Cutting Tool And Machine Tool Accessory Manufacturing Global Market Report 2018

Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018 | SKU CODE : 3160 | Format :

The cutting tool and machine tool accessory manufacturing industry includes establishments manufacturing accessories and attachments for metal cutting and metal forming machine tools. Industry products include blade cutters, small knives and drilling bits, as well as clampers, holders and tapering attachments. Machine shops, automotive manufacturers and heavy equipment manufacturers use these cutting and machine tools and their accessories.

Cutting Tool and Machine Tool Accessory Manufacturing Global Market Size

The global cutting tool and machine tool accessory manufacturing market was valued at $32.24 billion in 2017. Asia Pacific was the largest geographic region accounting for $16.82 billion or 51.90% of the global market. China was the largest country accounting for $7.36 billion or 22.71% of the global cutting tool and machine tool accessory manufacturing market.

Cutting Tool and Machine Tool Accessory Manufacturing Global Market Trend

3D laser processing machines are gaining popularity as they reduce processing time for cutting and welding applications. 3D laser is a 5-axle laser machine which cuts sheet-metal components in three dimensions. Cutting tool and machine tool accessory manufacturers are producing 3D laser processing machines which are typically used in automotive and aerospace industry for cutting or welding of aluminum parts, drilling of engine parts, and laser surfacing of used parts.

The companies covered are Doosan Machine Tools, Allied Machine & Engineering, Sandvik, Amada Co Ltd, and Kennametal Inc.

The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.

Cutting Tool and Machine Tool Accessory Manufacturing Global Market Segmentation

The cutting tool and machine tool accessory manufacturing market is segmented into Metalworking Knives And Bits; Measuring Attachments; Metalworking Drill Bits; Machine Tool Taps And Dies.

Metalworking Knives And Bits segment includes establishments primarily engaged in manufacturing only metalworking knives and bits.

Measuring Attachments segment includes establishments primarily engaged in manufacturing only measuring attachments.

Metalworking Drill Bits segment includes establishments primarily engaged in manufacturing only metalworking drill bits.

Machine Tool Taps And Dies segment includes establishments primarily engaged in manufacturing only machine tool taps and dies.

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