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].

Core Viewpoint - The international economic and trade environment is complex, but Shandong's electromechanical manufacturing companies are actively adapting and achieving significant export growth through innovation-driven strategies. Group 1: Export Performance - In the first five months of this year, Shandong's electromechanical product exports reached 415.92 billion yuan, a year-on-year increase of 12%, accounting for 48.1% of the total export value [1] - Hexagon Manufacturing Intelligence (Qingdao) Co., Ltd. reported an export value of 13.5 million yuan in the first five months, reflecting a year-on-year growth of 16% [1] - Qingdao Shuangrui Marine Environmental Engineering Co., Ltd. achieved a production value of 1.01 billion yuan in the first five months, with a year-on-year increase of 13.4% and an export growth of 15.6% [3] Group 2: Innovation and Technology Investment - Hexagon Manufacturing emphasizes product research and development, having obtained over 4,000 valid patents to enhance market competitiveness [1] - Qingdao Shuangrui has invested over 70 million yuan in technological transformation over the past three years, introducing advanced equipment to increase production automation [2] - The implementation of a full-process digital transformation at Qingdao Shuangrui has led to a 13% increase in raw material utilization, a 17% reduction in production cycle, and an 11% decrease in costs, resulting in a 20% increase in production capacity [3] Group 3: Market Expansion Strategies - Hexagon Manufacturing is actively expanding into Southeast Asia, Europe, and South America, with over 800 orders currently in hand [2] - Qingdao Customs is assisting companies by conducting information collection and regulatory research to help them meet international standards for precision instruments [2] - The support from Qingdao Customs includes simplifying procedures for enterprise manual filing and verification, accelerating customs clearance, and fostering credit cultivation for high-end manufacturing enterprises [3]