Latin America Coordinate Measuring Machine Market Size, Share & Trends Analysis Report By Type (Fixed CMM, Portable CMM), By Industry Vertical (Automotive, Aerospace, Electronics, Heavy Machinery Manufacturing ), By Country, And Segment Forecasts, 2025 -
Description
Market Size & Trends
The Latin America coordinate measuring machine market size was estimated at USD 198.1 million in 2024 and is projected to reach USD 298.9 million by 2030, growing at a CAGR of 7.3% from 2025 to 2030. The market growth is driven by the growing industrial automation and digital transformation initiatives across Latin America. In addition, the diversification of CMM offerings, including portable systems, laser scanners, and fully automated bridge machines, has expanded applicability across various industries, thereby broadening the market base and accelerating adoption across Latin America.
The rising integration of cloud computing and Industry 4.0 technologies is transforming manufacturing and quality control processes across the region. Adoption of smart sensors, IoT connectivity, and digital metrology software, combined with cloud platforms, enables real-time data storage, analytics, and remote access to measurement results. Countries such as Brazil and Mexico are at the forefront of these developments, propelled by government policies and heightened investments in automation. These factors will drive the Latin America coordinate measuring machine industry growth.
In addition, the rising integration of Industry 4.0 technologies and automation trends within manufacturing processes is significantly accelerating the Latin America coordinate measuring machine industry expansion. Latin American industries increasingly leverage digital metrology solutions that incorporate smart sensors, real-time data acquisition, and connectivity features, allowing seamless integration with manufacturing execution systems (MES). This digital transformation supports predictive maintenance and process optimization, enabling manufacturers to reduce downtime and improve throughput. Key countries such as Brazil and Argentina are leading these adoption trends, supported by government initiatives encouraging modernization and innovation in industrial production.
Furthermore, the growing shift towards more flexible and non-contact measurement technologies, such as optical digitizers and scanners, is rapidly gaining traction alongside traditional tactile CMMs in Latin America. These non-contact systems provide faster, damage-free measurements and are particularly suited for complex or delicate components, complementing established CMM applications. In, there is increasing demand for portable, shop-floor-ready CMMs that enable on-site inspections, boosting efficiency. These trends, along with growing automation, are driving the market towards smarter, more automated, and cost-effective quality control solutions.
Moreover, the growing adoption of multi-sensor and non-contact measurement technologies, such as laser scanning, optical probes, and white light sensors, reshapes the Latin America coordinate measuring machine industry. These innovations enable faster, more detailed 3D data acquisition for complex geometries and delicate surfaces, which is critical in industries such as electronics, aerospace, and advanced manufacturing. This trend is expected to boost demand for technologically advanced CMMs, thereby fueling Latin America coordinate measuring machine industry growth across high-precision manufacturing sectors in the coming years.
Latin America Coordinate Measuring Machine Market Segmentation
This report forecasts revenue growth at the regional and country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Latin America coordinate measuring machine market report based on type, industry vertical, and country:
The Latin America coordinate measuring machine market size was estimated at USD 198.1 million in 2024 and is projected to reach USD 298.9 million by 2030, growing at a CAGR of 7.3% from 2025 to 2030. The market growth is driven by the growing industrial automation and digital transformation initiatives across Latin America. In addition, the diversification of CMM offerings, including portable systems, laser scanners, and fully automated bridge machines, has expanded applicability across various industries, thereby broadening the market base and accelerating adoption across Latin America.
The rising integration of cloud computing and Industry 4.0 technologies is transforming manufacturing and quality control processes across the region. Adoption of smart sensors, IoT connectivity, and digital metrology software, combined with cloud platforms, enables real-time data storage, analytics, and remote access to measurement results. Countries such as Brazil and Mexico are at the forefront of these developments, propelled by government policies and heightened investments in automation. These factors will drive the Latin America coordinate measuring machine industry growth.
In addition, the rising integration of Industry 4.0 technologies and automation trends within manufacturing processes is significantly accelerating the Latin America coordinate measuring machine industry expansion. Latin American industries increasingly leverage digital metrology solutions that incorporate smart sensors, real-time data acquisition, and connectivity features, allowing seamless integration with manufacturing execution systems (MES). This digital transformation supports predictive maintenance and process optimization, enabling manufacturers to reduce downtime and improve throughput. Key countries such as Brazil and Argentina are leading these adoption trends, supported by government initiatives encouraging modernization and innovation in industrial production.
Furthermore, the growing shift towards more flexible and non-contact measurement technologies, such as optical digitizers and scanners, is rapidly gaining traction alongside traditional tactile CMMs in Latin America. These non-contact systems provide faster, damage-free measurements and are particularly suited for complex or delicate components, complementing established CMM applications. In, there is increasing demand for portable, shop-floor-ready CMMs that enable on-site inspections, boosting efficiency. These trends, along with growing automation, are driving the market towards smarter, more automated, and cost-effective quality control solutions.
Moreover, the growing adoption of multi-sensor and non-contact measurement technologies, such as laser scanning, optical probes, and white light sensors, reshapes the Latin America coordinate measuring machine industry. These innovations enable faster, more detailed 3D data acquisition for complex geometries and delicate surfaces, which is critical in industries such as electronics, aerospace, and advanced manufacturing. This trend is expected to boost demand for technologically advanced CMMs, thereby fueling Latin America coordinate measuring machine industry growth across high-precision manufacturing sectors in the coming years.
Latin America Coordinate Measuring Machine Market Segmentation
This report forecasts revenue growth at the regional and country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Latin America coordinate measuring machine market report based on type, industry vertical, and country:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Fixed CMM
- Bridge
- Cantilever
- Gantry
- Portable CMM
- Articulated Arm
- Handheld
- Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Heavy Machinery Manufacturing
- Aerospace
- Electronics
- Energy & Power
- Healthcare
- Others
- Country Outlook (Revenue, USD Million, 2018 - 2030)
- Brazil
- Mexico
- Argentina
- Colombia
- Central America
Table of Contents
120 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
- Chapter 3. Latin America Coordinate Measuring Machine Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Latin America Coordinate Measuring Machine Market Analysis Tools
- 3.3.1. Industry Analysis - Porter’s
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
- Chapter 4. Latin America Coordinate Measuring Machine Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2024 & 2030
- 4.2. Latin America Coordinate Measuring Machine Market Estimates & Forecast, By Type (USD Million)
- 4.3. Fixed CMM
- 4.3.1. Fixed CMM Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Bridge
- 4.3.2.1. Bridge Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.3. Cantilever
- 4.3.3.1. Cantilever Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.4. Gantry
- 4.3.4.1. Gantry Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Portable CMM
- 4.4.1. Portable CMM Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.2. Articulated Arm
- 4.4.2.1. Articulated Arm Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.3. Handheld
- 4.4.3.1. Handheld Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 5. Latin America Coordinate Measuring Machine Market: Industry Vertical Estimates & Trend Analysis
- 5.1. Industry Vertical Movement Analysis & Market Share, 2024 & 2030
- 5.2. Latin America Coordinate Measuring Machine Market Estimates & Forecast, By Industry Vertical (USD Million)
- 5.3. Automotive
- 5.3.1. Automotive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 5.4. Heavy Machinery Manufacturing
- 5.4.1. Heavy Machinery Manufacturing Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 5.5. Aerospace
- 5.5.1. Aerospace Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 5.6. Electronics
- 5.6.1. Electronics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 5.7. Energy & Power
- 5.7.1. Energy & Power Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 5.8. Healthcare
- 5.8.1. Healthcare Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Chapter 6. Latin America Coordinate Measuring Machine Market: Country Estimates & Trend Analysis
- 6.1. Latin America Coordinate Measuring Machine Market by Region, 2024 & 2030
- 6.1.1. Latin America Coordinate Measuring Machine Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.1.2. Brazil
- 6.1.2.1. Brazil Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.1.3. Mexico
- 6.1.3.1. Mexico Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.1.4. Argentina
- 6.1.4.1. Argentina Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.1.5. Colombia
- 6.1.5.1. Colombia Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.1.6. Central America
- 6.1.6.1. Central America Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Chapter 7. Latin America Coordinate Measuring Machine Market - Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.5. Company Profiles
- 7.5.1. Carl Zeiss AG
- 7.5.1.1. Participant’s Overview
- 7.5.1.2. Financial Performance
- 7.5.1.3. Product Benchmarking
- 7.5.1.4. Recent Developments
- 7.5.2. Creaform (AMETEK, Inc.)
- 7.5.2.1. Participant’s Overview
- 7.5.2.2. Financial Performance
- 7.5.2.3. Product Benchmarking
- 7.5.2.4. Recent Developments
- 7.5.3. FARO Technologies, Inc. (AMETEK, Inc.)
- 7.5.3.1. Participant’s Overview
- 7.5.3.2. Financial Performance
- 7.5.3.3. Product Benchmarking
- 7.5.3.4. Recent Developments
- 7.5.4. Hexagon AB
- 7.5.4.1. Participant’s Overview
- 7.5.4.2. Financial Performance
- 7.5.4.3. Product Benchmarking
- 7.5.4.4. Recent Developments
- 7.5.5. Keyence Corporation
- 7.5.5.1. Participant’s Overview
- 7.5.5.2. Financial Performance
- 7.5.5.3. Product Benchmarking
- 7.5.5.4. Recent Developments
- 7.5.6. Mahr GmbH
- 7.5.6.1. Participant’s Overview
- 7.5.6.2. Financial Performance
- 7.5.6.3. Product Benchmarking
- 7.5.6.4. Recent Developments
- 7.5.7. Mitutoyo Corporation
- 7.5.7.1. Participant’s Overview
- 7.5.7.2. Financial Performance
- 7.5.7.3. Product Benchmarking
- 7.5.7.4. Recent Developments
- 7.5.8. Nikon Metrology (Nikon Corporation)
- 7.5.8.1. Participant’s Overview
- 7.5.8.2. Financial Performance
- 7.5.8.3. Product Benchmarking
- 7.5.8.4. Recent Developments
- 7.5.9. Renishaw plc
- 7.5.9.1. Participant’s Overview
- 7.5.9.2. Financial Performance
- 7.5.9.3. Product Benchmarking
- 7.5.9.4. Recent Developments
- 7.5.10. Vision Engineering Ltd.
- 7.5.10.1. Participant’s Overview
- 7.5.10.2. Financial Performance
- 7.5.10.3. Product Benchmarking
- 7.5.10.4. Recent Developments
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