NEW YORK, May 17, 2017 /PRNewswire/ -- About Turning Tools
Turning is a metal cutting process primarily used for generating cylindrical surfaces. In this process, mostly the workpiece is rotated on a spindle. The tool is fixed and fed into the piece both axially and radially to get the required surface, and it is frequently done with a single point tool. Turning tools consist of a replaceable insert in its body, and the insert can vary, based on shape, material, geometry, and coating. For instance, the round-shaped insert is used to maximize the edge strength, and the diamond shape insert provides a sharp point to cut fine features or to increase the number of edges. The insert used is generally made of materials such as carbide, although the materials such as ceramic and diamond inserts are used for demanding applications. In addition, a variety of protective coatings helps in increasing the process efficiency and to enhance the lifetime of the tool.
Read the full report: http://www.reportlinker.com/p04877185/Global-Turning-Tools-Market.html
Technavio's analysts forecast the global turning tools market to grow at a CAGR of 7.99% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global turning tools market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of turning tools.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Turning Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Ingersoll Cutting Tool Company
• ISCAR
• Kennametal Foundation
• Sandvik
• Mikron Tool
• NTK Cutting Tools
• WNT tools
Other prominent vendors
• CERATIZIT
• CeramTec Group
• DEWALT
• FRAISA
• Guhring
• Hanjiang Tool
• Jiangsu Feida Drills
• KYOCERA UNIMERCO
• Mitsubishi Materials
• MAPAL
• Shanghai Tool Works
• SECO
• SUMITOMO ELECTRIC Hartmetall
• Samvardhana Motherson Group
• STAR SU
• Raymond
• Travers Tool
• Tiangong International
• vhf
• UNION TOOL
• WNT Tools
• ZCC Cutting Tools
Market driver
• Growth of fabricated products in automotive industry
• For a full, detailed list, view our report
Market challenge
• Rise in popularity of electrical discharge and electrochemical machining
• For a full, detailed list, view our report
Market trend
• Use of rotary turning in high-temperature alloys in aerospace industry
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Methodology
Read the full report: http://www.reportlinker.com/p04877185/Global-Turning-Tools-Market.html
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article