Report overview
Tooling is important part of the manufacturing process since machine tools are used to bore, grind, mill, tap, and form, drill, cut, shape, cut and cast, determine the quality of manufactured product.
This report aims to provide a comprehensive presentation of the global market for HSS Metal Cutting 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 HSS Metal Cutting Tools. This report contains market size and forecasts of HSS Metal Cutting Tools in global, including the following market information:
Global HSS Metal Cutting Tools Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global HSS Metal Cutting Tools Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five HSS Metal Cutting Tools companies in 2022 (%)
The global HSS Metal Cutting Tools market was valued at US$ 4177.5 million in 2022 and is projected to reach US$ 4978 million by 2029, at a CAGR of 2.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Major Key factors contributing to the growth of this market is increasing requirement to develop superior quality products. The Global High Speed Steel Metal Cutting Tools market has been witnessing a reduction in cost of high speed steel metal-cutting tools. However, growing preference for the carbide metal-cutting tools acts as a challenge to growth of this market.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the HSS Metal 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 HSS Metal Cutting Tools Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global HSS Metal Cutting Tools Market Segment Percentages, by Type, 2022 (%)
Milling Tools
Drilling Tools
Tapping Tools
Global HSS Metal Cutting Tools Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global HSS Metal Cutting Tools Market Segment Percentages, by Application, 2022 (%)
Automobile Industry
Aircraft Industry
Oil & Gas Industry
Machinery Industry
Shipping Building Industry
Rail Transport Industry
Others
Global HSS Metal Cutting Tools Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global HSS Metal 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 HSS Metal Cutting Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies HSS Metal Cutting Tools revenues share in global market, 2022 (%)
Key companies HSS Metal Cutting Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies HSS Metal Cutting Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kennametal
LMT Onsrud
NACHI-FUJIKOSHI
OSG
Sandvik Coromant
Outline of Major Chapters:
Chapter 1: Introduces the definition of HSS Metal Cutting Tools, market overview.
Chapter 2: Global HSS Metal Cutting Tools market size in revenue and volume.
Chapter 3: Detailed analysis of HSS Metal Cutting 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 HSS Metal Cutting 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 HSS Metal Cutting 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.
