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Global Precision Machining Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Global Precision Machining Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Industry: Service & Software

Published Date: 2025-02-21

Pages: 79 Pages

Report ld: 4147232

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The global Precision Machining market size was US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.

Precision machining is the process wherein raw material is removed from an object to create a smaller, finished product utilizing cutting machines, software applications, and human engineering to meet very exacting specifications.

The North America Precision Machining market size was US$ million in 2024, while Europe was US$ million. The proportion of the North America was % in 2024, while Europe percentage was %, and it is predicted that Europe share will reach % in 2031, trailing a CAGR of % through the analysis period.

The global key players of Precision Machining include MNB Precision, Nidec Corporation, Sanmina, Ascentec, Swiss Precision Machining, Elcon Precision, Oberg Industries, Gemini Group, etc. In 2024, the global top five players occupied for a share approximately % in terms of revenue.

In North America, in terms of revenue, in 2024, the top three players hold a share about %, while in Europe, top three players hold a share nearly %.

The global Precision Machining market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Precision Machining market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2020-2031.

MARKET SEGMENTATION

By Company

  • MNB Precision
  • Nidec Corporation
  • Sanmina
  • Ascentec
  • Swiss Precision Machining
  • Elcon Precision
  • Oberg Industries
  • Gemini Group

Consumption by Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Netherlands
    • Nordic Countries
    • Rest of Europe
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA

Segment by Type

  • Milling
  • Turning
  • Electrical Discharge Machining

Segment by Application

  • Automobile
  • Optics
  • Medicine and Biotechnology
  • Mechanical
  • Electronics and Semiconductors
  • Aerospace and Defense
  • Others

biaoTi CHAPTER OUTLINE

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Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

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Chapter 2: Revenue of Precision Machining in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region.

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Chapter 3: Detailed analysis of Precision Machining manufacturers competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

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Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

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Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

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Chapter 6: Region analysis by company, by Type, by Application, revenue for each segment.

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Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Precision Machining revenue, gross margin, and recent development, etc.

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Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

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Chapter 9: The main points and conclusions of the report.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region
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We identify regional market threats and growth prospects to guide your overseas layout.

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We unpack rivals’ operation strategies for scattered and highly concentrated industries.

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TABLE OF CONTENTS

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1 Report Overview

1.1 Study Scope

1.2 Market by Type

1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031

1.2.2 Milling

1.2.3 Turning

1.2.4 Electrical Discharge Machining

1.3 Market by Application

1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031

1.3.2 Automobile

1.3.3 Optics

1.3.4 Medicine and Biotechnology

1.3.5 Mechanical

1.3.6 Electronics and Semiconductors

1.3.7 Aerospace and Defense

1.3.8 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

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2 Global Growth Trends

2.1 Global Precision Machining Market Perspective (2020-2031)

2.2 Global Market Size by Region: 2020 VS 2024 VS 2031

2.3 Global Precision Machining Revenue Market Share by Region (2020-2025)

2.4 Global Precision Machining Revenue Forecast by Region (2026-2031)

2.5 Major Region and Emerging Market Analysis

2.5.1 North America Precision Machining Market Size and Prospective (2020-2031)

2.5.2 Europe Precision Machining Market Size and Prospective (2020-2031)

2.5.3 China Precision Machining Market Size and Prospective (2020-2031)

2.5.4 Japan Precision Machining Market Size and Prospective (2020-2031)

2.5.5 Southeast Asia Precision Machining Market Size and Prospective (2020-2031)

2.5.6 India Precision Machining Market Size and Prospective (2020-2031)

2.5.7 Central & South America Precision Machining Market Size and Prospective (2020-2031)

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3 Breakdown Data by Type

3.1 Global Precision Machining Historic Market Size by Type (2020-2025)

3.2 Global Precision Machining Forecasted Market Size by Type (2026-2031)

3.3 Different Types Precision Machining Representative Players

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4 Breakdown Data by Application

