particularly in sectors such as automotive, aerospace, and electronics. The market includes various CMM types, such as bridge, cantilever, gantry, and horizontal arm configurations, tailored to different manufacturing needs. The growth of the market is driven by rising demand for precision in quality control processes, advancements in CMM technology, and increasing adoption of automated inspection systems.

Market Growth Drivers:

The global CMM market is driven by several factors, including the demand for high-precision measurements in manufacturing processes and the need for quality assurance in industries like automotive, aerospace, and medical devices. Technological innovations, such as the integration of optical and laser scanning technologies, enhance the performance and capabilities of CMMs, leading to their increased adoption. Furthermore, the push towards automation and Industry 4.0 encourages manufacturers to invest in advanced CMM solutions to boost productivity and accuracy. The complexity of product designs and the need for quicker inspection times also contribute to the demand for efficient and accurate CMM systems, including multi-sensor CMMs that combine tactile probing with optical and laser sensors.

Market Restraints:

The CMM market faces challenges related to the high cost of equipment and maintenance. The significant initial investment and the need for skilled operators can be barriers to adoption, especially for small and medium-sized enterprises (SMEs). Moreover, integrating advanced CMM technologies into existing production lines can be complex and expensive. Regular calibration and maintenance requirements also contribute to operational costs, which may limit market growth in price-sensitive regions.

Market Opportunities:

The CMM market offers substantial growth opportunities, driven by the rising adoption of automated inspection solutions and the demand for smart manufacturing. The integration of artificial intelligence (AI) and machine learning (ML) into CMM systems enables predictive maintenance and real-time data analysis, enhancing inspection efficiency and accuracy. Additionally, the trend towards miniaturization in industries such as electronics and medical devices creates opportunities for compact and highly accurate CMMs. The expansion of emerging markets, particularly in Asia-Pacific, is also expected to offer significant growth potential for market players.

Key Questions Answered in the Report:

• What are the main factors driving global CMM market growth?
• Which CMM types are experiencing increased adoption across various industries?
• How are technological advancements reshaping the CMM market's competitive landscape?
• Who are the leading players in the CMM market, and what strategies are they using to stay competitive?
• What are the emerging trends and future prospects for the global CMM market?

Competitive Intelligence and Business Strategy:

Top players in the CMM market, such as Hexagon AB, Zeiss Group, Mitutoyo Corporation, and Nikon Metrology, focus on innovation, product differentiation, and strategic partnerships to maintain a competitive edge. These companies invest in R&D to develop advanced CMM solutions, including multi-sensor and portable systems, to meet diverse industry needs. Collaborations with manufacturers and technology providers help integrate CMMs into automated production lines, promoting technology adoption. Additionally, efforts to develop user-friendly software and enhance compatibility with digital manufacturing systems support market growth and operational efficiency.

Key Companies Profiled:

• Hexagon AB
• Carl Zeiss AG
• Mitutoyo Corporation
• Nikon Metrology NV
• FARO Technologies Inc.
• Creaform Inc.
• Wenzel Group GmbH & Co. KG
• Tokyo Seimitsu Co., Ltd.
• Coord3 Industries srl
• Aberlink Ltd.

Coordinate Measuring Machines Market Segmentation

By Type
• Fixed
• Bridge
• Cantilever
• Gantry

By Industry
• Automotive
• Electronics
• Energy & Power
• Medical

By Application
• Reverse Engineering
• Virtual Stimulation
• Quality Control

By Region
• North America
• Latin America
• Europe
• South Asia & Oceania
• East Asia
• The Middle East & Africa

