The Business Research Company published its Cutting Tool And Machine Tool Accessory Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Cutting Tool And Machine Tool Accessory market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers
the cutting tool and machine tool accessory market’s segments-
1) By Type:
Metalworking Knives And Bits, Measuring Attachments, Metalworking Drill Bits,
Machine Tool Taps And Dies
2) By
Application: Automotive, Manufacturing, Others.
View Complete Report:
Cutting Tool And Machine Tool Accessory
Global Market Report 2020 is the most comprehensive report available on this
market and will help gain a truly global perspective as it covers 60
geographies. The chapter on the
impact of COVID-19 gives valuable insights on supply chain disruptions,
logistical challenges, and other economic implications of the virus on the
market. The chapter also covers markets which have been positively affected by
the pandemic.
The global cutting tool and machine tool
accessory market is expected to decline from $76.2 billion in 2019 to $72.5
billion in 2020 at a compound annual growth rate (CAGR) of -4.8%. The decline
is mainly due to economic slowdown across countries owing to the COVID-19
outbreak and the measures to contain it. The market is then expected to recover
and grow at a CAGR of 9% from 2021 and reach $91 billion in 2023.
3D laser processing machines are gaining
popularity as they reduce processing time for cutting and welding applications.
3D laser is a 5-axle laser machine which cuts sheet-metal components in three
dimensions. Cutting tool and machine tool accessory manufacturers are producing
3D laser processing machines which are typically used in automotive and
aerospace industry for cutting or welding of aluminum parts, drilling of engine
parts, and laser surfacing of used parts.
Few Points From Table Of Content
1. Executive
Summary
2. Report Structure
3. Cutting Tool And Machine Tool Accessory Market Characteristics
4. Cutting Tool And Machine Tool Accessory Market Product Analysis
5. Cutting Tool And Machine Tool Accessory Market Supply Chain
……
20. Key Mergers And Acquisitions In The Cutting Tool And Machine Tool Accessory
Market
21. Market
Background: Metalworking Machinery Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast
Market Growth, Value ($ Billion)
Table 3: Global
Cutting Tool And Machine Tool Accessory Market, 2019, By Region, Value ($
Billion)
Table 4: Global
Cutting Tool And Machine Tool Accessory Market, 2015-2019, 2023F, 2025F, 2030F,
Historic And Forecast, By Region
Table 5: Global
Cutting Tool And Machine Tool Accessory Market, Growth And Market Share
Comparison, By Region
……..
Table 125: Global Metalworking Machinery Market,
2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 126: Global
Metalworking Machinery Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By
Type, Value ($ Billion)
Table 127: Global
Cutting Tool And Machine Tool Accessory Market In 2023- Growth Countries
Table 128: Global
Cutting Tool And Machine Tool Accessory Market In 2023- Growth Segments
Table 129: Global Cutting Tool And Machine
Tool Accessory Market In 2023- Growth Strategies
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