The global CMM market is anticipated to grow at a CAGR of 7.4% during the forecast period (2021-2027). Portable CMM collects the geometrical measurements of an object in 3D. Unlike traditional CMMs, portable CMMs are lightweight and easy to bring from one location to another, whether across a shop floor or to a lab in another city. Portable CMMs are comprised of an articulated arm or with seven rotary axes and rotary encoders, unlike traditional CMMs that are made with a granite table and a gantry or bridge superstructure which makes them less moveable. Portable CMMs have found their large scope in various end-user verticals which include aerospace & defense, automotive & manufacturing, medical device, energy & power, and others. Portable CMMs provides high accuracy in results, and they are robust enough to work in a wide range of environments. Besides, the tolerances of CMMs can be adjusted, depending on the projects. Due to these advantages, their adoption in above verticals is gaining popularity which is driving the market growth.
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The global CMM market is segmented based on type, application, and end-user. Based on type, the market is trifurcated into articulating arm, laser trackers, and optical. On the basis of application, the market is categorized into quality control & inspection, reverse engineering, virtual simulation, and others. Among these, the reverse engineering segment is anticipated to show fastest-growth rate in the market during the forecast period. Reverse Engineering (RE) is a method to produce 3D CAD model or 2D drawings from an existing component. With use of CMMs in reverse engineering, measurements of the 3D objects can be taken with easy. Further, based on end-user, the market is again segmented into aerospace & defense, automotive & manufacturing, medical device, energy & power, and others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Portable CMM Market Report Segment
By Type
- Articulating Arm
- Laser Trackers
- Optical
By Application
- Quality Control & Inspection
- Reverse Engineering
- Virtual Simulation
- Others
By End-User
- Aerospace & Defense
- Automotive & Manufacturing
- Medical Device
- Energy & Power
- Others
Global Portable CMM Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global CMM market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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