Shorter Product Lifecycle, Increased Need for In-line Metrology Solutions, and Technology Developments will Continue to Drive the Market
Coordinate measuring machines (CMMs) have changed the way dimensional measurements are made in manufacturing facilities. The ability of CMMs to provide accurate measurements, while saving operational costs and improving productivity, has been a key reason for the growth of the CMM market over the past decade. Increased penetration across different manufacturing verticals would have not been possible with an array of technological developments that improved capabilities and created new CMM product categories. This has had a positive impact on market growth. As there will always be a requirement for measuring dimensional accuracy, CMMs will continue to be adopted in the future as well.
Meanwhile, end-user requirements are becoming increasingly challenging. For instance, the rising demand for in-line metrology solutions, productivity, and flexibility, along with improved accuracy, is testing the limits of CMM solutions. In such a scenario, the question to be asked is will the CMM market lose growth to competing solutions such as Optical Digitized Scanners (ODS) and laser trackers that offer more productivity?
This research service titled “Global Coordinate Measuring Machines Market, Forecast to 2023” is focused on evaluating the current state of the market and its future evolution, while answering several other questions.
Research Scope
This study focuses on identifying the size of the CMM market, market trends, impact of mega trends, and growth opportunities, as well as region- and vertical-specific trends that will impact growth during the forecast period. The product segments covered are bridge CMMs, gantry CMMs, horizontal-arm CMMs, articulated-arm CMMs, and handheld CMMs. This research services also analyzes trends in the global CMM market by region, covering North America (NA), Europe, Asia Pacific (APAC), and Rest of the World (RoW). It also studies dynamics specific to key countries in each of these regions, including the United States of America (USA), Canada, the United Kingdom (UK), Germany, France, Italy, China, India, and Japan. Key end-user verticals covered in this study include aerospace, automotive, machine shop (including heavy machinery, metal fabrication), and others.
Key Issues Addressed
- Is the market growing, how long will it continue to grow, and at what rate?
- Which market segments have higher growth potential?
- Are the CMM solutions offered today meeting customer needs or is additional development needed?
- What are the key mega trends that influence the growth of the CMM market?
- Which verticals will offer higher growth rate and why??
