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Global Coordinate Measuring Machine Market 2017-2021

About CMM

The CMM market is a sub-segment of the metrology market; metrological equipment is used for measuring the dimensional, optical, electromagnetic, mechanical, optical radiation, thermodynamic, and time/frequency parameters of a product. It is used during the product development cycle to obtain accurate measurements and enhance the product quality during manufacture. Metrology equipment is classified into three types: coordinate measuring machines (CMMs), optical digitizers and scanners (ODS), and video measuring machines (VMMs).

Technavio’s analysts forecast the global CMM market to grow at a CAGR of 7.10% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global CMM market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of CMMs.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global CMM Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carl Zeiss
  • FARO Technologies
  • Hexagon Metrology
  • Mitutoyo
  • Nikon Metrology
Other prominent vendors
  • COORD3
  • DUKIN
  • International Metrology Systems
  • Metronor
  • TRIMEK
  • WENZEL
Market driver
  • 3D inspection of products using CMM
  • For a full, detailed list, view our report
Market challenge
  • Availability of wide variety makes choice difficult for end-users
  • For a full, detailed list, view our report
Market trend
  • Incorporation of new vision and image recognition technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global CMM Market 2017-2021

Technavio recognizes the following companies as the key players in the global CMM market: Carl Zeiss, FARO Technologies, Hexagon Metrology, Mitutoyo, and Nikon Metrology

Other Prominent Vendors in the market are: COORD3, DUKIN, International Metrology Systems, Metronor, TRIMEK, and WENZEL

Commenting on the report, an analyst from Technavio’s team said: “Over the past 25 years, the aviation sector has undergone several setbacks such as the recession, aviation fuel price shocks, and security threats. Despite these, global air traffic has been growing at 5.5% annually. The aerospace industry is expected to have a steady demand for CMMs, especially in the commercial aircraft segment. But in the case of military, missiles, and space, it is expected to grow slightly or negatively depending on the defense budget allocation in different countries.”

According to the report, the global CMM market is witnessing an increase in its applications, especially those related to the inspection of components and parts. CMMs are the most preferred option for the 3D measurement of objects in the automotive, aerospace, shipbuilding, and other industries.

Further, the report states that another major challenge facing the global CMM market is the lack of qualified personnel to operate these machines. This is because of the economic downturn and the offshoring of manufacturing processes to emerging economies, which has resulted in the scaling down of operations and the loss of skilled labor. These factors also affect the businesses and profit margins of many organizations, which leads to less number of young people opting to undergo industrial training. In addition, organizations are providing generic training while overlooking technical expertise, which is hampering the adoption of CMMs and affecting market growth negatively.

Companies Mentioned

Carl Zeiss, FARO Technologies, Hexagon Metrology, Mitutoyo, Nikon Metrology, COORD3, DUKIN, International Metrology Systems, Metronor, TRIMEK, WENZEL

  • Executive summary
  • Scope of the report
    • Market overview
    • Market size
      • Table End-user segmentation of market
      • Table Segmentation by product type
      • Table Key countries in each geographical region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Types of metrology devices
      • Table Applications of CMMs
      • Table Types of CMM
      • Table Global CMM market by product type (2016 and 2021)
      • Table Global CMM market by end-users (2016 and 2021)
      • Table Global CMM market by region, 2016 and 2021
  • Market landscape
    • Market overview
      • Table Global CMM market segmentation
    • Market size and forecast
      • Table Global CMM market 2016-2021 ($ billions)
      • Table Global manufacturing GDP comparison 2014-2017 (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global CMM market by product type 2016 and 2021
    • Bridge
      • Table Global bridge CMM market 2016-2021 ($ billions)
    • Articulated arm
      • Table Global articulated arm CMM market 2016-2021 ($ billions)
      • Table Applications of articulated arm CMMs
      • Table Global horizontal arm CMM market 2016-2021 ($ billions)
    • Horizontal arm
      • Gantry
        • Table Global gantry CMM market 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Market overview
      • Table Global CMM market by end-users 2016 and 2021
    • Automotive industry
      • Table Global CMM market in automotive industry 2016-2021 ($ billions)
      • Table Vehicle sales in H1 2012 and H1 2016 (millions of units)
      • Table Major automobile investments in India 2014-2015 ($ billions)
    • Aerospace industry
      • Table Global CMM market in aerospace industry 2016-20121 ($ billions)
      • Table Factors influencing the aerospace industry
      • Table Order for new aircraft from top manufacturers 2015-2019 (number of aircraft)
    • Other industries
      • Table Global CMM market in other industries 2016-2021 ($ billions)
      • Table Global shipbuilding orders 2011-2015 (millions of GT)
      • Table Factors that lead to new shipbuilding orders
      • Table Global power outlook 2000-2040
  • Geographical segmentation
    • Market overview
      • Table Global CMM market by region 2016 and 2021
    • EMEA
      • Table CMM market in EMEA 2016-2021 ($ billions)
    • APAC
      • Table CMM market in APAC 2016-2021 ($ billions)
    • Americas
      • Table CMM market in the Americas 2016-2021 ($ billions)
  • Market drivers
    • 3D inspection of products using CMM
      • Table Parts inspected using CMM
    • Rise in EV sales
      • Table Plug-in car sales in the US 2016 (YoY percentage change)
      • Table Global EV sales outlook 2011-2020 (units produced)
    • Increasing use of metrology in power sector
      • Table Applications of metrology in power stations
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Threat of substitutes: Increase in demand for ODS
      • Table Factors influencing preference for optical digital and scanners
    • Lack of skilled labor affects market
    • Availability of wide variety makes choice difficult for end-users
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in number of commercial aircraft
      • Table Global commercial air fleet deliveries 2015
    • Incorporation of new vision and image recognition technology
    • Use of metrology in new-generation nuclear power plants
      • Table Benefits of nuclear power
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Carl Zeiss
    • FARO Technologies
    • Hexagon Metrology
    • Mitutoyo
      • Table Mitutoyo: Product portfolio
      • Table Mitutoyo: CMM product portfolio
    • Nikon Metrology
      • Table Nikon Metrology: CMM product portfolio
  • Appendix
    • List of abbreviations
  • Explore echnavio

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