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Coordinate Measuring Machine (CMM) market was valued at US$ 5842 million in 2022 and is anticipated to reach US$ 8709.2 million by 2029, witnessing a CAGR of 5.8% - Valuates Reports
The global Coordinate Measuring Machine (CMM) market was valued at US$ 5842 million in 2022 and is anticipated to reach US$ 8709.2 million by 2029, witnessing a CAGR of 5.8% during the forecast period 2023-2029.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-19I620/Global_Coordinate_Measuring_Machine_CMM_Market_Insights_and_Forecast_to_2028
Coordinate Measuring Machine (CMM) Market
A coordinate measuring machine (CMM) is a device for measuring the physical geometrical characteristics of an object. This machine may be manually controlled by an operator or it may be computer controlled. Measurements are defined by a probe attached to the third moving axis of this machine. Probes may be mechanical, optical, laser, or white light, among others. A machine which takes readings in six degrees of freedom and displays these readings in mathematical form is known as a CMM.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Europe is the largest manufacture region with about 28% market share. North America is follower.
The key players are Hexagon, Zeiss, Mitutoyo, Nikon, Werth, COORD3, Wenzel, Tokyo Seimitsu, Helmel, Dukin, Aberlink, AEH, Leader Metrology etc. Hexagon is the largest manufacturer with about 16% market share.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Coordinate Measuring Machine (CMM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Coordinate Measuring Machine (CMM).
The Coordinate Measuring Machine (CMM) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Coordinate Measuring Machine (CMM) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Coordinate Measuring Machine (CMM) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
-Bridge CMM
-Horizontal CMM
-Articulated-Arm CMM
-Others
Segment by Application
-Machinery Manufacturing
-Automotive Industry
-Electronics Industry
-Aerospace and Defense
-Others
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