HEXAGON, Mitutoyo Corporation, Carl Zeiss AG, Nikon Corporation Dominating the Market for Global Coordinate Measuring Machine Market in 2017

Global Coordinate Measuring Machine Market is expected to reach USD 3,627.14 million by 2025 and progressing at a significant CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Access Full Report: https://databridgemarketresearch.com/reports/global-coordinate-measuring-machine-market/

The global Coordinate measuring machine market highly concentrated to a few big players and rest to local players who cater to domestic markets only. Coordinate measuring machine market is dominated by HEXAGON accounting for a highest market share in 2017, followed by Mitutoyo Corporation, Mitutoyo Corporation, Nikon Corporation and among others.

HEXAGON:  

Hexagon was founded in 1992 and headquartered at Stockholm, Sweden. The company is engaged in providing digital solutions to create autonomous connected ecosystems (ACE). The major business segments of the company are power & energy, electronics, manufacturing, automotive and aerospace & defense, tooling, mould and die, heavy industry and others. The coordinate measuring machine comes under the electronics &manufacturing business segment. The company has various divisions which include agriculture, geospatial, geosystem, manufacturing intelligence, mining, positioning intelligence, PPM, safety and infrastructure and featured technology. The company provides bridge, gantry and other CMMs, which are in power & energy, safety & security, infrastructure & construction and others industries. The company is an ISO 9001:2015 certified.

The company has its geographic presence in Europe, North America and South America. The company’s different subsidiaries include Intergraph (U.S.), Vero Software (U.K.), Luciad (Belgium), NovAtel Inc.(Canda), MSC Software (U.S.), Elcome Technologies Pvt., Ltd (India) among others. In May, Hexagon (Sweden) which is a leading global provider of information technology solutions acquired NEXTSENSE GmbH (Austria), which is a leading innovator in non-contact profile measurement and surface inspection. This acquisition will extends the company capabilities in automotive fit and finish and other industries like rail and steel where company has comparatively small footprint now. Furthermore, it will add value to all the company customers.

MITUTOYO CORPORATION

Mitutoyo Corporation was founded in 1934 and headquartered at Japan. The company is engaged in manufacturing of measuring instruments and metrological technology. The company offers various product micrometers, micrometer heads, calipers, height and depth measuring tools, inside diameter measuring tools, gauge blocks, calibration equipment, dial indicators, dial test indicators, precision sensor systems, linear encoders, coordinate measuring machines, surface roughness measuring machines, contour measuring machines, roundness/cylindricity measuring machines, hardness testing machines, vision measuring systems, microscopes, profile projectors, objective lens, and measurement data management products.

The company has its geographic presence in Europe, Asia Pacific, North America, EMEA and Latin America. Mitutoyo America Corporation launched its new product under the brand name MiCAT Planner v1.5 for coordinate measuring machines. The product automates the generation of measurement programs based on CAD models containing geometric dimensioning and tolerancing (GD&T) information as well as dimensional measuring equipment (DME). This product launch extended company’s CMM product portfolio

CARL ZEISS AG (SUBSIDIARY OF CARL-ZEISS-STIFTUNG):

Founded in 1846 and headquartered at Oberkochen, Germany. CARL ZEISS AG is engaged in the field of optics and optoelectronics industries. The company provides its solutions in biomedical research, medical technology and the semiconductor, automotive and mechanical engineering industries. The company develops manufactures eyeglass lenses, camera and cine lenses, binoculars and planetariums. The company operates through four businesses segment namely semiconductor manufacturing technology, research &quality technology, medical technology and vision care /consumer technology. The company also provides corporate management and service functions. The coordinate measuring machines products come under the semiconductor manufacturing technology. The various services offered by company are customer support, system support, training, measuring services and others.

The company has around 30 manufacturing sites located across the world and 50 sales and service locations. The company has 25 R&D centers across the globe. The company has its worldwide presence in around 40 countries. The company is a subsidiary of Carl-Zeiss-Stiftung (Germany). The company also has various subsidiaries such as Carl Zeiss Meditec AG (Germany), Carl Zeiss SMT GmbH (Germany), Carl Zeiss Industrial Metrology LLC (U.S.), Carl Zeiss Canada Limited (Canada), Carl Zeiss Jena GmbH (Germany), Carl Zeiss Microscopy, LLC (U.S.).

NIKON METROLOGY NV (SUBSIDIARY OF NIKON CORPORATION)

Nikon Metrology NV was established in 1917 and headquartered at U.S. The Company is a leader in optical instrumentation. It is the only microscope company to manufacture its own glass. The various products offered by company are X-ray and CT inspection, Metrology CT, configurable X-ray CT system, Electronics inspection, in-process CT inspection, X-ray sources, X-ray & CT inspection service and software. The various industries that the company serves are automotive, aerospace, medical, electronics. It also offers various solutions such as dimensional inspection, laser scanning, portable measuring, metrology CT, measuring microscope and various others. The company has ISO/IEC 17025 certified Calibration Laboratory (US).

The company has strong geographic presence in Europe, Africa, Middle East and Asia.