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Global HSS Metal Cutting Tools Market Research Report 2025
Synopsis
Tooling is important part of the manufacturing process since machine tools are used to bore, grind, mill, tap, and form, drill, cut, shape, cut and cast, determine the quality of manufactured product.
The global HSS Metal Cutting Tools market was valued at US$ 4060 million in 2023 and is anticipated to reach US$ 4889 million by 2030, witnessing a CAGR of 2.7% during the forecast period 2024-2030.
Major Key factors contributing to the growth of this market is increasing requirement to develop superior quality products. The Global High Speed Steel Metal Cutting Tools market has been witnessing a reduction in cost of high speed steel metal-cutting tools. However, growing preference for the carbide metal-cutting tools acts as a challenge to growth of this market.
This report aims to provide a comprehensive presentation of the global market for HSS Metal Cutting 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 HSS Metal Cutting Tools.
Report Scope
The HSS Metal Cutting 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 HSS Metal Cutting 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 HSS Metal Cutting 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
Kennametal
LMT Onsrud
NACHI-FUJIKOSHI
OSG
Sandvik Coromant
Segment by Type
Milling Tools
Drilling Tools
Tapping Tools
Segment by Application
Automobile Industry
Aircraft Industry
Oil & Gas Industry
Machinery Industry
Shipping Building Industry
Rail Transport Industry
Others
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 HSS Metal Cutting Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HSS Metal Cutting 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 HSS Metal Cutting 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.
Tooling is important part of the manufacturing process since machine tools are used to bore, grind, mill, tap, and form, drill, cut, shape, cut and cast, determine the quality of manufactured product.
The global HSS Metal Cutting Tools market was valued at US$ 4060 million in 2023 and is anticipated to reach US$ 4889 million by 2030, witnessing a CAGR of 2.7% during the forecast period 2024-2030.
Major Key factors contributing to the growth of this market is increasing requirement to develop superior quality products. The Global High Speed Steel Metal Cutting Tools market has been witnessing a reduction in cost of high speed steel metal-cutting tools. However, growing preference for the carbide metal-cutting tools acts as a challenge to growth of this market.
This report aims to provide a comprehensive presentation of the global market for HSS Metal Cutting 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 HSS Metal Cutting Tools.
Report Scope
The HSS Metal Cutting 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 HSS Metal Cutting 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 HSS Metal Cutting 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
Kennametal
LMT Onsrud
NACHI-FUJIKOSHI
OSG
Sandvik Coromant
Segment by Type
Milling Tools
Drilling Tools
Tapping Tools
Segment by Application
Automobile Industry
Aircraft Industry
Oil & Gas Industry
Machinery Industry
Shipping Building Industry
Rail Transport Industry
Others
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 HSS Metal Cutting Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HSS Metal Cutting 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 HSS Metal Cutting 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 HSS Metal Cutting Tools Market Overview
1.1 Product Definition
1.2 HSS Metal Cutting Tools Segment by Type
1.2.1 Global HSS Metal Cutting Tools Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Milling Tools
1.2.3 Drilling Tools
1.2.4 Tapping Tools
1.3 HSS Metal Cutting Tools Segment by Application
1.3.1 Global HSS Metal Cutting Tools Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automobile Industry
1.3.3 Aircraft Industry
1.3.4 Oil & Gas Industry
1.3.5 Machinery Industry
1.3.6 Shipping Building Industry
1.3.7 Rail Transport Industry
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global HSS Metal Cutting Tools Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global HSS Metal Cutting Tools Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global HSS Metal Cutting Tools Production Estimates and Forecasts (2019-2030)
1.4.4 Global HSS Metal Cutting Tools Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HSS Metal Cutting Tools Production Market Share by Manufacturers (2019-2024)
2.2 Global HSS Metal Cutting Tools Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of HSS Metal Cutting Tools, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global HSS Metal Cutting Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global HSS Metal Cutting Tools Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of HSS Metal Cutting Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HSS Metal Cutting Tools, Product Offered and Application
2.8 Global Key Manufacturers of HSS Metal Cutting Tools, Date of Enter into This Industry
2.9 HSS Metal Cutting Tools Market Competitive Situation and Trends
2.9.1 HSS Metal Cutting Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest HSS Metal Cutting Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HSS Metal Cutting Tools Production by Region
3.1 Global HSS Metal Cutting Tools Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global HSS Metal Cutting Tools Production Value by Region (2019-2030)
