Albany, NY -- (SBWIRE) -- 12/06/2012 -- TechNavio's analysts forecast the Global Coordinate Measuring Machine market to grow at a CAGR of 3.38 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need for products with increased dimensional accuracy. The Global Coordinate Measuring Machine market has also been witnessing the increased adoption of retrofitted coordinate measuring machines. However, the high cost of coordinate measuring machines could pose a challenge to the growth of this market.
TechNavio's report, the Global Coordinate Measuring Machine Market 2011-2015, has been prepared based on an in-depth market analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Coordinate Measuring Machine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Hexagon AB, Carl Zeiss AG, and Mitutoyo Corp.
Other vendors mentioned in the report are FARO Technologies Inc., Helmel Engineering Products Inc., ITP Group, Chien Wei Precise Technology Co. Ltd., International Metrology Systems Ltd., Dukin Co. Ltd., Metronor AS, Nikon Metrology NV, Trimek, WENZEL Prazision GmbH, and Tarus Products Inc.
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Key questions answered in this report:
- What will the market size be in 2015 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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