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.
Free Valuable Insights: The Global Coordinate Measuring Machine (CMM) Market is Estimated to reach $4.6 Billion by 2028, at a CAGR of 9%
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
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
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 KBV 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:
TABLE 1 North America Coordinate Measuring Machine (CMM) Market, 2018 - 2021, USD Million
TABLE 2 North America Coordinate Measuring Machine (CMM) Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Coordinate Measuring Machine (CMM) Market
TABLE 4 Product Launches And Product Expansions– Coordinate Measuring Machine (CMM) Market
TABLE 5 Acquisition and Mergers– Coordinate Measuring Machine (CMM) Market
TABLE 6 Geographical Expansions– Coordinate Measuring Machine (CMM) Market
TABLE 7 North America Coordinate Measuring Machine (CMM) Market by Type, 2018 - 2021, USD Million
TABLE 8 North America Coordinate Measuring Machine (CMM) Market by Type, 2022 - 2028, USD Million
TABLE 9 North America Fixed Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Fixed Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Coordinate Measuring Machine (CMM) Market by Fixed Type, 2018 - 2021, USD Million
TABLE 12 North America Coordinate Measuring Machine (CMM) Market by Fixed Type, 2022 - 2028, USD Million
TABLE 13 North America Bridge Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Bridge Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Cantilever Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Cantilever Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Gantry Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Gantry Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Portable Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Portable Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Coordinate Measuring Machine (CMM) Market by Portable Type, 2018 - 2021, USD Million
TABLE 22 North America Coordinate Measuring Machine (CMM) Market by Portable Type, 2022 - 2028, USD Million
TABLE 23 North America Articulated Arm Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Articulated Arm Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Handheld Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Handheld Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Coordinate Measuring Machine (CMM) Market by Industry, 2018 - 2021, USD Million
TABLE 28 North America Coordinate Measuring Machine (CMM) Market by Industry, 2022 - 2028, USD Million
TABLE 29 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Electronics Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Electronics Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Medical Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Medical Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Aerospace Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Heavy Machinery Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Heavy Machinery Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Other Industry Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Other Industry Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Coordinate Measuring Machine (CMM) Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Coordinate Measuring Machine (CMM) Market by Country, 2022 - 2028, USD Million
TABLE 45 US Coordinate Measuring Machine (CMM) Market, 2018 - 2021, USD Million
TABLE 46 US Coordinate Measuring Machine (CMM) Market, 2022 - 2028, USD Million
TABLE 47 US Coordinate Measuring Machine (CMM) Market by Type, 2018 - 2021, USD Million
TABLE 48 US Coordinate Measuring Machine (CMM) Market by Type, 2022 - 2028, USD Million
TABLE 49 US Coordinate Measuring Machine (CMM) Market by Fixed Type, 2018 - 2021, USD Million
TABLE 50 US Coordinate Measuring Machine (CMM) Market by Fixed Type, 2022 - 2028, USD Million
TABLE 51 US Coordinate Measuring Machine (CMM) Market by Portable Type, 2018 - 2021, USD Million
