Precision tools are specialized instruments designed to perform tasks with high accuracy and minimal error. They are commonly used in various fields, including engineering, manufacturing, and woodworking. Examples of precision tools include calipers, micrometers, and laser cutters, which help ensure that measurements and cuts are exact. These tools are essential for creating components that fit together perfectly, which is crucial in industries like aerospace and automotive. By using precision tools, professionals can enhance the quality of their work, reduce waste, and improve overall efficiency in production processes.