Global Touch Probes Market Growth 2023-2029

Global Touch Probes Market Growth 2023-2029

This report studies the Touch Probes market. A touch probe enables machine tools to perform geometrical measurements inside its cutting area. The probe, a high precision switch, is the heart of the system and when it is integrated into the machine manufacturing process, it can determine workpiece and/or tool sizes and identify part locations. It can enhance part quality, improve productivity and reduce operator set-up time.
LPI (LP Information)' newest research report, the “Touch Probes Industry Forecast” looks at past sales and reviews total world Touch Probes sales in 2022, providing a comprehensive analysis by region and market sector of projected Touch Probes sales for 2023 through 2029. With Touch Probes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Touch Probes industry.
This Insight Report provides a comprehensive analysis of the global Touch Probes 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 Touch Probes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Touch Probes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Touch Probes 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 Touch Probes.
The global Touch Probes market size is projected to grow from US$ 1099.6 million in 2022 to US$ 2373.4 million in 2029; it is expected to grow at a CAGR of 2373.4 from 2023 to 2029.
Global Touch Probes key players include Renishaw, Heidenhain, Hexagon AB, Haff-Schneider, etc. Global top four manufacturers hold a share over 60%.
China is the largest market, with a share about 35%, followed by Europe and North America, both have a share about 50 percent.
In terms of product, Optical Touch Probes is the largest segment, with a share about 55%. And in terms of application, the largest application is Machine Tools, followed by CMM, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Touch Probes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Optical Touch Probes
Radio Touch Probes
Others
Segmentation by application
Machine Tools
CMM
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.
Renishaw
Heidenhain
Hexagon AB
Marposs
Haff-Schneider
ZEISS
Blum-Novotest GmbH
OGP
Harbin Pioneer M&E Technical
Mahr GmbH
Tormach Inc.
Metrol
Micro-Vu
Centroid CNC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Touch Probes market?
What factors are driving Touch Probes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Touch Probes market opportunities vary by end market size?
How does Touch Probes 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.