4.1 Global Precision Machining Historic Market Size by Application (2020-2025)

4.2 Global Precision Machining Forecasted Market Size by Application (2026-2031)

4.3 New Sources of Growth in Precision Machining Application

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5 Competition Landscape by Players

5.1 Global Top Players by Revenue

5.1.1 Global Top Precision Machining Players by Revenue (2020-2025)

5.1.2 Global Precision Machining Revenue Market Share by Players (2020-2025)

5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

5.3 Players Covered: Ranking by Precision Machining Revenue

5.4 Global Precision Machining Market Concentration Analysis

5.4.1 Global Precision Machining Market Concentration Ratio (CR5 and HHI)

5.4.2 Global Top 10 and Top 5 Companies by Precision Machining Revenue in 2024

5.5 Global Key Players of Precision Machining Head office and Area Served

5.6 Global Key Players of Precision Machining, Product and Application

5.7 Global Key Players of Precision Machining, Date of Enter into This Industry

5.8 Mergers & Acquisitions, Expansion Plans

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6 Region Analysis

6.1 North America Market: Players, Segments and Downstream

6.1.1 North America Precision Machining Revenue by Company (2020-2025)

6.1.2 North America Market Size by Type

6.1.2.1 North America Precision Machining Market Size by Type (2020-2025)

6.1.2.2 North America Precision Machining Market Share by Type (2020-2025)

6.1.3 North America Market Size by Application

6.1.3.1 North America Precision Machining Market Size by Application (2020-2025)

6.1.3.2 North America Precision Machining Market Share by Application (2020-2025)

6.1.4 North America Market Trend and Opportunities

6.2 Europe Market: Players, Segments and Downstream

6.2.1 Europe Precision Machining Revenue by Company (2020-2025)

6.2.2 Europe Market Size by Type

6.2.2.1 Europe Precision Machining Market Size by Type (2020-2025)

6.2.2.2 Europe Precision Machining Market Share by Type (2020-2025)

6.2.3 Europe Market Size by Application

6.2.3.1 Europe Precision Machining Market Size by Application (2020-2025)

6.2.3.2 Europe Precision Machining Market Share by Application (2020-2025)

6.2.4 Europe Market Trend and Opportunities

6.3 China Market: Players, Segments and Downstream

6.3.1 China Precision Machining Revenue by Company (2020-2025)

6.3.2 China Market Size by Type

6.3.2.1 China Precision Machining Market Size by Type (2020-2025)

6.3.2.2 China Precision Machining Market Share by Type (2020-2025)

6.3.3 China Market Size by Application

6.3.3.1 China Precision Machining Market Size by Application (2020-2025)

6.3.3.2 China Precision Machining Market Share by Application (2020-2025)

6.3.4 China Market Trend and Opportunities

6.4 Japan Market: Players, Segments and Downstream

6.4.1 Japan Precision Machining Revenue by Company (2020-2025)

6.4.2 Japan Market Size by Type

6.4.2.1 Japan Precision Machining Market Size by Type (2020-2025)

6.4.2.2 Japan Precision Machining Market Share by Type (2020-2025)

6.4.3 Japan Market Size by Application

6.4.3.1 Japan Precision Machining Market Size by Application (2020-2025)

6.4.3.2 Japan Precision Machining Market Share by Application (2020-2025)

6.4.4 Japan Market Trend and Opportunities

6.5 Southeast Asia Market: Players, Segments and Downstream

6.5.1 Southeast Asia Precision Machining Revenue by Company (2020-2025)

6.5.2 Southeast Asia Market Size by Type

6.5.2.1 Southeast Asia Precision Machining Market Size by Type (2020-2025)

