Global HSS Cutting Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global HSS Cutting Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Cutting tools are tools used for cutting in machinery manufacturing. Most cutters are machine - made. Since the tools used in mechanical manufacturing are basically used to cut metal materials, it is generally understood as metal cutting tools.

This report mainly introduces HSS metal cutting tools, including milling tools, hole cutting tools, thread cutting tools, gear tools, etc.

According to our (Global Info Research) latest study, the global HSS Cutting Tools market size was valued at US$ 4300 million in 2023 and is forecast to a readjusted size of USD 5149 million by 2030 with a CAGR of 2.6% during review period.

The main consumer countries of HSS metal cutting tools are the United States, Japan, China, Europe and other countries and regions. These regions account for more than 84 per cent of the global market. Among them, China is the world"s largest consumer market, accounting for more than 40% of global sales market.

The main HSS metal cutting tool manufacturers in the market include Sandvik, Far East Tools, etc. The global top ten enterprises account for nearly 45% of the market, and the domestic top three enterprises account for more than 28%.

This report is a detailed and comprehensive analysis for global HSS Cutting Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global HSS Cutting Tools market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global HSS Cutting Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global HSS Cutting Tools market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global HSS Cutting Tools market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for HSS Cutting Tools

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global HSS Cutting Tools market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sandvik, OSG, MMC, Kennametal, TDC Cutting Tools, Shanghai Tool Works, NACHI-FUJIKOSHI, YG-1, Tiangong International Company, Chinachengliang, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

HSS Cutting Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Gear Cutting Tools
Others

Market segment by Application
Automobile
Machinery
Energy
Rail Transport & Aircraft
Medical
Others

Major players covered
Sandvik
OSG
MMC
Kennametal
TDC Cutting Tools
Shanghai Tool Works
NACHI-FUJIKOSHI
YG-1
Tiangong International Company
Chinachengliang
HMCT Group
HYGZT

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe HSS Cutting Tools product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of HSS Cutting Tools, with price, sales quantity, revenue, and global market share of HSS Cutting Tools from 2019 to 2024.

Chapter 3, the HSS Cutting Tools competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the HSS Cutting Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and HSS Cutting Tools market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of HSS Cutting Tools.

Chapter 14 and 15, to describe HSS Cutting Tools sales channel, distributors, customers, research findings and conclusion.