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Table of Contents

1. Executive Summary
1.1. Global Coordinate Measuring Machines Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations
2. Market Overview
2.1. Market Scope and Definition
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.2.4. Challenges
2.2.5. Key Trends
2.3. Macro-Economic Factors
2.3.1. Global Sectorial Outlook
2.3.2. Global GDP Growth Outlook
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact
3. Value Added Insights
3.1. Value Chain Analysis
3.2. Key Deals and Mergers
3.3. PESTLE Analysis
3.4. Porter’s Five Force Analysis
4. Price Trend Analysis, 2019-2024
4.1. Key Highlights
4.2. Key Factors Impacting Prices
4.3. Pricing Analysis, By Type
4.4. Regional Prices and Type Preferences
5. Global Coordinate Measuring Machines Market Outlook: Historical (2019-2023) and Forecast (2024-2031)
5.1. Key Highlights
5.1.1. Market Volume (Units) Projections
5.1.2. Market Size (US$ Bn) and Y-o-Y Growth
5.1.3. Absolute $ Opportunity
5.2. Market Size (US$ Bn) Analysis and Forecast
5.2.1. Historical Market Size (US$ Bn) Analysis, 2019-2023
5.2.2. Current Market Size (US$ Bn) Analysis and Forecast, 2024-2031
5.3. Global Coordinate Measuring Machines Market Outlook: Type
5.3.1. Introduction / Key Findings
5.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Type, 2019-2023
5.3.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
5.3.3.1. Bridge
5.3.3.2. Cantilever
5.3.3.3. Gantry
5.3.3.4. Articulated arm
5.3.3.5. Portable
5.4. Market Attractiveness Analysis: Type
5.5. Global Coordinate Measuring Machines Market Outlook: Application
5.5.1. Introduction / Key Findings
5.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Application, 2019-2023
5.5.3. Current Market Size (US$ Bn) Analysis and Volume (Units) Analysis and Forecast, By Application, 2024-2031
5.5.3.1. Dimensional measurement
5.5.3.2. Surface measurement
5.5.3.3. Quality control & inspection
5.5.3.4. Virtual simulation
5.5.3.5. Reverse engineering
5.5.3.6. Others
5.6. Market Attractiveness Analysis: Application
5.7. Global Coordinate Measuring Machines MarketOutlook: End User
5.7.1. Introduction / Key Findings
5.7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By End User, 2019-2023
5.7.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By End User, 2024-2031
5.7.3.1. Process industry
5.7.3.2. Automotive
5.7.3.3. Aerospace & defense
5.7.3.4. Energy & power
5.7.3.5. Heavy machinery
5.7.3.6. Others
5.8. Market Attractiveness Analysis: Application
6. Global Coordinate Measuring Machines Market Outlook: Region
6.1. Key Highlights
6.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Region, 2019-2023
6.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Region, 2024-2031
6.3.1. North America
6.3.2. Europe
6.3.3. East Asia
6.3.4. South Asia and Oceania
6.3.5. Latin America
6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region
7. North America Coordinate Measuring Machines Market Outlook: Historical (2019-2023) and Forecast (2024-2031)
7.1. Key Highlights
7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
7.2.1. By Country
7.2.2. By Type
7.2.3. By Application
7.2.4. By End User
7.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
7.3.1. U.S.
7.3.2. Canada
7.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
7.4.1. Bridge
7.4.2. Cantilever
7.4.3. Gantry
7.4.4. Articulated arm
7.4.5. Portable
7.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
7.5.1. Dimensional measurement
7.5.2. Surface measurement
7.5.3. Quality control & inspection
7.5.4. Virtual simulation
7.5.5. Reverse engineering
7.5.6. Others
7.6. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024-2031
7.6.1. Process industry
7.6.2. Automotive
7.6.3. Aerospace & defense
7.6.4. Energy & power
7.6.5. Heavy machinery
7.6.6. Others
7.7. Market Attractiveness Analysis
8. Europe Coordinate Measuring Machines Market Outlook: Historical (2019-2023) and Forecast (2024-2031)
8.1. Key Highlights
8.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
8.2.1. By Country
8.2.2. By Type
8.2.3. By Application
8.2.4. By End User
8.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.3.6. Russia
8.3.7. Turkey
8.3.8. Rest of Europe
8.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
8.4.1. Bridge
8.4.2. Cantilever
8.4.3. Gantry
8.4.4. Articulated arm
8.4.5. Portable
8.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
8.5.1. Dimensional measurement
8.5.2. Surface measurement
8.5.3. Quality control & inspection
8.5.4. Virtual simulation
8.5.5. Reverse engineering
8.5.6. Others
8.6. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024-2031
8.6.1. Process industry
8.6.2. Automotive
8.6.3. Aerospace & defense
8.6.4. Energy & power
8.6.5. Heavy machinery
8.6.6. Others
8.7. Market Attractiveness Analysis
9. East Asia Coordinate Measuring Machines Market Outlook: Historical (2019-2023) and Forecast (2024-2031)
9.1. Key Highlights
9.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
9.2.1. By Country
9.2.2. By Type
9.2.3. By Application
9.2.4. By End User
9.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
9.3.1. China
9.3.2. Japan
9.3.3. South Korea
9.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
9.4.1. Bridge
9.4.2. Cantilever
9.4.3. Gantry
9.4.4. Articulated arm
9.4.5. Portable
9.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
9.5.1. Dimensional measurement
9.5.2. Surface measurement
9.5.3. Quality control & inspection
9.5.4. Virtual simulation
9.5.5. Reverse engineering
9.5.6. Others
9.6. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024-2031
9.6.1. Process industry
9.6.2. Automotive
9.6.3. Aerospace & defense
9.6.4. Energy & power
9.6.5. Heavy machinery
9.6.6. Others
9.7. Market Attractiveness Analysis
10. South Asia & Oceania Coordinate Measuring Machines Market Outlook: Historical (2019-2023) and Forecast (2024-2031)
10.1. Key Highlights
10.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
10.2.1. By Country
10.2.2. By Type
10.2.3. By Application
10.2.4. By End User
10.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
10.3.1. India
10.3.2. Southeast Asia
10.3.3. ANZ
10.3.4. Rest of South Asia & Oceania
10.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
10.4.1. Bridge
10.4.2. Cantilever
10.4.3. Gantry
10.4.4. Articulated arm
10.4.5. Portable
10.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
10.5.1. Dimensional measurement
10.5.2. Surface measurement
10.5.3. Quality control & inspection
10.5.4. Virtual simulation
10.5.5. Reverse engineering
10.5.6. Others
10.6. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024-2031
10.6.1. Process industry
10.6.2. Automotive
10.6.3. Aerospace & defense
10.6.4. Energy & power
10.6.5. Heavy machinery
10.6.6. Others
10.7. Market Attractiveness Analysis
11. Latin America Coordinate Measuring Machines Market Outlook: Historical (2019-2023) and Forecast (2024-2031)
11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
11.3.1. By Country
11.3.2. By Type
11.3.3. By Application
11.3.4. By End User
11.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
11.4.1. Brazil
11.4.2. Mexico
11.4.3. Rest of Latin America
11.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
11.5.1. Bridge
11.5.2. Cantilever
11.5.3. Gantry
11.5.4. Articulated arm
11.5.5. Portable
11.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
11.6.1. Dimensional measurement
11.6.2. Surface measurement
11.6.3. Quality control & inspection
11.6.4. Virtual simulation
11.6.5. Reverse engineering
11.6.6. Others
11.7. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024-2031
11.7.1. Process industry
11.7.2. Automotive
11.7.3. Aerospace & defense
11.7.4. Energy & power
11.7.5. Heavy machinery
11.7.6. Others
11.8. Market Attractiveness Analysis
12. Middle East & Africa Coordinate Measuring Machines Market Outlook: Historical (2019-2023) and Forecast (2024-2031)
12.1. Key Highlights
12.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
12.2.1. By Country
12.2.2. By Type
12.2.3. By Application
12.2.4. By End User
12.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
12.3.1. GCC Countries
12.3.2. Egypt
12.3.3. South Africa
12.3.4. Northern Africa
12.3.5. Rest of Middle East & Africa
12.4. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
12.4.1. Bridge
12.4.2. Cantilever
12.4.3. Gantry
12.4.4. Articulated arm
12.4.5. Portable
12.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
12.5.1. Dimensional measurement
12.5.2. Surface measurement
12.5.3. Quality control & inspection
12.5.4. Virtual simulation
12.5.5. Reverse engineering
12.5.6. Others
12.6. Current Market Size (US$ Bn) Analysis and Forecast, By End User, 2024-2031
12.6.1. Process industry
12.6.2. Automotive
12.6.3. Aerospace & defense
12.6.4. Energy & power
12.6.5. Heavy machinery
12.6.6. Others
12.7. Market Attractiveness Analysis
13. Competition Landscape
13.1. Market Share Analysis, 2023
13.2. Market Structure
13.2.1. Competition Intensity Mapping By Market
13.2.2. Competition Dashboard
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
13.3.1. ABB Ltd.
13.3.1.1. Overview
13.3.1.2. Segments and Types
13.3.1.3. Key Financials
13.3.1.4. Market Developments
13.3.1.5. Market Strategy
13.3.2. AMETEK Inc.
13.3.3. Emerson Electric Co.
13.3.4. Endress+Hauser Management AG
13.3.5. Honeywell International Inc.
13.3.6. Siemens AG
13.3.7. Taiwan Semiconductor Manufacturing Company Limited
13.3.8. TE Connectivity
13.3.9. Texas Instruments
13.3.10. Vega Grieshaber Kg
14. Appendix
14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations

 

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