Market Highlights: Coordinate Measuring machine (CMM) are devices used for measuring the physical geometrical characteristics of an object. It consists of our major components: computer control system, software, the machine and, probe contact or non-contact. Coordinate Measuring machine (CMM) market is expected to mark significant growth over forecasted period owing to increasing consumers spending on measuring machines such as scribing, gauging, scanning and light drilling and technological advancement The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the industrial and infrastructure/building sector. The market study is being classified by Type (Bridge, Articulated-Arm, Horizontal Arm, Cantilever, Gantry and Handheld), by Application (Quality Control & Inspection and Reverse Engineering) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Coordinate Measuring Machine (CMM) are Hexagon AB (Sweden), Faro Technologies (United States), Nikon Corporation (Japan), Keyence Corporation (Japan), Carl Zeiss (Germany), Mitutoyo Corporation (Japan), GOM (Gesellschaft für Optische Messtechnik) (Germany), Perceptron (United States), Creaform, Inc. (Canada), International Metrology Systems (United Kingdom), Metronor (United States), Trimek (Spain) and Applied Automation Tech (United States).
Major Market Development Highlights In April 2018, ASF Metrology acquired Nikon Metrology CMM Business. This acquisition is beneficial in providing new products and services that strengthens the positions of multi-sensors CMM and software market.
Key Questions Answered in the Report What will the Coordinate Measuring Machine (CMM) Market size and the growth rate be in Future? What are the key factors driving the Coordinate Measuring Machine (CMM) Market? What are the key market trends and macro-economic impacting the growth of the Coordinate Measuring Machine (CMM) Market? What are the challenges to market growth? Who are the key vendors in the Coordinate Measuring Machine (CMM) Market? What are the market opportunities and threats faced by the vendors in the Coordinate Measuring Machine (CMM) Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Coordinate Measuring Machine (CMM) Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Coordinate Measuring Machine (CMM) market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Coordinate Measuring Machine (CMM) market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Coordinate Measuring Machine (CMM) Manufacturers, Coordinate Measuring Machine (CMM) Traders, End-Use Market Participants of Different Segments of Coordinate Measuring Machine (CMM), Government and Research Organizations, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.