Market Overview:
The global Automatic Contact Probe market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automatic contact probes in various applications such as aerospace, electronic equipment, medical treatment, and chemical industry. Additionally, the growing demand for infrared transmission type automatic contact probes is also contributing to the growth of this market.
Product Definition:
The automatic contact probe is a device that helps to measure the electrical resistance between two points on a surface. This measurement can be used to determine the smoothness of the surface. The probe is important because it can help to ensure that surfaces are smooth and defect-free before they are used in manufacturing or other processes.
Infrared Transmission:
Infrared transmission is the utilization of infrared radiation in wireless communication. Infrared transmitters and receivers are utilized to send and receive information through IR wavelengths. The majority of modern day devices make use of infrared technology for touch-based operations, such as mobile phones, personal computers, video games consoles etc.
The global automatic contact probe market size was valued at USD 1,849 million in 2015.
Wireless Transmission:
Automatic contact probe is a device that is used to measure the voltage and current in an electric circuit. It works on the principle of induction by sending out electromagnetic waves into the surrounding environment and measuring variations in return. The main function of automatic contact probe is to test whether there's an electric leakage or not, which can be done without causing any damage to the system under test.
Application Insights:
The aerospace application segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growth of this industry can be attributed to increasing air traffic as well as passenger travel demand. In addition, government initiatives such as Open Skies agreements between various countries that allow passengers to choose their preferred airlines are expected to boost product demand in this segment.
The medical equipment application segment is anticipated register a significant CAGR during the forecast period owing to growing technological advancements and innovations in healthcare infrastructure coupled with rising patient awareness regarding better treatment options and treatments at an early stage of disease progression. This factor is expected to drive automatic contact probe market growth over the coming years.
Regional Analysis:
North America dominated the global automatic contact probe market in 2017. The region is expected to maintain its position over the forecast period as well. This can be attributed to increasing investments in R&D and technological advancements by various companies operating in this region. Moreover, presence of major aircraft manufacturers such as Boeing and Airbus has resulted in high demand for automatic contact probes across North America aerospace industry.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand from several industries for automated equipment with improved performance characteristics than hard-wired counterparts. Increasing use of wireless transmission technology allows easy installation of automatic probe systems while reducing cost and space requirement compared with hard-wired systems, thereby boosting adoption across numerous applications including chemical, medical & dental, food & beverage processing plants among others).
Growth Factors:
- Increasing demand for automatic contact probe in automotive and aerospace industries for quality inspection and failure analysis.
- Growing popularity of automated optical inspection (AOI) systems that use automatic contact probes for testing the integrity of electronic components.
- Proliferation of 3D printing technology that is used to create complex geometries, which requires accurate measurement during the manufacturing process using automatic contact probes.
- Rising demand from medical device manufacturers for quality assurance and product development using 3D scanning and reverse engineering applications with automatic contact probes . 5 . Increasing number of research & development activities in semiconductor, MEMS, nanotechnology, and other related fields to develop new products that require accurate dimensional measurements using an automatic contact probe
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Contact Probe Market Research Report
By Type
Infrared Transmission, Wireless Transmission, Hard-Wired Transmission
By Application
Aerospace, Electronic Equipment, Medical Treatment, Chemical Industry
By Companies
Marposs, Renishaw, Hexagon AB, DR. Johannes Heidenhain GmbH, Blum-Novotest GmbH, Tormach, METROL, Centroid Corporation, Quality Vision International, Mahr GmbH, Zeiss
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Contact Probe Market Report Segments:
The global Automatic Contact Probe market is segmented on the basis of:
Types
Infrared Transmission, Wireless Transmission, Hard-Wired Transmission
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Electronic Equipment, Medical Treatment, Chemical Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Marposs
- Renishaw
- Hexagon AB
- DR. Johannes Heidenhain GmbH
- Blum-Novotest GmbH
- Tormach
- METROL
- Centroid Corporation
- Quality Vision International
- Mahr GmbH
- Zeiss
Highlights of The Automatic Contact Probe Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infrared Transmission
- Wireless Transmission
- Hard-Wired Transmission
- By Application:
- Aerospace
- Electronic Equipment
- Medical Treatment
- Chemical Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Contact Probe Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automatic contact probe is a device that measures the electrical resistance of a material. It is used in industrial and scientific applications to measure the properties of materials, including metals, plastics, and insulators.
Some of the key players operating in the automatic contact probe market are Marposs, Renishaw, Hexagon AB, DR. Johannes Heidenhain GmbH, Blum-Novotest GmbH, Tormach, METROL, Centroid Corporation, Quality Vision International, Mahr GmbH, Zeiss.
The automatic contact probe market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Contact Probe Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automatic Contact Probe Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automatic Contact Probe Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automatic Contact Probe Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automatic Contact Probe Market Size & Forecast, 2020-2028 4.5.1 Automatic Contact Probe Market Size and Y-o-Y Growth 4.5.2 Automatic Contact Probe Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Infrared Transmission
5.2.2 Wireless Transmission
5.2.3 Hard-Wired Transmission
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Electronic Equipment
6.2.3 Medical Treatment
6.2.4 Chemical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Contact Probe Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Contact Probe Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Infrared Transmission
9.6.2 Wireless Transmission
9.6.3 Hard-Wired Transmission
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Electronic Equipment
9.10.3 Medical Treatment
9.10.4 Chemical Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Infrared Transmission
10.6.2 Wireless Transmission
10.6.3 Hard-Wired Transmission
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Electronic Equipment
10.10.3 Medical Treatment
10.10.4 Chemical Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Infrared Transmission
11.6.2 Wireless Transmission
11.6.3 Hard-Wired Transmission
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Electronic Equipment
11.10.3 Medical Treatment
11.10.4 Chemical Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Infrared Transmission
12.6.2 Wireless Transmission
12.6.3 Hard-Wired Transmission
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Electronic Equipment
12.10.3 Medical Treatment
12.10.4 Chemical Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Infrared Transmission
13.6.2 Wireless Transmission
13.6.3 Hard-Wired Transmission
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Electronic Equipment
13.10.3 Medical Treatment
13.10.4 Chemical Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Contact Probe Market: Competitive Dashboard
14.2 Global Automatic Contact Probe Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marposs
14.3.2 Renishaw
14.3.3 Hexagon AB
14.3.4 DR. Johannes Heidenhain GmbH
14.3.5 Blum-Novotest GmbH
14.3.6 Tormach
14.3.7 METROL
14.3.8 Centroid Corporation
14.3.9 Quality Vision International
14.3.10 Mahr GmbH
14.3.11 Zeiss