Press release
Global High Speed Steel (HSS) Metal Cutting Tools Market Report 2025 | Sandvik AB, Nachi-Fujikoshi, OSG, Kennametal, YG-1 Tool
The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.
This report presents the worldwide High Speed Steel (HSS) Metal Cutting Tools market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
In the context of machining, a cutting tool is any tool that is used to remove material from the workpiece by means of shear deformation. High-speed steel is the most common cutting tool material used today. High-speed steel cutting tools is much tough than ordinary cutting tools and easier for cutting. It retains its hardness at moderate temperatures. In machinery manufacturing, the majority use of HSS cutting tools is in machine tools.
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The Major regions to produce High Speed Steel (HSS) Metal Cutting Tools are China, Europe and Japan, which accounting for more than 77 % of value production in total. The major consumption region is east China, Europe, and United States.
Along with the development of Chinese domestic Industrial technology, Chinese High Speed Steel (HSS) Metal Cutting Tools has been made a lot of progress, but it also has a long way to be advanced in the world, especially in high-end products. Otherwise, most of Chinese companies are rather small, compared to other countries companies in value production.
The High Speed Steel (HSS) Metal Cutting Tools market was valued at 7130 Million US$ in 2017 and is projected to reach 9740 Million US$ by 2025, at a CAGR of 4.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for High Speed Steel (HSS) Metal Cutting Tools.
The following manufacturers are covered in this report:
Sandvik AB
Nachi-Fujikoshi
OSG
Kennametal
YG-1 Tool
Walter AG
Tiangong International
Shanghai Tool Works
Sumitomo Electric Industries
TDC Cutting Tools
Harbin No.1 Tool Manufacturing
Harbin Measuring & Cutting Tool
Tivoly
Addison
Chengliang Tools
Sutton Tools
Henan Yigong Zuanye
Raymond(JK Files)
LMT Onsrud LP
DeWALT
Guhring
Jore Corporation
Somta Tools
BIG Kaiser
High Speed Steel (HSS) Metal Cutting Tools Breakdown Data by Type
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Reaming & Counterboring Tools
HSS Gear Cutting Tools
HSS Broaching Tools
High Speed Steel (HSS) Metal Cutting Tools Breakdown Data by Application
Automobile Industry
Aircraft Industry
Oil & Gas Industry
Machinery Industry
Shipping Building Industry
Rail Transport Industry
Others
High Speed Steel (HSS) Metal Cutting Tools Production by Region
United States
Europe
China
Japan
Other Regions
High Speed Steel (HSS) Metal Cutting Tools Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global High Speed Steel (HSS) Metal Cutting Tools status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key High Speed Steel (HSS) Metal Cutting Tools manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of High Speed Steel (HSS) Metal Cutting Tools :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High Speed Steel (HSS) Metal Cutting Tools market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Table of Contents
1 Study Coverage
1.1 High Speed Steel (HSS) Metal Cutting Tools Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global High Speed Steel (HSS) Metal Cutting Tools Market Size Growth Rate by Type
1.4.2 HSS Milling Tools
1.4.3 HSS Drilling Tools
1.4.4 HSS Tapping Tools
1.4.5 HSS Reaming & Counterboring Tools
1.4.6 HSS Gear Cutting Tools
1.4.7 HSS Broaching Tools
1.5 Market by Application
1.5.1 Global High Speed Steel (HSS) Metal Cutting Tools Market Size Growth Rate by Application
1.5.2 Automobile Industry
1.5.3 Aircraft Industry
1.5.4 Oil & Gas Industry
1.5.5 Machinery Industry
1.5.6 Shipping Building Industry
1.5.7 Rail Transport Industry
1.5.8 Others
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global High Speed Steel (HSS) Metal Cutting Tools Market Size
2.1.1 Global High Speed Steel (HSS) Metal Cutting Tools Revenue 2013-2025
2.1.2 Global High Speed Steel (HSS) Metal Cutting Tools Production 2013-2025
2.2 High Speed Steel (HSS) Metal Cutting Tools Growth Rate (CAGR) 2018-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key High Speed Steel (HSS) Metal Cutting Tools Manufacturers
