Portable Articulated Arm Coordinate Measuring Machine Market Forecasts to 2030 – Global Analysis By Product (Mechanical Arms, Laser Tracker Arms, White Light Scanner Arms, Multi-Axis Arms and Other Types), Application, End User and By Geography
According to Stratistics MRC, the Global Portable Articulated Arm Coordinate Measuring Machine Market is growing at a CAGR of 6.75% during the forecast period. A Portable Articulated Arm Coordinate Measuring Machine (CMM) is a sophisticated metrology tool used for accurately measuring the geometrical characteristics of physical objects. It consists of a multi-jointed arm with rotary encoders at each joint and a probe at the end. They are widely used in industries like automotive, aerospace, and manufacturing, where precise measurement and quality control are crucial in ensuring the accuracy and integrity of parts and components.
Market Dynamics:Driver:Ease of use and automation
Portable articulated arm coordinate measuring machines offer notable advantages in ease of use and automation. These machines are intuitive, employing user-friendly interfaces and software, making them accessible to operators with minimal training. Automation features, such as self-calibration and data analysis, streamline the measurement process, reducing the need for highly specialized operators. These are the factors influencing the growth of the market.
Restraint:Limited Accuracy
The machines offer flexibility but often face accuracy limitations due to their portability. Factors like environmental conditions, arm stability, and calibration challenges in varied setups can compromise precision. Their smaller size and structure can introduce more error compared to larger fixed machines. However, limited reach and difficulty in handling larger parts hinder comprehensive measurements. These limitations restrict the growth of the market.
Opportunity:Integration with emerging technologies
Integration with emerging technologies like artificial intelligence (AI) and Internet of Things (IoT) enhances the capabilities of the machines. These integrations provide real-time data analysis, predictive maintenance, and improved decision-making capabilities. As emerging technologies, they empower industries to achieve precise measurements, ensuring compliance with stringent standards while accelerating production cycles. These are the factors propelling the growth of the market.
Threat:High cost
The machines, while versatile and mobile, often come with high costs due to intricate engineering, precise calibration, and advanced technology integration. These expenses arise from the need for high-quality materials, intricate manufacturing processes, sophisticated software, and regular maintenance to ensure accuracy. Additionally, the training required for operators to effectively use these machines adds to the overall cost. Therefore, the market's expansion is constrained by this high initial investment.
Covid-19 Impact:The pandemic accelerated trends toward automation and digitalization in various industries. This might have influenced the demand for more sophisticated CMMs with advanced automation features or improved integration capabilities. Some industries using these machines might have faced reduced demand or even shutdowns, impacting the need for new equipment. Conversely, sectors like medical equipment or industries involved in producing essential goods might have seen an increased demand due to changing requirements.
The mechanical arms segment is expected to be the largest during the forecast period
The mechanical arms segment is expected to be the largest during the forecast period. These machines typically have multiple joints or articulations, enabling them to reach difficult-to-access areas. The arm's articulating joints mimic the human arm's movement, allowing for precise and versatile measurements in complex geometries. They are adaptable to various measurement environments and surfaces, including shop floors or uneven surfaces, due to their portable nature and flexible arm design.
The forensic analysis segment is expected to have the highest CAGR during the forecast period
The forensic analysis segment is expected to have the highest CAGR during the forecast period. These machines produce accurate 3D models or visual representations of evidence, facilitating clearer communication among forensic experts, investigators, and in courtroom presentations. The precise and detailed data collected by portable machines can be presented effectively in court, aiding in explaining complex evidence to judges and juries.
Region with largest share:North America is projected to hold the largest market share during the forecast period. Continuous technological advancements, such as improved accuracy, higher scanning speeds, and better software capabilities, have expanded the applications and accuracy of portable machines. With an increasing emphasis on precision and quality control, particularly in manufacturing, the demand for accurate measurement devices like portable CMMs has been on the rise.
Region with highest CAGR:Asia Pacific is projected to hold the highest CAGR over the forecast period. The region is a hub for manufacturing activities across various industries like automotive, aerospace, electronics, and more. The demand for precise measurement tools like portable articulated arm in quality control and inspection processes has been increasing. Continuous advancements in metrology technology have made more accurate, user-friendly, and adaptable. This has widened their applications across different industries and made them more appealing to businesses in the region.
Key players in the marketSome of the key players in Portable Articulated Arm Coordinate Measuring Machine market include Hexagon Manufacturing Intelligence, Nikon Metrology, FARO Technologies, WENZEL Group, Mitutoyo Corporation, Perceptron, Inc., RedLux Limited, IMPACT Metrology Systems Ltd, Sipcon Instrument Industries, Carl Zeiss Industrial Metrology, Kreon Technologies, Dimensional Engineering, Sinowon Innovation Metrology Manufacture Limited, Creaform and Automated Precision, Inc.
Key Developments:In December 2023, Hexagon’s Manufacturing Intelligence division and JSOL Corporation have entered a strategic partnership to accelerate the virtual prototyping of electrified powertrains through multi-physics simulation.
In August 2023, ZEISS announced the opening of its new Quality Excellence Center (QEC) and contract measurement services. These new facilities will provide manufacturers in and around the Delhi area with access to the latest in metrology technology, expertise, and support services in all aspects of quality assurance to improve their production processes.
Types Covered:
• Mechanical Arms
• Laser Tracker Arms
• White Light Scanner Arms
• Multi-Axis Arms
• Other Types
Applications Covered:
• Manufacturing• Quality Control
• Reverse Engineering
• Forensic Analysis
• Other Applications
End Users Covered:
• Automotive
• Aerospace
• Electronics
• Medical
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
JapanChinaIndiaAustralia
New Zealand
South Korea
Rest of Asia Pacific• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements