| Product Code: ETC4585225 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India touch probe market import shipment demonstrated a steady upward trajectory with a CAGR of 10.2% from 2020 to 2024. The growth rate accelerated notably by 13.7% between 2023 and 2024, indicating a strong expansion and increasing market demand during this period.
Touch probes are essential components in metrology and precision measurement, used to accurately determine the dimensions and positions of workpieces. The India touch probe market is expanding as industries prioritize quality control and precision in their manufacturing processes. These probes are widely used in sectors such as aerospace, automotive, and tool manufacturing. The market is witnessing the adoption of advanced touch probes with features like wireless connectivity and compatibility with CNC machines. As industries in India focus on enhancing quality and efficiency, the demand for touch probes is on the rise. The government`s push for quality standards and certifications in various industries is also influencing the growth of the touch probe market.
The touch probe market in India is driven by the need for precision measurement and inspection in industries such as aerospace, automotive, and machining. Touch probes enable accurate measurement of workpieces and help in quality control. As these industries demand higher accuracy and efficiency, the adoption of touch probes is on the rise.
The India Touch Probe Market faces challenges in terms of its adoption and integration into the manufacturing processes. Companies need to invest in training their workforce for effective utilization. Additionally, ensuring compatibility with various machine tools and the need for regular recalibration can pose obstacles.
The India Touch Probe Market initially faced disruptions as manufacturing and precision engineering projects were postponed. However, as industries aimed to improve measurement accuracy and quality control, the market regained momentum. The demand for touch probes in machining and metrology applications played a significant role in its recovery.
Prominent companies in the India Touch Probe market include Renishaw India Pvt. Ltd., Hexagon Manufacturing Intelligence India Pvt. Ltd., and Blum Novotest India Pvt. Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Touch Probe Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Touch Probe Market Revenues & Volume, 2021 & 2031F |
3.3 India Touch Probe Market - Industry Life Cycle |
3.4 India Touch Probe Market - Porter's Five Forces |
3.5 India Touch Probe Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Touch Probe Market Revenues & Volume Share, By Transmission, 2021 & 2031F |
3.7 India Touch Probe Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Touch Probe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high precision and accuracy in manufacturing processes |
4.2.2 Increasing adoption of advanced metrology equipment in industries |
4.2.3 Emphasis on quality control and inspection in manufacturing sectors |
4.3 Market Restraints |
4.3.1 High initial investment required for touch probe systems |
4.3.2 Lack of skilled professionals to operate and maintain touch probe equipment |
4.3.3 Limited awareness and understanding of the benefits of touch probe technology in some industries |
5 India Touch Probe Market Trends |
6 India Touch Probe Market, By Types |
6.1 India Touch Probe Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Touch Probe Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Touch Probe Market Revenues & Volume, By 3D, 2021-2031F |
6.1.4 India Touch Probe Market Revenues & Volume, By 2D, 2021-2031F |
6.1.5 India Touch Probe Market Revenues & Volume, By Tool-length Measuring, 2021-2031F |
6.1.6 India Touch Probe Market Revenues & Volume, By Tool Touch-off, 2021-2031F |
6.2 India Touch Probe Market, By Transmission |
6.2.1 Overview and Analysis |
6.2.2 India Touch Probe Market Revenues & Volume, By Optical, 2021-2031F |
6.2.3 India Touch Probe Market Revenues & Volume, By Radio, 2021-2031F |
6.2.4 India Touch Probe Market Revenues & Volume, By Hard-wired, 2021-2031F |
6.3 India Touch Probe Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Touch Probe Market Revenues & Volume, By CNC Machining, 2021-2031F |
6.3.3 India Touch Probe Market Revenues & Volume, By CNC Turning, 2021-2031F |
6.3.4 India Touch Probe Market Revenues & Volume, By Others, 2021-2031F |
7 India Touch Probe Market Import-Export Trade Statistics |
7.1 India Touch Probe Market Export to Major Countries |
7.2 India Touch Probe Market Imports from Major Countries |
8 India Touch Probe Market Key Performance Indicators |
8.1 Average time saved in inspection processes using touch probe systems |
8.2 Percentage increase in adoption rate of touch probe technology across industries |
8.3 Number of training programs conducted for touch probe system operators |
8.4 Rate of improvement in measurement accuracy achieved with touch probe systems |
8.5 Level of customer satisfaction with touch probe equipment performance |
9 India Touch Probe Market - Opportunity Assessment |
9.1 India Touch Probe Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Touch Probe Market Opportunity Assessment, By Transmission, 2021 & 2031F |
9.3 India Touch Probe Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Touch Probe Market - Competitive Landscape |
10.1 India Touch Probe Market Revenue Share, By Companies, 2024 |
10.2 India Touch Probe Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |