About Tooling
Metal cutting machine tools will remain the dominant segment, followed by machine tools accessories and metal forming tools, respectively. The global tooling market is dependent on the market dynamics of the global machine tools market. Industrial outputs that had taken a hit in many countries following the global economic recession of 2008 are at a stage of recovery. With the advent of industrial automation, key manufacturing industries, such as industrial machinery, aerospace, and automotive, are witnessing upward growth trajectories, which is evident in the stabilized global manufacturing Purchasing Managers' Index (PMI). The global tooling market focusses on the different types of tooling used for the machining of metal and other materials and the key end-user industries. The tools considered in the report are the most widely used and vital to the machining sector.
Technavio’s analysts forecast the global tooling market to grow at a CAGR of 5.90% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global tooling market for 2017-2021. To calculate the market size, the report considers the tooling used in machine tools only. It includes tool bits used in the machine tool industry.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Tooling 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
• BIG KAISER Precision tooling
• FRAISA
• Guhring
• Kennametal
• Sandvik
Other prominent vendors
• CERATIZIT
• Hanjiang Tool
• Ingersoll Cutting Tools/ ISCAR (IMC Group)
• Jiangsu Feida Tools
• KYOCERA Precision Tools
• LMT Onsrud
• MIKRON
• Mitsubishi Materials
• NACHI-FUJIKOSHI
• NTK Cutting Tools
• OSG
• Seco
• Shanghai Tool Works
• Sumitomo Electric Carbide
• UNION TOOL
• vhf camfacture
Market driver
• Increased adoption of HSS tools
• For a full, detailed list, view our report
Market challenge
• Fluctuating raw material prices
• For a full, detailed list, view our report
Market trend
• Use of rotary turning in high-temperature alloys in aerospace industry
• For a full, detailed list, view our 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Market definition
• Market sizing 2016
• Market size and forecast
PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
• Segmentation by product
• Comparison by product
• Milling tools – Market size and forecast
• Drills – Market size and forecast
• Stationary tool inserts – Market size and forecast
• Turning tools – Market size and forecast
• Market opportunity by product
PART 09: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• APAC – Market size and forecast
• Americas – Market size and forecast
• EMEA – Market size and forecast
• Key leading countries
• Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 12: MARKET TRENDS
• Use of rotary turning in high-temperature alloys in aerospace industry
• Use of double-sided inserts for rough turning applications
PART 13: VENDOR LANDSCAPE
• Competitive scenario
PART 14: VENDOR ANALYSIS
• Vendors covered
• Vendor classification
• Market positioning of vendors
• BIG KAISER Precision tooling
• FRAISA
• Guhring
• Kennametal
• Sandvik
PART 15: APPENDIX
• List of abbreviations
List of Exhibits
Exhibit 01: Current market scenario and future projections of each tool type
Exhibit 02: Current market scenario and future projections of each region
Exhibit 03: Related market
Exhibit 04: Global machine tools market
Exhibit 05: Market characteristics
Exhibit 06: Market segments
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2016
Exhibit 09: Validation techniques employed for market sizing 2016
Exhibit 10: Global – Market size and forecast 2016-2021 ($ bn)
Exhibit 11: Global – Year-over-year growth 2017-2021 (%)
Exhibit 12: Five forces analysis 2016
Exhibit 13: Five forces analysis 2021
Exhibit 14: Bargaining power of buyers
Exhibit 15: Bargaining power of suppliers
Exhibit 16: Threat of new entrants
Exhibit 17: Threat of substitutes
Exhibit 18: Threat of rivalry
Exhibit 19: Market condition - Five forces
Exhibit 20: Product – Market share 2016-2021 (%)
Exhibit 21: Comparison by product
Exhibit 22: Milling tools – Market size and forecast 2016-2021 ($ bn)
Exhibit 23: Milling tools – Year-over-year growth 2017-2021 (%)
Exhibit 24: Drills – Market size and forecast 2016-2021 ($ bn)
Exhibit 25: Drills – Year-over-year growth 2017-2021 (%)
Exhibit 26: Stationary tool inserts – Market size and forecast 2016-2021 ($ bn)
Exhibit 27: Stationary tool inserts – Year-over-year growth 2017-2021 (%)
Exhibit 28: Turning tools – Market size and forecast 2016-2021 ($ bn)
Exhibit 29: Turning tools – Year-over-year growth 2017-2021 (%)
Exhibit 30: Market opportunity by product
Exhibit 31: Global – Market share by geography 2016-2021 (%)
Exhibit 32: Regional comparison
Exhibit 33: APAC – Market size and forecast 2016-2021 ($ bn)
Exhibit 34: APAC – Year-over-year growth 2017-2021 (%)
Exhibit 35: Americas – Market size and forecast 2016-2021 ($ bn)
Exhibit 36: Americas – Year-over-year growth 2017-2021 (%)
Exhibit 37: EMEA – Market size and forecast 2016-2021 ($ bn)
Exhibit 38: EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 39: Key leading countries
Exhibit 40: Major investment by governments in emerging countries in APAC during 2016-2021
Exhibit 41: Global price trend of stainless steel June 2014-May 2015 ($/ton)
Exhibit 42: Challenges faced by European machine tool industry
Exhibit 43: Types of rotary turning
Exhibit 44: Benefits of double-sided inserts
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Vendor overview
Exhibit 48: BIG KAISER Precision tooling – Business segments
Exhibit 49: BIG KAISER Precision tooling – Organizational developments
Exhibit 50: BIG KAISER Precision tooling – Geographic focus
Exhibit 51: BIG KAISER Precision tooling – Segment focus
Exhibit 52: BIG KAISER Precision tooling – Key offerings
Exhibit 53: Vendor overview
Exhibit 54: FRAISA – Business segments
Exhibit 55: FRAISA – Organizational developments
Exhibit 56: FRAISA – Geographic focus
Exhibit 57: FRAISA – Segment focus
Exhibit 58: FRAISA – Key offerings
Exhibit 59: Vendor overview
Exhibit 60: Guhring – Business segments
Exhibit 61: Guhring – Organizational developments
Exhibit 62: Guhring – Geographic focus
Exhibit 63: Guhring – Segment focus
Exhibit 64: Guhring – Key offerings
Exhibit 65: Vendor overview
Exhibit 66: Kennametal – Business segments
Exhibit 67: Kennametal – Organizational developments
Exhibit 68: Kennametal – Geographic focus
Exhibit 69: Kennametal – Segment focus
Exhibit 70: Kennametal – Key offerings
Exhibit 71: Vendor overview
Exhibit 72: Sandvik– Business segments
Exhibit 73: Sandvik– Organizational developments
Exhibit 74: Sandvik– Geographic focus
Exhibit 75: Sandvik– Segment focus
Exhibit 76: Sandvik– Key offerings
