Global Diamond Processing Machinery Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Diamond Processing Machinery Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Diamond processing machinery refers to the mechanical equipment used in the process of processing diamonds, including cutting machines and polishing and grinding machines. The diamond industry chain is mainly divided into upstream, midstream and downstream. The upstream link mainly includes the mining, processing and classification of rough diamonds, and then the processed rough diamonds are traded with midstream producers. Midstream diamond processing refers to the cutting and polishing of rough stones to produce loose diamonds and sell them to downstream jewelry manufacturers. Downstream refers to the manufacture of jewelry and the sale of polished diamonds.

Market Overview:

The latest research study on the global Diamond Processing Machinery market finds that the global Diamond Processing Machinery market reached a value of USD 305.58 million in 2023. It’s expected that the market will achieve USD 410.04 million by 2029, exhibiting a CAGR of 5.02% during the forecast period.

Natural diamonds are a non-renewable resource, and their storage in nature is very limited. Due to the high cost of upstream raw materials, natural diamonds, and whether they are natural diamonds or lab-grown diamonds, a considerable part of them need to be sent to India for processing, and then priced at a high price. Sell ​​back, so the pricing power of diamonds is basically in the hands of Indian processors. At the same time, the Indian diamond processing industry has a history of more than 70 years. The diamond processing industry mainly relies on experienced personnel for cutting and grinding operations, and labor costs are relatively high. India currently has an obvious demographic dividend and abundant cheap labor, so it is basically unlikely to be surpassed by countries such as Russia and China.

Due to the difficulty and high cost of mining natural diamonds, industrial diamonds are often artificially synthesized through high temperature and high pressure methods and chemical vapor deposition methods. High-temperature and high-pressure process (HPHT), China contributes major production capacity. The small-grained diamonds produced are mostly used as abrasive consumables and have a wide range of downstream applications. Most of them are used in stone and building material processing. Their uses also include the mechanical and electrical industry, geological drilling, aerospace, military industry and national defense, medical testing and treatment, electronic appliances, and high-end products. Equipment manufacturing and other fields. Chemical vapor deposition (CVD), an emerging market mainly in North America: can produce flaky large-area diamond, which can be used as a new generation of semiconductor materials. Because the two methods have certain process difficulties and patent protection, it is difficult to expand production in the short term, making it difficult for processors to purchase raw materials and limiting the development of the industry.

Region Overview:

From 2023-2028, Asia-Pacific is estimated to witness robust growth prospects.
In 2022, the share of the Diamond Processing Machinery market in Asia-Pacific stood at 91.99%.

Company Overview:

Sarine Technologies Ltd is a listed company on the Singapore Exchange. Headquartered in Hodhasharon, Israel, it has a large network of subsidiaries, distributors, service centers and technical laboratories around the world. Sarine is leading the next technological evolution with the Sarine Technology Lab, the first automated artificial intelligence-based diamond grading lab. Sarine Laboratories redefines the retail and consumer experience by delivering the world's most accurate and reliable diamond grading information in an interactive digital display. In one generation, Sarine has developed and delivered breakthrough technologies across the entire diamond pipeline. Sarine products are world-renowned, trusted and used by leading producers, the key to polishers' success, and can be found in wholesaler offices, all major gem laboratories and retail jewelry stores worldwide.

SLTL Group

Sahajanand Laser Technology Ltd wants to bring next door technology to every small and large industry. Making solutions available to a wide range of industries by making them more cost-effective, accurate and future-proof. As a market and technology leader in laser cutting and engraving machines dedicated to manufacturing and diamond processing solutions, SLTL Group's innovations play a vital role in almost all areas, from software to high-tech electronics for smart factories . is one of the few manufacturers in the world that offers custom computer numerical control (CNC) laser solutions.

Sarine is one of the major players operating in the Diamond Processing Machinery market, holding a share of 19.53% in 2023.

Segmentation Overview:

The Cutting machine segment by type showed a value growth of 0.04% in 2022.
By type, Cutting machine segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Industrial diamond, with a market share of 91.86% in 2022.

Key Companies in the global Diamond Processing Machinery market covered in Chapter 3:

Sai Impex
STPL Company
SLTL Group
OGI Systems Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Diamond Processing Machinery market from 2019 to 2030 is primarily split into:

Cutting Machine
Polishing grinder

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Diamond Processing Machinery market from 2019 to 2030 covers:

Jewelry diamond
Industrial diamond

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Chapter 1 Market Definition and Statistical Scope
Chapter 2 Research Findings and Conclusion
Chapter 3 Key Companies’ Profile
Chapter 4 Global Diamond Processing Machinery Market Segmented by Type
Chapter 5 Global Diamond Processing Machinery Market Segmented by Downstream Industry
Chapter 6 Diamond Processing Machinery Industry Chain Analysis
Chapter 7 The Development and Dynamics of Diamond Processing Machinery Market
Chapter 8 Global Diamond Processing Machinery Market Segmented by Geography
Chapter 9 North America
Chapter 10 Europe
Chapter 11 Asia Pacific
Chapter 12 Latin America
Chapter 13 Middle East & Africa
Chapter 14 Global Diamond Processing Machinery Market Forecast by Geography, Type, and Downstream Industry 2024-2030
Chapter 15 Appendix

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