Market Overview:
The global measurement touch probe market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision measurement in various industries, such as machinery manufacturing, automotive industry, electronics industry, aerospace and defense, and others. In addition, the growing adoption of 3D measurement touch probes is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis on type , linear measurement touch probe segment is expected to hold major share in global Measurement Touch Probe Market by 2030 . On basis on application , Machinery Manufacturing segment is anticipated grow with highest CAGR over forecast period .
Product Definition:
A measurement touch probe is a device that is used to take measurements of very small objects. It is important to use a measurement touch probe because it allows for very accurate measurements to be taken.
Linear Measurement Touch Probe:
Linear measurement touch probe is a device used to measure the distance between two points on an object. It’s basically a stick that has an LED light at the end of it, and when you press one end of the probe against the object and then try to measure its length with another device like your smartphone or tablet, it gives out accurate results.
2D Measurement Touch Probe:
2D measurement touch probe is a device that enables 2D measurement of the surface or volume in which it is placed. It works on the principle of capacitive sensing, where a thin copper sheet or wire is used as a sensor and changes its resistance based on the object's proximity to it.
This technology has several advantages over other technologies such as optical, ultrasound and thermal; which are expected to drive market growth over the forecast period.
Application Insights:
The electronics industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this industry can be attributed to increasing demand for high-precision measurement tools in semiconductor manufacturing. The machinery manufacturing segment is also expected to register a significant CAGR during the forecast period owing to rising demand from various industries such as automotive, construction, etc.
The aerospace and defense application segment was valued at USD 801 million in 2018 and is anticipated to grow at a considerable rate over the coming years due to growing investments by governments worldwide on developing new aircraft technologies. Furthermore, technological advancements coupled with increased passenger travel requirements are likely drive product adoption across this sector as well.
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, such as China, India, and Japan. These countries are experiencing strong economic growth owing to various factors such as increasing industrial output, rising foreign investments in manufacturing facilities and equipment etc.
The electronics industry has witnessed significant growth due to technological advancements coupled with high demand for consumer electronics products like smartphones and tablets among others. This factor is anticipated to boost the demand for touch probe systems across Asia Pacific during the forecast period. Europe also accounted for a significant share of revenue in 2017 owing to growing machinery manufacturing sector along with increased spending on defense research & development activities by governments of major countries including Germany, France Russia Italy U K And Others).
Growth Factors:
- Increasing demand for automated inspection and quality control in manufacturing industries
- Growing adoption of industrial robots for various applications
- Rising demand for 3D printing and additive manufacturing technologies
- Proliferation of smart factories and Industry 4.0 initiatives worldwide
- Increasing investments in research and development activities for advanced measurement touch probes
Scope Of The Report
Report Attributes
Report Details
Report Title
Measurement Touch Probe Market Research Report
By Type
Linear Measurement Touch Probe, 2D Measurement Touch Probe, 3D Measurement Touch Probe, Other
By Application
Machinery Manufacturing, Automotive Industry, Electronics Industry, Aerospace and Defense, Other
By Companies
Renishaw, Zeiss, Heidenhain, Jenoptik, Hexagon, API - Automated Precision Europe, Bowers Group, Solartron Metrology, Mitutoyo, Werth Messtechnik, Big Daishowa, Magnescale, Onosokki
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Measurement Touch Probe Market Report Segments:
The global Measurement Touch Probe market is segmented on the basis of:
Types
Linear Measurement Touch Probe, 2D Measurement Touch Probe, 3D Measurement Touch Probe, 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 Industry, Electronics Industry, Aerospace and Defense, 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
- Zeiss
- Heidenhain
- Jenoptik
- Hexagon
- API - Automated Precision Europe
- Bowers Group
- Solartron Metrology
- Mitutoyo
- Werth Messtechnik
- Big Daishowa
- Magnescale
- Onosokki
Highlights of The Measurement Touch 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:
- Linear Measurement Touch Probe
- 2D Measurement Touch Probe
- 3D Measurement Touch Probe
- Other
- By Application:
- Machinery Manufacturing
- Automotive Industry
- Electronics Industry
- Aerospace and Defense
- 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 Measurement Touch 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?
A Measurement Touch Probe is a device that can be used to measure the touch pressure and location of a finger on a touchscreen. This information can then be used to determine how users are interacting with the touchscreen.
Some of the major players in the measurement touch probe market are Renishaw, Zeiss, Heidenhain, Jenoptik, Hexagon, API - Automated Precision Europe, Bowers Group, Solartron Metrology, Mitutoyo, Werth Messtechnik, Big Daishowa, Magnescale, Onosokki.
