Global Precision Parts Market

Global Precision Parts Market Research Report 2021

Global Precision Parts Market

Global Precision Parts Market Research Report 2021


The Precision Parts Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.

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Research Predicts that Precision Parts Market Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Precision Parts Market Market Overview:

Global Precision Parts Market Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Precision Parts Market involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Precision Parts Market Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Precision Parts Market market in 2020.

Global Precision Parts Market Market Segmentation

By Type, Precision Parts Market market has been segmented into:

Metal

Plastic

Others

By Application, Precision Parts Market market has been segmented into:

Aerospace

Automotive

Electronics

Healthcare

Watches

Others

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Precision Parts Market market are:

Barnes Group

ARC Group Worldwide

Martinrea International

NN Inc.

Renishaw Group

Armor Meca

Gudel

W M Berg

Linamar International

Aequs

Tessa Precision Products

BonfiglioliRiduttori

Hoppe Technologies

Greystone

WSI Industries

Sigma Components

Mecachrome Group

Dana Brevini Power Transmission

Beyonics

Precision Castparts Corp (PCC)

1. Market Overview of Precision Parts Market

1.1 Precision Parts Market Market Overview

1.1.1 Precision Parts Market Product Scope

1.1.2 Market Status and Outlook

1.2 Precision Parts Market Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Precision Parts Market Historic Market Size by Regions (2015-2020)

1.4 Precision Parts Market Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Precision Parts Market Sales Market by Type (2015-2026)

2.1 Global Precision Parts Market Historic Market Size by Type (2015-2020)

2.2 Global Precision Parts Market Forecasted Market Size by Type (2021-2026)

2.3 Metal

2.4 Plastic

2.5 Others

3. Covid-19 Impact Precision Parts Market Sales Market by Application (2015-2026)

3.1 Global Precision Parts Market Historic Market Size by Application (2015-2020)

3.2 Global Precision Parts Market Forecasted Market Size by Application (2021-2026)

3.3 Aerospace

3.4 Automotive

3.5 Electronics

3.6 Healthcare

3.7 Watches

3.8 Others

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Precision Parts Market Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Precision Parts Market Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Precision Parts Market Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Precision Parts Market Business

5.1 Barnes Group

5.1.1 Barnes Group Company Profile

5.1.2 Barnes Group Precision Parts Market Product Specification

5.1.3 Barnes Group Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 ARC Group Worldwide

5.2.1 ARC Group Worldwide Company Profile

5.2.2 ARC Group Worldwide Precision Parts Market Product Specification

5.2.3 ARC Group Worldwide Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 Martinrea International

5.3.1 Martinrea International Company Profile

5.3.2 Martinrea International Precision Parts Market Product Specification

5.3.3 Martinrea International Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 NN Inc.

5.4.1 NN Inc. Company Profile

5.4.2 NN Inc. Precision Parts Market Product Specification

5.4.3 NN Inc. Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 Renishaw Group

5.5.1 Renishaw Group Company Profile

5.5.2 Renishaw Group Precision Parts Market Product Specification

5.5.3 Renishaw Group Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 Armor Meca

5.6.1 Armor Meca Company Profile

5.6.2 Armor Meca Precision Parts Market Product Specification

5.6.3 Armor Meca Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 Gudel

5.7.1 Gudel Company Profile

5.7.2 Gudel Precision Parts Market Product Specification

5.7.3 Gudel Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 W M Berg

5.8.1 W M Berg Company Profile

5.8.2 W M Berg Precision Parts Market Product Specification

5.8.3 W M Berg Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 Linamar International

5.9.1 Linamar International Company Profile

5.9.2 Linamar International Precision Parts Market Product Specification

5.9.3 Linamar International Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 Aequs

5.10.1 Aequs Company Profile

5.10.2 Aequs Precision Parts Market Product Specification

5.10.3 Aequs Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 Tessa Precision Products

5.11.1 Tessa Precision Products Company Profile

5.11.2 Tessa Precision Products Precision Parts Market Product Specification

5.11.3 Tessa Precision Products Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 BonfiglioliRiduttori

5.12.1 BonfiglioliRiduttori Company Profile

5.12.2 BonfiglioliRiduttori Precision Parts Market Product Specification

5.12.3 BonfiglioliRiduttori Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.13 Hoppe Technologies

5.13.1 Hoppe Technologies Company Profile

5.13.2 Hoppe Technologies Precision Parts Market Product Specification

5.13.3 Hoppe Technologies Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.14 Greystone

5.14.1 Greystone Company Profile

5.14.2 Greystone Precision Parts Market Product Specification

5.14.3 Greystone Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.15 WSI Industries

5.15.1 WSI Industries Company Profile

5.15.2 WSI Industries Precision Parts Market Product Specification

5.15.3 WSI Industries Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.16 Sigma Components

5.16.1 Sigma Components Company Profile

5.16.2 Sigma Components Precision Parts Market Product Specification

5.16.3 Sigma Components Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.17 Mecachrome Group

5.17.1 Mecachrome Group Company Profile

5.17.2 Mecachrome Group Precision Parts Market Product Specification

5.17.3 Mecachrome Group Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.18 Dana Brevini Power Transmission

5.18.1 Dana Brevini Power Transmission Company Profile

5.18.2 Dana Brevini Power Transmission Precision Parts Market Product Specification

5.18.3 Dana Brevini Power Transmission Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.19 Beyonics

5.19.1 Beyonics Company Profile

5.19.2 Beyonics Precision Parts Market Product Specification

5.19.3 Beyonics Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.20 Precision Castparts Corp (PCC)

5.20.1 Precision Castparts Corp (PCC) Company Profile

5.20.2 Precision Castparts Corp (PCC) Precision Parts Market Product Specification

5.20.3 Precision Castparts Corp (PCC) Precision Parts Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Precision Parts Market Market Size (2015-2026)

