Market Overview:
The global three coordinate measuring machines market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for three coordinate measuring machines from various end-use industries, such as machinery manufacturing, automotive industry, electronics industry, aerospace and defense, and others. Additionally, the growing awareness about quality control and inspection across different industries is also propelling the growth of this market.
Product Definition:
A coordinate measuring machine (CMM) is a device for measuring the three-dimensional coordinates of points on a surface. They are used in engineering and manufacturing to check the accuracy of parts and assemblies.
Bridge Machine:
The global bridge machine market size was valued at USD 1.1 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing usage of three-dimensional coordinate measuring machines in construction industry for planning, designing, and supervision activities is expected to drive the growth over the next seven years.
The major applications include civil engineering structures such as buildings & roadways; mechanical engineering structures such as factories & bridges;.
Horizontal Machine:
Horizontal machine is a device used to move material in a horizontal direction. It can be vertical or inclined. Horizontal machines are widely used for cutting, drilling, facing and grinding of different materials such as metals & stones, wood & bamboo among others.
Application Insights:
The machinery manufacturing application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for precision measuring devices from various industries including oil and gas, construction, mining, etc. These machines are widely used in material testing as well as quality control applications across several industries such as automotive, electronics & semiconductor equipment manufacturing and food processing among others.
The aerospace industry is anticipated to emerge as one of the prominent end-use markets for coordinate measuring machines with a significant growth rate over the forecast period owing to its rising requirement for high-precision assembly operations along with other processes such as component testing & verification during aircraft production cycles. Furthermore, stringent government regulations regarding aircraft safety along with growing concerns regarding product defects will further boost product demand in this sector over the coming years.
Regional Analysis:
Asia Pacific dominated the global three coordinate measuring machines market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from developing countries such as China, India, and Japan. These countries are witnessing rapid industrialization which demands for advanced machinery manufacturing process automation solutions leading to high product demand.
The Asia Pacific is also home to several automotive manufacturers who are adopting Coordinate Measuring Machine (CMM) for vehicle assembly line inspection thereby driving regional growth. Furthermore, rising investments by governments in infrastructure development activities such as construction of buildings and roads have led machine tool vendors including Japanese companies Hitachi, Komatsu Ltd., Mitsubishi Electric Factory automated systems Inc., etc.
North America region accounted for more than 20% revenue share in 2016 owing to growing adoption by end-use industries such as aerospace & defense.
Growth Factors:
- Increasing demand for Three Coordinate Measuring Machines from the automotive and aerospace industries due to the need for high precision and accuracy in manufacturing parts and components.
- Growing demand for Three Coordinate Measuring Machines from small-and medium-sized enterprises (SMEs) due to the increasing awareness of the benefits of using these machines for quality control and production efficiency purposes.
- Technological advancements that have led to the development of new models of Three Coordinate Measuring Machines that are more user-friendly, accurate, and affordable, thereby widening their appeal among buyers.
- The increasing popularity of 3D printing technology, which requires high precision measurements during fabrication, is driving demand for Three Coordinate Measuring Machines as well.
Scope Of The Report
Report Attributes
Report Details
Report Title
Three Coordinate Measuring Machines Market Research Report
By Type
Bridge Machine, Horizontal Machine, Articulated-Arm Machines, Others
By Application
Machinery Manufacturing, Automotive Industry, Electronics Industry, Aerospace and Defense, Others
By Companies
Hexagon, Zeiss, Mitutoyo, Nikon, Coord3, AEH, Wenzel, Leader Metrology, Tokyo Seimitsu, Mahr, Aberlink, Werth, Helmel
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Three Coordinate Measuring Machines Market Report Segments:
The global Three Coordinate Measuring Machines market is segmented on the basis of:
Types
Bridge Machine, Horizontal Machine, Articulated-Arm Machines, Others
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 Industry, Electronics Industry, Aerospace and Defense, 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:
- Hexagon
- Zeiss
- Mitutoyo
- Nikon
- Coord3
- AEH
- Wenzel
- Leader Metrology
- Tokyo Seimitsu
- Mahr
- Aberlink
- Werth
- Helmel
Highlights of The Three 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:
- Bridge Machine
- Horizontal Machine
- Articulated-Arm Machines
- Others
- By Application:
- Machinery Manufacturing
- Automotive Industry
- Electronics Industry
- Aerospace and Defense
- 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 Three 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Three coordinate measuring machines are a type of machine that can be used to measure distances and angles.
