Detailed Research Contents
Summary
Our products are now offered in two distinct platforms:
- Published Research Reports, and
- Ulysses™, a new online data search platform.
Our research has been industry proven as a consistently reliable source of market intelligence for many years. Through our experience publishing research reports on machining and materials, we have been able to offer clients valuable insights into new and existing markets.
Now, with the introduction of the Ulysses™ Data Subscription Service, our goal is to offer clients the convenience of creating their own tailored reports based on our core intelligence.
Research Criteria Used
Research Objectives & Methodology
Research Objectives
The primary objectives in this analysis are:
- To provide clients with the tools they need to accurately assess their market opportunities and potential;
- To determine the size of the total market opportunity by cutting tool product types, end-user industry, workpiece materials, and grade by country;
- To forecast future growth in each product by geographic and end-use market; and
- To assess the competitive environment within the market including supplier sales, market share, and producer profiles.
Methodology & Sources
Dedalus Consulting employs all current market and competitive intelligence techniques in order to ensure comprehensive research and analysis. This includes primary and secondary research. The research methodology applies generally to all database services, published and custom research. It can also be modified to suit a project and the client’s specific objectives.
Products covered include: solid tools and indexable inserts; milling, turning, drilling, and other tools (e.g., burrs, taps, dies and reamers). Grades include cemented carbide, tool steels, ceramic, cermet, cBN/PcBN, and diamond tools. Market trends and forecasts are provided for the years 2017-2023.
Product Types and Subtypes Covered
Product Types and Subtypes Covered
Milling Tools
- End/Face Milling
- Slotting/Slitting
- Plunge Milling
- Contouring
- Profiling
- Threading
- Micromachining
- Other
Turning Tools
- ISO Turning
- Parting/Grooving
- Threading
- Profiling
- Micromachining
- Other
Drilling Tools
- Standard Depth Drilling
- Deep Hole Drilling
- Threading
- Micromachining
- Interchangeable Tip
- Other
Other Cutting Tools
- Reamers
- Taps
- Dies
- Burrs
- Other
Cutting Tool Grades
Cutting Tool Grades
- Cemented (Tungsten) Carbides
- High-Speed Steel (HSS)
- Ceramics
- Cermets
- cBN/PcBN
- Diamond Tools
Workpiece Materials
Workpiece Materials
- Cast Irons
- Carbon Steels
- Stainless Steels
- High-Temperature/Super Alloys
- Hardened Materials
- Non-Ferrous Metals
- Non-Metallics
Geographic Coverage
Geographic Coverage
- Brazil
- China
- CIS
- France
- Germany
- India
- Italy
- Japan
- Korea (South)
- Russia
- Spain
- Switzerland
- Taiwan
- United Kingdom
- United States
- Other Asia/Pacific
- Other EU
- Other Europe
- Other Latin America
- Other NAFTA
- Rest of World
End-User Industries Covered
End-User Industries
- Aerospace
- Automotive
- Chemical Processing
- Communications
- Consumer
- Construction
- Defense/Military
- Die & Mold
- Electronics
- General Machining
- Job Shops
- Medical/Research
- Oil, Gas & Mining
- Paper & Pulp Industry
- Power Generation (e.g., renewables, nuclear)
- Transportation (e.g., railroads, shipbuilding, infrastructure)
- Other
Applications Covered
Applications Covered
- Polishing/Lapping
- Finishing/Deburring
- Stock Removal
- Grinding
- Contouring
- Planing
- Sharpening
- Boring
- Other
Timeframe
Timeframe
- Ulysses™ Data Subscription Service *
- Standard Package: 2017-2023
- Advanced Package: 2017-2023
- Premium Package: 2004-2023
- Published Research
- 2017 base year
- 2018 estimated
- Forecasts: 2018-2023
* Note: Historical (pre-2017) datasets are only available through the Ulysses™ Data Subscription Service and vary according to package types. For package and license comparisons, scroll to the bottom of this page.
Ulysses Data Subscription Service
NewUlysses™ DSS (Data Subscription Service)
The new Ulysses™ Data Subscription Service offers a true on-demand database platform for researching your industry. Each datapage builds searches according to the product and market parameters set out above and allows you to drill down more deeply into the data using multiple parameters. It draws the data from our vast database which we have been building for many years, and gives you only the results you searched for. It also offers many other features not available in off-the-shelf reports, providing you with custom control and reporting.
