Global Coordinate Measuring Machine Market (CMM) was valued US$ 2.5Bn in 2017 and expected to reach US$ 5.3Bn in 2026, at CAGR of 9.85% during forecast period.Coordinate Measuring Machine Market (CMM) is a very flexible measuring device with its measurement limitation typically only constrained by physical size, accuracy grade and probing configuration.
The global installed base of coordinate measuring machines is projected at around 150,000 units.
The typical air bearing CMM structure rarely wears out and can be easily upgraded with new electronics and software extending life hope by another 10 years.Driving factor of global CMM market is accurate dimensions can be obtained just by knowing the coordinates and distance in the middle of the two reference points.
A market requires less labour.
The automotive industry has been progressively using optical measurement systems and CMMs, as an alternative to conventional strain gauges, accelerometers, transducers, and extensometers for improving the safety and comfort level of a vehicle.Region-wise, Asia Pacific to hold the largest share of the CMM market in 2018 and is expected to grow at the highest CAGR throughout the forecast period.
This high growth of APAC is expected to be led by the growing demand for CMMs in China and Japan, especially for industries such as electronics, automotive, and heavy machinery.Key players operating in the global CMM market, Hexagon AB (Sweden), Faro Technologies (US), Nikon Corporation (Japan), Keyence Corporation (Japan), Carl Zeiss (Germany), Mitutoyo Corporation (Japan), GOM (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), Helmel Engg.Request for enquiry on This Report at: http://marketgrowthanalysis.com/reports/enquiry/367Scope of the Global Coordinate Measuring Machine Market (CMM)Global Coordinate Measuring Machine Market (CMM), by TypeBridgeCantileverArticulated ArmHandheldGlobal Coordinate Measuring Machine Market (CMM), by ApplicationQuality Control InspectionReverse EngineeringGlobal Coordinate Measuring Machine Market (CMM), by IndustryAutomotiveHeavy MachineryGlobal Coordinate Measuring Machine Market (CMM), by RegionNorth AmericaEuropeAsia PacificMiddle East and AfricaSouth AmericaKey players operating in the Global Coordinate Measuring Machine Market (CMM)Hexagon AB (Sweden)Faro Technologies (US)Nikon Corporation (Japan)Keyence Corporation (Japan)Carl Zeiss (Germany)Mitutoyo Corporation (Japan)GOM (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)Tokyo Seimitsu Co., Ltd.Helmel Engg.Browse more detail information about this report visit at: http://marketgrowthanalysis.com/global-coordinate-measuring-machine-marketAbout Us:Market Growth Analysis is one of the leading digital services provider and a result-oriented company based in Canada.