Coordinate Measuring Machine Market Report 2025

The coordinate measuring machine market size has grown strongly in recent years. It will grow from $3.73 billion in 2024 to $4.08 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to growth in automotive sector, rise in automation, rise in emphasis on sustainable manufacturing, shortened product development cycles, industrialization.

The coordinate measuring machine market size is expected to see strong growth in the next few years. It will grow to $5.97 billion in 2029 at a compound annual growth rate (CAGR) of 10%. The growth in the forecast period can be attributed to rising aerospace industry, growing medical sector, industry 4 and smart manufacturing adoption, rising demand for high-quality goods.. Major trends in the forecast period include non-contact metrology, 3D scanning and digitization, shop-floor cmms, multi-sensor cmms, portable cmms.

The growth of the automotive sector is anticipated to drive the expansion of the coordinate measuring machine (CMM) market during the forecast period. The automotive industry encompasses all businesses and activities related to the production of motor vehicles, including most of their components, such as bodywork and engines. CMMs are utilized in the automotive sector to measure suspension hard points for vehicle dynamics simulations. For example, in February 2024, the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts - an Australia-based government department responsible for implementing government policy and programs - reported that as of January 31, 2022, there were 20.7 million registered motor vehicles, representing a 2% increase from January 2021. Battery electric vehicles (BEVs) accounted for about 40,000 units, marking a 100% rise from 2021, with 34,200 of these being passenger cars, which is an increase of 118% from 2021. Additionally, hybrid-electric vehicles (HEVs) reached approximately 277,000 in 2022, reflecting a 35% growth compared to 2021. Therefore, the growth of the automotive sector is expected to propel the coordinate measuring machine market forward.

The rising demand for manufactured goods is anticipated to drive the growth of the coordinate measuring machine market in the future. Manufactured goods refer to items created through various manufacturing processes. Coordinate Measuring Machines (CMMs) are widely used in the manufacturing sector for different purposes related to ensuring precision, quality, and accuracy in the production process. For example, in July 2023, Eurostat, a UK-based government statistical agency, reported a 0.2% increase in manufactured industrial output in the European area. Additionally, a 0.1% rise was noted in the European Union from May to April 2023. Therefore, the growing demand for manufactured goods is expected to propel the coordinate measuring machine market's growth.

A noteworthy trend in the coordinate measuring machine market is the emergence of 3D measurement systems. 3D measurement involves collecting data on the shapes, textures, geometries, and colors of physical objects using various tools, such as 3D scanners. In October 2022, SCANTECH, a France-based high-tech company, launched the TrackScan-P, an optical target-free 3D measurement system. With increased laser lines for enhanced scanning efficiency, upgraded high-resolution cameras, and advanced edge inspection, TrackScan-P utilizes intelligent optical tracking measurement and high-resolution cameras to precisely measure parts without the need for reference targets. This innovation in 3D measurement systems, exemplified by TrackScan-P, is gaining popularity and contributing to advancements in the coordinate measuring machine market.

Prominent companies in the market are actively engaged in the development of innovative machines, such as high-precision coordinate measuring machines (CMMs), to gain a competitive advantage and expand their market share. High-precision CMMs represent advanced metrology devices designed to measure the physical geometrical characteristics of objects with exceptional accuracy. In April 2023, Hexagon AB, a Sweden-based technology group specializing in metrology and geoanalytics, introduced the latest generation of Leitz PMM-C ultra-high-accuracy CMMs. This cutting-edge series sets a new performance benchmark for precision applications in diverse manufacturing settings. The upgraded series features a modular concept, enhanced capabilities, and performance options, catering to a range of requirements from low sub-micron accuracy for small volume applications to high sensor flexibility and swift inspection close to production environments. The Leitz PMM-C series consists of six machine sizes, ranging from 700 x 700 x 500 mm to 2400 x 1600 x 1000 mm, accommodating the inspection of parts with varied sizes and shapes. Manufacturers are provided with clear configuration choices and enhancement options, allowing them to tailor the measurement system precisely to meet their specific application requirements.

In September 2023, Concept Machine, a U.S.-based company that specializes in advanced manufacturing solutions, acquired two firms: Inspection Engineering and American Calibration. This acquisition is intended to enhance Concept Machine's precision measurement, machining, automation, and calibration services, thereby reinforcing its position in the advanced manufacturing solutions sector in the Midwest region of the USA. Additionally, the acquisition improves Concept's calibration service capabilities and expands its service offerings on a national scale, aligning with their strategy to drive growth through people, processes, and technology.

Major companies operating in the coordinate measuring machine market include Carl Zeiss AG, Creaform Inc., Eley Metrology, FARO Technologies Inc., Hexagon AB, Keyence Corporation, Metronor AS, Mitutoyo Corporation, Nikon Metrology NV, Tokyo Seimitsu Co. Ltd., WENZEL Group GmbH & Co. KG, Aberlink Ltd., Accurate Gauging & Instruments Pvt Ltd, Dukin Co. Ltd., Applied Automation Technologies Inc., Dimensional Engineering, Sipcon Instrument Industries, Helmel Engineering Products Inc., International Metrology Systems, N. J. Metrology Inc., Optical Gaging Products Inc., Renishaw plc, TESA SA, Trimek S.A., Werth Inc., Zett Mess Technik GmbH, Automated Precision Inc.

A Coordinate Measuring Machine (CMM) is a precision measuring instrument used to measure the dimensions of machines and tool parts. It is employed to assess the geometry of real objects and is commonly utilized to test a part or assembly to ensure its compliance with the original design intent. CMMs play a crucial role in quality assurance or quality control workflows, checking the dimensions of manufactured components to prevent or address quality issues.

There are two main types of Coordinate Measuring Machines such as fixed CMM and portable CMM. The fixed CMM operates in a temperature-controlled environment. When a part is transferred for inspection, it must stabilize before measurements can be taken. Inspection routines are often written for each part, or the CMM probe may be manually operated with a joystick to capture measurements. Portable CMMs, on the other hand, offer greater flexibility as they can be moved to the location of the part for measurement. Coordinate measuring machines find applications in various industries, including machinery, automotive, aerospace, heavy machinery, energy, power, electronics, medical, and more. They are utilized for inspection and reverse engineering processes, providing accurate measurements, speed, and reducing the risk of human errors compared to manual inspections or traditional metrology tools.

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Asia-Pacific was the largest region in the coordinate measuring machine market in 2024. The regions covered in the coordinate measuring machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the coordinate measuring machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The coordinate measuring machine market consists of sales of measuring machines bridge equipment, cantilevers, gantry, and horizontal arms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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