One Stop Shop for All Your Market Research Reports

Global Metal Cutting Tools Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

In the context of machining, a cutting tool is any tool that is used to remove material from the workpiece by means of shear deformation. Cutting may be accomplished by single-point or multipoint tools. Single-point tools are used in turning, shaping, plaining and similar operations, and remove material by means of one cutting edge. Milling and drilling tools are often multipoint tools. Grinding tools are also multipoint tools. Each grain of abrasive functions as a microscopic single-point cutting edge (although of high negative rake angle), and shears a tiny chip. According to our (Global Info Research) latest study, the global Metal Cutting Tools market size was valued at USD 25590 million in 2022 and is forecast to a readjusted size of USD 35040 million by 2029 with a CAGR of 4.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Sandvik, Kennametal, Iscar, OSG and Mitsubishi are the leading metal-cutting tools manufacturers, Sandvik accounting for about 20 percent of the total market. Europe is the main market with a 20% share, followed by North America with about 18%. This report is a detailed and comprehensive analysis for global Metal Cutting Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, Ingecal and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Metal Cutting Tools market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Metal Cutting Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Metal Cutting Tools market size and forecasts, Ingecal and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Metal Cutting Tools market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Metal Cutting Tools To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Metal Cutting Tools market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsubishi Materials, Sandvik, OSG, Sumitomo Electric and Kyocera, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Metal Cutting Tools market is split Ingecal and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value Ingecal, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment Ingecal Turning Tool Milling Tool Drilling Tool Threading Tools Others Market segment by Application Automotive Machinery Electronics Chemical Railway & Aerospace Medical Others Major players covered Mitsubishi Materials Sandvik OSG Sumitomo Electric Kyocera IMC Group Kennametal Zhuzhou Cemented Carbide Group Nachi-Fujikoshi Shanghai Tool YG-1 Union Tool Ceratizit Mapal Korloy Xiamen Jinlu Tiangong DIJET LMT Beijing Worldia Diamond Tools Harbin Measuring & Cutting Tool Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Metal Cutting Tools product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Metal Cutting Tools, with price, sales, revenue and global market share of Metal Cutting Tools from 2018 to 2023. Chapter 3, the Metal Cutting Tools competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Metal Cutting Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales Ingecal and application, with sales market share and growth rate by ecal, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Metal Cutting Tools market forecast, by regions, ecal and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Metal Cutting Tools. Chapter 14 and 15, to describe Metal Cutting Tools sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Metal Cutting Tools 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis Ingecal 1.3.1 Overview: Global Metal Cutting Tools Consumption Value Ingecal: 2018 Versus 2022 Versus 2029 1.3.2 Turning Tool 1.3.3 Milling Tool 1.3.4 Drilling Tool 1.3.5 Threading Tools 1.3.6 Others
Inquiry Before Buying

Request Sample

Share This Report

Our Clients

Payment Mode
Single User US $ 3480
Multi User US $5220
Corporate User US $6960
About this Report
Report ID 18793
Category
  • Equipment
Published on 03-Jan
Number of Pages 127
Publisher Name Global Info Research
Editor Rating
★★★★★
★★★★★
(25)