The Micromachining Global Market Report 2023, provides comprehensive information on the micromachining market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/micromachining-global-market-report
As per The Business Research Company’s Micromachining Global Market Report 2023, the global micromachining market size grew from $2.77 billion in 2022 to $2.98 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The micromachining market size is expected to grow to $4.01 billion in 2027 at a CAGR of 7.7%.
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The micromachining market is segmented:
1) By Type: Traditional, Non-traditional, Hybrid
2) By Process: Additive, Subtractive, Others
3) By Axis: 3-axis, 4-axis, 5-axis, Others
4) By Industry: Automotive, Semiconductors & Electronics, Aerospace & Defense, Healthcare, Telecommunications, Power & Energy, Plastics & Polymers, Gems & Jewelry, Others
Top Key Players
- Amada Weld Tech Co., Ltd.
- Coherent, Inc.
- Georg Fischer Ltd.
- Han’s Laser Process Industry Group Co.
- IPG Photonics Corporation
Asia-Pacific was the largest region in the micromachining market in 2022.
The table of contents in TBRC’s micromachining market report includes:
- Executive Summary
- Micromachining Market Characteristics
- Micromachining Market Trends And Strategies
- Micromachining Market – Macro Economic Scenario
- Micromachining Market Size And Growth
.
- Micromachining Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Micromachining Market
- Micromachining Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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