Report overview
Groove milling is an interrupted cutting operation, so the chips typically break into manageable sizes.
This report contains market size and forecasts of Groove Milling Tools in global, including the following market information:
Global Groove Milling Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Groove Milling Tools Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Groove Milling Tools companies in 2021 (%)
The global Groove Milling Tools market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
External Grooving Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Groove Milling Tools include Sandvik, Premier Form Tools, Carmex Precision Tools, VARGUS, RIME, Mircona, Tungaloy, Fanar and CeramTec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Groove Milling Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Groove Milling Tools Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Groove Milling Tools Market Segment Percentages, by Type, 2021 (%)
External Grooving
Internal Grooving
Global Groove Milling Tools Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Groove Milling Tools Market Segment Percentages, by Application, 2021 (%)
General Use
Stainless Steel Cut
Global Groove Milling Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Groove Milling Tools Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Groove Milling Tools revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Groove Milling Tools revenues share in global market, 2021 (%)
Key companies Groove Milling Tools sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Groove Milling Tools sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sandvik
Premier Form Tools
Carmex Precision Tools
VARGUS
RIME
Mircona
Tungaloy
Fanar
CeramTec
Seco Tools
Fraisa
Kyocera
Sumitomo
ISCAR Cutting Tools
Horn Cutting Tools
