The Asia Pacific Precision Engineering Machines Market would witness market growth of 6.1% CAGR during the forecast period (2021-2027).
Precision mechanical tools are used to calculate detailed measurements of the internal as well as external parts of the concerned objects accurately. This division of the precision engineering machines comprises Vernier calipers that are equipped with Vernier scales and are used to measure even the smallest aspects of the objects and measures up to even fractions on the scale. Moreover, mechanical precision engineering machines also include a micrometer caliper, which is used to measure the smallest unit of the object.
APAC is a region comprising countries with the highest populations such as China and India. To fulfill the demand of the customers across the nations, manufacturers existing in the countries have to produce more goods. In such a case, the ability of precision engineering machines to manufacture more products in a comparatively shorter period of time would majorly help manufacturers to produce more goods in accordance with the scale of the population. Moreover, China is the center of the Asian market as well as one of the most robust exporters of precision machining parts.
The China market dominated the Asia Pacific Precision Engineering Machines Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.6 billion by 2027. The Japan market is poised to grow at a CAGR of 5.4% during (2021 - 2027). Additionally, The India market would witness a CAGR of 6.7% during (2021 - 2027).
Based on End User, the market is segmented into Non-Automotive (Engineering & Capital Goods, Power & Energy, Aerospace & Defense, and Others) and Automotive. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Precision Engineering Machines Market is Projected to reach USD 16.7 Billion by 2027, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amera-Seiki Corporation, DATRON AG, Haas Automation, Inc., Hurco Companies, Inc., AMADA CO., LTD., Okuma Corporation, Yamazaki Mazak Corporation, Dalian Machine Tool Group (DMTG) Corporation, DMG Mori Co. Ltd., and FANUC Corporation.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Non- Automotive
- Engineering & Capital Goods
- Power & Energy
- Aerospace & Defense
- Others
- Automotive
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amera-Seiki Corporation
- DATRON AG
- Haas Automation, Inc.
- Hurco Companies, Inc.
- AMADA CO., LTD.
- Okuma Corporation
- Yamazaki Mazak Corporation
- Dalian Machine Tool Group (DMTG) Corporation
- DMG Mori Co. Ltd.
- FANUC Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Precision Engineering Machines Market, by End User
1.4.2 Asia Pacific Precision Engineering Machines Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisitions and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Aug – 2021, Oct) Leading Players
Chapter 4. Asia Pacific Precision Engineering Machines Market by End Use
4.1 Asia Pacific Non-Automotive Precision Engineering Machines Market by Country
4.2 Asia Pacific Precision Engineering Machines Market by Non-Automotive Type
4.2.1 Asia Pacific Engineering & Capital Goods Precision Engineering Machines Market by Country
4.2.2 Asia Pacific Power & Energy Precision Engineering Machines Market by Country
4.2.3 Asia Pacific Aerospace & Defense Precision Engineering Machines Market by Country
4.2.4 Asia Pacific Others Precision Engineering Machines Market by Country
4.3 Asia Pacific Automotive Precision Engineering Machines Market by Country
Chapter 5. Asia Pacific Precision Engineering Machines Market by Country
5.1 China Precision Engineering Machines Market
5.1.1 China Precision Engineering Machines Market by End Use
5.1.1.1 China Precision Engineering Machines Market by Non-Automotive Type
5.2 Japan Precision Engineering Machines Market
5.2.1 Japan Precision Engineering Machines Market by End Use
5.2.1.1 Japan Precision Engineering Machines Market by Non-Automotive Type
5.3 India Precision Engineering Machines Market
5.3.1 India Precision Engineering Machines Market by End Use
5.3.1.1 India Precision Engineering Machines Market by Non-Automotive Type
5.4 South Korea Precision Engineering Machines Market
5.4.1 South Korea Precision Engineering Machines Market by End Use
5.4.1.1 South Korea Precision Engineering Machines Market by Non-Automotive Type
5.5 Singapore Precision Engineering Machines Market
5.5.1 Singapore Precision Engineering Machines Market by End Use
5.5.1.1 Singapore Precision Engineering Machines Market by Non-Automotive Type
5.6 Malaysia Precision Engineering Machines Market
5.6.1 Malaysia Precision Engineering Machines Market by End Use
5.6.1.1 Malaysia Precision Engineering Machines Market by Non-Automotive Type
5.7 Rest of Asia Pacific Precision Engineering Machines Market
5.7.1 Rest of Asia Pacific Precision Engineering Machines Market by End Use
5.7.1.1 Rest of Asia Pacific Precision Engineering Machines Market by Non-Automotive Type
Chapter 6. Company Profiles
6.1 Amera-Seiki Corporation
6.1.1 Company Overview
6.2 DATRON AG
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.5.2 Product Launches and Product Expansions:
