Global Coordinate Measuring Machine (CMM) Market Growth 2019-2024

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.
Regionally, Europe is the biggest Consumption area of Coordinate Measuring Machine (CMM) in the world and China is the most potential market with the fastest growing rate of 16.19%.
From the view of application market, 45.51% is the most active and potential field because of the widely use of Automotive Industry in 2015. Although there is big difference between big companies such as Hexagon with new companies, especially in the price of products, customers still willing to pay more money to achieve products or service with higher quality. Therefore, it will become harder and harder for a new company which doesn’t have its own core technology and R&D team to survive in this Technology-intensive battle.
As a new kind of materials for Coordinate Measuring Machine (CMM), the Consumption process will become mature gradually with more and more companies enter this field.

According to this study, over the next five years the Coordinate Measuring Machine (CMM) market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 6970 million by 2024, from US$ 5170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Coordinate Measuring Machine (CMM) business, shared in Chapter 3.

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.

This study considers the Coordinate Measuring Machine (CMM) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bridge Machine
Horizontal Machine
Articulated-Arm Machines
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machinery Manufacturing
Automotive Industry
Electronics Industry
Aerospace and Defense
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hexagon
Zeiss
Mitutoyo
Nikon
Coord3
AEH
Wenzel
Leader Metrology
Tokyo Seimitsu
Mahr
Aberlink
Werth
Helmel

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Coordinate Measuring Machine (CMM) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Coordinate Measuring Machine (CMM) market by identifying its various subsegments.
Focuses on the key global Coordinate Measuring Machine (CMM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Coordinate Measuring Machine (CMM) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Coordinate Measuring Machine (CMM) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.