Micromachining market to thrive on increasing trend of miniaturization in end-use industries

Micromachining is an advanced fabrication technologies used to develop tools for microengineering applications. Lasers are commonly applied to attain the unprecedented precision and submicron accuracy required for end-use industries such as electronics and semiconductor, defense, aerospace, and automotive industries. The increasing trend of miniaturization in the components and growing demand for machines with complex geometries in these industries to meet end-user demand is a key trend in the micromachining market.

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Microelectromechanical systems present a huge opportunity

Advances in laser micromachining processes have paved way to new avenues for end-use industries. A case in point is the semiconductor industry which has seen a key accelerator for innovations in consumer gadgets. In addition, the defense industry is seeing manufacturers pinning high hopes on laser micromachined structures to achieve high-end functionality. Demand for microelectromechanical systems with high accuracy in various industrial and commercial machinery has spurred interest in micromachining fabrication in recent years. In this regard, monolithic integration is a key trend in the micromachining market. Additionally, SOI-wafer-based surface micromachining technology have gathered traction in the market. Strides made in manufacturing of these systems have come from progress made in colloidal engineering.

Past and ongoing studies on surface chemistries and chemical compatibility of these surfaces have expanded the scope of new product demand in the micromachining market. Vendors and manufacturers in end-use industries have been wary of performance versus cost ratio to achieve the desired functionality cost-effectively. Growing need for high-resolution patterning for automotive electronics has led manufacturers test new techniques in fabricating micromachined materials, opening new avenues in the overall micromachining market. Advent of new materials, such as piezoelectric ceramic materials, has expanded the avenue in the market.

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Some of the key players in the micromachining market are Electro Scientific Industries, Inc., IPG Photonics Corporation, Han’s Laser Technology Industry Group Co., Coherent, Inc., Mitsubishi Heavy Industries, Ltd, and Makino Milling Machine Co., Ltd.