Coordinate Measuring Machine Market : A Growing Industry in the Era of Automation


Posted February 10, 2023 by Prashantvi

The CMM market size is expected to grow from USD 2.8 billion in 2021 to USD 4.3 billion by 2026

 
In the upcoming years, the desire for precision and efficiency in the manufacturing sector, technological improvements in metrology, and an increase in the usage of automation are projected to boost the market for coordinate measuring machines (CMMs) significantly.

The growing need for quality control in the industrial sector is one of the major factors propelling growth in the CMM market. Using CMMs has grown more crucial as manufacturers work to create high-quality goods that live up to consumer expectations. The demand for CMMs will continue to grow as manufacturers continue to place an emphasis on quality control.


The CMM market is expanding as a result of the manufacturing sector's increased usage of automation. The usage of CMMs is a significant part of this trend because automation has been proved to increase productivity and efficiency. With more manufacturers implementing automation in their operations, the need for CMMs will increase.


Technological developments in the metrology sector are also driving the CMM industry. Utilizing CMMs is now more effective and efficient because to the creation of new measurement methods and the advent of new technologies like 3D scanning.

According to , MarketsandMarkets , The CMM market size is expected to grow from USD 2.8 billion in 2021 to USD 4.3 billion by 2026, it is expected to grow at a CAGR of 8.8% from 2021 to 2026

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The market for coordinate measurement machines (CMMs) is varied and has several uses in a variety of industries. Among the most important uses for CMMs are:

Automotive Industry : Using CMMs to measure parts and components for automobiles, trucks, and other vehicles, the automotive industry is one of the largest users of these tools. By ensuring that these parts are manufactured to exacting standards, CMMs raise the calibre of the finished good.


Aerospace Sector: CMMs are also used extensively in the aerospace industry to measure parts and components for aeroplanes. CMMs are used to make sure that these components are manufactured to exacting standards, enhancing the aircraft's performance and safety.

Defense Industry: The application of CMMs in the defence industry includes measuring and inspecting weapons and other defense-related components. The performance and dependability of defense-related equipment are improved by using CMMs to make sure that these components are manufactured in accordance with strict requirements

Major players involved in the CMM market include Zeiss Group (Germany), FARO Technologies (US), Hexagon (Sweden), Nikon Corporation (Japan), Mitutoyo (Japan), Tokyo Seimitsu (Japan), Keyence Corporation (Japan), Creaform (Canada), Perceptron (US), and Wenzel Group (Germany).

In conclusion, there are many different industries in which CMMs are used. These tools are employed to measure and examine numerous parts and components, ensuring that they are produced in accordance with precise specifications and raising the calibre of the final product . The CMM industry is expanding because to the variety of applications, which makes it an intriguing and dynamic market to follow.

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Issued By marketsandmarkets
Country United States
Categories Electronics , Reports , Semiconductors
Tags coordinate measuring machine market
Last Updated February 10, 2023