Press release
Coordinate Measuring Machine (CMM) Market SWOT analysis, Growth, Share, Size and Demand outlook by 2031 | Keyence Corporation Metronor Mitutoyo Corporation Nikon Metrology NV Tokyo Seimitsu Co. Ltd.
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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.
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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
By Offering
Product
Services
By Product Type
Stationary
Portable
By Application
Inspection
Reverse Engineering
By End-User
Automotive
Aerospace & Defense
Energy & Power
Electronics
Others
Key Players
Carl Zeiss AG
Creaform Inc.
Eley Metrology
FARO Technologies Inc.
Hexagon AB
Keyence Corporation
Metronor
Mitutoyo Corporation
Nikon Metrology NV
Tokyo Seimitsu Co. Ltd.
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