Global High Speed Steel (HSS) Metal Cutting Tools Industry
LONDON, July 11, 2018 /PRNewswire/ -- This report analyzes the worldwide markets for High Speed Steel (HSS) Metal Cutting Tools in US$ Million.
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The Global market is further analyzed by the following Product Types: HSS Milling Tools, HSS Drilling Tools, HSS Tapping Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools, and HSS Broaching Tools. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin America. Annual estimates and forecasts are provided for the period 2015 through 2024. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.
The report profiles 87 companies including many key and niche players such as:
- Addison & Co., Ltd.
- Aloris Tool Technology Co., Inc.
- BIG Kaiser Precision Tooling, Inc.
- DeWALT
- Greenfield Industries, Inc.
- Guhring, Inc.
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HIGH SPEED STEEL (HSS) METAL CUTTING TOOLS MCP-1791 A GLOBAL STRATEGIC BUSINESS REPORT CONTENTS
I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
II. EXECUTIVE SUMMARY
1. INDUSTRY OVERVIEW
Metal Cutting Tools: An Intrinsic Part of Machine Tools Industry
Table 1: Global Machine Tools Market (2017E): Percentage Breakdown of Sales by Product Group (includes corresponding Graph/Chart)
Table 2: Global Metal Cutting Tools Market (2017E): Percentage Breakdown of Sales by Type of Metal Cutting Machine (includes corresponding Graph/Chart)
Table 3: Global Metal Cutting Tools Market (2017E): Percentage Breakdown of Sales by Region/ Country (includes corresponding Graph/Chart)
High Speed Steel (HSS): An Established Material for Manufacturing Cutting Tools
High Speed Steel (HSS) Metal Cutting Tools Market: An Overview
Importance of the Manufacturing Sector for HSS Metal Cutting Tools: A Brief Review
An Optimistic Global Economy Buoys General Market Optimism
Table 4: World Real GDP Growth Rates in % for the Years 2016, 2017 & 2018 by Country (includes corresponding Graph/Chart)
Table 5: Global Purchasing Managers Index (PMI): Breakdown of Monthly PMI Data by Country for the Period November 2015 to November 2016 (includes corresponding Graph/Chart)
Market Outlook
Assessing the Impact of Economic Upheavals on HSS Metal Cutting Tools Market
2010: The Year of Recovery
Emerging Markets in Transition: Structural Slowdown, the New Normal
2. NOTEWORTHY TRENDS, GROWTH DRIVES & ISSUES
Developing Countries to Maintain their Prominent Role in the Market Growth
Off-Shoring of Manufacturing Activity Boosts Demand in Developing Countries
Rapid Mushrooming of Job Shops in Developing Countries Augurs Well for the Market
Non-BRIC Emerging Markets to Exhibit Faster Growth in the Coming Decade
Growing Aircraft Production Bodes Well for the Market
Opportunity Indicators
Table 6: World Market for Aircraft, Engines, Parts and Equipment (2017): Percentage Breakdown of Sales by Geographic Region (includes corresponding Graph/Chart)
Table 7: Global Air Traffic Flow (In Billion Revenue Passenger Kilometers (RPKs) for the Years 2011, 2015, 2020P & 2030P (includes corresponding Graph/Chart)
Stable Automotive Production in Developing Countries Augurs Well for HSS Cutting Tools
Opportunity Indicators
Table 8: World Production of Passenger Cars: Breakdown of Annual Production Figures in €˜000 Units for Years 2017 & 2020 by Geographic Region/Country (includes corresponding Graph/Chart)
Table 9: World Production of Commercial Vehicles: Breakdown of Annual Production Figures in €˜000 Units for Years 2017 & 2020 by Geographic Region/Country (includes corresponding Graph/Chart)
Heavy Equipment/Machinery Manufacturing Industry Promises Bright Prospects
Expanding Application Areas to Boost Growth Prospects for HSS Cutting Tools in Coming Years
Growing Investments in Railways to Drive Demand in Coming Years
HSS Metal Cutting Tools Finding Niche Opportunities in Renewable Energy - A Case in Point
Opportunities for HSS Metal Cutting Tools in End Mills
Taps: The Largest & Fastest Growing HSS Cutting Tools Segment
High Demand for Twist Drills Augurs Well for HSS Cutting Tools Market
Growing Penetration of Cemented Carbide Cutting Tools: A Key Issue for the Market
Despite Strong Competition From Carbide Tools - HSS Metal Cutting Tools will Continue to Survive in Coming Years
