The global market for High Precision Machines was valued at US$ 1431 million in the year 2024 and is projected to reach a revised size of US$ 2576 million by 2031, growing at a CAGR of 8.2% during the forecast period.
A High Precision Machine is an advanced manufacturing tool designed to produce components with exceptionally tight tolerances and high surface finish quality. These machines operate with micron-level (µm) or even nanometer (nm) accuracy, making them essential in industries such as aerospace, semiconductor, medical devices, optics, and automotive.
​The High Precision Machines market is experiencing significant transformations driven by technological advancements, evolving industry demands, and global economic shifts. Key trends shaping this market include:​
AI and ML are enhancing precision machining by optimizing cutting paths, predicting tool wear, and improving predictive maintenance. These technologies enable machines to learn from past operations, leading to increased efficiency and reduced downtime. ​
Expansion of Hybrid Manufacturing: The combination of CNC machining and additive manufacturing is gaining traction, allowing for the creation of complex parts with reduced material waste. This hybrid approach is particularly beneficial in industries like aerospace and medical devices, where intricate designs and material efficiency are critical. ​
Emphasis on Sustainability: Manufacturers are prioritizing eco-friendly practices, such as using recyclable materials and energy-efficient machines. Implementing closed-loop systems to minimize waste and adopting sustainable cooling solutions are becoming standard to meet environmental regulations and consumer expectations. ​
Report Scope
This report aims to provide a comprehensive presentation of the global market for High Precision Machines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Precision Machines.
The High Precision Machines market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global High Precision Machines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Precision Machines manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Fives
Moore Nanotechnology Systems
Hardinge
AMETEK
Schneider Optics Machines
Fanuc
Shibaura Machine
Kugler GmbH
LT Ultra
Innolite
Hembrug Machine Tools
Mikrotools
by Type
Turning Machine
Milling Machine
Grinding Machine
Other
by Application
Automobile
Optics
Medicine and Biotechnology
Mechanical
Electronics and Semiconductors
Aerospace & Defense
Others
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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.
Chapter 2: Detailed analysis of High Precision Machines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Precision Machines by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Precision Machines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 High Precision Machines Market Overview
1.1 Product Definition
1.2 High Precision Machines by Type
1.2.1 Global High Precision Machines Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Turning Machine
1.2.3 Milling Machine
1.2.4 Grinding Machine
1.2.5 Other
1.3 High Precision Machines by Application
1.3.1 Global High Precision Machines Market Value Growth Rate Analysis by Application: 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 & Defense
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global High Precision Machines Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global High Precision Machines Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global High Precision Machines Production Estimates and Forecasts (2020-2031)
1.4.4 Global High Precision Machines Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Precision Machines Production Market Share by Manufacturers (2020-2025)
2.2 Global High Precision Machines Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of High Precision Machines, Industry Ranking, 2023 VS 2024
2.4 Global High Precision Machines Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global High Precision Machines Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of High Precision Machines, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Precision Machines, Product Offered and Application
2.8 Global Key Manufacturers of High Precision Machines, Date of Enter into This Industry
2.9 High Precision Machines Market Competitive Situation and Trends
2.9.1 High Precision Machines Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Precision Machines Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Precision Machines Production by Region
3.1 Global High Precision Machines Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global High Precision Machines Production Value by Region (2020-2031)
3.2.1 Global High Precision Machines Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of High Precision Machines by Region (2026-2031)
3.3 Global High Precision Machines Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global High Precision Machines Production Volume by Region (2020-2031)
3.4.1 Global High Precision Machines Production by Region (2020-2025)
3.4.2 Global Forecasted Production of High Precision Machines by Region (2026-2031)
3.5 Global High Precision Machines Market Price Analysis by Region (2020-2025)
3.6 Global High Precision Machines Production and Value, Year-over-Year Growth
3.6.1 North America High Precision Machines Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe High Precision Machines Production Value Estimates and Forecasts (2020-2031)
3.6.3 China High Precision Machines Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan High Precision Machines Production Value Estimates and Forecasts (2020-2031)
3.6.5 India High Precision Machines Production Value Estimates and Forecasts (2020-2031)
4 High Precision Machines Consumption by Region
4.1 Global High Precision Machines Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global High Precision Machines Consumption by Region (2020-2031)
4.2.1 Global High Precision Machines Consumption by Region (2020-2025)
