1 Introduction (Page No. – 17)
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.4 Inclusions/Exclusions
1.4.1 Years Considered
1.5 Currency
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. – 21)
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Micromachining Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Arriving at the Market Size Using the Bottom-Up Analysis
2.2.2 Top-Down Approach
2.2.2.1 Approach for Arriving at the Market Size Using the Bottom-Up Analysis
2.3 Micromachining Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. – 30)
4 Premium Insights (Page No. – 36)
4.1 Micromachining Market, By Type (2020–2025)
4.2 Micromachining Market, By Process (2020 and 2025)
4.3 Micromachining Market, By Axis (2020 and 2025)
4.4 Micromachining Market, By Industry (2020 and 2025)
4.5 Market, By Region (2020–2025)
5 Micromachining Market Overview (Page No. – 41)
5.1 Introduction
5.2 Micromachining Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for the Miniaturization of Microelectronic Devices
5.2.1.2 Laser-Based Material Micromachining Preferred Over the Traditional Approach
5.2.2 Restraints
5.2.2.1 Regulatory Compliances
5.2.3 Opportunities
5.2.3.1 Development of the Sensor Fusion Technology
5.2.4 Challenges
5.2.4.1 Requirement of Low-Cost Solutions
5.2.4.2 Environmental Concerns Over the use of Rare Earth Elements
6 Micromachining Market, By Type (Page No. – 45)
6.1 Introduction
6.2 Traditional
6.2.1 Traditional Type to Lead the Automotive Market
6.2.2 Mechanical
6.2.2.1 Micro Milling
6.2.2.2 Micro Turning
6.2.3 Lithographie, Galvanoformung & Abformung (LIGA)
6.3 Non-Traditional
6.3.1 Non-Traditional Type Micromachining to Lead the Market
6.3.2 Electro-Chemical Micromachinig (ECM)
6.3.3 Electrical Discharge Micromachinig (EDM)
6.3.4 Ultrasonic Micromachining
6.3.5 Laser Micromachining
6.4 Hybrid Micromachining
6.4.1 Subtractive Process Leads the Hybrid Micromachining Market
7 Micromachining Market, By Process (Page No. – 54)
7.1 Introduction
7.2 Additive
7.2.1 Additive Process to Grow at the Highest CAGR in the Micromachining Market
7.2.2 Surface Micromachining
7.2.2.1 Chemical Vapor Deposition (CVD)
7.2.2.1.1 Low Pressure CVD
7.2.2.1.2 Plasma Enhanced CVD
7.2.2.2 Electro Deposition
7.2.2.3 Epitaxy
7.2.2.4 Physical Vapor Deposition (PVD)
7.3 Subtractive
7.3.1 Subtractive Process Projected to Lead the Market During the Forecast Period
7.3.2 Bulk Micromachining
7.3.2.1 Wet Etching
7.3.2.2 Dry Etching
7.3.3 Micro Cutting
7.3.4 Micro Drilling
7.3.5 Micro Texturing
7.3.6 Micro Ablating
7.3.7 Micro Scribing
7.3.8 Micro Engraving
7.4 Others
7.4.1 Joining
7.4.1.1 Micro Welding
7.4.2 Modifications
7.4.2.1 Micro Marking
7.4.2.2 Micro Perforating
8 Micromachining Market, By Axis (Page No. – 64)
8.1 Introduction
8.2 3 Axes
8.2.1 3 Axes Micromachining to Lead the Market During the Forecast Period
8.3 4 Axes
8.3.1 Non-Traditional Micromachining Projected to Lead the Market in 4 Axes Machines During the Forecast Period
8.4 5 Axes
8.4.1 5 Axes Micromachining to Grow at the Highest CAGR During the Forecast Period
8.5 Others
9 Micromachining Market, By Industry (Page No. – 74)
9.1 Introduction
9.2 Automotive
9.2.1 Non-Traditional Micromachining is Projected to Lead the Market in the Automotive Segment
