Global CMM Probe Growth Opportunities

Global CMM Probe Growth Opportunities

Inspection and Metrology's Transition from the Laboratory to the Production Floor will Enable Transformational Growth

RELEASE DATE
07-Apr-2023
REGION
Global
Research Code: K875-01-00-00-00
SKU: TM00726-GL-MT_27551
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Description

This Frost & Sullivan 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.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the CMM Probes Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Scope of Analysis (continued)

Segmentation

Key Competitors

Growth Metrics

Distribution Channels

Growth Drivers

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Forecast Assumptions

Revenue Forecast

Revenue Forecast by CMM Type

Revenue Forecast by Probe Type

Revenue Forecast by End-use Industry

Revenue Forecast by Region

Forecast Analysis

Forecast Analysis (continued)

Pricing Trends and Forecast Analysis

Competitive Environment

Revenue Share

Revenue Share Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Probe Type

Revenue Forecast by End-use Industry

Revenue Forecast by Region

Forecast Analysis

Forecast Analysis (continued)

Growth Metrics

Revenue Forecast

Revenue Forecast by Probe Type

Revenue Forecast by End-use Industry

Revenue Forecast by Region

Forecast Analysis

Forecast Analysis (continued)

United Nations’ Sustainable Development Goals

How are CMM Probe Companies Addressing Sustainability?

How are CMM Probe Companies Addressing Sustainability? (continued)

How are CMM Probe Companies Addressing Sustainability? (continued)

How are CMM Probe Companies Addressing Sustainability? (continued)

Growth Opportunity 1: Rising Demand for More Accurate Contactless Probing Solutions

Growth Opportunity 1: Rising Demand for More Accurate Contactless Probing Solutions (continued)

Growth Opportunity 2: Multi-sensor CMMs

Growth Opportunity 2: Multi-sensor CMMs (continued)

Growth Opportunity 3: Micro-CMM Probes

Growth Opportunity 3: Micro-CMM Probes (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

This Frost & Sullivan 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.--BEGIN PROMO--

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.

More Information
Author Shruti Yewale
Industries Test and Measurement Instrumentation
No Index No
Is Prebook No
Keyword 1 Homes And Buildings Industry
Keyword 2 Home Building Industry
Keyword 3 Home Building Construction
Podcast No
WIP Number K875-01-00-00-00