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HSS Cutting Tools-Global Market Insights and Sales Trends 2024
Synopsis
Cutting tools are tools used for cutting in machinery manufacturing. Most cutters are machine - made. Since the tools used in mechanical manufacturing are basically used to cut metal materials, it is generally understood as metal cutting tools.
This report mainly introduces HSS metal cutting tools, including milling tools, hole cutting tools, thread cutting tools, gear tools, etc.
The global HSS Cutting Tools market size is expected to reach US$ 4903.3 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is mainly driven by the significant applications of HSS Cutting Tools in various end use industries. The expanding demands from the Automobile, Machinery, Energy and Rail Transport & Aircraft, are propelling HSS Cutting Tools market. HSS Milling Tools, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the HSS Drilling Tools segment is estimated at % CAGR for the next seven-year period.
The main consumer countries of HSS metal cutting tools are the United States, Japan, China, Europe and other countries and regions. These regions account for more than 84 per cent of the global market. Among them, China is the world's largest consumer market, accounting for more than 40% of global sales market.
The main HSS metal cutting tool manufacturers in the market include Sandvik, Far East Tools, etc. The global top ten enterprises account for nearly 45% of the market, and the domestic top three enterprises account for more than 28%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HSS Cutting Tools, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HSS Cutting Tools market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HSS Cutting Tools market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HSS Cutting Tools sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HSS Cutting Tools covered in this report include Sandvik, OSG, MMC, Kennametal, TDC Cutting Tools, Shanghai Tool Works, NACHI-FUJIKOSHI, YG-1 and Tiangong International Company, etc.
The global HSS Cutting Tools market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sandvik
OSG
MMC
Kennametal
TDC Cutting Tools
Shanghai Tool Works
NACHI-FUJIKOSHI
YG-1
Tiangong International Company
Chinachengliang
HMCT Group
HYGZT
Global HSS Cutting Tools market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HSS Cutting Tools market, Segment by Type:
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Gear Cutting Tools
Others
Global HSS Cutting Tools market, by Application
Automobile
Machinery
Energy
Rail Transport & Aircraft
Medical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HSS Cutting Tools manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HSS Cutting Tools in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Cutting tools are tools used for cutting in machinery manufacturing. Most cutters are machine - made. Since the tools used in mechanical manufacturing are basically used to cut metal materials, it is generally understood as metal cutting tools.
This report mainly introduces HSS metal cutting tools, including milling tools, hole cutting tools, thread cutting tools, gear tools, etc.
The global HSS Cutting Tools market size is expected to reach US$ 4903.3 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is mainly driven by the significant applications of HSS Cutting Tools in various end use industries. The expanding demands from the Automobile, Machinery, Energy and Rail Transport & Aircraft, are propelling HSS Cutting Tools market. HSS Milling Tools, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the HSS Drilling Tools segment is estimated at % CAGR for the next seven-year period.
The main consumer countries of HSS metal cutting tools are the United States, Japan, China, Europe and other countries and regions. These regions account for more than 84 per cent of the global market. Among them, China is the world's largest consumer market, accounting for more than 40% of global sales market.
The main HSS metal cutting tool manufacturers in the market include Sandvik, Far East Tools, etc. The global top ten enterprises account for nearly 45% of the market, and the domestic top three enterprises account for more than 28%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HSS Cutting Tools, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HSS Cutting Tools market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HSS Cutting Tools market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HSS Cutting Tools sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HSS Cutting Tools covered in this report include Sandvik, OSG, MMC, Kennametal, TDC Cutting Tools, Shanghai Tool Works, NACHI-FUJIKOSHI, YG-1 and Tiangong International Company, etc.