2.3.2.1 High Speed Steel (HSS) Metal Cutting Tools Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers High Speed Steel (HSS) Metal Cutting Tools Product Offered
2.3.2.3 Date of Manufacturers Enter into High Speed Steel (HSS) Metal Cutting Tools Market
2.4 Key Trends for High Speed Steel (HSS) Metal Cutting Tools Markets & Products
3 Market Size by Manufacturers
3.1 High Speed Steel (HSS) Metal Cutting Tools Production by Manufacturers
3.1.1 High Speed Steel (HSS) Metal Cutting Tools Production by Manufacturers
3.1.2 High Speed Steel (HSS) Metal Cutting Tools Production Market Share by Manufacturers
3.2 High Speed Steel (HSS) Metal Cutting Tools Revenue by Manufacturers
3.2.1 High Speed Steel (HSS) Metal Cutting Tools Revenue by Manufacturers (2013-2018)
3.2.2 High Speed Steel (HSS) Metal Cutting Tools Revenue Share by Manufacturers (2013-2018)
3.3 High Speed Steel (HSS) Metal Cutting Tools Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 High Speed Steel (HSS) Metal Cutting Tools Production by Regions
4.1 Global High Speed Steel (HSS) Metal Cutting Tools Production by Regions
4.1.1 Global High Speed Steel (HSS) Metal Cutting Tools Production Market Share by Regions
4.1.2 Global High Speed Steel (HSS) Metal Cutting Tools Revenue Market Share by Regions
4.2 United States
4.2.1 United States High Speed Steel (HSS) Metal Cutting Tools Production
4.2.2 United States High Speed Steel (HSS) Metal Cutting Tools Revenue
4.2.3 Key Players in United States
4.2.4 United States High Speed Steel (HSS) Metal Cutting Tools Import & Export
4.3 Europe
4.3.1 Europe High Speed Steel (HSS) Metal Cutting Tools Production
4.3.2 Europe High Speed Steel (HSS) Metal Cutting Tools Revenue
4.3.3 Key Players in Europe
4.3.4 Europe High Speed Steel (HSS) Metal Cutting Tools Import & Export
4.4 China
4.4.1 China High Speed Steel (HSS) Metal Cutting Tools Production
4.4.2 China High Speed Steel (HSS) Metal Cutting Tools Revenue
4.4.3 Key Players in China
4.4.4 China High Speed Steel (HSS) Metal Cutting Tools Import & Export
4.5 Japan
4.5.1 Japan High Speed Steel (HSS) Metal Cutting Tools Production
4.5.2 Japan High Speed Steel (HSS) Metal Cutting Tools Revenue
4.5.3 Key Players in Japan
4.5.4 Japan High Speed Steel (HSS) Metal Cutting Tools Import & Export
4.6 Other Regions
4.6.1 South Korea
4.6.2 India
4.6.3 Southeast Asia
5 High Speed Steel (HSS) Metal Cutting Tools Consumption by Regions
5.1 Global High Speed Steel (HSS) Metal Cutting Tools Consumption by Regions
5.1.1 Global High Speed Steel (HSS) Metal Cutting Tools Consumption by Regions
5.1.2 Global High Speed Steel (HSS) Metal Cutting Tools Consumption Market Share by Regions
5.2 North America
5.2.1 North America High Speed Steel (HSS) Metal Cutting Tools Consumption by Application
5.2.2 North America High Speed Steel (HSS) Metal Cutting Tools Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe High Speed Steel (HSS) Metal Cutting Tools Consumption by Application
5.3.2 Europe High Speed Steel (HSS) Metal Cutting Tools Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific High Speed Steel (HSS) Metal Cutting Tools Consumption by Application
5.4.2 Asia Pacific High Speed Steel (HSS) Metal Cutting Tools Consumption by Countries
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central & South America
5.5.1 Central & South America High Speed Steel (HSS) Metal Cutting Tools Consumption by Application
5.5.2 Central & South America High Speed Steel (HSS) Metal Cutting Tools Consumption by Country
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa High Speed Steel (HSS) Metal Cutting Tools Consumption by Application
5.6.2 Middle East and Africa High Speed Steel (HSS) Metal Cutting Tools Consumption by Countries
5.6.3 GCC Countries
5.6.4 Egypt
5.6.5 South Africa
6 Market Size by Type
6.1 Global High Speed Steel (HSS) Metal Cutting Tools Production by Type
6.2 Global High Speed Steel (HSS) Metal Cutting Tools Revenue by Type
6.3 High Speed Steel (HSS) Metal Cutting Tools Price by Type
7 Market Size by Application
7.1 Overview
7.2 Global High Speed Steel (HSS) Metal Cutting Tools Breakdown Dada by Application
7.2.1 Global High Speed Steel (HSS) Metal Cutting Tools Consumption by Application
7.2.2 Global High Speed Steel (HSS) Metal Cutting Tools Consumption Market Share by Application (2013-2018)
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