PUBLISHER: Grand View Research | PRODUCT CODE: 1530555
PUBLISHER: Grand View Research | PRODUCT CODE: 1530555
Coordinate Measuring Machine Market Size, Share & Trends Analysis Report By Type (Fixed CMM, Portable CMM), By Industry Vertical (Automotive, Heavy Machinery Manufacturing, Aerospace, Electronics), By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends
The global coordinate measuring machine market size was estimated at USD 3.20 billion in 2023 and is expected to grow at a CAGR of 8.7% from 2024 to 2030. A coordinate measuring machine (CMM) serves as a vital tool within manufacturing and assembly processes. These machines, capable of both manual and computer-controlled operation, primarily function to measure the physical geometrical characteristics of objects, ensuring parts and assemblies adhere to their design specifications. CMMs utilize a probing system to detect discrete points on the surface of the object, which is then used to generate a 3D representation of the part being measured. The data obtained from CMMs is critical for quality control and assurance in various industries, including automotive, aerospace, electronics, and medical devices.
The CMM market has been experiencing significant evolution due to advancements in technology and increasing demand for precision and efficiency in manufacturing processes. One notable trend is the integration of CMMs with automation and smart manufacturing systems. This integration allows for real-time data collection and analysis, enhancing production efficiency and reducing human error. Additionally, portable CMMs are gaining popularity due to their flexibility and convenience, enabling measurements in different locations within a manufacturing facility. The shift towards non-contact CMMs, which use optical or laser sensors, is also notable as they offer higher speed and the ability to measure delicate or soft materials without causing damage.
The use of CMMs is subject to various international standards and regulations to ensure accuracy and reliability in measurements. Standards such as ISO 10360, which specifies the acceptance and re-verification tests for CMMs, are crucial for maintaining the consistency and quality of measurements. Compliance with these standards is essential for manufacturers to achieve certification and meet customer expectations. Industry-specific regulations, such as those in the aerospace sector (AS9100), require stringent quality assurance processes, further driving the adoption of CMMs to meet these regulatory demands.
The increasing complexity of manufactured parts, particularly in the automotive and aerospace industries, necessitates the use of advanced measurement tools to ensure precision and quality. The rise of Industry 4.0 and smart manufacturing initiatives is another significant driver as manufacturers seek to enhance productivity through automation and real-time data analysis. Additionally, the growing emphasis on quality control and adherence to international standards across various industries is propelling the demand for CMMs. The expansion of the electronics industry, particularly in emerging economies, is also contributing to market growth, as precise measurement tools are essential for the production of high-quality electronic components.
However, the high cost of advanced CMMs can be a significant barrier for small and medium-sized enterprises (SMEs), limiting their adoption. The complexity of CMM operations and the need for skilled personnel to operate and maintain these machines also pose challenges, as there is a need for more qualified technicians in the market. Additionally, the rapid pace of technological advancements means that CMMs can quickly become obsolete, leading to higher replacement and upgrade costs for manufacturers. Economic fluctuations and uncertainties in global trade policies can also impact the investment in new CMM technologies, particularly in industries sensitive to economic cycles.
Nonetheless, the increasing adoption of additive manufacturing (3D printing) presents a significant opportunity, as CMMs are essential for ensuring the quality of 3D-printed parts. The trend towards miniaturization in electronics and medical devices also creates a demand for more precise measurement tools, further driving CMM adoption. Additionally, the expansion of the manufacturing sector in emerging economies such as China and India provides a vast market for CMMs, as these regions increasingly emphasize quality control and adherence to international standards.
Technological advancements in CMMs, such as the development of multi-sensor systems and advancements in software capabilities, are also opening new avenues for market growth. These innovations enable more comprehensive and accurate measurements, enhancing the overall value proposition of CMMs. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) in CMMs can lead to predictive maintenance and improved measurement accuracy, providing a competitive edge for manufacturers who adopt these advanced systems.
