Global Portable Coordinate Measuring Machine (PCMM) Market To Account For USD 278 Million By 2028

June 22, 2022

According to the research report titled ‘Global Portable Coordinate Measuring Machines (PCMM) Market 2022-2028, available with MarketStudyReport, global portable coordinate measuring machine (PCMM) market is poised to generate revenues worth USD 278 million by the year 2028, expanding at a 9% CAGR during the study period.

Surging disposable income and technological advancements are some of the key factors driving the growth of global portable coordinated measuring machine market.

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For those unaware, coordinate measuring machines are defined by their unique ability to measure the geometry of objects accurately, however, these machines continue to evolve as well as provide precise measurements of other several objects and suit the varying metrology needs.

Moreover, technological breakthroughs in this business space has allowed for the development of the portable CMM which is known to be light weight as well as offers all the major benefits of its traditional counterpart.

Notably, the research report on ‘global portable coordinate measuring machine market’ delivers critical information regarding the growth drivers, challenges & restraints, and other revenue prospects that are impacting the growth trajectory of this business vertical. It also offers a comparative analysis of the past and the present market trends to formulate the compound annual growth rate of this industry landscape.

A detailed analysis of the various market segmentations, such as the product varieties and the end-user terrain are also encompassed in the study. Additionally, the report talks about the regional reach as well as the competitive scenario of this business sphere.

Based on the product spectrum, the market is divided into handheld CMM and articulated arm CMM. Citing the end-user landscape, the market is categorized into aerospace and defense, health care, automotive, energy and power, and others.

The regional segmentation of this business space extends to Asia Pacific, North America, Europe, and the Rest of the World.

The competitive landscape of global portable coordinate measuring machine industry is defined by companies such as WENZEL Group GmbH & Co. KG, Trimek S.A., Perceptron Inc., Nikon Corporation, Metronor AS, LK Metrology Ltd., Kreon Technologies SCOOP, Keyence Corporation, Hexagon AB, GOM Metrology, FARO Technologies Inc., Creaform Inc., and Automated Precision Inc.

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