DUBLIN--(BUSINESS WIRE)--The "Precision Parts Market - Global Outlook and Forecast 2017-2022" report has been added to Research and Markets' offering.
The global precision parts market is set to expand to $225.66 billion by 2022, growing at a CAGR of 11.27% during the forecast period.
The rise of industrial computers, design capabilities, and advanced tool control systems has given a boost to precision designing and manufacturing of industrial parts. This trend is expected to continue over the next few years with the extensive use of computers in almost all conventional industrial and institutional applications.
The need for precision parts is supported by faster technology curve in the end-user segments such as semiconductor fabrication, automotive assembly and machinery and equipment design. The engineering has also evolved to be a niche industry with expertise significantly in the hands of small and medium-sized enterprises that are able to easily gain expertise driven by open design architectures and the rise of subscription-based CAD software.
The major manufacturers included in the report are as follows:
- Renishaw Plc.
- W.M. Berg Inc.
- Beyonics Pte Ltd.
- Precision Castparts Corp.
- C. Brandauer & Co. Ltd.
Other prominent manufacturers in the market include Aequs Pvt. Ltd., Camcraft, MMI Precision Manufacturing, KKSP Precision Machining LLC, Ashley Ward Inc., Motherson Orca Precision Technology, PEKO Precision Products, HEICO Corp., Univac Precision Engineering Pte Ltd., and Dixi Cylindre SA.
Scope of the Report
- Electronics and Semiconductors
Key Topics Covered:
1 Research Methodology
2 Research objectives
3 Research Process
4 Report Coverage
5 Report Assumptions & Caveats
6 Market at a Glance
8 Market Dynamics
9 Global Precision Parts Market
10 Precision Parts Market By End-User
11 Precision Market - By Geography
12 APAC: Precision Parts Market
13 Europe: Precision Parts Market
14 MEA: Precision Parts Market
15 North America: Precision Parts Market
16 Latin America: Precision parts Market
17 Competitive Landscape
18 Key Company Profiles
19 Other Prominent Companies
- Dixi Cylindre SA
- Univac Precision Engineering Pte
- HEICO Corp
- PEKO Precision Products
- Motherson Orca Precision Technology
- Ashley Ward
- KKSP Precision Machining
- MMI Precision Manufacturing
- C. Brandauer & Co.
- Precision Castparts
- Beyonics Pte
- W.M. Berg
For more information about this report visit https://www.researchandmarkets.com/research/h6df9k/global_precision?w=4