Coordinate-measuring machine

Global Industrial Metrology Market to Reach $11.9 Billion by 2027

Retrieved on: 
Tuesday, November 8, 2022

Key Points: 
  • In the changed post COVID-19 business landscape, the global market for Industrial Metrology estimated at US$9 Billion in the year 2020, is projected to reach a revised size of US$11.9 Billion by 2027, growing at a CAGR of 4.1% over the analysis period 2020-2027.
  • The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 7.6% CAGR
    The Industrial Metrology market in the U.S. is estimated at US$2.5 Billion in the year 2020.
  • China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027.
  • Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.5 Billion by the year 2027.

The Worldwide 3D Metrology Industry is Projected to Reach $23.1 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 28, 2022

The Global 3D Metrology Market is estimated to be USD 13.76 Bn in 2022 and is projected to reach USD 23.1 Bn by 2027, growing at a CAGR of 10.92%.

Key Points: 
  • The Global 3D Metrology Market is estimated to be USD 13.76 Bn in 2022 and is projected to reach USD 23.1 Bn by 2027, growing at a CAGR of 10.92%.
  • Market dynamics are forces that impact the prices and behaviors of the Global 3D Metrology Market stakeholders.
  • The Global 3D Metrology Market is segmented based on Offering, Product Type, Application, End-User Industry, and Geography.
  • By End-User Industry, the market is classified into Aerospace & Defense, Automotive, Architecture & Construction, Medical, Semiconductors & Electronics, Energy & Power, and Mining.

DREAMTNS Releases New Reverse Engineering Software ‘PointShape Design’

Retrieved on: 
Monday, April 18, 2022

DREAMTNS Co., Ltd. announced that it has released PointShape Design software on April 18th, which is used for creating parametric CAD models of real-world products from Scan/Mesh data.

Key Points: 
  • DREAMTNS Co., Ltd. announced that it has released PointShape Design software on April 18th, which is used for creating parametric CAD models of real-world products from Scan/Mesh data.
  • With a familiar design process and user interface, the software enables users to accomplish their reverse engineering projects easily.
  • View the full release here: https://www.businesswire.com/news/home/20220418005246/en/
    DREAMTNS of Korea has released PointShape Design software, which is used for creating parametric CAD models of real-world products from Scan/Mesh data.
  • DREAMTNS said, "Through this solution, we will solve various reverse engineering and design challenges across various industries, including automotive, aerospace, manufacturing, research & development, heritage preservation, and industrial machinery and engineering services."

Global 3D Metrology Market to Reach $15 Billion by 2025

Retrieved on: 
Monday, March 28, 2022

SAN FRANCISCO, March 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "3D Metrology - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "3D Metrology - Global Market Trajectory & Analytics" .
  • Amid the COVID-19 crisis, the global market for 3D Metrology estimated at US$12 Billion in the year 2022, is projected to reach a revised size of US$15 Billion by 2025, registering a compounded annual growth rate (CAGR) of 8.6% over the analysis period.
  • United States represents the largest regional market for 3D Metrology, accounting for an estimated 27.3% share of the global total.
  • However, high installation costs of 3D metrology plants together with lack of trained manpower for operating 3D metrology devices is expected to impede market growth.

3D Metrology Market size worth $ 23.83 Billion, Globally, by 2028 at 7.34% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, February 22, 2022

According to Verified Market Research, the Global 3D Metrology Market size was valued at USD 13.63 Billion in 2020 and is projected to reach USD 23.83 Billion by 2028, growing at a CAGR of 7.34% from 2021 to 2028.

Key Points: 
  • According to Verified Market Research, the Global 3D Metrology Market size was valued at USD 13.63 Billion in 2020 and is projected to reach USD 23.83 Billion by 2028, growing at a CAGR of 7.34% from 2021 to 2028.
  • The cost incurred for setting up 3D metrology facilities is high, and it may create setbacks for the growth of the Global 3D Metrology Market.
  • Also, the dearth of skilled professionals to efficiently handle 3D metrology systems may hinder the growth of the Global 3D Metrology Market.
  • Verified Market Research has segmented the Global 3D Metrology Market On the basis of Product, Component, Application, Vertical, and Geography.

