Report overview
This report contains market size and forecasts of High Precision Cutting Tools in global, including the following market information:
Global High Precision Cutting Tools Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global High Precision Cutting Tools Market Sales, 2018-2023, 2023-2030, (K Units)
Global top five High Precision Cutting Tools companies in 2022 (%)
The global High Precision Cutting Tools market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
High-Speed Steel Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of High Precision Cutting Tools include Sandvik, Kennametal, Iscar, OSG, Mitsubishi, Kyocera, Sumitomo, Mapal and Nachi-Fujikoshi, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the High Precision Cutting 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 High Precision Cutting Tools Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global High Precision Cutting Tools Market Segment Percentages, by Type, 2022 (%)
High-Speed Steel
Ceramics
Diamonds
Cemented Carbide
Other
Global High Precision Cutting Tools Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global High Precision Cutting Tools Market Segment Percentages, by Application, 2022 (%)
Machinery
Automotive
Aerospace
Energy and Power
Others
Global High Precision Cutting Tools Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global High Precision Cutting Tools Market Segment Percentages, By Region and Country, 2022 (%)
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 High Precision Cutting Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies High Precision Cutting Tools revenues share in global market, 2022 (%)
Key companies High Precision Cutting Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies High Precision Cutting Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sandvik
Kennametal
Iscar
OSG
Mitsubishi
Kyocera
Sumitomo
Mapal
Nachi-Fujikoshi
LMT
ZCCCT
Hitachi
YG-1
Shanghai Tool
Korloy
Union Tool
Tiangong
Guhring
Tivoly
Ceratizit