9.3 Semiconductors & Electronics
9.3.1 Subtractive Process is Projected to Lead the Semiconductors & Electronics Industry
9.4 Aerospace & Defense
9.4.1 3 Axes and 5 Axes to Lead the Aerospace & Defense Market
9.5 Medical & Aesthetics
9.5.1 Europe Projected to Lead the Market in the Medical & Aesthetics Segment
9.6 Telecommunications
9.6.1 Additive Process in the Telecommunications Segment to Grow at the Highest CAGR
9.7 Power & Energy
9.7.1 The Hybrid Type is Projected to Grow at the Highest CAGR in the Power & Energy Segment
9.8 Plastics & Polymers
9.8.1 Additive Process to Grow at the Highest CAGR in the Plastics & Polymers Segment
9.9 Gems & Jewelry
9.9.1 Non-Traditional Segment to Lead in the Gems & Jewelry Industry
9.10 Others
10 Geographic Analysis (Page No. – 94)
10.1 Introduction
10.2 North America
10.2.1 North America Accounted for a Significant Share of the Share of the Micromachining Market in 2019
10.2.2 US
10.2.3 Canada
10.2.4 Mexico
10.3 Europe
10.3.1 Subtractive Process to Lead the Market in Europe
10.3.2 UK
10.3.3 France
10.3.4 Germany
10.3.5 Rest of Europe
10.4 Asia Pacific (APAC)
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Rest of Asia Pacific
10.5 Rest of the World (RoW)
10.5.1 Middle East & Africa
10.5.2 South America
11 Competitive Landscape (Page No. – 109)
11.1 Overview
11.2 Ranking Analysis of Players in the Micromachining Market
11.3 Micromachining Market (Global) Competitive Leadership Mapping, 2018
11.3.1 Introduction
11.3.1.1 Visionary Leaders
11.3.1.2 Dynamic Differentiators
11.3.1.3 Innovators
11.3.1.4 Emerging Companies
11.3.2 Competitive Leadership Mapping
11.4 Micromachining Market (Global) Competitive Scenario
11.4.1 Product Launches
11.4.2 Expansions
11.4.3 Partnerships
12 Company Profiles (Page No. – 114)
12.1 Key Players
12.1.1 Coherent
12.1.1.1 Business Overview
12.1.1.2 Products Offered
12.1.1.3 Recent Developments
12.1.1.4 MnM View
12.1.1.5 SWOT Analysis
12.1.2 Georg Fischer
12.1.2.1 Business Overview
12.1.2.2 Products Offered
12.1.2.3 Recent Developments
12.1.2.4 MnM View
12.1.2.5 SWOT Analysis
12.1.3 Makino
12.1.3.1 Business Overview
12.1.3.2 Products Offered
12.1.3.3 Recent Developments
12.1.3.4 MnM View
12.1.3.5 SWOT Analysis
12.1.4 Lumentum
12.1.4.1 Business Overview
12.1.4.2 Products Offered
12.1.4.3 MnM View
12.1.4.4 SWOT Analysis
12.1.5 Mitsubishi
12.1.5.1 Business Overview
12.1.5.2 Products Offered
12.1.5.3 MnM View
12.1.5.4 SWOT Analysis
12.1.6 DATRON
12.1.6.1 Business Overview
12.1.6.2 Products Offered
12.1.7 Han’s Laser
12.1.7.1 Business Overview
12.1.7.2 Products Offered
12.1.8 Electro Scientific Industries
12.1.8.1 Business Overview
12.1.8.2 Products Offered
12.1.9 IPG Photonics
12.1.9.1 Business Overview
12.1.9.2 Products Offered
12.10.10 Heraeus
12.10.10.1 Business Overview
12.10.10.2 Products Offered
12.1.11 Right to Win
12.2 Other Key Players
12.2.1 OMAX
12.2.2 3D Micromac
12.2.3 Lasea
12.2.4 Posalux
12.2.5 SCANLAB
12.2.6 Tornos
12.2.7 Swisstec 3D
12.2.8 Kugler
12.2.9 GFH
13 Appendix (Page No. – 136)
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Available Customizations
13.4 Related Reports
List of Tables (101 Tables)
Table 1 Micromachining Market, By Type, 2017–2025 (USD Million)
