Global Annular Cutters Market Growth 2023-2029
An annular cutter is form of core drill used to create holes in metal. An annular cutter, named after the annulus shape, cuts only a groove at the periphery of the hole and leaves a solid core or slug at the center.
LPI (LP Information)' newest research report, the “Annular Cutters Industry Forecast” looks at past sales and reviews total world Annular Cutters sales in 2022, providing a comprehensive analysis by region and market sector of projected Annular Cutters sales for 2023 through 2029. With Annular Cutters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Annular Cutters industry.
This Insight Report provides a comprehensive analysis of the global Annular Cutters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Annular Cutters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Annular Cutters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Annular Cutters and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Annular Cutters.
The global Annular Cutters market size is projected to grow from US$ 115.9 million in 2022 to US$ 149.3 million in 2029; it is expected to grow at a CAGR of 149.3 from 2023 to 2029.
Hougen is the largest manufacturer of global annular cutters market, holds a share over 10%, other key players include Milwaukee, Nitto Kohki, and Fein, etc. Asia-pacific is the largest market, occupied for over 40 percent, followed by Europe. In terms of type, HSS type is the largest segment, with a share about 60%.
This report presents a comprehensive overview, market shares, and growth opportunities of Annular Cutters market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
HSS Type
TCT Type
Segmentation by application
General Industrial
Construction Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hougen
Milwaukee
Nitto Kohki
Fein
BDS
Ruko
EVOLUTION
Zhejiang Xinxing Tools
DEWALT
Euroboor
CHAMPION
ALFRA
Powerbor
KARNASCH
Lalson
Key Questions Addressed in this Report
What is the 10-year outlook for the global Annular Cutters market?
What factors are driving Annular Cutters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Annular Cutters market opportunities vary by end market size?
How does Annular Cutters break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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