North America 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
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Market Report Description
The North America Coordinate Measuring Machine (CMM) Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
The two-legged gantry-type superstructure used in modern machines is frequently referred to as a bridge. This follows a guide rail connected to one edge of the granite table with one leg moving freely all along the granite table. Simply resting on the granite table's vertical surface contour, the opposing leg, often the outside leg, is placed there. The method of choice for ensuring friction-free travel is air bearings. In these, a flat bearing surface is punctured with a series of tiny holes by compressed air, creating an air cushion that is smooth but regulated and allows the CMM to move almost frictionlessly with software-adjustable compensation.
One of the axes of the XY plane is formed by the movement of the gantry or bridge along the granite table. A carriage that travels between both the inside and outside legs and creates the other X and Y horizontal axis is contained within the gantry's bridge. The inclusion of a vertical quill or spindle that goes up and down through the carriage's middle creates the third axis of movement. The quill's end sensor is made up of a touch probe.
The measuring envelope is perfectly described by the movement of the X, Y, and Z axes. To make the measurement probe more approachable to challenging workpieces, optional rotatable tables can be used. The addition of the rotating table as a fourth driving axis does not improve the 3D measuring dimensions, but it does add some versatility. Some touch probes have their own internal motors that enable the probe tip to rotate 360 degrees and pivot vertically for more than 180 degrees.
In North America, the aerospace machining market is cutting edge and fiercely competitive. The demand for performance machine tools and high precision range of coordinate measurement machines are both rising as tolerance standards become more demanding. Among all industrial businesses, the U.S. aerospace industry continues to produce the greatest trade balance as well as the second-highest volume of exports. With aerospace exports growing at an average rate of 5.31% over the past 10 years and the aerospace trade balance rising at an average rate of 4.64% since 2010, this dominant position has not changed in decades.
The US market dominated the North America Coordinate Measuring Machine (CMM) Market by Country 2021; thereby, achieving a market value of $910.3 million by 2028. The Canada market is exhibiting a CAGR of 11% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 10% 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 U.S., Mexico, Canada, and Rest of North America.
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:
- Articulated Arm
- Heavy Machinery
- Energy & Power
- Rest of North America
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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