Companies Dominating the Precision Parts Market
- Sigma Components Holdings Ltd
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Beyonics Pte Ltd
- Tessa Precision Products, Inc.
- Barnes
- NN, Inc.
- Linamar Corporation
- Renishaw plc.
- Digitaleo
- Precision Castparts Corp.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of precision parts is estimated at USD 223.18 billion.
The precision parts market size was over USD 182.58 billion in 2024 and is anticipated to cross USD 915.08 billion by 2037, witnessing more than 13.2% CAGR during the forecast period i.e., between 2025-2037. Increased innovations in the healthcare and medical device manufacturing sector, rapid digitization, and increasing demand for commercial and defense aircraft will propel the market growth.
Europe industry is set to hold largest revenue share of 38% by 2037, propelled by increasing technological innovation in medicine and healthcare manufacturing in the region.
The major players in the market are Sigma Components Holdings Ltd, Beyonics Pte Ltd, Tessa Precision Products, Inc., Barnes, NN, Inc., Linamar Corporation, Renishawplc., Digitaleo, Precision Castparts Corp.
