Report Detail
Global Metal Cutting Tools Market Growth 2019-2024
- RnM3064769 |
- 06 March, 2019 |
- Global |
- 178 Pages |
- LPI(LP Information) |
- Machinery & Equipment
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.
In the coming years there is an increasing demand for Metal Cutting Tools in the regions of USA and Europe that is expected to drive the market for more advanced Metal Cutting Tools. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Metal Cutting Tools will drive growth in China markets.
Globally, the Metal Cutting Tools industry market is low concentrated as the manufacturing technology of Metal Cutting Tools is relatively matures than some high-tech equipment. And some enterprises, like Sandvik, Kennametal, Iscar, etc. are well-known for the wonderful performance of their Metal Cutting Tools and related services. At the same time, Europe, occupied 22.74% revenue market share in 2016, is remarkable in the global Metal Cutting Tools industry because of their market share and technology status of Metal Cutting Tools.
The Revenue of Metal Cutting Tools is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Metal Cutting Tools industry may not keep that fast. But it is surely forecasted that the market of Metal Cutting Tools is still promising.
According to this study, over the next five years the Metal Cutting Tools market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 29200 million by 2024, from US$ 20500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Metal Cutting Tools business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal Cutting Tools market by product type, application, key manufacturers and key regions and countries.
This study considers the Metal Cutting Tools value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Cemented carbide
High speed steel
Ceramics
Diamond
Others
Or
Milling
Turning
Drilling
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machinery Industry
Automotive Industry
Aerospace Industry
Energy Industry
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sandvik
Kennametal
Iscar
OSG
Mitsubishi
Kyocera
Sumitomo
Mapal
Nachi-Fujikoshi
LMT
ZCCCT
YG-1
Shanghai Tool
Korloy
Union Tool
Tiangong
Guhring
Harbin No.1 Tool
Tivoly
Ceratizit
Hitachi
Feidadrills
Chengdu Chengliang
BIG Kaiser
Addison
Hanjiang
EST Tools
Xiamen Golden Erge
AHNO
Sandhog
Certrix-EG
Aloris
Kilowood
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Metal Cutting Tools consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Metal Cutting Tools market by identifying its various subsegments.
Focuses on the key global Metal Cutting Tools manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Metal Cutting Tools with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Metal Cutting Tools submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Metal Cutting Tools Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Metal Cutting Tools Consumption 2014-2024
- 2.1.2 Metal Cutting Tools Consumption CAGR by Region
- 2.2 Metal Cutting Tools Segment by Type
- 2.2.1 Cemented carbide
- 2.2.2 High speed steel
- 2.2.3 Ceramics
- 2.2.4 Diamond
- 2.2.5 Others
- 2.2.6 Or
- 2.2.7 Milling
- 2.2.8 Turning
- 2.2.9 Drilling
- 2.2.10 Grinding
- 2.3 Metal Cutting Tools Consumption by Type
- 2.3.1 Global Metal Cutting Tools Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Metal Cutting Tools Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Metal Cutting Tools Sale Price by Type (2014-2019)
- 2.4 Metal Cutting Tools Segment by Application
- 2.4.1 Machinery Industry
- 2.4.2 Automotive Industry
- 2.4.3 Aerospace Industry
- 2.4.4 Energy Industry
- 2.5 Metal Cutting Tools Consumption by Application
- 2.5.1 Global Metal Cutting Tools Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Metal Cutting Tools Value and Market Share by Application (2014-2019)
- 2.5.3 Global Metal Cutting Tools Sale Price by Application (2014-2019)
3 Global Metal Cutting Tools by Players
- 3.1 Global Metal Cutting Tools Sales Market Share by Players
- 3.1.1 Global Metal Cutting Tools Sales by Players (2017-2019)
- 3.1.2 Global Metal Cutting Tools Sales Market Share by Players (2017-2019)
- 3.2 Global Metal Cutting Tools Revenue Market Share by Players
- 3.2.1 Global Metal Cutting Tools Revenue by Players (2017-2019)
- 3.2.2 Global Metal Cutting Tools Revenue Market Share by Players (2017-2019)
- 3.3 Global Metal Cutting Tools Sale Price by Players
- 3.4 Global Metal Cutting Tools Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Metal Cutting Tools Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Metal Cutting Tools Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Metal Cutting Tools by Regions
