Market Overview:
The global Fine Boring Heads market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fine boring heads in various industries and automotive applications. Additionally, the growing demand for micro boring heads is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
A fine boring head is a tool that uses a small cutting tool to create precision holes in a workpiece. They are used in applications where high accuracy is required, such as when creating parts for use in delicate machinery.
Fine Boring Heads:
Fine Boring Heads are used in various applications such as milling, drilling and reamining. The market for Fine Boring Heads is expected to witness significant growth over the forecast period owing to its increasing demand from the end-user industries such as aerospace & defense, automotive and energy among others.
Finishing Boring Heads:
Finishing boring heads are used in the manufacturing of fine drilling tools. Finishing boring heads consist of two parts, namely, collet and fluted part. The fluted part is intended for seating in the collet while turning on the lathe tool rest and it's round or square shank depending upon the type of lathe machine.
Application Insights:
The industry application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand from various industries including aerospace, automotive, marine, wind energy and construction.
Aerospace was the dominant industry segment accounting for 33% of global revenue share in 2017 owing to high demand from passenger aircraft manufacturers including Airbus SE & Boeing Co., Ltd. However, military aircraft are likely to witness significant growth over the coming years which would provide an impetus to product demand globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as aerospace, automotive, energy & power, construction, and others. Asia Pacific has witnessed a significant increase in per capita income levels over the past few years which has led to an increased spending on various high-end machines & tools by manufacturers for production facilities located within China and India. This factor is also projected to boost regional product demand over the forecast period.
The North America market was valued at USD X billion in 2017 owing to growing investments by major players toward research & development activities pertaining toward emerging applications of boring machines across different industries such as aerospace manufacturing sector; wherein machine tools play a vital role in machining parts that are required for aircraft assembly lines; oil & gas industry; wherein well drilling equipment plays an important role in reducing operational costs associated with exploration.
Growth Factors:
- Increasing demand for fine boring heads from the automotive and aerospace industries due to their ability to produce high-quality components with close tolerances.
- Growing popularity of precision machining as a manufacturing process, which is driving the demand for fine boring heads.
- Rising investments in research and development by leading players in the market to develop new and innovative products.
- Increasing adoption of computer numerical control (CNC) technology in manufacturing facilities worldwide.
- Growing demand for customized solutions that can meet specific requirements of end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Fine Boring Heads Market Research Report
By Type
Fine Boring Heads, Finishing Boring Heads, Micro Boring Heads
By Application
Industry, Atomotive
By Companies
SAMSOMATIC GmbH, Allied Machine & Engineering, BIG DAISHOWA, Briney, D'Andrea, DIXI Polytool, Ecoroll Tool Technology, Effecto Group S.p.A., HSD, IMS, Kennametal, KOMET GROUP, Laser Mechanisms, LMT Tool Systems GmbH, MICRO 100, NIKKEN KOSAKUSHO, Ningbo Derek Tools, SECO TOOLS, Urma, WOHLHAUPTER
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Fine Boring Heads Market Report Segments:
The global Fine Boring Heads market is segmented on the basis of:
Types
Fine Boring Heads, Finishing Boring Heads, Micro Boring Heads
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industry, Atomotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAMSOMATIC GmbH
- Allied Machine & Engineering
- BIG DAISHOWA
- Briney
- D'Andrea
- DIXI Polytool
- Ecoroll Tool Technology
- Effecto Group S.p.A.
- HSD
- IMS
- Kennametal
- KOMET GROUP
- Laser Mechanisms
- LMT Tool Systems GmbH
- MICRO 100
- NIKKEN KOSAKUSHO
- Ningbo Derek Tools
- SECO TOOLS
- Urma
- WOHLHAUPTER
Highlights of The Fine Boring Heads Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fine Boring Heads
- Finishing Boring Heads
- Micro Boring Heads
- By Application:
- Industry
- Atomotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fine Boring Heads Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fine Boring Heads is a type of drill bit used in drilling and milling. It has a smaller diameter than standard drill bits, which makes it ideal for drilling small holes or slots. Fine Boring Heads are also known as micro-drills, mini-drills, or miniature drills.
