Dublin, Feb. 08, 2022 (GLOBE NEWSWIRE) -- The "Global Stationary CMM Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
The global stationary CMM market is estimated to reach approximately $1,683.5 million by 2025
Stationary CMM includes bridge, gantry, and horizontal-arm type CMMs with certain companies in the market offering all product types. Bridge CMM currently holds the major share of the market and is expected to be the largest market throughout the forecast period.
Growing demand for inline measurements, especially in certain applications, is expected to challenge the market for CMMs. The report discusses various trends that are changing stationary CMM market and their business impact on enterprises, service providers, and small and medium.
The research service analyzes the global trends in stationary CMM that was witnessing steady growth with demand predominantly from automotive and aerospace industries. Disruption caused by the onset of the COVID-19 pandemic resulted in demand contraction across these industries.
The economic uncertainty resulted in customers being cautious about their capital expenditures while focusing on maintaining liquidity. Developed nations managed to curb the spread of virus through vaccination drives and restrictions in H2 2020, while many emerging economies continued to struggle. In 2021, the virus spread was further contained as more people got vaccinated.
Although signs of demand recovery were seen toward the end of 2020 and during early 2021, it is unlikely to reach pre-COVID-19 levels. Supply chain disruption coupled with semiconductor chip shortage continues to create bottlenecks for manufacturers. The market for stationary CMM will see a marginal positive growth in 2021 driven mainly by automotive & machine shop industries.
However, this is based on the assumption that there will be no new COVID-19 variants causing disruptions similar to H1 2020. The market for stationary CMM is likely to return to pre-COVID-19 levels during 2022 to 2023 as industries reach maximum plant utilization levels.
The market is segmented by product type, vertical markets, and regional markets. The study covers the market share analysis of top competitors by product segments, and also mentions the prominent channel of distribution used in this market.
North America is a significant contributor to the stationary CMM market owing to manufacturing and tooling industries. Drive toward enhancing fuel efficiencies and environmental compliance in Europe is a key demand contributor.
APAC was the largest contributor and the fastest growing region with rapid industrialization in economies, such as China and India. Market is approached usually through a combination of direct and indirect channels.
Key Topics Covered:
1. Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top Three Strategic Imperatives on Stationary CMM
- Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis - Stationary CMM Market
- Scope of Analysis
- Market Segmentation
- Key Competitors for Stationary CMM
- Revenue Forecast - CMM Market
- Key Trends and Opportunities - CMM Market
- Closed Loop Manufacturing - CMM Market
- Key Growth Metrics for Stationary CMM Market
- Distribution Channels
- Growth Drivers for Stationary CMM Market
- Growth Driver Analysis for Stationary CMM Market
- Growth Restraints for Stationary CMM Market
- Growth Restraint Analysis for Stationary CMM Market
- Forecast Assumptions - Stationary CMM Market
- Revenue Forecast - Stationary CMM Market
- Revenue Forecast by Product - Stationary CMM Market
- Revenue Forecast by Region - Stationary CMM Market
- Revenue Forecast by Industry Vertical - Stationary CMM Market
- Revenue Forecast Analysis - Stationary CMM Market
- Revenue Forecast Analysis by Region - Stationary CMM Market
- Revenue Forecast Analysis by Industry Vertical - Stationary CMM Market
- Pricing Trends and Forecast Analysis - Stationary CMM Market
- Competitive Environment - Stationary CMM Market
- Revenue Share - Stationary CMM Market
- Revenue Share Analysis - Stationary CMM Market
3. Growth Opportunity Analysis - Bridge CMM
- Key Growth Metrics for Bridge CMM
- Revenue Forecast - Bridge CMM
- Percent Sales, Revenue, and Units by Price Segment - Bridge CMM
- Revenue Forecast by Region - Bridge CMM
- Revenue Forecast by Industry Vertical - Bridge CMM
- Revenue Forecast Analysis - Bridge CMM
- Competitive Environment - Bridge CMM
- Revenue Share - Bridge CMM
- Product Examples - Bridge CMM
4. Growth Opportunity Analysis - Gantry CMM
- Key Growth Metrics for Gantry CMM
- Revenue Forecast - Gantry CMM
- Percent Sales, Revenue and Units by Price Segment - Gantry CMM
- Revenue Forecast by Region - Gantry CMM
- Revenue Forecast by Industry Vertical - Gantry CMM
- Revenue Forecast Analysis - Gantry CMM
- Competitive Environment - Gantry CMM
- Revenue Share - Gantry CMM
- Product Examples - Gantry CMM
5. Growth Opportunity Analysis - Horizontal-arm CMM
- Key Growth Metrics for Horizontal-arm CMM
- Revenue Forecast - Horizontal-arm CMM
- Percent Sales, Revenue and Units by Price Segment - Horizontal-arm CMM
- Revenue Forecast by Region - Horizontal-arm CMM
- Revenue Forecast by Industry Vertical - Horizontal-arm CMM
- Revenue Forecast Analysis - Horizontal-arm CMM
- Competitive Environment - Horizontal-arm CMM
- Revenue Share - Horizontal-arm CMM
- Product Examples - Horizontal-arm CMM
6. Growth Opportunity Universe - Stationary CMM Market
- Growth Opportunity 1: Robotic Automation to Assist CMMs with Handling Components to Enhance Throughput
- Growth Opportunity 2: Growth of EVs and Fuel Cells will Continue to Augment CMM Growth Prospects
- Growth Opportunity 3: Additive Manufacturing for Light Weighting of Parts & Components will Drive Demand for CMMs
7. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/7sjg31
