Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 420
Countries covered: 18
Pages: 134
Download Free PDF

Micro-Manufacturing Equipment Market
Get a free sample of this reportGet a free sample of this report Micro-Manufacturing Equipment Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Micro-Manufacturing Equipment Market Size
The micro-manufacturing equipment market was estimated at USD 27.7 billion in 2024 and is projected to grow at a CAGR of 5.9% between 2025 and 2034.
The micro-manufacturing equipment market is witnessing strong growth due to advancements in miniaturization as well as the demand for precision parts in multiple industries. Along with the other applications of the micro-manufacturing market, the medical, electronics, and automotive industries provide the largest opportunities for micro scale miniature parts.
For instance, the market for micro injection molding machines is booming to serve the medical technology and consumer electronics markets which require extremely accurate and complex components. There is also growth in the market for laser micromachining equipment for precision cutting of integrated circuits and other electronic components because of the sharp increase in the demand for precision manufactured parts with complex geometries. Overall, the micro-manufacturing equipment market is set to grow significantly due to the continued development of new technologies and the increased requirement for finely manufactured parts in numerous industries.
One of the main barriers witnessed by the micro-manufacturing equipment market is the high investment cost of purchasing micro-manufacturing equipment. These challenges stem from the complexity of the technologies dented to work at small scales and sophisticated with a high degree of precision. The prices of micro-manufacturing equipment like micro-CNC machines and laser micromachining systems, as well as micro injection molding machines, precision metrology tools frequently fall into thousands of dollars, or millions per unit.
These prices encompass more than just the physical parts; they also cover software, facility clean room or vibration isolation upgrades, and installation, calibration, and servicing. These expenditures are especially difficult for startup small to medium enterprises to bear without supplementary funding or governmental support. In addition, the investment returns, especially for initially low production volumes, or for technology that involves a lengthy training process, tend to extend over a long time. Other factors a company considers include recurring expenditures on equipment maintenance, replacement tool aging, skillful operator training, and validating part quality which heavily influence the overall cost of ownership.
Micro-Manufacturing Equipment Market Trends
Trump Administration Tariffs
Micro-Manufacturing Equipment Market Analysis
Based on type, the micro-manufacturing equipment market is segmented into micro injection molding, micro-cutting, micromachining, additive manufacturing and others. Micro injection molding held the major market share in 2024, generating a revenue of USD 6 billion.
Based on the process type, the micro-manufacturing equipment market is segmented into additive, subtractive and others. The subtractive segment dominated the market in 2024, accounting for 42.4% market share in the market.
Asia Pacific emerged as the dominant region, generating a substantial revenue of USD 9.3 billion, accounting for more than 33% market share in 2024.
Micro-Manufacturing Equipment Market Shares
Micro-Manufacturing Equipment Market Companies
Major players operating in the micro-manufacturing equipment industry are:
ASML is known as a leading lithography systems supplier because its ultraviolet (EUV) lithography machines are crucial in the production of advanced microchips. ASML’s spending in R&D further boosts its lead in the photolithography industry. The company is focused on developing the accuracy and clarity of the components into the semiconductor manufacturing process so that they can continue to be central to the industry’s evolution. EUV technology assists in obtaining smaller and stronger semiconductor systems, thus enabling the essential tendency of micro miniaturization in microelectronics.
As a prominent manufacturer of micro-manufacturing machinery, Sumitomo (SHI) Demag also made its mark in the global market through the high precision micro injection molding machines they design and produce. Their ultraprecision micro injection molding systems are designed to deliver unparalleled accuracy and reliability. These machines are capable of accurately controlling the injection of highly viscous fluids in minute amounts, creating micro components contributing to the growing demands of the electronic and medical devices industries.
Micro-Manufacturing Equipment Industry News
The micro-manufacturing equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) (Thousand Units) from 2021 to 2034, for the following segments:
Click here to Buy Section of this Report
Market, By Type
Market, By Process Type
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries: