Micromachining Market Size to Hit US$ 5.63 Billion by 2032, Due to Advancements in Miniaturization & High-Precision Manufacturing | Research by S&S Insider [Yahoo! Finance]
Lumentum Holdings Inc. (LITE)
Last lumentum holdings inc. earnings: 2/4 07:30 am
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Source: Yahoo! Finance
Austin, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Micromachining Market Size Analysis: “According to S&S Insider Research, The Micromachining Market size was valued at US$ 3.17 billion in 2023 and is now anticipated to grow to US$ 5.63 billion by 2032, displaying a compound annual growth rate (CAGR) of 6.59% during the forecast period 2024-2032.” Advancements in Micromachining: Enabling Precision and Miniaturization Across Industries The micromachining market thrives on advancements in precision engineering, enabling high-accuracy manufacturing at microscopic scales. This process uses tools smaller than one millimeter to create detailed patterns, holes, and structures. It serves industries like aerospace, automotive, electronics, and medical devices, where high precision is essential for producing components with tight tolerances. Technologies like laser micromachining, micro-electrical discharge machining (EDM), and micro milling have revolutionized the field. Laser micromachining off
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News
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- Lumentum Holdings Inc. (NASDAQ: LITE) had its price target raised by analysts at Morgan Stanley from $76.00 to $83.00. They now have an "equal weight" rating on the stock.MarketBeat
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LITE
Earnings
- 11/7/24 - Miss
LITE
Sec Filings
- 12/17/24 - Form 3
- 12/12/24 - Form 8-K
- 12/3/24 - Form 4
- LITE's page on the SEC website