Micromachining Market - By Type (Traditional, Non-traditional, Hybrid) By Industry (Automotive, Semiconductor & Electronics, Medical & Aesthetics, Others) By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Industry Analysis, opportunity and Forecast 2020 To 2027
Published Date: May 2021
No. of Pages: 184
Status: Published
Report Code: ARI100563
The increasing advancements in the production technologies have resulted in a reduction in the time required for the manufacturing of components, which has further boosted the market growth. Besides, various companies in the manufacturing sector such as Johnson Matthey and Tekniker have shown a preference for laser-based material over traditional micromachining that bodes well for market growth. The increasing applications of micro components in highly complex structures are creating opportunities for the manufactures. The integration of these systems with Computer-Aided Manufacturing (CAM) has been instrumental in reducing the time required for the manufacturing of work pieces and enable hassle-free production of micro components. The evolution of machine learning and Internet of Things (IoT) technology has resulted in the introduction of new features, such as an application that sends the status of a system to the operators/ supervisors on their smartphones or PCs. This has impacted the market growth positively. These features enable proactive decision making by the managers and improve the productivity of the unit.
The funding provided by government agencies such as the U.S. National Science Foundation (NSF) and the European Commission (EC) for the development of micromachining systems has driven the market growth significantly. For instance, in July 2017, under the Small Business Innovation Research (SBIR) grant, Omax Corporation received funding from the U.S. National Science Foundation (NSF) for the development of micromachining abrasive waterjet-MicroMAX JetMachining center-that is capable of positioning accuracy of fewer than 15 microns. Moreover, some educational institutes such as the Indian Institute of Technology (Mumbai) and Bannari Amman Institute of Technology are organizing workshops that focus on research and development activities for these systems that drive the market growth further.
Major players operating in the global micromachining market are Coherent, Inc. (US), Georg Fischer Ltd. (Switzerland), Makino Milling Machine Co., Ltd. (Japan), Lumentum Holdings Inc. (US), Mitsubishi Heavy Industries, Ltd (Japan), DATRON Dynamics, Inc. (US), Han’s Laser Technology Industry Group Co., Ltd (China), Electro Scientific Industries, Inc. (US), IPG Photonics Corporation (US), and Heraeus Holding GmbH (Germany), among others.
Analyst Commentary
Non-traditional micromachining consists of sub-types such as electrochemical micromachining, electrical discharge micromachining, ultrasonic micromachining, and laser micromachining. Laser micromachining and ultrasonic micromachining are some of the dominant sub-types of micromachining that offer ease of use, precision, and extensive usage in various industries. These advantages of laser and ultrasonic micromachining drive the market for non-traditional type micromachining.
Micromachining is used widely in the global automotive industry. For example, fuel injector nozzles are used in fuel injection technology of various automobiles. This fuel injection technology not only improves the mileage of the vehicle but also consumes less fuel.
Fuel injector nozzles are typically micromachined by the EDM process. The laser technology in micromachining is used widely in seamless welding and bonding in the automotive industry for various vehicle components. Electronic components used in automobiles and electro voltaic cells used in electric vehicles are driving the market for the automotive industry
Segmentation
The global market is segmented based on type, industry and region. On the basis of type the market is segmented into Traditional, Non-traditional, Hybrid. On the basis of industry the market is bifurcated into Automotive, Semiconductor & Electronics, Medical & Aesthetics, Others
Regional Analysis
North America accounted for a significant share of the global micromachining market in 2019. The region (for this study) includes the US, Canada, and Mexico. Leading 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, Ford, General Electric, Rockwell Automation, and Coherent, among others, that widely use micromachined products. The presence of all major companies, strong industrial demand, and steady supply-side drive the market in North America.
