Skip to main content

Articulated Arm Machine Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023

According to a new market report published by Credence Research, Inc., “Articulated Arm Machine Market (By End-use Application (Industrial Manufacturing, Automotive, Electronics and Electrical, Aerospace, Energy and Power, and Other End-use Applications), By Price (Low-end Articulated Arms, Mid-range Articulated Arms, and High-end Articulated Arms)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023”, the global articulated arm machine market is expected to witness steady growth in demand, expanding at a CAGR of 8.2% during the forecast period 2016 to 2023.
Browse the full Articulated Arm Machine (By End-use Application (Industrial Manufacturing, Automotive, Electronics and Electrical, Aerospace, Energy and Power, and Other End-use Applications), By Price (Low-end Articulated Arms, Mid-range Articulated Arms, and High-end Articulated Arms)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/articulated-arm-machine-market
Product Insights
Articulated arm machines are portable coordinate measuring devices with multi-axis arms. These machines are comparatively light in weight and hence can be ported and placed in different directions to achieve greater flexibility in measuring different parameters. On account of their superior operational capabilities, articulated arm machines are witnessing growing adoption in varied industry verticals including industrial manufacturing, automotives, semiconductors, and aerospace among others. While most other metrology markets are facing uncertainty owing to economic instabilities, the demand for articulated arm machines and related services is expected to remain steady throughout the forecast period.
Competitive Insights:
The global articulated arm machines market is highly consolidated. The leading four manufacturers account for the lions share in the global articulated arm machines market.  Hexagon AB and Faro Technologies, Inc. are identified as the two leading articulated arm machines manufacturers worldwide. Other players including Nikon Metrology Inc., Carl Zeiss Corporation, Renishaw Plc, Trescal SA, and Danish Micro Engineering A/S have been marked as promising and emerging players in the global articulated arm machine market. The market for articulated arm machines has been plagued by lack of product differentiation. Thus, to remain competitive in the market, manufacturers are required to focus on technology development and product innovations. While demand for portable CMMs has offered the necessary push to the market growth, manufacturers and industry experts have also predicted potential prospect for the optical articulated arms segment. In order to limit the effects of price sensitiveness, manufacturers are also focusing on developing a core value scheme around supply chain efficiencies and services.
Geography Insights:
Asia Pacific represents the most lucrative articulated machine market led by growing demand from China. Increasing use of articulated arms for precise engineering and digital inspection processes in aerospace and heavy engineering industries bodes well for market growth in the region. The growth in emerging economies like India and Thailand is expected to be spurred by strong demand from the automotive sector. To manufacture and assemble cars reliably and quickly, the automakers in the region are increasingly making use of articulated arms for the purpose of precision measurements and inspection activities. Industries like semiconductors, aerospace, and pharmaceuticals are placing great importance on precision engineering, necessitating the use of articulated arms and other metrology instruments.
Key Trends:
  • Resurgence in the industrial manufacturing and automotive sector post economic slowdown
  • Growing demand for portable CMMs
  • High Demand for Mid-range (US$ 30,000 – US$ 45,000) Articulated Arms
  • Growing popularity of articulated arms with laser scanners and integrated software
  • Demand for optical articulated arms.
ToC
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 USP and Key Offerings
1.2 Research Methodology
1.2.1 Phase I – Secondary Research
1.2.2 Phase II – Primary Research
1.2.3 Phase III – Expert Panel Review
1.2.4 Assumptions
1.2.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Articulated Arm Machine Market
2.2 Global Articulated Arm Machine Market, By Price Range, 2015 (US$ Mn)
2.3 Global Articulated Arm Machine Market, By End-use Application, 2015 (US$ Mn)
2.4 Global Articulated Arm Machine Market, By Geography, 2015 (US$ Mn)...................................
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Comments

Popular posts from this blog

Harmonic Filter Market-Global Industry Analysis, Size, Share, Growth 2023: Credence Research

According to a new market report published by Credence Research, Inc., “Global Harmonic Filter Market(By Type (Passive Harmonic Filters, Active Harmonic Filters, and Hybrid Harmonic Filters), By End-use (Industrial, Commercial, Residential,), By Voltage Level (Low Voltage, Medium Voltage, and High Voltage)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023” the global harmonic filter market is poised to witness steady growth, growing at a CAGR of 6.9% during the forecast period 2016 – 2023. Browse the full report at http://www.credenceresearch.com/report/harmonic-filter-market Market Insights Harmonics or distortions are ideally produced in an electrically powered system/equipment owing to the presence of non-linear loads like variable frequency drives in the system. The transmission of distortions in electrically powered machinery/equipment is the major cause behind power quality issues.  Large magnitude of harmonics can result in malfunctioning of …

Metabolomics Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025

The latest market report published by Credence Research, Inc. “Metabolomics Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025”, the global metabolomics market was valued at US$ 621.1 Mn in 2016, and is expected to reach US$ 2,428.1 Mn by 2025, expanding at a CAGR of 15.3% from 2017 to 2025. Browse the full report at http://www.credenceresearch.com/report/metabolomics-market Market Insights Metabolomics is the study of chemical process that involves small molecules known as metabolites, present within cells, tissues, biofluids or organism. Metabolites are specific unique chemicals that are left behind in any cellular process, which can be studied for metabolite profiling. Such metabolites include amino acid, sugar, organic acids and volatile metabolites, secondary metabolites includes such as phenolic compound, alkaloids etc.; and pigments such as anthocyanins, carotenoids etc. Metabolomics study helps in integrating technology and the biological pathway, and under…

3D Printing Market Analysis, Application Type, Share, Growth, Trends and Forecast 2017 – 2023: Credence Research

According to a new market research report published by Credence Research“3D Printing  Market(Polyjet, Stereolithography (SL), Fused Deposition Modeling (FDM), Electron Beam Melting, Selective Laser Sintering (SLS), Others) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2023”,the global 3D printing market stood at US$4.83Bn in 2015and is estimated to expand with a CAGR of 15.3% from 2016 to 2023. The complete report is available at http://www.credenceresearch.com/report/3d-printing-market Market Insights 3D printing, also called as additive manufacturing, refers to a process of making three-dimensional (3D) solid objects using a digital model. In 3D printing, the object is prepared by placing down successive layers of material. Since the introduction of 3D printing technology in 1984, the technology is steadily becoming popular and is expected to gain substantial traction in the coming years. Till date, the 3D printing technology is used in various applications…