Global Market for Coordinate Measuring Machines (CMM)
Dublin, March 09, 2023 (GLOBE NEWSWIRE) -- The "Coordinate Measuring Machines (CMM): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Coordinate Measuring Machines (CMM) Market to Reach $6.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Coordinate Measuring Machines (CMM) estimated at US$2.9 Billion in the year 2022, is projected to reach a revised size of US$6.7 Billion by 2030, growing at a CAGR of 11% over the analysis period 2022-2030. Fixed, one of the segments analyzed in the report, is projected to record 10.4% CAGR and reach US$3.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Portable segment is readjusted to a revised 11.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $788 Million, While China is Forecast to Grow at 16.4% CAGR
The Coordinate Measuring Machines (CMM) market in the U.S. is estimated at US$788 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 16.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 9.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.
Select Competitors (Total 58 Featured) -
IV. COMPETITION
A selection of companies mentioned in this report includes
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