Coordinate Measuring Machine (CMM) Market Outlook 2027 By Applications, Size, Share, Trends, Technology

According to TechSci Research, The Global Coordinate Measuring Machine (CMM) Market size is predicted to grow at a significant CAGR during the forecast period. The market for CMM is growing due to the increasing demand for quality control from the various end user industries such as, automotive, aerospace & defense, heavy machinery etc. Moreover, the growing interest in IoT and superior quality inspections are also bolstering the market growth for coordinate measuring machine.

In terms of application, the market for coordinate measuring machine is categorized into Quality Control & Inspection, Reverse Engineering, Virtual Simulation, and others. The reverse engineering category is predicted to witness the fastest growth among all the applications in the global market for coordinate measuring machine during the forecast period.

Taking into an account of geographical landscape, the market for CMM was the largest in the Asia-Pacific region in 2021 and it is predicted to remain as the largest region throughout the forecast period.

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Some of the leading players in the Global Coordinate Measuring Machine (CMM) market are Tokyo Seimitsu Co. Ltd., FARO Technologies Inc., Hexagon AB, Nikon Corporation, Carl Zeiss AG, Mitutoyo Corporation, Keyence Corporation, Gom, Creaform Inc., Perceptron Inc., among others.

Objective of the Study:

  • To analyse and forecast the market size of global coordinate measuring machine (CMM) market, in terms of Value & Volume.
  • To classify and forecast global coordinate measuring machine (CMM) market based on type, application, end-use industry, and regional distribution.
  • To identify drivers and challenges for global coordinate measuring machine (CMM) market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global coordinate measuring machine (CMM) market.
  • To conduct the pricing analysis for global coordinate measuring machine (CMM) market
  • To identify and analyse the profile of leading players involved in the global coordinate measuring machine (CMM) market.

 

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Coordinate Measuring Machine (CMM) using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these Value & Volumes from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Coordinate Measuring Machine (CMM) manufacturers
  • Suppliers & distributors of CMM
  • CMM end users
  • Research organizations and consulting companies
  • Research Institutes
  • Industry associations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Application

·         End Use Industry

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Tokyo Seimitsu Co. Ltd., FARO Technologies Inc., Hexagon AB, Nikon Corporation, Carl Zeiss AG, Mitutoyo Corporation, Keyence Corporation, Gom, Creaform Inc., Perceptron Inc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global Coordinate Measuring Machine (CMM) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Coordinate Measuring Machine (CMM) Market, By Type
    • Bridge
    • Cantilever
    • Gantry
    • Articulated Arm
    • Portable & Handheld
  • Global Coordinate Measuring Machine (CMM) Market, By Application
    • Quality Control & Inspection
    • Reverse Engineering
    • Virtual Simulation
    • Others
  • Global Coordinate Measuring Machine (CMM) Market, By End-Use Industry
    • Aerospace & Defense
    • Automotive
    • Medical
    • Electronics
    • Energy & Power
    • Heavy Machinery
    • Fashion & Jewellery
    • Others
  • Global Coordinate Measuring Machine (CMM) Market, By Region
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Russia
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • Israel
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Coordinate Measuring Machine (CMM) Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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