The global micromachining market was valued at US$ 2.86 Bn in 2018 and is expected to grow at a CAGR of 7.6% during 2019-2027, to account for US$ 5.48 Bn by 2027
The global micromachining market was valued at US$ 2.86 Bn in 2018 and is expected to grow at a CAGR of 7.6% during 2019-2027, to account for US$ 5.48 Bn by 2027.
- The global micromachining market was valued at US$ 2.86 Bn in 2018 and is expected to grow at a CAGR of 7.6% during 2019-2027, to account for US$ 5.48 Bn by 2027.
- Various raw materials can be machined with the use of different micromachining techniques, including metals, polymers, alloys, ceramics, and glass.
- The market in APAC is also anticipated to grow at the highest CAGR of 8.5% from 2019 to 2027.
- North America and Europe stood second and third in the global micromachining market in 2018 respectively.