Market Overview:
The Global Bridge Coordinate Measuring Machines Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for coordinate measuring machines in various end-use industries such as automotive, electric & electronic, mechanical, and others. Additionally, the growing demand for 3D printing and rising investments in research and development are also propelling the growth of this market. However, factors such as high initial investment costs and lack of skilled labor are restraining its growth. On the basis of type, the global bridge coordinate measuring machines market can be segmented into multi-sensor coordinate measuring machines (CMM), optical coordinate measuring machines (CMMs), and mechanical CMMs. The multi-sensor CMM segment is projected to lead the global bridge CMM market during the forecast period owing to its ability to measure complex shapes with high accuracy.
Product Definition:
bridge coordinate measuring machines (CCMM) are used to measure the three-dimensional coordinates of points on an object. This information can be used to create a digital model of the object, which can then be used for further analysis or manufacturing.
Multi-Sensor:
Multi-sensor bridge coordinate measuring machines are used for the measurement of vertical and horizontal position of a vehicle on a single rail. It provides accurate results as compared to traditional systems that use only one sensor. The multi-sensor bridge coordinate measuring machine is also known as smart sensorized coordinate measuring machine, which uses more than two sensors to measure the position of the vehicle on rails.
The market size was valued at USD 653.1 million in 2016.
Optical:
Optical is a remote sensing technology that uses light to measure distances. It is used in various applications such as topographical surveys, hydrographic & coastal surveys, and others. Optical devices are widely used for civil engineering activities such as foundation surveying, slope assessment of roads and railways tracks, earthmoving & soil testing etc.
Application Insights:
The automotive segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The use of coordinate measuring machines in automobile manufacturing plants has become necessary to maintain dimensional tolerances while assembling various components. Furthermore, coordinate measuring machines are used for quality control during production as well as after-sales services by providing data on the dimensions of each part.
The growing importance of robots across several industries including automotive, medical equipment and others is expected to drive their demand over the forecast period. Robots require accurate measurement devices for designing and installing industrial machinery along with their sensors since they work in precision environments which require tight tolerance measurements for avoiding misalignments or errors during operation.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are making efforts to improve their infrastructure by constructing roads and highways as well as airports. This has led to an increase in demand for coordinate measuring machines that can be used for construction activities.
North America accounted for a significant share of revenue in 2017 owing to growing investments undertaken by governments across U.S., Canada, and Mexico aimed at improving road infrastructure such as highways & roads (tollways/bridges)and aviation facilities such as runways).
Growth Factors:
- Increasing demand for high-precision and advanced Bridge Coordinate Measuring Machines from the automotive and aerospace industries to meet the stringent quality control requirements.
- Growing popularity of Bridge Coordinate Measuring Machines among small and medium-sized enterprises (SMEs) due to its ability to deliver high accuracy at an affordable price point.
- Rising demand for 3D scanning capabilities in Bridge Coordinate Measuring Machines to cater to the growing need for reverse engineering and product design services.
- Proliferation of digital manufacturing technologies that require close tolerances during production, fueling the adoption of Bridge Coordinate Measuring Machines across a wider range of industrial applications.
- Growing awareness about the benefits of using Bridge Coordinate Measuring Machines among businesses, which is expected to result in an increase in demand over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Bridge Coordinate Measuring Machines Market Research Report
By Type
Multi-Sensor, Optical, Mechanical
By Application
Automotive, Electric & Electronic, Mechanical, Others
By Companies
Aberlink, Accurate Gauging and Instruments Pvt. Ltd, ATTOTECH CO., LTD, CARL ZEISS Industrielle Messtechnik GmbH, COORD3 Industries srl, HEXAGON MANUFACTURING INTELLIGENCE, MITUTOYO, Nikon Metrology, Optical Gaging Products, WENZEL, Aberlink
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Bridge Coordinate Measuring Machines Market Report Segments:
The global Bridge Coordinate Measuring Machines market is segmented on the basis of:
Types
Multi-Sensor, Optical, Mechanical
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
Automotive, Electric & Electronic, Mechanical, Others
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:
- Aberlink
- Accurate Gauging and Instruments Pvt. Ltd
- ATTOTECH CO., LTD
- CARL ZEISS Industrielle Messtechnik GmbH
- COORD3 Industries srl
- HEXAGON MANUFACTURING INTELLIGENCE
- MITUTOYO
- Nikon Metrology
- Optical Gaging Products
- WENZEL
- Aberlink
Highlights of The Bridge Coordinate Measuring Machines 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:
- Multi-Sensor
- Optical
- Mechanical
- By Application:
- Automotive
- Electric & Electronic
- Mechanical
- Others
- 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 Bridge Coordinate Measuring Machines 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?
Bridge coordinate measuring machines are used to measure the distances between bridge supports.
Some of the key players operating in the bridge coordinate measuring machines market are Aberlink, Accurate Gauging and Instruments Pvt. Ltd, ATTOTECH CO., LTD, CARL ZEISS Industrielle Messtechnik GmbH, COORD3 Industries srl, HEXAGON MANUFACTURING INTELLIGENCE, MITUTOYO, Nikon Metrology, Optical Gaging Products, WENZEL, Aberlink.
The bridge coordinate measuring machines 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 Bridge Coordinate Measuring Machines 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 Bridge Coordinate Measuring Machines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bridge Coordinate Measuring Machines 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 Bridge Coordinate Measuring Machines 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 Bridge Coordinate Measuring Machines Market Size & Forecast, 2020-2028 4.5.1 Bridge Coordinate Measuring Machines Market Size and Y-o-Y Growth 4.5.2 Bridge Coordinate Measuring Machines 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 Multi-Sensor
5.2.2 Optical
5.2.3 Mechanical
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 Automotive
6.2.2 Electric & Electronic
6.2.3 Mechanical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bridge Coordinate Measuring Machines 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 Bridge Coordinate Measuring Machines 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 Multi-Sensor
9.6.2 Optical
9.6.3 Mechanical
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 Automotive
9.10.2 Electric & Electronic
9.10.3 Mechanical
9.10.4 Others
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 Multi-Sensor
10.6.2 Optical
10.6.3 Mechanical
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 Automotive
10.10.2 Electric & Electronic
10.10.3 Mechanical
10.10.4 Others
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 Multi-Sensor
11.6.2 Optical
11.6.3 Mechanical
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 Automotive
11.10.2 Electric & Electronic
11.10.3 Mechanical
11.10.4 Others
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 Multi-Sensor
12.6.2 Optical
12.6.3 Mechanical
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 Automotive
12.10.2 Electric & Electronic
12.10.3 Mechanical
12.10.4 Others
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 Multi-Sensor
13.6.2 Optical
13.6.3 Mechanical
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 Automotive
13.10.2 Electric & Electronic
13.10.3 Mechanical
13.10.4 Others
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 Bridge Coordinate Measuring Machines Market: Competitive Dashboard
14.2 Global Bridge Coordinate Measuring Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aberlink
14.3.2 Accurate Gauging and Instruments Pvt. Ltd
14.3.3 ATTOTECH CO., LTD
14.3.4 CARL ZEISS Industrielle Messtechnik GmbH
14.3.5 COORD3 Industries srl
14.3.6 HEXAGON MANUFACTURING INTELLIGENCE
14.3.7 MITUTOYO
14.3.8 Nikon Metrology
14.3.9 Optical Gaging Products
14.3.10 WENZEL
14.3.11 Aberlink