Metal Cutting Tools Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, India, Germany - Size and Forecast 2024-2028
| Published: Dec 2023 | Pages: 180 | SKU: IRTNTR43164 |
Metal Cutting Tools Market Forecast 2024-2028
The metal-cutting tools market size is estimated to grow by USD 7.26 billion at a CAGR of 5.86% between 2023 and 2028. The growth of the market depends on several factors such as increasing demand for metal parts in major end-user industries, growing market for high-speed steel-cutting tools, and increasing need to develop superior-quality products.
The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
What will be the Size of the Metal Cutting Tools Market During the Forecast Period?
Market Forecast 2024-2028
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Market Dynamic
Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.
Key Driver- Increasing demand for metal parts in major end-user industries
Metal forming plays a crucial role in the automotive, aerospace, and defense industries. Most passenger cars produced in high volumes are made of metal. They are the major raw materials used in these industries as they can easily be transformed and made into shapes as per the application requirements. Further, companies that manufacture aircraft use specialized high-strength, lightweight alloys to manufacture aircraft components and bodies. The high focus on safety makes it necessary that even the smallest fabricated metal parts used to build aerospace components have a high tolerance and meet stringent quality standards.
However, all metal parts used in aircraft must be durable and withstand fluctuations in pressure and temperatures, which are created during flight. The increasing investments in the automotive and aerospace, and defense industries have raised the demand. All these factors will contribute a steady growth for the market during the forecast period.
Major Trends- Increasing Popularity of Additive Manufacturing
The manufacturing industry has witnessed the advent of a revolutionary technology known as 3D printing. 3D printing, also known as additive manufacturing, is the process of creating three-dimensional objects using a digital file. The process usually involves building the product in thin layers one by one. 3D printing enables the production of complex geometries that are either arduous or impossible with traditional manufacturing techniques. Further, the initial cost of 3D printers is significantly high, but the continuous use of this technology can gradually reduce the incremental unit costs for manufacturers.
Moreover, the use of 3D printing can result in the manufacturing of parts that are significantly cheaper than the ones manufactured traditionally, thus offsetting the high initial costs. Therefore, further improvements in 3D printing technology and its increased adoption will lead to a complete shift in the way manufacturing is done and strengthen the market growth. Hence, additive manufacturing technology will contribute to high growth of the market during the forecast period.
Significant Challenge - Fluctuating raw material prices
The capital requirement of the cutting tool manufacturers is required to provide advanced and innovative in the market, which has grown considerably. Inputs such as iron and steel, aluminum, stainless steel, titanium, brass, copper, and other alloys are necessary to manufacture machine tools for drilling, boring, lathes, gear cutting, grinding, and polishing machines. These raw materials account for about 48% of the overall manufacturing cost of machine tools, while labor costs account for about 27%. According to the National Investment and Facilitation Agency, from April through February of FY23, India's total output of crude steel was 113.44 million tons (MT), its total consumption of finished steel was 107.20 MT, and its total production of finished steel was 109.35 MT.
However, there is a high probability of fluctuation in prices because of the high demand for steel across various industries. The fluctuating raw material prices disrupt the pricing strategy of machine tool manufacturers. In addition, the necessity to train the workforce increases the cost to the companies. Manufacturers also incur additional costs for hiring consultants or design specialists which will hurt market growth. Such factors are expected to limit the market.
Market Segmentation by Product, Application and Geography
Product Segment Analysis:
The market share growth by the milling tools segment will be significant during the forecast period. These are often known as milling cutters, are used in milling machines for milling operations. Milling cutters are available in various types, such as slitting cutters, milling cutters, end mills, and gear cutters. They all are used for different sets of applications.
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The milling tools segment was the largest and was valued at USD 2.25 billion in 2018. Because high-speed, it provide an affordable means of boosting productivity for machine shops of all sizes, there will be a greater demand for milling tools during the forecast period. Even manufacturers of specialized products, like those who finish dies and moulds or use HSM to make EDM electrodes, have discovered that this machining process reduces production costs, enhances quality, and shortens production times. Further, HSM was first mainly utilized in the die/mold business, but it is now much more commonly employed in a variety of other industries, such as aerospace, automotive, micromachining, and general and precision machining. Thus, owing to the abovementioned factors, the segment is expected to grow, which, in turn, will drive the growth of the market during the forecast period.
Application Segment Analysis:
Based on application, the market has been segmented into automotive, construction, industrial, aerospace and defense. The automotive segment will account for the largest share of this segment.? The automotive industry is the primary user of metal cutting machines, which are used to cut metal parts deployed in almost every system of automotive vehicles, ranging from fuel delivery systems to airbag components. Technological advances, fueled by the implementation of stringent emission norms and the increasing demand for fuel efficiency, have boosted the demand for lightweight metal parts, such as aluminium and titanium, in passenger vehicles. Such factors increase the demand for metal cutting machines which will drive the market during the forecast period.
