Market Overview:
The global end milling cutter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the end milling cutter market can be attributed to the increasing demand for end mills in various applications, such as automobile industry, shipping industry, equipment manufacturing, metal processing and material processing. In addition, the growing demand for high-speed steel (HSS) and other types of end mills is also contributing to the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations may restrain the growth of this market during the forecast period.
Product Definition:
end milling cutter is a type of milling cutter that is used in the end mills are cutting tools typically used in milling various materials. They have a cylindrical body with teeth on the perimeter, and they are held in a tool holder with flutes that allow the material to be removed.
High Speed Steel:
High speed steel is a form of carbon steel with addition of manganese and other alloying elements to improve properties such as high hardness, ductility, and wear resistance. It has replaced silicon-based metals such as silicon steel in many applications due to its ability to perform work at faster cutting speeds. High speed steels are used for producing cutters that are required for end mills which are used in machining of ferrous materials including cast iron and aluminum alloys.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and strong magnetic, electrical, and optical properties. It is also known as ferritic or Hai-Barb grade. The main products of stainless steel include cookware & kitchen equipment; building & construction; automotive components; appliances including washing machines, dryers, refrigerators & freezers; consumer goods such as cutlery & home ware and industrial machinery among others.
Application Insights:
The global end milling cutter market is segmented on the basis of application into automobile industry, shipping industry, equipment manufacturing, metal processing, material processing and other industries. The automotive application accounted for a major share in 2016 owing to the high demand from countries such as Germany and Japan. End milling cutters are used in various applications including gear cutting & grinding wheel finishing machine tools for aircraft production among others.
The use of these machines has increased significantly over the past few years owing to their ability to produce high-quality gears with low cost and short lead time which was not possible before using conventional gear making methods. These machines are also used in various other industries such as food machinery where they are used for grinding & cutting operations or heavy engineering where they are extensively utilized for producing precision gears and shafts etc., globally there is a huge demand from developing economies like India China Brazil etc.
Regional Analysis:
Asia Pacific dominated the global end milling cutter 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 for metal processing equipment, rising industrialization, and expanding automotive industry in countries such as China, India, Japan, South Korea. In addition to this growing demand for metal processing equipment is also driving the regional market due to rising investments by various governments in these countries for development of manufacturing sector.
The European region accounted for a significant share owing to high product adoption across several industries including aerospace & defense (18%), marine (13%) and rail transportation (12%). North America also accounted for a significant share due to presence of numerous manufacturers present across U.S., Canada & Mexico with wide product portfolio offered by these companies includes Endress+Hausar AG Switzerland; HSS Tools Ltd.; CNC Tools; Inc.; etc.).
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand for high-performance materials in automotive and aerospace industries
- Growing popularity of 3D printing technology
- Proliferation of the Internet of Things (IoT) and increasing demand for smart devices
- Emergence of new applications such as medical implants and wind turbine blades
Scope Of The Report
Report Attributes
Report Details
Report Title
End Milling Cutter Market Research Report
By Type
High Speed Steel, Stainless Steel, Alloy, Tungsten Steel, Other
By Application
Automobile Industry, Shipping Industry, Equipment Manufacturing, Metal Processing, Material Processing, Other
By Companies
Bordo Industrial Pty ltd, Carbidex, Carmon, DC Swiss, DIAGER INDUSTRIE, DIXI Polytool, Dongguan Koves Cutting Tool, Dorian Tool International, Dormer Pramet, Echaintool Industry, Bordo Industrial Pty ltd, Euroboor BV., GERIMA GmbH, Granlund Tools, GUHRING, HAM Precision Tools, HITACHI TOOL, Hufschmied Zerspanungssysteme, MICRO 100, Mikron Machining, Minicut International
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global End Milling Cutter Market Report Segments:
The global End Milling Cutter market is segmented on the basis of:
Types
High Speed Steel, Stainless Steel, Alloy, Tungsten Steel, Other
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
Automobile Industry, Shipping Industry, Equipment Manufacturing, Metal Processing, Material Processing, Other
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:
- Bordo Industrial Pty ltd
- Carbidex
- Carmon
- DC Swiss
- DIAGER INDUSTRIE
- DIXI Polytool
- Dongguan Koves Cutting Tool
- Dorian Tool International
- Dormer Pramet
- Echaintool Industry
- Bordo Industrial Pty ltd
- Euroboor BV.
- GERIMA GmbH
- Granlund Tools
- GUHRING
- HAM Precision Tools
- HITACHI TOOL
- Hufschmied Zerspanungssysteme
- MICRO 100
- Mikron Machining
- Minicut International
Highlights of The End Milling Cutter 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:
- High Speed Steel
- Stainless Steel
- Alloy
- Tungsten Steel
- Other
- By Application:
- Automobile Industry
- Shipping Industry
- Equipment Manufacturing
- Metal Processing
- Material Processing
- Other
- 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 End Milling Cutter 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:
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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?