The global HSS Cutting Tools market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sandvik
OSG
MMC
Kennametal
TDC Cutting Tools
Shanghai Tool Works
NACHI-FUJIKOSHI
YG-1
Tiangong International Company
Chinachengliang
HMCT Group
HYGZT
Global HSS Cutting Tools market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HSS Cutting Tools market, Segment by Type:
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Gear Cutting Tools
Others
Global HSS Cutting Tools market, by Application
Automobile
Machinery
Energy
Rail Transport & Aircraft
Medical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HSS Cutting Tools manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HSS Cutting Tools in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 HSS Cutting Tools Market Overview
1.1 HSS Cutting Tools Product Overview
1.2 HSS Cutting Tools Market Segment by Type
1.2.1 HSS Milling Tools
1.2.2 HSS Drilling Tools
1.2.3 HSS Tapping Tools
1.2.4 HSS Gear Cutting Tools
1.2.5 Others
1.3 Global HSS Cutting Tools Market Size by Type
1.3.1 Global HSS Cutting Tools Market Size Overview by Type (2018-2029)
1.3.2 Global HSS Cutting Tools Historic Market Size Review by Type (2018-2023)
1.3.3 Global HSS Cutting Tools Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America HSS Cutting Tools Sales Breakdown by Type (2018-2023)
1.4.2 Europe HSS Cutting Tools Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific HSS Cutting Tools Sales Breakdown by Type (2018-2023)
1.4.4 Latin America HSS Cutting Tools Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa HSS Cutting Tools Sales Breakdown by Type (2018-2023)
2 Global HSS Cutting Tools Market Competition by Company
2.1 Global Top Players by HSS Cutting Tools Sales (2018-2023)
2.2 Global Top Players by HSS Cutting Tools Revenue (2018-2023)
2.3 Global Top Players by HSS Cutting Tools Price (2018-2023)
2.4 Global Top Manufacturers HSS Cutting Tools Manufacturing Base Distribution, Sales Area, Product Type
2.5 HSS Cutting Tools Market Competitive Situation and Trends
2.5.1 HSS Cutting Tools Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by HSS Cutting Tools Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in HSS Cutting Tools as of 2022)
2.7 Date of Key Manufacturers Enter into HSS Cutting Tools Market
2.8 Key Manufacturers HSS Cutting Tools Product Offered
2.9 Mergers & Acquisitions, Expansion
3 HSS Cutting Tools Status and Outlook by Region
3.1 Global HSS Cutting Tools Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global HSS Cutting Tools Historic Market Size by Region
3.2.1 Global HSS Cutting Tools Sales in Volume by Region (2018-2023)
3.2.2 Global HSS Cutting Tools Sales in Value by Region (2018-2023)
3.2.3 Global HSS Cutting Tools Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global HSS Cutting Tools Forecasted Market Size by Region
3.3.1 Global HSS Cutting Tools Sales in Volume by Region (2024-2029)
3.3.2 Global HSS Cutting Tools Sales in Value by Region (2024-2029)
3.3.3 Global HSS Cutting Tools Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global HSS Cutting Tools by Application
4.1 HSS Cutting Tools Market Segment by Application
4.1.1 Automobile
4.1.2 Machinery
4.1.3 Energy
4.1.4 Rail Transport & Aircraft
4.1.5 Medical
4.1.6 Others
4.2 Global HSS Cutting Tools Market Size by Application
4.2.1 Global HSS Cutting Tools Market Size Overview by Application (2018-2029)
4.2.2 Global HSS Cutting Tools Historic Market Size Review by Application (2018-2023)
4.2.3 Global HSS Cutting Tools Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America HSS Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.2 Europe HSS Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific HSS Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.4 Latin America HSS Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa HSS Cutting Tools Sales Breakdown by Application (2018-2023)
5 North America HSS Cutting Tools by Country
5.1 North America HSS Cutting Tools Historic Market Size by Country
5.1.1 North America HSS Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America HSS Cutting Tools Sales in Volume by Country (2018-2023)
5.1.3 North America HSS Cutting Tools Sales in Value by Country (2018-2023)
5.2 North America HSS Cutting Tools Forecasted Market Size by Country
5.2.1 North America HSS Cutting Tools Sales in Volume by Country (2024-2029)
5.2.2 North America HSS Cutting Tools Sales in Value by Country (2024-2029)
6 Europe HSS Cutting Tools by Country
6.1 Europe HSS Cutting Tools Historic Market Size by Country
6.1.1 Europe HSS Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe HSS Cutting Tools Sales in Volume by Country (2018-2023)
6.1.3 Europe HSS Cutting Tools Sales in Value by Country (2018-2023)
6.2 Europe HSS Cutting Tools Forecasted Market Size by Country
6.2.1 Europe HSS Cutting Tools Sales in Volume by Country (2024-2029)
6.2.2 Europe HSS Cutting Tools Sales in Value by Country (2024-2029)
7 Asia-Pacific HSS Cutting Tools by Region
7.1 Asia-Pacific HSS Cutting Tools Historic Market Size by Region
7.1.1 Asia-Pacific HSS Cutting Tools Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific HSS Cutting Tools Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific HSS Cutting Tools Sales in Value by Region (2018-2023)