Regional Analysis
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APAC is estimated to contribute 47% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The regional steel cutting tools market is expected to grow steadily owing to the need for new residential and commercial infrastructure for the expanding urban population base. Commercial and residential constructions are growing significantly in the emerging economies of the region. The Government of India allocated USD 7.2 billion for implementing the Smart Cities Mission. Cities selected for the mission have a combined population of 130 million, equating to 35% of the country's urban population. The government selected 23 cities in the first phase and planned to increase the number to 100 in the next phase.
In addition, the recent policy announcements from Beijing led to an increase in the IMF's prediction. The IMF, however, nevertheless predicted that GDP would drop to 4.6% in 2019 as a result of the real estate market's ongoing downturn and the weakening of external demand. China is the largest consumer in the APAC region. The above factor will negatively affect the market during the forecast period.
Who are the Major Metal Cutting Tools Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AMADA Co. Ltd - The company offers metal cutting tools named as HPSAW 310 Band Saw Machine.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including AMADA Co. Ltd., Amalgamations Group, Berkenhoff GmbH, CERATIZIT SA, Colfax Corp., DMG MORI Co. Ltd., FANUC Corp., Gedik Welding Inc., Illinois Tool Works Inc., IPG Photonics Corp., Jenoptik AG, Jinan SENFENG Technology Co. Ltd, Kobe Steel Ltd., Laserline GmbH, Mitsubishi Electric Corp., Sandvik AB, Schlatter Industries AG, The Lincoln Electric Co., TRUMPF SE Co. KG, and Manufacturing Technology Inc.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- Product Outlook
- Milling tools
- Drilling tools
- Other tools
- Application Outlook
- Automotive
- Construction
- Industrial
- Aerospace and defense
- Others
- Region Outlook
- North America
- The U.S.
- Canada
- South America
- Chile
- Brazil
- Argentina
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview
The Market is driven by the demand for tools and equipment used in manufacturing metal components. These include handheld devices such as saws, grinders, and shears, as well as specialized machines like CNC machines. The market focuses on waste reduction and quality improvement in metal cutting processes.
Advanced technologies like the Automated Virtual Metrology (AVM) system enable real-time quality assurance, enhancing the precision and efficiency of metal cutting equipment. As industries strive for greater efficiency and precision in metal cutting operations, the market for metal cutting tools continues to evolve with innovative solutions to meet these demands.
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Metal Cutting Tools Market Scope |
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Report Coverage |
Details |
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Page number |
180 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.86% |
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Market Growth 2024-2028 |
USD 7.26 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.9 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 47% |
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Key countries |
US, China, Japan, India, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AMADA Co. Ltd., Amalgamations Group, Berkenhoff GmbH, CERATIZIT SA, Colfax Corp., DMG MORI Co. Ltd., FANUC Corp., Gedik Welding Inc., Illinois Tool Works Inc., IPG Photonics Corp., Jenoptik AG, Jinan SENFENG Technology Co. Ltd, Kobe Steel Ltd., Laserline GmbH, Mitsubishi Electric Corp., Sandvik AB, Schlatter Industries AG, The Lincoln Electric Co., TRUMPF SE Co. KG, and Manufacturing Technology Inc. |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2024 and 2028
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global metal cutting tools market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global metal cutting tools market 2018 - 2022 ($ billion)
- 4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
- 4.3 Application Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Milling tools - Market size and forecast 2023-2028
- Exhibit 34: Chart on Milling tools - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Milling tools - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Milling tools - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Milling tools - Year-over-year growth 2023-2028 (%)
- 6.4 Drilling tools - Market size and forecast 2023-2028
- Exhibit 38: Chart on Drilling tools - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Drilling tools - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Drilling tools - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Drilling tools - Year-over-year growth 2023-2028 (%)
- 6.5 Other tools - Market size and forecast 2023-2028
- Exhibit 42: Chart on Other tools - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Other tools - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Other tools - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Other tools - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ billion)
- Exhibit 47: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 48: Chart on Application - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Exhibit 50: Chart on Comparison by Application
- Exhibit 51: Data Table on Comparison by Application
- 7.3 Automotive - Market size and forecast 2023-2028
- Exhibit 52: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Automotive - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- 7.4 Construction - Market size and forecast 2023-2028
- Exhibit 56: Chart on Construction - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Construction - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Construction - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Construction - Year-over-year growth 2023-2028 (%)
- 7.5 Industrial - Market size and forecast 2023-2028
- Exhibit 60: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Industrial - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
- 7.6 Aerospace and defense - Market size and forecast 2023-2028
- Exhibit 64: Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)
- 7.7 Others - Market size and forecast 2023-2028
- Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.8 Market opportunity by Application
- Exhibit 72: Market opportunity by Application ($ billion)
- Exhibit 73: Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 North America - Market size and forecast 2023-2028
- Exhibit 87: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Japan - Market size and forecast 2023-2028
- Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.11 India - Market size and forecast 2023-2028
- Exhibit 111: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.12 Germany - Market size and forecast 2023-2028
- Exhibit 115: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 116: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 117: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 118: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ billion)
- Exhibit 120: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 124: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 125: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification
- 12.3 AMADA Co. Ltd.
