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Touch Probe Market Outlook Study 2020-2025: Optical Touch Probes, CNC Machining Center Applications, and Asia-Pacific Lead Their Segments, RespectivelyDUBLIN, Jan. 21, 2020 /PRNewswire/ -- The "Touch Probe Market by Type (3D, 2D, Tool-length Measuring, Tool Touch-off), Transmission (Optical, Radio, Hard-wired), Application (CNC Machining, CNC Turning, Others), Offering, Industry, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global touch probe market is estimated to reach USD 736 million by 2025 from USD 606 million in 2020 at a CAGR of 4%. Key players in the market include Renishaw (UK), Hexagon (Sweden), DR. Johannes Heidenhain (Germany), Blum-Novotest (Germany), Tormach (Australia), Metrol (Japan), Marposs (Italy), Carl Zeiss (Germany), P-Tech Industries (India), J&M Precision Products (US). Optical touch probe market to grow at highest CAGR during forecast period. Established medical device providers, as well as new manufacturers in APAC, are constantly trying to innovate and reduce the cost of production. These factors are driving the demand for CNC machining centers in the APAC region and thus drive the market of touch probe in this region for the next few years. Key Topics Covered 1 Introduction 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Low-Cost 3D Scanning of Workpieces Offered by Touch Probes 5.2.1.2 Improved Industry Safety Standards Leading to Adoption of Touch Probes in Various Industries 5.2.1.3 Automation of Automotive Industry 5.2.2 Restraints 5.2.2.1 Increased Adoption of 3D Laser Scanners 5.2.3 Opportunities 5.2.3.1 Rise in Demand for CNC Machining Centers From Different Industries 5.2.4 Challenges 5.2.4.1 Sluggish Growth of Global Oil & Gas Industry 5.2.4.2 High Costs Involved in Installation of Touch Probes and Requirement of Skilled Professionals to Operate Them 5.3 Value Chain Analysis 6 Touch Probe Market, By Type 6.1 Introduction 6.2 3D Touch Probes 6.2.1 3D Touch Probes Segment Held the Largest Share of Market in 2019 6.3 2D Spindle Probes 6.3.1 Optical Transmission Segment of 2D Spindle Probes Market Projected to Grow at the Highest CAGR From 2020 to 2025 6.4 Tool-Length Measuring Probes 6.4.1 Hard-Wired Segment Held the Largest Share of Tool Length Measuring Probes Market in 2019 6.5 Tool Touch-Off Probes 6.5.1 Hardware Segment Expected to Hold A Larger Share of Tool Touch-Off Probes Market Than Software Segment From 2020 to 2025 7 Touch Probe Market, By Transmission 7.1 Introduction 7.2 Hard-Wired 7.2.1 Hard-Wired Segment Projected to Hold the Largest Size of Market From 2020 to 2025 7.3 Radio 7.3.1 3D Touch Probes Segment Projected to Hold Largest Size of Radio Transmission Touch Probe Market From 2020 to 2025 7.4 Optical 7.4.1 Optical Segment of Market Projected to Grow at the Highest CAGR From 2020 to 2025 8 Touch Probe Market, By Offering 8.1 Introduction 8.2 Hardware 8.2.1 Hardware Segment to Hold A Larger Size of Market Than Software Segment From 2020 to 2025 8.2.1.1 Styli 8.2.1.2 Measuring Units 8.2.1.3 Battery Compartments 8.2.1.4 Shanks 8.2.1.5 Signal Cables 8.2.1.6 Optical Machine Probes (OMPS) 8.3 Software 8.3.1 Software Segment of Market to Grow at A Higher CAGR Than Hardware Segment From 2020 to 2025 9 Applications of Touch Probes 9.1 Introduction 9.2 Cnc Machining Centers 9.2.1 Preference for Cnc Machining Centers in Manufacturing Industry and Machine Shops for Developing Parts of Accurate Sizes and Shapes 9.2.1.1 Cnc Vertical Machining Centers 9.2.1.2 Cnc Horizontal Machining Centers 9.3 Cnc Turning Centers 9.3.1 Emergence of Cnc Turning Centers as Most Suitable Option for Large-Scale Production 9.4 Others 10 Axes Measurement in Touch Probes 10.1 Introduction 10.2 3-Axis Touch Probes 10.2.1 3-Axis Touch Probes Segment Held A Larger Share of Market Than 5-Axis Touch Probes Segment in 2019 10.3 5-Axis Touch Probes 10.3.1 