High-Speed Steel tools, commonly known as HSS tools, are made of high-speed steel, high-speed steel is a subset of tool steels, commonly used as cutting tool material.
This report contains market size and forecasts of HSS Tools in global, including the following market information:
Global HSS Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global HSS Tools Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five HSS Tools companies in 2021 (%)
The global HSS Tools market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Milling Tools Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of HSS Tools include Kyocera, IMC Group, Sandvik, YG-1, Makita, Ceratizit, Mitsubishi Materials, Guhring Limited and Allied Machine & Engineering, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the HSS Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global HSS Tools Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global HSS Tools Market Segment Percentages, by Type, 2021 (%)
Milling Tools
Drilling Tools
Tapping Tools
Reaming & Counterboring Tools
Broaching Tools
Other
Global HSS Tools Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global HSS Tools Market Segment Percentages, by Application, 2021 (%)
Metal Fabrication
Automotive and Transportation
Heavy Machinery
Construction
Furniture & Carpentry
Oil & Gas
Other
Global HSS Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global HSS Tools Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies HSS Tools revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies HSS Tools revenues share in global market, 2021 (%)
Key companies HSS Tools sales in global market, 2017-2022 (Estimated), (K Units)
Key companies HSS Tools sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kyocera
IMC Group
Sandvik
YG-1
Makita
Ceratizit
Mitsubishi Materials
Guhring Limited
Allied Machine & Engineering
OSG Corporation
Kennametal
ELMEC Cutting Tools
Fullerton Tool
Sumitomo Electric Hartmetall GmbhH
Xinrui Industry
Sorma Spa
Fratelli Vergnano Srl
TDC Cutting Tools
Tsune Seiki