6.5.2.2 Southeast Asia Precision Machining Market Share by Type (2020-2025)

6.5.3 Southeast Asia Market Size by Application

6.5.3.1 Southeast Asia Precision Machining Market Size by Application (2020-2025)

6.5.3.2 Southeast Asia Precision Machining Market Share by Application (2020-2025)

6.5.4 Southeast Asia Market Trend and Opportunities

6.6 India Market: Players, Segments and Downstream

6.6.1 India Precision Machining Revenue by Company (2020-2025)

6.6.2 India Market Size by Type

6.6.2.1 India Precision Machining Market Size by Type (2020-2025)

6.6.2.2 India Precision Machining Market Share by Type (2020-2025)

6.6.3 India Market Size by Application

6.6.3.1 India Precision Machining Market Size by Application (2020-2025)

6.6.3.2 India Precision Machining Market Share by Application (2020-2025)

6.6.4 India Market Trend and Opportunities

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7 Key Players Profiles

7.1 MNB Precision

7.1.1 MNB Precision Company Details

7.1.2 MNB Precision Business Overview

7.1.3 MNB Precision Precision Machining Introduction

7.1.4 MNB Precision Revenue in Precision Machining Business (2020-2025)

7.1.5 MNB Precision Recent Development

7.2 Nidec Corporation

7.2.1 Nidec Corporation Company Details

7.2.2 Nidec Corporation Business Overview

7.2.3 Nidec Corporation Precision Machining Introduction

7.2.4 Nidec Corporation Revenue in Precision Machining Business (2020-2025)

7.2.5 Nidec Corporation Recent Development

7.3 Sanmina

7.3.1 Sanmina Company Details

7.3.2 Sanmina Business Overview

7.3.3 Sanmina Precision Machining Introduction

7.3.4 Sanmina Revenue in Precision Machining Business (2020-2025)

7.3.5 Sanmina Recent Development

7.4 Ascentec

7.4.1 Ascentec Company Details

7.4.2 Ascentec Business Overview

7.4.3 Ascentec Precision Machining Introduction

7.4.4 Ascentec Revenue in Precision Machining Business (2020-2025)

7.4.5 Ascentec Recent Development

7.5 Swiss Precision Machining

7.5.1 Swiss Precision Machining Company Details

7.5.2 Swiss Precision Machining Business Overview

7.5.3 Swiss Precision Machining Precision Machining Introduction

7.5.4 Swiss Precision Machining Revenue in Precision Machining Business (2020-2025)

7.5.5 Swiss Precision Machining Recent Development

7.6 Elcon Precision

7.6.1 Elcon Precision Company Details

7.6.2 Elcon Precision Business Overview

7.6.3 Elcon Precision Precision Machining Introduction

7.6.4 Elcon Precision Revenue in Precision Machining Business (2020-2025)

7.6.5 Elcon Precision Recent Development

7.7 Oberg Industries

7.7.1 Oberg Industries Company Details

7.7.2 Oberg Industries Business Overview

7.7.3 Oberg Industries Precision Machining Introduction

7.7.4 Oberg Industries Revenue in Precision Machining Business (2020-2025)

7.7.5 Oberg Industries Recent Development

7.8 Gemini Group

7.8.1 Gemini Group Company Details

7.8.2 Gemini Group Business Overview

7.8.3 Gemini Group Precision Machining Introduction

7.8.4 Gemini Group Revenue in Precision Machining Business (2020-2025)

7.8.5 Gemini Group Recent Development

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8 Precision Machining Market Dynamics

8.1 Precision Machining Industry Trends

8.2 Precision Machining Market Drivers

8.3 Precision Machining Market Challenges

8.4 Precision Machining Market Restraints

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9 Research Findings and Conclusion

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10 Appendix

10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.1.1 Research Programs/Design

10.1.1.2 Market Size Estimation

10.1.1.3 Market Breakdown and Data Triangulation

10.1.2 Data Source

10.1.2.1 Secondary Sources

10.1.2.2 Primary Sources

10.2 Author Details

10.3 Disclaimer

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TABLE OF FIGURES

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List of Tables

Table 1. Global Precision Machining Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Precision Machining Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market Precision Machining Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Precision Machining Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global Precision Machining Revenue Share by Region (2020-2025)
Table 6. Global Precision Machining Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global Precision Machining Revenue Share Forecast by Region (2026-2031)
Table 8. Global Precision Machining Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global Precision Machining Revenue Market Share by Type (2020-2025)
Table 10. Global Precision Machining Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global Precision Machining Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global Precision Machining Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global Precision Machining Revenue Market Share by Application (2020-2025)
Table 15. Global Precision Machining Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global Precision Machining Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in Precision Machining Application
Table 18. Global Precision Machining Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global Precision Machining Market Share by Players (2020-2025)
Table 20. Global Top Precision Machining Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Precision Machining as of 2024)
Table 21. Ranking of Global Top Precision Machining Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by Precision Machining Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of Precision Machining, Headquarters and Area Served
Table 24. Global Key Players of Precision Machining, Product and Application
Table 25. Global Key Players of Precision Machining, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America Precision Machining Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America Precision Machining Revenue Market Share by Company (2020-2025)
Table 29. North America Precision Machining Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America Precision Machining Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe Precision Machining Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe Precision Machining Revenue Market Share by Company (2020-2025)
Table 33. Europe Precision Machining Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe Precision Machining Market Size by Application (2020-2025) & (US$ Million)
Table 35. China Precision Machining Revenue by Company (2020-2025) & (US$ Million)
Table 36. China Precision Machining Revenue Market Share by Company (2020-2025)
Table 37. China Precision Machining Market Size by Type (2020-2025) & (US$ Million)
Table 38. China Precision Machining Market Size by Application (2020-2025) & (US$ Million)
Table 39. Japan Precision Machining Revenue by Company (2020-2025) & (US$ Million)
Table 40. Japan Precision Machining Revenue Market Share by Company (2020-2025)
Table 41. Japan Precision Machining Market Size by Type (2020-2025) & (US$ Million)
Table 42. Japan Precision Machining Market Size by Application (2020-2025) & (US$ Million)
Table 43. Southeast Asia Precision Machining Revenue by Company (2020-2025) & (US$ Million)
Table 44. Southeast Asia Precision Machining Revenue Market Share by Company (2020-2025)
Table 45. Southeast Asia Precision Machining Market Size by Type (2020-2025) & (US$ Million)
Table 46. Southeast Asia Precision Machining Market Size by Application (2020-2025) & (US$ Million)
Table 47. India Precision Machining Revenue by Company (2020-2025) & (US$ Million)
Table 48. India Precision Machining Revenue Market Share by Company (2020-2025)
Table 49. India Precision Machining Market Size by Type (2020-2025) & (US$ Million)
Table 50. India Precision Machining Market Size by Application (2020-2025) & (US$ Million)
Table 51. MNB Precision Company Details
Table 52. MNB Precision Business Overview
Table 53. MNB Precision Precision Machining Product
Table 54. MNB Precision Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 55. MNB Precision Recent Development
Table 56. Nidec Corporation Company Details
Table 57. Nidec Corporation Business Overview
Table 58. Nidec Corporation Precision Machining Product
Table 59. Nidec Corporation Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 60. Nidec Corporation Recent Development
Table 61. Sanmina Company Details
Table 62. Sanmina Business Overview
Table 63. Sanmina Precision Machining Product
Table 64. Sanmina Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 65. Sanmina Recent Development
Table 66. Ascentec Company Details
Table 67. Ascentec Business Overview
Table 68. Ascentec Precision Machining Product
Table 69. Ascentec Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 70. Ascentec Recent Development
Table 71. Swiss Precision Machining Company Details
Table 72. Swiss Precision Machining Business Overview
Table 73. Swiss Precision Machining Precision Machining Product
Table 74. Swiss Precision Machining Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 75. Swiss Precision Machining Recent Development
Table 76. Elcon Precision Company Details
Table 77. Elcon Precision Business Overview
Table 78. Elcon Precision Precision Machining Product
Table 79. Elcon Precision Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 80. Elcon Precision Recent Development
Table 81. Oberg Industries Company Details
Table 82. Oberg Industries Business Overview
Table 83. Oberg Industries Precision Machining Product
Table 84. Oberg Industries Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 85. Oberg Industries Recent Development
Table 86. Gemini Group Company Details
Table 87. Gemini Group Business Overview
Table 88. Gemini Group Precision Machining Product
Table 89. Gemini Group Revenue in Precision Machining Business (2020-2025) & (US$ Million)
Table 90. Gemini Group Recent Development
Table 91. Precision Machining Market Trends
Table 92. Precision Machining Market Drivers
Table 93. Precision Machining Market Challenges
Table 94. Precision Machining Market Restraints
Table 95. Research Programs/Design for This Report
Table 96. Key Data Information from Secondary Sources
Table 97. Key Data Information from Primary Sources
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List of Figures

Figure 1. Precision Machining Product Picture
Figure 2. Global Precision Machining Market Share by Type: 2024 VS 2031
Figure 3. Milling Features
Figure 4. Turning Features
Figure 5. Electrical Discharge Machining Features
Figure 6. Global Precision Machining Market Share by Application: 2024 VS 2031
Figure 7. Automobile
Figure 8. Optics
Figure 9. Medicine and Biotechnology
Figure 10. Mechanical
Figure 11. Electronics and Semiconductors
Figure 12. Aerospace and Defense
Figure 13. Others
Figure 14. Precision Machining Report Years Considered
Figure 15. Global Precision Machining Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 16. Global Precision Machining Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 17. Global Precision Machining Revenue Market Share by Region: 2020 VS 2024
Figure 18. North America Precision Machining Revenue (US$ Million) Growth Rate (2020-2031)
Figure 19. Europe Precision Machining Revenue (US$ Million) Growth Rate (2020-2031)
Figure 20. China Precision Machining Revenue (US$ Million) Growth Rate (2020-2031)
Figure 21. Japan Precision Machining Revenue (US$ Million) Growth Rate (2020-2031)
Figure 22. Southeast Asia Precision Machining Revenue (US$ Million) Growth Rate (2020-2031)
Figure 23. India Precision Machining Revenue (US$ Million) Growth Rate (2020-2031)
Figure 24. Central & South America Precision Machining Revenue (US$ Million) Growth Rate (2020-2031)
Figure 25. Global Precision Machining Market Share by Players in 2024
Figure 26. Global Top Precision Machining Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Precision Machining as of 2024)
Figure 27. The Top 10 and 5 Players Market Share by Precision Machining Revenue in 2024
Figure 28. North America Precision Machining Market Share by Type (2020-2025)
Figure 29. North America Precision Machining Market Share by Application (2020-2025)
Figure 30. Europe Precision Machining Market Share by Type (2020-2025)
Figure 31. Europe Precision Machining Market Share by Application (2020-2025)
Figure 32. China Precision Machining Market Share by Type (2020-2025)
Figure 33. China Precision Machining Market Share by Application (2020-2025)
Figure 34. Japan Precision Machining Market Share by Type (2020-2025)
Figure 35. Japan Precision Machining Market Share by Application (2020-2025)
Figure 36. Southeast Asia Precision Machining Market Share by Type (2020-2025)
Figure 37. Southeast Asia Precision Machining Market Share by Application (2020-2025)
Figure 38. India Precision Machining Market Share by Type (2020-2025)
Figure 39. India Precision Machining Market Share by Application (2020-2025)
Figure 40. MNB Precision Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 41. Nidec Corporation Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 42. Sanmina Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 43. Ascentec Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 44. Swiss Precision Machining Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 45. Elcon Precision Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 46. Oberg Industries Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 47. Gemini Group Revenue Growth Rate in Precision Machining Business (2020-2025)
Figure 48. Bottom-up and Top-down Approaches for This Report
Figure 49. Data Triangulation
Figure 50. Key Executives Interviewed
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KEY QUESTIONS ADDRESSED BY THE REPORT

Which companies rank high in the global Precision Machining market?zhanKai
The top companies in the global Precision Machining market are MNB Precision、Nidec Corporation、Sanmina.
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Published Date: 2025-02-21

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QYRESEARCH'S STRENGTHS

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TABLE OF FIGURES

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