Cutting Tool And Machine Tool Accessory Global Market Briefing 2023

Cutting Tool And Machine Tool Accessory Global Market Briefing 2023

Global cutting tool and machine tool accessory market was worth $78.6 billion in 2022. It was the largest segment within the metalworking machinery market accounting for 31.0%. In terms of per capita consumption, the market was $10.0 and in terms of global GDP, the market was 0.07%. Cutting tool and machine tool accessory was the largest segment within the metalworking machinery market accounting for 31.0% followed by machine tool at 25.5% and special die and tool, die set, jig, and fixture at 22.9% respectively.

Cutting Tool And Machine Tool Accessory Global Market Briefing 2023 provides strategists, marketers and senior management with the critical information they need to assess the global cutting tool and machine tool accessory sector.

Reasons to Purchase

• Measure the impact of high global inflation on market growth
• Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.

Description

Cutting Tool And Machine Tool Accessory Global Market Briefing 2023 from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the cutting tool and machine tool accessory market revenues, covering both the historic growth of the market and forecasting the future. Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically. The trends and strategies section highlights the likely future developments in the cutting tool and machine tool accessory market and suggests approaches.

Scope

Markets Covered: Measuring Attachments; Metalworking Knives And Bits; Metalworking Drill Bits; Machine Tool Taps And Dies

Companies Mentioned: Sandvik AB; Kennametal, Inc.; Lincoln Electric Holdings, Inc; NGK Spark Plug Co ltd; Okuma Corporation

Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East, Africa

Countries: Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam, Canada, USA, Mexico, Argentina, Brazil, Chile, Colombia, Peru, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, Czech Republic, Poland, Romania, Russia, Israel, Saudi Arabia, Turkey, UAE, Egypt, Nigeria, South Africa

Time series: Five years historic and forecast

Data: Market value in $ billions.

Data segmentations: Regional breakdowns, key sub segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.