IVISYS is a leading machine vision company, provides fully automated quality control inspection machines & industrial vision systems. They offer a range of standardized inspection modules suitable for all kinds of visual inspection.
The report "Coordinate Measuring Machine (CMM) Market by Type (Bridge, Cantilever, Articulated Arm, Handheld), Application (Quality Control & Inspection, Reverse Engineering), Industry (Automotive, Heavy Machinery), and Geography - Global Forecast to 2023", The CMM market is expected to grow from USD 2.8 billion in 2018 to USD 4.1 billion by 2023, at a CAGR of 8.00% during the forecast period.
The CMM market is growing rapidly and mainly focuses on quality control to capture large volumes of three-dimensional (3D) data for modeling and analysis.
As CMM can provide an onsite dimensional measurement for manufacturers of heavy equipment including earthmoving, excavation, and agricultural machinery, the adoption of CMM in heavy machinery industry is expected to grow significantly during the forecast period.
APAC to hold a major share of the CMM market in 2018 Funding for research and development, and extensive industrial base are the major factors that make APAC a dynamic region for the CMM market, with China and Japan being the major contributors.
The continual need to increase automation has been recognized by Chinese industries and the government.
Major players in the CMM market include Hexagon AB (Sweden), Faro Technologies (US), Nikon Corporation (Japan), Keyence Corporation (Japan), Carl Zeiss (Germany), Mitutoyo Corporation (Japan), GOM (Gesellschaft für Optische Messtechnik) (Germany), Perceptron (US), Creaform, Inc. (Canada), International Metrology Systems (UK), Metronor (Nesbru), Trimek (Spain), Applied Automation Tech (US), Wenzel (Germany), N. J. Metrology (UK), Avon-Dynamic (UK), Eley Metrology Limited (UK), The Sempre Group (UK), Apex Metrology Ltd (UK), and Tokyo Seimitsu Co., Ltd. (Japan).