Market Overview:
The global diamond turning machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for diamond turning machines from various end-use industries, such as automotive, optical, medical and biotechnology, mechanical, electronics and aerospace & defense. In addition, the growing demand for miniaturized products is also fueling the growth of this market. However, factors such as high initial cost and lack of skilled labor are restraining the growth of this market. On the basis of type, 10 nm Ra segment is expected to hold a major share in terms of revenue in 2018 and is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This can be attributed to its ability to produce superior surface finish with low roughness values (Ra). On account on application wise; automotive segment accounted for majority share in 2017 and it will continue its dominance throughout forecast period owing rising adoption rate across different regions globally coupled with technological advancements taking place within this industry vertical specifically .
Product Definition:
A machine tool used to produce precise cylindrical or conical shapes on the surface of a workpiece by rotating it against a sharp cutting tool (a diamond). Diamond turning machines are important because they can create very smooth surfaces with fine details.
10 nm Ra:
10 nm Ra is the new term in the industry, it's short for 10-nanometer roughness average. It was initially used to define a very small particle size for diamond turning machines. The smaller the particle size, the better will be cutting performance and surface finish of end products. However, as technology evolved and improved over time; it has been found that this number can have an impact on other aspects too apart from just performance aspect of turnings.
5 nm Ra:
5 nm Ra is the highest resolution that can be achieved with a diamond turning machine. It is used to produce high precision cuts in materials such as metals, glass and stones. The higher the number, the smaller or thinner will be the cut produced by a machine. 5 nm Ra produces cuts up to 0.1 mm thick which makes it ideal for producing micro-machined parts for semiconductors and flat panel displays (FPD).
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The growth can be attributed to increasing demand from passenger cars and light commercial vehicles. Diamond tools are used to manufacture rotary blades, linear actuators, camshafts, gearboxes and valves as well as various other components such as air intake manifolds and fuel caps.
The mechanical engineering sector is expected to witness significant growth over the forecast period owing to rising applications in industrial machinery manufacturing. Rapid urbanization coupled with increasing global population is likely to augment the demand for construction equipment such as loaders, excavators etc., which will further propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as electronics, medical, mechanical, aerospace & defense and others. China is one of the major countries that contribute towards regional growth owing to presence of numerous manufacturers coupled with low labor cost in comparison to other regions.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to rising investments by foreign players for setting up their manufacturing facilities in this region due high availability low-cost raw materials and labor force. For instance, In January 2018 Al Waha Dental Equipment Company SAE (Al Waha) announced about opening a new production facility for dental equipment at Jeddah Saudi Arabia which will employ around 400 people during its peak production time.
Growth Factors:
- Increasing demand for diamond turning machines from the automotive and aerospace industries due to the growing need for precision machining.
- Rising demand for diamond turning machines from the medical device industry as they are used in the manufacture of surgical instruments, implants, and prosthetics.
- Growing popularity of nanotechnology and its applications in various industries is expected to boost the demand for diamond turning machines over the forecast period.
- Increasing research and development activities in semiconductor and optical fiber industries is projected to fuel growth of the global diamond turning machines market during 2016-2024
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Turning Machines Market Research Report
By Type
10 nm Ra, 5 nm Ra
By Application
Automotive, Optical, Medical and Biotechnology, Mechanical, Electronics, Aerospace & Defense, Others
By Companies
Edmund Optics, Moore Nanotechnology Systems, Nanophorm, Innolite, AMETEK, Syntec Optics, Schneider Optical Machines, Greenlight Optics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Turning Machines Market Report Segments:
The global Diamond Turning Machines market is segmented on the basis of:
Types
10 nm Ra, 5 nm Ra
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Optical, Medical and Biotechnology, Mechanical, Electronics, Aerospace & Defense, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Edmund Optics
- Moore Nanotechnology Systems
- Nanophorm
- Innolite
- AMETEK
- Syntec Optics
- Schneider Optical Machines
- Greenlight Optics
Highlights of The Diamond Turning Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 10 nm Ra
- 5 nm Ra
- By Application:
- Automotive
- Optical
- Medical and Biotechnology
- Mechanical
- Electronics
- Aerospace & Defense
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diamond Turning Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diamond Turning Machines are used in the jewelry industry to turn diamonds into gemstones.
