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Cutting Tool and Machine Tool Accessory Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5238079
  • Report
  • January 2021
  • Region: Global
  • 300 pages
  • The Business Research Company
1 of 5

FEATURED COMPANIES

  • Amada Co Ltd
  • Doosan Machine Tools
  • Kennametal Inc
  • Sandvik
  • MORE
Cutting Tool and Machine Tool Accessory Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global cutting tool and machine tool accessory market as it emerges from the COVID-19 shut down.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for cutting tool and machine tool accessory? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Cutting Tool and Machine Tool Accessory market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider cutting tool and machine tool accessory market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The cutting tool and machine tool accessory market section of the report gives context. It compares the cutting tool and machine tool accessory market with other segments of the metalworking machinery market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, cutting tool and machine tool accessory indicators comparison.
Scope

Markets Covered:
1) By Type: Metalworking Knives and Bits; Measuring Attachments; Metalworking Drill Bits; Machine Tool Taps and Dies
2) By Application: Automotive; Manufacturing; Others

Companies Mentioned: Doosan Machine Tools; Allied Machine & Engineering; Sandvik; Amada Co Ltd; Kennametal Inc

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, cutting tool and machine tool accessory indicators comparison.

Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Amada Co Ltd
  • Doosan Machine Tools
  • Kennametal Inc
  • Sandvik
  • MORE
1. Executive Summary

2. Report Structure

3. Cutting Tool and Machine Tool Accessory Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Cutting Tool and Machine Tool Accessory Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Cutting Tool and Machine Tool Accessory Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Cutting Tool and Machine Tool Accessory Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Cutting Tool and Machine Tool Accessory Market Trends and Strategies

8. Impact of COVID-19 on Cutting Tool and Machine Tool Accessory

9. Cutting Tool and Machine Tool Accessory Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market

10. Cutting Tool and Machine Tool Accessory Market Regional Analysis
10.1. Global Cutting Tool and Machine Tool Accessory Market, 2020, by Region, Value ($ Billion)
10.2. Global Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Cutting Tool and Machine Tool Accessory Market, Growth and Market Share Comparison, by Region

11. Cutting Tool and Machine Tool Accessory Market Segmentation
11.1. Global Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Metalworking Knives and Bits
  • Measuring Attachments
  • Metalworking Drill Bits
  • Machine Tool Taps and Dies
11.2. Global Cutting Tool and Machine Tool Accessory Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Automotive
  • Manufacturing
  • Others
12. Cutting Tool and Machine Tool Accessory Market Metrics
12.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Cutting Tool and Machine Tool Accessory Market Expenditure, 2015-2025, Global

13. Asia-Pacific Cutting Tool and Machine Tool Accessory Market
13.1. Asia-Pacific Cutting Tool and Machine Tool Accessory Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
13.2. Asia-Pacific, Cutting Tool and Machine Tool Accessory Market, 2020, by Country, Value ($ Billion)
13.3. Asia-Pacific, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
13.4. Asia-Pacific, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
13.5. Asia-Pacific, Cutting Tool and Machine Tool Accessory Market Metrics
13.5.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, Asia-Pacific Countries
13.5.2. Number of Enterprises, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Enterprises, 2020, Asia-Pacific Countries
13.5.3. Number of Employees, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Employees, 2020, Asia-Pacific Countries
13.6. Asia-Pacific Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7. Asia-Pacific Cutting Tool and Machine Tool Accessory Market: Country Analysis
13.7.1. China Cutting Tool and Machine Tool Accessory Market
13.7.1.1. China Cutting Tool and Machine Tool Accessory Market Overview
13.7.1.2. China Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.1.3. China Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2. Australia Cutting Tool and Machine Tool Accessory Market
13.7.2.1. Australia Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2.2. Australia Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.3. Hong Kong Cutting Tool and Machine Tool Accessory Market
13.7.3.1. Hong Kong Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4. India Cutting Tool and Machine Tool Accessory Market
13.7.4.1. India Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4.2. India Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5. Indonesia Cutting Tool and Machine Tool Accessory Market
13.7.5.1. Indonesia Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5.2. Indonesia Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6. Japan Cutting Tool and Machine Tool Accessory Market
13.7.6.1. Japan Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6.2. Japan Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.7. Malaysia Cutting Tool and Machine Tool Accessory Market
13.7.7.1. Malaysia Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.8. New Zealand Cutting Tool and Machine Tool Accessory Market
13.7.8.1. New Zealand Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.9. Philippines Cutting Tool and Machine Tool Accessory Market
13.7.9.1. Philippines Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.10. Singapore Cutting Tool and Machine Tool Accessory Market
13.7.10.1. Singapore Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11. South Korea Cutting Tool and Machine Tool Accessory Market
13.7.11.1. South Korea Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11.2. South Korea Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.12. Thailand Cutting Tool and Machine Tool Accessory Market
13.7.12.1. Thailand Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.13. Vietnam Cutting Tool and Machine Tool Accessory Market
13.7.13.1. Vietnam Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

