Articulate Arm Machines Market - Introduction

Articulate arm machines are type of portable CMM (coordinate measuring machine). The articulate arm machines are come up with the multi-axis arms and these are comparatively light in weight and hence can be placed and moved in several directions to achieve high flexibility in measuring diverse parameters. Hence the demand for portable articulated arms is more as compared to fixed coordinate measuring machine configurations. The articulated arm machines are mainly used for applications limited to various end users such as automotive, aerospace, military, medical, animation and electronics.

Articulate Arm Machines Market – Competitive Landscape

Hexagon AB

Founded in 1992, Hexagon AB is headquartered in Cobham, Europe. Hexagon AB is a leading provider of sensor, software and autonomous solutions. The company’s manufacturing intelligence division is specialize in providing metrological and manufacturing solutions. The technologies offered by company enables manufacturers to take control of quality at all the important stages of their process. Hexagon AB has 4.22 Bn revenue and has approximately 20,000 employees operating through 50 countries.

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FARO Technologies, Inc.

Incorporated in 1992, FARO Technologies, Inc. is based in Lake Mary, Florida. The company is global leading provider of 3D measurement, imaging and realization technology products. The company’s wide range innovative solutions enables high-precision 3D capture, measurement and analysis across various end-use industries such as engineering, manufacturing, construction, and among others. The company serves globally with its operating units in U.S., Mexico, Brazil, Germany, Canada, U.K., France, Poland, Spain, Singapore, Turkey, Italy, the Netherlands, Switzerland, India, Malaysia, China, South Korea, Japan, Thailand, and Australia.

Renishaw plc.

Incorporated in 1973, Renishaw plc.is located in Gloucestershire, United Kingdom. The company is world leader in providing engineering and scientific technology solutions mainly for precision measurement and healthcare. Renishaw plc is expertise in the field of 3D printing. The company serves 36 countries with its 80 functioning units. In the FY year 2018, the company achieve US$ 746.14 million revenue of which 95% was due to exports.

Carl Zeiss AG

Founded in 1846, Carl Zeiss AG company has global presence with headquarters in Oberkochen, Germany. The company mainly operate through its 4 segments such as industrial quality & research, medical technology, consumer markets and semiconductor manufacturing technology. Carl Zeiss AG is expertise in optics and optoelectronics fields of operation. The company offers high edge innovative solutions, medical technology solutions and microscopy solutions for diagnostics and treatment in ophthalmology and microsurgery, the life sciences and materials research and industrial metrology and quality assurance. Carl Zeiss AG achieve 6.42 billion revenue in year 2018.

Mitutoyo Corporation

Established in 1934, Mitutoyo Corporation is based in Kanagawa Japan. The company has two main business segments such as manufacturing and sales of precision measuring instruments. It generated US$ 1220.65 million revenue in 2018 from product sale. Mitutoyo Corporation has developed close-knit network in all high growth regions. The company also provide training to the professionals who use measuring instruments.

Some of the key players operating in the global articulate arm machines market with significant developments include Nikon Metrology Inc., Quality Vision International, Perceptron, Inc., Laser Mechanisms, Inc., and Optical Metrology Services Ltd.

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Articulate Arm Machines Market – Dynamics

Growing adoption of automated measurement technology in product manufacturing

The field of science that concerned with both theoretical and practical aspects of measurement is known as metrology. These metrological solutions assist product manufacturers to make their manufacturing processes fast and efficient by allowing comprehensive measurement and inspection of every element involved. Thus to improve manufacturing process demand of automated measurement technology is increased. This increased demand can drives the growth of articulate arm machines in manufacturing industry.

Growing Demand of Advanced Measuring technology for 3D Inspection

3D systems metrology inspection tools can identify process issues quickly which will results in highly accurate inspection and saving of surplus production cost as well as it can increase product and manufacturing quality. Thus demand for 3D data system for modelling and analysis are largely increase. Hence the rapid acceptance of 3D data inspection technology are expected to drive the growth of articulate arm machines market during forecast period.

Articulate Arm Machines Market – Segmentation

The articulate arm machines market can be bifurcated on the basis of:

  • Machine Type
  • Application
  • End-use Industry
  • Region

Articulate Arm Machines Market Segmentation – By Machine Type

Depending on the machine type, the articulate arm machines market can be divided into:

  • Articulating Arm With Laser Line Scanners
  • Articulating Arm Without Laser Line Scanners

Articulate Arm Machines Market Segmentation – By Application

In terms of application, the articulate arm machines market can be segmented into:

  • 3D Inspections
  • Tool Certifications
  • CAD-Based Inspection
  • Dimensional Analysis
  • Reverse Engineering
  • Other

Articulate Arm Machines Market Segmentation – By End-use Industry

On the basis of the end-use industry, the articulate arm machines market can be bifurcated into:

  • Industrial Manufacturing
  • Automotive
  • Electrical & Electronics
  • Aerospace
  • Energy & Power
  • Others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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