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Global Precision Parts Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/1/2022
  • NO OF PAGES
  • 252
  • CATEGORY
  • Others
The Precision Parts market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Precision Parts market. On the basis of historic growth analysis and current scenario of Precision Parts market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Precision Parts market. This further helps user with their developmental strategy.

This report examines all the key factors influencing growth of global Precision Parts market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Precision Parts market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Global Precision Parts Market: Major Players
ARC Group Worldwide
Beyonics
Tessa Precision Products
Linamar International
Greystone
Dana Brevini Power Transmission
WSI Industries
Hoppe Technologies
Precision Castparts Corp (PCC)
Renishaw Group
Armor Meca
BonfiglioliRiduttori
Barnes Group
Sigma Components
Mecachrome Group
WM Berg
NN Inc.
Martinrea International
Gudel
Aequs

Global Precision Parts Market: Types
Metal
Plastic
Others

Global Precision Parts Market: Applications
Automotive
Healthcare
Aerospace
Electronics and Semiconductors
Watches
Others

Global Precision Parts Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Precision Parts market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.


Key Points:
Define, describe and forecast Precision Parts product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Precision Parts Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Precision Parts
1.3 Precision Parts Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Precision Parts
1.4.2 Applications of Precision Parts
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 ARC Group Worldwide Market Performance Analysis
3.1.1 ARC Group Worldwide Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 ARC Group Worldwide Sales, Value, Price, Gross Margin 2016-2021
3.2 Beyonics Market Performance Analysis
3.2.1 Beyonics Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Beyonics Sales, Value, Price, Gross Margin 2016-2021
3.3 Tessa Precision Products Market Performance Analysis
3.3.1 Tessa Precision Products Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Tessa Precision Products Sales, Value, Price, Gross Margin 2016-2021
3.4 Linamar International Market Performance Analysis
3.4.1 Linamar International Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Linamar International Sales, Value, Price, Gross Margin 2016-2021
3.5 Greystone Market Performance Analysis
3.5.1 Greystone Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Greystone Sales, Value, Price, Gross Margin 2016-2021
3.6 Dana Brevini Power Transmission Market Performance Analysis
3.6.1 Dana Brevini Power Transmission Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Dana Brevini Power Transmission Sales, Value, Price, Gross Margin 2016-2021
3.7 WSI Industries Market Performance Analysis
3.7.1 WSI Industries Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 WSI Industries Sales, Value, Price, Gross Margin 2016-2021
3.8 Hoppe Technologies Market Performance Analysis
3.8.1 Hoppe Technologies Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Hoppe Technologies Sales, Value, Price, Gross Margin 2016-2021
3.9 Precision Castparts Corp (PCC) Market Performance Analysis
3.9.1 Precision Castparts Corp (PCC) Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Precision Castparts Corp (PCC) Sales, Value, Price, Gross Margin 2016-2021
3.10 Renishaw Group Market Performance Analysis
3.10.1 Renishaw Group Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Renishaw Group Sales, Value, Price, Gross Margin 2016-2021
3.11 Armor Meca Market Performance Analysis
3.11.1 Armor Meca Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Armor Meca Sales, Value, Price, Gross Margin 2016-2021
3.12 BonfiglioliRiduttori Market Performance Analysis
3.12.1 BonfiglioliRiduttori Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 BonfiglioliRiduttori Sales, Value, Price, Gross Margin 2016-2021
3.13 Barnes Group Market Performance Analysis
3.13.1 Barnes Group Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Barnes Group Sales, Value, Price, Gross Margin 2016-2021
3.14 Sigma Components Market Performance Analysis
3.14.1 Sigma Components Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Sigma Components Sales, Value, Price, Gross Margin 2016-2021
3.15 Mecachrome Group Market Performance Analysis
3.15.1 Mecachrome Group Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Mecachrome Group Sales, Value, Price, Gross Margin 2016-2021
3.16 WM Berg Market Performance Analysis
3.16.1 WM Berg Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 WM Berg Sales, Value, Price, Gross Margin 2016-2021
3.17 NN Inc. Market Performance Analysis
3.17.1 NN Inc. Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 NN Inc. Sales, Value, Price, Gross Margin 2016-2021
3.18 Martinrea International Market Performance Analysis
3.18.1 Martinrea International Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Martinrea International Sales, Value, Price, Gross Margin 2016-2021
3.19 Gudel Market Performance Analysis
3.19.1 Gudel Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 Gudel Sales, Value, Price, Gross Margin 2016-2021
3.20 Aequs Market Performance Analysis
3.20.1 Aequs Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Aequs Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Precision Parts Production and Value by Type
4.1.1 Global Precision Parts Production by Type 2016-2021
4.1.2 Global Precision Parts Market Value by Type 2016-2021
4.2 Global Precision Parts Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Metal Market Production, Value and Growth Rate
4.2.2 Plastic Market Production, Value and Growth Rate
4.2.3 Others Market Production, Value and Growth Rate
4.3 Global Precision Parts Production and Value Forecast by Type
4.3.1 Global Precision Parts Production Forecast by Type 2021-2026
4.3.2 Global Precision Parts Market Value Forecast by Type 2021-2026
4.4 Global Precision Parts Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Metal Market Production, Value and Growth Rate Forecast
4.4.2 Plastic Market Production, Value and Growth Rate Forecast
4.4.3 Others Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Precision Parts Consumption and Value by Application
5.1.1 Global Precision Parts Consumption by Application 2016-2021
5.1.2 Global Precision Parts Market Value by Application 2016-2021
5.2 Global Precision Parts Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Automotive Market Consumption, Value and Growth Rate
5.2.2 Healthcare Market Consumption, Value and Growth Rate
5.2.3 Aerospace Market Consumption, Value and Growth Rate
5.2.4 Electronics and Semiconductors Market Consumption, Value and Growth Rate
5.2.5 Watches Market Consumption, Value and Growth Rate
5.2.6 Others Market Consumption, Value and Growth Rate
5.3 Global Precision Parts Consumption and Value Forecast by Application
5.3.1 Global Precision Parts Consumption Forecast by Application 2021-2026
5.3.2 Global Precision Parts Market Value Forecast by Application 2021-2026
5.4 Global Precision Parts Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Automotive Market Consumption, Value and Growth Rate Forecast
5.4.2 Healthcare Market Consumption, Value and Growth Rate Forecast
5.4.3 Aerospace Market Consumption, Value and Growth Rate Forecast
5.4.4 Electronics and Semiconductors Market Consumption, Value and Growth Rate Forecast
5.4.5 Watches Market Consumption, Value and Growth Rate Forecast
5.4.6 Others Market Consumption, Value and Growth Rate Forecast

6 Global Precision Parts by Region, Historical Data and Market Forecasts
6.1 Global Precision Parts Sales by Region 2016-2021
6.2 Global Precision Parts Market Value by Region 2016-2021
6.3 Global Precision Parts Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Precision Parts Sales Forecast by Region 2021-2026
6.5 Global Precision Parts Market Value Forecast by Region 2021-2026
6.6 Global Precision Parts Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Precision Parts Value and Market Growth 2016-2021
7.2 United State Precision Parts Sales and Market Growth 2016-2021
7.3 United State Precision Parts Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Precision Parts Value and Market Growth 2016-2021
8.2 Canada Precision Parts Sales and Market Growth 2016-2021
8.3 Canada Precision Parts Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Precision Parts Value and Market Growth 2016-2021
9.2 Germany Precision Parts Sales and Market Growth 2016-2021
9.3 Germany Precision Parts Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Precision Parts Value and Market Growth 2016-2021
10.2 UK Precision Parts Sales and Market Growth 2016-2021
10.3 UK Precision Parts Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Precision Parts Value and Market Growth 2016-2021
11.2 France Precision Parts Sales and Market Growth 2016-2021
11.3 France Precision Parts Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Precision Parts Value and Market Growth 2016-2021
12.2 Italy Precision Parts Sales and Market Growth 2016-2021
12.3 Italy Precision Parts Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Precision Parts Value and Market Growth 2016-2021
13.2 Spain Precision Parts Sales and Market Growth 2016-2021
13.3 Spain Precision Parts Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Precision Parts Value and Market Growth 2016-2021
14.2 Russia Precision Parts Sales and Market Growth 2016-2021
14.3 Russia Precision Parts Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Precision Parts Value and Market Growth 2016-2021
15.2 China Precision Parts Sales and Market Growth 2016-2021
15.3 China Precision Parts Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Precision Parts Value and Market Growth 2016-2021
16.2 Japan Precision Parts Sales and Market Growth 2016-2021
16.3 Japan Precision Parts Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Precision Parts Value and Market Growth 2016-2021
17.2 South Korea Precision Parts Sales and Market Growth 2016-2021
17.3 South Korea Precision Parts Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Precision Parts Value and Market Growth 2016-2021
18.2 Australia Precision Parts Sales and Market Growth 2016-2021
18.3 Australia Precision Parts Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Precision Parts Value and Market Growth 2016-2021
19.2 Thailand Precision Parts Sales and Market Growth 2016-2021
19.3 Thailand Precision Parts Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Precision Parts Value and Market Growth 2016-2021
20.2 Brazil Precision Parts Sales and Market Growth 2016-2021
20.3 Brazil Precision Parts Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Precision Parts Value and Market Growth 2016-2021
21.2 Argentina Precision Parts Sales and Market Growth 2016-2021
21.3 Argentina Precision Parts Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Precision Parts Value and Market Growth 2016-2021
22.2 Chile Precision Parts Sales and Market Growth 2016-2021
22.3 Chile Precision Parts Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Precision Parts Value and Market Growth 2016-2021
23.2 South Africa Precision Parts Sales and Market Growth 2016-2021
23.3 South Africa Precision Parts Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Precision Parts Value and Market Growth 2016-2021
24.2 Egypt Precision Parts Sales and Market Growth 2016-2021
24.3 Egypt Precision Parts Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Precision Parts Value and Market Growth 2016-2021
25.2 UAE Precision Parts Sales and Market Growth 2016-2021
25.3 UAE Precision Parts Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Precision Parts Value and Market Growth 2016-2021
26.2 Saudi Arabia Precision Parts Sales and Market Growth 2016-2021
26.3 Saudi Arabia Precision Parts Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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