Global Turning Tools Market 2017-2021

  • ID: 4225850
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • CeramTec Group
  • FRAISA
  • Jiangsu Feida Drills
  • Mikron Tool
  • Sandvik
  • Tiangong International
  • MORE
About Turning Tools

Turning is a metal cutting process primarily used for generating cylindrical surfaces. In this process, mostly the workpiece is rotated on a spindle. The tool is fixed and fed into the piece both axially and radially to get the required surface, and it is frequently done with a single point tool. Turning tools consist of a replaceable insert in its body, and the insert can vary, based on shape, material, geometry, and coating. For instance, the round-shaped insert is used to maximize the edge strength, and the diamond shape insert provides a sharp point to cut fine features or to increase the number of edges. The insert used is generally made of materials such as carbide, although the materials such as ceramic and diamond inserts are used for demanding applications. In addition, a variety of protective coatings helps in increasing the process efficiency and to enhance the lifetime of the tool.

The analysts forecast the global turning tools market to grow at a CAGR of 7.99% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global turning tools market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of turning tools.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Turning Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Ingersoll Cutting Tool Company
- ISCAR
- Kennametal Foundation
- Sandvik
- Mikron Tool
- NTK Cutting Tools
- WNT tools

Other prominent vendors
- CERATIZIT
- CeramTec Group
- DEWALT
- FRAISA
- Guhring
- Hanjiang Tool
- Jiangsu Feida Drills
- KYOCERA UNIMERCO
- Mitsubishi Materials
- MAPAL
- Shanghai Tool Works
- SECO
- SUMITOMO ELECTRIC Hartmetall
- Samvardhana Motherson Group
- STAR SU
- Raymond
- Travers Tool
- Tiangong International
- vhf
- UNION TOOL
- WNT Tools
- ZCC Cutting Tools

Market drivers
- Growth of fabricated products in automotive industry
- For a full, detailed list, view the full report

Market challenges
- Rise in popularity of electrical discharge and electrochemical machining
- For a full, detailed list, view the full report

Market trends
- Use of rotary turning in high-temperature alloys in aerospace industry
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • CeramTec Group
  • FRAISA
  • Jiangsu Feida Drills
  • Mikron Tool
  • Sandvik
  • Tiangong International
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Boring
  • Facing
PART 07: Geographical segmentation
  • Market overview
  • APAC
  • EMEA
  • Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Use of face drivers
  • Additive manufacturing
  • Use of rotary turning in high-temperature alloys in aerospace industry
  • Enhanced growth of fabricated metal products
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Ingersoll Cutting Tool Company
  • ISCAR
  • Kennametal Foundation
  • Sandvik
  • Mikron Tool
  • NTK Cutting Tools
  • WNT tools
PART 13: Appendix
  • List of abbreviations
Exhibit 01: Tool holder styles and their operations
Exhibit 02: Global turning tools market segmentation by product 2016-2021 ($ billions)
Exhibit 03: Global turning tools market segmentation by region 2016-2021 ($ billions)
Exhibit 04: Global turning tools market segmentation
Exhibit 05: Global turning tools market 2017-2021 ($ billions)
Exhibit 06: Global vehicle sales in H1 2012 and H1 2016 (millions of units)
Exhibit 07: Trends in automotive sector
Exhibit 08: Global aerospace and defense market revenue performance
Exhibit 09: Expected growth factors for new shipbuilding orders
Exhibit 10: Five forces analysis
Exhibit 11: Global turning tools market segmentation by product type 2016-2021
Exhibit 12: Global turning tools market by boring 2016-2021 ($ billions)
Exhibit 13: Global turning tools market by facing 2016-2021 ($ billions)
Exhibit 14: Global turning tools market by region 2016 and 2021 (%)
Exhibit 15: Turning tools market in APAC 2016-2021 ($ billions)
Exhibit 16: Turning tools market in EMEA 2016-2021 ($ billions)
Exhibit 17: Turning tools market in Americas 2016-2021 ($ billions)
Exhibit 18: Global vehicle sales by vehicle types 2015
Exhibit 19: Performance outlook for automotive industry by region 2015-2021
Exhibit 20: Major investment by governments in emerging nations in APAC during forecast period
Exhibit 21: Impact of drivers
Exhibit 22: Global price trend of stainless steel June 2014-May 2015 ($/ton)
Exhibit 23: Investment over the years in oil and gas industry 2006-2016 ($ millions)
Exhibit 24: Impact of challenges
Exhibit 25: Advantages of using face driver
Exhibit 26: Global 3D printing market 2016-2021 ($ billions)
Exhibit 27: Types of rotary turning
Exhibit 28: Global fabricated metal products market 2015-2020 ($ trillions)
Exhibit 29: Other prominent vendors
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • CeramTec Group
  • FRAISA
  • Jiangsu Feida Drills
  • Mikron Tool
  • Sandvik
  • Tiangong International
  • MORE
New Report Released: – Global Turning Tools Market 2017-2021

The author of the report recognizes the following companies as the key players in the global turning tools market: Cutting Tool Company, ISCAR, Kennametal Foundation, Sandvik, Mikron Tool, NTK Cutting Tools, and WNT

Other Prominent Vendors in the market are: CERATIZIT, CeramTec Group, DEWALT, FRAISA, Guhring, Hanjiang Tool, Jiangsu Feida Drills, KYOCERA UNIMERCO, Mitsubishi Materials, MAPAL, Shanghai Tool Works, SECO, SUMITOMO ELECTRIC Hartmetall, Samvardhana Motherson Group, STAR SU, Raymond, Travers Tool, Tiangong International, vhf, UNION TOOL, WNT Tools, and ZCC Cutting Tools

Commenting on the report, an analyst from the research team said: “The manufacturing industry has witnessed the advent of a revolutionary technology, namely, 3D printing, which is also known as additive manufacturing. 3D printing is used to create three-dimensional objects using a digital file. The process usually involves building the product in thin layers, one by one. 3D printing enables the production of complex geometries that are either arduous or impossible with traditional manufacturing techniques.”

According to the report, the global construction market is witnessing a mixed trend across various regions. Although the slowdown in the Chinese economy has impacted the global construction market, infrastructure planning in developing economies such as India and Indonesia will boost the growth of the global cutting tools market. As a result, this will propel the demand for the turning tools and subsequently lead to the growth of the global tuning tools market.

Further, the report states that the Chinese economy, which was growing at double-digit rates, slowed down in 2014, continued to slow in 2015, and furthermore in the first half of 2016. In 2014, according to the World Bank, the Chinese GDP grew at only 7.3%, the slowest recorded growth since 1990. The slowdown was mainly attributed to the sluggish performance of the country's real estate sector, combined with the huge manufacturing overcapacity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • Cutting Tool Company
  • ISCAR
  • Kennametal Foundation
  • Sandvik
  • Mikron Tool
  • NTK Cutting Tools
  • WNT
  • CERATIZIT
  • CeramTec Group
  • DEWALT
  • FRAISA
  • Guhring
  • Hanjiang Tool
  • Jiangsu Feida Drills
  • KYOCERA UNIMERCO
  • Mitsubishi Materials
  • MAPAL
  • Shanghai Tool Works
  • SECO
  • SUMITOMO ELECTRIC Hartmetall
  • Samvardhana Motherson Group
  • STAR SU
  • Raymond
  • Travers Tool
  • Tiangong International
  • vhf
  • UNION TOOL
  • WNT Tools
  • ZCC Cutting Tools
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll