Portable Coordinate Measuring Machines (CMM) Market (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | APEX Metrology Ltd Applied Automation Technologies Inc. Avon Dynamic Calibration Ltd

The global CMM market is anticipated to grow at a CAGR of 7.4% during the forecast period (2021-2027). Portable CMM collects the geometrical measurements of an object in 3D. Unlike traditional CMMs, portable CMMs are lightweight and easy to bring from one location to another, whether across a shop floor or to a lab in another city. Portable CMMs are comprised of an articulated arm or with seven rotary axes and rotary encoders, unlike traditional CMMs that are made with a granite table and a gantry or bridge superstructure which makes them less moveable. Portable CMMs have found their large scope in various end-user verticals which include aerospace & defense, automotive & manufacturing, medical device, energy & power, and others. Portable CMMs provides high accuracy in results, and they are robust enough to work in a wide range of environments. Besides, the tolerances of CMMs can be adjusted, depending on the projects. Due to these advantages, their adoption in above verticals is gaining popularity which is driving the market growth.

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Geographically, the global CMM market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). North America is expected to have a significant share in the market during the forecast period. The US and Canada are the two major economies contributing high in the growth of the market. The well-developed automotive, aerospace, and defense industry in the region is the key factor driving the scope of CMMs market in the region. The US is a hub to aerospace companies including Boeing, Lockheed Martin and so on. The demand for high precision work is also expected to augment the market in the region.

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• Market Coverage
• Market number available for - 2024-2030
• Base year- 2023
• Forecast period- 2024-2030
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Portable CMM Market, By Type
o Articulating Arm
o Laser Trackers
o Optical

Global Portable CMM Market, By Application
o Quality Control & Inspection
o Reverse Engineering
o Virtual Simulation
o Others

Global Portable CMM Market, By End-User
o Aerospace & Defense
o Automotive& Manufacturing
o Medical Device
o Energy & Power
o Others

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East & Africa

Company Profiles
o APEX Metrology Ltd
o Applied Automation Technologies Inc.
o Avon Dynamic Calibration Ltd
o Baker Gauges India Pvt. Ltd.
o ZEISS Industrial Metrology
o Creaform, Inc. (AMETEK, Inc.)
o Eley Metrology, Ltd.
o FARO Technologies Ltd.
o GOM GmbH
o Hexagon AB
o International Metrology Systems
o Keyence Corp.
o Mitutoyo Corp.
o N J Metrology Ltd.
o Nikon Metrology, Inc.
o Tokyo Seimitsu Co. Ltd.
o Wenzel Group
o Zeiss Group

The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global CMM market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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