Report overview
Turning tools are used on lathes for cutting or finishing the outside diameter of a workpiece. Turning tools can be used to produce cylindrical parts. In its basic form, turning can be defined as the machining of an external surface with the workpiece rotating, or with a single-point cutting tool. Turning tools are generally made from steel, carbon steel, high speed steel, and powdered metal. To use turning tools for a turning operation, three primary factors need to be considered: speed, feed, and depth of cut. Other factors, such as material and type of tool, also have a large influence.
This report aims to provide a comprehensive presentation of the global market for Turning 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 Turning Tools. This report contains market size and forecasts of Turning Tools in global, including the following market information:
Global Turning Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Turning Tools Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Turning Tools companies in 2022 (%)
The global Turning Tools market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, 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.
Insert Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Turning Tools include ALESA, Aloris Tool Technology, Applitec Moutier, Arno, ASAHI Diamond, Beijing Worldia Diamond Tools Co., Ltd and BIG DAISHOWA, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Turning 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 Turning Tools Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Turning Tools Market Segment Percentages, by Type, 2022 (%)
Insert
Double-clamp
Monobloc
Others
Global Turning Tools Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Turning Tools Market Segment Percentages, by Application, 2022 (%)
External
Internal
Global Turning Tools Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Turning 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 Turning Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Turning Tools revenues share in global market, 2022 (%)
Key companies Turning Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Turning Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ALESA
Aloris Tool Technology
Applitec Moutier
Arno
ASAHI Diamond
Beijing Worldia Diamond Tools Co., Ltd
BIG DAISHOWA
Outline of Major Chapters:
Chapter 1: Introduces the definition of Turning Tools, market overview.
Chapter 2: Global Turning Tools market size in revenue and volume.
Chapter 3: Detailed analysis of Turning 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 Turning 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 Turning 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.
