Coordinate Measuring Machine (CMM) Market Size and By Region
Coordinate Measuring Machine (CMM) Market
The Coordinate Measuring Machine (CMM) Market is expected to expand at 8.8% over the forecast period, owing to the increasing usage of 3D data in modelling and analytical applications. CMMs are the devices used to measure items that cannot be measured with other machines with better accuracy.
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Coordinate Measuring Machine (CMM) Market Dynamics
CMM provides the measurement from width, length, and height. Rising deployment of 3D data in analytical and data modelling applications and expansion in the automotive industry are the major factors fuelling the Coordinate Measuring Machine (CMM) Market share. The increasing need to approve the geometric accuracy in the automotive, production, medical, energy and power has increased its deployment. Production processes have become more complicated with innovations in technology and the need for precision have increased.
Coordinate measuring machine have become more sophisticated with the Industrial Internet of Things (IIoT), helping producers to exchange measurement details between customers, facilities, or suppliers, which is an integral part of supply chain. It will help decreasing the manufacturing waste to reduce production errors. However, the coordinate measuring machine needs trained labourers to complete operations, which might restrain the Coordinate Measuring Machine (CMM) Market size.
Regional Drivers
Asia Pacific region is expected to expand at the highest rate over the forecast period owing to the advancement in manufacturing technology. The Coordinate Measuring Machine (CMM) Market research projects that coordinate measuring machine is used in several applications such as automotive, electronics, aerospace, and heavy machinery. For instance, Nikon metrology Inc., introduced bridge coordinate measuring machine with laser scanners to obtain more points and enhance the speed of inspection process across aerospace, medical device, and automotive sectors.
Market Segmentation
Coordinate Measuring Machine (CMM) Market by Industry
· Automotive
· Aerospace
· Heavy machinery
· Energy & power
· Electronics
· Medical
Coordinate Measuring Machine (CMM) Market by Type
· Fixed CMM
· Portable CMM
Coordinate Measuring Machine (CMM) Market by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
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