Chirag Yadav

Chirag Yadav

May 9, 2023 7 minutes to read

What Is Precision Manufacturing, Its Benefits, Techniques and Trends

What Is Precision Manufacturing, Its Benefits, Techniques and Trends

Precision manufacturing has revolutionized the industrial and business landscape worldwide. Today, it accounts for over 70% of the global machining market, with an expected growth rate of 12% by 2024. As the demand for custom parts with high tolerances rises, precision machining is becoming increasingly important for achieving high-quality and cost-effective production.

In this article, I’ll put some light on precision manufacturing, the benefits of precision manufacturing, various techniques and approaches to ensure precision, and how it is changing the face of modern manufacturing.

What is Precision Manufacturing?

Precision manufacturing is the process of removing material from a sheet or block of material to produce specific shapes, using computer numerical control (CNC) machines that cut parts in a specified way. Unlike traditional manufacturing methods that use hammers and blades, precision manufacturing utilizes advanced software, specialized tools, and automated machinery to produce complex and intricate parts with high precision and accuracy. Precision manufacturing techniques come with several benefits, let me take you through them.

Benefits of Precision Manufacturing

Benefit No. 1: Lower Costs and Tighter Tolerance

Precision manufacturing guarantees tight tolerances as close as +/- 0.0005” on milled features and +/- 0.0001” on parts, making it possible to produce complex parts with high accuracy and more consistency. According to me, this will reduce labor costs and ensure high-quality parts, making it a cost-effective alternative to conventional machining methods such as injection molding or casting processes.

Benefit No. 2: Fast Production

Precision machining is among the fastest machining methods available today. It relies on 3D CAD models, specialized software, and advanced machinery to create custom parts in a matter of days. This helps in eliminating human error and ensures consistency in each part. It reduces lead times and increases efficiency.

Benefit No. 3: Compatible with a Wide Range of Materials

As per my knowledge, precision machining is compatible with a wide range of materials, including titanium, stainless steel, structural steel, copper alloy, plastics, or aluminum alloy parts, among others. This makes it suitable for various industries, such as aerospace, medical, and automotive, where product designers face different challenges with different materials.

Benefit No. 4: Easier Testing and Prototyping

Precision manufacturing offers rapid prototyping capabilities, enabling product designers to test products, identify potential design flaws, and prevent costly mistakes down the road. With precision machining, precision manufacturers modify 3D CAD models is all that is required to create new designs quickly, saving time and optimizing the manufacturing process.

While precision manufacturing provides a range of benefits, I think the techniques and approach used to ensure precision are equally important. Here are some techniques to ensure precision in manufacturing processes:

Techniques to Ensure Precision in Manufacturing Processes

Technique No. 1: Integrate Quality Control

Integrating quality control into the manufacturing process can help avoid costly mistakes and ensure consistency. Costly errors can be avoided by checking how the machines form parts during the process, making it essential to integrate quality control as a multi-step process.

Technique No. 2: Invest in the Latest Programs

Investing in the latest software programs and training personnel to use them can help improve precision and efficiency. Always look for new and inventive programs that help both equipment and workers make the manufacturing process more dynamic.

Technique No. 3: Check Available Circuit Technologies

Most modern manufacturing machines have integrated circuit boards to process and execute daily tasks. Rigid-flexible circuit boards are versatile enough to handle complex applications, and their combination of rigidity and flexibility allows them to fit any shape required for the equipment in which they will be used.

Technique No. 4: Consider the Materials

In precision manufacturing, the type and quality of the materials used are essential. Some materials allow for more complex designs and tighter tolerances than others. Therefore, it is crucial to consider the type of material used to achieve the desired level of precision. Using the best possible materials for a specific application can help ensure that the finished product meets the necessary requirements.

Technique No. 5: Regular Maintenance and Calibration

Regular maintenance and calibration are essential for precision manufacturers to ensure that manufacturing machines function at peak efficiency. This includes keeping the machines clean, checking and replacing worn parts, and calibrating the machines to ensure accuracy. These regular checks help avoid unexpected downtimes, ensuring that the manufacturing process runs smoothly.

Technique No. 6: Continuous Employee Training

Continuous training and development for employees help to maintain precision manufacturing. Employees should receive regular training on the latest manufacturing techniques, technologies, and best practices to ensure that they are up-to-date with the latest trends and practices. Providing training opportunities and creating a culture of continuous learning can also help employees develop their skills and knowledge, leading to better precision and efficiency.

Incorporating these techniques with the latest trends can help manufacturers achieve more precision, efficiency and sustainability.

Trends in Precision Manufacturing in 2023

Additive manufacturing, robotics, automation, artificial intelligence and machine learning, and digital twin technology are among the most significant technology trends in precision manufacturing that I can see. However, there are aspects other than technological aspects that the manufacturing industry is focused on. Let’s have a look at them.

