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Report Overview

The global machine tool touch probe market size reached around USD 648.60 Million in 2024. The market is projected to grow at a CAGR of 3.50% between 2025 and 2034 to reach nearly USD 914.91 Million by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

Compound Annual Growth Rate

3.5%

Value in USD Million

2025-2034


Machine Tool Touch Probe Market Outlook

*this image is indicative*

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Global Machine Tool Touch Probe Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 648.60
Market Size 2034 USD Million 914.91
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 3.50%
CAGR 2025-2034 - Market by Region Asia Pacific 4.1%
CAGR 2025-2034 - Market by Country Brazil 4.1%
CAGR 2025-2034 - Market by Country Mexico 3.3%
CAGR 2025-2034 - Market by Axes Measurement 5-Axis Touch Probes 3.9%
CAGR 2025-2034 - Market by End Use Automotive 4.0%
Market Share by Country 2024 Australia 2.3%

Vigorous Competition Among the Key Players to Boost the Growth of Global Market for Machine Tool Touch Probe

The market for machine tool touch probe is being driven by the vigorous competition among the key players as well as a healthy competitive platform for new entrants within this industry. The rising demand for advanced technology for the production of machine tools has enhanced the market for machine tool touch probe. The machine tool touch probe industry is being aided by the rising demand for quality verification of the machine parts in the manufacturing process. The product allows the easy verification of the quality of the machine parts and assists in measuring the dimension of workpieces more precisely. The use of machine tool touch probe helps players in the automotive industry beat critical challenges related to the quality and safety of the manufactured automotive parts.

Machine Tool Touch Probe Market by End Use

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Machine Tool Touch Probe Industry Segmentation

Machine tool touch probe ensures the precise measure of the workpiece dimensions. It is connected with sensors that allow them to be carefully operated within the industry space.

On the basis of offering, the market is divided into:

  • Hardware
  • Software

Based on transmission, the industry can be segmented into:

  • Infrared
  • Radio
  • Hard Wired

By probe type, the market is segregated into:

  • 3D Touch Probes
  • 2D Spindle Probes
  • Tool-Length Measuring Probes
  • Tool Touch-Off Probes
  • Others

On the basis of measuring technologies, the market is divided into:

  • Optical
  • Kinematic Resistive
  • Strain Gauge

By machine type, the market is categorised into:

  • CNC Machining Centre
  • CNC Turning Centre

Based on axes measurement, the industry is divided into:

  • 3-Axis Touch Probes
  • 5-Axis Touch Probes

On the basis of end-use, the industry is categorised into:

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

CAGR 2025-2034 - Market by Axes Measurement
5-Axis Touch Probes 3.9%
3-Axis Touch Probes XX%
CAGR 2025-2034 - Market by End Use
Automotive 4.0%
Defense & Aerospace 3.7%
Medical 3.6%
Electronic XX%
General Machining XX%
Petrochemical XX%

CAGR 2025-2034 - Market by Region
Asia Pacific 4.1%
Middle East and Africa 3.7%
North America XX%
Europe XX%
Latin America XX%
CAGR 2025-2034 - Market by Country
Brazil 4.1%
Mexico 3.3%
Australia 3.1%
Canada 3.0%
Germany 2.7%
USA XX%
UK XX%
France XX%
Italy 2.5%
China XX%
Japan XX%
India XX%
Saudi Arabia XX%

Growing Demand for Safety to Aid the Global Machine Tool Touch Probe Market Growth

The market for machine tool touch probe is rising due to the increasing demand for safety within the industry space. The use of machine tool touch probe ensures the precise measure of the work piece dimensions. It is connected with sensors that allow them to be safely operated within the industry space. The demand for safety is in high demand within various industries due to its ability to reduce cost and operational downtime, which enhances the productivity level of many operations. This is expected to push the market growth over the forecast period. Further, the market is gaining large traction due to accelerating demand for accuracy in various industries. The machine tool touch probe works in impossible conditions, which are unsustainable for humans and/or in conditions where it is not feasible for humans to work optimally, as a result aiding the market growth and is expected to retain high demand in the forecast period as well.

2024 Market Share by Country
Australia 2.3%
USA XX%
Canada XX%
UK XX%

Key Industry Players in the Global Machine Tool Touch Probe Market

The report gives a detailed analysis of the following key players in the global machine tool touch probe market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Renishaw plc.
  • Hexagon AB
  • DR. Johannes Heidenhain GmbH
  • Blum-Novotest GmbH
  • Marposs S.p.A.
  • DP Technology Corp.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Machine Tool Touch Probe Market Report Snapshots

Machine Tool Touch Probe Market Size

Machine Tool Touch Probe Market Growth

Machine Tool Touch Probe Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 648.60 Million.

The market is assessed to grow at a CAGR of 3.50% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 914.91 Million by 2034.

The major market drivers include the growing demand for advanced technology in the production of machine tools, the rising demand for quality verification of machine parts, and the growing use of machine tool touch probes in the automotive sector.

The growing focus on safety in industrial spaces, the rising use of machine tool touch probes for precise measurement of workpiece dimensions, and the surging demand for accuracy in various end-use sectors are the key trends propelling the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading offerings of machine tool touch probe in the market are hardware and software.

The major segments based on transmission of the product are infrared, radio, and hard wired.

The significant probe types in the market are 3D touch probes, 2D spindle probes, tool-length measuring probes, and tool touch-off probes, among others.

The various measuring technologies considered in the market report include optical, kinematic resistive, and strain gauge.

The major machine types in the market are CNC machining centre and CNC turning centre.

The different axes measurement segments considered in the market report include 3-axis touch probes and 5-axis touch probes.

The several end uses of machine tool touch probe include automotive, defence and aerospace, electronic, general machining, medical, and petrochemical, among others.

The major players in the market are Renishaw plc., Hexagon AB, DR. Johannes Heidenhain GmbH, Blum-Novotest GmbH, Marposs S.p.A., and DP Technology Corp., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Offering
  • Transmission
  • Probe Type
  • Measuring Technologies
  • Machine Type
  • Axes Measurement
  • End Use
  • Region    
Breakup by Offering
  • Hardware
  • Software
Breakup by Transmission
  • Infrared
  • Radio
  • Hard Wired    
Breakup by Probe Type
  • 3D Touch Probes
  • 2D Spindle Probes
  • Tool-Length Measuring Probes
  • Tool Touch-Off Probes
  • Others
Breakup by Measuring Technologies
  • Optical
  • Kinematic Resistive
  • Strain Gauge
Breakup by Machine Type
  • CNC Machining Center
  • CNC Turning Center
Breakup by Axes Measurement
  • 3-Axis Touch Probes
  • 5-Axis Touch Probes
Breakup by End Use
  • Automotive
  • Defense & Aerospace
  • Electronic
  • General Machining
  • Medical
  • Petrochemical
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Renishaw plc.
  • Hexagon AB
  • DR. Johannes Heidenhain GmbH
  • Blum-Novotest GmbH
  • Marposs S.p.A.
  • DP Technology Corp.
  • Others
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