Canada Coordinate Measuring Machine Market to 2032

Overview

The Canada Coordinate Measuring Machine Market is expected to reach a 108.86 USD Million by 2032 and is projected to grow at a CAGR of 7.74% from 2025 to 2032.

Revenue, 2024 (USD Million)
68.73
Forecast, 2032 (USD Million)
108.86
CAGR, 2024 - 2032
7.74%
Report Coverage
Canada

Canada Coordinate Measuring Machine Market 2018-2032 USD Million

Canada Coordinate Measuring Machine Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 68.73 USD Million
  • Projected Market Size (2032): 108.86 USD Million
  • CAGR (2025-2032): 7.74%

Key Findings of Canada Coordinate Measuring Machine Market

  • The Canada Coordinate Measuring Machine Market was valued at 68.73 USD Million in 2024.
  • The Canada Coordinate Measuring Machine Market is likely to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Air bearings in Type of Bearing Segment accounted for the largest share of the market with a revenue of 49.99 USD Million
  • The fastest growing segment Electronics and electrical in Industry Segment grew Fastest with a CAGR of 9.13% during the forecast period from 2024 to 2032.

Canada Coordinate Measuring Machine Market Scope

Canada Coordinate Measuring Machine Market Segmentation & Scope
Industry
  • Others
  • Military
  • Energy and power
  • Electronics and electrical
  • Aerospace
  • Automotive
Components
  • Computer hardware and software
  • Probe system
  • Linear measurement transducers
  • Machine structure
Product
  • Cantilever
  • Articulated arm
  • Bridge
  • Gantry
  • Horizontal arm
Type of Bearing
  • Recirculating bearing packs
  • Roller bearings
  • Air bearings

Canada Coordinate Measuring Machine Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 68.73 USD Million
Market Value in 2032 108.86 USD Million
CAGR (2025-2032) 7.74%
Historic Data 2016-2023
Market Segments Covered Industry,Components,Product,Type of Bearing

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 68.73 USD Million in 2024
    • Key Country: Canada, leading in terms of revenue with value of 68.73 USD Million in 2024.

Segments and Scope

  • Canada Coordinate Measuring Machine Market to 2032, By Industry
    • Automotive is the largest segment in Canada Coordinate Measuring Machine Market to 2032 with a revenue of 26.04 USD Million in the year 2024.
    • Electronics and electrical is the Fastest growing segment in Canada Coordinate Measuring Machine Market to 2032 with a Growth rate of 8.39 % in forecast period 2025-2032.
  • Canada Coordinate Measuring Machine Market to 2032, By Components
    • Machine structure is the largest segment in Canada Coordinate Measuring Machine Market to 2032 with a revenue of 39.72 USD Million in the year 2024.
    • Probe system is the Fastest growing segment in Canada Coordinate Measuring Machine Market to 2032 with a Growth rate of 7.87 % in forecast period 2025-2032.
  • Canada Coordinate Measuring Machine Market to 2032, By Product
    • Horizontal arm is the largest segment in Canada Coordinate Measuring Machine Market to 2032 with a revenue of 29.15 USD Million in the year 2024.
    • Horizontal arm is the Fastest growing segment in Canada Coordinate Measuring Machine Market to 2032 with a Growth rate of 8.59 % in forecast period 2025-2032.
  • Canada Coordinate Measuring Machine Market to 2032, By Type of Bearing
    • Air bearings is the largest segment in Canada Coordinate Measuring Machine Market to 2032 with a revenue of 49.99 USD Million in the year 2024.
    • Recirculating bearing packs is the Fastest growing segment in Canada Coordinate Measuring Machine Market to 2032 with a Growth rate of 7.80 % in forecast period 2025-2032.

Canada Coordinate Measuring Machine Market Company Share Analysis

 
Company Name Company Share Analysis
Hexagon AB
Carl Zeiss Meditec group
FARO
Nikon Corporation
Mitutoyo America Corporation
Canada Coordinate Measuring Machine Market Company Share Analysis

Canada Coordinate Measuring Machine Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Coordinate Measuring Machine Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Coordinate Measuring Machine Market Company Profiling

Canada Coordinate Measuring Machine Market Company Profiling
Frequently Asked Questions
The Canada Coordinate Measuring Machine Market is segmented based on Segmentation Industry,Components,Product,Type of Bearing.
Canada Coordinate Measuring Machine Market was valued at USD 68.73(Revenue in USD Million) in 2022.
Canada Coordinate Measuring Machine Market is projected to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
The Air bearings segment is expected to dominate the Canada Coordinate Measuring Machine Market, holding a largest market share of 49.99 USD Million in 2024

Canada Coordinate Measuring Machine Market Scope

Canada Coordinate Measuring Machine Market Segmentation & Scope
Industry
  • Others
  • Military
  • Energy and power
  • Electronics and electrical
  • Aerospace
  • Automotive
Components
  • Computer hardware and software
  • Probe system
  • Linear measurement transducers
  • Machine structure
Product
  • Cantilever
  • Articulated arm
  • Bridge
  • Gantry
  • Horizontal arm
Type of Bearing
  • Recirculating bearing packs
  • Roller bearings
  • Air bearings
Frequently Asked Questions
The Canada Coordinate Measuring Machine Market is segmented based on Segmentation Industry,Components,Product,Type of Bearing.
Canada Coordinate Measuring Machine Market was valued at USD 68.73(Revenue in USD Million) in 2022.
Canada Coordinate Measuring Machine Market is projected to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Coordinate Measuring Machine Market for final year is USD 108.86 (USD Million).

Canada Coordinate Measuring Machine Market Company Profiling

Canada Coordinate Measuring Machine Market Company Profiling
Frequently Asked Questions
The Canada Coordinate Measuring Machine Market is segmented based on Segmentation Industry,Components,Product,Type of Bearing.
Canada Coordinate Measuring Machine Market was valued at USD 68.73(Revenue in USD Million) in 2022.
Canada Coordinate Measuring Machine Market is projected to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Coordinate Measuring Machine Market for final year is USD 108.86 (USD Million).

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