Coordinate Measuring Machines (CMM) Market Size And Forecast

Coordinate Measuring Machines (CMM) Market size was valued at USD 5.05 Billion in 2023 and is anticipated to reach USD 8.16 Billion by 2031, growing at a CAGR of 7.38% from 2024 to 2031.

• Coordinate measuring machines (CMMs) are precise measurement tools that are used in quality assurance and production procedures to precisely ascertain an object’s geometric properties. These devices use a probe to measure points on an object’s surface in three dimensions in an organized manner. The probe is usually positioned on three or more axes.
• To properly find and record these points’ positions in relation to a reference point or points on the object, CMMs use a coordinate system. After that, this data is examined to evaluate the object being measured surface profiles, dimensional correctness, and other geometric characteristics.
• CMMs can be purchased in a variety of designs, including as portable, gantry, and bridge variants. They can also be purchased with different kinds of probes, such as non-contact or tactile (contact) probes.
• Accurate measurements of the dimensions of complex parts and components are made with CMMs. They are able to measure things’ diameters, heights, widths, lengths, and other geometric characteristics exactly.
• CMMs are essential tools for quality control because they check manufactured items to make sure they adhere to standards and tolerances. They are able to recognize defects such as surface faults, geometric mistakes, and dimensional changes, as well as departures from design standards.
• Comprehensive geometric analysis, such as form deviation analysis, profile measurement, concentricity measurement, roundness measurement, flatness assessment, and more, may be carried out on objects using CMMs. By doing this, producers can make sure that parts fulfil the geometric specifications needed for correct assembly and operation.

Global Coordinate Measuring Machines (CMM) Market Dynamics

The key market dynamics that are shaping the Coordinate Measuring Machines (CMM) Market include:

Key Market Drivers:

• Technological Advancements: The capabilities and effectiveness of CMMs are improved by advances in metrology technologies, such as the integration of multi-sensor systems, laser scanning, and non-contact measurement techniques. To satisfy changing industrial requirements, manufacturers are continuously creating CMMs that are faster, more accurate, and more adaptable.
• Industry 4.0 and Smart Manufacturing: The need for CMMs with improved connection, automation, and data analytics capabilities is driven by the introduction of Industry 4.0 and the adoption of smart manufacturing principles. Integrated CMMs with real-time data collection capabilities, predictive maintenance support, and smooth interfaces with digital manufacturing systems are becoming more and more in demand.
• Quality Control and Compliance: Manufacturers of medical devices, automotive, aerospace, and other products are forced by strict regulations and strict quality standards to invest in high-precision metrology tools like CMMs. Accurate dimensional inspection and quality assurance require the use of modern CMMs to ensure compliance with norms and regulations.
• Demand for Precision Engineering: The need for precision engineering grows as goods are more intricate and have tighter tolerances. CMMs are becoming increasingly popular in a variety of production sectors since they are essential for confirming the dimensional correctness and quality of complex assemblies and components.
• Increasing Use of Additive Manufacturing and 3D Printing: The increasing utilization of 3D printing and additive manufacturing methods generates a need for CMMs that can precisely measure and verify intricate geometries generated by these methods. Verifying the dimensional correctness and quality of parts made using additive manufacturing requires the use of CMMs.

Key Challenge:

• Accuracy and Calibration: It’s critical to guarantee the precision of CMM measurements. Maintaining accuracy necessitates routine calibration, which can be labor-intensive and require specialized expertise. CMMs are intricate devices that need to be set up and programmed correctly. It can take some time and specific knowledge to set up the machine for various parts or measuring activities.
• Dimensional Restrictions: The measuring volumes of CMMs are usually restricted. Large pieces might not fit in the workspace of the machine, requiring additional setups or different techniques for measuring.
• Measurement Speed: When compared to other methods of measurement such as optical measurement systems or laser scanning, traditional CMMs can be quite slow. Production process bottlenecks may arise from this.
• Data Interpretation and Analysis: CMMs produce enormous volumes of data that require efficient interpretation and analysis. Appropriate software tools and qualified staff are needed for this. It can be difficult to control these variables to guarantee precise readings, particularly in manufacturing settings.
• Maintenance and Downtime: To guarantee peak performance, CMMs need to have regular maintenance. Production schedules can be thrown off, and expenses can rise, when there is downtime for maintenance or repairs.
• Cost: The purchase price of CMMs as well as the continuous operating expenses make them costly pieces of machinery. Smaller manufacturers or those with tighter budgets may find this to be a hindrance.

Key Trends:

• Integration with Industry 4.0: CMMs are finding their way into larger industrial ecosystems and are fast becoming essential parts of smart factories. By integrating CMMs with other manufacturing tools like robots, CNC machines, and data management systems, quality control procedures may be automated, monitored in real time, and provided with feedback.
• Advanced Metrology Software: Sophisticated metrology software, available on modern CMMs, includes features like geometric dimensioning and tolerancing (GD&T), statistical analysis, CAD-based inspection, and reverse engineering. These software programs improve data analytic skills, efficiency, and measurement accuracy.
• Multi-sensor Technology: CMMs can now use a variety of measuring technologies, including touch probes, optical sensors, laser scanners, and vision systems, because they are outfitted with multi-sensor capabilities. Because of its adaptability, CMMs can accurately and efficiently measure a large variety of features, surfaces, and materials.
• Portable CMMs: The need for portable CMMs that are simple to transport to various shop floor locations or that may be utilized for on-site inspections in the field is expanding. When used for large or stationary workpieces, portable CMMs provide cost-effectiveness, flexibility, and convenience.

