Global Metal Cutting Tools Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Metal Cutting Tools Market is presumed to reach the market size of nearly USD 80.24 Billion by 2032 from USD 49.31 Billion in 2023 with a CAGR of 5.56% under the study period 2024-2032.

Metal cutting tools are machine tools that allow for the easy and precise manufacture of critical and complex components. Metal cutting tools are driven by electric motors and are used in many cutting processes such as turning, milling, grinding and boring to complete a specific cut on a metal workpiece. Metal cutting tools can be single-point or multi-point, depending on the number of cutting edges available. A metal cutting tool should have enough hardness, toughness, and wear resistance for long service life. Metal cutting tools commonly used include hacksaws, jigsaws, grinders, and snips.

MARKET DYNAMICS

Rapid urbanization and industrialization in developing and developed countries have boosted numerous automotive, manufacturing, aerospace, and military industries. Due to this, the demand for metal cutting tools is likely to rise. Furthermore, manufacturing sectors have grown in India, China, Mexico, Canada, Russia, Malaysia, and Thailand. Their populations, disposable income, and employment rates have risen, and their living standards have improved. The need for metal-cutting equipment has been increased as a result. In addition, the introduction of technologies like additive manufacturing, industrial automation, computerized numeric control (CNC), computer-aided manufacturing (CAM), and 3D printing has resulted in significant material and capital cost reductions, which has boosted demand for metal cutting tools. However, a considerable limitation to the market's growth is high initial, operating, and maintenance costs.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Metal Cutting Tools. The growth and trends of Metal Cutting Tools industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Metal Cutting Tools market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Tool

Indexable
Solid

By Process

Milling
Drilling
Boring
Turning
Grinding
Others

By Material

Carbide
High Speed Steel
Stainless Steel
Ceramics
Others

By Application

Automotive
Aerospace & Defense
Oil&Gas
General Machining
Medical
Electrical & Electronics
Other

By Distribution Channel

Direct
Indirect

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Metal Cutting Tools market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Metal Cutting Tools market include Atlas Copco, Ceratizit Group, Emerson Electric, Guhring Inc., Iscar Ltd. (IMC Group), Kyocera Corporation, Mapal Dr. Kress KG, Nachi-Fujikoshi Corp., OSG Corporation, Robert Bosch Gmbh, Seco Tools AB, Stanley Black & Decker Inc., Sumitomo Electric Hardmetal Corporatic, TaeguTec Ltd., Walter AG, Sandvik AB. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11216793

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. METAL CUTTING TOOLS - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Tool
- 3.7.2 Market Attractiveness Analysis By Process
- 3.7.3 Market Attractiveness Analysis By Material
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By Distribution Channel
- 3.7.6 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL METAL CUTTING TOOLS MARKET ANALYSIS BY TOOL

5.1. Overview By Tool
5.2. Historical and Forecast Data Analysis By Tool
5.3. Indexable Historic and Forecast Sales By Regions
5.4. Solid Historic and Forecast Sales By Regions

6. GLOBAL METAL CUTTING TOOLS MARKET ANALYSIS BY PROCESS

6.1. Overview By Process
6.2. Historical and Forecast Data Analysis By Process
6.3. Milling Historic and Forecast Sales By Regions
6.4. Drilling Historic and Forecast Sales By Regions
6.5. Boring Historic and Forecast Sales By Regions
6.6. Turning Historic and Forecast Sales By Regions
6.7. Grinding Historic and Forecast Sales By Regions
6.8. Others Historic and Forecast Sales By Regions

7. GLOBAL METAL CUTTING TOOLS MARKET ANALYSIS BY MATERIAL

7.1. Overview By Material
7.2. Historical and Forecast Data Analysis By Material
7.3. Carbide Historic and Forecast Sales By Regions
7.4. High Speed Steel Historic and Forecast Sales By Regions
7.5. Stainless Steel Historic and Forecast Sales By Regions
7.6. Ceramics Historic and Forecast Sales By Regions
7.7. Others Historic and Forecast Sales By Regions

8. GLOBAL METAL CUTTING TOOLS MARKET ANALYSIS BY APPLICATION

8.1. Overview By Application
8.2. Historical and Forecast Data Analysis By Application
8.3. Automotive Historic and Forecast Sales By Regions
8.4. Aerospace & Defense Historic and Forecast Sales By Regions
8.5. Oil&Gas Historic and Forecast Sales By Regions
8.6. General Machining Historic and Forecast Sales By Regions
8.7. Medical Historic and Forecast Sales By Regions
8.8. Electrical & Electronics Historic and Forecast Sales By Regions
8.9. Other Historic and Forecast Sales By Regions

9. GLOBAL METAL CUTTING TOOLS MARKET ANALYSIS BY DISTRIBUTION CHANNEL

9.1. Overview By Distribution Channel
9.2. Historical and Forecast Data Analysis By Distribution Channel
9.3. Direct Historic and Forecast Sales By Regions
9.4. Indirect Historic and Forecast Sales By Regions