3D Metrology Market size worth $ 23.83 Billion, Globally, by 2028 at 7.34% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, February 22, 2022

JERSEY CITY, N.J., Feb. 22, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "3D Metrology Market" By Product (Video Measuring Machine, Coordinate Measuring Machine), By Component (Software, Hardware), By Application (Virtual Simulation, Reverse Engineering), By Vertical (Energy & Power, Automotive), and By Geography. According to Verified Market Research, the Global 3D Metrology Market size was valued at USD 13.63 Billion in 2020 and is projected to reach USD 23.83 Billion by 2028, growing at a CAGR of 7.34% from 2021 to 2028.

Key Points: 
  • According to Verified Market Research, the Global 3D Metrology Market size was valued at USD 13.63 Billion in 2020 and is projected to reach USD 23.83 Billion by 2028, growing at a CAGR of 7.34% from 2021 to 2028.
  • The cost incurred for setting up 3D metrology facilities is high, and it may create setbacks for the growth of the Global 3D Metrology Market.
  • Also, the dearth of skilled professionals to efficiently handle 3D metrology systems may hinder the growth of the Global 3D Metrology Market.
  • Verified Market Research has segmented the Global 3D Metrology Market On the basis of Product, Component, Application, Vertical, and Geography.

Mitutoyo America Corporation Introduces MCOSMOS Version 5.0

Retrieved on: 
Thursday, January 20, 2022

Mitutoyo America Corporation is pleased to announce the release of MCOSMOS Version 5.0, the newest version of their advanced metrology suite for Coordinate Measuring Machines.

Key Points: 
  • Mitutoyo America Corporation is pleased to announce the release of MCOSMOS Version 5.0, the newest version of their advanced metrology suite for Coordinate Measuring Machines.
  • View the full release here: https://www.businesswire.com/news/home/20220120005240/en/
    What distinguishes MCOSMOS v.5 from its predecessor are the upgrades to its interface, functions, and performance.
  • These changes include easy-to-use ribbons and a much-requested search function, assisting operators in finding specific sections of their measuring process for detailed reports.
  • Key features and capabilities of Mitutoyos MCOSMOS v.5 software suite:
    New Graphical User Interface Modelled with a modern design, this new GUI improves on the previous version with a simplified and attractive module display.

Coordinate Measuring Machines (CMM) Market - Global Industry Analysis, Trends, Market Size, and Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 27, 2021

The "Coordinate Measuring Machines (CMM) Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Coordinate Measuring Machines (CMM) Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The report on the global coordinate measuring machines (CMM) market provides qualitative and quantitative analysis for the period from 2021 to 2027.
  • The report on coordinate measuring machines (CMM) market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global coordinate measuring machines (CMM) market over the period of 2021 to 2027.
  • Complete coverage of all the segments in the coordinate measuring machines (CMM) market to analyze the trends, developments in the global market and forecast of market size up to 2027.

Insights on the Coordinate Measuring Machines Global Market to 2027 - Featuring Hexagon, ITP and Nikon Metrology Among Others - ResearchAndMarkets.com

Retrieved on: 
Friday, October 22, 2021

The "Coordinate Measuring Machines (CMM) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Coordinate Measuring Machines (CMM) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Bridge-Type Machine, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$2.3 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $771 Million, While China is Forecast to Grow at 8.2% CAGR
    The Coordinate Measuring Machines (CMM) market in the U.S. is estimated at US$771 Million in the year 2020.
  • In the global Horizontal-Arm Machine segment, USA, Canada, Japan, China and Europe will drive the 4.5% CAGR estimated for this segment.

Global Coordinate Measuring Machine Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 16, 2021

Recent trends include the move from off-line quality inspection to near-line or in-line measurement techniques, allowing higher sampling rates and faster inspection times.

Key Points: 
  • Recent trends include the move from off-line quality inspection to near-line or in-line measurement techniques, allowing higher sampling rates and faster inspection times.
  • Furthermore, the increasing emphasis on innovations in electric vehicle and autonomous cars are expected to fuel the adoption and demand for optical coordinate measuring machines over the forecast period.
  • This creates a demand of optical coordinate measuring machine for the inspection of automotive parts.
  • Such positive developments are expected to prolifirate the market growth during the forecast period.