Industry Pins Hopes on Powder Metallurgical HSS to Spearhead Market Revival
HSS PM Tools Bank on Performance Attributes to Compete in the Market
Technology Developments & Product Enhancements - Need of the Hour
Technology Evolution in the HSS Space
Manufacturers Prefer Recycled Metal & Scrap Metal in HSS Cutting Tools to Cut Costs & Tap Environmental Benefits
Asian Manufacturers Emerge as Major Competitive Threat for North American & European Companies
Stable Alloying Metal Prices Diminish Cost Pressures on Manufacturers
3. PRODUCT OVERVIEW
4. PRODUCT INTRODUCTIONS/LAUNCHES
Sandvik Coromant Introduces High-Feed Version of CoroMill
Dormer Pramet Unveils Cutting Tool Products
Stanley Black & Decker Unveils Three Tool Brands
Sul Corte Introduces PVD Coated HSS Saw Blades
Dormer Upgrade Existing Assortment with Carbide Burrs Material
5. RECENT INDUSTRY ACTIVITY
MachiningCloud Partners Keo Cutters
Stanley Black & Decker Takes Over Newell Tools
Somta Tools Inks Partnership Agreement with OSG
Tiangong International Establishes Xinzhenggong in Taiwan
6. FOCUS ON SELECT GLOBAL PLAYERS
Addison & Co., Ltd. (India)
Aloris Tool Technology Co., Inc. (USA)
BIG Kaiser Precision Tooling, Inc. (USA)
DeWALT (USA)
Greenfield Industries, Inc. (USA)
Guhring, Inc. (USA)
Kennametal, Inc. (USA)
LMT Onsrud LP (USA)
LMT USA, Inc. (USA)
Morse Cutting Tools (USA)
Nachi-Fujikoshi Corp. (Japan)
Nachi America, Inc. (USA)
Niagara Cutter, LLC (USA)
OSG Corporation (Japan)
OSG Korea Corporation (South Korea)
OSG USA, Inc. (USA)
Raymond Limited (India)
Sandvik Group (Sweden)
Sandvik Coromant Co. (Sweden)
Shanghai Machine Tool Works Ltd. (China)
Somta Tools (Pty) Ltd. (South Africa)
Sutton Tools (Australia)
Tiangong International (China)
Tivoly SA (France)
Walter AG (Germany)
YG-1 Tool Co., Ltd. (South Korea)
7. GLOBAL MARKET PERSPECTIVE
Table 10: World Recent Past, Current & Future Analysis for High Speed Steel (Hss) Metal Cutting Tools by Geographic Region/Country - Us, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin American Markets Independently Analyzed with Annual Sales in Us$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
Table 11: World 10-year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - Percentage Breakdown of Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin American Markets for Years 2015, 2017 and 2024 (includes corresponding Graph/Chart)
Table 12: World Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Milling Tools, HSS Drilling Tools, HSS Tapping Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
Table 13: World 10-year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Sales for HSS Milling Tools, HSS Drilling Tools, HSS Tapping Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets for Years 2015, 2017 and 2024 (includes corresponding Graph/Chart)
III. MARKET
1. THE UNITED STATES
A.Market Analysis
Outlook
Recovering Manufacturing Sector Drives Demand for Metal Stampings, Forgings & Castings
Growing Competition from Low Cost Asian Manufacturers Hurts Domestic Companies
Key Statistical Data
Table 14: US HSS Metal Cutting Tools Market (2015): Percentage Share Breakdown of Dollar Sales by Region (includes corresponding Graph/Chart)
Strategic Corporate Developments
Select Players
B.Market Analytics
Table 15: US Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
2. CANADA
Market Analysis
Table 16: Canadian Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
3. JAPAN
A.Market Analysis
Outlook
Select Players
B.Market Analytics
Table 17: Japanese Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
4. EUROPE
A.Market Analysis
Outlook
Overview
B.Market Analytics
Table 18: European Recent Past, Current & Future Analysis for High Speed Steel (Hss) Metal Cutting Tools by Geographic Region/Country - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales in Us$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
Table 19: Europe 10-year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - Percentage Breakdown of Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2017 and 2024 (includes corresponding Graph/Chart)
4a. FRANCE
A.Market Analysis
Outlook
Tivoly SA - A Key French Player
B.Market Analytics
Table 20: French Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
4b. GERMANY