Some of the major players in the fine boring heads market are SAMSOMATIC GmbH, Allied Machine & Engineering, BIG DAISHOWA, Briney, D'Andrea, DIXI Polytool, Ecoroll Tool Technology, Effecto Group S.p.A., HSD, IMS, Kennametal, KOMET GROUP, Laser Mechanisms, LMT Tool Systems GmbH, MICRO 100, NIKKEN KOSAKUSHO, Ningbo Derek Tools, SECO TOOLS, Urma, WOHLHAUPTER.
The fine boring heads market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fine Boring Heads Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fine Boring Heads Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fine Boring Heads Market - Supply Chain
4.5. Global Fine Boring Heads Market Forecast
4.5.1. Fine Boring Heads Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fine Boring Heads Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fine Boring Heads Market Absolute $ Opportunity
5. Global Fine Boring Heads Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fine Boring Heads Market Size and Volume Forecast by Type
5.3.1. Fine Boring Heads
5.3.2. Finishing Boring Heads
5.3.3. Micro Boring Heads
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fine Boring Heads Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fine Boring Heads Market Size and Volume Forecast by Application
6.3.1. Industry
6.3.2. Atomotive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fine Boring Heads Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fine Boring Heads Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fine Boring Heads Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fine Boring Heads Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fine Boring Heads Demand Share Forecast, 2019-2026
9. North America Fine Boring Heads Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fine Boring Heads Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fine Boring Heads Market Size and Volume Forecast by Application
9.4.1. Industry
9.4.2. Atomotive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fine Boring Heads Market Size and Volume Forecast by Type
9.7.1. Fine Boring Heads
9.7.2. Finishing Boring Heads
9.7.3. Micro Boring Heads
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fine Boring Heads Demand Share Forecast, 2019-2026
10. Latin America Fine Boring Heads Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fine Boring Heads Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fine Boring Heads Market Size and Volume Forecast by Application
10.4.1. Industry
10.4.2. Atomotive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fine Boring Heads Market Size and Volume Forecast by Type
10.7.1. Fine Boring Heads
10.7.2. Finishing Boring Heads
10.7.3. Micro Boring Heads
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fine Boring Heads Demand Share Forecast, 2019-2026
11. Europe Fine Boring Heads Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fine Boring Heads Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fine Boring Heads Market Size and Volume Forecast by Application
11.4.1. Industry
11.4.2. Atomotive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fine Boring Heads Market Size and Volume Forecast by Type
11.7.1. Fine Boring Heads
11.7.2. Finishing Boring Heads
11.7.3. Micro Boring Heads
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potntial Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fine Boring Heads Demand Share, 2019-2026
12. Asia Pacific Fine Boring Heads Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fine Boring Heads Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fine Boring Heads Market Size and Volume Forecast by Application
12.4.1. Industry
12.4.2. Atomotive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fine Boring Heads Market Size and Volume Forecast by Type
12.7.1. Fine Boring Heads
12.7.2. Finishing Boring Heads
12.7.3. Micro Boring Heads
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fine Boring Heads Demand Share, 2019-2026
13. Middle East & Africa Fine Boring Heads Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fine Boring Heads Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fine Boring Heads Market Size and Volume Forecast by Application
13.4.1. Industry
13.4.2. Atomotive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fine Boring Heads Market Size and Volume Forecast by Type
13.7.1. Fine Boring Heads
13.7.2. Finishing Boring Heads
13.7.3. Micro Boring Heads
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fine Boring Heads Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fine Boring Heads Market: Market Share Analysis
14.2. Fine Boring Heads Distributors and Customers
14.3. Fine Boring Heads Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SAMSOMATIC GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Allied Machine & Engineering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BIG DAISHOWA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Briney
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. D'Andrea
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DIXI Polytool
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ecoroll Tool Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Effecto Group S.p.A.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HSD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IMS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kennametal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KOMET GROUP
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Laser Mechanisms
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LMT Tool Systems GmbH
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. MICRO 100
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. NIKKEN KOSAKUSHO
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ningbo Derek Tools
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SECO TOOLS
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Urma
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. WOHLHAUPTER
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
