Global Touch Probes Market to Reach $986.3 Million by 2030
The global market for Touch Probes estimated at US$716.1 Million in the year 2023, is expected to reach US$986.3 Million by 2030, growing at a CAGR of 4.7% over the analysis period 2023-2030. 3D Touch Probes, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$393.9 Million by the end of the analysis period. Growth in the 2D Spindle Probes segment is estimated at 5.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $215.3 Million, While China is Forecast to Grow at 4.5% CAGR
The Touch Probes market in the U.S. is estimated at US$215.3 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$175.2 Million by the year 2030 trailing a CAGR of 4.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.
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