3.2.1 Global HSS Metal Cutting Tools Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of HSS Metal Cutting Tools by Region (2025-2030)
3.3 Global HSS Metal Cutting Tools Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global HSS Metal Cutting Tools Production by Region (2019-2030)
3.4.1 Global HSS Metal Cutting Tools Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of HSS Metal Cutting Tools by Region (2025-2030)
3.5 Global HSS Metal Cutting Tools Market Price Analysis by Region (2019-2024)
3.6 Global HSS Metal Cutting Tools Production and Value, Year-over-Year Growth
3.6.1 North America HSS Metal Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe HSS Metal Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.3 China HSS Metal Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan HSS Metal Cutting Tools Production Value Estimates and Forecasts (2019-2030)
4 HSS Metal Cutting Tools Consumption by Region
4.1 Global HSS Metal Cutting Tools Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global HSS Metal Cutting Tools Consumption by Region (2019-2030)
4.2.1 Global HSS Metal Cutting Tools Consumption by Region (2019-2024)
4.2.2 Global HSS Metal Cutting Tools Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America HSS Metal Cutting Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America HSS Metal Cutting Tools Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe HSS Metal Cutting Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe HSS Metal Cutting 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 HSS Metal Cutting Tools Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific HSS Metal Cutting 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 HSS Metal Cutting Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa HSS Metal Cutting 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 HSS Metal Cutting Tools Production by Type (2019-2030)
5.1.1 Global HSS Metal Cutting Tools Production by Type (2019-2024)
5.1.2 Global HSS Metal Cutting Tools Production by Type (2025-2030)
5.1.3 Global HSS Metal Cutting Tools Production Market Share by Type (2019-2030)
5.2 Global HSS Metal Cutting Tools Production Value by Type (2019-2030)
5.2.1 Global HSS Metal Cutting Tools Production Value by Type (2019-2024)
5.2.2 Global HSS Metal Cutting Tools Production Value by Type (2025-2030)
5.2.3 Global HSS Metal Cutting Tools Production Value Market Share by Type (2019-2030)
5.3 Global HSS Metal Cutting Tools Price by Type (2019-2030)
6 Segment by Application
6.1 Global HSS Metal Cutting Tools Production by Application (2019-2030)
6.1.1 Global HSS Metal Cutting Tools Production by Application (2019-2024)
6.1.2 Global HSS Metal Cutting Tools Production by Application (2025-2030)
6.1.3 Global HSS Metal Cutting Tools Production Market Share by Application (2019-2030)
6.2 Global HSS Metal Cutting Tools Production Value by Application (2019-2030)
6.2.1 Global HSS Metal Cutting Tools Production Value by Application (2019-2024)
6.2.2 Global HSS Metal Cutting Tools Production Value by Application (2025-2030)
6.2.3 Global HSS Metal Cutting Tools Production Value Market Share by Application (2019-2030)
6.3 Global HSS Metal Cutting Tools Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Kennametal
7.1.1 Kennametal HSS Metal Cutting Tools Corporation Information
7.1.2 Kennametal HSS Metal Cutting Tools Product Portfolio
7.1.3 Kennametal HSS Metal Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Kennametal Main Business and Markets Served
7.1.5 Kennametal Recent Developments/Updates
7.2 LMT Onsrud
7.2.1 LMT Onsrud HSS Metal Cutting Tools Corporation Information
7.2.2 LMT Onsrud HSS Metal Cutting Tools Product Portfolio
7.2.3 LMT Onsrud HSS Metal Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.2.4 LMT Onsrud Main Business and Markets Served
7.2.5 LMT Onsrud Recent Developments/Updates
7.3 NACHI-FUJIKOSHI
7.3.1 NACHI-FUJIKOSHI HSS Metal Cutting Tools Corporation Information
7.3.2 NACHI-FUJIKOSHI HSS Metal Cutting Tools Product Portfolio
7.3.3 NACHI-FUJIKOSHI HSS Metal Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.3.4 NACHI-FUJIKOSHI Main Business and Markets Served
7.3.5 NACHI-FUJIKOSHI Recent Developments/Updates
7.4 OSG
7.4.1 OSG HSS Metal Cutting Tools Corporation Information
7.4.2 OSG HSS Metal Cutting Tools Product Portfolio
7.4.3 OSG HSS Metal Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.4.4 OSG Main Business and Markets Served
7.4.5 OSG Recent Developments/Updates
7.5 Sandvik Coromant
7.5.1 Sandvik Coromant HSS Metal Cutting Tools Corporation Information
7.5.2 Sandvik Coromant HSS Metal Cutting Tools Product Portfolio
7.5.3 Sandvik Coromant HSS Metal Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sandvik Coromant Main Business and Markets Served
7.5.5 Sandvik Coromant Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HSS Metal Cutting Tools Industry Chain Analysis
8.2 HSS Metal Cutting Tools Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HSS Metal Cutting Tools Production Mode & Process
8.4 HSS Metal Cutting Tools Sales and Marketing
8.4.1 HSS Metal Cutting Tools Sales Channels
8.4.2 HSS Metal Cutting Tools Distributors
8.5 HSS Metal Cutting Tools Customers
9 HSS Metal Cutting Tools Market Dynamics
9.1 HSS Metal Cutting Tools Industry Trends
9.2 HSS Metal Cutting Tools Market Drivers
9.3 HSS Metal Cutting Tools Market Challenges
9.4 HSS Metal Cutting 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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