Some of the major players in the three coordinate measuring machines market are Hexagon, Zeiss, Mitutoyo, Nikon, Coord3, AEH, Wenzel, Leader Metrology, Tokyo Seimitsu, Mahr, Aberlink, Werth, Helmel.
The three coordinate measuring machines market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Three 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 Three Coordinate Measuring Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Three 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 Three 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 Three Coordinate Measuring Machines Market Size & Forecast, 2018-2028
4.5.1 Three Coordinate Measuring Machines Market Size and Y-o-Y Growth
4.5.2 Three Coordinate Measuring Machines Market Absolute $ Opportunity
Chapter 5 Global Three Coordinate Measuring Machines 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 Three Coordinate Measuring Machines Market Size Forecast by Type
5.2.1 Bridge Machine
5.2.2 Horizontal Machine
5.2.3 Articulated-Arm Machines
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Three Coordinate Measuring Machines 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 Three Coordinate Measuring Machines Market Size Forecast by Applications
6.2.1 Machinery Manufacturing
6.2.2 Automotive Industry
6.2.3 Electronics Industry
6.2.4 Aerospace and Defense
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Three 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 Three 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 Three Coordinate Measuring Machines Analysis and Forecast
9.1 Introduction
9.2 North America Three Coordinate Measuring Machines 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 Three Coordinate Measuring Machines Market Size Forecast by Type
9.6.1 Bridge Machine
9.6.2 Horizontal Machine
9.6.3 Articulated-Arm Machines
9.6.4 Others
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 Three Coordinate Measuring Machines Market Size Forecast by Applications
9.10.1 Machinery Manufacturing
9.10.2 Automotive Industry
9.10.3 Electronics Industry
9.10.4 Aerospace and Defense
9.10.5 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 Three Coordinate Measuring Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Three Coordinate Measuring Machines 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 Three Coordinate Measuring Machines Market Size Forecast by Type
10.6.1 Bridge Machine
10.6.2 Horizontal Machine
10.6.3 Articulated-Arm Machines
10.6.4 Others
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 Three Coordinate Measuring Machines Market Size Forecast by Applications
10.10.1 Machinery Manufacturing
10.10.2 Automotive Industry
10.10.3 Electronics Industry
10.10.4 Aerospace and Defense
10.10.5 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 Three Coordinate Measuring Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Three Coordinate Measuring Machines 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 Three Coordinate Measuring Machines Market Size Forecast by Type
11.6.1 Bridge Machine
11.6.2 Horizontal Machine
11.6.3 Articulated-Arm Machines
11.6.4 Others
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 Three Coordinate Measuring Machines Market Size Forecast by Applications
11.10.1 Machinery Manufacturing
11.10.2 Automotive Industry
11.10.3 Electronics Industry
11.10.4 Aerospace and Defense
11.10.5 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 Three Coordinate Measuring Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Three Coordinate Measuring Machines 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 Three Coordinate Measuring Machines Market Size Forecast by Type
12.6.1 Bridge Machine
12.6.2 Horizontal Machine
12.6.3 Articulated-Arm Machines
12.6.4 Others
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 Three Coordinate Measuring Machines Market Size Forecast by Applications
12.10.1 Machinery Manufacturing
12.10.2 Automotive Industry
12.10.3 Electronics Industry
12.10.4 Aerospace and Defense
12.10.5 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) Three Coordinate Measuring Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Three Coordinate Measuring Machines 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) Three Coordinate Measuring Machines Market Size Forecast by Type
13.6.1 Bridge Machine
13.6.2 Horizontal Machine
13.6.3 Articulated-Arm Machines
13.6.4 Others
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) Three Coordinate Measuring Machines Market Size Forecast by Applications
13.10.1 Machinery Manufacturing
13.10.2 Automotive Industry
13.10.3 Electronics Industry
13.10.4 Aerospace and Defense
13.10.5 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 Three Coordinate Measuring Machines Market: Competitive Dashboard
14.2 Global Three Coordinate Measuring Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexagon
14.3.2 Zeiss
14.3.3 Mitutoyo
14.3.4 Nikon
14.3.5 Coord3
14.3.6 AEH
14.3.7 Wenzel
14.3.8 Leader Metrology
14.3.9 Tokyo Seimitsu
14.3.10 Mahr
14.3.11 Aberlink
14.3.12 Werth
14.3.13 Helmel
