According to our (Global Info Research) latest study, the global Twist Drill market size was valued at US$ 4635 million in 2024 and is forecast to a readjusted size of USD 5229 million by 2031 with a CAGR of 1.8% during review period.
Twist Drill (also commonly referred to as twist bit) is a rotating cutting tool, used for cutting holes in rigid materials, that consists of an essentially conical point, relieved and fluted to form cutting lips, and spiral flutes which direct the chips away from the lips and toward ejection from the hole. Twist drills are the most common and easiest way to put a hole in steel, wood or other non-ferrous materials.
Global Twist Drill key players include TDC Cutting Tool, Feida, Tiangong International, Harbin No.1 Tool, Harbin Measuring & Cutting Tool, etc. Global top five manufacturers hold a share over 15%.
China is the largest market, with a share over 65%, followed by USA and Europe, both have a share over 15%.
In terms of product, Straight Shank Twist Drill is the largest segment, with a share over 50%. And in terms of application, the largest application is Metal, followed by Concrete, Wood, etc.
This report is a detailed and comprehensive analysis for global Twist Drill 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 2025, are provided.
Key Features:
Global Twist Drill market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031
Global Twist Drill market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031
Global Twist Drill market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031
Global Twist Drill market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2020-2025
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 Twist Drill
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 Twist Drill 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 Coromant, OSG, Kennamtel, SECO, Stanley Black & Decker, Mitsubishi, Guhring Group, Nachi, ISCAR, Sumitomo, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Twist Drill market is split by Type and by Application. For the period 2020-2031, 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
Straight Shank Twist Drill
Taper Shank Twist Drill
Double-End Twist Drill
Others
Market segment by Application
Metal
Wood
Concrete
Plastic
Others
Major players covered
Sandvik Coromant
OSG
Kennamtel
SECO
Stanley Black & Decker
Mitsubishi
Guhring Group
Nachi
ISCAR
Sumitomo
Walter AG
Bosch
Mapal
Korloy
Triumph
Tiangong International
Kyocera
Irwin Tool
TDC Cutting Tool
Shanggong
Harbin No.1 Tool
Feida
Ceratizit
Greenfield Industries
Chengdu Chenliang
Harbin Measuring & Cutting Tool
Komet
Regal Cutting Tools
Alpen-Maykestag
Fangda Holding
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 Twist Drill product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Twist Drill, with price, sales quantity, revenue, and global market share of Twist Drill from 2020 to 2025.
Chapter 3, the Twist Drill competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Twist Drill breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Twist Drill market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Twist Drill.
Chapter 14 and 15, to describe Twist Drill sales channel, distributors, customers, research findings and conclusion.
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