Market Overview:
The global ultra-precision diamond turning machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ultra-precision 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 miniaturization of 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, the global ultra-precision diamond turning machine market can be segmented into 10 nm Ra and 5 nm Ra segments. The 10 nm Ra segment is expected to account for a larger share in terms of revenue in 2018 owing to its superior accuracy compared to other types available in the market. On the basis of application,the global ultra-precision diamond turning machinemarket can be divided into automotive; optical; medical and biotechnology; mechanical; electronics; aerospace & defense;and others segments.
Product Definition:
A machine tool that uses a diamond-coated cutting tool to shape or finish a workpiece with ultra-precision. These machines are used in the manufacture of optical lenses, medical implants, and other high-precision parts.
10 nm Ra:
10 nm Ra is the new term in ultra-precision diamond turning machine industry. It's a kind of rare earth metal with symbol Rb and atomic number 73. The 10 nm Ra has better cutting ability than 20 nm but less than 100 nm diamond, which makes it suitable for precision applications such as turbine blades, engine parts and others.
5 nm Ra:
5 nm Ra is the International System of Units (ISOT) for the resolution of ultra-precision diamond turning machine. It is a unit used to measure the angle in degrees that can cut a diamond with minimum defects. The higher the number, more precise and accurate will be cutting operation.
Radius of Curvature (RC) and Centerline Slice Density (CLSD).
Application Insights:
The global ultra-precision diamond turning machine market has been segmented on the basis of application into automotive, mechanical engineering, medical and biotechnology, optical engineering, electronics and other. The automotive sector accounted for a major share in 2017 owing to increasing demand for high precision components. The mechanical engineering segment is expected to witness significant growth over the forecast period due to rising demand from various industries such as aerospace and defense.
Ultra-precision machines are widely used in medical applications as they offer higher accuracy than conventional machinery at a lower cost while providing better control over microstructural details during manufacturing process of surgical instruments & devices such as endoscopes; orthopedic implants; crutches; wheelchairs etc. Diamond tools are also being increasingly used across multiple manufacturing sectors including electronics where their properties including low maintenance requirements along with excellent cutting edge durability make them an ideal fit.
Regional Analysis:
North America accounted for the largest market share in 2017 owing to the presence of a large number of U.S.-based companies engaged in R&D activities related to ultra-precision tools. The region is expected to maintain its dominance over the forecast period, with Europe coming second and Asia Pacific third.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing investments by prominent players for expanding their manufacturing facilities and research & development centers in this region, thereby boosting product demand across industries including automotive, aerospace & defense, electronics among others. Growing medical tourism due to improving healthcare infrastructure and affordable treatment options are also expected drive regional product demand during the forecast period.
Growth Factors:
- Increasing demand for ultra-precision diamond turning machines from the automotive and aerospace industries due to the need for high precision and accuracy in parts manufacturing.
- Growing demand for medical implants and prosthetics that require ultra-precision diamond turning machines for their manufacture.
- Rapid growth of the semiconductor industry, which is leading to increased demand for ultra-precision diamond turning machines used in microchip fabrication.
- Rising popularity of 3D printing technology, which is increasing the need for ultra-precision diamond turning machines to produce complex 3D shapes with high accuracy and precision.
- Technological advancements that are resulting in more sophisticated and advanced ultra-precision diamond turning machines, making them more versatile and efficient than ever before
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra-precision Diamond Turning Machine 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
AMETEK, Schneider Optical Machines, Greenlight Optics, Syntec Optics, Edmund Optics, Moore Nanotechnology Systems, Nanophorm, Innolite
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Ultra-precision Diamond Turning Machine Market Report Segments:
The global Ultra-precision Diamond Turning Machine 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:
- AMETEK
- Schneider Optical Machines
- Greenlight Optics
- Syntec Optics
- Edmund Optics
- Moore Nanotechnology Systems
- Nanophorm
- Innolite
Highlights of The Ultra-precision Diamond Turning Machine 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 Ultra-precision Diamond Turning Machine 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?
Ultra-precision diamond turning machines are used to turn ultra-fine diamonds into gemstones. These machines use lasers and other precision tools to create intricate details in the diamond's surface.
Some of the major companies in the ultra-precision diamond turning machine market are AMETEK, Schneider Optical Machines, Greenlight Optics, Syntec Optics, Edmund Optics, Moore Nanotechnology Systems, Nanophorm, Innolite.
The ultra-precision diamond turning machine market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultra-precision Diamond Turning Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ultra-precision Diamond Turning Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra-precision Diamond Turning Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ultra-precision Diamond Turning Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ultra-precision Diamond Turning Machine Market Size & Forecast, 2020-2028
4.5.1 Ultra-precision Diamond Turning Machine Market Size and Y-o-Y Growth
4.5.2 Ultra-precision Diamond Turning Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 10 nm Ra
5.2.2 5 nm Ra
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Optical
6.2.3 Medical and Biotechnology
6.2.4 Mechanical
6.2.5 Electronics
6.2.6 Aerospace & Defense
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra-precision Diamond Turning Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ultra-precision Diamond Turning Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 10 nm Ra
9.6.2 5 nm Ra
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Optical
9.10.3 Medical and Biotechnology
9.10.4 Mechanical
9.10.5 Electronics
9.10.6 Aerospace & Defense
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 10 nm Ra
10.6.2 5 nm Ra
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Optical
10.10.3 Medical and Biotechnology
10.10.4 Mechanical
10.10.5 Electronics
10.10.6 Aerospace & Defense
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 10 nm Ra
11.6.2 5 nm Ra
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Optical
11.10.3 Medical and Biotechnology
11.10.4 Mechanical
11.10.5 Electronics
11.10.6 Aerospace & Defense
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 10 nm Ra
12.6.2 5 nm Ra
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Optical
12.10.3 Medical and Biotechnology
12.10.4 Mechanical
12.10.5 Electronics
12.10.6 Aerospace & Defense
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 10 nm Ra
13.6.2 5 nm Ra
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Optical
13.10.3 Medical and Biotechnology
13.10.4 Mechanical
13.10.5 Electronics
13.10.6 Aerospace & Defense
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ultra-precision Diamond Turning Machine Market: Competitive Dashboard
14.2 Global Ultra-precision Diamond Turning Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMETEK
14.3.2 Schneider Optical Machines
14.3.3 Greenlight Optics
14.3.4 Syntec Optics
14.3.5 Edmund Optics
14.3.6 Moore Nanotechnology Systems
14.3.7 Nanophorm
14.3.8 Innolite
