This Frost & Sullivan research service titled World Co-Ordinate Measuring Machines Markets provides an overview of oscilloscopes market revenues along with end-user and geographical analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine the following machine markets: bridge, gantry, horizontal arm and articulated arm.
Co-ordinate Measuring Machines Market Flies High with Demand from the Aerospace and Defence Industry
The growing need to measure locations accurately, especially by the aerospace and defence industries, has catalysed the development of novel co-ordinate measuring machines (CMM) technology. The aerospace and defence industry requires devices that record precise measurements of critical components. "The aircraft manufacturing industry uses a variety of quality and process control tools to ensure the integrity of airframe components," says the analyst of this research service. "With end users preferring tighter tolerances coupled with custom specifications, there is an increase need for CMMs."
Several innovations such as CMMs with scanners and probing capabilities are catering to the demanding customers by providing measurements with high levels of throughput, accuracy and repeatability. Some other recent developments in CMMs are the simultaneous use of non-contact and touch trigger probes, which enhance the measurement accuracy range. Manufacturers are also using in-process gauging and on-machine probing methods to improve the capability of CMMs.
Provision of Value-added Services and Affordable Products to Encourage Uptake of CMMs
CMMs' main functions include both precise feedback information and repeatable positioning. CMM companies supplement these with key value-added services such as software upgrades, retrofitting, repairing, contract inspections and calibration of the machines. For market segments that cannot be persuaded by the addition of extra services, manufacturers have to develop more affordable products by investing in R&D. "Active and successful R&D programmes have leveraged the technology and product lines in the market and helped manufacturers to introduce products and upgrades in operating system software," notes the analyst.
Once market participants educate end users of the functionalities and benefits of their products, they can expect higher sales. Greater end-user knowledge will help customers distinguish between low- and high-end products so they can choose a solution that best fits their needs. In such a competitive market, manufacturers have to offer customised solutions to not only help allay the effects of the prohibitive costs, but also help them stand out from the crowd.
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
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