The global machine tool touch probe market size reached around USD 648.60 Million in 2024. The market is projected to grow at a CAGR of 3.50% between 2025 and 2034 to reach nearly USD 914.91 Million by 2034.
Vigorous Competition Among the Key Players to Boost the Growth of Global Market for Machine Tool Touch Probe
The market for machine tool touch probe is being driven by the vigorous competition among the key players as well as a healthy competitive platform for new entrants within this industry. The rising demand for advanced technology for the production of machine tools has enhanced the market for machine tool touch probe. The machine tool touch probe industry is being aided by the rising demand for quality verification of the machine parts in the manufacturing process. The product allows the easy verification of the quality of the machine parts and assists in measuring the dimension of workpieces more precisely. The use of machine tool touch probe helps players in the automotive industry beat critical challenges related to the quality and safety of the manufactured automotive parts.
Vigorous Competition Among the Key Players to Boost the Growth of Global Market for Machine Tool Touch Probe
The market for machine tool touch probe is being driven by the vigorous competition among the key players as well as a healthy competitive platform for new entrants within this industry. The rising demand for advanced technology for the production of machine tools has enhanced the market for machine tool touch probe. The machine tool touch probe industry is being aided by the rising demand for quality verification of the machine parts in the manufacturing process. The product allows the easy verification of the quality of the machine parts and assists in measuring the dimension of workpieces more precisely. The use of machine tool touch probe helps players in the automotive industry beat critical challenges related to the quality and safety of the manufactured automotive parts.
Machine Tool Touch Probe Industry Segmentation
Machine tool touch probe ensures the precise measure of the workpiece dimensions. It is connected with sensors that allow them to be carefully operated within the industry space.On the basis of offering, the market is divided into:
- Hardware
- Software
Based on transmission, the industry can be segmented into:
- Infrared
- Radio
- Hard Wired
By probe type, the market is segregated into:
- 3D Touch Probes
- 2D Spindle Probes
- Tool-Length Measuring Probes
- Tool Touch-Off Probes
- Others
On the basis of measuring technologies, the market is divided into:
- Optical
- Kinematic Resistive
- Strain Gauge
By machine type, the market is categorised into:
- CNC Machining Centre
- CNC Turning Centre
Based on axes measurement, the industry is divided into:
- 3-Axis Touch Probes
- 5-Axis Touch Probes
On the basis of end-use, the industry is categorised into:
- Automotive
- Defence and Aerospace
- Electronic
- General Machining
- Medical
- Petrochemical
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Growing Demand for Safety to Aid the Global Machine Tool Touch Probe Market Growth
The market for machine tool touch probe is rising due to the increasing demand for safety within the industry space. The use of machine tool touch probe ensures the precise measure of the work piece dimensions. It is connected with sensors that allow them to be safely operated within the industry space. The demand for safety is in high demand within various industries due to its ability to reduce cost and operational downtime, which enhances the productivity level of many operations. This is expected to push the market growth over the forecast period. Further, the market is gaining large traction due to accelerating demand for accuracy in various industries. The machine tool touch probe works in impossible conditions, which are unsustainable for humans and/or in conditions where it is not feasible for humans to work optimally, as a result aiding the market growth and is expected to retain high demand in the forecast period as well.Key Industry Players in the Global Machine Tool Touch Probe Market
The report gives a detailed analysis of the following key players in the global machine tool touch probe market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Renishaw plc.
- Hexagon AB
- DR. Johannes Heidenhain GmbH
- Blum-Novotest GmbH
- Marposs S.p.A.
- DP Technology Corp.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Machine Tool Touch Probe Market Analysis
6 North America Machine Tool Touch Probe Market Analysis
7 Europe Machine Tool Touch Probe Market Analysis
8 Asia-Pacific Machine Tool Touch Probe Market Analysis
9 Latin America Machine Tool Touch Probe Market Analysis
10 Middle East and Africa Machine Tool Touch Probe Market Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
The key companies featured in this Machine Tool Touch Probe market report include:- Renishaw plc.
- Hexagon AB
- DR. Johannes Heidenhain GmbH
- Blum-Novotest GmbH
- Marposs S.p.A.
- DP Technology Corp.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 173 |
| Published | August 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 648.6 Million |
| Forecasted Market Value ( USD | $ 914.91 Million |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 7 |
