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Boring Tools - Global Market Trajectory & Analytics

  • ID: 5139566
  • Report
  • September 2020
  • Region: Global
  • 188 pages
  • Global Industry Analysts, Inc
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Global Boring Tools Market to Reach $4.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Boring Tools estimated at US$3.3 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027. Transportation, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$2.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the General Machinery segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The U. S. Market is Estimated at $894.6 Million, While China is Forecast to Grow at 8.9% CAGR

The Boring Tools market in the U. S. is estimated at US$894.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Precision Engineering Segment to Record 5.5% CAGR

In the global Precision Engineering segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$469.9 Million in the year 2020 will reach a projected size of US$663.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$660.7 Million by the year 2027, while Latin America will expand at a 6.7% CAGR through the analysis period. We bring years of research experience to this 7th edition of our report. The 188-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Advanced Carbide Tool Company
  • Alesa AG
  • Allegheny Technologies, Inc. (ATI)
  • AMAMCO Tool
  • Asahi Diamond Industrial Co., Ltd.
  • BECKER Diamantwerkzeuge GmbH
  • BIG KAISER Precision Tooling, Inc.
  • Boehlerit GmbH & Co. KG
  • CeramTec GmbH
  • CERATIZIT Deutschland GmbH
  • Cerin S. p. A.
  • DAPRA Corporation
  • DIJET Industrial Co., Ltd.
  • Dorian Tool International Incorporated
  • Dura-Mill, Inc.
  • Elenco Carbide Tool Corporation
  • Ferguson Enterprises, Inc.
  • Five Star Tool Company
  • Forbes & Company Limited
  • Fullerton Tool Company
  • Guhring KG
  • Harvey Tool Company, LLC
  • Higred Tools Co. Ltd.
  • IMCO Carbide Tool Inc.
  • Internal Tool, Inc.
  • ISCAR Ltd.
  • Jarvis Cutting Tools
  • Kennametal Inc.
  • KOMET GROUP GmbH
  • KYOCERA SGS Precision Tools
  • LMT TOOLS
  • LUKAS-ERZETT Vereinigte Schleif- und Fraswerkzeugfabriken GmbH & Co. KG
  • M. A. Ford Mfg. Co., Inc.
  • MAPAL Dr. Kress KG
  • Mastercut Tool Corporation
  • Melin Tool Company
  • Miranda Tools
  • Mitsubishi Materials Corporation
  • Morgood Tools, Inc.
  • Nachi-Fujikoshi Corporation
  • OSG Corporation
  • Rigibore Ltd.
  • Rock River Tool Inc.
  • Sandvik AB
  • SECO Tools AB
  • Swiss Tool Systems AG
  • Walter AG
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Global Competitor Market Shares
  • Boring Tools Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Boring Tools Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Boring Tools Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
  • TABLE 3: Boring Tools Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Transportation (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
  • TABLE 5: Transportation (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 6: Transportation (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: General Machinery (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
  • TABLE 8: General Machinery (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
  • TABLE 9: General Machinery (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
  • TABLE 10: Precision Engineering (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 11: Precision Engineering (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 12: Precision Engineering (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Boring Tools Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 13: United States Boring Tools Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
  • TABLE 14: Boring Tools Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019
  • TABLE 15: Boring Tools Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
  • TABLE 16: Canadian Boring Tools Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
  • TABLE 17: Boring Tools Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
  • TABLE 18: Canadian Boring Tools Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
  • TABLE 19: Japanese Demand Estimates and Forecasts for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 20: Japanese Boring Tools Market in US$ Million by End-Use: 2012-2019
  • TABLE 21: Boring Tools Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
CHINA
  • TABLE 22: Chinese Demand for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 23: Boring Tools Market Review in China in US$ Million by End-Use: 2012-2019
  • TABLE 24: Chinese Boring Tools Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
  • Market Facts & Figures
  • European Boring Tools Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 25: European Boring Tools Market Demand Scenario in US$ Million by Region/Country: 2020-2027
  • TABLE 26: Boring Tools Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
  • TABLE 27: European Boring Tools Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 28: European Boring Tools Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
  • TABLE 29: Boring Tools Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
  • TABLE 30: European Boring Tools Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
  • TABLE 31: Boring Tools Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
  • TABLE 32: French Boring Tools Historic Market Review in US$ Million by End-Use: 2012-2019
  • TABLE 33: French Boring Tools Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
GERMANY
  • TABLE 34: Boring Tools Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
  • TABLE 35: German Boring Tools Market in Retrospect in US$ Million by End-Use: 2012-2019
  • TABLE 36: Boring Tools Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
  • TABLE 37: Italian Demand for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 38: Boring Tools Market Review in Italy in US$ Million by End-Use: 2012-2019
  • TABLE 39: Italian Boring Tools Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
  • TABLE 40: United Kingdom Demand Estimates and Forecasts for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 41: United Kingdom Boring Tools Market in US$ Million by End-Use: 2012-2019
  • TABLE 42: Boring Tools Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
SPAIN
  • TABLE 43: Spanish Boring Tools Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
