The North America Micromachining Market would witness market growth of 9% CAGR during the forecast period (2020-2026). Micromachining is commonly used in the automobile industry to optimize device performance and for miniaturization. Micromachined devices have uses in accelerometers, speed sensors and controls for temperature and pressure. The demand for micromachining is also increasing as a result of recent developments in automotive devices used in micro-electro-mechanical system (MEMS). Micromachining is used widely in the automotive industry. For example, nozzles from fuel injectors are used in different automobiles' fuel injection technologies. This technology for fuel injection not only increases vehicle mileage but also uses less fuel. The electrical discharge machining (EDM) procedure is usually used on micromachine fuel injector nozzles. The laser technology in micromachining is widely used for seamless welding and joining of various vehicle components in the automotive industry. The demand is driven by electronic components used in cars and electro-voltaic cells used in electric vehicles.
In recent years, there has been increased acceptance for the manufacture of electronic assemblies, sensors, actuators, and optical MEMS, among others, in the aerospace & defense market. As a consequence, the aerospace and defense segment is projected to rise at a substantially high CAGR over the forecast period. In addition, such devices are used in the aerospace and defense industries for computer parts used in different applications such as cockpit control panels, flight control and actuation devices, missile detection and tracking applications, Light Detection and Ranging (LIDAR) systems and military robotics, among others. They are also used in the manufacture of numerous sensors used for tactical grade inertial applications, platform stabilization, structural modelling and structural safety monitoring.
Based on Type, the market is segmented into Non-traditional, Traditional and Hybrid. Based on Process, the market is segmented into Subtractive and Additive & Others Based on Axis, the market is segmented into 3-Axis, 4-Axis and 5-Axis. Based on Industry Vertical, the market is segmented into Automotive, Semiconductors & Electronics, Healthcare, Aerospace & Defense, Telecommunications, Plastics & Polymers, Power & Energy and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Micromachining Market in North America is expected to register a CAGR of 9% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include MKS Instruments, Inc. (Electro Scientific Industries), Mitsubishi Heavy Industries Ltd., Lumentum Holdings, Inc., IPG Photonics Corporation, Georg Fischer Ltd., Coherent, Inc., Oxford Lasers Ltd., Makino Milling Machine Co., Ltd., Han’s Laser Technology Industry Group Co., Ltd., and Heraeus Holding GmbH.
Scope of the North America Micromachining Market Analysis
Market Segmentation:
By Type
- Non-traditional
- Traditional
- Hybrid
By Process
- Subtractive
- Additive & Others
By Axis
By Industry Vertical
- Automotive
- Semiconductors & Electronics
- Healthcare
- Aerospace & Defense
- Telecommunications
- Plastics & Polymers
- Power & Energy
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- MKS Instruments, Inc. (Electro Scientific Industries)
- Mitsubishi Heavy Industries Ltd.
- Lumentum Holdings, Inc.
- IPG Photonics Corporation
- Georg Fischer Ltd.
- Coherent, Inc.
- Oxford Lasers Ltd.
- Makino Milling Machine Co., Ltd.
- Han’s Laser Technology Industry Group Co., Ltd.
