Reports

Sale

Optical Coordinate Measuring Machine Market

Global Optical Coordinate Measuring Machine Market Share, Size, Analysis, Research: By Product: Multi-sensor, 2D Vision Measurement Machine, 3D Vision Measurement Machine; By End Use: Aerospace and Defence, Automotive, Others; By Machine; Regional Analysis; Competitive Landscape: Industry Events and Developments; 2024-2032

Global Optical Coordinate Measuring Machine Market Outlook

The global optical coordinate measuring machine market size reached a value of around USD 3.70 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.80% to reach USD 7.87 billion by 2032.

 

optical coordinate measuring machine market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Increasing Demand for Bridge Optical Coordinate Measuring Machines in Various End Use Industries to Augment Market Growth

Bridge optical coordinate measuring machines are extremely accurate and exhibit high tolerance to machine parts. In addition to this, bridge CMMs are compatible with small to medium sizes of machines used in various end use industries. Hence, the product is witnessing a significant demand from different industries. Moreover, bridge CMMs allows multi sensor measurements including scanning and probing.

 

The bridge CMMs are also convenient for workers as they can be controlled manually, as well as through computers. The cost of bridge CMMs is lower as compared to its counter parts. In this regard, over the forecast period, the anticipated increase in demand for cost-effective measuring machines across industries such as automotive, and aerospace, among others, is likely to propel the segment’s growth, surging the optical coordinate measuring machine market.

 

The Asia Pacific Region Holds a Significant Market Share of Optical Coordinate Measuring Machines

The market in the Asia Pacific region is being driven by the strong foothold of major manufacturing companies in the region. The steady economic growth attained by countries like India and China is expected to provide significant growth opportunities to industries such as automotive and aerospace and defence. This is likely to lead to enhanced manufacturing capabilities, thereby, propelling the demand for the optical coordinate measuring machine market in the forecast period. The anticipated rise in demand for electric automobiles in countries like Japan and South Korea are likely to generate the demand for superior quality CMMs.

 

Market Segmentation

 

optical coordinate measuring machine market by segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

An optical coordinate measuring machine, also known as computer numerical control image measuring machine, is defined as an equipment which is used to measure the dimension of a physical object. This device uses automated technology to carry out fast and accurate measurements of a body. Optical coordinate measuring machine can be varied based on different types according to the requirements.

 

Based on product, the market can be segmented into:

  • Multi-sensor
  • 2D Vision Measurement Machine
  • 3D Vision Measurement Machine

 

By end use, the market has been divided into:

  • Aerospace and Defence
  • Automotive
  • Heavy Machinery and Metal Fabrication
  • Others

 

On the basis of machine, the optical coordinate measuring machine market has been categorised into:

  • Articulated
  • Bridge
  • Others

 

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

optical coordinate measuring machine market by region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Growing Applications in Aerospace and Defence Sector to Surge the Optical Coordinate Measuring Machine Industry

The increasing applications of optical coordinate measuring machines in the aerospace and defence industry for quality assurance and precision engineering is driving the optical coordinate measuring machine market growth. In addition to this, the technological advancements of military aircrafts, weapon systems and increasing manufacturing capacity of the unmanned aerial vehicles are generating a high demand for measurement systems with greater accuracy. Measurement systems are used in aerospace and defence sector for prolonged hours, as much as 16 hours a day. This factor is leading to a higher spending on the maintenance of CMMs.

 

Over the forecast period, the growing research and development activities in the automotive industry to produce lightweight and fuel-efficient passenger vehicles are likely to boost the demand for CMMs with high mechanical performance and greater reliability. Therefore, this factor is likely to lead to progressive product innovations in the coming years. Furthermore, the market is anticipated to be aided by the increasing popularity of portable optical coordinate measuring machines in various end use sectors.

