3D touch probe to hold largest size of touch probe market from 2020 to 2025

The overall touch probe market is expected to grow from USD 606 million in 2020 to USD 736 million by 2025 at a CAGR of 4.0%. The market growth is fueled by robust features of touch probe aiding in the measurement of 3D part geometries, rise in industry safety standards, and increasing automation in automotive manufacturing.

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“3D touch probe to hold largest size of touch probe market from 2020 to 2025.”

A 3D touch probe is used to scan an object in three dimensions—length, breadth, and height. The 3D touch probe scans the object systematically at many points to create a mesh of 3D points. It is majorly used in CNC machining applications for verifying the accuracy of the workpiece. The growing demand in the aerospace & defense industry for the manufacturing of components of an aircraft is fueling the demand for automated CNC machining and CMM machines. The application of touch probes in CNC machining is thus expected to be driven by the growing demand for the aerospace & defense industry.

Touch probe market in APAC to grow at highest CAGR during forecast period

The market in APAC is expected to grow at the highest CAGR during the forecast period. China is expected to continue to account for the largest share of the market in APAC during the forecast period, followed by Japan and South Korea. The growth of the market in APAC can be attributed to rapid industrialization and increasing automation. The touch probe is being majorly used in CNC machining centers for precise manufacturing of various metal parts used in industries such as automotive, aerospace & defense, medical devices, and electronics manufacturing. Owing to the high consumption of consumer products, there is a huge demand for manufacturing in the APAC region. These factors are fueling the adoption of CNC machining centers in APAC and along with the market of touch probes.

Key Market Players

As of 2019, Renishaw (UK), Hexagon (Sweden), DR. Johannes Heidenhain (Germany), Blum-Novotest (Germany), Tormach (Australia), Metrol (Japan), Marposs (Italy), Carl Zeiss (Germany), P-Tech Industries (India), and J&M Precision Products (US) were the major players in the touch probe market.

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