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Global Groove Milling Tools Market Research Report 2025
Synopsis
Groove milling is an interrupted cutting operation, so the chips typically break into manageable sizes.
The global Groove Milling Tools market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Groove Milling Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Groove Milling Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Groove Milling Tools include Sandvik, Premier Form Tools, Carmex Precision Tools, VARGUS, RIME, Mircona, Tungaloy, Fanar and CeramTec, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
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.
Report Scope
The Groove Milling Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Groove Milling Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Groove Milling Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
Premier Form Tools
Carmex Precision Tools
VARGUS
RIME
Mircona
Tungaloy
Fanar
CeramTec
Seco Tools
Fraisa
Kyocera
Sumitomo
ISCAR Cutting Tools
Horn Cutting Tools
Segment by Type
External Grooving
Internal Grooving
Segment by Application
General Use
Stainless Steel Cut
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Groove Milling Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Groove Milling Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Groove milling is an interrupted cutting operation, so the chips typically break into manageable sizes.
The global Groove Milling Tools market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Groove Milling Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Groove Milling Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Groove Milling Tools include Sandvik, Premier Form Tools, Carmex Precision Tools, VARGUS, RIME, Mircona, Tungaloy, Fanar and CeramTec, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
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.
Report Scope
The Groove Milling Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Groove Milling Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Groove Milling Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
Premier Form Tools
Carmex Precision Tools
VARGUS
RIME
Mircona
Tungaloy
Fanar
CeramTec
Seco Tools
Fraisa
Kyocera
Sumitomo
ISCAR Cutting Tools
Horn Cutting Tools
Segment by Type
External Grooving
Internal Grooving
Segment by Application
General Use
Stainless Steel Cut
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Groove Milling Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Groove Milling Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Groove Milling Tools Market Overview
1.1 Product Definition
1.2 Groove Milling Tools Segment by Type
1.2.1 Global Groove Milling Tools Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 External Grooving
1.2.3 Internal Grooving
1.3 Groove Milling Tools Segment by Application
1.3.1 Global Groove Milling Tools Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 General Use
1.3.3 Stainless Steel Cut
1.4 Global Market Growth Prospects
1.4.1 Global Groove Milling Tools Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Groove Milling Tools Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Groove Milling Tools Production Estimates and Forecasts (2019-2030)
1.4.4 Global Groove Milling Tools Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Groove Milling Tools Production Market Share by Manufacturers (2019-2024)
2.2 Global Groove Milling Tools Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Groove Milling Tools, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Groove Milling Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Groove Milling Tools Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Groove Milling Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Groove Milling Tools, Product Offered and Application
2.8 Global Key Manufacturers of Groove Milling Tools, Date of Enter into This Industry
2.9 Groove Milling Tools Market Competitive Situation and Trends
2.9.1 Groove Milling Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest Groove Milling Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Groove Milling Tools Production by Region
3.1 Global Groove Milling Tools Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Groove Milling Tools Production Value by Region (2019-2030)
3.2.1 Global Groove Milling Tools Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Groove Milling Tools by Region (2025-2030)
3.3 Global Groove Milling Tools Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Groove Milling Tools Production by Region (2019-2030)
3.4.1 Global Groove Milling Tools Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Groove Milling Tools by Region (2025-2030)
3.5 Global Groove Milling Tools Market Price Analysis by Region (2019-2024)
3.6 Global Groove Milling Tools Production and Value, Year-over-Year Growth
3.6.1 North America Groove Milling Tools Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Groove Milling Tools Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Groove Milling Tools Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Groove Milling Tools Production Value Estimates and Forecasts (2019-2030)
4 Groove Milling Tools Consumption by Region
4.1 Global Groove Milling Tools Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Groove Milling Tools Consumption by Region (2019-2030)
4.2.1 Global Groove Milling Tools Consumption by Region (2019-2024)
4.2.2 Global Groove Milling Tools Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Groove Milling Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Groove Milling Tools Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Groove Milling Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Groove Milling Tools Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Groove Milling Tools Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Groove Milling Tools Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Groove Milling Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Groove Milling Tools Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Groove Milling Tools Production by Type (2019-2030)
5.1.1 Global Groove Milling Tools Production by Type (2019-2024)
5.1.2 Global Groove Milling Tools Production by Type (2025-2030)