A.Market Analysis
Outlook
Huge Industrial/Manufacturing Sector Makes Germany a Major Market for HSS Metal Cutting Tools
Walter AG - A Key Player
B.Market Analytics
Table 21: German Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
4c. ITALY
Market Analysis
Table 22: Italian Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
4d. THE UNITED KINGDOM
A.Market Analysis
Outlook
Product Launches
B.Market Analytics
Table 23: UK Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
4e. SPAIN
Market Analysis
Table 24: Spanish Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
4f. RUSSIA
Market Analysis
Table 25: Russian Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
4g. REST OF EUROPE
A.Market Analysis
Outlook
Product Launch
Select Players
B.Market Analytics
Table 26: Rest of Europe Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
5. ASIA-PACIFIC
A.Market Analysis
Outlook
Huge Manufacturing Activity Spurs Demand in Asia-Pacific
Asian Countries March Ahead Even on Production Front
B.Market Analytics
Table 27: Asia-Pacific Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - China, India, South Korea, Taiwan, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
Table 28: Asia-Pacific 10-year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - Percentage Breakdown of Sales for China, India, South Korea, Taiwan, and Rest of Asia-Pacific Markets for Years 2015, 2017 and 2024 (includes corresponding Graph/Chart)
5a. CHINA
A.Market Analysis
Outlook
China - Leading Consumer & Producer of HSS Cutting Tools
Select Players
B.Market Analytics
Table 29: Chinese Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
5b. INDIA
A.Market Analysis
Outlook
Indian Cutting Tools Sector: An Overview
Cutting Tools Manufacturers Eye Export Markets
Select Players
B.Market Analytics
Table 30: Indian Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
5c. SOUTH KOREA
A.Market Analysis
Outlook
Select Players
B.Market Analytics
Table 31: South Korean Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
5d. TAIWAN
A.Market Analysis
Outlook
Strategic Corporate Development
B.Market Analytics
Table 32: Taiwan Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
5e. REST OF ASIA-PACIFIC
A.Market Analysis
Outlook
Sutton Tools - A Key Australian Player
B.Market Analytics
Table 33: Rest of Asia-Pacific Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
6. MIDDLE EAST & AFRICA
Market Analysis
Table 34: Middle East & Africa Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - South Africa and Rest of Middle East & Africa Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
Table 35: Middle East & Africa 10-year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - Percentage Breakdown of Sales for South Africa and Rest of Middle East & Africa Markets for Years 2015, 2017 and 2024 (includes corresponding Graph/Chart)
6a. SOUTH AFRICA
A.Market Analysis
Outlook
Product Launch
Strategic Corporate Development
Somta Tools (Pty) Ltd. - A Key South African Player
B.Market Analytics
Table 36: South African Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
6b. REST OF MIDDLE EAST & AFRICA
Market Analysis
Table 37: Rest of Middle East & Africa Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
7. LATIN AMERICA
Market Analysis
Table 38: Latin American Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
Table 39: Latin American 10-year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region/Country - Percentage Breakdown of Sales for Brazil and Rest of Latin America Markets for Years 2015, 2017 and 2024 (includes corresponding Graph/Chart)
7a. BRAZIL
A.Market Analysis
Current & Future Analysis
Product Launch
B.Market Analytics
Table 40: Brazilian Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)
7b. REST OF LATIN AMERICA
Market Analysis
Table 41: Rest of Latin America Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools Market Analyzed with Annual Sales in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart
IV. COMPETITIVE LANDSCAPE
Total Companies Profiled: 87 (including Divisions/Subsidiaries - 98) The United States (53) Canada (3) Japan (7) Europe (13) - France (2) - Germany (5) - The United Kingdom (2) - Rest of Europe (4) Asia-Pacific (Excluding Japan) (20) Africa (2)
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