TABLE 52 US Coordinate Measuring Machine (CMM) Market by Portable Type, 2022 - 2028, USD Million
TABLE 53 US Coordinate Measuring Machine (CMM) Market by Industry, 2018 - 2021, USD Million
TABLE 54 US Coordinate Measuring Machine (CMM) Market by Industry, 2022 - 2028, USD Million
TABLE 55 Canada Coordinate Measuring Machine (CMM) Market, 2018 - 2021, USD Million
TABLE 56 Canada Coordinate Measuring Machine (CMM) Market, 2022 - 2028, USD Million
TABLE 57 Canada Coordinate Measuring Machine (CMM) Market by Type, 2018 - 2021, USD Million
TABLE 58 Canada Coordinate Measuring Machine (CMM) Market by Type, 2022 - 2028, USD Million
TABLE 59 Canada Coordinate Measuring Machine (CMM) Market by Fixed Type, 2018 - 2021, USD Million
TABLE 60 Canada Coordinate Measuring Machine (CMM) Market by Fixed Type, 2022 - 2028, USD Million
TABLE 61 Canada Coordinate Measuring Machine (CMM) Market by Portable Type, 2018 - 2021, USD Million
TABLE 62 Canada Coordinate Measuring Machine (CMM) Market by Portable Type, 2022 - 2028, USD Million
TABLE 63 Canada Coordinate Measuring Machine (CMM) Market by Industry, 2018 - 2021, USD Million
TABLE 64 Canada Coordinate Measuring Machine (CMM) Market by Industry, 2022 - 2028, USD Million
TABLE 65 Mexico Coordinate Measuring Machine (CMM) Market, 2018 - 2021, USD Million
TABLE 66 Mexico Coordinate Measuring Machine (CMM) Market, 2022 - 2028, USD Million
TABLE 67 Mexico Coordinate Measuring Machine (CMM) Market by Type, 2018 - 2021, USD Million
TABLE 68 Mexico Coordinate Measuring Machine (CMM) Market by Type, 2022 - 2028, USD Million
TABLE 69 Mexico Coordinate Measuring Machine (CMM) Market by Fixed Type, 2018 - 2021, USD Million
TABLE 70 Mexico Coordinate Measuring Machine (CMM) Market by Fixed Type, 2022 - 2028, USD Million
TABLE 71 Mexico Coordinate Measuring Machine (CMM) Market by Portable Type, 2018 - 2021, USD Million
TABLE 72 Mexico Coordinate Measuring Machine (CMM) Market by Portable Type, 2022 - 2028, USD Million
TABLE 73 Mexico Coordinate Measuring Machine (CMM) Market by Industry, 2018 - 2021, USD Million
TABLE 74 Mexico Coordinate Measuring Machine (CMM) Market by Industry, 2022 - 2028, USD Million
TABLE 75 Rest of North America Coordinate Measuring Machine (CMM) Market, 2018 - 2021, USD Million
TABLE 76 Rest of North America Coordinate Measuring Machine (CMM) Market, 2022 - 2028, USD Million
TABLE 77 Rest of North America Coordinate Measuring Machine (CMM) Market by Type, 2018 - 2021, USD Million
TABLE 78 Rest of North America Coordinate Measuring Machine (CMM) Market by Type, 2022 - 2028, USD Million
TABLE 79 Rest of North America Coordinate Measuring Machine (CMM) Market by Fixed Type, 2018 - 2021, USD Million
TABLE 80 Rest of North America Coordinate Measuring Machine (CMM) Market by Fixed Type, 2022 - 2028, USD Million
TABLE 81 Rest of North America Coordinate Measuring Machine (CMM) Market by Portable Type, 2018 - 2021, USD Million
TABLE 82 Rest of North America Coordinate Measuring Machine (CMM) Market by Portable Type, 2022 - 2028, USD Million
TABLE 83 Rest of North America Coordinate Measuring Machine (CMM) Market by Industry, 2018 - 2021, USD Million
TABLE 84 Rest of North America Coordinate Measuring Machine (CMM) Market by Industry, 2022 - 2028, USD Million
TABLE 85 key information – Keyence Corporation
TABLE 86 key Information – Carl Zeiss AG
TABLE 87 Key Information – Nikon Corporation
TABLE 88 Key Information – FARO Technologies, Inc.
TABLE 89 Key information – Hexagon AB
TABLE 90 Key Information – TOKYO SEIMITSU CO., LTD.
TABLE 91 Key Information – Creaform, inc.
TABLE 92 Key information – Perceptron, Inc.
TABLE 93 Key Information – Mitutoyo Corporation
TABLE 94 Key Information – WENZEL Group GmbH & Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Jun) Leading Players
FIG 5 SWOT Analysis: Keyence Corporation
FIG 6 Recent strategies and developments: Carl Zeiss AG
FIG 7 Recent strategies and developments: FARO Technologies, Inc.
FIG 8 Recent strategies and developments: Hexagon AB
FIG 9 Recent strategies and developments: Mitutoyo Corporation