Europe Coordinate Measuring Machine (CMM) Market

Europe Coordinate Measuring Machine (CMM) Market Size, Share & Industry Trends Analysis Report By Type (Fixed (Bridge, Cantilever, and Gantry) and Portable (Articulated Arm and Handheld)), By Industry, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11248 Publication Date: September-2022 Number of Pages: 114
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Market Report Description

The Europe Coordinate Measuring Machine (CMM) Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).

In manufacturing and production procedures, CMMs are frequently used to test a product or assembly against the intended design. In these applications, point clouds are created and then examined using regression methods to build features. These sites are measured with a probe that is either manually or automatically placed by a direct computer control system, or DCC. An automated CMM is a specific type of industrial robot because DCC CMMs can be configured to continuously measure identical items.

The primary framework has three axes of motion. The moving frame's construction material has changed over time. In the early CMMs, steel and granite were used. All of the major CMM suppliers nowadays use ceramic to boost the Z axis' rigidity for scanning applications in addition to building frames from aluminum alloy or a derivative of aluminum. Due to the market's demand for enhanced metrology dynamics and the growing trend to place CMM beyond the quality lab, few CMM producers nowadays still provide granite frame CMM. Due to the cheap technology approach and easy access to become a CMM frame builder, usually, only low volume CMM manufacturers or domestic manufacturers throughout several countries are still producing granite CMM. In response to the growing popularity of scanning, new materials including silicon and ceramic carbide have been created to make the CMM Z axis more rigid.

One of Italy's major industries is the automotive industry. The transition from thermal engines to electric mobility (hybrid and electric) is reconfiguring the sector and may present prospects for the United States charging infrastructure, vehicle components, and diagnostic equipment manufacturers. In addition, according to the International Trade Administration, in 2019, turnover was approximately €106 billion (about $119 billion), accounting for 11% of Italy's manufacturing turnover as well as 6.2% of Italy's GDP.

The Germany market dominated the Europe Coordinate Measuring Machine (CMM) Market by Country 2021; thereby, achieving a market value of $319.9 million by 2028. The UK market is experiencing a CAGR of 7.5% during (2022 - 2028). Additionally, The France market is would exhibit a CAGR of 9.2% during (2022 - 2028).

Based on Type, the market is segmented into Fixed (Bridge, Cantilever, and Gantry) and Portable (Articulated Arm and Handheld). Based on Industry, the market is segmented into Automotive, Electronics, Medical, Aerospace, Heavy Machinery, Energy & Power, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Coordinate Measuring Machine (CMM) Market will Hit $4.6 Billion by 2028, at a CAGR of 9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Keyence Corporation, Carl Zeiss AG, Nikon Corporation, FARO Technologies, Inc., Hexagon AB, Tokyo Seimitsu Co., LTD. (ACCRETECH), Creaform, Inc. (AMETEK, Inc.), Perceptron, Inc. (Atlas Copco AB), Mitutoyo Corporation, WENZEL Group GmbH & Co. KG.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Fixed
    • Bridge
    • Cantilever
    • Gantry
  • Portable
    • Articulated Arm
    • Handheld

By Industry

  • Automotive
  • Electronics
  • Medical
  • Aerospace
  • Heavy Machinery
  • Energy & Power
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Keyence Corporation
  • Carl Zeiss AG
  • Nikon Corporation
  • FARO Technologies, Inc.
  • Hexagon AB
  • Tokyo Seimitsu Co., LTD. (ACCRETECH)
  • Creaform, Inc. (AMETEK, Inc.)
  • Perceptron, Inc. (Atlas Copco AB)
  • Mitutoyo Corporation
  • WENZEL Group GmbH & Co. KG
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