The Europe Precision Engineering Machines Market would witness market growth of 5.6% CAGR during the forecast period (2021-2027).
Precision measuring machines are used to accurately measure the physical quantities directly or the dimensions indirectly by calculating real physical objects with the purpose of obtaining accurate values of the object. In the modern era, the need for precision in production and manufacturing units is continuously increasing. Precision engineering machines comprise a wide range of tools that can be leveraged in the manufacturing of various products under numerous fields such as mechanical engineering, electrical engineering, optical engineering, electronics engineering, and software engineering.
Europe is a region with a high emphasis on precision engineering machines to fulfill the requirements of the residents of the region with increased accuracy. Moreover, the emergence of Euspen (European Society for Precision Engineering and Nanotechnology) across the region would accelerate the deployment of precision engineering and precision engineering machines in Europe. Euspen is a group of best-in-class industrialists and researchers spending their efforts in the field of precision engineering. Furthermore, this organization emphasizes on developing Nano precision fixtures and ultra-precision machines.
In addition, the Government of Germany is increasing funds and investments intending to increase the number of technical institutes across the country. This would further expedite the development of precision engineering machines in Germany and enable the county to fulfill the increasing demand for the precision of its residents.
The Germany market dominated the Europe Precision Engineering Machines Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.3 billion by 2027. The UK market is anticipated to grow at a CAGR of 4.9% during (2021 - 2027). Additionally, The France market would display a CAGR of 6.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Precision Engineering Machines Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Precision Engineering Machines Market, by End User
1.4.2 Europe 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. Europe Precision Engineering Machines Market by End Use
4.1 Europe Non-Automotive Precision Engineering Machines Market by Country
4.2 Europe Precision Engineering Machines Market by Non-Automotive Type
4.2.1 Europe Engineering & Capital Goods Precision Engineering Machines Market by Country
4.2.2 Europe Power & Energy Precision Engineering Machines Market by Country
4.2.3 Europe Aerospace & Defense Precision Engineering Machines Market by Country
4.2.4 Europe Others Precision Engineering Machines Market by Country
4.3 Europe Automotive Precision Engineering Machines Market by Country
Chapter 5. Europe Precision Engineering Machines Market by Country
5.1 Germany Precision Engineering Machines Market
5.1.1 Germany Precision Engineering Machines Market by End Use
5.1.1.1 Germany Precision Engineering Machines Market by Non-Automotive Type
5.2 UK Precision Engineering Machines Market
5.2.1 UK Precision Engineering Machines Market by End Use
5.2.1.1 UK Precision Engineering Machines Market by Non-Automotive Type
5.3 France Precision Engineering Machines Market
5.3.1 France Precision Engineering Machines Market by End Use
5.3.1.1 France Precision Engineering Machines Market by Non-Automotive Type
5.4 Russia Precision Engineering Machines Market
5.4.1 Russia Precision Engineering Machines Market by End Use
5.4.1.1 Russia Precision Engineering Machines Market by Non-Automotive Type
5.5 Spain Precision Engineering Machines Market
5.5.1 Spain Precision Engineering Machines Market by End Use
5.5.1.1 Spain Precision Engineering Machines Market by Non-Automotive Type
5.6 Italy Precision Engineering Machines Market
5.6.1 Italy Precision Engineering Machines Market by End Use
5.6.1.1 Italy Precision Engineering Machines Market by Non-Automotive Type
5.7 Rest of Europe Precision Engineering Machines Market
5.7.1 Rest of Europe Precision Engineering Machines Market by End Use
5.7.1.1 Rest of Europe 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 Europe Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 8 Europe Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 9 Europe Non-Automotive Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Non-Automotive Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 12 Europe Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 13 Europe Engineering & Capital Goods Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Engineering & Capital Goods Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Power & Energy Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Power & Energy Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Aerospace & Defense Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Aerospace & Defense Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Others Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Others Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Automotive Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Automotive Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Precision Engineering Machines Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Precision Engineering Machines Market by Country, 2021 - 2027, USD Million
TABLE 25 Germany Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 26 Germany Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 27 Germany Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 28 Germany Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 29 Germany Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 30 Germany Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 31 UK Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 32 UK Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 33 UK Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 34 UK Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 35 UK Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 36 UK Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 37 France Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 38 France Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 39 France Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 40 France Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 41 France Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 42 France Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 43 Russia Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 44 Russia Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 45 Russia Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 46 Russia Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 47 Russia Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 48 Russia Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 49 Spain Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 50 Spain Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 51 Spain Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 52 Spain Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 53 Spain Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 54 Spain Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 55 Italy Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 56 Italy Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 57 Italy Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 58 Italy Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 59 Italy Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 60 Italy Precision Engineering Machines Market by Non-Automotive Type, 2021 - 2027, USD Million
TABLE 61 Rest of Europe Precision Engineering Machines Market, 2017 - 2020, USD Million
TABLE 62 Rest of Europe Precision Engineering Machines Market, 2021 - 2027, USD Million
TABLE 63 Rest of Europe Precision Engineering Machines Market by End Use, 2017 - 2020, USD Million
TABLE 64 Rest of Europe Precision Engineering Machines Market by End Use, 2021 - 2027, USD Million
TABLE 65 Rest of Europe Precision Engineering Machines Market by Non-Automotive Type, 2017 - 2020, USD Million
TABLE 66 Rest of Europe 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.