Global Precision Manufacturing Service Market Growth (Status and Outlook) 2025-2031

The global Precision Manufacturing Service market size is predicted to grow from US$ 5312 million in 2025 to US$ 7455 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

Precision Manufacturing Service integrates near-net-shape forming and near-defect-free forming technologies, ultra-precision machining technologies and ultra-high-speed machining technologies. These technologies work together to control the allowance after the blank is formed, improve machining accuracy and optimize surface quality.

United States market for Precision Manufacturing Service 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 Manufacturing Service 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 Manufacturing Service 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 Manufacturing Service players cover Advanced Plating Technologies, AT-Machining, Inodus, Kemet International, LEADRP, 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 Manufacturing Service Industry Forecast” looks at past sales and reviews total world Precision Manufacturing Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Precision Manufacturing Service sales for 2025 through 2031. With Precision Manufacturing Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precision Manufacturing Service industry.

This Insight Report provides a comprehensive analysis of the global Precision Manufacturing Service 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 Manufacturing Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precision Manufacturing Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precision Manufacturing Service 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 Manufacturing Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Precision Manufacturing Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
CNC Machining
Sheet Metal Processing
3D Printing
Special Process Processing
Others

Segmentation by Application:
Automobile Manufacturing
Mold Manufacturing
Machinery Manufacturing
Aerospace Parts Manufacturing
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.
Advanced Plating Technologies
AT-Machining
Inodus
Kemet International
LEADRP
MAYA Prototype
Protolabs Network
RapidDirect
RENA Technologies
ROSE Systemtechnik GmbH
Shine Precision Engineering
Star Rapid
SuNPe
Tuofa CNC
Wenext
Xometry

Please note: The report will take approximately 2 business days to prepare and deliver.