4.2.2 Global High Precision Machines Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America High Precision Machines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America High Precision Machines Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Precision Machines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe High Precision Machines Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific High Precision Machines Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific High Precision Machines Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa High Precision Machines Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa High Precision Machines Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global High Precision Machines Production by Type (2020-2031)
5.1.1 Global High Precision Machines Production by Type (2020-2025)
5.1.2 Global High Precision Machines Production by Type (2026-2031)
5.1.3 Global High Precision Machines Production Market Share by Type (2020-2031)
5.2 Global High Precision Machines Production Value by Type (2020-2031)
5.2.1 Global High Precision Machines Production Value by Type (2020-2025)
5.2.2 Global High Precision Machines Production Value by Type (2026-2031)
5.2.3 Global High Precision Machines Production Value Market Share by Type (2020-2031)
5.3 Global High Precision Machines Price by Type (2020-2031)
6 Segment by Application
6.1 Global High Precision Machines Production by Application (2020-2031)
6.1.1 Global High Precision Machines Production by Application (2020-2025)
6.1.2 Global High Precision Machines Production by Application (2026-2031)
6.1.3 Global High Precision Machines Production Market Share by Application (2020-2031)
6.2 Global High Precision Machines Production Value by Application (2020-2031)
6.2.1 Global High Precision Machines Production Value by Application (2020-2025)
6.2.2 Global High Precision Machines Production Value by Application (2026-2031)
6.2.3 Global High Precision Machines Production Value Market Share by Application (2020-2031)
6.3 Global High Precision Machines Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Fives
7.1.1 Fives High Precision Machines Company Information
7.1.2 Fives High Precision Machines Product Portfolio
7.1.3 Fives High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Fives Main Business and Markets Served
7.1.5 Fives Recent Developments/Updates
7.2 Moore Nanotechnology Systems
7.2.1 Moore Nanotechnology Systems High Precision Machines Company Information
7.2.2 Moore Nanotechnology Systems High Precision Machines Product Portfolio
7.2.3 Moore Nanotechnology Systems High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Moore Nanotechnology Systems Main Business and Markets Served
7.2.5 Moore Nanotechnology Systems Recent Developments/Updates
7.3 Hardinge
7.3.1 Hardinge High Precision Machines Company Information
7.3.2 Hardinge High Precision Machines Product Portfolio
7.3.3 Hardinge High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Hardinge Main Business and Markets Served
7.3.5 Hardinge Recent Developments/Updates
7.4 AMETEK
7.4.1 AMETEK High Precision Machines Company Information
7.4.2 AMETEK High Precision Machines Product Portfolio
7.4.3 AMETEK High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.4.4 AMETEK Main Business and Markets Served
7.4.5 AMETEK Recent Developments/Updates
7.5 Schneider Optics Machines
7.5.1 Schneider Optics Machines High Precision Machines Company Information
7.5.2 Schneider Optics Machines High Precision Machines Product Portfolio
7.5.3 Schneider Optics Machines High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Schneider Optics Machines Main Business and Markets Served
7.5.5 Schneider Optics Machines Recent Developments/Updates
7.6 Fanuc
7.6.1 Fanuc High Precision Machines Company Information
7.6.2 Fanuc High Precision Machines Product Portfolio
7.6.3 Fanuc High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Fanuc Main Business and Markets Served
7.6.5 Fanuc Recent Developments/Updates
7.7 Shibaura Machine
7.7.1 Shibaura Machine High Precision Machines Company Information
7.7.2 Shibaura Machine High Precision Machines Product Portfolio
7.7.3 Shibaura Machine High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Shibaura Machine Main Business and Markets Served
7.7.5 Shibaura Machine Recent Developments/Updates
7.8 Kugler GmbH
7.8.1 Kugler GmbH High Precision Machines Company Information
7.8.2 Kugler GmbH High Precision Machines Product Portfolio
7.8.3 Kugler GmbH High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Kugler GmbH Main Business and Markets Served
7.8.5 Kugler GmbH Recent Developments/Updates
7.9 LT Ultra
7.9.1 LT Ultra High Precision Machines Company Information
7.9.2 LT Ultra High Precision Machines Product Portfolio
7.9.3 LT Ultra High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.9.4 LT Ultra Main Business and Markets Served
7.9.5 LT Ultra Recent Developments/Updates
7.10 Innolite
7.10.1 Innolite High Precision Machines Company Information
7.10.2 Innolite High Precision Machines Product Portfolio
7.10.3 Innolite High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Innolite Main Business and Markets Served
7.10.5 Innolite Recent Developments/Updates
7.11 Hembrug Machine Tools
7.11.1 Hembrug Machine Tools High Precision Machines Company Information
7.11.2 Hembrug Machine Tools High Precision Machines Product Portfolio
7.11.3 Hembrug Machine Tools High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Hembrug Machine Tools Main Business and Markets Served
7.11.5 Hembrug Machine Tools Recent Developments/Updates
7.12 Mikrotools
7.12.1 Mikrotools High Precision Machines Company Information
7.12.2 Mikrotools High Precision Machines Product Portfolio
7.12.3 Mikrotools High Precision Machines Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Mikrotools Main Business and Markets Served
7.12.5 Mikrotools Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Precision Machines Industry Chain Analysis
8.2 High Precision Machines Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Precision Machines Production Mode & Process Analysis
8.4 High Precision Machines Sales and Marketing
8.4.1 High Precision Machines Sales Channels
8.4.2 High Precision Machines Distributors
8.5 High Precision Machines Customer Analysis
9 High Precision Machines Market Dynamics
9.1 High Precision Machines Industry Trends
9.2 High Precision Machines Market Drivers
9.3 High Precision Machines Market Challenges
9.4 High Precision Machines Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Fives
Moore Nanotechnology Systems
Hardinge
AMETEK
Schneider Optics Machines
Fanuc
Shibaura Machine
Kugler GmbH
LT Ultra
Innolite
Hembrug Machine Tools
Mikrotools
Ìý
Ìý
*If Applicable.