Press release
Coordinate Measuring Machine Market 2025: Regional Growth Overview, Top Companies like Mitutoyo America Corporation, Hexagon AB, Creaform, ZEISS Industrial Metrology, NIKON METROLOGY, ITP Media Group, Accurate Engineering Company with Growth Factors
The global coordinate measuring machine market is projected to grow at a CAGR of 7.11% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Coordinate Measuring Machine Market, By Offering (Hardware, Software, Services), By Technology (Machine Vision, NDT, Metrology), By Product (Market overview , Bridge ,Articulated arm ,Horizontal arm ,Gantry)By End User (Market overview , Automotive industry ,Aerospace industry ,Other industry), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa.)– Industry Trends and Forecast to 2025
Complete report on Global Coordinate Measuring Machine Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Coordinate Measuring Machine Market
Global coordinate measuring machines are devices used for measuring the physical geometrical characteristics of an object. Coordinate measuring machine has four major components: computer control system, software, the machine and, probe contact or non-contact. Coordinate measuring machines have set the standard for reliability and accuracy of inspection of products across the manufacturing industries. Technology advancements for improved flexibility, ease of use and simplicity of the coordinate measuring machines, which are able to satisfy the inspection requirements are expected to witness a rapid market expansion. For instance, leading Chinese CMM builder AEH, located in Xi’an, has taken an alternative approach to its competitors by acquiring the German horizontal-arm supplier Mora in 2009. In addition it acquired the French CMM software company INSPECT 3D providing it with its own metrology software and a CMM distribution channel in Europe.
What Report offers to the buyers?
• To gain insightful analyses of the Coordinate Measuring Machine Industry and have comprehensive understanding of the global market and its commercial landscape.
• To understand the future outlook and prospects for the Coordinate Measuring Machine market with Marketing & Price (Price and Margin, Factors of Price Change, Manufacturers Gross Margin Analysis).
• Assess the production processes, major issues, and solutions.
• Market strategies that are being adopted by leading respective organizations
• Get a detailed picture of the Coordinate Measuring Machine Industry.
• Understand the competitive environment, major players and leading brands
• Seven-year forecasts to assess how the Coordinate Measuring Machine market is predicted to develop.
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Top Key Players:
• Carl Zeiss AG
• CHIEN WEI PRECISE TECHNOLOGY CO.LTD.
• Renishaw plc.
• Wenzel America, LTD.
• ITP GROUP
• International Metrology Systems
• Accurate Engineering Company Pvt. Ltd.
• Mitutoyo America Corporation
• HEXAGON
• ZEISS Industrial Metrology
• Nikon Metrology NV
• XI’AN HIGH-TECH AEH INDUSTRIAL METROLOGY CO.,LTD
• Werth Messtechnik Gmbh
• Helmel Engineering Products,Inc.
• CREAFORM
• among others.
Major Market Drivers and Restraints:
• Rise in EV sales
• Growing awareness with respect to safety and quality standards
• Use of metrology in new-generation nuclear power plants
• Increasing use of metrology in power sector
• Increase in number of commercial aircraft.
Core Objectives of Coordinate Measuring Machine market research
• To analyze global Coordinate Measuring Machine status, future forecast, growth opportunity, key market and key players.
• To present the Coordinate Measuring Machine development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
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Customize report of "Global Coordinate Measuring Machine Market" as per customers requirement also available.
Market Segmentations:
Global Coordinate Measuring Machine Market is segmented on the basis of
• Offering
• Technology
• Product
• End-User
• Geography
Market Segmentations in Details:
On the basis of Offering, the market is segmented into hardware, software and services.
On the basis of Technology, the market is segmented into machine vision, NDT and metrology. NDT are sub segmented into visual inspection, radiography, ultrasonic and eddy current.
On the basis of Product, the market is segmented bridge, articulated arm, horizontal arm, gantry.
On the basis of End-User, the global coordinate measuring machine market is segmented into automotive industry, aerospace industry and others.
On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Competitive Landscape: Global Coordinate Measuring Machine Market
The global coordinate measuring machine market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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