Global Precision Engineering Machines Market Report 2024

Precision Engineering Machines Global Market Report 2024 – By Type (Computer Numerical Control Machine Tools, Electrical Discharge Machining Machine Tools, Other Types), By Material (Plastic, Steel, Bronze, Glass, Brass, Other Materials), By End Use (Automotive, Non-Automotive) – Market Size, Trends, And Global Forecast 2024-2033

Precision Engineering Machines Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Precision Engineering Machines Market Definition And Segments

Precision engineering machines refer to highly specialized tools designed for accurate and intricate manufacturing processes. These machines are designed to achieve tight tolerances and dimensional control during manufacturing. These equipment and components are used in several industries for high-precision machining procedures, such as turning, milling, drilling, and other machining operations.

The main types of precision engineering machines are computer numerical control machine tools, electrical discharge machining machine tools, and others. Computer numerical control (CNC) refers to the automated control of tools by a computer. The materials are plastic, steel, bronze, glass, brass, and others and are used for various end uses, such as automotive and non-automotive.

The precision engineering machines market covered in this report is segmented –

1) By Type: Computer Numerical Control Machine Tools, Electrical Discharge Machining Machine Tools, Other Types

2) By Material: Plastic, Steel, Bronze, Glass, Brass, Other Materials

3) By End Use: Automotive, Non-Automotive

The precision engineering machines market size has grown strongly in recent years. It will grow from $13.56 billion in 2023 to $14.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to consumer electronics demand, quality management standards, globalization and trade, standardization efforts, automobile industry and military applications.

The precision engineering machines market size is expected to see strong growth in the next few years. It will grow to $18.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to smart factories, high-speed machining, sustainable manufacturing practices, customization and personalization. Major trends in the forecast period include miniaturization and microfabrication, internet of things (iot) integration, robotics and collaborative automation, precision robotics, digital twin technology, hybrid machining systems and multi-axis machining.

Increased Demand For Consumer Electronics Fuels Surge In Precision Engineering Machines Market

The rising consumer electronics demand is expected to propel the growth of the precision engineering machines market going forward. Consumer electronics is a broad category of electronic devices designed for everyday use by end-users or consumers. The use of precision engineering machines is growing, as it is designed to produce high-precision components and parts that meet tight tolerances and specifications. These machines are essential for the proper functioning of electronic devices and systems. For instance, according to the annual financial report 2022 published by LG Corporation, a South Korea-based consumer electronics and home appliances company, LG had revenue exceeding $60 billion for the first time. This was a 12.9% increase from 2021. The growth was mainly due to the high demand for premium home appliances and automotive parts. Therefore, rising consumer electronics demand is driving the development of the precision engineering machines market.

Major companies operating in the precision engineering machines market are Mitsubishi Electric Corporation, Amera-Seiki, Yamazaki Mazak Corporation, Doosan Machine Tools Co. Ltd., DATRON AG, Brother Industries Ltd., FANUC Corporation, Trumpf Gmbh Co. Kg, Amada Machine Tools Co. Ltd., Makino Milling Machine Co. Ltd., Schuler AG, DMG Mori Co. Ltd., GF Machining Solutions Management SA, Haas Automation Inc., INDEX-Werke GmbH & Co. KG Hahn & Tessky, Sodick Co. Ltd., Hardinge Inc., Tongtai Machine & Tool Co. Ltd., Hurco Companies Inc., Shenyang Machine Tool Co. Ltd., Kitamura Machinery Co. Ltd., Dalian Machine Tool Group (DMTG) Corporation, Chiron Group SE, MLOptic Corp.

A Focus On Cutting-Edge Technologies And Innovative Solutions For Precision Engineering Machines

Major companies operating in the precision engineering machines market are focused on developing innovative machines, such as compact and low-energy-demanding machines, to gain a competitive advance edge in market. Compact and low-energy-demanding machines refer to devices or systems designed to be small in size and have minimal energy requirements. For instance, in May 2022, Loxham Precision Limited, a UK-based precision CNC machine and motion systems manufacturer, launched the ultra-precision 5-axis CNC turn-mill machine. The machine is used for manufacturing intricate components with exceptional precision and efficiency. Ultra-precision 5-axis CNC turn-mill machines in precision engineering involve advanced manufacturing tools for making complex parts with high accuracy and precision.