The Asia Pacific dominated the market with a share of over 30% in 2019. The presence of some of the largest automotive component manufacturing countries such as China, India, and South Korea is driving regional growth. Major automotive components fabricated using micromachining include fuel injectors, automotive sensors, and electrical assemblies, among others. Various companies such as Synova SA and Okuma Corporation are focusing on the establishment of new micromachining centers in the region that has driven the segment growth. For instance, in April 2018, Synova SA-a leading manufacturer of laser-based micromachining equipment opened a center in Mumbai (India). Furthermore, there exists an increased awareness of the technology owing to the presence of key manufacturers such as AMADA WELD TECH Co., Ltd.; Han’s Laser Process Industry Group Co., Ltd.; Makino; and MITSUBISHI HEAVY INDUSTRIES, LTD.
European countries such as Germany, Italy, and France, are some of the largest automotive manufacturers, as a result, the region is expected to expand at the highest CAGR over the forecast period. For instance, in FY2018, Germany produced nearly 6 million cars and accounted for more than 22.7% of exports of cars in the same year. Furthermore, there has been an increased demand for micromachined components in the railway and energy sectors that are expected to further drive the growth of the regional market. In addition, manufacturing companies in the region are making a quick shift to new machining technologies and new materials in healthcare, automotive, aerospace, and die and mold industries.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Micromachining Market
Chapter 5. Global Micromachining Market Overview, By Industry, 2015 - 2027(USD Million)
5.1. Global Micromachining Market Share, By Industry, 2015 - 2027 (USD Million)
5.1.1. Automotive
5.1.1.1. Market Size and Projections,2015 - 2027 (USD Million)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.2. Semiconductor & Electronics
5.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.3. Medical & Aesthetics
5.1.3.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.4. Others
5.1.4.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.4.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 6. Global Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
6.1. Global Micromachining Market Share, By Type, 2015 - 2027 (USD Million)
6.1.1. Traditional
6.1.1.1. Market Size and Projections,2015 - 2027 (USD Million)
6.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.2. Non-traditional
6.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.3. Hybrid
6.1.3.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 7. Global Micromachining Market Overview, By Geography, 2015 - 2027(USD Million)
7.1. Global Micromachining Market Share, By Geography, 2015 - 2027(USD Million)
7.1.1. Market Size and projections, by Countries, 2015 - 2027 (USD Million)
7.1.2. Market Share and CAGR Comparison, by Countries, 2020 - 2027 (%)
Chapter 8. North America Micromachining Market Overview, By Countries, 2015 - 2027(USD Million)
8.1. North America Micromachining Market Overview, 2015 - 2027 (USD Million)
8.1.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.2. North America Micromachining Market Overview, By Industry ,2015 - 2027 (USD Million)
8.1.3. North America Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
8.1.4. North America Micromachining Market Overview, By Countries, 2015 - 2027 (USD Million)
8.1.4.1. U.S. Micromachining Market Overview, 2015 - 2027 (USD Million)
8.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.4.1.2. U.S. Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
8.1.4.1.3. U.S. Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
8.1.4.2. Canada Micromachining Market Overview, 2015 - 2027 (USD Million)
8.1.4.2.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.4.2.2. Canada Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
8.1.4.2.3. Canada Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
8.1.4.3. Mexico Micromachining Market Overview, 2015 - 2027 (USD Million)
8.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
8.1.4.3.2. Mexico Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
8.1.4.3.3. Mexico Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
Chapter 9. Europe Micromachining Market Overview, By Countries, 2015 - 2027(USD Million)
9.1. Europe Micromachining Market Overview, 2015 - 2027 (USD Million)
9.1.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.2. Europe Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
9.1.3. Europe Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
9.1.4. Europe Micromachining Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1.4.1. Germany
9.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.1.2. Germany Micromachining Market Overview, By Industry, 2015 - 2027(USD Million)
