Coordinate Measuring Machine Market Size

Coordinate Measuring Machine Market size was valued at USD 4.55 billion in 2024 and is expected to reach USD 13.62 billion by 2037, registering around 8.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of coordinate measuring machine is assessed at USD 4.87 billion.

The rise in the need for high quality products in a competitive market has led to a surge, in precision manufacturing. To meet this rising demand companies are investing in machinery and technologies like coordinate measuring machines (CMMs).

With the increasing emphasis on meeting regulatory standards and customer demands there is a growing need for advanced metrology solutions such, as CMMs. This is driven by the importance placed on quality control and inspection. CMMs offer manufacturers the ability to achieve dependable measurements allowing them to verify the dimensional precision of components detect any imperfections and guarantee adherence, to quality standards.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of coordinate measuring machine is assessed at USD 4.87 billion.

The coordinate measuring machine market size was valued at USD 4.55 billion in 2024 and is expected to reach USD 13.62 billion by 2037, registering around 8.8% CAGR during the forecast period i.e., between 2025-2037. Rising demand for quality control in manufacturing processes, as well as the need for greater accuracy and repeatability in measuring components and products will drive the market growth.

North America industry is estimated to hold largest revenue share of 32% by 2037, due to growing demand for automation and integration of industrial production processes in the automotive and aerospace industries.

The major players in the market include Hexagon AB, Nikon Corporation, Dukin, Eley Metrology, Sipcon Instrument Industries, Keyence Corporation, Mitutoyo, FARO Technologies, Creaform, Aberlink

Coordinate Measuring Machine Market Size