Increase in Use of 5-Axis Touch Probes for Highly Precise Evaluation of Workpieces 11 Measuring Technologies Used in Touch Probes 11.1 Introduction 11.2 Optical Touch Probes 11.2.1 Optical Touch Probes Segment Held the Largest Share of Market in 2019 11.3 Kinematic Resistive Touch Probes 11.3.1 Emergence of Kinematic Resistive Touch Probes as the Simplest Touch Probes Used in Different Applications 11.4 Strain Gauge Touch Probes 11.4.1 Strain Gauge Touch Probes are More Complicated Than Resistive Touch Probes 12 Touch Probe Market, By Industry 12.1 Introduction 12.2 Automotive 12.2.1 Automotive Segment Projected to Lead Market From 2020 to 2025 12.3 Aerospace & Defense 12.3.1 North America to Account for the Largest Size of Market for Aerospace & Defense From 2020 to 2025 12.4 Electronics Manufacturing 12.4.1 APAC to Hold the Largest Size of Market for Electronics Manufacturing From 2020 to 2025 12.5 Medical Devices 12.5.1 North America to Hold the Largest Size of Market for Medical Devices From 2020 to 2025 12.6 Oil & Gas 12.6.1 3D Touch Probes Segment Projected to Account for the Largest Size of Market for Oil & Gas From 2020 to 2025 12.7 Others 13 Geographic Analysis 13.1 Introduction 13.2 North America 13.2.1 US 13.2.1.1 US to Hold the Largest Size of Market in North America From 2020 to 2025 13.2.2 Canada 13.2.2.1 Oil & Gas Industry of Canada Expected to Support Growth of Market in Country 13.2.3 Mexico 13.2.3.1 Low-Cost Manufacturing of Aircraft-Related Products in Mexico to Fuel Growth of Market in Country 13.3 Europe 13.3.1 Germany 13.3.1.1 Germany Projected to Account for the Largest Size of Market in Europe From 2020 to 2025 13.3.2 Italy 13.3.2.1 Increased Demand for Touch Probes From Automotive Industry to Fuel the Growth of Market in Italy 13.3.3 France 13.3.3.1 Rise in Demand for Touch Probes From Aerospace Industry of France Expected to Fuel Growth of Market in Country 13.3.4 UK 13.3.4.1 Flourished Manufacturing Sector of UK Projected to Contribute to Growth of Market in Country 13.3.5 Rest of Europe (RoE) 13.4 APAC 13.4.1 China 13.4.1.1 China to Hold the Largest Share of Market in APAC From 2020 to 2025 13.4.2 Japan 13.4.2.1 Rise in Demand for Touch Probes in Electronics Manufacturing Industry Projected to Fuel Growth of Market in Japan 13.4.3 South Korea 13.4.3.1 Flourished Automotive Industry of South Korea Leading to Growth of Market in Country 13.4.4 India 13.4.4.1 Touch Probe Market in India Projected to Grow at the Highest Rate From 2020 to 2025 13.4.5 Rest of APAC (RoAPAC) 13.5 RoW 13.5.1 South America 13.5.1.1 South America Projected to Hold the Largest Size of Market in RoW 13.5.2 Middle East 13.5.2.1 Flourished Oil & Gas Industry in Middle East to Fuel Growth of Market in Region From 2020 to 2025 13.5.3 Africa 13.5.3.1 Increased Number of Manufacturing Activities in Africa to Support Growth of Market in Region 14 Competitive Landscape 14.1 Overview 14.2 Ranking of Players in Touch Probe Market 14.3 Competitive Leadership Mapping 14.3.1 Visionary Leaders 14.3.2 Dynamic Differentiators 14.3.3 Innovators 14.3.4 Emerging Companies 14.4 Competitive Situations & Trends 14.4.2 Expansions and Partnerships 14.4.3 Acquisitions 14.4.4 Contracts and Agreements 15 Company Profiles 15.1 Key Players 15.1.1 Blum-Novotest 15.1.2 Hexagon 15.1.3 Marposs 15.1.4 Metrol 15.1.5 Renishaw 15.1.6 Carl Zeiss 15.1.7 Dr. Johannes Heidenhain 15.1.8 J&M Precision Products 15.1.9 P-Tech Industries 15.1.10 Tormach 15.2 Right to Win 15.3 Other Key Players 15.3.1 Capture 3D 15.3.2 Centroid 15.3.3 DP Technology 15.3.4 DRO PROS 15.3.5 Haff & Schneider 15.3.6 Kriatec Services 15.3.7 Mahr 15.3.8 Micro-Vu 15.3.9 Quality Vision International 15.3.10 Vici & C For more information about this report visit https://www.researchandmarkets.com/r/90de7h Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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