Global High Speed Steels Market Growth 2023-2029

Global High Speed Steels Market Growth 2023-2029

LPI (LP Information)' newest research report, the “High Speed Steels Industry Forecast” looks at past sales and reviews total world High Speed Steels sales in 2022, providing a comprehensive analysis by region and market sector of projected High Speed Steels sales for 2023 through 2029. With High Speed Steels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Speed Steels industry.

This Insight Report provides a comprehensive analysis of the global High Speed Steels 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 High Speed Steels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Speed Steels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Speed Steels 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 High Speed Steels.

The global High Speed Steels market size is projected to grow from US$ 2063.1 million in 2022 to US$ 2800.2 million in 2029; it is expected to grow at a CAGR of 2800.2 from 2023 to 2029.

United States market for High Speed Steels is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for High Speed Steels is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for High Speed Steels is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key High Speed Steels players cover Nachi-Fujikoshi, Daido Steel, Kobe Steel, Ltd., Voestalpine, Sandvik Group, Kennametal, Hudson Tool Steel, Erasteel（Eramet） and Friedr. Lohmann, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of High Speed Steels market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Metal Cutting Tools
Cold Working Tools
Others

Segmentation by application
Automotive Industry
Plastic Industry
Aerospace Industry
Energy Sector
Others

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.
Nachi-Fujikoshi
Daido Steel
Kobe Steel, Ltd.
Voestalpine
Sandvik Group
Kennametal
Hudson Tool Steel
Erasteel（Eramet）
Friedr. Lohmann
Thyssenkrupp
Guhring
Advanced Technology and Materials

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Speed Steels market?

What factors are driving High Speed Steels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Speed Steels market opportunities vary by end market size?

How does High Speed Steels 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.