Flinchbaugh Engineering Inc. Expands Capabilities Through Strategic Acquisition Of Billet Industries

In January 2024, Flinchbaugh Engineering Inc., a US-based precision manufacturing company, acquired Billet Industries for an undisclosed amount. The acquisition aims to expand Flinchbaugh Engineering's capabilities and services and strengthen its market position. Billet Industries is a US-based provider of precision and machining services, including CNC milling and machining.

Asia-Pacific was the largest region in the precision engineering machines market in 2023. The regions covered in the precision engineering machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the precision engineering machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The precision engineering machines market consists of revenues earned by entities providing services such as product development and design support, engineering design and development, large part machining and custom computer numerical control, precision machining, and custom computer numerical control machining solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The precision engineering machines market also includes sales of tooling and machining components, ergonomics equipment, automation solutions, electro-mechanical assemblies, enclosures, boxes, cabinets, and chassis. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The precision engineering machines market research report is one of a series of new reports from The Business Research Company that provides precision engineering machines market statistics, including precision engineering machines industry global market size, regional shares, competitors with a precision engineering machines market share, detailed precision engineering machines market segments, market trends and opportunities, and any further data you may need to thrive in the precision engineering machines industry. This precision engineering machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Precision Engineering Machines Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $14.59 billion
Revenue Forecast In 2033 $18.66 billion
Growth Rate CAGR of 6.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Computer Numerical Control Machine Tools, Electrical Discharge Machining Machine Tools, Other Types
2) By Material: Plastic, Steel, Bronze, Glass, Brass, Other Materials
3) By End Use: Automotive, Non-Automotive
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Mitsubishi Electric Corporation; Amera-Seiki; Yamazaki Mazak Corporation; Doosan Machine Tools Co. Ltd.; DATRON AG; Brother Industries Ltd.; FANUC Corporation; Trumpf Gmbh Co. Kg; Amada Machine Tools Co. Ltd.; Makino Milling Machine Co. Ltd.; Schuler AG; DMG Mori Co. Ltd.; GF Machining Solutions Management SA; Haas Automation Inc.; INDEX-Werke GmbH & Co. KG Hahn & Tessky; Sodick Co. Ltd.; Hardinge Inc.; Tongtai Machine & Tool Co. Ltd.; Hurco Companies Inc.; Shenyang Machine Tool Co. Ltd.; Kitamura Machinery Co. Ltd.; Dalian Machine Tool Group (DMTG) Corporation; Chiron Group SE; MLOptic Corp.
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    Table Of Contents

    1. Executive Summary

    2. Precision Engineering Machines Market Characteristics

    3. Precision Engineering Machines Market Trends And Strategies

    4. Precision Engineering Machines Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Precision Engineering Machines Market Size and Growth

    5.1. Global Precision Engineering Machines Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Precision Engineering Machines Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Precision Engineering Machines Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Precision Engineering Machines Market Segmentation

    6.1. Global Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Computer Numerical Control Machine Tools

    Electrical Discharge Machining Machine Tools

    Other Types

    6.2. Global Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Plastic

    Steel

    Bronze

    Glass

    Brass

    Other Materials

    6.3. Global Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive

    Non-Automotive

    7. Precision Engineering Machines Market Regional And Country Analysis

    7.1. Global Precision Engineering Machines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Precision Engineering Machines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Precision Engineering Machines Market

    8.1. Asia-Pacific Precision Engineering Machines Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Precision Engineering Machines Market