- Heraeus Holding GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Micromachining Market, by Type
1.4.2 North America Micromachining Market, by Process
1.4.3 North America Micromachining Market, by Axis
1.4.4 North America Micromachining Market, by Industry Vertical
1.4.5 North America Micromachining Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 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 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2020, Jun) Leading Players
Chapter 4. North America Micromachining Market by Industry Vertical
4.1 North America Automotive Micromachining Market by Country
4.2 North America Semiconductors & Electronics Micromachining Market by Country
4.3 North America Healthcare Micromachining Market by Country
4.4 North America Aerospace & Defense Micromachining Market by Country
4.5 North America Telecommunications Micromachining Market by Country
4.6 North America Plastics & Polymers Micromachining Market by Country
4.7 North America Power & Energy Micromachining Market by Country
4.8 North America Other Industry Vertical Micromachining Market by Country
Chapter 5. North America Micromachining Market by Type
5.1 North America Micromachining Non-traditional Market by Country
5.2 North America Micromachining Traditional Market by Country
5.3 North America Micromachining Hybrid Market by Country
Chapter 6. North America Micromachining Market by Process
6.1 North America Subtractive Micromachining Market by Country
6.2 North America Additive & Others Micromachining Market by Country
Chapter 7. North America Micromachining Market by Axis
7.1 North America 3-Axis Micromachining Market by Country
7.2 North America 4-Axis Micromachining Market by Country
7.3 North America 5-Axis Micromachining Market by Country
Chapter 8. North America Micromachining Market by Country
8.1 US Micromachining Market
8.1.1 US Micromachining Market by Industry Vertical
8.1.2 US Micromachining Market by Type
8.1.3 US Micromachining Market by Process
8.1.4 US Micromachining Market by Axis
8.2 Canada Micromachining Market
8.2.1 Canada Micromachining Market by Industry Vertical
8.2.2 Canada Micromachining Market by Type
8.2.3 Canada Micromachining Market by Process
8.2.4 Canada Micromachining Market by Axis
8.3 Mexico Micromachining Market
8.3.1 Mexico Micromachining Market by Industry Vertical
8.3.2 Mexico Micromachining Market by Type
8.3.3 Mexico Micromachining Market by Process
8.3.4 Mexico Micromachining Market by Axis
8.4 Rest of North America Micromachining Market
8.4.1 Rest of North America Micromachining Market by Industry Vertical
8.4.2 Rest of North America Micromachining Market by Type
8.4.3 Rest of North America Micromachining Market by Process
8.4.4 Rest of North America Micromachining Market by Axis
Chapter 9. Company Profiles
9.1 MKS Instruments, Inc. (Electro Scientific Industries)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.5.2 Product Launches and Product Expansions:
9.2 Mitsubishi Heavy Industries Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.3 Lumentum Holdings, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.4 IPG Photonics Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 Georg Fischer Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.5.5.3 Geographical Expansions:
9.6 Coherent, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Geographical Expansions:
9.7 Oxford Lasers Ltd.
9.7.1 Company Overview
9.8 Makino Milling Machine Co., Ltd.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.9 Han’s Laser Technology Industry Group Co., Ltd.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.1 Heraeus Holding GmbH
9.10.1 Company Overview
TABLE 1 North America Micromachining Market, 2016 - 2019, USD Million
TABLE 2 North America Micromachining Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Micromachining Market
TABLE 4 Product Launches And Product Expansions– Micromachining Market
TABLE 5 Geographical Expansions– Micromachining Market
TABLE 6 Mergers & Acquisitions – Micromachining Market
TABLE 7 North America Micromachining Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 8 North America Micromachining Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 9 North America Automotive Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Automotive Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Semiconductors & Electronics Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Semiconductors & Electronics Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Healthcare Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Healthcare Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Aerospace & Defense Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 16 North America Aerospace & Defense Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 17 North America Telecommunications Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Telecommunications Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Plastics & Polymers Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Plastics & Polymers Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Power & Energy Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Power & Energy Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 23 North America Other Industry Vertical Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 24 North America Other Industry Vertical Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 25 North America Micromachining Market by Type, 2016 - 2019, USD Million
TABLE 26 North America Micromachining Market by Type, 2020 - 2026, USD Million
TABLE 27 North America Micromachining Non-traditional Market by Country, 2016 - 2019, USD Million
