Report overview
External turning tools are the most commonly used tools for lathe machining since they are designed to remove material.
This report aims to provide a comprehensive presentation of the global market for External 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 External Turning Tools. This report contains market size and forecasts of External Turning Tools in global, including the following market information:
Global External Turning Tools Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global External Turning Tools Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five External Turning Tools companies in 2022 (%)
The global External 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.
Parting Off Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of External Turning Tools include Sandvik, Mitsubishi Materials, WhizCut, Ingersoll Cutting Tool, KOMET, KYOCERA, Kennametal, Winstar Cutting and Widia, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the External 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 External Turning Tools Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global External Turning Tools Market Segment Percentages, by Type, 2022 (%)
Parting Off
Grooving
Threading
End Milling
Drilling
Global External Turning Tools Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global External Turning Tools Market Segment Percentages, by Application, 2022 (%)
Automotive
Construction
Global External Turning Tools Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global External 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 External Turning Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies External Turning Tools revenues share in global market, 2022 (%)
Key companies External Turning Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies External Turning Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sandvik
Mitsubishi Materials
WhizCut
Ingersoll Cutting Tool
KOMET
KYOCERA
Kennametal
Winstar Cutting
Widia
IZAR CUTTING TOOLS
Arno
Sumitomo Electric
Swiss Tool Systems
ISCAR
Seco Tools
Shan Gin Cutting Tools
Palbit
Ceratizit
Outline of Major Chapters:
Chapter 1: Introduces the definition of External Turning Tools, market overview.
Chapter 2: Global External Turning Tools market size in revenue and volume.
Chapter 3: Detailed analysis of External 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 External 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 External 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.