5.1.3 Global Groove Milling Tools Production Market Share by Type (2019-2030)
5.2 Global Groove Milling Tools Production Value by Type (2019-2030)
5.2.1 Global Groove Milling Tools Production Value by Type (2019-2024)
5.2.2 Global Groove Milling Tools Production Value by Type (2025-2030)
5.2.3 Global Groove Milling Tools Production Value Market Share by Type (2019-2030)
5.3 Global Groove Milling Tools Price by Type (2019-2030)
6 Segment by Application
6.1 Global Groove Milling Tools Production by Application (2019-2030)
6.1.1 Global Groove Milling Tools Production by Application (2019-2024)
6.1.2 Global Groove Milling Tools Production by Application (2025-2030)
6.1.3 Global Groove Milling Tools Production Market Share by Application (2019-2030)
6.2 Global Groove Milling Tools Production Value by Application (2019-2030)
6.2.1 Global Groove Milling Tools Production Value by Application (2019-2024)
6.2.2 Global Groove Milling Tools Production Value by Application (2025-2030)
6.2.3 Global Groove Milling Tools Production Value Market Share by Application (2019-2030)
6.3 Global Groove Milling Tools Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik
7.1.1 Sandvik Groove Milling Tools Corporation Information
7.1.2 Sandvik Groove Milling Tools Product Portfolio
7.1.3 Sandvik Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik Main Business and Markets Served
7.1.5 Sandvik Recent Developments/Updates
7.2 Premier Form Tools
7.2.1 Premier Form Tools Groove Milling Tools Corporation Information
7.2.2 Premier Form Tools Groove Milling Tools Product Portfolio
7.2.3 Premier Form Tools Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Premier Form Tools Main Business and Markets Served
7.2.5 Premier Form Tools Recent Developments/Updates
7.3 Carmex Precision Tools
7.3.1 Carmex Precision Tools Groove Milling Tools Corporation Information
7.3.2 Carmex Precision Tools Groove Milling Tools Product Portfolio
7.3.3 Carmex Precision Tools Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Carmex Precision Tools Main Business and Markets Served
7.3.5 Carmex Precision Tools Recent Developments/Updates
7.4 VARGUS
7.4.1 VARGUS Groove Milling Tools Corporation Information
7.4.2 VARGUS Groove Milling Tools Product Portfolio
7.4.3 VARGUS Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.4.4 VARGUS Main Business and Markets Served
7.4.5 VARGUS Recent Developments/Updates
7.5 RIME
7.5.1 RIME Groove Milling Tools Corporation Information
7.5.2 RIME Groove Milling Tools Product Portfolio
7.5.3 RIME Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.5.4 RIME Main Business and Markets Served
7.5.5 RIME Recent Developments/Updates
7.6 Mircona
7.6.1 Mircona Groove Milling Tools Corporation Information
7.6.2 Mircona Groove Milling Tools Product Portfolio
7.6.3 Mircona Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Mircona Main Business and Markets Served
7.6.5 Mircona Recent Developments/Updates
7.7 Tungaloy
7.7.1 Tungaloy Groove Milling Tools Corporation Information
7.7.2 Tungaloy Groove Milling Tools Product Portfolio
7.7.3 Tungaloy Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Tungaloy Main Business and Markets Served
7.7.5 Tungaloy Recent Developments/Updates
7.8 Fanar
7.8.1 Fanar Groove Milling Tools Corporation Information
7.8.2 Fanar Groove Milling Tools Product Portfolio
7.8.3 Fanar Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Fanar Main Business and Markets Served
7.7.5 Fanar Recent Developments/Updates
7.9 CeramTec
7.9.1 CeramTec Groove Milling Tools Corporation Information
7.9.2 CeramTec Groove Milling Tools Product Portfolio
7.9.3 CeramTec Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.9.4 CeramTec Main Business and Markets Served
7.9.5 CeramTec Recent Developments/Updates
7.10 Seco Tools
7.10.1 Seco Tools Groove Milling Tools Corporation Information
7.10.2 Seco Tools Groove Milling Tools Product Portfolio
7.10.3 Seco Tools Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Seco Tools Main Business and Markets Served
7.10.5 Seco Tools Recent Developments/Updates
7.11 Fraisa
7.11.1 Fraisa Groove Milling Tools Corporation Information
7.11.2 Fraisa Groove Milling Tools Product Portfolio
7.11.3 Fraisa Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Fraisa Main Business and Markets Served
7.11.5 Fraisa Recent Developments/Updates
7.12 Kyocera
7.12.1 Kyocera Groove Milling Tools Corporation Information
7.12.2 Kyocera Groove Milling Tools Product Portfolio
7.12.3 Kyocera Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Kyocera Main Business and Markets Served
7.12.5 Kyocera Recent Developments/Updates
7.13 Sumitomo
7.13.1 Sumitomo Groove Milling Tools Corporation Information
7.13.2 Sumitomo Groove Milling Tools Product Portfolio
7.13.3 Sumitomo Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Sumitomo Main Business and Markets Served
7.13.5 Sumitomo Recent Developments/Updates
7.14 ISCAR Cutting Tools
7.14.1 ISCAR Cutting Tools Groove Milling Tools Corporation Information
7.14.2 ISCAR Cutting Tools Groove Milling Tools Product Portfolio
7.14.3 ISCAR Cutting Tools Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.14.4 ISCAR Cutting Tools Main Business and Markets Served
7.14.5 ISCAR Cutting Tools Recent Developments/Updates
7.15 Horn Cutting Tools
7.15.1 Horn Cutting Tools Groove Milling Tools Corporation Information
7.15.2 Horn Cutting Tools Groove Milling Tools Product Portfolio
7.15.3 Horn Cutting Tools Groove Milling Tools Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Horn Cutting Tools Main Business and Markets Served
7.15.5 Horn Cutting Tools Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Groove Milling Tools Industry Chain Analysis
8.2 Groove Milling Tools Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Groove Milling Tools Production Mode & Process
8.4 Groove Milling Tools Sales and Marketing
8.4.1 Groove Milling Tools Sales Channels
8.4.2 Groove Milling Tools Distributors
8.5 Groove Milling Tools Customers
9 Groove Milling Tools Market Dynamics
9.1 Groove Milling Tools Industry Trends
9.2 Groove Milling Tools Market Drivers
9.3 Groove Milling Tools Market Challenges
9.4 Groove Milling Tools Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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