6.2 North America Precision Parts Market Key Players in North America (2015-2020)

6.3 North America Precision Parts Market Market Size by Type (2015-2020)

6.4 North America Precision Parts Market Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Precision Parts Market Market Size (2015-2026)

7.2 East Asia Precision Parts Market Key Players in North America (2015-2020)

7.3 East Asia Precision Parts Market Market Size by Type (2015-2020)

7.4 East Asia Precision Parts Market Market Size by Application (2015-2020)

8. Europe

8.1 Europe Precision Parts Market Market Size (2015-2026)

8.2 Europe Precision Parts Market Key Players in North America (2015-2020)

8.3 Europe Precision Parts Market Market Size by Type (2015-2020)

8.4 Europe Precision Parts Market Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Precision Parts Market Market Size (2015-2026)

9.2 South Asia Precision Parts Market Key Players in North America (2015-2020)

9.3 South Asia Precision Parts Market Market Size by Type (2015-2020)

9.4 South Asia Precision Parts Market Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Precision Parts Market Market Size (2015-2026)

10.2 Southeast Asia Precision Parts Market Key Players in North America (2015-2020)

10.3 Southeast Asia Precision Parts Market Market Size by Type (2015-2020)

10.4 Southeast Asia Precision Parts Market Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Precision Parts Market Market Size (2015-2026)

11.2 Middle East Precision Parts Market Key Players in North America (2015-2020)

11.3 Middle East Precision Parts Market Market Size by Type (2015-2020)

11.4 Middle East Precision Parts Market Market Size by Application (2015-2020)

12. Africa

12.1 Africa Precision Parts Market Market Size (2015-2026)

12.2 Africa Precision Parts Market Key Players in North America (2015-2020)

12.3 Africa Precision Parts Market Market Size by Type (2015-2020)

12.4 Africa Precision Parts Market Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Precision Parts Market Market Size (2015-2026)

13.2 Oceania Precision Parts Market Key Players in North America (2015-2020)

13.3 Oceania Precision Parts Market Market Size by Type (2015-2020)

13.4 Oceania Precision Parts Market Market Size by Application (2015-2020)

14. South America

14.1 South America Precision Parts Market Market Size (2015-2026)

14.2 South America Precision Parts Market Key Players in North America (2015-2020)

14.3 South America Precision Parts Market Market Size by Type (2015-2020)

14.4 South America Precision Parts Market Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Precision Parts Market Market Size (2015-2026)

15.2 Rest of the World Precision Parts Market Key Players in North America (2015-2020)

15.3 Rest of the World Precision Parts Market Market Size by Type (2015-2020)

15.4 Rest of the World Precision Parts Market Market Size by Application (2015-2020)

16 Precision Parts Market Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Precision Parts Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Precision Parts Market?
Some of the finest and top-notch companies pioneering the Precision Parts Market are Barnes Group, ARC Group Worldwide, Martinrea International, NN Inc., Renishaw Group, Armor Meca, Gudel, W M Berg, Linamar International, Aequs, Tessa Precision Products, BonfiglioliRiduttori, Hoppe Technologies, Greystone, WSI Industries, Sigma Components, Mecachrome Group, Dana Brevini Power Transmission, Beyonics, Precision Castparts Corp (PCC).
How is the competition changing gears in the Precision Parts Industry?
Emerging markets will create new demands and put pressure on the industry to act quickly. Simultaneously, market players such as Barnes Group, ARC Group Worldwide, Martinrea International, NN Inc., Renishaw Group, Armor Meca, Gudel, W M Berg, Linamar International, Aequs, Tessa Precision Products, BonfiglioliRiduttori, Hoppe Technologies, Greystone, WSI Industries, Sigma Components, Mecachrome Group, Dana Brevini Power Transmission, Beyonics, Precision Castparts Corp (PCC) will face challenges from the industry's increasing pace of consolidation, particularly in North America and Europe.
What are the major applications for Precision Parts?
Precision Parts has a wide range of applications, including and others.
What is the current state of the Precision Parts Industry, and what is the projected growth trajectory through 2030?
In 2024, the Precision Parts Market share surpassed USD xx million, and between 2025 and 2030, it will grow at a CAGR of yy%.
Where does the Precision Parts Industry stands in terms of scaling end-use implementations?
According to the Precision Parts Market research paper, organizations are making more progress than their supply chain counterparts, including suppliers.
How is the competitive landscape for the Precision Parts Market defined?
Companies in the Precision Parts Industry are thoroughly researched and profiled in order to determine why certain trends will have a significant impact and how they will be factored into the Precision Parts Market's trajectory and future outlook.