The Asia-Pacific coordinate measuring machine market will grow at a healthy CAGR in the forecast period of 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Segmentation for Measuring Machine Market
The Asia-Pacific coordinate measuring machine market is segmented into;
Product
Components
Industry
Type of Bearing

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The Asia-Pacific coordinate measuring machine market is segmented based on product into five notable segments as bridge, articulated arm, horizontal arm, gantry and cantilever. In 2018, horizontal arm market is likely to dominate market with the highest market share The Asia-Pacific coordinate measuring machine market is segmented based on component into four notable segments; machine structure, linear measurement transducers, probe system, computer hardware and software. In 2018, machine structure market is likely to dominate market with the highest market share.5.
The Asia-Pacific coordinate measuring machine market is segmented based on industry into seven notable segments; automotive, aerospace, industrial, electronics and electrical, military, energy and power and others. In 2018, automotive market is likely to dominate mark.et with the highest market share The Asia-Pacific coordinate measuring machine market is segmented based on type of bearing is segmented into three notable segments; air bearings, roller bearings, recirculating bearing packs. In 2018, air bearings market is likely to dominate market with the highest market share.

Key Market Players for Measuring Machine Market

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,
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

Recent Developments in the market
According to an auto alliance company, in 2017 the automotive industry spent around USD 105.0 billion on R&D worldwide to improve the quality and standards of the vehicles. In the manufacturing industry the CMMs offer accurate and precise measurement services. The metrology machines are used for factory product inspection, calibration, and quality which save a lot of time
? In May 2017, Hexagon (Sweden) which is a leading Asia-Pacific 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.

? In 2014, 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.

Key Takeaways
Prominent factors driving the growth of this market consist of measurement and inspection applications in automobile sector drives demand for the CMM market, growing focus in quality standards, Increasing use of metrology in various industries, are fuel the growth of Asia-Pacific Coordinate Measuring Machine market. Few more are as follows;
Measurement and inspection applications in automobile sector drives demand for the CMM market
Growing Focus in Quality Standards
Increasing use of metrology in various industries

Key factors of the report
The report covers the present scenario and the growth prospects of the Asia-Pacific coordinate measuring machine market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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