Report overview
Groove milling is an interrupted cutting operation, so the chips typically break into manageable sizes.
This report aims to provide a comprehensive presentation of the global market for Groove Milling 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 Groove Milling Tools. This report contains market size and forecasts of Groove Milling Tools in global, including the following market information:
Global Groove Milling Tools Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Groove Milling Tools Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Groove Milling Tools companies in 2022 (%)
The global Groove Milling 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.
External Grooving Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Groove Milling Tools include Sandvik, Premier Form Tools, Carmex Precision Tools, VARGUS, RIME, Mircona, Tungaloy, Fanar and CeramTec, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Groove Milling 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 Groove Milling Tools Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Groove Milling Tools Market Segment Percentages, by Type, 2022 (%)
External Grooving
Internal Grooving
Global Groove Milling Tools Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Groove Milling Tools Market Segment Percentages, by Application, 2022 (%)
General Use
Stainless Steel Cut
Global Groove Milling Tools Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Groove Milling 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 Groove Milling Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Groove Milling Tools revenues share in global market, 2022 (%)
Key companies Groove Milling Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Groove Milling Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sandvik
Premier Form Tools
Carmex Precision Tools
VARGUS
RIME
Mircona
Tungaloy
Fanar
CeramTec
Seco Tools
Fraisa
Kyocera
Sumitomo
ISCAR Cutting Tools
Horn Cutting Tools
Outline of Major Chapters:
Chapter 1: Introduces the definition of Groove Milling Tools, market overview.
Chapter 2: Global Groove Milling Tools market size in revenue and volume.
Chapter 3: Detailed analysis of Groove Milling 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 Groove Milling 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 Groove Milling 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.