Table 2 Micromachining Market for the Traditional Type, By Process, 2017–2025 (USD Million)
Table 3 Micromachining Market for the Traditional Type, By Axis, 2017–2025 (USD Million)
Table 4 Micromachining Market for the Traditional Type, By Industry, 2017–2025 (USD Million)
Table 5 Micromachining Market for the Traditional Type, By Geography, 2017–2025 (USD Million)
Table 6 Micromachining Market for the Non-Traditional Type, By Process, 2017–2025 (USD Million)
Table 7 Micromachining Market for the Non-Traditional Type, By Axis, 2017–2025 (USD Million)
Table 8 Market for the Non-Traditional Type, By Industry, 2017–2025 (USD Million)
Table 9 Market for the Non-Traditional Type, By Geography, 2017–2025 (USD Million)
Table 10 Micromachining Market for the Hybrid Type, By Process, 2017–2025 (USD Million)
Table 11 Micromachining Market for the Hybrid Type, By Axis, 2017–2025 (USD Million)
Table 12 Market for the Hybrid Type, By Industry, 2017–2025 (USD Thousand)
Table 13 Market for the Hybrid Type, By Geography, 2017–2025 (USD Million)
Table 14 Market, By Process, 2017–2025 (USD Million)
Table 15 Market for the Additive Process, By Type, 2017–2025 (USD Million)
Table 16 Market for the Additive Process, By Axis, 2017–2025 (USD Million)
Table 17 Market for the Additive Process, By Industry, 2017–2025 (USD Million)
Table 18 Market for the Additive Process, By Geography, 2017–2025 (USD Million)
Table 19 Market for the Subtractive Process, By Type, 2017–2025 (USD Million)
Table 20 Market for the Subtractive Process, By Axis, 2017–2025 (USD Million)
Table 21 Market for the Subtractive Process, By Industry, 2017–2025 (USD Million)
Table 22 Market for the Subtractive Process, By Geography, 2017–2025 (USD Million)
Table 23 Market for Other Processes, By Type, 2017–2025 (USD Million)
Table 24 Market for Other Processes, By Axis, 2017–2025 (USD Million)
Table 25 Market for Other Processes, By Industry, 2017–2025 (USD Million)
Table 26 Market for Other Processes, By Geography, 2017–2025 (USD Million)
Table 27 Market, By Axis, 2017–2025 (USD Million)
Table 28 Market for 3 Axes, By Process, 2017–2025 (USD Million)
Table 29 Market for 3 Axes, By Type, 2017–2025 (USD Million)
Table 30 Market for 3 Axes, By Industry, 2017–2025 (USD Million)
Table 31 Market for 3 Axes, By Geography, 2017–2025 (USD Million)
Table 32 Market for 4 Axes, By Process, 2017–2025 (USD Million)
Table 33 Market for 4 Axes, By Type, 2017–2025 (USD Million)
Table 34 Market for 4 Axes, By Industry, 2017–2025 (USD Million)
Table 35 Market for 4 Axes, By Geography, 2017–2025 (USD Million)
Table 36 Market for 5 Axes, By Process, 2017–2025 (USD Million)
Table 37 Market for 5 Axes, By Type, 2017–2025 (USD Million)
Table 38 Micromachining Market for 5 Axes, By Industry, 2017–2025 (USD Million)
Table 39 Market for 5 Axes, By Geography, 2017–2025 (USD Million)
Table 40 Market for Other Axes, By Process, 2017–2025 (USD Million)
Table 41 Market for Other Axes, By Type, 2017–2025 (USD Million)
Table 42 Market for Other Axes, By Industry, 2017–2025 (USD Thousand)
Table 43 Market for Other Axes, By Geography, 2017–2025 (USD Million)
Table 44 Market, By Industry, 2017–2025 (USD Million)
Table 45 Market for the Automotive Industry, By Process, 2017–2025 (USD Million)
