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Turning Tools-Global Market Insights and Sales Trends 2025
Synopsis
Turning tools are used on lathes for cutting or finishing the outside diameter of a workpiece. Turning tools can be used to produce cylindrical parts. In its basic form, turning can be defined as the machining of an external surface with the workpiece rotating, or with a single-point cutting tool. Turning tools are generally made from steel, carbon steel, high speed steel, and powdered metal. To use turning tools for a turning operation, three primary factors need to be considered: speed, feed, and depth of cut. Other factors, such as material and type of tool, also have a large influence.
The global Turning Tools market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Turning Tools in various end use industries. The expanding demands from the External and Internal, are propelling Turning Tools market. Insert, 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 Double-clamp segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Turning Tools market, driven by demand from China, the second largest economy with some signs of stabilising, the Turning Tools market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Turning 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 Turning 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 Turning Tools market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Turning 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 Turning Tools covered in this report include ALESA, Aloris Tool Technology, Applitec Moutier, Arno, ASAHI Diamond, Beijing Worldia Diamond Tools Co., Ltd and BIG DAISHOWA, etc.
The global Turning 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:
ALESA
Aloris Tool Technology
Applitec Moutier
Arno
ASAHI Diamond
Beijing Worldia Diamond Tools Co., Ltd
BIG DAISHOWA
Global Turning 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 Turning Tools market, Segment by Type:
Insert
Double-clamp
Monobloc
Others
Global Turning Tools market, by Application
External
Internal
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 Turning Tools manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Turning 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.
Turning tools are used on lathes for cutting or finishing the outside diameter of a workpiece. Turning tools can be used to produce cylindrical parts. In its basic form, turning can be defined as the machining of an external surface with the workpiece rotating, or with a single-point cutting tool. Turning tools are generally made from steel, carbon steel, high speed steel, and powdered metal. To use turning tools for a turning operation, three primary factors need to be considered: speed, feed, and depth of cut. Other factors, such as material and type of tool, also have a large influence.
The global Turning Tools market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Turning Tools in various end use industries. The expanding demands from the External and Internal, are propelling Turning Tools market. Insert, 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 Double-clamp segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Turning Tools market, driven by demand from China, the second largest economy with some signs of stabilising, the Turning Tools market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Turning 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 Turning 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 Turning Tools market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Turning 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 Turning Tools covered in this report include ALESA, Aloris Tool Technology, Applitec Moutier, Arno, ASAHI Diamond, Beijing Worldia Diamond Tools Co., Ltd and BIG DAISHOWA, etc.
The global Turning 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:
ALESA
Aloris Tool Technology
Applitec Moutier
Arno
ASAHI Diamond
Beijing Worldia Diamond Tools Co., Ltd
BIG DAISHOWA
Global Turning 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 Turning Tools market, Segment by Type:
Insert
Double-clamp
Monobloc
Others
Global Turning Tools market, by Application
External
Internal
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 Turning Tools manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Turning 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 Turning Tools Market Overview
1.1 Turning Tools Product Overview
1.2 Turning Tools Market Segment by Type
1.2.1 Insert
1.2.2 Double-clamp
1.2.3 Monobloc
1.2.4 Others
1.3 Global Turning Tools Market Size by Type
1.3.1 Global Turning Tools Market Size Overview by Type (2018-2029)
1.3.2 Global Turning Tools Historic Market Size Review by Type (2018-2023)
1.3.3 Global Turning Tools Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Turning Tools Sales Breakdown by Type (2018-2023)
1.4.2 Europe Turning Tools Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Turning Tools Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Turning Tools Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Turning Tools Sales Breakdown by Type (2018-2023)
2 Global Turning Tools Market Competition by Company
2.1 Global Top Players by Turning Tools Sales (2018-2023)
2.2 Global Top Players by Turning Tools Revenue (2018-2023)
2.3 Global Top Players by Turning Tools Price (2018-2023)
2.4 Global Top Manufacturers Turning Tools Manufacturing Base Distribution, Sales Area, Product Type
2.5 Turning Tools Market Competitive Situation and Trends
2.5.1 Turning Tools Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Turning 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 Turning Tools as of 2022)
2.7 Date of Key Manufacturers Enter into Turning Tools Market
2.8 Key Manufacturers Turning Tools Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Turning Tools Status and Outlook by Region
3.1 Global Turning Tools Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Turning Tools Historic Market Size by Region
3.2.1 Global Turning Tools Sales in Volume by Region (2018-2023)
3.2.2 Global Turning Tools Sales in Value by Region (2018-2023)
