Touch Probe Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The overall touch probe market is projected to grow from $660 million in 2020 to $764 million in 2025 at a CAGR of 4%. Market growth has been fueled by the powerful capabilities of touch probes to support 3D part geometry measurement, rising industrial safety standards, and increased automation in automotive manufacturing.

Touch Probe Market Segments:

By Type:

• 3D Touch Probes
• 2D Spindle Probes
• Tool-Length Measuring Probes
• Tool Touch-off Probes

By Transmission

• Optical
• Radio
• Hard-Wired

By Application

• CNC Machining Centers
• CNC Turning Centers
• Others

By Offering

• Hardware
• Software

By Industry

• Automotive
• Aerospace & Defense
• Electronics Manufacturing
• Medical Devices
• Oil & Gas
• Others (power generation and general manufacturing)

Key Market Players

• Renishaw Plc.
• Marposs S.p.A.
• Blum-Novotest GmbH
• HEIDENHAIN
• Hexagon AB
• METROL Co., Ltd.
• Carl Zeiss AG
• Tormach Inc.
• Mahr GmbH
• Centroid Corporation

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Touch Probe Market Report

• What was the Touch Probe Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Touch Probe Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Touch Probe Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.