Table 46 Market for the Automotive Industry, By Type, 2017–2025 (USD Million)
Table 47 Market for the Automotive Industry, By Axis, 2017–2025 (USD Million)
Table 48 Market for the Automotive Industry, By Geography, 2017–2025 (USD Million)
Table 49 Market for the Semiconductors & Electronics Industry, By Process, 2017–2025 (USD Million)
Table 50 Market for the Semiconductors & Electronics Industry, By Type, 2017–2025 (USD Million)
Table 51 Market for the Semiconductors & Electronics Industry, By Axis, 2017–2025 (USD Million)
Table 52 Market for the Semiconductors & Electronics Industry, By Geography, 2017–2025 (USD Million)
Table 53 Market for the Aerospace & Defense Industry, By Process, 2017–2025 (USD Million)
Table 54 Market for the Aerospace & Defense Industry, By Type, 2017–2025 (USD Million)
Table 55 Market for the Aerospace & Defense Industry, By Axis, 2017–2025 (USD Million)
Table 56 Market for the Aerospace & Defense Industry, By Geography, 2017–2025 (USD Million)
Table 57 Market for the Medical & Aesthetics Industry, By Process, 2017–2025 (USD Million)
Table 58 Market for the Medical & Aesthetics Industry, By Type, 2017–2025 (USD Million)
Table 59 Market for the Medical & Aesthetics Industry, By Axis, 2017–2025 (USD Million)
Table 60 Market for the Medical & Aesthetics Industry, By Geography, 2017–2025 (USD Million)
Table 61 Market for the Telecommunications Industry, By Process, 2017–2025 (USD Million)
Table 62 Market for the Telecommunications Industry, By Type, 2017–2025 (USD Million)
Table 63 Market for the Telecommunications Industry, By Axis, 2017–2025 (USD Million)
Table 64 Market for the Telecommunications Industry, By Geography, 2017–2025 (USD Thousand)
Table 65 Market for the Power & Energy Industry, By Process, 2017–2025 (USD Thousand)
Table 66 Market for the Power & Energy Industry, By Type, 2017–2025 (USD Million)
Table 67 Market for the Power & Energy Industry, By Axis, 2017–2025 (USD Thousand)
Table 68 Market for the Power & Energy Industry, By Geography, 2017–2025 (USD Thousand)
Table 69 Market for the Plastics & Polymers Industry, By Process, 2017–2025 (USD Thousand)
Table 70 Market for the Plastics & Polymers Industry, By Type, 2017–2025 (USD Thousand)
Table 71 Market for the Plastics & Polymers Industry, By Axis, 2017–2025 (USD Thousand)
Table 72 Market for the Plastics & Polymers Industry, By Geography, 2017–2025 (USD Thousand)
Table 73 Market for the Gems & Jewelry Industry, By Process, 2017–2025 (USD Thousand)
Table 74 Market for the Gems & Jewelry Industry, By Type, 2017–2025 (USD Thousand)
Table 75 Market for the Gems & Jewelry Industry, By Axis, 2017–2025 (USD Thousand)
Table 76 Market for the Gems & Jewelry Industry, By Geography, 2017–2025 (USD Thousand)
Table 77 Market for Other Industries, By Process, 2017–2025 (USD Million)
Table 78 Market for Other Industries, By Type, 2017–2025 (USD Million)
Table 79 Market for Other Industries, By Axis, 2017–2025 (USD Thousand)
Table 80 Market for Other Industries, By Geography, 2017–2025 (USD Thousand)
Table 81 Market, By Geography, 2017–2025 (USD Million)
Table 82 Market for North America, By Process, 2017–2025 (USD Million)
Table 83 Market for North America, By Type, 2017–2025 (USD Million)
