Market Overview:
The global linear measurement touch probes 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 high-precision linear measurement touch probes across various industries, such as machinery manufacturing, automotive, and electronics. In addition, the growing demand for 3D printing is also contributing to the growth of this market. North America is expected to lead the global linear measurement touch probes market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A linear measurement touch probe is a device that is used to measure the length of an object. It can be used to measure the length of a single point or the entire length of an object. The probe is typically mounted on a CNC machine and it can be used to create accurate measurements for objects that are difficult to measure with traditional methods.
Normal Precision:
Normal precision is the best way to understand the performance of a measurement system. It is also known as standard or normal accuracy. It can be defined as follows: The most accurate result that can be obtained from an instrument, when it is operated according to its specifications and conditions.
High-Precision:
High-precision and its usage in linear measurement touch probes market is a new term that has been used for the first time in the patent application of Apple Inc. on May 31, 2007. The high-precision system includes various components such as sensor, analog to digital converter (ADC), Digital to Analog Converter (DAC), an interrupt controller, a timing control unit and a microcomputer among others.
Application Insights:
The machinery manufacturing application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. This is beneficial in numerous applications including material testing, assembly line inspection, and dimensional measurement of moving parts.
The automotive industry also exhibits promising growth prospects owing to increasing consumer demand for vehicles that are technologically advanced and aesthetically appealing. The growing importance of automation in the automobile production lines has led manufacturers worldwide toward adopting automated systems that require higher precision measuring devices with enhanced capabilities than conventional technologies currently employed can provide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in various industries such as electronics, automotive, and others. For instance, In January 2016, Siemens opened a new healthcare measurement factory in China with an investment of USD X million. The factory manufactures digital sensors and other components for healthcare applications using advanced technologies such as X-ray technology and scanning probe tools (SPT) that are used by medical professionals for diagnosis of diseases at a very early stage thus resulting in better treatment outcomes.
Growth Factors:
- Increasing demand for touch probes in the automotive and aerospace industries due to the need for high precision measurement.
- Growing demand from medical device manufacturers for touch probes with higher accuracy and resolution to meet stringent quality control requirements.
- Rising adoption of touch probes in semiconductor manufacturing processes to achieve better yield rates and improve product quality.
- Increasing use of touch probes in research and development laboratories for advanced material characterization and analysis purposes.
- Technological advancements that enable the development of smaller, faster, and more accurate touch probes are expected to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Linear Measurement Touch Probes Market Research Report
By Type
Normal Precision, High-Precision, Other
By Application
Machinery Manufacturing, Automotive, Electronics, Other
By Companies
Renishaw Ltd, Solartron Metrology, Bowers Group, eddylab GmbH, HEIDENHAIN, Ono Sokki Technology, Inc, Magnescale Co., Ltd, Feinmess Suhl GmbH, WEISS AG, WayCon Positionsmesstechnik GmbH
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Linear Measurement Touch Probes Market Report Segments:
The global Linear Measurement Touch Probes market is segmented on the basis of:
Types
Normal Precision, High-Precision, Other
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
Machinery Manufacturing, Automotive, Electronics, Other
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:
- Renishaw Ltd
- Solartron Metrology
- Bowers Group
- eddylab GmbH
- HEIDENHAIN
- Ono Sokki Technology, Inc
- Magnescale Co., Ltd
- Feinmess Suhl GmbH
- WEISS AG
- WayCon Positionsmesstechnik GmbH
Highlights of The Linear Measurement Touch Probes 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:
- Normal Precision
- High-Precision
- Other
- By Application:
- Machinery Manufacturing
- Automotive
- Electronics
- Other
- 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 Linear Measurement Touch Probes 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Linear measurement touch probes are a type of touch probe that measure the distance between two points on a surface. They are often used to measure the distance between two points on an object, or to determine how far away an object is from a surface.
Some of the key players operating in the linear measurement touch probes market are Renishaw Ltd, Solartron Metrology, Bowers Group, eddylab GmbH, HEIDENHAIN, Ono Sokki Technology, Inc, Magnescale Co., Ltd, Feinmess Suhl GmbH, WEISS AG, WayCon Positionsmesstechnik GmbH.
The linear measurement touch probes 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 Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Linear Measurement Touch Probes 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 Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Size & Forecast, 2018-2028
4.5.1 Linear Measurement Touch Probes Market Size and Y-o-Y Growth
4.5.2 Linear Measurement Touch Probes Market Absolute $ Opportunity
Chapter 5 Global Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Size Forecast by Type
5.2.1 Normal Precision
5.2.2 High-Precision
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Size Forecast by Applications
6.2.1 Machinery Manufacturing
6.2.2 Automotive
6.2.3 Electronics
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Linear Measurement Touch Probes 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 Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Analysis and Forecast
9.1 Introduction
9.2 North America Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Size Forecast by Type
9.6.1 Normal Precision
9.6.2 High-Precision
9.6.3 Other
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 Linear Measurement Touch Probes Market Size Forecast by Applications
9.10.1 Machinery Manufacturing
9.10.2 Automotive
9.10.3 Electronics
9.10.4 Other
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 Linear Measurement Touch Probes Analysis and Forecast
10.1 Introduction
10.2 Europe Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Size Forecast by Type
10.6.1 Normal Precision
10.6.2 High-Precision
10.6.3 Other
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 Linear Measurement Touch Probes Market Size Forecast by Applications
10.10.1 Machinery Manufacturing
10.10.2 Automotive
10.10.3 Electronics
10.10.4 Other
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 Linear Measurement Touch Probes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Size Forecast by Type
11.6.1 Normal Precision
11.6.2 High-Precision
11.6.3 Other
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 Linear Measurement Touch Probes Market Size Forecast by Applications
11.10.1 Machinery Manufacturing
11.10.2 Automotive
11.10.3 Electronics
11.10.4 Other
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 Linear Measurement Touch Probes Analysis and Forecast
12.1 Introduction
12.2 Latin America Linear Measurement Touch Probes 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 Linear Measurement Touch Probes Market Size Forecast by Type
12.6.1 Normal Precision
12.6.2 High-Precision
12.6.3 Other
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 Linear Measurement Touch Probes Market Size Forecast by Applications
12.10.1 Machinery Manufacturing
12.10.2 Automotive
12.10.3 Electronics
12.10.4 Other
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) Linear Measurement Touch Probes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Linear Measurement Touch Probes 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) Linear Measurement Touch Probes Market Size Forecast by Type
13.6.1 Normal Precision
13.6.2 High-Precision
13.6.3 Other
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) Linear Measurement Touch Probes Market Size Forecast by Applications
13.10.1 Machinery Manufacturing
13.10.2 Automotive
13.10.3 Electronics
13.10.4 Other
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 Linear Measurement Touch Probes Market: Competitive Dashboard
14.2 Global Linear Measurement Touch Probes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Renishaw Ltd
14.3.2 Solartron Metrology
14.3.3 Bowers Group
14.3.4 eddylab GmbH
14.3.5 HEIDENHAIN
14.3.6 Ono Sokki Technology, Inc
14.3.7 Magnescale Co., Ltd
14.3.8 Feinmess Suhl GmbH
14.3.9 WEISS AG
14.3.10 WayCon Positionsmesstechnik GmbH