14. Western Europe Cutting Tool and Machine Tool Accessory Market
14.1. Western Europe Cutting Tool and Machine Tool Accessory Market Overview
14.2. Western Europe, Cutting Tool and Machine Tool Accessory Market, 2020, by Country, Value ($ Billion)
14.3. Western Europe, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
14.4. Western Europe, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
14.5. Western Europe, Cutting Tool and Machine Tool Accessory Market Metrics
14.5.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, Western Europe Countries
14.5.2. Number of Enterprises, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Enterprises, 2020, Western Europe Countries
14.5.3. Number of Employees, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Employees, 2020, Western Europe Countries
14.6. Western Europe Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Western Europe Cutting Tool and Machine Tool Accessory Market: Country Analysis
14.7.1. Austria Cutting Tool and Machine Tool Accessory Market
14.7.1.1. Austria Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Belgium Cutting Tool and Machine Tool Accessory Market
14.7.2.1. Belgium Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Denmark Cutting Tool and Machine Tool Accessory Market
14.7.3.1. Denmark Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. Finland Cutting Tool and Machine Tool Accessory Market
14.7.4.1. Finland Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. France Cutting Tool and Machine Tool Accessory Market
14.7.5.1. France Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5.2. France Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Germany Cutting Tool and Machine Tool Accessory Market
14.7.6.1. Germany Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6.2. Germany Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Ireland Cutting Tool and Machine Tool Accessory Market
14.7.7.1. Ireland Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. Italy Cutting Tool and Machine Tool Accessory Market
14.7.8.1. Italy Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Netherlands Cutting Tool and Machine Tool Accessory Market
14.7.9.1. Netherlands Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Norway Cutting Tool and Machine Tool Accessory Market
14.7.10.1. Norway Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. Portugal Cutting Tool and Machine Tool Accessory Market
14.7.11.1. Portugal Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Spain Cutting Tool and Machine Tool Accessory Market
14.7.12.1. Spain Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Sweden Cutting Tool and Machine Tool Accessory Market
14.7.13.1. Sweden Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.14. Switzerland Cutting Tool and Machine Tool Accessory Market
14.7.14.1. Switzerland Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15. UK Cutting Tool and Machine Tool Accessory Market
14.7.15.1. UK Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15.2. UK Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

15. Eastern Europe Cutting Tool and Machine Tool Accessory Market
15.1. Eastern Europe Cutting Tool and Machine Tool Accessory Market Overview
15.2. Eastern Europe, Cutting Tool and Machine Tool Accessory Market, 2020, by Country, Value ($ Billion)
15.3. Eastern Europe, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
15.4. Eastern Europe, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
15.5. Eastern Europe, Cutting Tool and Machine Tool Accessory Market Metrics
15.5.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, Eastern Europe Countries
15.5.2. Number of Enterprises, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Enterprises, 2020, Eastern Europe Countries
15.5.3. Number of Employees, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Employees, 2020, Eastern Europe Countries
15.6. Eastern Europe Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Eastern Europe Cutting Tool and Machine Tool Accessory Market: Country Analysis
15.7.1. Czech Republic Cutting Tool and Machine Tool Accessory Market,
15.7.1.1. Czech Republic Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Poland Cutting Tool and Machine Tool Accessory Market
15.7.2.1. Poland Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Romania Cutting Tool and Machine Tool Accessory Market
15.7.3.1. Romania Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Russia Cutting Tool and Machine Tool Accessory Market
15.7.4.1. Russia Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4.2. Russia Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

16. North America Cutting Tool and Machine Tool Accessory Market
16.1. North America Cutting Tool and Machine Tool Accessory Market Overview
16.2. North America, Cutting Tool and Machine Tool Accessory Market, 2020, by Country, Value ($ Billion)
16.3. North America, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
16.4. North America, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
16.5. North America, Cutting Tool and Machine Tool Accessory Market Metrics
16.5.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, North America Countries
16.5.2. Number of Enterprises, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Enterprises, 2020, North America Countries
16.5.3. Number of Employees, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Employees, 2020, North America Countries
16.6. North America Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. North America Cutting Tool and Machine Tool Accessory Market: Country Analysis
16.7.1. Canada Cutting Tool and Machine Tool Accessory Market
16.7.1.1. Canada Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Mexico Cutting Tool and Machine Tool Accessory Market
16.7.2.1. Mexico Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. USA Cutting Tool and Machine Tool Accessory Market
16.7.3.1. USA Cutting Tool and Machine Tool Accessory Market Overview
16.7.3.2. USA Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3.3. USA Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

17. South America Cutting Tool and Machine Tool Accessory Market
17.1. South America Cutting Tool and Machine Tool Accessory Market Overview
17.2. South America, Cutting Tool and Machine Tool Accessory Market, 2020, by Country, Value ($ Billion)
17.3. South America, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
17.4. South America, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
17.5. South America, Cutting Tool and Machine Tool Accessory Market Metrics
17.5.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, South America Countries
17.5.2. Number of Enterprises, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Enterprises, 2020, South America Countries
17.5.3. Number of Employees, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Employees, 2020, South America Countries
17.6. South America Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. South America Cutting Tool and Machine Tool Accessory Market: Country Analysis
17.7.1. Argentina Cutting Tool and Machine Tool Accessory Market
17.7.1.1. Argentina Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Brazil Cutting Tool and Machine Tool Accessory Market
17.7.1.1. Brazil Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2.2. Brazil Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. Chile Cutting Tool and Machine Tool Accessory Market
17.7.3.1. Chile Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.4. Colombia Cutting Tool and Machine Tool Accessory Market
17.7.4.1. Colombia Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.5. Peru Cutting Tool and Machine Tool Accessory Market
17.7.5.1. Peru Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.6. Venezuela Cutting Tool and Machine Tool Accessory Market
17.7.6.1. Venezuela Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

18. Middle East Cutting Tool and Machine Tool Accessory Market
18.1. Middle East Cutting Tool and Machine Tool Accessory Market Overview
18.2. Middle East, Cutting Tool and Machine Tool Accessory Market, 2020, by Country, Value ($ Billion)
18.3. Middle East, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
18.4. Middle East, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
18.5. Middle East, Cutting Tool and Machine Tool Accessory Market Metrics
18.5.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, Middle East Countries
18.5.2. Number of Enterprises, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Enterprises, 2020, Middle East Countries
18.5.3. Number of Employees, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Employees, 2020, Middle East Countries
18.6. Middle East Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. Middle East Cutting Tool and Machine Tool Accessory Market: Country Analysis
18.7.1. Saudi Arabia Cutting Tool and Machine Tool Accessory Market
18.7.1.1. Saudi Arabia Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Israel Cutting Tool and Machine Tool Accessory Market
18.7.2.1. Israel Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Turkey Cutting Tool and Machine Tool Accessory Market
18.7.3.1. Turkey Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. UAE Cutting Tool and Machine Tool Accessory Market
18.7.4.1. UAE Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

19. Africa Cutting Tool and Machine Tool Accessory Market
19.1. Africa Cutting Tool and Machine Tool Accessory Market Overview
19.2. Africa, Cutting Tool and Machine Tool Accessory Market, 2020, by Country, Value ($ Billion)
19.3. Africa, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
19.4. Africa, Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
19.5. Africa, Cutting Tool and Machine Tool Accessory Market Metrics
19.5.1. Cutting Tool and Machine Tool Accessory Market Size, Percentage of GDP, 2015-2025, Africa Countries
19.5.2. Number of Enterprises, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Enterprises, 2020, Africa Countries
19.5.3. Number of Employees, Cutting Tool and Machine Tool Accessory Market, Cutting Tool and Machine Tool Accessory Market/Number of Employees, 2020, Africa Countries
19.6. Africa Cutting Tool and Machine Tool Accessory Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Africa Cutting Tool and Machine Tool Accessory Market: Country Analysis
19.7.1. Egypt Cutting Tool and Machine Tool Accessory Market
19.7.1.1. Egypt Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Nigeria Cutting Tool and Machine Tool Accessory Market
19.7.2.1. Nigeria Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. South Africa Cutting Tool and Machine Tool Accessory Market
19.7.3.1. South Africa Cutting Tool and Machine Tool Accessory Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

