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2023-03-09 13:23:00

Coordinate Measuring Machines (CMM) Global Market Report 2023: Off-Shoring of Manufacturing Activity Boosts Demand for CMM Market in Developing Countries

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 For more information about this report visit https://www.researchandmarkets.com/r/dzguv8 About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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