
Global Precision Turning Parts Market Growth (Status and Outlook) 2025-2031
Description
The global Precision Turning Parts market size is predicted to grow from US$ 3331 million in 2025 to US$ 4859 million in 2031; it is expected to grow at a CAGR of 6.5% from 2025 to 2031.
Precision turning parts are metal turning parts made by lathes and other mechanical equipment through micro- and high-speed cutting, with the characteristics of high precision and small size. It is usually used in hardware processing categories with high tolerance requirements, such as electronics, watches, aviation and other industries, and is an indispensable precision component in these fields.
United States market for Precision Turning Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Precision Turning Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Precision Turning Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Precision Turning Parts players cover Sabner, Mpthitech, Groov-Pin, Precision Turned Parts, M&M Turned Parts, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information)' newest research report, the “Precision Turning Parts Industry Forecast” looks at past sales and reviews total world Precision Turning Parts sales in 2024, providing a comprehensive analysis by region and market sector of projected Precision Turning Parts sales for 2025 through 2031. With Precision Turning Parts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precision Turning Parts industry.
This Insight Report provides a comprehensive analysis of the global Precision Turning Parts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Precision Turning Parts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precision Turning Parts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precision Turning Parts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Precision Turning Parts.
This report presents a comprehensive overview, market shares, and growth opportunities of Precision Turning Parts market by product type, application, key players and key regions and countries.
Segmentation by Type:
Metals
Plastics
Composites
Segmentation by Application:
Mechanical Manufacturing
Automobile Manufacturing
Aerospace
Medical Field
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sabner
Mpthitech
Groov-Pin
Precision Turned Parts
M&M Turned Parts
Griner Engineering
Davturn
A&B Torneria
Elder Engineering
Sonderschrauben Guldner
BTL Precision
Herve Engineering
Sheldon Precision
APT Leicester
Geissel GmbH
Tenable
Forster Tool & Manufacturing
Orange1 Holding
Please note: The report will take approximately 2 business days to prepare and deliver.
Precision turning parts are metal turning parts made by lathes and other mechanical equipment through micro- and high-speed cutting, with the characteristics of high precision and small size. It is usually used in hardware processing categories with high tolerance requirements, such as electronics, watches, aviation and other industries, and is an indispensable precision component in these fields.
United States market for Precision Turning Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Precision Turning Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Precision Turning Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Precision Turning Parts players cover Sabner, Mpthitech, Groov-Pin, Precision Turned Parts, M&M Turned Parts, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information)' newest research report, the “Precision Turning Parts Industry Forecast” looks at past sales and reviews total world Precision Turning Parts sales in 2024, providing a comprehensive analysis by region and market sector of projected Precision Turning Parts sales for 2025 through 2031. With Precision Turning Parts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precision Turning Parts industry.
This Insight Report provides a comprehensive analysis of the global Precision Turning Parts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Precision Turning Parts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precision Turning Parts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precision Turning Parts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Precision Turning Parts.
This report presents a comprehensive overview, market shares, and growth opportunities of Precision Turning Parts market by product type, application, key players and key regions and countries.
Segmentation by Type:
Metals
Plastics
Composites
Segmentation by Application:
Mechanical Manufacturing
Automobile Manufacturing
Aerospace
Medical Field
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sabner
Mpthitech
Groov-Pin
Precision Turned Parts
M&M Turned Parts
Griner Engineering
Davturn
A&B Torneria
Elder Engineering
Sonderschrauben Guldner
BTL Precision
Herve Engineering
Sheldon Precision
APT Leicester
Geissel GmbH
Tenable
Forster Tool & Manufacturing
Orange1 Holding
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
133 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Precision Turning Parts Market Size by Player
- 4 Precision Turning Parts by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global Precision Turning Parts Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
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