  • TABLE 44: Boring Tools Market in Spain: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
  • TABLE 45: Spanish Boring Tools Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
RUSSIA
  • TABLE 46: Russian Boring Tools Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
  • TABLE 47: Boring Tools Historic Demand Patterns in Russia by End-Use in US$ Million for 2012-2019
  • TABLE 48: Boring Tools Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
  • TABLE 49: Rest of Europe Boring Tools Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
  • TABLE 50: Boring Tools Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
  • TABLE 51: Rest of Europe Boring Tools Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
  • TABLE 52: Asia-Pacific Boring Tools Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 53: Boring Tools Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
  • TABLE 54: Asia-Pacific Boring Tools Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 55: Boring Tools Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
  • TABLE 56: Asia-Pacific Boring Tools Historic Market Review in US$ Million by End-Use: 2012-2019
  • TABLE 57: Asia-Pacific Boring Tools Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
AUSTRALIA
  • TABLE 58: Boring Tools Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
  • TABLE 59: Australian Boring Tools Market in Retrospect in US$ Million by End-Use: 2012-2019
  • TABLE 60: Boring Tools Market Share Distribution in Australia by End-Use:2012 VS 2020 VS 2027
INDIA
  • TABLE 61: Indian Boring Tools Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
  • TABLE 62: Boring Tools Market in India: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
  • TABLE 63: Indian Boring Tools Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SOUTH KOREA
  • TABLE 64: Boring Tools Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
  • TABLE 65: South Korean Boring Tools Historic Market Analysis in US$ Million by End-Use: 2012-2019
  • TABLE 66: Boring Tools Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
  • TABLE 67: Rest of Asia-Pacific Demand Estimates and Forecasts for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 68: Rest of Asia-Pacific Boring Tools Market in US$ Million by End-Use: 2012-2019
  • TABLE 69: Boring Tools Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027
LATIN AMERICA
  • TABLE 70: Latin American Boring Tools Market Trends by Region/Country in US$ Million: 2020-2027
  • TABLE 71: Boring Tools Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
  • TABLE 72: Latin American Boring Tools Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
  • TABLE 73: Latin American Demand for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 74: Boring Tools Market Review in Latin America in US$ Million by End-Use: 2012-2019
  • TABLE 75: Latin American Boring Tools Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
ARGENTINA
  • TABLE 76: Argentinean Boring Tools Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
  • TABLE 77: Boring Tools Market in Argentina: Summarization of Historic Demandin US$ Million by End-Use for the Period 2012-2019
  • TABLE 78: Argentinean Boring Tools Market Share Analysis by End-Use:2012 VS 2020 VS 2027
BRAZIL
  • TABLE 79: Boring Tools Quantitative Demand Analysis in Brazil in US$ Million by End-Use: 2020-2027
  • TABLE 80: Brazilian Boring Tools Historic Market Review in US$ Million by End-Use: 2012-2019
  • TABLE 81: Brazilian Boring Tools Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
MEXICO
  • TABLE 82: Boring Tools Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
  • TABLE 83: Mexican Boring Tools Market in Retrospect in US$ Million by End-Use:2012-2019
  • TABLE 84: Boring Tools Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
  • TABLE 85: Rest of Latin America Boring Tools Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
  • TABLE 86: Boring Tools Historic Demand Patterns in Rest of Latin America by End-Use in US$ Million for 2012-2019
  • TABLE 87: Boring Tools Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027
MIDDLE EAST
  • TABLE 88: The Middle East Boring Tools Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 89: Boring Tools Market in the Middle East by Region/Country in US$ Million:2012-2019
  • TABLE 90: The Middle East Boring Tools Market Share Breakdown by Region/Country: 2012, 2020, and 2027
  • TABLE 91: The Middle East Boring Tools Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
  • TABLE 92: Boring Tools Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
  • TABLE 93: The Middle East Boring Tools Market Share Analysis by End-Use:2012 VS 2020 VS 2027
IRAN
  • TABLE 94: Iranian Demand Estimates and Forecasts for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 95: Iranian Boring Tools Market in US$ Million by End-Use: 2012-2019
  • TABLE 96: Boring Tools Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027
ISRAEL
  • TABLE 97: Israeli Boring Tools Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
  • TABLE 98: Boring Tools Market in Israel: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
  • TABLE 99: Israeli Boring Tools Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SAUDI ARABIA
  • TABLE 100: Saudi Arabian Demand for Boring Tools in US$ Million by End-Use: 2020 to 2027
  • TABLE 101: Boring Tools Market Review in Saudi Arabia in US$ Million by End-Use: 2012-2019
  • TABLE 102: Saudi Arabian Boring Tools Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
  • TABLE 103: Boring Tools Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
  • TABLE 104: United Arab Emirates Boring Tools Historic Market Analysis in US$ Million by End-Use: 2012-2019
  • TABLE 105: Boring Tools Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
  • TABLE 106: Boring Tools Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
  • TABLE 107: Rest of Middle East Boring Tools Market in Retrospect in US$ Million by End-Use: 2012-2019
  • TABLE 108: Boring Tools Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027
AFRICA
  • TABLE 109: African Boring Tools Latent Demand Forecasts in US$ Million by End-Use:2020 to 2027
  • TABLE 110: Boring Tools Historic Demand Patterns in Africa by End-Use in US$ Million for 2012-2019
  • TABLE 111: Boring Tools Market Share Breakdown in Africa by End-Use:2012 VS 2020 VS 2027
IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown
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