The measurement touch probe market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Measurement Touch Probe Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Measurement Touch Probe Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Measurement Touch Probe Market - Supply Chain
4.5. Global Measurement Touch Probe Market Forecast
4.5.1. Measurement Touch Probe Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Measurement Touch Probe Market Size (000 Units) and Y-o-Y Growth
4.5.3. Measurement Touch Probe Market Absolute $ Opportunity
5. Global Measurement Touch Probe Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Measurement Touch Probe Market Size and Volume Forecast by Type
5.3.1. Linear Measurement Touch Probe
5.3.2. 2D Measurement Touch Probe
5.3.3. 3D Measurement Touch Probe
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Measurement Touch Probe Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Measurement Touch Probe Market Size and Volume Forecast by Application
6.3.1. Machinery Manufacturing
6.3.2. Automotive Industry
6.3.3. Electronics Industry
6.3.4. Aerospace and Defense
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Measurement Touch Probe Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Measurement Touch Probe Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Measurement Touch Probe Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Measurement Touch Probe Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Measurement Touch Probe Demand Share Forecast, 2019-2026
9. North America Measurement Touch Probe Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Measurement Touch Probe Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Measurement Touch Probe Market Size and Volume Forecast by Application
9.4.1. Machinery Manufacturing
9.4.2. Automotive Industry
9.4.3. Electronics Industry
9.4.4. Aerospace and Defense
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Measurement Touch Probe Market Size and Volume Forecast by Type
9.7.1. Linear Measurement Touch Probe
9.7.2. 2D Measurement Touch Probe
9.7.3. 3D Measurement Touch Probe
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Measurement Touch Probe Demand Share Forecast, 2019-2026
10. Latin America Measurement Touch Probe Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Measurement Touch Probe Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Measurement Touch Probe Market Size and Volume Forecast by Application
10.4.1. Machinery Manufacturing
10.4.2. Automotive Industry
10.4.3. Electronics Industry
10.4.4. Aerospace and Defense
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Measurement Touch Probe Market Size and Volume Forecast by Type
10.7.1. Linear Measurement Touch Probe
10.7.2. 2D Measurement Touch Probe
10.7.3. 3D Measurement Touch Probe
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Measurement Touch Probe Demand Share Forecast, 2019-2026
11. Europe Measurement Touch Probe Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Measurement Touch Probe Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Measurement Touch Probe Market Size and Volume Forecast by Application
11.4.1. Machinery Manufacturing
11.4.2. Automotive Industry
11.4.3. Electronics Industry
11.4.4. Aerospace and Defense
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Measurement Touch Probe Market Size and Volume Forecast by Type
11.7.1. Linear Measurement Touch Probe
11.7.2. 2D Measurement Touch Probe
11.7.3. 3D Measurement Touch Probe
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Measurement Touch Probe Demand Share, 2019-2026
12. Asia Pacific Measurement Touch Probe Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Measurement Touch Probe Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Measurement Touch Probe Market Size and Volume Forecast by Application
12.4.1. Machinery Manufacturing
12.4.2. Automotive Industry
12.4.3. Electronics Industry
12.4.4. Aerospace and Defense
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Measurement Touch Probe Market Size and Volume Forecast by Type
12.7.1. Linear Measurement Touch Probe
12.7.2. 2D Measurement Touch Probe
12.7.3. 3D Measurement Touch Probe
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Measurement Touch Probe Demand Share, 2019-2026
13. Middle East & Africa Measurement Touch Probe Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Measurement Touch Probe Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Measurement Touch Probe Market Size and Volume Forecast by Application
13.4.1. Machinery Manufacturing
13.4.2. Automotive Industry
13.4.3. Electronics Industry
13.4.4. Aerospace and Defense
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Measurement Touch Probe Market Size and Volume Forecast by Type
13.7.1. Linear Measurement Touch Probe
13.7.2. 2D Measurement Touch Probe
13.7.3. 3D Measurement Touch Probe
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Measurement Touch Probe Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Measurement Touch Probe Market: Market Share Analysis
14.2. Measurement Touch Probe Distributors and Customers
14.3. Measurement Touch Probe Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Renishaw
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zeiss
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Heidenhain
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jenoptik
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hexagon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. API - Automated Precision Europe
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bowers Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solartron Metrology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitutoyo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Werth Messtechnik
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Big Daishowa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Magnescale
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Onosokki
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
