Report overview
External Grooving Tools are suitable for precise grooving and cutting of the workpieces.And they are usually ground to the dimensions and shape required for a particular job. Most grooving tools are similar in appearance to the cutoff tool, except that the corners are carefully rounded because they reduce the possibility of cracks in the part, especially if the part is to be heat-treated.
This report aims to provide a comprehensive presentation of the global market for External Grooving Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding External Grooving Tools. This report contains market size and forecasts of External Grooving Tools in global, including the following market information:
Global External Grooving Tools Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global External Grooving Tools Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five External Grooving Tools companies in 2022 (%)
The global External Grooving Tools market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Aperture Less Than 15 mm Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of External Grooving Tools include Leistritz, ARNO, Beijing Worldia Diamond Tools, Derek, Paul Horn GmbH, ISCAR LTD, SECO TOOLS, Neumu-Ehrenberg and WIDIA, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the External Grooving 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 External Grooving Tools Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global External Grooving Tools Market Segment Percentages, by Type, 2022 (%)
Aperture Less Than 15 mm
Aperture 15-30 mm
Aperture More Than 30 mm
Global External Grooving Tools Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global External Grooving Tools Market Segment Percentages, by Application, 2022 (%)
Metal Materials
Nonmetal Work Pieces
Global External Grooving Tools Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global External Grooving 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 External Grooving Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies External Grooving Tools revenues share in global market, 2022 (%)
Key companies External Grooving Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies External Grooving Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Leistritz
ARNO
Beijing Worldia Diamond Tools
Derek
Paul Horn GmbH
ISCAR LTD
SECO TOOLS
Neumu-Ehrenberg
WIDIA
TUNGALOY CORPORATION
Wohlhaupter Corporation
REMS
Outline of Major Chapters:
Chapter 1: Introduces the definition of External Grooving Tools, market overview.
Chapter 2: Global External Grooving Tools market size in revenue and volume.
Chapter 3: Detailed analysis of External Grooving Tools manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of External Grooving Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global External Grooving Tools capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
