Coordinate Measuring Machine Market Report: Trends, Forecast and Competitive Analysis to 2030
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Coordinate Measuring Machine Market Trends and Forecast
The future of the global coordinate measuring machine market looks promising with opportunities in the automotive, aerospace, heavy machinery, energy & power, electronics, and medical markets. The global coordinate measuring machine (cmm) market is expected to reach an estimated $5.9 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are increasing adaoption of 3D data in modeling and analytical applications, growing trend of cloud computing and industry 4.0, and rising investments in research and development on developing metrology products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global coordinate measuring machine market report, please download the report brochure.
Coordinate Measuring Machine Market by Segment
The study includes a forecast for the global coordinate measuring machine market by type, end use, and region
Coordinate Measuring Machine (CMM) Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies coordinate measuring machine market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the coordinate measuring machine market companies profiled in this report include-
Lucintel forecast that portable CMM is expected to witness highest growth over the forecast period due to its increasing adoption in automotive and power industries owing to its ease of use and its capability to provide maximum flexibility to perform metrology activities.
Within this market, heavy machinery will remain the largest segment as it can deliver onsite dimensional measurement to heavy equipment manufacturers, such as earthmoving, excavation, and agricultural machinery.
APAC is expected to witness highest growth over the forecast period due to rapid industralization and growing adoption of automation in various industrial verticals in the region.
Features of the Global coordinate measuring machine (CMM) market
Market Size Estimates: Coordinate measuring machine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cordinate measuring machine market size by various segments, such as by type, end use, and region in terms of value ($B).
Regional Analysis: Coordinate measuring machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the coordinate measuring machine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the coordinate measuring machine market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the coordinate measuring machine market size?
Answer: The global coordinate measuring machine market is expected to reach an estimated $5.9 billion by 2030.
Q.2 What is the growth forecast for coordinate measuring machine market?
Answer: The global coordinate measuring machine market is expected to grow with a CAGR of 8.2% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the coordinate measuring machine market?
Answer: The major drivers for this market are increasing adaoption of 3D data in modeling and analytical applications, growing trend of cloud computing and industry 4.0, and rising investments in research and development on developing metrology products.
Q4. What are the major segments for coordinate measuring machine market?
Answer: The future of the global coordinate measuring machine market looks promising with opportunities in the automotive, aerospace, heavy machinery, energy & power, electronics, and medical markets.
Q5. Who are the key coordinate measuring machine market companies?
Answer: Some of the key coordinate measuring machine market companies are as follows: %li%Hexagon %li%FARO Technologies %li%Carl Zeiss %li%Eley Metrology %li%N J Metrology %li%Nikon Metrology %li%Metronor %li%Creaform Inc %li%0 %li%0
Q6. Which coordinate measuring machine market segment will be the largest in future?
Answer: Lucintel forecast thatportable CMM is expected to witness highest growth over the forecast period due to its increasing adoption in automotive and power industries owing to its ease of use and its capability to provide maximum flexibility to perform metrology activities.
Q7. In coordinate measuring machine (CMM) market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industralization and growing adoption of automation in various industrial verticals in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the coordinate measuring machine market by type (fixed CMM and portable CMM), end use (automotive, aerospace, heavy machinery, energy & power, electronics, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to coordinate measuring machine market or related to coordinate measuring machine companies, coordinate measuring machine market size, coordinate measuring machine market share, coordinate measuring machine market growth, coordinate measuring machine market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
Coordinate Measuring Machine Market Trends and Forecast
The future of the global coordinate measuring machine market looks promising with opportunities in the automotive, aerospace, heavy machinery, energy & power, electronics, and medical markets. The global coordinate measuring machine (cmm) market is expected to reach an estimated $5.9 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are increasing adaoption of 3D data in modeling and analytical applications, growing trend of cloud computing and industry 4.0, and rising investments in research and development on developing metrology products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global coordinate measuring machine market report, please download the report brochure.
Coordinate Measuring Machine Market by Segment
The study includes a forecast for the global coordinate measuring machine market by type, end use, and region
Coordinate Measuring Machine (CMM) Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Fixed CMM
- Portable CMM
- Automotive
- Aerospace
- Heavy Machinery
- Energy & Power
- Electronics
- Medical
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies coordinate measuring machine market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the coordinate measuring machine market companies profiled in this report include-
- Hexagon
- FARO Technologies
- Carl Zeiss
- Eley Metrology
- N J Metrology
- Nikon Metrology
- Metronor
- Creaform Inc
Lucintel forecast that portable CMM is expected to witness highest growth over the forecast period due to its increasing adoption in automotive and power industries owing to its ease of use and its capability to provide maximum flexibility to perform metrology activities.
Within this market, heavy machinery will remain the largest segment as it can deliver onsite dimensional measurement to heavy equipment manufacturers, such as earthmoving, excavation, and agricultural machinery.
APAC is expected to witness highest growth over the forecast period due to rapid industralization and growing adoption of automation in various industrial verticals in the region.
Features of the Global coordinate measuring machine (CMM) market
Market Size Estimates: Coordinate measuring machine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cordinate measuring machine market size by various segments, such as by type, end use, and region in terms of value ($B).
Regional Analysis: Coordinate measuring machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the coordinate measuring machine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the coordinate measuring machine market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the coordinate measuring machine market size?