Ulysses Data Content
As mentioned, the core functionality of Ulysses builds on the data and intelligence knowledgebase that we have been building, accumulating and refining over many years of covering the markets we serve.
Ulysses also presents data and intelligence in extended ways, specifically:
- by each search criteria detailed above;
- by breakdowns that go deeper based on the product, regional, and end-user criteria. For example, that means that Ulysses can provide search results such as 'country x end-user x year' or 'country x end-user x year x subtype'; and
- by detailed competitive intelligence including market shares, profiles, and product analysis;
- by custom search of qualitative analysis (such as factors affecting demand, technological factors, market disruptions) based on the search criteria;
- by also providing access to source data such as macroeconomic data on end-user industries by country, and industrial production indices; and
- much more...
Ulysses Search and Chart Features
Ulysses allows you to search and create outputs based on the specific needs of your team. Some of the added functionality of Ulysses includes:
- multi-level searches that allow you to drill-down according to the available product criteria. For example, searching by 'country x end-user x year' or 'country x end-user x year x subtype';
- pivot table display and output and the ability to export the data into a spreadsheet, such as excel. This convenience of being able to output the data will save hours of time;
- chart and graph display (pie, line, etc.) and output (.jpg, .png) according to product criteria that makes creating internal reports that much more simple; and
- a clear interface and ease of use unparalleled by other research and database products.
If you want to see Ulysses in action, simply request to watch the Ulysses recorded demo or request a live demo for you and your team.
Published Research Report
Published Research Report
The Cutting Tools Published Research is divided into four (4) volumes according to subject: market/technology overview, products, end-user industry/country analysis, and competitive environment. Each volume is divided into convenient sections according to product type or breakdown criteria as listed above, and includes the technology/market overview sections as well.
The four (4) volume report contains over 1,000 pages and over 500 charts/graphs.
*Note: Each Volume of the Published Research Report is also sold separately for your convenience.
Volume 1: Executive Summary
Volume 1: Executive Summary
The Executive Summary provides a detailed overview of the cutting tools industry for when you only need top-level data and analysis. It provides summary tables in value of consumption by major product types, countries, and end-user industries. It also gives general market trends and factors affecting demand on the summary level.
Section 1: Technology Overview
Section 1: Technology Overview
Key Industry Terminology
- General Machining Definitions
- Applications
- Tool Grade
- Workpiece Material
- Product Type Definitions
- Solid Cutting Tools
- Indexable Inserts
- Geometry
- Shapes/Angles
- Application Tool Types Defined
- Milling Tools
- Turning Tools
- Drilling Tools
- Other Tools (e.g., reamers, burrs, etc.)
- Micromachining Tools
- Machining Methods
- Quick-Change Tooling
- Modular Tooling
- High-Speed Machining
- Coolant Based Machining
- Dry Machining
Cutting Tool Selection
- Application Definition
- Specifications
- Workpiece Material Evaluation
Advances in General Machining Processes
- Cutting Tool versus Machine Tool Development
- Advances and Developments in Machining Techniques
- Machine Tool Design and Productivity
- Alternative Machining Methods & Disruptive Technologies
- Grinding/Abrasive Techniques
- Machining Centers
- Horizontal/Vertical Machining
- Multi-axis machining
- EDM (Electro-Discharge Machining)
- ECM (Electro-Chemical Machining)
- Laser Machining
- Additive Manufacturing
- Knowledge Gap: Education on Tool Selection and Machine Capability
- Educating the Next Generation of Machinists
- Specialization and Customization Continue to Grow
- Impact of Advances in Cutting Tool Grade Technology
- Impact of Advances in Workpiece Material
- Impact on Tooling and Productivity
Coatings Overview
- What is a coating?
