Report overview
Precision electro-chemical machining (PECM), the most advanced form of it today, uses the principle of electrolysis to remove material from a workpiece at the ionic level. This allows us to shape hardened metal in complex shapes in high volume with consistent results. With PECM, intricate designs become reality.
This report contains market size and forecasts of Precision Electrochemical Machining Technology in Global, including the following market information:
Global Precision Electrochemical Machining Technology Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Precision Electrochemical Machining Technology market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Polished Surfaces Tolerances 2 ?m Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Precision Electrochemical Machining Technology include ECM Technologies, EMAG, MICRO, Hobson & Motzer, Extrude Hone and PEMTec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Precision Electrochemical Machining Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Precision Electrochemical Machining Technology Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Precision Electrochemical Machining Technology Market Segment Percentages, by Type, 2021 (%)
Polished Surfaces Tolerances 2 ?m
Polished Surfaces Tolerances 3 ?m
Polished Surfaces Tolerances 4 ?m
Others
Global Precision Electrochemical Machining Technology Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Precision Electrochemical Machining Technology Market Segment Percentages, by Application, 2021 (%)
Medical
Automotive
Aerospace
Global Precision Electrochemical Machining Technology Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Precision Electrochemical Machining Technology Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Precision Electrochemical Machining Technology revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Precision Electrochemical Machining Technology revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ECM Technologies
EMAG
MICRO
Hobson & Motzer
Extrude Hone
PEMTec