Global Coordinate Measuring Machines (CMM) Market Growth 2023-2029

Global Coordinate Measuring Machines (CMM) Market Growth 2023-2029

A coordinate measuring machine (CMM) is a device for measuring the physical geometrical characteristics of an object. This machine may be manually controlled by an operator or it may be computer controlled. Measurements are defined by a probe attached to the third moving axis of this machine. Probes may be mechanical, optical, laser, or white light, among others. A machine which takes readings in six degrees of freedom and displays these readings in mathematical form is known as a CMM.

LPI (LP Information)' newest research report, the “Coordinate Measuring Machines (CMM) Industry Forecast” looks at past sales and reviews total world Coordinate Measuring Machines (CMM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Coordinate Measuring Machines (CMM) sales for 2023 through 2029. With Coordinate Measuring Machines (CMM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coordinate Measuring Machines (CMM) industry.

This Insight Report provides a comprehensive analysis of the global Coordinate Measuring Machines (CMM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coordinate Measuring Machines (CMM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Coordinate Measuring Machines (CMM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coordinate Measuring Machines (CMM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coordinate Measuring Machines (CMM).

The global Coordinate Measuring Machines (CMM) market size is projected to grow from US$ 5714.9 million in 2022 to US$ 7208.5 million in 2029; it is expected to grow at a CAGR of 7208.5 from 2023 to 2029.

Europe is the largest manufacture region with about 28% market share. North America is follower.

The key players are Hexagon, Zeiss, Mitutoyo, Nikon, Werth, COORD3, Wenzel, Tokyo Seimitsu, Helmel, Dukin, Aberlink, AEH, Leader Metrology etc. Hexagon is the largest manufacturer with about 16% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Coordinate Measuring Machines (CMM) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Bridge CMM
Articulated Arm
Horizontal Arm

Segmentation by application
Automotive
Aerospace & Defense
Electronics & Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hexagon
Zeiss
Mitutoyo
Nikon
Werth
Leader Metrology
Wenzel
Tokyo Seimitsu
Helmel
Dukin
Aberlink
AEH
COORD3

Key Questions Addressed in this Report

What is the 10-year outlook for the global Coordinate Measuring Machines (CMM) market?

What factors are driving Coordinate Measuring Machines (CMM) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Coordinate Measuring Machines (CMM) market opportunities vary by end market size?

How does Coordinate Measuring Machines (CMM) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.