Global Coordinate Measuring Machine (CMM) Market report from Global Insight Services is the single authoritative source of intelligence on Coordinate Measuring Machine (CMM) Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restBlockchain Marketraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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A coordinate measuring machine (CMM) is a device that measures the physical geometry of an object. It does this by taking measurements at specific points on the object’s surface and then using these measurements to calculate the object’s dimensions. The measurements are typically taken with a laser or a touch probe, and the data is then analyzed by a computer.
CMM technology has been around for several decades, but it has only recently become widely used in manufacturing. This is due to the advances in computer technology that have made it possible to quickly and accurately analyze the data collected by the CMM.
CMM technology is used in a variety of industries, but it is particularly well suited for the automotive and aerospace industries. This is because these industries require very precise measurements of objects, and the CMM is able to provide these measurements with a high degree of accuracy.
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Key Trends and Drivers
The key drivers for the market growth are the increasing demand for quality control and inspection in the automotive and aerospace industries, and the growing adoption of 3D printing technology.
The automotive industry is the largest end-user of CMMs. The automotive industry is undergoing a shift from traditional manufacturing methods to 3D printing and additive manufacturing. This is resulting in the need for more accurate and precise measurement of automotive parts and components. As a result, the demand for CMMs in the automotive industry is expected to grow at a rapid pace during the forecast period.
The aerospace industry is the second-largest end-user of CMMs. The increasing demand for quality control and inspection in the aerospace industry is driving the growth of the CMM market. The aerospace industry is highly regulated, and there is a need for accurate and precise measurement of aerospace components. CMMs are used for the inspection of aircraft components, such as fuselage, wings, and engines.
The growing adoption of 3D printing technology is expected to drive the growth of the CMM market. 3D printing is a rapidly growing technology and is being adopted by various industries, such as automotive, aerospace, medical, and consumer goods. 3D printing requires accurate and precise measurement of parts and components. CMMs are used for the measurement of 3D printed parts.
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Market Segments
The Coordinate Measuring Machine (CMM) Market has been segmented into Offering, Product Type, and Region. Based on the Offering, the Coordinate Measuring Machine (CMM) Market is bifurcated into Product and Services. On the basis of Product Type, the market is bifurcated into Stationary and Portable. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
Some major key players of the Coordinate Measuring Machine (CMM) Market are Carl Zeiss AG (Germany), Creaform Inc. (Canada), Eley Metrology (UK), FARO Technologies Inc. (US), Hexagon AB (Sweden), Keyence Corporation (Japan), Metronor (Norway), Mitutoyo Corporation (Japan), Nikon Metrology NV (Belgium), and Tokyo Seimitsu Co. Ltd. (Japan).
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