9.1.4.1.3. Germany Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
9.1.4.2. France
9.1.4.2.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.2.2. France Micromachining Market Overview, By Industry, 2015 - 2027(USD Million)
9.1.4.2.3. France Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
9.1.4.3. UK
9.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.3.2. UK Micromachining Market Overview, By Industry, 2015 - 2027(USD Million)
9.1.4.3.3. UK Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
9.1.4.4. Italy
9.1.4.4.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.4.2. Italy Micromachining Market Overview, By Industry2015 - 2027(USD Million)
9.1.4.4.3. Italy Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
9.1.4.5. Spain
9.1.4.5.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.4.5.2. Spain Micromachining Market Overview, By Industry, 2015 - 2027(USD Million)
9.1.4.5.3. Spain Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
9.1.4.6. Rest of Europe
9.1.4.6.1. Market size and projections, 2015 – 2027
9.1.4.6.2. Rest of Europe Micromachining Market Overview, By Industry, 2015 - 2027(USD Million)
9.1.4.6.3. Rest of Europe Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
Chapter 10. Asia Pacific Micromachining Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1. Asia Pacific Micromachining Market Overview, 2015 - 2027 (USD Million)
10.1.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.2. Asia Pacific Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
10.1.3. Asia Pacific Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
10.1.4. Asia Pacific Micromachining Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1.4.1. India
10.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.1.2. India Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
10.1.4.1.3. India Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
10.1.4.2. China
10.1.4.2.1. Market size and projections, 2015 - 2027(USD Million)
10.1.4.2.2. China Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
10.1.4.2.3. China Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
10.1.4.3. Japan
10.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.3.2. Japan Micromachining Market Overview, By Industry, 2015 - 2027(USD Million)
10.1.4.3.3. Japan Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
10.1.4.4. South Korea
10.1.4.4.1. Market size and projections, 2015 - 2027(USD Million)
10.1.4.4.2. South Korea Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
10.1.4.4.3. South Korea Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
10.1.4.5. Rest of Asia Pacific
10.1.4.5.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.4.5.2. Rest of Asia Pacific Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
10.1.4.5.3. Rest of Asia Pacific Micromachining Market Overview, By Type, 2015 - 2027(USD Million)
Chapter 11. Middle East & Africa Micromachining Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1. Middle East & Africa Micromachining Market Overview, 2015 - 2027 (USD Million)
11.1.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.2. Middle East & Africa Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
11.1.3. Middle East & Africa Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
11.1.4. Middle East & Africa Micromachining Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1.4.1. GCC
11.1.4.1.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.4.1.2. GCC Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
11.1.4.1.3. GCC Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
11.1.4.2. South Africa
11.1.4.2.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.4.2.2. South Africa Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
11.1.4.2.3. South Africa Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
11.1.4.3. Rest of Middle East & Africa
11.1.4.3.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.4.3.2. Rest of Middle East & Africa Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
11.1.4.3.3. Rest of Middle East & Africa Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
Chapter 12. South America Micromachining Market Overview, By Countries, 2015 - 2027 (USD Million)
12.1. South America Micromachining Market Overview, 2015 - 2027 (USD Million)
12.1.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.2. South America Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
12.1.3. South America Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
12.1.4. South America Micromachining Market Overview, By Countries, 2015- 2026 (USD Million)
12.1.5. Brazil
12.1.5.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.5.2. Brazil Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
12.1.5.3. Brazil Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
12.1.6. Argentina
12.1.6.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.6.2. Argentina Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