TABLE 28 North America Micromachining Non-traditional Market by Country, 2020 - 2026, USD Million
TABLE 29 North America Micromachining Traditional Market by Country, 2016 - 2019, USD Million
TABLE 30 North America Micromachining Traditional Market by Country, 2020 - 2026, USD Million
TABLE 31 North America Micromachining Hybrid Market by Country, 2016 - 2019, USD Million
TABLE 32 North America Micromachining Hybrid Market by Country, 2020 - 2026, USD Million
TABLE 33 North America Micromachining Market by Process, 2016 - 2019, USD Million
TABLE 34 North America Micromachining Market by Process, 2020 - 2026, USD Million
TABLE 35 North America Subtractive Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 36 North America Subtractive Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 37 North America Additive & Others Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 38 North America Additive & Others Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 39 North America Micromachining Market by Axis, 2016 - 2019, USD Million
TABLE 40 North America Micromachining Market by Axis, 2020 - 2026, USD Million
TABLE 41 North America 3-Axis Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 42 North America 3-Axis Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 43 North America 4-Axis Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 44 North America 4-Axis Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 45 North America 5-Axis Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 46 North America 5-Axis Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 47 North America Micromachining Market by Country, 2016 - 2019, USD Million
TABLE 48 North America Micromachining Market by Country, 2020 - 2026, USD Million
TABLE 49 US Micromachining Market, 2016 - 2019, USD Million
TABLE 50 US Micromachining Market, 2020 - 2026, USD Million
TABLE 51 US Micromachining Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 52 US Micromachining Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 53 US Micromachining Market by Type, 2016 - 2019, USD Million
TABLE 54 US Micromachining Market by Type, 2020 - 2026, USD Million
TABLE 55 US Micromachining Market by Process, 2016 - 2019, USD Million
TABLE 56 US Micromachining Market by Process, 2020 - 2026, USD Million
TABLE 57 US Micromachining Market by Axis, 2016 - 2019, USD Million
TABLE 58 US Micromachining Market by Axis, 2020 - 2026, USD Million
TABLE 59 Canada Micromachining Market, 2016 - 2019, USD Million
TABLE 60 Canada Micromachining Market, 2020 - 2026, USD Million
TABLE 61 Canada Micromachining Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 62 Canada Micromachining Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 63 Canada Micromachining Market by Type, 2016 - 2019, USD Million
TABLE 64 Canada Micromachining Market by Type, 2020 - 2026, USD Million
TABLE 65 Canada Micromachining Market by Process, 2016 - 2019, USD Million
TABLE 66 Canada Micromachining Market by Process, 2020 - 2026, USD Million
TABLE 67 Canada Micromachining Market by Axis, 2016 - 2019, USD Million
TABLE 68 Canada Micromachining Market by Axis, 2020 - 2026, USD Million
TABLE 69 Mexico Micromachining Market, 2016 - 2019, USD Million
TABLE 70 Mexico Micromachining Market, 2020 - 2026, USD Million
TABLE 71 Mexico Micromachining Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 72 Mexico Micromachining Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 73 Mexico Micromachining Market by Type, 2016 - 2019, USD Million
TABLE 74 Mexico Micromachining Market by Type, 2020 - 2026, USD Million
TABLE 75 Mexico Micromachining Market by Process, 2016 - 2019, USD Million
TABLE 76 Mexico Micromachining Market by Process, 2020 - 2026, USD Million
TABLE 77 Mexico Micromachining Market by Axis, 2016 - 2019, USD Million
TABLE 78 Mexico Micromachining Market by Axis, 2020 - 2026, USD Million
TABLE 79 Rest of North America Micromachining Market, 2016 - 2019, USD Million
TABLE 80 Rest of North America Micromachining Market, 2020 - 2026, USD Million
TABLE 81 Rest of North America Micromachining Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 82 Rest of North America Micromachining Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 83 Rest of North America Micromachining Market by Type, 2016 - 2019, USD Million
TABLE 84 Rest of North America Micromachining Market by Type, 2020 - 2026, USD Million
TABLE 85 Rest of North America Micromachining Market by Process, 2016 - 2019, USD Million
TABLE 86 Rest of North America Micromachining Market by Process, 2020 - 2026, USD Million
TABLE 87 Rest of North America Micromachining Market by Axis, 2016 - 2019, USD Million
TABLE 88 Rest of North America Micromachining Market by Axis, 2020 - 2026, USD Million
TABLE 89 key information – MKS Instruments, Inc.
TABLE 90 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 91 Key Information – Lumentum Holdings, Inc.
TABLE 92 Key Information – IPG Photonics Corporation
TABLE 93 key information – Georg Fischer Ltd.
TABLE 94 Key Information – Coherent, Inc.
TABLE 95 Key Information – Oxford Lasers Ltd.
TABLE 96 Key Information – Makino Milling Machine Co., Ltd.
TABLE 97 Key Information – Han’s Laser Technology Industry Group Co., Ltd.
TABLE 98 key Information – Heraeus Holding GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2020, Jun) Leading Players
FIG 5 Recent strategies and developments: MKS Instruments, Inc.
FIG 6 Recent strategies and developments: IPG Photonics Corporation
FIG 7 Recent strategies and developments: Georg Fischer Ltd.
FIG 8 Recent strategies and developments: Coherent, Inc.
FIG 9 Recent strategies and developments: Makino Milling Machine Co., Ltd.