 

Key Players in the Global Market for Optical Coordinate Measuring Machine

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

 

  • Quality Vision International
  • Werth Messtechnik GmbH
  • Hexagon AB
  • Mitutoyo America Corporation
  • Zeiss International
  • 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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

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

  • Product
  • End Use
  • Machine
  • Region
Breakup by Product
  • Multi-sensor
  • 2D Vision Measurement Machine
  • 3D Vision Measurement Machine
Breakup by End Use
  • Aerospace and Defence
  • Automotive
  • Heavy Machinery and Metal Fabrication
  • Others
Breakup by Machine
  • Articulated
  • Bridge
  • 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
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Quality Vision International
  • Werth Messtechnik GmbH
  • Hexagon AB
  • Mitutoyo America Corporation
  • Zeiss International
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Region
7    Opportunities and Challenges in the Market  
8    Global Optical Coordinate Measuring Machine Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Optical Coordinate Measuring Machine Historical Market (2018-2023) 
    8.3    Global Optical Coordinate Measuring Machine Market Forecast (2024-2032)
    8.4    Global Optical Coordinate Measuring Machine Market by Product 
        8.4.1    Multi-sensor
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    2D Vision Measurement Machine
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    3D Vision Measurement Machine
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Optical Coordinate Measuring Machine Market by End Use
        8.5.1    Aerospace and Defence
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Automotive
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Heavy Machinery and Metal Fabrication
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Optical Coordinate Measuring Machine Market by Machine
        8.6.1    Articulated 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Bridge 
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Others
    8.7    Global Optical Coordinate Measuring Machine Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code - 903149)
    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Quality Vision International
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Werth Messtechnik GmbH
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Hexagon AB 
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Mitutoyo America Corporation 
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Zeiss International 
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Optical Coordinate Measuring Machine Market: Key Industry Highlights, 2018 and 2032
2.    Global Optical Coordinate Measuring Machine Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Optical Coordinate Measuring Machine Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Optical Coordinate Measuring Machine Historical Market: Breakup by End Use (USD Million), 2018-2023
5.    Global Optical Coordinate Measuring Machine Market Forecast: Breakup by End Use (USD Million), 2024-2032
6.    Global Optical Coordinate Measuring Machine Historical Market: Breakup by Machine (USD Million), 2018-2023
7.    Global Optical Coordinate Measuring Machine Market Forecast: Breakup by Machine (USD Million), 2024-2032
8.    Global Optical Coordinate Measuring Machine Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Optical Coordinate Measuring Machine Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Optical Coordinate Measuring Machine Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Optical Coordinate Measuring Machine Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Optical Coordinate Measuring Machine Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Optical Coordinate Measuring Machine Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Optical Coordinate Measuring Machine Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Optical Coordinate Measuring Machine Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Optical Coordinate Measuring Machine Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Optical Coordinate Measuring Machine Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Optical Coordinate Measuring Machine Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Optical Coordinate Measuring Machine Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Major Exporting Countries by Value
21.    Major Importing Countries by Value
22.    Major Exporting Countries by Volume
23.    Major Importing Countries by Volume
24.    Global Optical Coordinate Measuring Machine Market Structure

Key Questions Answered in the Report

What was the global optical coordinate measuring machine market size in 2023?

In 2023, the global market attained a value of nearly USD 3.70 billion.

What is the forecast outlook of the global optical coordinate measuring machine market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 7.87 billion by 2032.

What is the growth rate of the optical coordinate measuring machine market?

The market is estimated to grow at a CAGR of 8.80% between 2024 and 2032.

What are the major regional markets for optical coordinate measuring machines, according to the EMR report?

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

What are the major industry drivers?

The major market drivers include the rising applications of optical coordinate measuring machines in the aerospace and defence industry, increasing inclination of manufacturers towards measurement devices with superior mechanical strength, and increasing manufacturing capabilities across the emerging economies.

What are the key industry trends of the global market for optical coordinate measuring machines?

The technological advancements in the automotive industry are likely to be the key trends in the market.

What are the different segments based on product?

Multi-sensor, 2D vision measurement machine, and 3D vision measurement machine are the different segments based on product.

What is the market segmentation based on end use?

Aerospace and defence, automotive, and heavy machinery and metal fabrication, among others is the segmentation of market based on end use.

What are the significant machines considered in the market report?

Articulated, and bridge, among others are the different machines considered in the market report.

Who are the key industry players, according to the report?

The major players in the industry are Quality Vision International, Werth Messtechnik GmbH, Hexagon AB, Mitutoyo America Corporation, and Zeiss International, among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER