Report overview
Milling Tools are cutting tools typically used in milling machines or machining centres to perform milling operations. They remove material by their movement within the machine or directly from the cutter's shape.
Due to the COVID-19 pandemic, the global HSS (High-Speed Steel) Milling Tools market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2023-2030. Fully considering the economic change by this health crisis, the Europe HSS (High-Speed Steel) Milling Tools market is estimated at US$ million in 2023, while the United States and China are forecast to reach US$ million and US$ million by 2030, respectively. The proportion of the United States is % in 2023, while Chinese percentage is %, and it is predicted that China market share will reach % in 2030, trailing a CAGR of % through the analysis period. As for the Europe HSS (High-Speed Steel) Milling Tools landscape, Germany is projected to reach US$ million by 2030. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
T Type Steel accounting for % of the HSS (High-Speed Steel) Milling Tools global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Automobile Industry segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2030.
The global major manufacturers of HSS (High-Speed Steel) Milling Tools include Sandvik AB, Nachi-Fujikoshi, OSG, Kennametal, YG-1 Tool, Walter AG, Tiangong International, Shanghai Tool Works and Sumitomo Electric Industries, etc. In terms of revenue, the global 3 largest players have a % market share of HSS (High-Speed Steel) Milling Tools in 2022.
This report focuses on HSS (High-Speed Steel) Milling Tools volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall HSS (High-Speed Steel) Milling Tools market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global HSS (High-Speed Steel) Milling Tools Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
T Type Steel
M Type Steel
Other Types Steel
Segment by Application
Automobile Industry
Aircraft Industry
Oil & Gas Industry
Machinery Industry
Shipping Building Industry
Rail Transport Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Sandvik AB
Nachi-Fujikoshi
OSG
Kennametal
YG-1 Tool
Walter AG
Tiangong International
Shanghai Tool Works
Sumitomo Electric Industries
TDC Cutting Tools
Harbin No.1 Tool Manufacturing
Harbin Measuring & Cutting Tool
Tivoly
Addison
Chengliang Tools
Sutton Tools
Henan Yigong Zuanye
Raymond(JK Files)
LMT Onsrud LP
DeWALT
Guhring
Jore Corporation
Somta Tools
BIG Kaiser
