Dublin, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The "Touch Probes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Touch Probes estimated at US$602.7 Million in the year 2022, is projected to reach a revised size of US$986.3 Million by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030.
3D Touch Probes, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$393.9 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the 2D Spindle Probes segment is readjusted to a revised 7.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $176.3 Million, While China is Forecast to Grow at 6.1% CAGR
The Touch Probes market in the U.S. is estimated at US$176.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$175.2 Million by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
Select Competitors (Total 37 Featured) -
- Blum-Novotest GmbH
- Centroid CNC
- Haff-Schneider
- Harbin Pioneer MandE Technical
- Heidenhain
- Hexagon AB
- Mahr GmbH
- Marposs
- Metrol
- Micro-Vu
- OGP
- Renishaw
- Tormach Inc.
- ZEISS
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 93 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $602.7 Million |
| Forecasted Market Value (USD) by 2030 | $986.3 Million |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Touch Probes - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/b4yfng
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