    9.1. China Precision Engineering Machines Market Overview

    9.2. China Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Precision Engineering Machines Market

    10.1. India Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Precision Engineering Machines Market

    11.1. Japan Precision Engineering Machines Market Overview

    11.2. Japan Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Precision Engineering Machines Market

    12.1. Australia Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Precision Engineering Machines Market

    13.1. Indonesia Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Precision Engineering Machines Market

    14.1. South Korea Precision Engineering Machines Market Overview

    14.2. South Korea Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Precision Engineering Machines Market

    15.1. Western Europe Precision Engineering Machines Market Overview

    15.2. Western Europe Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Precision Engineering Machines Market

    16.1. UK Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Precision Engineering Machines Market

    17.1. Germany Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Precision Engineering Machines Market

    18.1. France Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Precision Engineering Machines Market

    19.1. Italy Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Precision Engineering Machines Market

    20.1. Spain Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Precision Engineering Machines Market

    21.1. Eastern Europe Precision Engineering Machines Market Overview

    21.2. Eastern Europe Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Precision Engineering Machines Market

    22.1. Russia Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Precision Engineering Machines Market

    23.1. North America Precision Engineering Machines Market Overview

    23.2. North America Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Precision Engineering Machines Market

    24.1. USA Precision Engineering Machines Market Overview

    24.2. USA Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Precision Engineering Machines Market

    25.1. Canada Precision Engineering Machines Market Overview

    25.2. Canada Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Precision Engineering Machines Market

    26.1. South America Precision Engineering Machines Market Overview

    26.2. South America Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Precision Engineering Machines Market

    27.1. Brazil Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Precision Engineering Machines Market

    28.1. Middle East Precision Engineering Machines Market Overview

    28.2. Middle East Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Precision Engineering Machines Market

    29.1. Africa Precision Engineering Machines Market Overview

    29.2. Africa Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Precision Engineering Machines Market Competitive Landscape And Company Profiles

    30.1. Precision Engineering Machines Market Competitive Landscape

    30.2. Precision Engineering Machines Market Company Profiles

    30.2.1. Mitsubishi Electric Corporation

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Amera-Seiki

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Yamazaki Mazak Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Doosan Machine Tools Co. Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. DATRON AG

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Precision Engineering Machines Market Other Major And Innovative Companies

    31.1. Brother Industries Ltd.

    31.2. FANUC Corporation

    31.3. Trumpf Gmbh Co. Kg

    31.4. Amada Machine Tools Co. Ltd.

    31.5. Makino Milling Machine Co. Ltd.

    31.6. Schuler AG

    31.7. DMG Mori Co. Ltd.

    31.8. GF Machining Solutions Management SA

    31.9. Haas Automation Inc.

    31.10. INDEX-Werke GmbH & Co. KG Hahn & Tessky

    31.11. Sodick Co. Ltd.

    31.12. Hardinge Inc.

    31.13. Tongtai Machine & Tool Co. Ltd.

    31.14. Hurco Companies Inc.

    31.15. Shenyang Machine Tool Co. Ltd.

    32. Global Precision Engineering Machines Market Competitive Benchmarking

    33. Global Precision Engineering Machines Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Precision Engineering Machines Market

    35. Precision Engineering Machines Market Future Outlook and Potential Analysis

    35.1 Precision Engineering Machines Market In 2028 - Countries Offering Most New Opportunities

    35.2 Precision Engineering Machines Market In 2028 - Segments Offering Most New Opportunities

    35.3 Precision Engineering Machines Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Precision Engineering Machines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Precision Engineering Machines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Mitsubishi Electric Corporation Financial Performance
  • Table 75: Amera-Seiki Financial Performance
  • Table 76: Yamazaki Mazak Corporation Financial Performance
  • Table 77: Doosan Machine Tools Co. Ltd. Financial Performance
  • Table 78: DATRON AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Precision Engineering Machines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Precision Engineering Machines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Precision Engineering Machines Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Precision Engineering Machines Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Precision Engineering Machines Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Mitsubishi Electric Corporation Financial Performance
  • Figure 75: Amera-Seiki Financial Performance
  • Figure 76: Yamazaki Mazak Corporation Financial Performance
  • Figure 77: Doosan Machine Tools Co. Ltd. Financial Performance
  • Figure 78: DATRON AG Financial Performance
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Frequently Asked Questions

What is the definition of the precision engineering machines market?

