Global Coordinate Measuring Machines (CMM) Market to Exceed US$5.0 Billion by 2018, According to New Report by Global Industry Analysts, Inc. - Page 2
The Asia-Pacific market, spurred by intense activity in China, represents the single-largest region for the CMM market, as stated by the new market research report on Coordinate Measuring Machines. The Asia-Pacific also emerges as the most promising global market for CMM, surging ahead at a sound CAGR of 11.3% through 2018. Asian vendors who offered strong price competition to established industry players in the recent term are now catching up in terms of product quality. Global market for CMM is characterized by the presence of a few yet strong players, together accounting for over 70% of the market space. As the industry becomes more globalized, international players are anticipated to grow organically as well as through strategic mergers and acquisitions to tap the potential of emerging markets in order to offset the sluggishness of western markets.
Key players profiled in the report include Carl Zeiss Industrial Metrology, Chien Wei Precise Technology Co. Ltd., Dukin Co. Ltd., FARO Technologies Inc., Helmel Engineering Products Inc., Hexagon AB, Hexagon Metrology Inc., ITP Group, Inspect3D, International Metrology Systems Ltd., Metrologic Group SA, Metronor AS, Mitutoyo Corp., Nikon Metrology NV, Renishaw Plc., Tarus Products Inc., Trimek, WENZEL Präzision GmbH, among others.
The research report titled “Coordinate Measuring Machines (CMM): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the Coordinate Measuring Machines (CMM) markets, impact of recession on the markets, current market trends, key growth drivers, recent industry activity, and profiles of major/niche global market participants. The report provides annual sales estimates and projections for the years 2010 through 2018 in terms of sales revenues for seven major geographic markets, including the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study also provides historic data for an insight into market evolution over the period 2004 through 2009.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebcoordinate_measuring/machines_CMM_metrology/prweb9825334.htm