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Global Coordinate Measuring Machines (CMM) Market Regional Analysis

Here is a more detailed regional analysis of the Coordinate Measuring Machines (CMM) Market:

Asia-Pacific

• Asia-Pacific is a significant center for manufacturing for a number of industries, including automotive, aerospace, electronics, and equipment. This region is especially home to nations like China, Japan, South Korea, and Taiwan. The need for CMMs for quality control and inspection is driven by the growing concentration of manufacturing activity.
• Asia-Pacific nations have made significant investments in automation of manufacturing processes and technical developments. This includes implementing sophisticated metrology tools, like as CMMs, to improve production line efficiency and quality assurance.
• The need for precision measurement instruments like CMMs has surged due to the rapid industrialization of Asia-Pacific’s growing economies. The demand for precise dimensional inspection grows as industries develop and grow, which supports the region’s CMM industry.

North America

• Leading the way in CMM research and development have been North American businesses and academic institutions. Businesses spend a lot of money on research to create CMMs that are more precise, effective, and adaptable. Research in metrology and related topics is conducted by universities and research centers, which further advances CMM technology.
• Many of the top CMM producers are headquartered in North America or have a sizable presence there. These businesses use innovative manufacturing processes in the design, production, and assembly of CMMs. They use robotics, automation, and precision machining among other technologies to create high-quality CMMs that satisfy the needs of many sectors.
• In order to satisfy the changing demands of sectors like electronics, medical devices, aerospace, and automotive, North American businesses constantly innovate. Multi-sensor systems, non-contact measurement methods (such laser scanning), and software developments for data analysis and visualization are examples of innovations in CMM technology.

Global Coordinate Measuring Machines (CMM) Market: Segmentation Analysis

The Global Coordinate Measuring Machines (CMM) Market is segmented on the basis of Product Type, Application, End-User Industry, and Geography.

Coordinate Measuring Machines (CMM) Market, By Product Type

• Bridge
• Gantry
• Horizontal Arm
• Others

Based on Product Type, the market is bifurcated into Bridge, Gantry, Horizontal Arm, and Others. The Bridge segment held the major market share and is estimated to grow at a Significant CAGR during the forecasted period. The bridge product segment is the popular coordinate measuring machine used across the globe. A typical 3D bridge coordinate measuring machine allows probe movement along three axes, X, Y, and Z, that are orthogonal to each other in a three-dimensional Cartesian coordinate system.

Coordinate Measuring Machines (CMM) Market, By Application

• Quality Control & Inspection
• Reverse Engineering
• Virtual Simulation
• Others

Based on Application, the market is bifurcated into Quality Control & Inspection, Reverse Engineering, Virtual Simulation, and Others. The Reverse Engineering segment is anticipated to have the highest CAGR in the forecast period. The factors can be attributed to the wide range of applications, such as car body parts, turbine blades, gears, engine parts, antennae, boat parts, and medical implants. Also, with the help of reverse engineering, the modification of various objects is easily possible.

Coordinate Measuring Machines (CMM) Market, By End-User Industry

• Aerospace & Defense
• Automotive
• Medical
• Electronics
• Energy & Power
• Heavy Machinery
• Others

Based on End Use Industry, the market is bifurcated into Aerospace & Defense, Automotive, Medical, Electronics, Energy & Power, Heavy Machinery, and Others. The electronics segment is predicted to hold the most significant CAGR in the forecast period. CMM is utilized for in-depth investigation and monitoring high-paced production of a wide range of electronic products, such as liquid crystal displays (LCD), silicon wafers, microelectronics, micro-electromechanical systems (MEMS), optoelectronics, and electronic devices mounted on multilayer PCBs.

Key Players

The “Global Coordinate Measuring Machines (CMM) Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Faro Technologies, Nikon, Hexagon AB, Carl Zeiss, and Keyence Corporation.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

Coordinate Measuring Market Recent Developments

• In February 2022, Made to Measure announced the launch of the AccuFLEX series of coordinate measuring machines (CMMs) which has been constructed in the United States. This new machine line includes bridge, shop floor, horizontal, and gantry models for serving a wide range of industries and applications. Every AccuFLEX CMM is powered by Renishaw controllers, amplifiers, and scales and easily gathers non-contact measurements at the highest accuracy level with Nikon’s L100 and LC15DX CMM laser scanners. These machines are also equipped with Tsunami’s Air Filtration System, which eliminates virtually all contaminants from the compressed air system.
• In October 2022, Carl Zeiss announced that it acquired all assets and liabilities, incorporating the GOM UK business and team into its organization. This acquisition has led to the addition of the GOM software, machines, and systems for industrial, and automated 3D coordinate measuring technology and 3D testing, complements the existing Zeiss Industrial Quality Solutions offering.
• In April 2022, LK Metrology and Wenzel Technologies entered into a strategic partnership with immediate effect and through this joint technological cooperation, Wenzel Technologies planned to sell LK’s innovative, high-performance coordinate measuring machines (CMMs) and other metrological products in southern Germany and expand its portfolio again with powerful systems for measurement, inspection, and quality control.

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