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What Do the Numbers Show About the Coordinate Measuring Machine Market size?
The coordinate measuring machine market has seen steady growth with the market size escalating from $3.73 billion in 2024 to $4.08 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. Factors contributing to this growth span across growth in the automotive sector, a surge in automation, sustainable manufacturing, shortened product development cycles, and industrialisation. Projections for the future are promising as well, with the market size expected to reach $5.97 billion in 2029 at a CAGR of 10.0% driven by factors such as the rising aerospace industry, growing medical sector, industry 4.0 adaptation, smart manufacturing adoption and the rising demand for high-quality goods.
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What is Powering the Growing Demand for Coordinate Measuring Machine Market?
The rising expansion of the automotive sector is set to propel the growth of the coordinate measuring machine market. As motor vehicles production escalates, and with the significant increase in battery electric vehicles, CMMs are seen to play an integral part in vehicle dynamics simulations, driving the growth of this market.
What Segments Does the Global Coordinate Measuring Machine Market Consist of?
1) By Type: Fixed CMM, Portable CMM
2) By Application: Inspection, Reverse Engineering
3) By Industry: Automotive, Aerospace, Heavy Machinery, Energy and Power, Electronics, Medical, Other Industries
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Who are the Major Players in the Coordinate Measuring Machine Market?
Market players comprise companies like 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.
What are the Emerging Trends in the Coordinate Measuring Machine Market?
The increasing popularity of 3D measurement systems is a key trend in the coordinate measuring machine market. These systems compile 3D data of object shapes, textures, and colors providing an efficient and precise measurement process perfect for scanning objects in 3D.
Which Region Is Seeing Rapid Growth in the Coordinate Measuring Machine Market?
Asia-Pacific was the largest region in the coordinate measuring machine market in 2024, closely followed by Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Coordinate Measuring Machine Market Report 2025 Offer?
Coordinate measuring machines are instruments that measure the geometry of physical objects and are indispensable in quality assurance workflows in manufacturing components, preventing or addressing quality issues. The Coordinate Measuring Machine Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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