The high speed steel (HSS) tools market registered a valuation of US$ 5.6 billion in 2022. The market’s worth is anticipated to increase at a compound annual growth rate (CAGR) of 6% between 2023 and 2033. According to Future Market Insights, the high speed steel (HSS) tools market is anticipated to reach US$ 10.6 billion by the end of the 2023 to 2033 period of assessment.
| Attributes | Details |
|---|---|
| High Speed Steel (HSS) Tools Market Value (2022) | US$ 5.6 billion |
| High Speed Steel (HSS) Tools Market Value (2023) | US$ 5.9 billion |
| High Speed Steel (HSS) Tools Market Expected Value (2033) | US$ 10.6 billion |
| High Speed Steel (HSS) Tools Market Projected CAGR (2023 to 2033) | 6% |
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Driven by increasing investments in mechanical equipment and rapid industrialization in developing nations, the high-speed steel (HSS) tools market rose at a 5.2% CAGR from 2018 to 2022.
The automotive and industrial sector has experienced rapid growth in recent years owing to which manufacturers are expanding their production capacities. The conventional methods for various industrial applications make this process very time consuming as well as risky for the workers. This has pushed investments in innovative solutions.
Key factors that drive the popularity of HSS tools amongst customers include durability and convenient usage, which makes them favorable for various end-use applications. High-speed steel tools find use owing to their wide range of dedicated applications in myriad end-use sectors.
Cutting and precision tools are driving the demand for HSS tools due to their enhanced implementation in various industries not only in developed but developing countries. Increasing investments in industrial machinery and machining equipment is a prime factor driving the growth of the market. As per FMI, the market will rise at a 6% CAGR between 2023 and 2033.
Upgrade in lifestyle in Developed Nations to Propel The Market growth
Changes in lifestyle, observed especially in developed countries in North America and Europe have led to the emergence of a new generation of DIY interior decorators. This trend is gradually penetrating developing regions.
The relatively faster rise in population, coupled with increasing disposable income, is fueling the DIY market. Evolving lifestyles in middle-income countries will emerge as a chief driver of HSS tool sales.
The use of DIY products lowers long-term costs, as outsourced to expensive labor. This has resulted in increased demand for DIY and household applications. Additionally, the advent of e-commerce has enabled easy access and better discounts for consumers. These factors are expected to bolster the demand for DIY applications.
The growing use of smartphones and the convenience of purchasing products from the comfort of their home is driving growth. The Internet has revolutionized the retail industry by expanding the reach of retailers. Therefore, consumers have inclined towards online purchases as compared to offline options.
Principal Consultant
Developed Industrial Sector in United States to Accelerate the Market growth
North America is expected to hold a dominant share during the forecast period, according to Future Market Insights. According to the study, the United States is expected to account for nearly 87% of the North American market through 2033.
The United States developed industrial sector is one of the main factors supporting market growth. The manufacturing industry accounts for 10.8 percent of the United States economy calculated by Gross Domestic Product (GDP), according to CMS' Office of the Actuary estimates.
Furthermore, the United States remains one of the world's largest markets for industrial equipment, making it a lucrative market for HSS tools manufacturers. In addition, prominent end-use sectors such as automotive and transportation, oil and gas, and construction sectors in the United States are expected to drive growth in demand during the forecast period.
High Expenditure in Industrial Growth to Propel the Market
Demand in the German market is expected to rise at nearly 5% CAGR over the forecast period. Owing to investments in industrial expansions and technological developments, Germany has become one of the world’s leading machinery producing nations.
Consequently, it accounts for relatively higher expenditure among other countries in Europe. As per the report, Germany is recognized as a primary market, and it is expected to continue exhibiting high demand for HSS Tools through the forecast period.
Rising research activities, the presence of several major players, and the growing automotive industry in the country are providing attractive opportunities for high-speed steel (HSS) tools producers in the long term.
The emergence of Hi-tech Solution to Raise the Market Growth
China is one of the world’s top manufacturers and consumers of industrial machinery. It is expected to account for over 40% of HSS tools sales within China throughout the forecast period.
Manufacturers in the country have a competitive advantage as they have access to cutting-edge research to address previously unexplored challenges. Additionally, they are constantly investing in order to expand their operations, which is resulting in a promising and innovative market for cutting and precision tools.
China is also a leading producer of high-tech solutions and industrial expansion in the country is expected to gain from government initiatives and investments. This is boosting the demand for HSS tools in the forecast Period. Importantly, the shift of the manufacturing industry from Europe to China as a consequence of low cost and improved manufacturing capabilities will also generate a strong growth trajectory.
