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

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

Product Code:448983

Published Date: Feb 08,2023

Pages: 108

Region: Global

Category: Machinery & Equipment

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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 Machine (CMM) Industry Forecast” looks at past sales and reviews total world Coordinate Measuring Machine (CMM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Coordinate Measuring Machine (CMM) sales for 2023 through 2029. With Coordinate Measuring Machine (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 Machine (CMM) industry.

This Insight Report provides a comprehensive analysis of the global Coordinate Measuring Machine (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 Machine (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 Machine (CMM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coordinate Measuring Machine (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 Machine (CMM).

The global Coordinate Measuring Machine (CMM) market size is projected to grow from US$ 5714.9 million in 2022 to US$ 8602.7 million in 2029; it is expected to grow at a CAGR of 8602.7 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 Machine (CMM) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Bridge CMM
    Horizontal CMM
    Articulated-Arm CMM
    Others

Segmentation by application
    Machinery Manufacturing
    Automotive Industry
    Electronics Industry
    Aerospace and Defense
    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
    COORD3
    Wenzel
    Tokyo Seimitsu
    Helmel
    Dukin
    Aberlink
    AEH
    Leader Metrology

Key Questions Addressed in this Report
What is the 10-year outlook for the global Coordinate Measuring Machine (CMM) market?
What factors are driving Coordinate Measuring Machine (CMM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Coordinate Measuring Machine (CMM) market opportunities vary by end market size?
How does Coordinate Measuring Machine (CMM) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?