Coordinate Measuring Machine Market Size - By Type (Bridge, Cantilever, Gantry, Articulated Arm, Portable), By Application (Dimensional Measurement, Surface Measurement, Quality Control & Inspection, Virtual simulation, Reverse Engineering), By End User & Forecast, 2024 – 2032

Coordinate Measuring Machine Market Size

Coordinate Measuring Machine Market was valued at over USD 3.5 billion in 2023 and is anticipated to grow at a CAGR of over 9% between 2024 and 2032. The rise in automation and the integration of these machines with robotic systems and automated manufacturing cells are acting as a catalyst in the market. Automated CMMs equipped with robotic arms, automated probe changers, and intelligent software can perform complex measurement sequences, part inspections, and quality control tasks without human intervention, thereby improving accuracy, repeatability, and throughput.

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With the rising adoption of precision manufacturing in industries, such as medical devices, electronics, and precision engineering, there is a growing demand for improved accuracy and precision in manufacturing processes. CMMs ensure that parts and components meet the required specifications and standards. This is driving the adoption and integration of advanced metrology solutions, such as CMMs, to meet the evolving needs and expectations of various industries and end users.
 

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The rapid advancements in CMM technology require operators and technicians to continuously update their knowledge and skills to stay familiar with the latest features, functionalities, and best practices. The software interfaces used in modern CMMs are complex and require a steep learning curve for new operators. Customizing measurement routines, programming automated inspection sequences, and generating detailed reports can be challenging tasks that require advanced software skills and experience.

Coordinate Measuring Machine Market Trends 

With the rising emphasis on accuracy, reliability, and quality assurance across various industries, precision quality measurement has emerged as a pivotal growth driver in the market growth. Industries, such as automotive, aerospace, medical devices, electronics, and precision engineering, require high manufacturing accuracy and precision to meet stringent quality standards and customer expectations. CMMs enable industry players to ensure that parts and components meet the required specifications, tolerances, and quality criteria, driving their adoption in precision quality measurement.

The growing demand for higher accuracy and tighter tolerances in manufacturing processes is fueling the adoption of advanced CMMs capable of achieving ultra-high precision measurements. As a result, industries are investing in CMMs with enhanced accuracy, resolution, and repeatability to measure complex geometries, intricate features, and tight tolerances.

Coordinate Measuring Machine Market Analysis 

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Based on type, portable segment is anticipated to expand at a CAGR of over 11.5% between 2024 and 2032.

• The rising adoption of 3D portable equipment in the CMM market is attributed to its flexibility, mobility, ease of use, quick inspection capabilities, and integration with digital technologies. The equipment is used across various industries and applications, preferred by end users seeking versatile, and efficient metrology solutions. For instance, in June 2020, FARO Technologies, Inc., the global leader in 3D measurement, imaging, and realization solutions for 3D metrology and public safety analytics, unveiled its 3D portable CMM. The product, FARO Gage, is ideal for small & medium-sized businesses performing high-accuracy tasks. The Gage is an intuitive, ergonomic, and versatile articulated portable FaroArm, enabling machine shops to perform their most demanding 3D inspections in record time.

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Based on end user, the heavy machinery segment dominated the 40% share of the coordinate measuring machine market in 2023.

• The heavy machinery industry is subject to stringent quality standards, regulatory requirements, and safety regulations. Manufacturers are investing in CMMs to ensure that large & heavy machinery components meet the necessary quality standards, reduce frequent defect occurrence, minimize scrap rates, and improve overall product quality as well as reliability. Advanced CMMs with integrated software, connectivity features, Internet of Things (IoT) capabilities, and cloud-based solutions. They enable real-time monitoring, data analysis, predictive maintenance, remote access, and collaborative manufacturing processes, supporting the transition to smart factories and digital manufacturing environments.

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The Asia Pacific coordinate measuring machine market is projected to exceed 10.5% from 2024 to 2032. This growth is driven by the technological advancements, increasing investments in manufacturing infrastructure, and the adoption of Industry 4.0 and smart manufacturing initiatives across various industries in the region. Countries, such as China, Japan, India, and South Korea, are experiencing significant growth, due to their rapidly expanding industrial sectors, strong emphasis on innovation and automation, and growing demand for high-precision measurement and inspection solutions.

Coordinate Measuring Machine Market Share

Hexagon AB and ZEISS held a significant share of over 23% in 2023. Hexagon AB is a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE), shaping urban and production ecosystems to become increasingly connected and autonomous. Hexagon's solutions leverage data from sensors, software, and autonomous solutions to improve efficiency, productivity, quality, and safety across various industries, including manufacturing, aerospace, automotive, electronics, healthcare, construction, and infrastructure.

ZEISS, a globally renowned technology leader in the fields of optics and optoelectronics, is a prominent player in the Coordinate Measuring Machine (CMM) market. With a rich heritage of over 170 years, ZEISS has established a strong reputation for delivering high-precision, innovative, and reliable metrology solutions, including CMMs, optical systems, microscopy systems, and software solutions, to meet the demanding measurement and inspection requirements of various industries, such as automotive, aerospace, medical, electronics, and manufacturing.

Coordinate Measuring Machine Market Companies

Major players operating in the coordinate measuring machine industry are

• Hexagon AB
• ZEISS
• FARO
• KEYENCE CORPORATION
• Sinowon Innovation Metrology Manufacture Limited.
• Perceptron, Inc.
• Nikon Corporation

Coordinate Measuring Machine Industry News

• In June 2023, LK Metrology launched the ALTO 6.5.5, entering the CMM market. The machine has guideways made from aluminum, comparatively lowering the capital costs associated with components made from ceramic, as is the case with most LK CMMs. It has a compact measuring machine with high accuracy and rapid throughput normally associated with more expensive systems.
• In June 2021, ZEISS introduced the latest version of CALYPSO 2021, an all-purpose measurement software with over 60 new functions and improvements. The software adds a new option called ZEISS CALYPSO dynamic planning. This allows for a simple adjustment of the inspection scope based on dynamic rules from MES/ CAQ solutions, for example the ZEISS PiWeb. An additional advantage is that since the users do not change the measurement plan themselves, these do not need to be certified again, which would be a time-consuming process.

This coordinate measuring machine market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments

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Market, By Type

• Bridge
• Cantilever
• Gantry
• Articulated arm
• Portable

Market, By Application

• Dimensional measurement
• Surface measurement
• Quality control & inspection
• Virtual simulation
• Reverse engineering
• Others

Market, By End User

• Process industry
• Automotive
• Aerospace & defense
• Energy & power
• Heavy machinery
• Others

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA