Jul 3, 2020   SOURCE: BusinessWire

Global Micromachining Market Outlook to 2027 - Strategic Recommendations for New Entrants - ResearchAndMarkets.com

The "Micromachining - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Micromachining market accounted for $2.13 billion in 2018 and is expected to reach $4.15 billion by 2027 growing at a CAGR of 7.7% during the forecast period.

While the factors like, rising preference of laser-based micromachining preferred over the traditional approach and demand for the miniaturization of microelectronic devices are the major factors propelling the market growth. However, factors such as regulatory compliances is hampering the market growth.

Micromachining can refer to the method for manufacture of 2D and 3D structures on the micrometer scale. Super finishing is a metalworking procedure for producing very well surface finishes. Different microelectromechanical systems are size micromachining, high-aspect-ratio microstructure technologies and surface micromachining.

Based on the axis, the 5-axes segment is likely to have a huge demand due to being used in extremely specific industries for its precision. The application of the 5-axes is prominent in manufacturing medical components, petrochemical industry parts, military-grade commodities, and aerospace components. It increases the potential applications of the machine. Better precision requires less movement of the material for micromachining, which drives the growth rate of the 5-axes micromachining market.

By geography, North America is going to have a lucrative growth due to considerable share of the global micromachining market. Most important companies in this region provide the most developed micromachining to various industries such as automotive and aerospace & defense. Some of the prominent companies from North America include General Motors, General Electric, Rockwell Automation, Ford, and Coherent, among others that broadly use micro machined products.

Some of the key players profiled in the Micromachining Market include Coherent, DATRON, Electro Scientific Industries, Georg Fischer, Han's Laser, Heraeus, IPG Photonics, Lumentum, Makino, Mitsubishi, Omax, 3D Micromac, Lasea, Posalux, Scanlab, Tornos, Swisstec 3D and Kugler.

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Process Analysis

3.7 End User Analysis

3.8 Emerging Markets

3.9 Impact of Covid-19

4 Porters Five Force Analysis

5 Global Micromachining Market, By Axis

5.1 Introduction

5.2 5 Axes

5.3 3 Axes

5.4 4 Axes

6 Global Micromachining Market, By Type

6.1 Introduction

6.2 Non-Traditional

6.2.1 Electrical Discharge Micromachining (EDM)

6.2.2 Electro-Chemical Micromachining (ECM)

6.2.3 Laser Micromachining

6.2.3.1 IR Laser Micromachining

6.2.3.2 Green Laser Micromachining

6.2.3.3 CO2 Laser Micromachining

6.2.3.4 UV Laser Micromachining

6.2.3.5 Ultrasonic Micromachining

6.3 Traditional

6.3.1 Mechanical

6.3.1.1 Micro Turning

6.3.1.2 Micro Milling

6.3.2 Lithographie, Galvanoformung & Abformung (LIGA)

6.4 Hybrid Micromachining

7 Global Micromachining Market, By Process

7.1 Introduction

7.2 Photolithography

7.3 Additive

7.3.1 Surface Micromachining

7.3.1.1 Chemical Vapor Deposition (CVD)

7.3.1.2 Physical Vapor Deposition (PVD)

7.3.1.3 Epitaxy

7.3.1.4 Electro Deposition

7.4 Subtractive

7.4.1 Bulk Micromachining

7.4.1.1 Wet Etching

7.4.1.2 Dry Etching

7.4.2 Micro Ablating

7.4.3 Micro Cutting

7.4.4 Micro Drilling

7.4.5 Micro Engraving

7.4.6 Micro Scribing

7.4.7 Micro Texturing

7.5 Other Processes

7.5.1 Modifications

7.5.1.1 Micro Marking

7.5.1.2 Micro Perforating

7.5.2 Joining

7.5.2.1 Micro Welding

8 Global Micromachining Market, By Raw Material

8.1 Introduction

8.2 Ceramics

8.3 Quartz

8.4 Metals & Alloys

9 Global Micromachining Market, By End User

9.1 Introduction

9.2 Aerospace & Defense

9.3 Industrial

9.4 Automotive

9.5 Gems & Jewelry

9.6 Medical & Aesthetics

9.7 Plastics & Polymers

9.8 Power & Energy

9.9 Semiconductor & Electronics

9.10 Telecommunications

9.11 Other End Users

9.11.1 Machine tools & Manufacturing

9.11.2 Glass

9.11.3 Watchmaking

10 Global Micromachining Market, By Geography

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 South America

10.6 Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures

11.2 Acquisitions & Mergers

11.3 New Product Launch

11.4 Expansions

11.5 Other Key Strategies

12 Company Profiling

12.1 Coherent

12.2 DATRON

12.3 Electro Scientific Industries

12.4 Georg Fischer

12.5 Han's Laser

12.6 Heraeus

12.7 IPG Photonics

12.8 Lumentum

12.9 Makino

12.10 Mitsubishi

12.11 Omax

12.12 3D Micromac

12.13 Lasea

12.14 Posalux

12.15 Scanlab

12.16 Tornos

12.17 Swisstec 3D

12.18 Kugler

For more information about this report visit https://www.researchandmarkets.com/r/3u9700