6.3 Haas Automation, Inc.
6.3.1 Company Overview
6.4 Hurco Companies, Inc.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 Research & Development Expenses
6.4.5 Recent strategies and developments:
6.4.5.1 Partnerships, Collaborations, and Agreements:
6.4.5.2 Product Launches and Product Expansions:
6.4.6 SWOT Analysis
6.5 AMADA CO., LTD.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Product Launches and Product Expansions:
6.5.5.2 Acquisitions and Mergers:
6.5.6 SWOT Analysis
6.6 Okuma Corporation
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 Recent strategies and developments:
6.6.5.1 Product Launches and Product Expansions:
6.6.5.2 Geographical Expansions:
6.6.6 SWOT Analysis
6.7 Yamazaki Mazak Corporation
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Partnerships, Collaborations, and Agreements:
6.8 Dalian Machine Tool Group (DMTG) Corporation
6.8.1 Company Overview
6.9 DMG MORI CO., LTD.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Recent strategies and developments:
6.9.4.1 Partnerships, Collaborations, and Agreements:
6.9.4.2 Product Launches and Product Expansions:
6.9.4.3 Acquisitions and Mergers:
6.10. FANUC Corporation
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expense
6.10.5 Recent strategies and developments:
6.10.5.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Precision Engineering Machines Market
TABLE 4 Product Launches And Product Expansions– Precision Engineering Machines Market
TABLE 5 Acquisitions and Mergers– Precision Engineering Machines Market
TABLE 6 Geographical Expansions– Precision Engineering Machines Market
TABLE 7 Asia Pacific Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Non-Automotive Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Non-Automotive Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Engineering & Capital Goods Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Engineering & Capital Goods Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Power & Energy Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Power & Energy Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Aerospace & Defense Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Aerospace & Defense Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Others Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Others Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Automotive Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Automotive Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 25 China Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 26 China Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 27 China Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 28 China Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 29 China Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 30 China Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 31 Japan Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 32 Japan Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 33 Japan Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 34 Japan Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 35 Japan Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 36 Japan Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 37 India Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 38 India Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 39 India Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 40 India Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 41 India Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 42 India Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 43 South Korea Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 44 South Korea Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 45 South Korea Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 46 South Korea Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 47 South Korea Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 48 South Korea Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 49 Singapore Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 50 Singapore Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 51 Singapore Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 52 Singapore Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 53 Singapore Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 54 Singapore Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 55 Malaysia Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 56 Malaysia Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 57 Malaysia Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 58 Malaysia Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 59 Malaysia Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 60 Malaysia Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 65 Rest of Asia Pacific Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 67 Key Information – Amera-Seiki Corporation
TABLE 68 Key Information – DATRON AG
TABLE 69 Key Information – Haas Automation, Inc.
TABLE 70 Key Information – Hurco Companies, Inc.
TABLE 71 Key Information – AMADA CO., LTD.
TABLE 72 Key Information – Okuma Corporation
TABLE 73 Key information – Yamazaki Mazak Corporation
TABLE 74 key information – Dalian Machine Tool Group (DMTG) Corporation
TABLE 75 Key Information – DMG Mori Co. Ltd.
TABLE 76 key information – FANUC Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Aug – 2021, Oct) Leading Players
FIG 5 Recent strategies and developments: DATRON AG
FIG 6 swot analysis: hurco companies, inc.
FIG 7 Recent strategies and developments: AMADA CO., LTD.
FIG 8 SWOT Analysis: Amada Co., Ltd.
FIG 9 Recent strategies and developments: Okuma Corporation
FIG 10 SWOT Analysis: Okuma Corporation
FIG 11 Recent strategies and developments: DMG Mori Co. Ltd.