Title: Coordinate Measuring Machine Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Coordinate Measuring Machine Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast (2021
2026)
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- Coordinate Measuring Machine Market size is
estimated to reach 5.6 billion by 2026 at a CAGR
of 6.9 during the forecast period 2021-2026. The
growth of Coordinate Measuring Machine Market is
majorly attributed to the growing demand for
metrological instruments in different industry
verticals facilitating smart manufacturing by
providing a robust entry point in automated
measurement for achieving optimized automated
inspection and quality control with high
precision and accuracy. Increasing penetration of
3D Bridge Coordinate Measuring Machine in
automotive, aerospace defense, utility and
electronics sector enabling probe movement along
X,Y,Z axes, orthogonal to each other and equipped
with sensors in a 3D Cartesian Coordinate system
for capturing and analyzing 3D data to monitor.
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- Key Takeaways
- APAC is estimated to account for the largest
market share of 37.5 during the forecast period
2021-2026 due to rapid industrialization and
increasing adoption of international quality
standards in various industry verticals. - Increasing adoption of automated quality
inspection in smart factories and rising demand
for metrological instruments in power sector are
augmenting the market. - Reverse engineering segment is analyzed to be the
fastest growing market with a CAGR 10.1 during
the forecast period 2021-2026 owing to its wide
range of applications in automotive, energy
medical sector.
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By Distribution Channel- Segment Analysis By
Offering, Coordinate Measuring Machine is
segmented under product and services. Products
segment dominated the market in 2020 and is
estimated to hold the major market share of 78.2
due to massive and quick adoption of CMM offering
automated quality inspection to facilitate smart
manufacturing. Products are also estimated to be
growing with a CAGR of 5.9 due to its wide range
of applications in manufacturing of automotive
car body parts, turbine blades, medical implants
and others. By product, Coordinate Measuring
Machine is segmented under Bridge, Gantry,
Horizontal Arm, Cantilever, Articulated Arm,
Handheld and others.
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- Coordinate Measuring Machine Market
- Industry Outlook
- Hexagon AB
- APEX Metrology Ltd.
- International Metrology Systems
- Applied Automation Tech
- Faro Technologies
- Avon Dynamic Calibration Ltd.
- Carl Zeiss AG
- Eley Metrology Ltd.
- N J Metrology Ltd
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Coordinate Measuring Machine Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast (2021
2026)Learn More About the Report
_at_ https//www.industryarc.com/Research/Coordinat
e-Measuring-Machine-Market-Research-505470
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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