Answer: The global coordinate measuring machine market is expected to reach an estimated $5.9 billion by 2030.
Q.2 What is the growth forecast for coordinate measuring machine market?
Answer: The global coordinate measuring machine market is expected to grow with a CAGR of 8.2% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the coordinate measuring machine market?
Answer: The major drivers for this market are increasing adaoption of 3D data in modeling and analytical applications, growing trend of cloud computing and industry 4.0, and rising investments in research and development on developing metrology products.
Q4. What are the major segments for coordinate measuring machine market?
Answer: The future of the global coordinate measuring machine market looks promising with opportunities in the automotive, aerospace, heavy machinery, energy & power, electronics, and medical markets.
Q5. Who are the key coordinate measuring machine market companies?
Answer: Some of the key coordinate measuring machine market companies are as follows: %li%Hexagon %li%FARO Technologies %li%Carl Zeiss %li%Eley Metrology %li%N J Metrology %li%Nikon Metrology %li%Metronor %li%Creaform Inc %li%0 %li%0
Q6. Which coordinate measuring machine market segment will be the largest in future?
Answer: Lucintel forecast thatportable CMM is expected to witness highest growth over the forecast period due to its increasing adoption in automotive and power industries owing to its ease of use and its capability to provide maximum flexibility to perform metrology activities.
Q7. In coordinate measuring machine (CMM) market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industralization and growing adoption of automation in various industrial verticals in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the coordinate measuring machine market by type (fixed CMM and portable CMM), end use (automotive, aerospace, heavy machinery, energy & power, electronics, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to coordinate measuring machine market or related to coordinate measuring machine companies, coordinate measuring machine market size, coordinate measuring machine market share, coordinate measuring machine market growth, coordinate measuring machine market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL COORDINATE MEASURING MACHINE MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Coordinate Measuring Machine Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Coordinate Measuring Machine Market by Type
3.3.1: Fixed CMM
3.3.2: Portable CMM
3.4: Global Coordinate Measuring Machine Market by End Use
3.4.1: Automotive
3.4.2: Aerospace
3.4.3: Heavy Machinery
3.4.4: Energy & Power
3.4.5: Electronics
3.4.6: Medical
3.4.7: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Coordinate Measuring Machine Market by Region
4.2: North American Coordinate Measuring Machine Market
4.2.1: North American Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.2.2: North American Coordinate Measuring Machine Market by End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
4.3: European Coordinate Measuring Machine Market
4.3.1: European Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.3.2: European Coordinate Measuring Machine Marketby End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
4.4: APAC Coordinate Measuring Machine Market
4.4.1: APAC Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.4.2: APAC Coordinate Measuring Machine Market by End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
4.5: ROW Coordinate Measuring Machine Market
4.5.1: ROW Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.5.2: ROW Coordinate Measuring Machine Market by End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Coordinate Measuring Machine Market by Type
6.1.2: Growth Opportunities for the Global Coordinate Measuring Machine Market by End Use
6.1.3: Growth Opportunities for the Global Coordinate Measuring Machine Market Region
6.2: Emerging Trends in the Global Coordinate Measuring Machine Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Coordinate Measuring Machine Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Coordinate Measuring Machine Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Hexagon
7.2: FARO Technologies
7.3: Carl Zeiss
7.4: Eley Metrology
7.5: N J Metrology
7.6: Nikon Metrology
7.7: Metronor
7.8: Creaform Inc
2. GLOBAL COORDINATE MEASURING MACHINE MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Coordinate Measuring Machine Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Coordinate Measuring Machine Market by Type
3.3.1: Fixed CMM
3.3.2: Portable CMM
3.4: Global Coordinate Measuring Machine Market by End Use
3.4.1: Automotive
3.4.2: Aerospace
3.4.3: Heavy Machinery
3.4.4: Energy & Power
3.4.5: Electronics
3.4.6: Medical
3.4.7: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Coordinate Measuring Machine Market by Region
4.2: North American Coordinate Measuring Machine Market
4.2.1: North American Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.2.2: North American Coordinate Measuring Machine Market by End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
4.3: European Coordinate Measuring Machine Market
4.3.1: European Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.3.2: European Coordinate Measuring Machine Marketby End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
4.4: APAC Coordinate Measuring Machine Market
4.4.1: APAC Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.4.2: APAC Coordinate Measuring Machine Market by End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
4.5: ROW Coordinate Measuring Machine Market
4.5.1: ROW Coordinate Measuring Machine Market by Type : Fixed CMM and Portable CMM
4.5.2: ROW Coordinate Measuring Machine Market by End Use: Automotive, Aerospace, Heavy Machinery, Energy & Power, Electronics, Medical, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Coordinate Measuring Machine Market by Type
6.1.2: Growth Opportunities for the Global Coordinate Measuring Machine Market by End Use
6.1.3: Growth Opportunities for the Global Coordinate Measuring Machine Market Region
6.2: Emerging Trends in the Global Coordinate Measuring Machine Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Coordinate Measuring Machine Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Coordinate Measuring Machine Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Hexagon
7.2: FARO Technologies
7.3: Carl Zeiss
7.4: Eley Metrology
7.5: N J Metrology
7.6: Nikon Metrology
7.7: Metronor
7.8: Creaform Inc
