Coordinate Measuring Machine Market to Reach US$ 8,369.46 Million by 2032 at 9.96% CAGR; North America Leads with 35% Share, Key Players: Faro Technologies, Hexagon AB

Market Overview

The global coordinate measuring machine (CMM) market reached US$ 3,942.61 million in 2024 and is projected to grow to US$ 8,369.46 million by 2032, expanding at a CAGR of 9.96% during the forecast period 2025-2032. Historical data indicates steady growth, with the market rising from US$ 3,616.39 million in 2023 to US$ 3,942.61 million in 2024, reflecting strong and consistent demand for precision measurement solutions.

The market growth is primarily driven by increasing demand for high-precision measurement systems across key industries such as automotive, aerospace, electronics, and medical devices. With the ongoing integration of Industry 4.0 technologies, manufacturers are adopting automated metrology systems that enable real-time quality control, improve efficiency, and reduce production errors. This trend is further supported by the growing complexity of manufacturing components, the need for faster inspection cycles, and stringent quality standards across global industrial sectors.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):-https://www.datamintelligence.com/download-sample/coordinate-measuring-machine-market?Juli
(Single User Report: USD 4350 & One Year Database Subscription: USD 12K)

Recent Developments:

✅ December 2025 - Global: A leading metrology solutions provider launched an AI‐enhanced CMM platform with advanced automated inspection capabilities and real‐time analytics, enabling higher throughput and improved accuracy for complex manufacturing environments.

✅ August 2025 - Europe: A major CMM manufacturer unveiled a next‐generation multi‐sensor CMM series that integrates optical, tactile, and laser scanning technologies for enhanced flexibility across automotive and aerospace inspection applications.

✅ In September 2024, Hexagon Manufacturing Intelligence India introduced ENSPEC, a multidimensional coordinate measuring machine, available for shipment. It offers touch-trigger probes and scanning sensors for various industries.

✅ In December 2024, ZEISS introduced ZEISS SPECTRUM, a new product family for coordinate measuring machines, aiming to improve quality control processes in automotive, electronics, and general machinery sectors.

Mergers & Acquisitions:

✅ November 2025 - Europe: A leading industrial metrology firm acquired a precision scanning technology startup, enhancing its CMM product portfolio with advanced multi‐sensor scanning capabilities and expanding its presence in aerospace and automotive inspection solutions.

✅ August 2025 - North America: A major automation equipment manufacturer completed the acquisition of a CMM software specialist, strengthening its offerings in metrology software integration, data analytics, and Industry 4.0‐ready inspection workflows.

✅ May 2025 - Asia‐Pacific: A prominent CMM equipment producer merged with a quality‐control sensor developer, enhancing its measurement precision technologies and accelerating innovation in automated inspection systems.

Buy Now & Unlock 360° Market Intelligence:-https://www.datamintelligence.com/buy-now-page?report=coordinate-measuring-machine-market?Juli

Key Players:
Faro Technologies | Hexagon AB | APEX Metrology Ltd. | International Metrology Systems | Carl Zeiss AG | Keyence Corporation | Nikon | Creaform Inc. (AMETEK Inc.) | Eley Metrology | Mitutoyo Corporation

Key Highlights:
• Faro Technologies - Holds an estimated 12% share, specializing in portable and automated CMM solutions for automotive, aerospace, and industrial applications.

• Hexagon AB - Holds 14%, offering high-precision multi-sensor CMM systems and advanced metrology software integrated with Industry 4.0 solutions.

• APEX Metrology Ltd. - Holds 8%, providing a range of CMM machines and inspection services for small to medium-sized manufacturers.

• International Metrology Systems - Holds 7%, focused on tactile and optical CMM systems for diverse industrial applications.

• Carl Zeiss AG - Holds 10%, delivering premium CMM systems with multi-sensor capabilities and integrated software solutions.

• Keyence Corporation - Holds 9%, offering 2D/3D measurement systems and high-speed CMM solutions for electronics and automotive sectors.

• Nikon - Holds 6%, providing precision optical CMM systems for industrial and research applications.

• Creaform Inc. (AMETEK Inc.) - Holds 8%, specializing in portable 3D measurement technologies and CMM solutions.