An end mill cutter is a type of milling cutter that has a cylindrical shape and is used to cut the ends off of pieces of material.
Some of the key players operating in the end milling cutter market are Bordo Industrial Pty ltd, Carbidex, Carmon, DC Swiss, DIAGER INDUSTRIE, DIXI Polytool, Dongguan Koves Cutting Tool, Dorian Tool International, Dormer Pramet, Echaintool Industry, Bordo Industrial Pty ltd, Euroboor BV., GERIMA GmbH, Granlund Tools, GUHRING, HAM Precision Tools, HITACHI TOOL, Hufschmied Zerspanungssysteme, MICRO 100, Mikron Machining, Minicut International.
The end milling cutter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 End Milling Cutter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 End Milling Cutter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 End Milling Cutter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the End Milling Cutter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global End Milling Cutter Market Size & Forecast, 2018-2028
4.5.1 End Milling Cutter Market Size and Y-o-Y Growth
4.5.2 End Milling Cutter Market Absolute $ Opportunity
Chapter 5 Global End Milling Cutter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 End Milling Cutter Market Size Forecast by Type
5.2.1 High Speed Steel
5.2.2 Stainless Steel
5.2.3 Alloy
5.2.4 Tungsten Steel
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global End Milling Cutter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 End Milling Cutter Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Shipping Industry
6.2.3 Equipment Manufacturing
6.2.4 Metal Processing
6.2.5 Material Processing
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global End Milling Cutter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 End Milling Cutter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America End Milling Cutter Analysis and Forecast
9.1 Introduction
9.2 North America End Milling Cutter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America End Milling Cutter Market Size Forecast by Type
9.6.1 High Speed Steel
9.6.2 Stainless Steel
9.6.3 Alloy
9.6.4 Tungsten Steel
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America End Milling Cutter Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Shipping Industry
9.10.3 Equipment Manufacturing
9.10.4 Metal Processing
9.10.5 Material Processing
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe End Milling Cutter Analysis and Forecast
10.1 Introduction
10.2 Europe End Milling Cutter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe End Milling Cutter Market Size Forecast by Type
10.6.1 High Speed Steel
10.6.2 Stainless Steel
10.6.3 Alloy
10.6.4 Tungsten Steel
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe End Milling Cutter Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Shipping Industry
10.10.3 Equipment Manufacturing
10.10.4 Metal Processing
10.10.5 Material Processing
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific End Milling Cutter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific End Milling Cutter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific End Milling Cutter Market Size Forecast by Type
11.6.1 High Speed Steel
11.6.2 Stainless Steel
11.6.3 Alloy
11.6.4 Tungsten Steel
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific End Milling Cutter Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Shipping Industry
11.10.3 Equipment Manufacturing
11.10.4 Metal Processing
11.10.5 Material Processing
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America End Milling Cutter Analysis and Forecast
12.1 Introduction
12.2 Latin America End Milling Cutter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America End Milling Cutter Market Size Forecast by Type
12.6.1 High Speed Steel
12.6.2 Stainless Steel
12.6.3 Alloy
12.6.4 Tungsten Steel
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America End Milling Cutter Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Shipping Industry
12.10.3 Equipment Manufacturing
12.10.4 Metal Processing
12.10.5 Material Processing
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) End Milling Cutter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) End Milling Cutter Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) End Milling Cutter Market Size Forecast by Type
13.6.1 High Speed Steel
13.6.2 Stainless Steel
13.6.3 Alloy
13.6.4 Tungsten Steel
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) End Milling Cutter Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Shipping Industry
13.10.3 Equipment Manufacturing
13.10.4 Metal Processing
13.10.5 Material Processing
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 End Milling Cutter Market: Competitive Dashboard
14.2 Global End Milling Cutter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bordo Industrial Pty ltd
14.3.2 Carbidex
14.3.3 Carmon
14.3.4 DC Swiss
14.3.5 DIAGER INDUSTRIE
14.3.6 DIXI Polytool
14.3.7 Dongguan Koves Cutting Tool
14.3.8 Dorian Tool International
14.3.9 Dormer Pramet
14.3.10 Echaintool Industry
14.3.11 Bordo Industrial Pty ltd
14.3.12 Euroboor BV.
14.3.13 GERIMA GmbH
14.3.14 Granlund Tools
14.3.15 GUHRING
14.3.16 HAM Precision Tools
14.3.17 HITACHI TOOL
14.3.18 Hufschmied Zerspanungssysteme
14.3.19 MICRO 100
14.3.20 Mikron Machining
14.3.21 Minicut International