- Coatings Processes
- CVD (Chemical Vapor Deposition)
- PVD (Physical Vapor Deposition)
- Ceramic Coatings
- TiN, TiCN, TiC, TiCN, TiAlN
- TiAL Black and gold developments
- Nanostructured Materials Coatings
- Diamond Coatings
- Diamond-like-carbon (DLC) Developments
- Advances in Coatings Technology
International Standards
- ANSI Standards
- ISO (International Standards Organization) Standards
- JIS, AFNOR, BSI, DIN, UNI, SACS and CAM
- Meeting international standards
- Impact of low quality products on the market
Technology Outlook
- Cutting Tool Technology on the Horizon
- Challenges and Advances in Materials Science
- Nanostructured Materials
- Ultrafine Grain (Micrograin) Carbides
- Ceramics Evolution
- Increasing Productivity with New Designs
Section 2: Market Overview
Section 2: Market Overview
Global Cutting Tools Market Overview
- Total Demand by Country for Cutting Tools ($MM): 2017-2023
- Trends & Forecasts in Cutting Tool Consumption
- Factors Affecting Cutting Tool Demand
- Global Industry Trends
- World Machining Industry by Product Type ($MM): 2017-2023
- Machine Tools Industry Overview
- Global Demand ($MM) for Machine Tools by Region and Type: 2017-2023
- Trends & Forecasts
Industry Trends & Forecasts
- Cycles of Growth and Decline
- High-growth Markets (CAGR by Year)
- Cutting Tool Producer Strategies in Reducing Costs
- Machine Shop Strategies in Reducing Costs
- Offsetting Increasing Labor Costs
- Reduction of Energy Costs
- Machine Tool Selection
- Impacts of Just-In-Time Practices
- Economics of Machining
- Economics of High-Speed Machining
- Economic Benefits of Dry Machining
Supply Chain Analysis
- Raw Materials
- Tungsten
- Cobalt
- Tantalum
- High-speed steel
- Ceramics
- Aluminum oxide
- Silicon carbide
- Cubic Boron Nitride (CBN)
- PCD Diamond
- Blanks
- Coatings
Relevant Legislation
- Government Oversight & Associations
- Environmental Impact
- Waste Removal
- Coolant Use and Disposal
- Work Environment and Safety
Regional Market Data and Analysis
- Global Demand ($MM) for Cutting Tools by Region: 2017-2023
- Regional Trends
- High growth markets in a slow global economy
- Developing Nations versus Mature Economies
- Manufacturing Trends by Country
Distribution Channels
- Global Demand ($MM) by Distribution Channel: 2017-2023
- Distribution Channels Defined
- Direct to the End-User
- Private Labelling
- Distributors (international, national regional, local)
- Manufacturer's Representatives
- Catalog Houses
- Online Channels & Mass Merchandisers
- Value Added Resellers
- Private Labelling: How This Significant Industry Affects Competition and Brand Name Recognition
- Multi-Tier Distribution Model: How it Affects Cost to the End-User
- Channel Mark-ups Explained
Pricing
- Average Selling Price by Product Type
- End-User Industry Pricing Analysis
- Pricing Trends by Country
Cutting Tool Grade Trends
- Product Grade Overview
- Global Demand ($MM) for Cutting Tools by Grade: 2017-2023
- Cutting Tool Grades
- Carbide Tools
- Ceramic Tools
- Advantages of Ceramic Tools
- Solid Ceramic Tools, Alumina
- SiC (silicon carbide), SiN (silicon nitride)
- SiC Whisker Reinforced Tools
- CMC (ceramic matrix composites)
- Cermet Tools
- CBN/PCBN Tools
- Diamond Tools
- General Conclusions
Tool Type
- Global Demand ($MM) for Cutting Tools by Application Product Type — Milling, Turning, Drilling & Other: 2017-2023
- Global Demand ($MM) for Cutting Tools by Type — Solid versus Indexable Tooling: 2017-2023
- Advances in Insert Design and Application
- Trends in Solid versus Indexable Tooling
Workpiece Material
- Global Demand ($MM) for Cutting Tools by Workpiece Material: 2017-2023
- End-User Trends by Workpiece Material
- Machining Non-Metallic Materials
- Plastics
- Carbon Fiber Reinforced Plastics (CFRPs)
- Ceramic Composites
End-User Analysis
- Global Demand for Cutting Tools ($MM) by End-User Industry: 2017-2023
- Statistics & Overall Market Data
- Forecasts and Predictions: 2020 and Beyond
- High growth markets in a diverse global economy
- Key Sectors by Country and Region
- Factors Affecting End-User Demand
- Analysis of Criteria for End-User Product Selection
- End-User Trends by Workpiece Material
- Key End-Users by Industry
Competitive Environment
This section looks at the general competitive factors in the global cutting tools industry. For a more in-depth look at the competitive landscape, see Volume 4 — Competitive Environment: Analysis and Producer Profiles
- Competitive Market Factors (e.g., pricing, product development...)
- Major Supplier Sales and Market Share ($MM): 2015-2016
- Marketing Strategies
- Competitive Landscape Moving Forward
Volume 4: Competitive Environment: Analysis and Producer Profiles
Volume 4: Competitive Environment: Analysis and Producer Profiles
Over 400 pages.