Expansion in the Indian Automobile Industry to propel the market
In 2022, India accounted for over 39% of sales in South Asia. Government initiatives like Make in India and Invest in India are anticipated to aid the expansion of India's industrial sector.
India is considered to be a leading countries for industrial manufacturing processes in the South Asia and Pacific region, which results in the increasing demand for high-speed steel (HSS) tools in the country.
Growth in the Indian automobile industry and the government’s lookout towards the same is also driving demand as the Government of India presented a vision to be the 2nd largest automobile manufacturer by 2030.
Production of Heavy Equipment and Construction to Drive Segment Growth
Based on product types, drills account for a leading category, accounting for 41% of the market in 2022, surpassing drill taps, mills, countersinks, cutters, reamers, square tool bits, and more.
The availability of drills for multiple applications such as furniture, metalworking, automotive parts manufacturing, heavy machinery manufacturing, and construction has created attractive market prospects.
Machine Based Tools Segment to Hold Highest Market Share
Machine based tools are primarily used with high-speed machinery such as lathe machines and CNC machines among others. The massive growth in industrialization, and the demand for automated and semi-automated solutions will drive demand.
Machine based HSS tools will account for over 95% of the market by the end of the forecast period in 2033. Higher demand for precision tools will also contribute to long-term developments in the industry.
Coated Segment to Account for Lion’s Share
The coated segment is estimated to hold the highest demand share of the HSS tools market. Coated products were estimated to account for more than 68% in 2022 due to their anti-corrosive properties.
Coated tools also provide higher resistance to wear and tear which enhances its durability. Rising coating technology and innovative coating materials are being launched which is expected to drive the sales higher for the coated HSS tools segment.
The automotive and transportation segment is expected to contribute a maximum revenue share of more than 51% in the global high-speed steel (HSS) tools market, various countries are investing a huge amount of capital to develop and enlarge the automotive and transportation sector, with the influx of EVs and hybrids creating key opportunities.
Advancements in the production of automotive vehicles and their parts have created a huge scope for the application of HSS tools in the automotive industry. Also, various auto manufacturers are investing in fabrication and machining techniques which are fueling sales.
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Companies operating in the high-speed steel (HSS) tools market are aiming at expanding their product range for precise applications for which they are investing a huge amount in research and development activities.
Manufacturers are targeting end users by providing customized products for specific applications which is enhancing their market share while bolstering consumer loyalty.
Companies are focusing on strategic collaborations and partnerships with other manufacturers to expand their product portfolio while addressing the demand to expand their customer base.
| Attribute | Details |
|---|---|
| Market Value in 2023 | US$ 5.9 billion |
| Market Value in 2033 | US$ 10.6 billion |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Quantitative Units | US$ billion for Value |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, China, Japan, South Korea, Singapore, Thailand, Indonesia, Australia, New Zealand, GCC Countries, South Africa, Israel |
| Key Segments Covered | Tool Type, Fabrication, Configuration, End Use Industry, Region |
| Key Companies Profiled | Sandvik AB; Mitsubishi Materials Corporation; OSG Corporation; Kennametal Inc.; YG-1 Co. Ltd.; TTI Group; Stanley Black & Decker Inc.; Tiangong International Co. Ltd.; Sumitomo Electric Hartmetall GmbH; TDC Cutting Tools Inc.; CERATIZIT S.A.; KYOCERA Corporation; Gühring KG; Walter AG; RUKO GmbH |
| Customization & Pricing | Available upon Request |
The market expanded at a CAGR of 5.2%.
The market is valued at US$ 5.9 billion in 2023.
The Internet has revolutionized the retail industry by expanding the reach of retailers.
The United States is expected to account for nearly 87% through 2033.