7.2 Asia-Pacific HSS Cutting Tools Forecasted Market Size by Region
7.2.1 Asia-Pacific HSS Cutting Tools Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific HSS Cutting Tools Sales in Value by Region (2024-2029)
8 Latin America HSS Cutting Tools by Country
8.1 Latin America HSS Cutting Tools Historic Market Size by Country
8.1.1 Latin America HSS Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America HSS Cutting Tools Sales in Volume by Country (2018-2023)
8.1.3 Latin America HSS Cutting Tools Sales in Value by Country (2018-2023)
8.2 Latin America HSS Cutting Tools Forecasted Market Size by Country
8.2.1 Latin America HSS Cutting Tools Sales in Volume by Country (2024-2029)
8.2.2 Latin America HSS Cutting Tools Sales in Value by Country (2024-2029)
9 Middle East and Africa HSS Cutting Tools by Country
9.1 Middle East and Africa HSS Cutting Tools Historic Market Size by Country
9.1.1 Middle East and Africa HSS Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa HSS Cutting Tools Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa HSS Cutting Tools Sales in Value by Country (2018-2023)
9.2 Middle East and Africa HSS Cutting Tools Forecasted Market Size by Country
9.2.1 Middle East and Africa HSS Cutting Tools Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa HSS Cutting Tools Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sandvik
10.1.1 Sandvik Company Information
10.1.2 Sandvik Introduction and Business Overview
10.1.3 Sandvik HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sandvik HSS Cutting Tools Products Offered
10.1.5 Sandvik Recent Development
10.2 OSG
10.2.1 OSG Company Information
10.2.2 OSG Introduction and Business Overview
10.2.3 OSG HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.2.4 OSG HSS Cutting Tools Products Offered
10.2.5 OSG Recent Development
10.3 MMC
10.3.1 MMC Company Information
10.3.2 MMC Introduction and Business Overview
10.3.3 MMC HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.3.4 MMC HSS Cutting Tools Products Offered
10.3.5 MMC Recent Development
10.4 Kennametal
10.4.1 Kennametal Company Information
10.4.2 Kennametal Introduction and Business Overview
10.4.3 Kennametal HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Kennametal HSS Cutting Tools Products Offered
10.4.5 Kennametal Recent Development
10.5 TDC Cutting Tools
10.5.1 TDC Cutting Tools Company Information
10.5.2 TDC Cutting Tools Introduction and Business Overview
10.5.3 TDC Cutting Tools HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TDC Cutting Tools HSS Cutting Tools Products Offered
10.5.5 TDC Cutting Tools Recent Development
10.6 Shanghai Tool Works
10.6.1 Shanghai Tool Works Company Information
10.6.2 Shanghai Tool Works Introduction and Business Overview
10.6.3 Shanghai Tool Works HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shanghai Tool Works HSS Cutting Tools Products Offered
10.6.5 Shanghai Tool Works Recent Development
10.7 NACHI-FUJIKOSHI
10.7.1 NACHI-FUJIKOSHI Company Information
10.7.2 NACHI-FUJIKOSHI Introduction and Business Overview
10.7.3 NACHI-FUJIKOSHI HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.7.4 NACHI-FUJIKOSHI HSS Cutting Tools Products Offered
10.7.5 NACHI-FUJIKOSHI Recent Development
10.8 YG-1
10.8.1 YG-1 Company Information
10.8.2 YG-1 Introduction and Business Overview
10.8.3 YG-1 HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.8.4 YG-1 HSS Cutting Tools Products Offered
10.8.5 YG-1 Recent Development
10.9 Tiangong International Company
10.9.1 Tiangong International Company Company Information
10.9.2 Tiangong International Company Introduction and Business Overview
10.9.3 Tiangong International Company HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Tiangong International Company HSS Cutting Tools Products Offered
10.9.5 Tiangong International Company Recent Development
10.10 Chinachengliang
10.10.1 Chinachengliang Company Information
10.10.2 Chinachengliang Introduction and Business Overview
10.10.3 Chinachengliang HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Chinachengliang HSS Cutting Tools Products Offered
10.10.5 Chinachengliang Recent Development
10.11 HMCT Group
10.11.1 HMCT Group Company Information
10.11.2 HMCT Group Introduction and Business Overview
10.11.3 HMCT Group HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.11.4 HMCT Group HSS Cutting Tools Products Offered
10.11.5 HMCT Group Recent Development
10.12 HYGZT
10.12.1 HYGZT Company Information
10.12.2 HYGZT Introduction and Business Overview
10.12.3 HYGZT HSS Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.12.4 HYGZT HSS Cutting Tools Products Offered
10.12.5 HYGZT Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 HSS Cutting Tools Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 HSS Cutting Tools Industrial Chain Analysis
11.4 HSS Cutting Tools Market Dynamics
11.4.1 HSS Cutting Tools Industry Trends
11.4.2 HSS Cutting Tools Market Drivers
11.4.3 HSS Cutting Tools Market Challenges
11.4.4 HSS Cutting Tools Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 HSS Cutting Tools Distributors
12.3 HSS Cutting Tools Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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