Inspection and Metrology's Transition from the Laboratory to the Production Floor will Enable Transformational Growth
This study identifies key trends in the global coordinate measuring machine (CMM) probes market in 2022 and identifies factors that will drive and restrain growth. It also discusses the main CMM probing types for stationary and portable CMMs that bolster growth in different end-user segments and regions and highlights growth opportunities for market participants.
The study's base year is 2022, and the forecast period is from 2023 to 2027.
The global CMM probes market generated a revenue of $505.0 million in 2022, at a growth rate of 5.9%. The market is set to grow as electric and connected vehicle adoption increases and the measurement process gains significance due to the rising importance of quality control and inspection in industries.
RESEARCH HIGHLIGHTS:
- In-depth analysis with market sizing of probes for the following CMM types:
- Stationary CMMs
- Portable CMMs
- Market sizing of the following probes for these 2 CMM types:
- Contact CMMs
- Contactless CMMs
- Demand for CMM probes in different end-use industries, including automotive, aerospace and defense, machine shops, medical, electronics, and others (energy, power, heavy industries, general engineering, archaeology, and academia and research).
- Regional perspective of demand patterns in advanced and emerging markets, such as North America, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC).
- Forecast of revenue growth for market segments and in-depth analysis of the competitive scenario, including vendors' market shares for all equipment types.
- Sustainability and the CMM probes market.
