Asia-Pacific Coordinate Measuring Machine Market– Industry Trends and Forecast to 2025

  • Semiconductors and Electronics
  • Published Report
  • Aug 2018
  • Asia-Pacific
  • 165 Pages
  • No of Tables: 58
  • No of Figures: 68

Asia-Pacific Coordinate Measuring Machine Market, By Product (Bridge, Articulated Arm, Horizontal Arm, Gantry, Cantilever), By Component (Machine Structure, Linear Measurement Transducers, Probe System, Computer Hardware and Software), By Type of Bearing (Air Bearings, Roller Bearings, Recirculating Bearing Packs), By Industry (Automotive, Aerospace, Industrial, Electronics and Electrical, Military, Energy and Power, Others), By Country (Japan, China, South Korea, India, Australia, Singapore, Thailand,  Malaysia, Indonesia, Philippines, Rest of APAC) – Industry Trends and Forecast to 2025

Asia-Pacific coordinate measuring machine market is expected to reach USD 1,471.53 million by 2025 from USD 797.23 million in 2017, at the highest CAGR of 8.1% 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.

The major factors contributing to the growth of increase in applications for measurement and inspection in automobile sector and there is growing focus in quality standard which is improving the growth of the market. On the other hand lack of skilled labour and high initial cost of the setup is hampering the growth of market.

Market Segmentation: Asia-Pacific Coordinate Measuring Machine Market

  • The Asia-Pacific coordinate measuring machine market is segmented on the basis of product into horizontal arm, gantry, bridge, articulated arm and cantilever. In 2018, horizontal arm segment is expected to dominate the market and is expected to reach USD 592.95 million by 2025.
  • The Asia-Pacific coordinate measuring machine market is segmented on the basis of Components into machine structure, linear measurement transducers, probe system computer hardware and software. In 2018, machine structure is expected to dominate the coordinate measuring machine market with highest market share.
  • The Asia-Pacific coordinate measuring machine market is segmented on the basis of Industry into automotive, aerospace, electronics and electrical, energy and power, military and others.
  • The Asia-Pacific coordinate measuring machine market is segmented on the basis of type of bearing into air bearings, roller bearings, recirculating bearing packs. In 2018, air bearings is expected to dominate the coordinate measuring machine market with highest market share and is growing at a healthy CAGR in the forecast period 2018 to 2025. In 2018, automotive segment is expected to dominate the coordinate measuring machine market in the forecast period 2018 to 2025.

Key Drivers: Asia-Pacific Coordinate Measuring Machine Market

The major factors contributing to the growth of increase in applications for measurement and inspection in automobile sector and there is growing focus in quality standard which is improving the growth of the market. On the other hand lack of skilled labour and high initial cost of the setup is hampering the growth of market.

Key Points: Asia-Pacific Coordinate Measuring Machine Market

HEXAGON is going to dominate the Asia-Pacific coordinate measuring machine market following with Mitutoyo Corporation, Nikon Corporation, Carl Zeiss AG, FARO Technologies, Inc. and Others

  • Machine structure is expected to dominate the Asia-Pacific coordinate measuring machine market with market share of 55.8%
  • The coordinate measuring machine market in the Asia-Pacific region is leading in, Japan, China, India, South Korea, and Australia. China accounts for the highest market share in this region. The China has highest CAGR of 4%

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