- 4.1 Metal Cutting Tools by Regions
- 4.1.1 Global Metal Cutting Tools Consumption by Regions
- 4.1.2 Global Metal Cutting Tools Value by Regions
- 4.2 Americas Metal Cutting Tools Consumption Growth
- 4.3 APAC Metal Cutting Tools Consumption Growth
- 4.4 Europe Metal Cutting Tools Consumption Growth
- 4.5 Middle East & Africa Metal Cutting Tools Consumption Growth
5 Americas
- 5.1 Americas Metal Cutting Tools Consumption by Countries
- 5.1.1 Americas Metal Cutting Tools Consumption by Countries (2014-2019)
- 5.1.2 Americas Metal Cutting Tools Value by Countries (2014-2019)
- 5.2 Americas Metal Cutting Tools Consumption by Type
- 5.3 Americas Metal Cutting Tools Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Metal Cutting Tools Consumption by Countries
- 6.1.1 APAC Metal Cutting Tools Consumption by Countries (2014-2019)
- 6.1.2 APAC Metal Cutting Tools Value by Countries (2014-2019)
- 6.2 APAC Metal Cutting Tools Consumption by Type
- 6.3 APAC Metal Cutting Tools Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Metal Cutting Tools by Countries
- 7.1.1 Europe Metal Cutting Tools Consumption by Countries (2014-2019)
- 7.1.2 Europe Metal Cutting Tools Value by Countries (2014-2019)
- 7.2 Europe Metal Cutting Tools Consumption by Type
- 7.3 Europe Metal Cutting Tools Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Metal Cutting Tools by Countries
- 8.1.1 Middle East & Africa Metal Cutting Tools Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Metal Cutting Tools Value by Countries (2014-2019)
- 8.2 Middle East & Africa Metal Cutting Tools Consumption by Type
- 8.3 Middle East & Africa Metal Cutting Tools Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Metal Cutting Tools Distributors
- 10.3 Metal Cutting Tools Customer
11 Global Metal Cutting Tools Market Forecast
- 11.1 Global Metal Cutting Tools Consumption Forecast (2019-2024)
- 11.2 Global Metal Cutting Tools Forecast by Regions
- 11.2.1 Global Metal Cutting Tools Forecast by Regions (2019-2024)
- 11.2.2 Global Metal Cutting Tools Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Metal Cutting Tools Forecast by Type
- 11.8 Global Metal Cutting Tools Forecast by Application
12 Key Players Analysis
- 12.1 Sandvik
- 12.1.1 Company Details
- 12.1.2 Metal Cutting Tools Product Offered
- 12.1.3 Sandvik Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Sandvik News
- 12.2 Kennametal
- 12.2.1 Company Details
- 12.2.2 Metal Cutting Tools Product Offered
- 12.2.3 Kennametal Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Kennametal News
- 12.3 Iscar
- 12.3.1 Company Details
- 12.3.2 Metal Cutting Tools Product Offered
- 12.3.3 Iscar Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Iscar News
- 12.4 OSG
- 12.4.1 Company Details
- 12.4.2 Metal Cutting Tools Product Offered
- 12.4.3 OSG Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 OSG News
- 12.5 Mitsubishi
- 12.5.1 Company Details
- 12.5.2 Metal Cutting Tools Product Offered
- 12.5.3 Mitsubishi Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Mitsubishi News
- 12.6 Kyocera
- 12.6.1 Company Details
- 12.6.2 Metal Cutting Tools Product Offered
- 12.6.3 Kyocera Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Kyocera News
- 12.7 Sumitomo
- 12.7.1 Company Details
- 12.7.2 Metal Cutting Tools Product Offered
- 12.7.3 Sumitomo Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Sumitomo News
- 12.8 Mapal
- 12.8.1 Company Details
- 12.8.2 Metal Cutting Tools Product Offered
- 12.8.3 Mapal Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Mapal News
- 12.9 Nachi-Fujikoshi
- 12.9.1 Company Details
- 12.9.2 Metal Cutting Tools Product Offered
- 12.9.3 Nachi-Fujikoshi Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Nachi-Fujikoshi News
- 12.10 LMT
- 12.10.1 Company Details
- 12.10.2 Metal Cutting Tools Product Offered
- 12.10.3 LMT Metal Cutting Tools Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 LMT News
- 12.11 ZCCCT
- 12.12 YG-1
- 12.13 Shanghai Tool
- 12.14 Korloy
- 12.15 Union Tool
- 12.16 Tiangong
- 12.17 Guhring
- 12.18 Harbin No.1 Tool
- 12.19 Tivoly
- 12.20 Ceratizit
- 12.21 Hitachi
- 12.22 Feidadrills
- 12.23 Chengdu Chengliang
- 12.24 BIG Kaiser
- 12.25 Addison
- 12.26 Hanjiang
- 12.27 EST Tools
- 12.28 Xiamen Golden Erge
- 12.29 AHNO
- 12.30 Sandhog
- 12.31 Certrix-EG
- 12.32 Aloris
- 12.33 Kilowood
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Metal Cutting Tools . Industry analysis & Market Report on Metal Cutting Tools is a syndicated market report, published as Global Metal Cutting Tools Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Metal Cutting Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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