The market is likely to surpass US$ 10.6 billion by 2033.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Tool Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Tool Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Tool Type, 2023 to 2033
5.3.1. Drill Taps
5.3.1.1. Combo Taps
5.3.1.2. Spiral Flute Taps
5.3.1.3. Spiral Point Taps
5.3.1.4. Taper Pipe Taps
5.3.1.5. Fluteless Taps
5.3.1.6. Machine Taps
5.3.1.7. Hand Taps
5.3.1.8. Round Dies
5.3.2. Drills
5.3.2.1. Extra Length Drill
5.3.2.2. Double Ended Body Drill
5.3.2.3. Straight Flute Drill
5.3.2.4. Spiral Drill
5.3.2.5. Slow Helix
5.3.2.6. Taper Pin Drills
5.3.2.7. Straight Shank Drills
5.3.2.8. Taper Shank Drills
5.3.2.9. Parallel Shank Drills
5.3.2.10. Aircraft Extension Drills
5.3.3. Mills
5.3.3.1. End Mills
5.3.3.2. Hollow Mills
5.3.3.3. Threaded Mills
5.3.4. Countersinks
5.3.4.1. Single Flute Based
5.3.4.2. Three Flute Based
5.3.4.3. Deburring Countersinks
5.3.5. Cutters
5.3.5.1. Back Spot Face Cutters
5.3.5.2. Slot Cutters
5.3.5.3. Routing Cutters
5.3.5.4. Corner Rounding Cutter
5.3.5.5. Single Flute Deburring Cutter
5.3.6. Reamers
5.3.6.1. Drill Reamers
5.3.6.2. Socket Reamers
5.3.6.3. Ball Pin Reamers
5.3.6.4. Taper Shank Bridge Reamer
5.3.6.5. Angle Reamer
5.3.7. Square Tool Bits
5.3.8. Drill Blanks and Sets
5.3.9. Counterbores
5.3.10. Round Bits
5.3.11. Rotary Burrs
5.3.12. Hole Saws
5.4. Y-o-Y Growth Trend Analysis By Tool Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Tool Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Fabrication
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Fabrication, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Fabrication, 2023 to 2033
6.3.1. Coated
6.3.2. Non-Coated
6.4. Y-o-Y Growth Trend Analysis By Fabrication, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Fabrication, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Configuration
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Configuration, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Configuration, 2023 to 2033
7.3.1. Hand Based
7.3.2. Machine Based
7.4. Y-o-Y Growth Trend Analysis By Configuration, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Configuration, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Industry
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use Industry, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use Industry, 2023 to 2033
8.3.1. Metal Fabrication
8.3.2. Automotive and Transportation
8.3.2.1. Automotive
8.3.2.2. Railways
8.3.2.3. Aerospace
8.3.2.4. Marine
8.3.3. Heavy Machinery
8.3.4. Construction
8.3.5. Furniture & Carpentry
8.3.6. Oil & Gas
8.3.7. DIY
8.3.8. Other Manufacturing
8.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By End Use Industry, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. Asia Pacific
9.3.5. MEA
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. U.S.
10.2.1.2. Canada
10.2.2. By Tool Type
10.2.3. By Fabrication
10.2.4. By Configuration
10.2.5. By End Use Industry
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Tool Type
10.3.3. By Fabrication
10.3.4. By Configuration
10.3.5. By End Use Industry
10.4. Key Takeaways
11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Tool Type
11.2.3. By Fabrication
11.2.4. By Configuration
11.2.5. By End Use Industry
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Tool Type
11.3.3. By Fabrication
11.3.4. By Configuration
11.3.5. By End Use Industry
11.4. Key Takeaways
12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. U.K.