Precision engineering machines refer to highly specialized tools designed for accurate and intricate manufacturing processes. These machines are designed to achieve tight tolerances and dimensional control during manufacturing. These equipment and components are used in several industries for high-precision machining procedures, such as turning, milling, drilling, and other machining operations. For further insights on the precision engineering machines market, request a sample here

How will the precision engineering machines market drivers and restraints affect the precision engineering machines market dynamics? What forces will shape the precision engineering machines industry going forward?

The precision engineering machines market major growth driver - Increased Demand For Consumer Electronics Fuels Surge In Precision Engineering Machines Market. For further insights on the precision engineering machines market, request a sample here

What is the forecast market size or the forecast market value of the precision engineering machines market?

The precision engineering machines market size has grown strongly in recent years. It will grow from $13.56 billion in 2023 to $14.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to consumer electronics demand, quality management standards, globalization and trade, standardization efforts, automobile industry and military applications. The precision engineering machines market size is expected to see strong growth in the next few years. It will grow to $18.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to smart factories, high-speed machining, sustainable manufacturing practices, customization and personalization. Major trends in the forecast period include miniaturization and microfabrication, internet of things (iot) integration, robotics and collaborative automation, precision robotics, digital twin technology, hybrid machining systems and multi-axis machining. For further insights on the precision engineering machines market, request a sample here

How is the precision engineering machines market segmented?

The precision engineering machines market is segmented
1) By Type: Computer Numerical Control Machine Tools, Electrical Discharge Machining Machine Tools, Other Types
2) By Material: Plastic, Steel, Bronze, Glass, Brass, Other Materials
3) By End Use: Automotive, Non-AutomotiveFor further insights on the precision engineering machines market, request a sample here

Which region has the largest share of the precision engineering machines market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the precision engineering machines market in 2023. The regions covered in the precision engineering machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the precision engineering machines market, request a sample here.

Who are the major players in the precision engineering machines market?

Major companies operating in the precision engineering machines market are Mitsubishi Electric Corporation, Amera-Seiki, Yamazaki Mazak Corporation, Doosan Machine Tools Co. Ltd., DATRON AG, Brother Industries Ltd., FANUC Corporation, Trumpf Gmbh Co. Kg, Amada Machine Tools Co. Ltd., Makino Milling Machine Co. Ltd., Schuler AG, DMG Mori Co. Ltd., GF Machining Solutions Management SA, Haas Automation Inc., INDEX-Werke GmbH & Co. KG Hahn & Tessky, Sodick Co. Ltd., Hardinge Inc., Tongtai Machine & Tool Co. Ltd., Hurco Companies Inc., Shenyang Machine Tool Co. Ltd., Kitamura Machinery Co. Ltd., Dalian Machine Tool Group (DMTG) Corporation, Chiron Group SE, MLOptic Corp. For further insights on the precision engineering machines market, request a sample here.

What are the key trends in the precision engineering machines market?

Major trend in the precision engineering machines market - A Focus On Cutting-Edge Technologies And Innovative Solutions For Precision Engineering Machines. For further insights on the precision engineering machines market, request a sample here.

What are the major opportunities in the precision engineering machines market? What are the strategies for the precision engineering machines market?

For detailed insights on the major opportunities and strategies in the precision engineering machines market, request a sample here.

How does the precision engineering machines market relate to the overall economy and other similar markets?

For detailed insights on precision engineering machines market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the precision engineering machines industry?

For detailed insights on the mergers and acquisitions in the precision engineering machines industry, request a sample here.

What are the key dynamics influencing the precision engineering machines market growth? SWOT analysis of the precision engineering machines market.

For detailed insights on the key dynamics influencing the precision engineering machines market growth and SWOT analysis of the precision engineering machines industry, request a sample here.