12.1.6.3. Argentina Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
12.1.7. Rest of South America
12.1.7.1. Market size and projections, 2015 – 2027
12.1.7.2. Rest of South America Micromachining Market Overview, By Industry, 2015 - 2027 (USD Million)
12.1.7.3. Rest of South America Micromachining Market Overview, By Type, 2015 - 2027 (USD Million)
Chapter 13. Competitive Landscape
13.1. Competitive environment, 2020
13.2. Strategic framework
13.2.1. Partnership/agreement
13.2.2. Expansion
13.2.3. Mergers & Acquisitions
13.2.4. New product development
Chapter 14. Key Vendor Analysis
14.1. Coherent, Inc
14.1.1. Company overview
14.1.2. Financial performance
14.1.3. Mice Benchmarking
14.1.4. Recent initiatives
14.1.5. SWOT analysis
14.2. Georg Fischer Ltd.
14.2.1. Company overview
14.2.2. Financial performance
14.2.3. Mice Benchmarking
14.2.4. Recent initiatives
14.2.5. SWOT analysis
14.3. Makino Milling Machine Co., Ltd.
14.3.1. Company overview
14.3.2. Financial performance
14.3.3. Mice Benchmarking
14.3.4. Recent initiatives
14.4. Lumentum Holdings Inc.
14.5. Mitsubishi Heavy Industries, Ltd
14.6. DATRON Dynamics, Inc
14.7. Han’s Laser Technology Industry Group Co., Ltd
14.8. Electro Scientific Industries, Inc.
14.9. IPG Photonics Corporation
14.10. Heraeus Holding GmbH
Chapter 15. Micromachining Market Cost Analysis
15.1. Micromachining Market Key Raw Materials Analysis
15.1.1. Key Raw Materials
15.1.2. Price Trend of Key Raw Materials
15.1.3. Key Suppliers of Raw Materials
15.1.4. Market Concentration Rate of Raw Materials
15.1.5. Raw Materials
15.1.6. Labor Cost
Chapter 16. Industrial Chain, Sourcing Strategy and Downstream Buyers
16.1. Micromachining Market Industrial Chain Analysis
16.2. Upstream Raw Materials Sourcing
16.3. Raw Materials Sources of Micromachining Market Major Manufacturers in 2020
16.4. Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
17.1. Marketing Channel
17.1.1. Direct Marketing
17.1.2. Indirect Marketing
17.1.3. Marketing Channel Development Trend
17.2. Market Positioning
17.2.1. Pricing Strategy
17.2.2. Brand Strategy
17.2.3. Target Client
17.3. Distributors/Traders List
Chapter 18. Market Effect Factors Analysis
18.1. Technology Progress/Risk
18.1.1. Substitutes Threat
18.1.2. Technology Progress in Related Industry
18.2. Consumer Needs/Customer Preference Change
18.3. Economic/Political Environmental Change
Chapter 19. Future Outlook of the Market
Disclaimer
List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Micromachining Market share, by Industry, 2020 & 2027 (%)
10. Global Micromachining Market share, by Automotive, by Industry, 2015 - 2027 (USD Million)
11. Global Micromachining Market share, by Semiconductor & Electronics, by Industry 2015 - 2027 (USD Million)
12. Global Micromachining Market share, by Medical & Aesthetics, by Industry 2015 - 2027 (USD Million)
13. Global Micromachining Market share, by Others, by Industry 2015 - 2027 (USD Million)
14. Global Micromachining Market share, by Type, 2020 & 2027 (%)
15. Global Micromachining Market share, by Traditional, by Type, 2015 - 2027 (USD Million)
16. Global Micromachining Market share, by Non-traditional, by Type, 2015 - 2027 (USD Million)
17. Global Micromachining Market share, by Hybrid, by Type, 2015 - 2027 (USD Million)
18. Global Micromachining Market share, by region, 2020 & 2027 (%)
19. Global Micromachining Market share, by region, 2015 - 2027(USD Million)
20. North America Micromachining Market, 2015 - 2027(USD Million)
21. North America Micromachining Market share, by Countries, 2020 & 2027 (%)
22. U.S. Micromachining Market, 2015 - 2027(USD Million)
23. Canada Micromachining Market, 2015 - 2027(USD Million)
24. Europe Micromachining Market, 2015 - 2027(USD Million)
25. Europe Micromachining Market share, by Countries, 2020 & 2027 (%)
26. Spain Micromachining Market, 2015 - 2027(USD Million)
27. UK Micromachining Market, 2015 - 2027(USD Million)