- Exhibit 127: AMADA Co. Ltd. - Overview
- Exhibit 128: AMADA Co. Ltd. - Business segments
- Exhibit 129: AMADA Co. Ltd. - Key offerings
- Exhibit 130: AMADA Co. Ltd. - Segment focus
- 12.4 Berkenhoff GmbH
- Exhibit 131: Berkenhoff GmbH - Overview
- Exhibit 132: Berkenhoff GmbH - Product / Service
- Exhibit 133: Berkenhoff GmbH - Key offerings
- 12.5 Colfax Corp.
- Exhibit 134: Colfax Corp. - Overview
- Exhibit 135: Colfax Corp. - Product / Service
- Exhibit 136: Colfax Corp. - Key offerings
- 12.6 DMG MORI Co. Ltd.
- Exhibit 137: DMG MORI Co. Ltd. - Overview
- Exhibit 138: DMG MORI Co. Ltd. - Business segments
- Exhibit 139: DMG MORI Co. Ltd. - Key offerings
- Exhibit 140: DMG MORI Co. Ltd. - Segment focus
- 12.7 FANUC Corp.
- Exhibit 141: FANUC Corp. - Overview
- Exhibit 142: FANUC Corp. - Product / Service
- Exhibit 143: FANUC Corp. - Key offerings
- 12.8 Gedik Welding Inc.
- Exhibit 144: Gedik Welding Inc. - Overview
- Exhibit 145: Gedik Welding Inc. - Product / Service
- Exhibit 146: Gedik Welding Inc. - Key offerings
- 12.9 Illinois Tool Works Inc.
- Exhibit 147: Illinois Tool Works Inc. - Overview
- Exhibit 148: Illinois Tool Works Inc. - Business segments
- Exhibit 149: Illinois Tool Works Inc. - Key news
- Exhibit 150: Illinois Tool Works Inc. - Key offerings
- Exhibit 151: Illinois Tool Works Inc. - Segment focus
- 12.10 IPG Photonics Corp.
- Exhibit 152: IPG Photonics Corp. - Overview
- Exhibit 153: IPG Photonics Corp. - Product / Service
- Exhibit 154: IPG Photonics Corp. - Key offerings
- 12.11 Jenoptik AG
- Exhibit 155: Jenoptik AG - Overview
- Exhibit 156: Jenoptik AG - Business segments
- Exhibit 157: Jenoptik AG - Key news
- Exhibit 158: Jenoptik AG - Key offerings
- Exhibit 159: Jenoptik AG - Segment focus
- 12.12 Jinan SENFENG Technology Co. Ltd
- Exhibit 160: Jinan SENFENG Technology Co. Ltd - Overview
- Exhibit 161: Jinan SENFENG Technology Co. Ltd - Product / Service
- Exhibit 162: Jinan SENFENG Technology Co. Ltd - Key offerings
- 12.13 Kobe Steel Ltd.
- Exhibit 163: Kobe Steel Ltd. - Overview
- Exhibit 164: Kobe Steel Ltd. - Business segments
- Exhibit 165: Kobe Steel Ltd. - Key offerings
- Exhibit 166: Kobe Steel Ltd. - Segment focus
- 12.14 Laserline GmbH
- Exhibit 167: Laserline GmbH - Overview
- Exhibit 168: Laserline GmbH - Product / Service
- Exhibit 169: Laserline GmbH - Key offerings
- 12.15 Mitsubishi Electric Corp.
- Exhibit 170: Mitsubishi Electric Corp. - Overview
- Exhibit 171: Mitsubishi Electric Corp. - Business segments
- Exhibit 172: Mitsubishi Electric Corp. - Key news
- Exhibit 173: Mitsubishi Electric Corp. - Key offerings
- Exhibit 174: Mitsubishi Electric Corp. - Segment focus
- 12.16 Sandvik AB
- Exhibit 175: Sandvik AB - Overview
- Exhibit 176: Sandvik AB - Business segments
- Exhibit 177: Sandvik AB - Key news
- Exhibit 178: Sandvik AB - Key offerings
- Exhibit 179: Sandvik AB - Segment focus
- 12.17 TRUMPF SE Co. KG
- Exhibit 180: TRUMPF SE Co. KG - Overview
- Exhibit 181: TRUMPF SE Co. KG - Product / Service
- Exhibit 182: TRUMPF SE Co. KG - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 183: Inclusions checklist
- Exhibit 184: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 185: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 186: Research methodology
- Exhibit 187: Validation techniques employed for market sizing
- Exhibit 188: Information sources
- 13.5 List of abbreviations
- Exhibit 189: List of abbreviations
- Exhibit 189: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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metal cutting tools market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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