20. Cutting Tool and Machine Tool Accessory Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. Doosan Machine Tools
20.3.1.1. Company Overview
20.3.1.2. Products and Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Allied Machine & Engineering
20.3.2.1. Company Overview
20.3.2.2. Products and Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. Sandvik
20.3.3.1. Company Overview
20.3.3.2. Products and Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Amada Co Ltd
20.3.4.1. Company Overview
20.3.4.2. Products and Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5. Kennametal Inc
20.3.5.1. Company Overview
20.3.5.2. Products and Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance

21. Key Mergers and Acquisitions in the Cutting Tool and Machine Tool Accessory Market

22. Market Background: Metalworking Machinery Manufacturing Market
22.1. Metalworking Machinery Manufacturing Market Characteristics
22.2. Metalworking Machinery Manufacturing Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global
22.3. Global Metalworking Machinery Manufacturing Market, 2020, by Region, Value ($ Billion)
22.4. Global Metalworking Machinery Manufacturing Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
22.5. Global Metalworking Machinery Manufacturing Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)

23. Recommendations
23.1. Global Cutting Tool and Machine Tool Accessory Market in 2025- Growth Countries
23.2. Global Cutting Tool and Machine Tool Accessory Market in 2025- Growth Segments
23.3. Global Cutting Tool and Machine Tool Accessory Market in 2025- Growth Strategies

24. Appendix
24.1. NAICS Definitions of Industry Covered in This Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher

25. Copyright and Disclaimer
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amada Co Ltd
  • Doosan Machine Tools
  • Kennametal Inc
  • Sandvik
  • MORE
Major companies in the cutting tool and machine tool accessory market include Doosan Machine Tools; Allied Machine & Engineering; Sandvik; Amada Co Ltd and Kennametal Inc.

The global cutting tool and machine tool accessory market is expected to grow from $69. 47 billion in 2020 to $74. 95 billion in 2021 at a compound annual growth rate (CAGR) of 7. 9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $101. 09 billion in 2025 at a CAGR of 8%.

The cutting tool and machine tool accessory market consists of sales of cutting tool and machine tool accessory by entities (organizations, sole traders or partnerships) that produce accessories and attachments for metal cutting and metal forming machine tools including knives and bits for metalworking lathes, planers, and shapers, measuring attachments (e. g. , sine bars) for machine tools, metalworking drill bits and taps and dies (i. e. , machine tool accessories). The cutting tool and machine tool accessory market is segmented into metalworking knives and bits; measuring attachments; metalworking drill bits; and machine tool taps and dies.

Asia Pacific was the largest region in the global cutting tool and machine tool accessory market, accounting for 41% of the market in 2020. Western Europe was the second largest region accounting for 40% of the global cutting tool and machine tool accessory market. Africa was the smallest region in the global cutting tool and machine tool accessory market.

Machine tool manufacturers are producing 3D laser processing machines to reduce processing time for laser cutting and welding applications. 3D laser is a 5-axle laser machine which cuts sheet-metal components in three dimensions. Metals including mild steel, stainless less and aluminum can be cut using lasers. Laser cutting significantly reduces the processing time required for cutting applications and thus reduces costs. Other benefits include localized laser energy input, high feed rate and minimal heat input. 3D lasers are typically used in automotive and aerospace industry for cutting or welding of aluminum parts, drilling of engine parts, and laser surfacing of used parts. According to an article published by engineering. com, laser cutting machines account for the largest segment of metal cutting machinery market thus indicating a significant rise in the use of this technology . Major companies producing 3D laser cutting machines include Mitsubishi electric, Trumpf, LST GmbH, Mazak.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the cutting tool and machine tool accessory manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Machinery manufacturers depend heavily on supply of raw materials, parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the cutting tool and machine tool accessory manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Rapid advances in technology is expected to drive innovation in cutting tool and machine tool accessory manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs and higher margins. For instance, according to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on company’s growth and 86% of respondents considered that AI will help improve productivity. Lower operating costs lead to higher margins, this allows companies to increase product portfolio and to enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, central feedback systems and to offer other services. Mobile applications, advanced sensors and embedded software also created new opportunities for companies in this market. These factors are expected to drive the cutting tool and machine tool accessory manufacturing market during the forecast period.
Note: Product cover images may vary from those shown
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  • Doosan Machine Tools
  • Allied Machine & Engineering
  • Sandvik
  • Amada Co Ltd
  • Kennametal Inc
Note: Product cover images may vary from those shown
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