Asia Pacific Coordinate Measuring Machine (cmm) Market Size & Outlook
The coordinate measuring machine (cmm) market in Asia Pacific is expected to reach a projected revenue of US$ 1,564.3 million by 2030. A compound annual growth rate of 9.6% is expected of Asia Pacific coordinate measuring machine (cmm) market from 2024 to 2030.
Revenue, 2023 (US$M)
$823.2
Forecast, 2030 (US$M)
$1,564.3
CAGR, 2024 - 2030
9.6%
Report Coverage
Asia Pacific
Related Markets
Asia Pacific coordinate measuring machine (cmm) market highlights
- The Asia Pacific coordinate measuring machine (cmm) market generated a revenue of USD 823.2 million in 2023.
- The market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, fixed cmm was the largest revenue generating type in 2023.
- Fixed CMM is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 823.2 million |
| Market revenue in 2030 | USD 1,564.3 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Fixed cmm |
| Fastest growing segment | Fixed CMM |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed CMM |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.7% of the global coordinate measuring machine (cmm) market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,564.3 million by 2030.
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Coordinate Measuring Machine (CMM) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mitutoyo Corporation | View profile | - | Kawasaki, Kanagawa, Japan, Asia | https://www.mitutoyo.co.jp/eng/ |
| WENZEL Group | View profile | 501-1000 | Wiesthal, Bayern, Germany, Europe | https://www.wenzel-group.com/en/ |
| Tokyo Seimitsu | View profile | 1001-5000 | Hachioji, Tokyo, Japan, Asia | https://www.accretech.jp/ |
| Renishaw PLC | View profile | 5175 | New Mills, Wotton-under-Edge, Gloucestershire, United Kingdom, GL12 8JR | https://www.renishaw.com |
| Keyence Corp | View profile | 10580 | 1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, Japan, 533-8555 | http://www.keyence.co.jp |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| Faro Technologies Inc | View profile | 1243 | 125 Technology Park, Lake Mary, FL, United States, 32746 | https://www.faro.com |
| Nikon Corp | View profile | 19444 | Konan 2-15-3 Shinagawa Intercity Building C, Minato-ku, Tokyo, Japan, 108-6290 | http://www.nikon.co.jp |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
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