Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing demand for metal parts in major end-user industries and the rise in construction activities in emerging nations of APAC are some of the key market drivers. However, factors such as increased competition from substitute products will challenge market growth.
To learn about additional key drivers, trends, and challenges- Download our FREE Sample Report right now!
APAC will be the leading region with 48% of the market’s growth during the forecast period. China, Japan, and India are the key markets for metal cutting tools in APAC.
View our sample report for insights into the contribution of all the segments & regional opportunities in the report.
Some Companies Mentioned –
- AMADA Co. Ltd.
- Berkenhoff GmbH
- Colfax Corp.
- FANUC Corp.
- TRUMPF GmbH + Co. KG
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
Laser Cutting Machine Market –The laser cutting machine market size is expected to reach a value of USD 851.39 million, at a CAGR of 3.47%, during 2021-2025. Download a free sample report now!
Gas Cutting Machine Market –The gas cutting machine market size is expected to grow by $ 65.75 mn and record a CAGR of 2% during 2021-2025. Download a free sample now!
|
Metal Cutting Tools Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of over 3.96% |
|
Market growth 2021-2025 |
USD 4.26 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
3.00 |
|
Regional analysis |
APAC, Europe, North America, South America, and MEA |
|
Performing market contribution |
APAC at 48% |
|
Key consumer countries |
China, US, Germany, Japan, and India |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
AMADA Co. Ltd., Berkenhoff GmbH, Colfax Corp., DMG MORI AKTIENGESELLSCHAFT, FANUC Corp., Gedik Kaynak AS, Illinois Tool Works Inc., Mitsubishi Electric Corp., Sandvik AB, and TRUMPF GmbH + Co. KG |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.