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Tool Type
12.2.3. By Fabrication
12.2.4. By Configuration
12.2.5. By End Use Industry
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Tool Type
12.3.3. By Fabrication
12.3.4. By Configuration
12.3.5. By End Use Industry
12.4. Key Takeaways
13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.1.4. Singapore
13.2.1.5. Thailand
13.2.1.6. Indonesia
13.2.1.7. Australia
13.2.1.8. New Zealand
13.2.1.9. Rest of Asia Pacific
13.2.2. By Tool Type
13.2.3. By Fabrication
13.2.4. By Configuration
13.2.5. By End Use Industry
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Tool Type
13.3.3. By Fabrication
13.3.4. By Configuration
13.3.5. By End Use Industry
13.4. Key Takeaways
14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Tool Type
14.2.3. By Fabrication
14.2.4. By Configuration
14.2.5. By End Use Industry
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Tool Type
14.3.3. By Fabrication
14.3.4. By Configuration
14.3.5. By End Use Industry
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Tool Type
15.1.2.2. By Fabrication
15.1.2.3. By Configuration
15.1.2.4. By End Use Industry
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Tool Type
15.2.2.2. By Fabrication
15.2.2.3. By Configuration
15.2.2.4. By End Use Industry
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Tool Type
15.3.2.2. By Fabrication
15.3.2.3. By Configuration
15.3.2.4. By End Use Industry
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Tool Type
15.4.2.2. By Fabrication
15.4.2.3. By Configuration
15.4.2.4. By End Use Industry
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Tool Type
15.5.2.2. By Fabrication
15.5.2.3. By Configuration
15.5.2.4. By End Use Industry
15.6. U.K.
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Tool Type
15.6.2.2. By Fabrication
15.6.2.3. By Configuration
15.6.2.4. By End Use Industry
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Tool Type
15.7.2.2. By Fabrication
15.7.2.3. By Configuration
15.7.2.4. By End Use Industry
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Tool Type
15.8.2.2. By Fabrication
15.8.2.3. By Configuration
15.8.2.4. By End Use Industry
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Tool Type
15.9.2.2. By Fabrication
15.9.2.3. By Configuration
15.9.2.4. By End Use Industry
15.10. China
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Tool Type
15.10.2.2. By Fabrication
15.10.2.3. By Configuration
15.10.2.4. By End Use Industry
15.11. Japan
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Tool Type
15.11.2.2. By Fabrication
15.11.2.3. By Configuration
15.11.2.4. By End Use Industry
15.12. South Korea
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Tool Type
15.12.2.2. By Fabrication
15.12.2.3. By Configuration
15.12.2.4. By End Use Industry
15.13. Singapore
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Tool Type
15.13.2.2. By Fabrication
15.13.2.3. By Configuration
15.13.2.4. By End Use Industry
15.14. Thailand
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Tool Type
15.14.2.2. By Fabrication
15.14.2.3. By Configuration
15.14.2.4. By End Use Industry
15.15. Indonesia
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Tool Type
15.15.2.2. By Fabrication
15.15.2.3. By Configuration
15.15.2.4. By End Use Industry
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Tool Type
15.16.2.2. By Fabrication
15.16.2.3. By Configuration
15.16.2.4. By End Use Industry
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Tool Type
15.17.2.2. By Fabrication
15.17.2.3. By Configuration
15.17.2.4. By End Use Industry
15.18. GCC Countries
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Tool Type
15.18.2.2. By Fabrication
15.18.2.3. By Configuration
15.18.2.4. By End Use Industry
15.19. South Africa
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Tool Type
15.19.2.2. By Fabrication
15.19.2.3. By Configuration
15.19.2.4. By End Use Industry
15.20. Israel
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Tool Type
15.20.2.2. By Fabrication
15.20.2.3. By Configuration
15.20.2.4. By End Use Industry
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Tool Type
16.3.3. By Fabrication
16.3.4. By Configuration
16.3.5. By End Use Industry
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Sandvik AB
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Mitsubishi Materials Corporation
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. OSG Corporation
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Kennametal Inc.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. YG-1 Co., Ltd.
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. TTI Group
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Stanley Black & Decker, Inc.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Tiangong International Co. Ltd.
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Sumitomo Electric Hartmetall GmbH
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. TDC Cutting Tools Inc.
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
17.1.11. CERATIZIT S.A.
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
17.1.12. KYOCERA Corporation
17.1.12.1. Overview
17.1.12.2. Product Portfolio
17.1.12.3. Profitability by Market Segments
17.1.12.4. Sales Footprint
17.1.12.5. Strategy Overview
17.1.12.5.1. Marketing Strategy
17.1.12.5.2. Product Strategy
17.1.12.5.3. Channel Strategy
17.1.13. Gühring KG
17.1.13.1. Overview
17.1.13.2. Product Portfolio
17.1.13.3. Profitability by Market Segments
17.1.13.4. Sales Footprint
17.1.13.5. Strategy Overview
17.1.13.5.1. Marketing Strategy
17.1.13.5.2. Product Strategy
17.1.13.5.3. Channel Strategy
17.1.14. Walter AG
17.1.14.1. Overview
17.1.14.2. Product Portfolio
17.1.14.3. Profitability by Market Segments
17.1.14.4. Sales Footprint
17.1.14.5. Strategy Overview
17.1.14.5.1. Marketing Strategy
17.1.14.5.2. Product Strategy
17.1.14.5.3. Channel Strategy
17.1.15. RUKO GmbH
17.1.15.1. Overview
17.1.15.2. Product Portfolio
17.1.15.3. Profitability by Market Segments
17.1.15.4. Sales Footprint
17.1.15.5. Strategy Overview
17.1.15.5.1. Marketing Strategy
17.1.15.5.2. Product Strategy
17.1.15.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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High Speed Steel (HSS) Tools Market
