Core Viewpoint - The global bridge coordinate measuring machine (CMM) market is projected to reach USD 1.18 billion by 2031, with a compound annual growth rate (CAGR) of 5.6% in the coming years [1]. Market Overview - The structure of a bridge CMM includes a bridge frame, worktable, Z-axis spindle, probe system, control system, and measurement software, allowing for precise measurement of various components [1]. - Major manufacturers in the global bridge CMM market include Hexagon, Carl Zeiss, LK Metrology, Mitutoyo, and Qingdao Leighton, with the top five companies holding approximately 61.0% market share in 2024 [5]. - CNC bridge CMMs dominate the product type segment, accounting for about 95.0% of the market share [9]. - The automotive industry is the primary application sector, representing approximately 31.7% of the demand [10]. Market Drivers - The demand for manufacturing upgrades is increasing as industries move towards high-end and intelligent manufacturing, necessitating precise measurement equipment [12]. - Government policies supporting manufacturing and smart manufacturing, such as the requirement for a 75% localization rate for key measurement equipment, are beneficial for the bridge CMM industry [12]. - Technological advancements in measurement, sensor, and computer technologies are enhancing the precision, automation, and efficiency of bridge CMMs, expanding their application areas [12]. - The rapid development of emerging industries like additive manufacturing and semiconductors is creating new measurement demands, providing opportunities for market growth [12]. Market Challenges - The reliance on imported core technologies, such as high-precision grating scales and probe systems, limits the domestic bridge CMM industry's ability to develop high-end markets and increases production costs [13]. - Intense competition exists in the market, with international brands like Zeiss and Hexagon holding significant market shares and technological advantages [13]. - The difficulty of technological innovation in key areas, such as three-dimensional spatial modeling algorithms, poses challenges for the industry [13]. - A shortage of specialized talent for the operation, maintenance, and research of bridge CMMs is hindering industry growth and technological innovation [13].