Los Angeles, CA -- (SBWIRE) -- 02/14/2019 -- A coordinate measuring machine (CMM) is a device for measuring the physical geometrical characteristics of an object. This machine may be manually controlled by an operator or it may be computer controlled. Measurements are defined by a probe attached to the third moving axis of this machine. Probes may be mechanical, optical, laser, or white light, among others. A machine which takes readings in six degrees of freedom and displays these readings in mathematical form is known as a CMM.

Regionally, Europe is the biggest Consumption area of Coordinate Measuring Machine (CMM) in the world and China is the most potential market with the fastest growing rate of 16.19%.From the view of application market, 45.51% is the most active and potential field because of the widely use of Automotive Industry in 2015. Although there is big difference between big companies such as Hexagon with new companies, especially in the price of products, customers still willing to pay more money to achieve products or service with higher quality. Therefore, it will become harder and harder for a new company which doesn't have its own core technology and R&D team to survive in this Technology-intensive battle.

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As a new kind of materials for Coordinate Measuring Machine (CMM), the Consumption process will become mature gradually with more and more companies enter this field.

The global Coordinate Measuring Machine (CMM) market is valued at 5170 million US$ in 2018 is expected to reach 7750 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025.

This report focuses on Coordinate Measuring Machine (CMM) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Coordinate Measuring Machine (CMM) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Hexagon, Zeiss, Mitutoyo, Nikon, Coord3, AEH, Wenzel, Leader Metrology, Tokyo Seimitsu, Mahr, Aberlink, Werth, Helmel

Segment by Type

Bridge Machine, Horizontal Machine, Articulated-Arm Machines, Others

Segment by Application

Machinery Manufacturing, Automotive Industry, Electronics Industry, Aerospace and Defense, Other

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