North America coordinate measuring machine market is expected to reach at a CAGR of 7.1% in the forecast period of 2017 to 2024. The new market report contains data for the historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Segmentation
By Product type (horizontal arm, gantry, bridge, articulated arm and cantilever), Components (machine structure, linear measurement transducers, probe system and computer hardware and software),Industry (automotive, aerospace, electronics and electrical, military, energy and power and others, Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2025

Major growing sectors under the market segmentation are as follows;

In product type, the market of Horizontal arm is considered as highest owing to wide use in industries such as in automotive, aerospace, power and energy and others. Because of this extensive usage in various industries, horizontal arm are growing at the highest CAGR.

In components, Probe system market is growing at the highest CAGR due to rapid advancement in technology in probe system.

In industry, electronics and electrical is growing with highest CAGR rate due to widely increase of coordinate measuring machine in electronics and electrical industry.


Key Market Players

The key market players for North America coordinate measuring machine market market are listed below;

Wenzel, Chien
Wei Precise Technology Co., ltd
Renishaw Plc
Creaform, Helmel Engineering Products, Inc.
Werth Messtechnik Gmbh
Xi'an High-Tech Aeh Industrial Metrology Co.Ltd,Itp Group
Nano (Xi'an) Metrology Co.,Ltd and Aberlink Ltd
Zeiss International (Subsidiary Of Carl-Zeiss-Stiftung
Faro Technologies, Inc
Hexagon AB
Mitutoyo Corporation
Nikon Metrology NV
Perceptron, Inc
DUKIN Co. Ltd
International Metrology Systems
Metronor
TRIMEK