Some of the key players operating in the diamond turning machines market are Edmund Optics, Moore Nanotechnology Systems, Nanophorm, Innolite, AMETEK, Syntec Optics, Schneider Optical Machines, Greenlight Optics.
The diamond turning machines market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond Turning Machines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diamond Turning Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diamond Turning Machines Market - Supply Chain
4.5. Global Diamond Turning Machines Market Forecast
4.5.1. Diamond Turning Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Turning Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Turning Machines Market Absolute $ Opportunity
5. Global Diamond Turning Machines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diamond Turning Machines Market Size and Volume Forecast by Type
5.3.1. 10 nm Ra
5.3.2. 5 nm Ra
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond Turning Machines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diamond Turning Machines Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Optical
6.3.3. Medical and Biotechnology
6.3.4. Mechanical
6.3.5. Electronics
6.3.6. Aerospace & Defense
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond Turning Machines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diamond Turning Machines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diamond Turning Machines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diamond Turning Machines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diamond Turning Machines Demand Share Forecast, 2019-2026
9. North America Diamond Turning Machines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diamond Turning Machines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diamond Turning Machines Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Optical
9.4.3. Medical and Biotechnology
9.4.4. Mechanical
9.4.5. Electronics
9.4.6. Aerospace & Defense
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Turning Machines Market Size and Volume Forecast by Type
9.7.1. 10 nm Ra
9.7.2. 5 nm Ra
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diamond Turning Machines Demand Share Forecast, 2019-2026
10. Latin America Diamond Turning Machines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diamond Turning Machines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diamond Turning Machines Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Optical
10.4.3. Medical and Biotechnology
10.4.4. Mechanical
10.4.5. Electronics
10.4.6. Aerospace & Defense
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Turning Machines Market Size and Volume Forecast by Type
10.7.1. 10 nm Ra
10.7.2. 5 nm Ra
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diamond Turning Machines Demand Share Forecast, 2019-2026
11. Europe Diamond Turning Machines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diamond Turning Machines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diamond Turning Machines Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Optical
11.4.3. Medical and Biotechnology
11.4.4. Mechanical
11.4.5. Electronics
11.4.6. Aerospace & Defense
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Turning Machines Market Size and Volume Forecast by Type
11.7.1. 10 nm Ra
11.7.2. 5 nm Ra
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diamond Turning Machines Demand Share, 2019-2026
12. Asia Pacific Diamond Turning Machines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diamond Turning Machines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diamond Turning Machines Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Optical
12.4.3. Medical and Biotechnology
12.4.4. Mechanical
12.4.5. Electronics
12.4.6. Aerospace & Defense
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Turning Machines Market Size and Volume Forecast by Type
12.7.1. 10 nm Ra
12.7.2. 5 nm Ra
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diamond Turning Machines Demand Share, 2019-2026
13. Middle East & Africa Diamond Turning Machines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diamond Turning Machines Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diamond Turning Machines Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Optical
13.4.3. Medical and Biotechnology
13.4.4. Mechanical
13.4.5. Electronics
13.4.6. Aerospace & Defense
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diamond Turning Machines Market Size and Volume Forecast by Type
13.7.1. 10 nm Ra
13.7.2. 5 nm Ra
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diamond Turning Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Turning Machines Market: Market Share Analysis
14.2. Diamond Turning Machines Distributors and Customers
14.3. Diamond Turning Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Edmund Optics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Moore Nanotechnology Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nanophorm
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Innolite
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AMETEK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Syntec Optics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schneider Optical Machines
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Greenlight Optics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
