The global optical coordinate measuring machine market size reached a value of around USD 3.70 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 8.80% to reach USD 8.60 Billion by 2034.
Increasing Demand for Bridge Optical Coordinate Measuring Machines in Various End Use Industries to Augment Market Growth
Bridge optical coordinate measuring machines are extremely accurate and exhibit high tolerance to machine parts. In addition to this, bridge CMMs are compatible with small to medium sizes of machines used in various end use industries. Hence, the product is witnessing a significant demand from different industries. Moreover, bridge CMMs allows multi sensor measurements including scanning and probing.
The bridge CMMs are also convenient for workers as they can be controlled manually, as well as through computers. The cost of bridge CMMs is lower as compared to its counter parts. In this regard, over the forecast period, the anticipated increase in demand for cost-effective measuring machines across industries such as automotive, and aerospace, among others, is likely to propel the segment’s growth, surging the optical coordinate measuring machine market.
The increasing applications of optical coordinate measuring machines in the aerospace and defence industry for quality assurance and precision engineering is driving the optical coordinate measuring machine market growth. In addition to this, the technological advancements of military aircrafts, weapon systems and increasing manufacturing capacity of the unmanned aerial vehicles are generating a high demand for measurement systems with greater accuracy. Measurement systems are used in aerospace and defence sector for prolonged hours, as much as 16 hours a day. This factor is leading to a higher spending on the maintenance of CMMs.
Over the forecast period, the growing research and development activities in the automotive industry to produce lightweight and fuel-efficient passenger vehicles are likely to boost the demand for CMMs with high mechanical performance and greater reliability. Therefore, this factor is likely to lead to progressive product innovations in the coming years. Furthermore, the market is anticipated to be aided by the increasing popularity of portable optical coordinate measuring machines in various end use sectors.
Increasing Demand for Bridge Optical Coordinate Measuring Machines in Various End Use Industries to Augment Market Growth
Bridge optical coordinate measuring machines are extremely accurate and exhibit high tolerance to machine parts. In addition to this, bridge CMMs are compatible with small to medium sizes of machines used in various end use industries. Hence, the product is witnessing a significant demand from different industries. Moreover, bridge CMMs allows multi sensor measurements including scanning and probing.
The bridge CMMs are also convenient for workers as they can be controlled manually, as well as through computers. The cost of bridge CMMs is lower as compared to its counter parts. In this regard, over the forecast period, the anticipated increase in demand for cost-effective measuring machines across industries such as automotive, and aerospace, among others, is likely to propel the segment’s growth, surging the optical coordinate measuring machine market.
The Asia Pacific Region Holds a Significant Market Share of Optical Coordinate Measuring Machines
The market in the Asia Pacific region is being driven by the strong foothold of major manufacturing companies in the region. The steady economic growth attained by countries like India and China is expected to provide significant growth opportunities to industries such as automotive and aerospace and defence. This is likely to lead to enhanced manufacturing capabilities, thereby, propelling the demand for the optical coordinate measuring machine market in the forecast period. The anticipated rise in demand for electric automobiles in countries like Japan and South Korea are likely to generate the demand for superior quality CMMs.Market Segmentation
An optical coordinate measuring machine, also known as computer numerical control image measuring machine, is defined as an equipment which is used to measure the dimension of a physical object. This device uses automated technology to carry out fast and accurate measurements of a body. Optical coordinate measuring machine can be varied based on different types according to the requirements.Market Breakup by Product
- Multi-sensor
- 2D Vision Measurement Machine
- 3D Vision Measurement Machine
Market Breakup by End Use
- Aerospace and Defence
- Automotive
- Heavy Machinery and Metal Fabrication
- Others
Market Breakup by Machine
- Articulated
- Bridge
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The increasing applications of optical coordinate measuring machines in the aerospace and defence industry for quality assurance and precision engineering is driving the optical coordinate measuring machine market growth. In addition to this, the technological advancements of military aircrafts, weapon systems and increasing manufacturing capacity of the unmanned aerial vehicles are generating a high demand for measurement systems with greater accuracy. Measurement systems are used in aerospace and defence sector for prolonged hours, as much as 16 hours a day. This factor is leading to a higher spending on the maintenance of CMMs.
Over the forecast period, the growing research and development activities in the automotive industry to produce lightweight and fuel-efficient passenger vehicles are likely to boost the demand for CMMs with high mechanical performance and greater reliability. Therefore, this factor is likely to lead to progressive product innovations in the coming years. Furthermore, the market is anticipated to be aided by the increasing popularity of portable optical coordinate measuring machines in various end use sectors.
Key Players in the Global Market for Optical Coordinate Measuring Machine
The report gives a detailed analysis of the following key players in the global optical coordinate measuring machine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Quality Vision International
- Werth Messtechnik GmbH
- Hexagon AB
- Mitutoyo America Corporation
- Zeiss International
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Optical Coordinate Measuring Machine Market Analysis
6 North America Market Analysis
7 Europe Market Analysis
8 Asia Pacific Market Analysis
9 Latin America Market Analysis
10 Middle East and Africa Market Analysis
11 Market Dynamics
13 Trade Data Analysis (HS Code - 93149)
14 Competitive Landscape
Companies Mentioned
- Quality Vision International
- Werth Messtechnik GmbH
- Hexagon AB
- Mitutoyo America Corporation
- Zeiss International
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 164 |
Published | July 2025 |
Regions Covered | Global |
No. of Companies Mentioned | 5 |