28. Italy Micromachining Market, 2015 - 2027(USD Million)
29. Germany Micromachining Market, 2015 - 2027(USD Million)
30. France Micromachining Market, 2015 - 2027(USD Million)
31. Rest of Europe Micromachining Market, 2015 - 2027(USD Million)
32. Asia-Pacific Micromachining Market, 2015 - 2027(USD Million)
33. Asia-Pacific Micromachining Market share, by Countries, 2020 & 2027 (%)
34. China Micromachining Market, 2015 - 2027(USD Million)
35. India Micromachining Market, 2015 - 2027(USD Million)
36. Australia Micromachining Market, 2015 - 2027(USD Million)
37. Japan Micromachining Market, 2015 - 2027(USD Million)
38. Rest of Asia-Pacific Micromachining Market, 2015 - 2027(USD Million)
39. Middle East & Africa Micromachining Market, 2015 - 2027(USD Million)
40. Middle East & Africa Micromachining Market share, by Countries, 2020 & 2027 (%)
41. GCC Micromachining Market, 2015 - 2027(USD Million)
42. South Africa Micromachining Market, 2015 - 2027(USD Million)
43. Rest Of Middle East & Africa Micromachining Market, 2015 - 2027(USD Million)
44. South America Micromachining Market, 2015 - 2027(USD Million)
45. Brazil Micromachining Market, 2015 - 2027(USD Million)
46. Mexico Micromachining Market, 2015 - 2027(USD Million)
47. Argentina Micromachining Market, 2015 - 2027(USD Million)
48. Rest Of South America Micromachining Market, 2015 - 2027(USD Million)
List of Tables
1. Impact of Market drivers
2. Impact of Market restraints
3. Global Micromachining Market, 2015-2027 (USD Million)
4. Micromachining requirement, by country, 2015-2027, (USD Million)
5. North America Micromachining Market, by Industry, 2015-2027 (USD Million)
6. North America Micromachining Market, by Type, 2015-2027 (USD Million)
7. Europe Micromachining Market, by Industry, 2015-2027 (USD Million)
8. Europe Micromachining Market, by Type, 2015-2027 (USD Million)
9. Asia Pacific Micromachining Market, by Industry, 2015-2027 (USD Million)
10. Asia Pacific Micromachining Market, by Type, 2015-2027 (USD Million)
11. Middle East & Africa Micromachining Market, by Industry, 2015-2027 (USD Million)
12. Middle East & Africa Micromachining Market, by Type, 2015-2027 (USD Million)
13. South America Micromachining Market, by Industry, 2015-2027 (USD Million)
14. South America Micromachining Market, by Type, 2015-2027 (USD Million)
15. Global Micromachining Market, Company Market Share, 2020 - 2027 (%)
16. Coherent, Inc : Product Benchmarking
17. Coherent, Inc : Financial Performance
18. Georg Fischer Ltd. : Product Benchmarking
19. Georg Fischer Ltd. : Financial Performance
20. Makino Milling Machine Co., Ltd. : Product Benchmarking
21. Makino Milling Machine Co., Ltd. : Financial Performance
22. LUMENTUM HOLDINGS INC. :Product Benchmarking
23. LUMENTUM HOLDINGS INC. :Financial Performance
24. Mitsubishi Heavy Industries, Ltd : Product Benchmarking
25. Mitsubishi Heavy Industries, Ltd : Financial Performance
26. DATRON Dynamics, Inc : Product Benchmarking
27. DATRON Dynamics, Inc : Financial Performance
28. Han’s Laser Technology Industry Group Co., Ltd: Product Benchmarking
29. Han’s Laser Technology Industry Group Co., Ltd: Financial Performance
30. Electro Scientific Industries, Inc. : Product Benchmarking
31. Electro Scientific Industries, Inc. : Financial Performance
32. IPG Photonics Corporation : Product Benchmarking
33. IPG Photonics Corporation : Financial Performance
34. Heraeus Holding GmbH : Product Benchmarking
35. Heraeus Holding GmbH : Financial Performance
The Leading Key Players in Micromachining Market
Coherent Inc. (US)
Georg Fischer Ltd. (Switzerland)
Makino Milling Machine Co. Ltd. (Japan)
Lumentum Holdings Inc. (US)
Mitsubishi Heavy Industries
Ltd (Japan)
DATRON Dynamics Inc. (US)
Han’s Laser Technology Industry Group Co.
Ltd (China)
Electro Scientific Industries Inc. (US)
IPG Photonics Corporation (US)
Heraeus Holding GmbH (Germany),