Trend No. 1: Industry 4.0

Industry 4.0 is among the significant trends in precision manufacturing in 2023, and an important aspect of this trend is the use of advanced technologies like AR Platform for Frontline Workers. It involves the integration of Augmented Reality (AR) tools and techniques to provide real-time assistance and support to frontline workers, enabling them to perform tasks with greater precision and accuracy. This technology can help reduce the risk of errors and improve productivity by providing workers with visual aids, instructions, and information on the go. However, the implementation of these technologies also requires new skills and expertise, and precision manufacturing companies need to invest in training and upskilling their workforce to use these technologies effectively.

Trend No. 2: Sustainability and Circular Economy

Sustainable manufacturing practices and the circular economy are emerging trends in precision manufacturing. Manufacturers are seeking to reduce their environmental impact and operate more efficiently by implementing sustainable manufacturing practices. The circular economy emphasizes the reuse and recycling of materials to minimize waste. I believe precision manufacturing can play a critical role in sustainability, allowing for greater efficiency and precision in the use of materials and resources.

Trend No. 3: Customization and Personalization

The demand for customized and personalized products is on the rise. Precision manufacturing is turning to advanced technologies such as 3D printing and AR to create custom parts and products. The advantages of customization and personalization include increased customer satisfaction and loyalty. However, just like any other futuristic technology, there are challenges in implementing these technologies, such as the need for new design, production processes and skills.

Trend No. 4: Augmented Reality in Precision Manufacturing

Augmented reality (AR) technology is also becoming increasingly important trend in precision focused manufacturing. As you would already know, by overlaying digital information in the real world, AR allows manufacturers to visualize designs and make more informed decisions. AR technology can help engineers and designers test new product designs in real-world environments, reducing the time and costs associated with physical prototyping. Also, AR products, like Plutomen Assist, can be used to train workers on new equipment and processes, allowing them to learn and practice in a safe, simulated environment.

Trend No. 5: Workforce and Education

The demand for a skilled workforce in precision manufacturing is increasing, particularly as it is a relatively new concept for the industry. Education and training programs are being developed to meet this demand, with a focus on upskilling and reskilling existing workers as well as attracting young talent to the industry. Apart from Augmented Reality Training, I have seen organizations utilizing AR products for remote assistance and creating digital work instructions too, thereby tackling the skill gap and increasing efficiency of the workforce.


According to me, precision manufacturing is a dynamic and rapidly evolving field that is changing the way we design, produce, and deliver products. Companies that invest in new technologies and processes and embrace these trends will be well-positioned to succeed in the marketplace. AR technology can also offer significant benefits in precision manufacturing, such as improved product design, reduced costs, and enhanced worker training. Schedule an expert demo to understand how AR products can benefit your organization.

Make Precision Manufacturing Workflow Faster With AR!

Augmented Reality Technology enable faster workflow acceleration for precision-focused manufacturers. Try our solutions, today!

Request Demo


Precision manufacturing is a process that produces high-quality, accurate, and consistent products using advanced technologies and techniques.

Precision manufacturing is important because it ensures that products are made to exact specifications and tolerances, resulting in higher quality, improved safety, and reduced waste.

The benefits of precision manufacturing include improved product quality, increased efficiency, reduced waste, enhanced safety, and greater flexibility in responding to customer demands.

The most precise manufacturing process is nanotechnology, which involves the manipulation of materials at the atomic or molecular level.

Some key trends in precision manufacturing in 2023 include the use of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and augmented reality (AR) for real-time monitoring and predictive maintenance.

Industry 4.0 in precision manufacturing refers to the integration of advanced technologies and processes to create a more efficient and flexible manufacturing system, leveraging the IoT, cloud computing, and big data analytics. This enables real-time monitoring, predictive maintenance, and quick adaptation to changing market demands.
Chirag Yadav

Chirag Yadav

VP of Sales and Partnerships at Plutomen

Chirag brings with him 15+ Years of experience in Digital Transformation, and IT Leadership. At Plutomen, he holds deep experience in business with a track record of customer-centric approaches helping them build business transformation.

Recent Blog

Check out our latest blogs and news on all-things in Manufacturing.

How To Train Manufacturing Operators: 7 Effective Ways

In today’s competitive world, having a highly skilled and efficient workforce is crucial for manufacturing industries to succeed. However, many manufacturing industries struggle with finding and retaining skilled operators, and even when they do, they often lack the proper training to maximize their potential. Training is not only crucial to ensure the safe and effective […]

May 2, 2023

6 Ways to Increase Productivity in Manufacturing with AR

Productivity in manufacturing and its importance Industrial shop floor productivity has a direct impact on the profitability. To avoid the grim consequences of reduced income, increasing production in lesser time while sustaining quality has become an area of interest for manufacturers. The intensifying industrial competition is another factor demanding manufacturing enterprises to look for ways […]

January 21, 2022

Top 9 Uses of Augmented Reality in Manufacturing [2023 Edition]

Augmented Reality (AR) is transforming manufacturing by enabling companies to improve productivity, optimize workflows, and reduce operational costs. According to a recent report by ABI Research, the number of AR smart glasses shipments in the manufacturing sector is expected to reach 27 million by 2025. Manufacturing processes require precision and attention to detail, and even […]

April 18, 2023