Fixed Coordinate Measuring Machine (CMM) Market size is estimated to be USD 3.5 Billion in 2024 and is expected to reach USD 5.1 Billion by 2033 at a CAGR of 4.5% from 2026 to 2033.
The global Fixed Coordinate Measuring Machine (CMM) market was valued at USD 3.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. The market is driven by increasing automation in manufacturing processes, rising demand for high precision measurements in various industries, and advancements in CMM technology. North America held the largest share of the Fixed CMM market in 2022, accounting for approximately 35% of the total market revenue. This dominance can be attributed to the presence of advanced manufacturing industries and a significant demand for precision measurement tools across the automotive, aerospace, and electronics sectors. The European market is expected to grow steadily due to the regions focus on industrial automation and quality control systems, with a projected CAGR of 6.5% during the forecast period. Asia Pacific, especially China and India, is anticipated to exhibit the highest growth, with a CAGR of 8.5% over the forecast period, driven by rapid industrialization and the expansion of manufacturing sectors in these countries.
In terms of regional opportunities, North America and Europe are expected to remain key markets for Fixed CMM due to their well established industrial base and technological advancements in automation and measurement systems. Meanwhile, Asia Pacific is emerging as a lucrative region for growth, especially due to the increasing adoption of automated systems in emerging economies like China, India, and South Korea. The demand for Fixed CMM is also expected to increase in the automotive, aerospace, and electronics sectors in these regions, driven by the rising need for high precision and quality driven manufacturing processes. The overall market for Fixed Coordinate Measuring Machines is projected to reach USD 6.1 billion by 2030, with a growing interest in advanced CMM technologies and solutions offering higher accuracy, speed, and automation capabilities.
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Zeiss Group
FARO
Hexagon
Nikon
Mitutoyo
Tokyo Seimitsu
Keyence
Creaform
Perceptron
Wenzel
LK Metrology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fixed Coordinate Measuring Machine (CMM) Market
Bridge CMM
Gantry CMM
Portal CMM
Horizontal Arm CMM
Articulated Arm CMM
Aerospace
Automotive
Electronics
Medical Devices
General Manufacturing
Laser Scanning CMM
Optical CMM
Mechanical CMM
Vision CMM
Hybrid CMM
Lightweight CMM (< 500 kg)
Mid-weight CMM (500 kg - 1500 kg)
Heavyweight CMM (> 1500 kg)
OEMs (Original Equipment Manufacturers)
Service Providers
Research and Development
Quality Control and Assurance
Educational Institutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fixed Coordinate Measuring Machine (CMM) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fixed Coordinate Measuring Machine (CMM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fixed Coordinate Measuring Machine (CMM) Market, By Type
6. Global Fixed Coordinate Measuring Machine (CMM) Market, By Application
7. Global Fixed Coordinate Measuring Machine (CMM) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fixed Coordinate Measuring Machine (CMM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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