This report presents the worldwide High Speed Steel (HSS) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
In the context of machining, a cutting tool is any tool that is used to remove material from the workpiece by means of shear deformation. High-speed steel is the most common cutting tool material used today. High-speed steel cutting tools is much tough than ordinary cutting tools and easier for cutting. It retains its hardness at moderate temperatures. In machinery manufacturing, the majority use of HSS cutting tools is in machine tools.
The Major regions to produce High Speed Steel (HSS) Metal Cutting Tools are China, Europe and Japan, which accounting for more than 77 % of value production in total. The major consumption region is east China, Europe, and United States.
High Speed Steel (HSS) Metal Cutting Tools industry concentration is relatively low. The largest producer is Sandvik AB, accounting for 11.75% market share in value and 1.15% in 2014,followed by Nachi-Fujikoshi and OSG. The industry competitive landscape is relatively stable.
The High Speed Steel (HSS) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for High Speed Steel (HSS).
The following manufacturers are covered in this report:
Shanghai Tool Works
Sumitomo Electric Industries
TDC Cutting Tools
Harbin No.1 Tool Manufacturing
Harbin Measuring & Cutting Tool
Henan Yigong Zuanye
LMT Onsrud LP
High Speed Steel (HSS) Breakdown Data by Type
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Reaming & Counterboring Tools
HSS Gear Cutting Tools
HSS Broaching Tools
High Speed Steel (HSS) Breakdown Data by Application
Oil & Gas Industry
Shipping Building Industry
Rail transport Industry
High Speed Steel (HSS) Production by Region
High Speed Steel (HSS) Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global High Speed Steel (HSS) status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key High Speed Steel (HSS) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of High Speed Steel (HSS) :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High Speed Steel (HSS) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.