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North America Coordinate Measuring Machine Market Size, Share & Industry Trends Analysis Report by Type, Industry, Country and Growth Forecast, 2022-2028

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    Report

  • 99 Pages
  • September 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5673547
The North America Coordinate Measuring Machine (CMM) Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).

The two-legged gantry-type superstructure used in modern machines is frequently referred to as a bridge. This follows a guide rail connected to one edge of the granite table with one leg moving freely all along the granite table. Simply resting on the granite table's vertical surface contour, the opposing leg, often the outside leg, is placed there. The method of choice for ensuring friction-free travel is air bearings. In these, a flat bearing surface is punctured with a series of tiny holes by compressed air, creating an air cushion that is smooth but regulated and allows the CMM to move almost frictionlessly with software-adjustable compensation.

One of the axes of the XY plane is formed by the movement of the gantry or bridge along the granite table. A carriage that travels between both the inside and outside legs and creates the other X and Y horizontal axis is contained within the gantry's bridge. The inclusion of a vertical quill or spindle that goes up and down through the carriage's middle creates the third axis of movement. The quill's end sensor is made up of a touch probe.

The measuring envelope is perfectly described by the movement of the X, Y, and Z axes. To make the measurement probe more approachable to challenging workpieces, optional rotatable tables can be used. The addition of the rotating table as a fourth driving axis does not improve the 3D measuring dimensions, but it does add some versatility. Some touch probes have their own internal motors that enable the probe tip to rotate 360 degrees and pivot vertically for more than 180 degrees.

In North America, the aerospace machining market is cutting edge and fiercely competitive. The demand for performance machine tools and high precision range of coordinate measurement machines are both rising as tolerance standards become more demanding. Among all industrial businesses, the U.S. aerospace industry continues to produce the greatest trade balance as well as the second-highest volume of exports. With aerospace exports growing at an average rate of 5.31% over the past 10 years and the aerospace trade balance rising at an average rate of 4.64% since 2010, this dominant position has not changed in decades.

The US market dominated the North America Coordinate Measuring Machine (CMM) Market by Country 2021; thereby, achieving a market value of $910.3 million by 2028. The Canada market is exhibiting a CAGR of 11% during (2022-2028). Additionally, The Mexico market would witness a CAGR of 10% during (2022-2028).

Based on Type, the market is segmented into Fixed (Bridge, Cantilever, and Gantry) and Portable (Articulated Arm and Handheld). Based on Industry, the market is segmented into Automotive, Electronics, Medical, Aerospace, Heavy Machinery, Energy & Power, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Keyence Corporation, Carl Zeiss AG, Nikon Corporation, FARO Technologies, Inc., Hexagon AB, Tokyo Seimitsu Co., LTD. (ACCRETECH), Creaform, Inc. (AMETEK, Inc.), Perceptron, Inc. (Atlas Copco AB), Mitutoyo Corporation, WENZEL Group GmbH & Co. KG.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Fixed
  • Bridge
  • Cantilever
  • Gantry
  • Portable
  • Articulated Arm
  • Handheld

By Industry

  • Automotive
  • Electronics
  • Medical
  • Aerospace
  • Heavy Machinery
  • Energy & Power
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Keyence Corporation
  • Carl Zeiss AG
  • Nikon Corporation
  • FARO Technologies, Inc.
  • Hexagon AB
  • Tokyo Seimitsu Co., LTD. (ACCRETECH)
  • Creaform, Inc. (AMETEK, Inc.)
  • Perceptron, Inc. (Atlas Copco AB)
  • Mitutoyo Corporation
  • WENZEL Group GmbH & Co. KG

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Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Coordinate Measuring Machine (CMM) Market, by Type
1.4.2 North America Coordinate Measuring Machine (CMM) Market, by Industry
1.4.3 North America Coordinate Measuring Machine (CMM) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb - 2022, Jun) Leading Players
Chapter 4. North America Coordinate Measuring Machine (CMM) Market by Type
4.1 North America Fixed Market by Country
4.2 North America Coordinate Measuring Machine (CMM) Market by Fixed Type
4.2.1 North America Bridge Market by Country
4.2.2 North America Cantilever Market by Country
4.2.3 North America Gantry Market by Country
4.3 North America Portable Market by Country
4.4 North America Coordinate Measuring Machine (CMM) Market by Portable Type
4.4.1 North America Articulated Arm Market by Country
4.4.2 North America Handheld Market by Country
Chapter 5. North America Coordinate Measuring Machine (CMM) Market by Industry
5.1 North America Automotive Market by Country
5.2 North America Electronics Market by Country
5.3 North America Medical Market by Country
5.4 North America Aerospace Market by Country
5.5 North America Heavy Machinery Market by Country
5.6 North America Energy & Power Market by Country
5.7 North America Other Industry Market by Country
Chapter 6. North America Coordinate Measuring Machine (CMM) Market by Country
6.1 US Coordinate Measuring Machine (CMM) Market
6.1.1 US Coordinate Measuring Machine (CMM) Market by Type
6.1.1.1 US Coordinate Measuring Machine (CMM) Market by Fixed Type
6.1.1.2 US Coordinate Measuring Machine (CMM) Market by Portable Type
6.1.2 US Coordinate Measuring Machine (CMM) Market by Industry
6.2 Canada Coordinate Measuring Machine (CMM) Market
6.2.1 Canada Coordinate Measuring Machine (CMM) Market by Type
6.2.1.1 Canada Coordinate Measuring Machine (CMM) Market by Fixed Type
6.2.1.2 Canada Coordinate Measuring Machine (CMM) Market by Portable Type
6.2.2 Canada Coordinate Measuring Machine (CMM) Market by Industry
6.3 Mexico Coordinate Measuring Machine (CMM) Market
6.3.1 Mexico Coordinate Measuring Machine (CMM) Market by Type
6.3.1.1 Mexico Coordinate Measuring Machine (CMM) Market by Fixed Type
6.3.1.2 Mexico Coordinate Measuring Machine (CMM) Market by Portable Type
6.3.2 Mexico Coordinate Measuring Machine (CMM) Market by Industry
6.4 Rest of North America Coordinate Measuring Machine (CMM) Market
6.4.1 Rest of North America Coordinate Measuring Machine (CMM) Market by Type
6.4.1.1 Rest of North America Coordinate Measuring Machine (CMM) Market by Fixed Type
6.4.1.2 Rest of North America Coordinate Measuring Machine (CMM) Market by Portable Type
6.4.2 Rest of North America Coordinate Measuring Machine (CMM) Market by Industry
Chapter 7. Company Profiles
7.1 Keyence Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Carl Zeiss AG
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.3 Nikon Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 FARO Technologies, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Acquisition and Mergers:
7.5 Hexagon AB
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.5.5.3 Geographical Expansions:
7.6 Tokyo Seimitsu Co., LTD. (ACCRETECH)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Research & Development Expenses
7.7 Creaform, Inc. (Ametek, Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Perceptron, Inc. (Atlas Copco AB)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Mitutoyo Corporation
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.10. WENZEL Group GmbH & Co. KG
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:

Companies Mentioned

  • Keyence Corporation
  • Carl Zeiss AG
  • Nikon Corporation
  • FARO Technologies, Inc.
  • Hexagon AB
  • Tokyo Seimitsu Co., LTD. (ACCRETECH)
  • Creaform, Inc. (AMETEK, Inc.)
  • Perceptron, Inc. (Atlas Copco AB)
  • Mitutoyo Corporation
  • WENZEL Group GmbH & Co. KG

Methodology

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