Section 3: Competitive Environment
Section 3: Competitive Environment
- General Factors for Competition
- Competitive Market Factors (e.g., pricing, product development...)
- SWOT Analysis Examples and Marketing Analysis
- Strategies for Marketing & Business Development
- Market Entry and New Competitors: Obstacles and Points of Entry
- Competitive Landscape Moving Forward
Producer Market Share Breakdows
- Comprehensive Share Breakdown for over 75 Companies
- Supplier Sales and Market Share ($MM): 2015-2016
- Tier 1 Multinationals versus Local and Regional Suppliers
- Regional Market Share Breakdown by Major Suppliers ($MM): 2015-2016
Mergers and Acquisition Activity
- Historical Mergers and Acquisition Activity
- Recent M&A Activity
- Current Market Contraction Trends
- Factors in Target Selection
Section 4: Supplier Profiles
Section 4: Supplier Profiles
Each profile contains the following information on a best efforts basis:
- History
- Key Personnel
- Corporate Structure
- Total Revenue & Other Financial Information
- Distribution Channels
- Product Analysis
- Manufacturing Capabilities
- Key Strengths
- Marketing Strategies
Companies Profiled
Companies Profiled
- AB Sandvik Coromant
- Advanced Carbide Tool Company, Inc
- Alesa AG
- Allegheny Technologies Inc
- AMAMCO Tool
- Arch Micro Tool, Inc
- Asahi Diamond Industrial Co Ltd
- ATA Group (Inc SGS Tool)
- Balax Inc
- Becker Diamant- Werkzeuge GmbH
- Best Carbide Cutting Tools Inc.
- BIAX Schmid & Wezel GmbH & Co. KG
- BIG Kaiser Precision Tooling Inc
- Boehlerit GmbH & Co KG
- Ceramtec Gmbh (SPK Cutting Tools Division)
- CERATIZIT SA
- CERIN S.p.A
- Cogsdill Tool Products, Inc
- Craft Tech Cutting Tools Pvt. Ltd.
- Craig Tools International Ltd
- CVD Diamond Corporation
- DAPRA Corporation
- Diametal AG
- Diamond Pauber S.r.l
- Dijet Industrial Co Ltd
- Dura-Mill Inc
- E-Z Burr Tool Co. Inc.
- Ehwa Diamond Industrial Co., Ltd
- Elenco Carbide Tool Corporation
- EMAG Holding GmbH
- Ferguson Tools, Inc
- Five Star Tool Company
- Forbes & Company Ltd (Forbes Precision Tools)
- Fullerton Tool Company, Inc
- Garr Tool Company
- Grobet USA, Inc.
- Guhring oHG
- Harvey Tool Company, LLC
- Higred Tools Co., Ltd
- Hitachi Metals Ltd (Hitachi Tool Engineering Ltd)
- IMCO Carbide Tool Inc.
- Internal Tool, Inc
- Iscar Ltd (IMC Group)
- Jarvis Cutting Tools, Inc.
- Jiangsu Funlin Super Hard Tools Co., Ltd
- Jiangyin Huaxing Diamond Tools Factory
- Kennametal Inc.
- Kennametal Stellram
- KOMET Group GmbH
- KORLOY Inc
- LMT Belin
- LMT GmbH & Co. KG (LMT Tools)
- LUKAS-ERZETT Vereinigte Schleif- und Fräswerkzeugfabriken GmbH & Co. KG
- MA Ford Manufacturing Co. Inc.
- Mapal Dr.Kress KG
- Mastercut Tool Corporation
- Melin Tool Company, Inc.
- Midwest Cutting Tools, Inc.
- Miranda Tools Pvt Ltd
- Monster Tool Company
- Morgood Tools Inc
- Morse Cutting Tools, Inc.
- Perino I.U.R. Industria Utensili Rotanti Srl
- PFERD INC.
- Regal Cutting Tools
- Rock River Tool, Inc
- Rohit Industries Group (P) Ltd (RIGPL)
- Seco Tools AB
- SGS Tool
- Shiballoy Multiflex Pvt Ltd
- SJ Tools
- Specialty Carbide Products LLC
- Sprenger Schleiftechnik GmbH
- Tec-Spiral Enterprises Co., Ltd
- Walter AG
- ZhuZhou Cemented Carbide Cutting Tools Co.,Ltd