Global Stationary CMM Growth Opportunities

Global Stationary CMM Growth Opportunities

Future Growth Potential is Led by the Need for High Accuracy in Automotive & Aerospace

RELEASE DATE
23-Dec-2021
REGION
Global
Research Code: K68B-01-00-00-00
SKU: TM00681-GL-MT_26128
$4,950.00
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$4,950.00
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Description

This research service analyzes the global trends in stationary CMM that was witnessing steady growth with demand predominantly from automotive and aerospace industries. Disruption caused by the onset of the COVID-19 pandemic resulted in demand contraction across these industries. The economic uncertainty resulted in customers being cautious about their capital expenditures while focusing on maintaining liquidity. Developed nations managed to curb the spread of virus through vaccination drives and restrictions in H2 2020, while many emerging economies continued to struggle. In 2021, the virus spread was further contained as more people got vaccinated. Although signs of demand recovery were seen toward the end of 2020 and during early 2021, it is unlikely to reach pre-COVID-19 levels. Supply chain disruption coupled with semiconductor chip shortage continues to create bottlenecks for manufacturers. The market for stationary CMM will see a marginal positive growth in 2021 driven mainly by automotive & machine shop industries. However, this is based on the assumption that there will be no new COVID-19 variants causing disruptions similar to H1 2020. The market for stationary CMM is likely to return to pre-COVID-19 levels during 2022 to 2023 as industries reach maximum plant utilization levels.

The market is segmented by product type, vertical markets, and regional markets. The study covers the market share analysis of top competitors by product segments, and also mentions the prominent channel of distribution used in this market.

Annual estimates and forecasts are provided for the period 2017 through 2025. The geographical scope of the study includes North America,
Europe (EU), Asia-Pacific (APAC), and Rest of World (RoW).

• North America is a significant contributor to the stationary CMM market owing to manufacturing and tooling industries. Drive toward enhancing
fuel efficiencies and environmental compliance in Europe is a key demand contributor.
• APAC was the largest contributor and the fastest growing region with rapid industrialization in economies, such as China and India. Market is
approached usually through a combination of direct and indirect channels.

The global stationary CMM market is estimated to reach approximately $1,683.5 million by 2025. Stationary CMM includes bridge, gantry, and horizontal-arm type CMMs with certain companies in the market offering all product types. Bridge CMM currently holds the major share of the market and is expected to be the largest market throughout the forecast period. Growing demand for inline measurements, especially in certain applications, is expected to challenge the market for CMMs. The report discusses various trends that are changing stationary CMM market and their business impact on enterprises, service providers, and small and medium.

Author: Ram Ravi

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Stationary CMM

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Market Segmentation

Key Competitors for Stationary CMM

Revenue Forecast—CMM Market

Key Trends and Opportunities—CMM Market

Closed Loop Manufacturing—CMM Market

Key Growth Metrics for Stationary CMM Market

Distribution Channels

Growth Drivers for Stationary CMM Market

Growth Driver Analysis for Stationary CMM Market

Growth Driver Analysis for Stationary CMM Market (continued)

Growth Restraints for Stationary CMM Market

Growth Restraint Analysis for Stationary CMM Market

Growth Restraint Analysis for Stationary CMM Market (continued)

