Coordinate Measuring Machine Market Size, Share, Future Prospects and Forecast 2019-2025

Coordinate measuring machine (CMM) market is growing significantly during the forecast period. CMM is used for the measurement of the physical characteristics of an object in all three dimensions (3D). The growth of the CMM market is driven by rising demand of reverse engineering in various industries such as automotive, heavy machinery, and plastic. Further, continuous growth in CMM’s application and significant growth in the 3D printing industry is also contributing in the growth of the market. CMM uses a probe which remains attached to the moving axis of the machine which can define the measurement of the object. The function of a CMM is to obtain the 3D coordinates of the required object which can be used for further modeling and analysis. It is also used in the manufacturing and assembly process in order to test the object against the intended design. Its application market includes automotive, aerospace, defense, plastic industry, medical devices, energy, heavy machinery and so on. One of the restraints to the growth of the market is the high cost of machinery. High asset turnover ratio is also reducing overall sales of the new machines hence restrain the growth of the global industry.

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Market Players Outlook

The major players that contribute to the growth of the global CMM market include Carl Zeiss AG, Eley Metrology Ltd., Faro Technologies, Inc., Hexagon AB, Mitutoyo Corp., Nikon Metrology, Inc., and The Sempre Group, Ltd. These are the major market player which are providing CMM machines along with their aftermarket services. They are adopting various market approaches which include merger and acquisition, partnership with government and power companies in order to gain a strong position in the market.

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Recent Activities

• In April 2019, Carl Zeiss AG acquired GOM GmbH. The company offers hardware and software for automated 3D coordinate measuring technology. The aim of the acquisition is to strengthen its market position in the area of optical digitization systems.
• In May 2019, Mitutoyo Corp. has launched MiSTAR 555 at Control Expo, Stuttgart, Germany. The machines can work between the temperature range of 10 and 40°C with the resolution stated at 0,1 µm.
• In July 2018, Hexagon has acquired the software company External-Array. It is a supplier of RationalDMIS coordinate measuring machine (CMM) software. The acquisition will increase the product portfolio of the company in the RationalDMIS software segment.

Market Segmentation

Global CMM Market by Type

• Bridge
• Cantilever
• GantryHorizontal arm

Global CMM Market by Operation Mode

• Manual
• Semi-Automatic
• Fully Automatic

Global CMM Market by End-User

• Aerospace & Defence
• Medical Device
• Automotive & Manufacturing
• Energy & Power
• Other

Regional Analysis

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

Company Profiles

• Baker Gauges India Pvt. Ltd.
• Carl Zeiss AG
• Creaform, Inc. (AMETEK, Inc.)
• Dukin Co., Ltd.
• Eley Metrology, Ltd.
• Faro Technologies, Inc.
• GOM GmbH
• Helmel Engineering Products, Inc.
• Hexagon AB
• Impact Metrology Systems, Ltd.
• Keyence Corp.
• Metronor AS
• Mitutoyo Corp.
• Nikon Metrology, N.V.
• Perceptron, Inc
• RedLux, Ltd.
• The Sempre Group, Ltd.
• Tokyo Seimitsu Co., Ltd. (ACCRETECH)
• Trimek, S.A.
• WENZEL Group GmbH & Co. KG

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