Table 84 Market for North America, By Axis, 2017–2025 (USD Million)
Table 85 Market for North America, By Industry, 2017–2025 (USD Million)
Table 86 Market for Europe, By Process, 2017–2025 (USD Million)
Table 87 Market for Europe, By Type, 2017–2025 (USD Million)
Table 88 Market for Europe, By Axis, 2017–2025 (USD Million)
Table 89 Market for Europe, By Industry, 2017–2025 (USD Million)
Table 90 Market for Asia Pacific, By Process, 2017–2025 (USD Million)
Table 91 Market for Asia Pacific, By Type, 2017–2025 (USD Million)
Table 92 Market for Asia Pacific, By Axis, 2017–2025 (USD Million)
Table 93 Market for Asia Pacific, By Industry, 2017–2025 (USD Million)
Table 94 Market for the Rest of the World, By Process, 2017–2025 (USD Thousand)
Table 95 Market for the Rest of the World, By Type, 2017–2025 (USD Million)
Table 96 Market for the Rest of the World, By Axis, 2017–2025 (USD Million)
Table 97 Market for the Rest of the World, By Industry, 2017–2025 (USD Thousand)
Table 98 Top Three Micromachining Market Players, 2018
Table 99 Product Launches, 2018–2019
Table 100 Expansions, 2018–2019
Table 101 Partnership, 2019
List of Figures (41 Figures)
Figure 1 Micromachining Market Segmentation
Figure 2 Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Assumptions for the Research Study
Figure 7 Micromachining Market Segmentation
Figure 8 Global Market, 2015 to 2025 (USD Million)
Figure 9 Market for Additive Micromachining Process to Grow at the Highest CAGR During the Forecast Period
Figure 10 Non-Traditional Type to Lead the Market During the Forecast Period
Figure 11 5 Axes Micromachining System Projected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Automotive Industry to Lead the Market From 2020 to 2025
Figure 13 Asia Pacific to Grow at the Highest CAGR in the Micromachining Market During the Forecast Period
Figure 14 Attractive Growth Opportunities for Players in the Micromachining Market
Figure 15 Non-Traditional Micromachining to Grow at the Highest CAGR During the Forecast Period
Figure 16 Subtractive Micromachining to Lead the Market During the Forecast Period
Figure 17 3 Axes Micromachining to Lead the Market During the Forecast Period
Figure 18 Automotive Industry to Account for the Largest Share of the Micromachining Market in 2025
Figure 19 Asia Pacific to Grow at the Highest CAGR in the Micromachining Market During the Forecast Period
Figure 20 Micromachining Market Dynamics
Figure 21 Market, By Type
Figure 22 Market, By Process
Figure 23 Market, By Axis
Figure 24 Market, By Industry
Figure 25 North America: Micromachining Snapshot
Figure 26 Asia Pacific: Micromachining Market Snapshot
Figure 27 Coherent: Company Snapshot
Figure 28 SWOT Analysis: Coherent
Figure 29 Georg Fischer: Company Snapshot
Figure 30 SWOT Analysis: Georg Fischer
Figure 31 Makino: Company Snapshot
Figure 32 SWOT Analysis
Figure 33 Lumentum: Company Snapshot
Figure 34 SWOT Analysis
Figure 35 Mitsubishi: Company Snapshot
Figure 36 SWOT Analysis: Mitsubishi
Figure 37 DATRON: Company Snapshot
Figure 38 Han’s Laser: Company Snapshot
Figure 39 Electro Scientific Industries: Company Snapshot
Figure 40 IPG Photonics: Company Snapshot
Figure 41 Heraeus: Company Snapshot