3.2.3 Global Turning Tools Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Turning Tools Forecasted Market Size by Region
3.3.1 Global Turning Tools Sales in Volume by Region (2024-2029)
3.3.2 Global Turning Tools Sales in Value by Region (2024-2029)
3.3.3 Global Turning Tools Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Turning Tools by Application
4.1 Turning Tools Market Segment by Application
4.1.1 External
4.1.2 Internal
4.2 Global Turning Tools Market Size by Application
4.2.1 Global Turning Tools Market Size Overview by Application (2018-2029)
4.2.2 Global Turning Tools Historic Market Size Review by Application (2018-2023)
4.2.3 Global Turning Tools Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Turning Tools Sales Breakdown by Application (2018-2023)
4.3.2 Europe Turning Tools Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Turning Tools Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Turning Tools Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Turning Tools Sales Breakdown by Application (2018-2023)
5 North America Turning Tools by Country
5.1 North America Turning Tools Historic Market Size by Country
5.1.1 North America Turning Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Turning Tools Sales in Volume by Country (2018-2023)
5.1.3 North America Turning Tools Sales in Value by Country (2018-2023)
5.2 North America Turning Tools Forecasted Market Size by Country
5.2.1 North America Turning Tools Sales in Volume by Country (2024-2029)
5.2.2 North America Turning Tools Sales in Value by Country (2024-2029)
6 Europe Turning Tools by Country
6.1 Europe Turning Tools Historic Market Size by Country
6.1.1 Europe Turning Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Turning Tools Sales in Volume by Country (2018-2023)
6.1.3 Europe Turning Tools Sales in Value by Country (2018-2023)
6.2 Europe Turning Tools Forecasted Market Size by Country
6.2.1 Europe Turning Tools Sales in Volume by Country (2024-2029)
6.2.2 Europe Turning Tools Sales in Value by Country (2024-2029)
7 Asia-Pacific Turning Tools by Region
7.1 Asia-Pacific Turning Tools Historic Market Size by Region
7.1.1 Asia-Pacific Turning Tools Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Turning Tools Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Turning Tools Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Turning Tools Forecasted Market Size by Region
7.2.1 Asia-Pacific Turning Tools Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Turning Tools Sales in Value by Region (2024-2029)
8 Latin America Turning Tools by Country
8.1 Latin America Turning Tools Historic Market Size by Country
8.1.1 Latin America Turning Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Turning Tools Sales in Volume by Country (2018-2023)
8.1.3 Latin America Turning Tools Sales in Value by Country (2018-2023)
8.2 Latin America Turning Tools Forecasted Market Size by Country
8.2.1 Latin America Turning Tools Sales in Volume by Country (2024-2029)
8.2.2 Latin America Turning Tools Sales in Value by Country (2024-2029)
9 Middle East and Africa Turning Tools by Country
9.1 Middle East and Africa Turning Tools Historic Market Size by Country
9.1.1 Middle East and Africa Turning Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Turning Tools Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Turning Tools Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Turning Tools Forecasted Market Size by Country
9.2.1 Middle East and Africa Turning Tools Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Turning Tools Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ALESA
10.1.1 ALESA Company Information
10.1.2 ALESA Introduction and Business Overview
10.1.3 ALESA Turning Tools Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ALESA Turning Tools Products Offered
10.1.5 ALESA Recent Development
10.2 Aloris Tool Technology
10.2.1 Aloris Tool Technology Company Information
10.2.2 Aloris Tool Technology Introduction and Business Overview
10.2.3 Aloris Tool Technology Turning Tools Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aloris Tool Technology Turning Tools Products Offered
10.2.5 Aloris Tool Technology Recent Development
10.3 Applitec Moutier
10.3.1 Applitec Moutier Company Information
10.3.2 Applitec Moutier Introduction and Business Overview
10.3.3 Applitec Moutier Turning Tools Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Applitec Moutier Turning Tools Products Offered
10.3.5 Applitec Moutier Recent Development
10.4 Arno
10.4.1 Arno Company Information
10.4.2 Arno Introduction and Business Overview
10.4.3 Arno Turning Tools Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Arno Turning Tools Products Offered
10.4.5 Arno Recent Development
10.5 ASAHI Diamond
10.5.1 ASAHI Diamond Company Information
10.5.2 ASAHI Diamond Introduction and Business Overview
10.5.3 ASAHI Diamond Turning Tools Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ASAHI Diamond Turning Tools Products Offered
10.5.5 ASAHI Diamond Recent Development
10.6 Beijing Worldia Diamond Tools Co., Ltd
10.6.1 Beijing Worldia Diamond Tools Co., Ltd Company Information
10.6.2 Beijing Worldia Diamond Tools Co., Ltd Introduction and Business Overview
10.6.3 Beijing Worldia Diamond Tools Co., Ltd Turning Tools Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Beijing Worldia Diamond Tools Co., Ltd Turning Tools Products Offered
10.6.5 Beijing Worldia Diamond Tools Co., Ltd Recent Development
10.7 BIG DAISHOWA
10.7.1 BIG DAISHOWA Company Information
10.7.2 BIG DAISHOWA Introduction and Business Overview
10.7.3 BIG DAISHOWA Turning Tools Sales, Revenue and Gross Margin (2018-2023)
10.7.4 BIG DAISHOWA Turning Tools Products Offered
10.7.5 BIG DAISHOWA Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Turning 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 Turning Tools Industrial Chain Analysis
11.4 Turning Tools Market Dynamics
11.4.1 Turning Tools Industry Trends
11.4.2 Turning Tools Market Drivers
11.4.3 Turning Tools Market Challenges
11.4.4 Turning Tools Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Turning Tools Distributors
12.3 Turning 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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