10. GLOBAL METAL CUTTING TOOLS MARKET ANALYSIS BY GEOGRAPHY

10.1. Regional Outlook
10.2. Introduction
10.3. North America Sales Analysis
- 10.3.1 Overview, Historic and Forecast Data Sales Analysis
- 10.3.2 North America By Segment Sales Analysis
- 10.3.3 North America By Country Sales Analysis
- 10.3.4 United States Sales Analysis
- 10.3.5 Canada Sales Analysis
- 10.3.6 Mexico Sales Analysis
10.4. Europe Sales Analysis
- 10.4.1 Overview, Historic and Forecast Data Sales Analysis
- 10.4.2 Europe By Segment Sales Analysis
- 10.4.3 Europe By Country Sales Analysis
- 10.4.4 United Kingdom Sales Analysis
- 10.4.5 France Sales Analysis
- 10.4.6 Germany Sales Analysis
- 10.4.7 Italy Sales Analysis
- 10.4.8 Russia Sales Analysis
- 10.4.9 Rest Of Europe Sales Analysis
10.5. Asia Pacific Sales Analysis
- 10.5.1 Overview, Historic and Forecast Data Sales Analysis
- 10.5.2 Asia Pacific By Segment Sales Analysis
- 10.5.3 Asia Pacific By Country Sales Analysis
- 10.5.4 China Sales Analysis
- 10.5.5 India Sales Analysis
- 10.5.6 Japan Sales Analysis
- 10.5.7 South Korea Sales Analysis
- 10.5.8 Australia Sales Analysis
- 10.5.9 South East Asia Sales Analysis
- 10.5.10 Rest Of Asia Pacific Sales Analysis
10.6. Latin America Sales Analysis
- 10.6.1 Overview, Historic and Forecast Data Sales Analysis
- 10.6.2 Latin America By Segment Sales Analysis
- 10.6.3 Latin America By Country Sales Analysis
- 10.6.4 Brazil Sales Analysis
- 10.6.5 Argentina Sales Analysis
- 10.6.6 Peru Sales Analysis
- 10.6.7 Chile Sales Analysis
- 10.6.8 Rest of Latin America Sales Analysis
10.7. Middle East & Africa Sales Analysis
- 10.7.1 Overview, Historic and Forecast Data Sales Analysis
- 10.7.2 Middle East & Africa By Segment Sales Analysis
- 10.7.3 Middle East & Africa By Country Sales Analysis
- 10.7.4 Saudi Arabia Sales Analysis
- 10.7.5 UAE Sales Analysis
- 10.7.6 Israel Sales Analysis
- 10.7.7 South Africa Sales Analysis
- 10.7.8 Rest Of Middle East And Africa Sales Analysis

11. COMPETITIVE LANDSCAPE OF THE METAL CUTTING TOOLS COMPANIES

11.1. Metal Cutting Tools Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments

12. COMPANY PROFILES OF METAL CUTTING TOOLS INDUSTRY

12.1. Top Companies Market Share Analysis
12.2. Market Concentration Rate
12.3. Atlas Copco
- 12.3.1 Company Overview
- 12.3.2 Company Revenue
- 12.3.3 Products
- 12.3.4 Recent Developments
12.4. Ceratizit Group
- 12.4.1 Company Overview
- 12.4.2 Company Revenue
- 12.4.3 Products
- 12.4.4 Recent Developments
12.5. Emerson Electric
- 12.5.1 Company Overview
- 12.5.2 Company Revenue
- 12.5.3 Products
- 12.5.4 Recent Developments
12.6. Guhring Inc.
- 12.6.1 Company Overview
- 12.6.2 Company Revenue
- 12.6.3 Products
- 12.6.4 Recent Developments
12.7. Iscar Ltd. (IMC Group)
- 12.7.1 Company Overview
- 12.7.2 Company Revenue
- 12.7.3 Products
- 12.7.4 Recent Developments
12.8. Kyocera Corporation
- 12.8.1 Company Overview
- 12.8.2 Company Revenue
- 12.8.3 Products
- 12.8.4 Recent Developments
12.9. Mapal Dr. Kress KG
- 12.9.1 Company Overview
- 12.9.2 Company Revenue
- 12.9.3 Products
- 12.9.4 Recent Developments
12.10. Nachi-Fujikoshi Corp.
- 12.10.1 Company Overview
- 12.10.2 Company Revenue
- 12.10.3 Products
- 12.10.4 Recent Developments
12.11. OSG Corporation
- 12.11.1 Company Overview
- 12.11.2 Company Revenue
- 12.11.3 Products
- 12.11.4 Recent Developments
12.12. Robert Bosch Gmbh
- 12.12.1 Company Overview
- 12.12.2 Company Revenue
- 12.12.3 Products
- 12.12.4 Recent Developments
12.13. Seco Tools AB
- 12.13.1 Company Overview
- 12.13.2 Company Revenue
- 12.13.3 Products
- 12.13.4 Recent Developments
12.14. Stanley Black & Decker Inc.
- 12.14.1 Company Overview
- 12.14.2 Company Revenue
- 12.14.3 Products
- 12.14.4 Recent Developments
12.15. Sumitomo Electric Hardmetal Corporatic
- 12.15.1 Company Overview
- 12.15.2 Company Revenue
- 12.15.3 Products
- 12.15.4 Recent Developments
12.16. TaeguTec Ltd.
- 12.16.1 Company Overview
- 12.16.2 Company Revenue
- 12.16.3 Products
- 12.16.4 Recent Developments
12.17. Walter AG
- 12.17.1 Company Overview
- 12.17.2 Company Revenue
- 12.17.3 Products
- 12.17.4 Recent Developments
12.18. Sandvik AB
- 12.18.1 Company Overview
- 12.18.2 Company Revenue
- 12.18.3 Products
- 12.18.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies