Global Coordinate Measuring Machine Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Bridge, Articulated Arm, Horizontal Arm, and Gantry.

By End-User;

Automotive Industry, Aerospace Industry, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn781701465 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Coordinate Measuring Machine Market (USD Million), 2021 - 2031

In the year 2024, the Global Coordinate Measuring Machine Market was valued at USD 3,664.44 million. The size of this market is expected to increase to USD 6,528.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.

The Global Coordinate Measuring Machine (CMM) Market has seen substantial growth driven by advancements in manufacturing technology and the increasing demand for precision measurement solutions across various industries. CMMs are sophisticated devices used to measure the physical geometrical characteristics of an object, ensuring high accuracy in dimensional inspection and quality control processes. These machines play a crucial role in industries such as automotive, aerospace, electronics, and medical devices, where precise measurements are essential to ensure product quality and compliance with industry standards.

Key factors contributing to the growth of the CMM market include the continuous development of automated and multi-sensor CMM systems, which enhance measurement efficiency and accuracy. Manufacturers are increasingly adopting CMMs to streamline production processes, reduce manufacturing defects, and improve overall productivity. The integration of advanced software and sensor technologies has further expanded the capabilities of CMMs, allowing for complex measurements and data analysis tasks that were previously challenging or time-consuming.

The market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America and Europe are prominent regions in the CMM market, driven by a strong presence of manufacturing industries and a high demand for quality assurance solutions. Asia Pacific is emerging as a significant market due to rapid industrialization, increasing investments in automotive and aerospace sectors, and rising adoption of advanced manufacturing technologies. The Middle East & Africa and Latin America regions are also witnessing growth, supported by industrial development initiatives and investments in infrastructure projects that require precise measurement solutions. As industries continue to prioritize quality control and efficiency, the global CMM market is poised for continued expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Global Coordinate Measuring Machine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Precision Measurement
        2. Automotive Industry
        3. Aerospace Applications
      2. Restraints
        1. High Cost
        2. Skill Requirements
        3. Integration Complexity
      3. Opportunities
        1. Automation Integration
        2. Multi-sensor Capabilities
        3. Industry 4.0
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Coordinate Measuring Machine Market, By Product, 2021 - 2031 (USD Million)
      1. Bridge
      2. Articulated Arm
      3. Horizontal Arm
      4. Gantry
    2. Global Coordinate Measuring Machine Market, By End-User, 2021 - 2031 (USD Million)
      1. Automotive Industry
      2. Aerospace Industry
      3. Other
    3. Global Coordinate Measuring Machine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hexagon (Sweden)
      2. Nikon Corporation (Japan), Mitutoyo (Japan)
      3. Tokyo Seimitsu (Japan)
      4. Keyence Corporation (Japan)
      5. Creaform (Canada)
      6. Wenzel Group (Germany)
      7. LK Metrology (UK)
      8. Metronor (Norway)
      9. Trimek (Spain
      10. Eley Metrology (UK)
      11. Aberlink (UK)
      12. Chien Wei Precise Technology (Taiwan)
      13. Helmel Engineering (US)
  7. Analyst Views
  8. Future Outlook of the Market