South Korea Coordinate Measuring Machine Market to 2032

Overview

The South Korea Coordinate Measuring Machine Market is expected to reach a 224.01 USD Million by 2032 and is projected to grow at a CAGR of 8.76% from 2025 to 2032.

Revenue, 2024 (USD Million)

133.37

Forecast, 2032 (USD Million)

224.01

CAGR, 2024 - 2032

8.76%

Report Coverage

South Korea

South Korea Coordinate Measuring Machine Market 2018-2032 USD Million

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

Market Growth and Projections:

Market Size (2024): 133.37 USD Million
Projected Market Size (2032): 224.01 USD Million
CAGR (2025-2032): 8.76%

Key Findings of South Korea Coordinate Measuring Machine Market

The South Korea Coordinate Measuring Machine Market was valued at 133.37 USD Million in 2024.
The South Korea Coordinate Measuring Machine Market is likely to grow at a CAGR of 8.76% 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 94.58 USD Million
The fastest growing segment Electronics and electrical in Industry Segment grew Fastest with a CAGR of 10.30% during the forecast period from 2024 to 2032.

South Korea Coordinate Measuring Machine Market Scope

South Korea Coordinate Measuring Machine Market Segmentation & Scope

Type of Bearing

Recirculating bearing packs
Roller bearings
Air bearings

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

South Korea Coordinate Measuring Machine Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Million
Market Value in 2024	133.37 USD Million
Market Value in 2032	224.01 USD Million
CAGR (2025-2032)	8.76%
Historic Data	2016-2023
Market Segments Covered	Type of Bearing,Industry,Components,Product

Regional Insights:

Leading Market (2024-2032): South Korea, leading in terms of revenue 133.37 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 133.37 USD Million in 2024.

Segments and Scope

South Korea Coordinate Measuring Machine Market to 2032, By Type of Bearing
- Air bearings is the largest segment in South Korea Coordinate Measuring Machine Market to 2032 with a revenue of 94.58 USD Million in the year 2024.
- Recirculating bearing packs is the Fastest growing segment in South Korea Coordinate Measuring Machine Market to 2032 with a Growth rate of 8.87 % in forecast period 2025-2032.
South Korea Coordinate Measuring Machine Market to 2032, By Industry
- Automotive is the largest segment in South Korea Coordinate Measuring Machine Market to 2032 with a revenue of 49.07 USD Million in the year 2024.
- Electronics and electrical is the Fastest growing segment in South Korea Coordinate Measuring Machine Market to 2032 with a Growth rate of 9.38 % in forecast period 2025-2032.
South Korea Coordinate Measuring Machine Market to 2032, By Components
- Machine structure is the largest segment in South Korea Coordinate Measuring Machine Market to 2032 with a revenue of 75.52 USD Million in the year 2024.
- Probe system is the Fastest growing segment in South Korea Coordinate Measuring Machine Market to 2032 with a Growth rate of 8.89 % in forecast period 2025-2032.
South Korea Coordinate Measuring Machine Market to 2032, By Product
- Horizontal arm is the largest segment in South Korea Coordinate Measuring Machine Market to 2032 with a revenue of 54.29 USD Million in the year 2024.
- Horizontal arm is the Fastest growing segment in South Korea Coordinate Measuring Machine Market to 2032 with a Growth rate of 9.60 % in forecast period 2025-2032.

South Korea Coordinate Measuring Machine Market Company Share Analysis

Company Name
Hexagon AB
Carl Zeiss Meditec group
FARO
Nikon Corporation
Mitutoyo America Corporation

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

South Korea Coordinate Measuring Machine Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the South Korea Coordinate Measuring Machine Market?

The South Korea Coordinate Measuring Machine Market is segmented based on Segmentation Type of Bearing,Industry,Components,Product.

What is the current market size of the South Korea Coordinate Measuring Machine Market?

South Korea Coordinate Measuring Machine Market was valued at USD 133.37(Revenue in USD Million) in 2022.

What is the expected growth rate of the South Korea Coordinate Measuring Machine Market?

South Korea Coordinate Measuring Machine Market is projected to grow at a CAGR of 8.76% during the forecast period of 2024 to 2032.

Which is the dominating segment in the South Korea Coordinate Measuring Machine Market?

The Air bearings segment is expected to dominate the South Korea Coordinate Measuring Machine Market, holding a largest market share of 94.58 USD Million in 2024