Global Touch Probes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Touch Probes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A touch probe is a technology that enables machine tools to perform geometrical measurements inside its working bed.

Market Overview:

The latest research study on the global Touch Probes market finds that the global Touch Probes market reached a value of USD 682.27 million in 2022. It’s expected that the market will achieve USD 878.35 million by 2028, exhibiting a CAGR of 4.3% during the forecast period.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Renishaw is one of the major players operating in the Touch Probes market, holding a share of 21.26% in 2022.

Segmentation Overview:

Among different product types, Radio Touch Probes segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Machine Tools, with a market share of 69.77% in 2021.

Key Companies in the global Touch Probes market covered in Chapter 3:

Metrol
Blum-Novotest GmbH
Haff-Schneider
OGP
Renishaw
Harbin Pioneer M&E Technical
Tormach Inc.
Mahr GmbH
Heidenhain
ZEISS
Marposs
Hexagon AB

In Chapter 4 and Chapter 14.2, on the basis of types, the Touch Probes market from 2018 to 2029 is primarily split into:

Optical Touch Probes
Radio Touch Probes
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Touch Probes market from 2018 to 2029 covers:

Machine Tools
CMM
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)