Global Touch Probe Market Analysis & Trends - Industry Forecast to 2028

Global Touch Probe Market Analysis & Trends - Industry Forecast to 2028

  • August 2020 •
  • 170 pages •
  • Report ID: 5954324 •
  • Format: PDF
The Global Touch Probe Market is poised to grow strong during the forecast period 2018 to 2028.

Some of the prominent trends that the market is witnessing include increasing automation in automotive manufacturing, rising demand for CNC machining centres from different industries, and improved industry safety standards leading to adoption of touch probes.

Based on the transmission, the market is classified into radio, optical, and hard-wired.

By type, the market is fragmented into tool-length measuring probes, tool touch-off probes, 3D touch probes, and 2D spindle probes.

On the basis of axes measurement, the market is bifurcated into 5-axis touch probes and 3-axis touch probes.

With respect to the offering, the market is segmented into hardware and software. The hardware segment is further segregated into battery compartments, signal cables, optical machine probes (OMPS), styli, measuring units, and shanks.

On the contrary to measuring technology, the market is divided into strain gauge touch probes, optical touch probes, and kinematic resistive touch probes.

By application, the market is classified into coordinate measuring machine (CMM), machine tools, computerized numerical control (CNC) machining centres, and computerized numerical control (CNC) turning centres. The computerized numerical control (CNC) machining centres segment is further bifurcated into computerized numerical control (CNC) vertical machining centres and computerized numerical control (CNC) horizontal machining centres.

Based on the end-user, the market is fragmented into oil & gas, medical devices, electronics manufacturing, automotive, aerospace & defense and, other end users. The other end-users segment is further divided into general manufacturing and power generation.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub-segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
- Market opportunities and recommendations for new investments