Forecast Assumptions—Stationary CMM Market

Revenue Forecast—Stationary CMM Market

Revenue Forecast by Product—Stationary CMM Market

Revenue Forecast by Region—Stationary CMM Market

Revenue Forecast by Industry Vertical—Stationary CMM Market

Revenue Forecast Analysis—Stationary CMM Market

Revenue Forecast Analysis by Region—Stationary CMM Market

Revenue Forecast Analysis by Industry Vertical—Stationary CMM Market

Pricing Trends and Forecast Analysis—Stationary CMM Market

Competitive Environment—Stationary CMM Market

Revenue Share—Stationary CMM Market

Revenue Share Analysis—Stationary CMM Market

Key Growth Metrics for Bridge CMM

Revenue Forecast—Bridge CMM

Percent Sales, Revenue, and Units by Price Segment—Bridge CMM

Revenue Forecast by Region—Bridge CMM

Revenue Forecast by Industry Vertical—Bridge CMM

Revenue Forecast Analysis—Bridge CMM

Competitive Environment—Bridge CMM

Revenue Share—Bridge CMM

Product Examples—Bridge CMM

Key Growth Metrics for Gantry CMM

Revenue Forecast—Gantry CMM

Percent Sales, Revenue and Units by Price Segment—Gantry CMM

Revenue Forecast by Region—Gantry CMM

Revenue Forecast by Industry Vertical—Gantry CMM

Revenue Forecast Analysis—Gantry CMM

Competitive Environment—Gantry CMM

Revenue Share—Gantry CMM

Product Examples—Gantry CMM

Key Growth Metrics for Horizontal-arm CMM

Revenue Forecast—Horizontal-arm CMM

Percent Sales, Revenue and Units by Price Segment—Horizontal-arm CMM

Revenue Forecast by Region—Horizontal-arm CMM

Revenue Forecast by Industry Vertical—Horizontal-arm CMM

Revenue Forecast Analysis—Horizontal-arm CMM

Competitive Environment—Horizontal-arm CMM

Revenue Share—Horizontal-arm CMM

Product Examples—Horizontal-arm CMM

Growth Opportunity 1: Robotic Automation to Assist CMMs with Handling Components to Enhance Throughput

Growth Opportunity 1: Robotic Automation to Assist CMMs with Handling Components to Enhance Throughput (continued)

Growth Opportunity 2: Growth of EVs and Fuel Cells will Continue to Augment CMM Growth Prospects

Growth Opportunity 2: Growth of EVs and Fuel Cells will Continue to Augment CMM Growth Prospects (continued)

Growth Opportunity 3: Additive Manufacturing for Light Weighting of Parts & Components will Drive Demand for CMMs

Growth Opportunity 3: Additive Manufacturing for Light Weighting of Parts & Components will Drive Demand for CMMs (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

This research service analyzes the global trends in stationary CMM that was witnessing steady growth with demand predominantly from automotive and aerospace industries. Disruption caused by the onset of the COVID-19 pandemic resulted in demand contraction across these industries. The economic uncertainty resulted in customers being cautious about their capital expenditures while focusing on maintaining liquidity. Developed nations managed to curb the spread of virus through vaccination drives and restrictions in H2 2020, while many emerging economies continued to struggle. In 2021, the virus spread was further contained as more people got vaccinated. Although signs of demand recovery were seen toward the end of 2020 and during early 2021, it is unlikely to reach pre-COVID-19 levels. Supply chain disruption coupled with semiconductor chip shortage continues to create bottlenecks for manufacturers. The market for stationary CMM will see a marginal positive growth in 2021 driven mainly by automotive & machine shop industries. However, this is based on the assumption that there will be no new COVID-19 variants causing disruptions similar to H1 2020. The market for stationary CMM is likely to return to pre-COVID-19 levels during 2022 to 2023 as industries reach maximum plant utilization levels. The market is segmented by product type, vertical markets, and regional markets. The study covers the market share analysis of top competitors by product segments, and also mentions the prominent channel of distribution used in this market. Annual estimates and forecasts are provided for the period 2017 through 2025. The geographical scope of the study includes North America, Europe (EU), Asia-Pacific (APAC), and Rest of World (RoW). • North America is a significant contributor to the stationary CMM market owing to manufacturing and tooling industries. Drive toward enhancing fuel efficiencies and environmental compliance in Europe is a key demand contributor. • APAC was the largest contributor and the fastest growing region with rapid industrialization in economies, such as China and India. Market is approached usually through a combination of direct and indirect channels. The global stationary CMM market is estimated to reach approximately $1,683.5 million by 2025. Stationary CMM includes bridge, gantry, and horizontal-arm type CMMs with certain companies in the market offering all product types. Bridge CMM currently holds the major share of the market and is expected to be the largest market throughout the forecast period. Growing demand for inline measurements, especially in certain applications, is expected to challenge the market for CMMs. The report discusses various trends that are changing stationary CMM market and their business impact on enterprises, service providers, and small and medium. Author: Ram Ravi
More Information
No Index No
Podcast No
Author Ram Ravi
Industries Test and Measurement Instrumentation
WIP Number K68B-01-00-00-00
Is Prebook No
GPS Codes 9404-A5,9594,9426,9593