With a market size projected to reach $71 billion by 2026, high-precision parts enable a wide range of industries to adhere to safety and quality standards while meeting demand and maintaining a competitive edge. With precision parts manufacturing, you can produce versatile parts that meet precise specifications and enjoy multiple benefits.
Choosing a precision parts manufacturer as a partner and integrating it into your workflow can result in a smooth transition that gives you significant benefits.
Top 10 Benefits of Using Precision Parts Manufacturing
Precision manufacturing is the ideal way to save time, money, and materials when you‘re looking to increase throughput and automation capabilities. Learn about the benefits of using precision parts manufacturing for your operations.
1. Higher Accuracy and Tighter Tolerances
Precision CNC machining centres and similar tools ensure tight tolerances. Once precise specifications are entered, the automated machining process takes over, ensuring that the chances of error are reduced, especially when compared to manual machining. Demand for complex precision industrial parts is expected to remain strong, and even small deviations from tolerances can lead to significant production problems for the end customer and increased costs for the manufacturer.
Precision manufacturing techniques can reduce waste, lower labour costs, and produce highly accurate parts while maintaining quality and saving time, enabling you to mass produce complex parts at a reasonable price.
2. Improve efficiency and speed up production cycles
Machining tools provide precise solutions that are far faster than manual production. Another common advantage of choosing machine-made precision parts is the reduction of critical errors. While you may have experienced employees operating manual workstations, the risk of error is greater due to the low level of automation. CNC machining tools and other precision part manufacturing equipment provide more error-free results and are faster.
Contemporary precision manufacturers produce automated precision machines with incredibly advanced engineering capabilities. With precision manufacturing, jobs that may take workers months to complete can be completed in just a few weeks. Overall, production delays are reduced and time-to-market is shortened, so you can meet demand with confidence.
3. Reduced Material Waste
Producing precision parts means unavoidable material waste. The process of manufacturing a part is one of continually removing and subtracting pieces of material until only the finished product remains. CNC precision machining minimises the expense of materials caused by occasional human error by maximising the use of materials and reducing waste.
If you choose the right precision parts manufacturer, you can save money on volume orders because materials are used conservatively.
4. Cost-effective parts manufacturing
One of the main benefits of choosing to outsource your precision parts manufacturing is that you don‘t have to invest in specialised machinery and tooling. Instead, your chosen manufacturer should be well-equipped to handle your orders. This saves you time and money to focus on developing new products and improving existing ones.
Precision parts manufacturing is cost-effective because it allows you to produce parts efficiently, with less manual labour and to meet precise specifications quickly. It saves financial investments related to man-hours, total materials and energy. With fewer errors and less wasted production time, you receive parts faster and don‘t have to stock additional parts due to potential defects and inaccuracies.
5. Increase Safety and Reduce Human Error
Safety and the reduction of human error are other significant benefits that you and your employees can reap. There are 18,000 workplace accidents per year among those who operate and maintain machinery. You can replace human labour with CNC machines to manufacture precision parts to ensure the safest possible process.
Switching to CNC machines and other machinery may reduce the chances of accidents and injuries in the workplace. Workers who operate machines that manufacture precision parts often work behind guards and transparent safety doors. In addition to reducing the risk of personal injury, precision machining can minimise staffing requirements or reallocate human resources. At the same time, CNC machines can handle the repetitive tasks of producing precision parts.
6. Quality parts
Automated precision manufacturing facilitates improved quality control of handmade products, partly due to the rise of Industry 4.0 and technological advancements, which is expected to be a major growth factor for the precision parts market from 2019 to 2025. Industries use computer-controlled machines such as CNC machining centres to achieve higher precision as compared to traditional casting or hand-made manufacturing methods.
This method of manufacturing reduces the potential for product defects and increases the opportunities for cost savings due to precise measurements and accurate part fit, which reduces returns and repairs.
7. Versatile and fully customisable
The ideal precision parts manufacturer can make virtually any type of part you need to exact specifications in their production facility. Manufacturers can make parts for different purposes from a wide range of materials. The ideal manufacturer can acquire and manufacture these parts with micron-level precision through the required processes. Make sure the precision parts manufacturing company you find has the equipment and expertise to make the parts you need.
With precision parts manufacturing, you have the freedom and flexibility to design custom parts (including prototypes) and efficiently produce them to your exact needs using advanced tools such as CNC centres, 3D printers and laser cutters.
8. Suitable for a wide range of materials
In addition to a range of machining methods, another benefit of using precision parts is the ability to machine virtually any material. Whether it‘s metal or plastic, precision machining equipment can handle it with ease. You can talk to the manufacturer, submit your design, and then decide on your machining process and materials, such as these and many others:
Alloys
Aluminium
Brass
Polyetheretherketone (Peek)
Polyacetal (POM)
Steel
Stainless Steel
Titanium
Regardless of the industry, a technically proficient manufacturer can meet your material specifications to ensure the quality of your product. Due to the versatility of precision machining, it is suitable for a wide range of precision part end users and industries with different requirements and challenges, including:
Aerospace
Automotive
Commercial
Defence
Electronics
Energy
Marine
Medical
9. Easy Prototyping and Part Testing
Precision machining is a viable and smart way to explore new market opportunities and design potential modifications and upgrades with minimal risk. By simply modifying the inputs to a CNC or similar machine, the equipment can produce new or modified designs in the shortest possible time. As a result, you can quickly develop prototypes that meet specifications and test their viability before scaling up production.
What‘s more, Precision Parts Manufacturing can help you create fully functional prototypes to demonstrate product performance. After getting feedback, you can easily modify the design and retest the modified prototype parts without the expense of moulds or castings.
10. Mass Production and Repeatability
Two other major benefits of using CNC machines and other machinery to manufacture precision parts is that it is a reliable and efficient way to mass produce high quality parts. Complex parts that meet standards and specifications can be produced quickly and accurately using precision automated machinery. With increased scalability and repeatability, you will gain an advantage in today‘s competitive marketplace.