Global Coordinate Measuring Machine Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global coordinate measuring machine market report based on type, industry vertical, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Fixed CMM
Bridge
Cantilever
Gantry
- Portable CMM
Articulated Arm
Handheld
- Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Aerospace
- Heavy Machinery Manufacturing
- Energy & Power
- Electronics
- Healthcare
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
- Europe
Germany
UK
France
Italy
Spain
- Asia Pacific
China
India
Japan
Australia
South Korea
- Latin America
Brazil
- Middle East & Africa (MEA)
United Arab Emirates (UAE)
Kingdom of Saudi Arabia (KSA)
South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.4. Information Analysis
- 1.4.1. Market Formulation & Data Visualization
- 1.4.2. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.2. Market Restraint Impact Analysis
- 3.3.3. Market Opportunity Impact Analysis
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.2. PESTEL Analysis
Chapter 4. Coordinate Measuring Machine (CMM) Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Coordinate Measuring Machine (CMM) Market Estimates & Forecast, By Type
- 4.2.1. Fixed CMM
- 4.2.1.1. Bridge
- 4.2.1.2. Cantilever
- 4.2.1.3. Gantry
- 4.2.2. Portable CMM
- 4.2.2.1. Articulated Arm
- 4.2.2.2. Handheld
- 4.2.1. Fixed CMM
Chapter 5. Coordinate Measuring Machine (CMM) Market: Industry Vertical Estimates & Trend Analysis
- 5.1. Industry Vertical Movement Analysis & Market Share, 2023 & 2030
- 5.2. Coordinate Measuring Machine (CMM) Market Estimates & Forecast, By Industry Vertical
- 5.2.1. Automotive
- 5.2.2. Aerospace
- 5.2.3. Heavy Machinery Manufacturing
- 5.2.4. Energy & Power
- 5.2.5. Electronics
- 5.2.6. Healthcare
- 5.2.7. Others
Chapter 6. Coordinate Measuring Machine (CMM) Market: Regional Estimates & Trend Analysis
- 6.1. Coordinate Measuring Machine (CMM) Market: Regional Outlook
- 6.2. North America
- 6.2.1. North America Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Germany Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.3.4. UK
- 6.3.4.1. UK Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.3.5. France
- 6.3.5.1. France Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.4.3. India
- 6.4.3.1. India Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.4.4. Japan
- 6.4.4.1. Japan Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.4.5. Australia
- 6.4.5.1. Australia Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.4.6. South Korea
- 6.4.6.1. South Korea Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa (MEA)
- 6.6.1. Middle East and Africa (MEA) Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.6.2. United Arab Emirates (UAE)
- 6.6.2.1. United Arab Emirates (UAE) Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.6.3. Kingdom of Saudi Arabia (KSA)
- 6.6.3.1. Kingdom of Saudi Arabia (KSA) Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Coordinate Measuring Machine (CMM) market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Financial Performance
- 7.3. Product Benchmarking
- 7.4. Company Market Share Analysis, 2023
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Collaborations
- 7.5.3. Mergers & Acquisitions
- 7.5.4. Product Launches
- 7.5.5. Partnerships
- 7.5.6. Others
- 7.6. Company List
- 7.6.1. Carl Zeiss AG
- 7.6.2. COORD 3 S.R.L.
- 7.6.3. Creaform 3D
- 7.6.4. FARO Technologies, Inc.
- 7.6.5. Hexagon AB
- 7.6.6. Keyence Corporation
- 7.6.7. Micro Vu Corporation
- 7.6.8. Mitutoyo Corporation
- 7.6.9. Nikon Metrology NV
- 7.6.10. Perceptron, Inc.
- 7.6.11. Qingdao Leader Metrology Instruments Co.
- 7.6.12. Renishaw plc
- 7.6.13. Tokyo Seimitsu Co., Ltd.
- 7.6.14. Wenzel Group
- 7.6.15. Werth Messtechnik GmbH
List of Tables
- Table 1 Coordinate Measuring Machine (CMM) market, (USD Million) 2018 - 2030
- Table 2 Global market estimates and forecasts, by region, 2018 - 2030 (USD Million)
- Table 3 Global market estimates and forecasts, by type, 2018 - 2030 (USD Million)
- Table 4 Global market estimates and forecasts, by industry vertical, 2018 - 2030 (USD Million)
- Table 5 Fixed Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 6 Bridge Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 7 Cantilever Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 8 Gantry Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 9 PorTable Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 10 Articulated Arm Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 11 Handheld Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 12 Automotive Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 13 Aerospace Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 14 Heavy Machinery Manufacturing Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 15 Energy & Power Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 16 Electronics Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 17 Healthcare Coordinate Measuring Machine (CMM), by region, 2018 - 2030 (USD Million)
- Table 18 Others Coordinate Measuring Machine (CMM) market, by region, 2018 - 2030 (USD Million)
- Table 19 North America Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 20 North America Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 21 U.S. Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 22 U.S. Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 23 Canada Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 24 Canada Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 25 Mexico Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 26 Mexico Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 27 Europe Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 28 Europe Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 29 Germany Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 30 Germany Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 31 UK Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 32 UK Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 33 France Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 34 France Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 35 Italy Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 36 Italy Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 37 Spain Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 38 Spain Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 39 Asia Pacific Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 40 Asia Pacific Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 41 China Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 42 China Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD 6Million)
- Table 43 India Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 44 India Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 45 Japan Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 46 Japan Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 47 Australia Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 48 Australia Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 49 South Korea Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 50 South Korea Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 51 Latin America Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 52 Latin America Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 53 Brazil Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 54 Brazil Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 55 Middle East & Africa Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 56 Middle East & Africa Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 57 United Arab Emirates (UAE) Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 58 United Arab Emirates (UAE) Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 59 Kingdom of Saudi Arabia (KSA) Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 60 Kingdom of Saudi Arabia (KSA) Coordinate Measuring Machine (CMM) market, by Industry vertical, 2018 - 2030 (USD Million)
- Table 61 South Africa Coordinate Measuring Machine (CMM) market, by type, 2018 - 2030 (USD Million)
- Table 62 South Africa Coordinate Measuring Machine (CMM) market, by industry vertical, 2018 - 2030 (USD Million)
- Table 63 Company Market Share, 2023
- Table 64 Key companies undergoing expansion
- Table 65 Key companies undergoing collaborations
- Table 66 Key companies undergoing new product launch
- Table 67 Key companies undergoing mergers & acquisitions
- Table 68 Key companies undergoing other strategies
List of Figures
- Fig. 1 Coordinate Measuring Machine (CMM) Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Information Analysis
- Fig. 4 Market Formulation & Data Visualization
- Fig. 5 Data Validation & Publishing
- Fig. 6 Coordinate Measuring Machine (CMM) Market Snapshot
- Fig. 7 Segment Snapshot
- Fig. 8 Competitive Landscape Snapshot
- Fig. 9 Coordinate Measuring Machine (CMM) Market Value, 2023 & 2030 (USD Million)
- Fig. 10 Coordinate Measuring Machine (CMM) - Industry Value Chain Analysis
- Fig. 11 Coordinate Measuring Machine (CMM) Market - Market Dynamics
- Fig. 12 Coordinate Measuring Machine (CMM) Market: PORTER's Analysis
- Fig. 13 Coordinate Measuring Machine (CMM) Market: PESTEL Analysis
- Fig. 14 Coordinate Measuring Machine (CMM) Market, by Type: Key Takeaways
- Fig. 15 Coordinate Measuring Machine (CMM) Market, by Type: Market Share, 2023 & 2030
- Fig. 16 Coordinate Measuring Machine (CMM) Market, by Industry Vertical: Key Takeaways
- Fig. 17 Coordinate Measuring Machine (CMM) Market, by Industry Vertical: Market Share, 2023 & 2030
- Fig. 18 Coordinate Measuring Machine (CMM) Market, by Region, 2023 & 2030, (USD Million)
- Fig. 19 Regional Marketplace: Key Takeaways
- Fig. 20 North America Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 21 U.S. Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 22 Canada Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 23 Mexico Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 24 Europe Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 25 Germany Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 26 UK Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 27 France Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 28 Italy Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 29 Spain Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 30 Asia Pacific Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 31 China Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 32 India Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 33 Japan Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 34 Australia Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 35 South Korea Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 36 Latin America Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 37 Brazil Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 38 Middle East and Africa (MEA) Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 39 United Arab Emirates (UAE) Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 40 Kingdom of Saudi Arabia Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 41 South Africa Coordinate Measuring Machine (CMM) Market Estimates & Forecast, 2018 - 2030 (USD Millions)
- Fig. 42 Company Market Share Analysis, 2023
- Fig. 43 Strategic Framework