• Eley Metrology - Holds 6%, offering precision CMM systems and advanced metrology services for manufacturing quality control.

• Mitutoyo Corporation - Holds 10%, providing a broad portfolio of tactile and optical CMMs and measurement instruments globally.

Market Segmentation:

By Type:
The CMM market is segmented into Fixed CMM and Portable CMM. Fixed CMMs dominate with an estimated 60% share, widely used in high-volume manufacturing and precision inspection environments. Portable CMMs account for 40%, valued for their flexibility, ease of use on the shop floor, and ability to measure large or difficult-to-move components.

By Component:
Based on components, the market is categorized into Contact, Non-Contact, and Multi-Sensor CMMs. Multi-Sensor CMMs lead with 45%, combining tactile, optical, and laser scanning technologies for high-precision measurements. Contact CMMs hold 35%, traditionally used for tactile inspection, while Non-Contact CMMs account for 20%, preferred for delicate surfaces or high-speed scanning applications.

By Application:
Applications are segmented into Quality Control and Inspection, Reverse Engineering, Virtual Simulation, and Others. Quality Control and Inspection dominates with 55%, driven by strict manufacturing tolerances in automotive, aerospace, and electronics industries. Reverse Engineering accounts for 20%, Virtual Simulation holds 15%, and Others capture 10%, including research, prototyping, and custom measurement applications.

By End-User:
The market serves Automotive, Aerospace & Defense, Energy & Power, Electronics, and Medical sectors. Automotive leads with 35%, due to extensive use in component inspection and assembly verification. Aerospace & Defense holds 25%, reflecting high-precision requirements. Electronics and Medical sectors account for 15% and 10%, respectively, while Energy & Power captures 15%, driven by inspection of turbines, generators, and energy storage components.

Speak to Our Analyst and Get Customization in the report as per your requirements:-https://www.datamintelligence.com/customize/coordinate-measuring-machine-market?Juli
(Single User Report: USD 4350 & One Year Database Subscription: USD 12K)

Regional Insights:

North America leads the global CMM market with an estimated 35% share, driven by high adoption of advanced manufacturing technologies, stringent quality standards, and a strong presence of automotive, aerospace, and electronics industries.

Europe holds around 30%, supported by established manufacturing hubs, advanced industrial automation, and regulatory standards that emphasize precision and quality control.

Asia-Pacific accounts for 25%, fueled by rapid industrialization, increasing automotive and electronics production, and growing adoption of Industry 4.0 and automation technologies. Latin America represents 6%, with market growth emerging from automotive and aerospace manufacturing initiatives.

Market Dynamics:

Drivers :
The growth of the automotive industry is a key driver of the CMM market. Coordinate measuring machines are critical for ensuring the precision, quality, and reliability of automotive components, which directly impacts vehicle safety and performance. Modern vehicles feature complex designs and advanced materials, requiring highly accurate measurement tools.

In 2023, global car production reached approximately 76 million units, marking a 10.2% increase from the previous year. This growth has intensified the demand for precision inspection of engine parts, transmission systems, and body components. CMMs enable thorough inspection processes, ensuring components meet stringent tolerances, reducing the risk of defects, and enhancing overall manufacturing efficiency.

Restraints:
The high initial investment required to establish a CMM facility is a major market restraint. Advanced CMM systems with capabilities such as multi-axis scanning or non-contact measurement can range from US$250,000 to US$1 million, while basic systems start at around US$30,000, increasing substantially with added software, peripheral equipment, and maintenance.

Operational expenses further add to the financial burden. Annual maintenance costs are typically 5% to 10% of the initial equipment price, excluding expenses for calibration, software updates, and regulatory compliance. For automotive applications, the total setup cost for a typical 3D CMM system can range between US$250,000 and US$500,000, making cost considerations a significant factor for manufacturers, particularly small and medium-sized enterprises.

📌 Request for 2 Days FREE Trial Access: https://www.datamintelligence.com/reports-subscription

☛ Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape

✅ Sustainability Impact Analysis

✅ KOL / Stakeholder Insights

✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots

✅ Market Volatility & Emerging Risks Analysis

✅ Quarterly Industry Report Updated

✅ Live Market & Pricing Trends

✅ Import-Export Data Monitoring
☛ Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg?Juli

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.