Market Overview:
The global reamers for machine tools 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 high-precision machining in various industries such as automotive, aerospace, and energy. In addition, the growing demand for cnc machines has led to an increase in the adoption of reamers for machine tools across different regions. Based on type, the global reamer market is segmented into high speed steel (HSS), cemented carbide (CC), and others. The HSS segment is expected to account for a major share of the global reamer market during the forecast period owing to its low cost and wide availability.
Product Definition:
Reamers are tools used to enlarge the size of a hole by adjusting its diameter. This is done by inserting the reamer into the hole and rotating it around its axis. The importance of reamers for machine tools is that they help to achieve accurate dimensions for holes, which is necessary for many types of machining operations.
High Speed Steel:
High speed steel is a tool material designed for use in high-speed machining processes. It offers several advantages over conventional materials such as carbon steel and cast iron, which are likely to increase its usage in the coming years.
Cemented Carbide:
Cemented carbide is a type of high-speed steel that is manufactured by adding cement to powdered carbon. The product was developed in the early 20th century and has been used ever since owing to its ability to provide higher cutting speeds with less chip formation, reduced wear and tear on the tooling, and longer life. Cemented carbide tools are typically used for applications that require high precision machining at low speeds such as small parts or where surface finish is not critical.
Application Insights:
The automotive industry was the largest application segment in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars and light commercial vehicles across the globe. Moreover, technological advancements such as CNC machining centers with automated workholding systems are further driving demand for reamers in this sector. Automotive components such as engine blocks, transmission cases and others require precise dimensions which are difficult to achieve using hand-held tools thus necessitating use of machine tools equipped with reamers.
Regional Analysis:
Asia Pacific dominated the global reamers for machine tools market in 2017. This is attributed to the presence of a large number of manufacturers and suppliers in this region. The availability of raw materials, low-cost labor, and increasing demand from end-use industries are some other factors driving the growth of this regional market.
The European region accounted for a significant share owing to an increase in investments by leading players in R&D activities as well as product innovation. North America also captured a considerable revenue share due to high demand from automotive industry on account of numerous design changes undertaken by automobile manufacturers coupled with stringent government regulations regarding fuel economy and emissions caused during vehicle operation.
Growth Factors:
- Increasing demand for high precision machining across various industries
- Rising demand for customized reamers to meet specific requirements of end-users
- Technological advancements in machine tools industry that are driving the need for better quality reamers
- Growing adoption of advanced machining processes such as 5-axis milling and grinding
- Emergence of new players in the market with innovative products and services
Scope Of The Report
Report Attributes
Report Details
Report Title
Reamers for Machine Tools Market Research Report
By Type
High Speed Steel, Cemented Carbide, Others
By Application
Automotive Industry, Machinery Industry, Aerospace Industry, Energy Industry, Others
By Companies
Sandvik, IMC Group, MAPAL, Kennametal, Ceratizit, Mitsubishi Materials, Kyocera, Sumitomo Electric, OSG, Paul Horn GmbH, Nachi-Fujikoshi, YG-1, Shanghai Tool
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Reamers for Machine Tools Market Report Segments:
The global Reamers for Machine Tools market is segmented on the basis of:
Types
High Speed Steel, Cemented Carbide, Others
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
Automotive Industry, Machinery Industry, Aerospace Industry, Energy Industry, Others
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:
- Sandvik
- IMC Group
- MAPAL
- Kennametal
- Ceratizit
- Mitsubishi Materials
- Kyocera
- Sumitomo Electric
- OSG
- Paul Horn GmbH
- Nachi-Fujikoshi
- YG-1
- Shanghai Tool
Highlights of The Reamers for Machine Tools 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
- Cemented Carbide
- Others
- By Application:
- Automotive Industry
- Machinery Industry
- Aerospace Industry
- Energy Industry
- Others
- 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 Reamers for Machine Tools 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Reamers are used on machine tools to remove material by cutting it away from the workpiece.
Some of the major companies in the reamers for machine tools market are Sandvik, IMC Group, MAPAL, Kennametal, Ceratizit, Mitsubishi Materials, Kyocera, Sumitomo Electric, OSG, Paul Horn GmbH, Nachi-Fujikoshi, YG-1, Shanghai Tool.
The reamers for machine tools market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reamers for Machine Tools 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 Reamers for Machine Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reamers for Machine Tools 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 Reamers for Machine Tools 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 Reamers for Machine Tools Market Size & Forecast, 2018-2028
4.5.1 Reamers for Machine Tools Market Size and Y-o-Y Growth
4.5.2 Reamers for Machine Tools Market Absolute $ Opportunity
Chapter 5 Global Reamers for Machine Tools 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 Reamers for Machine Tools Market Size Forecast by Type
5.2.1 High Speed Steel
5.2.2 Cemented Carbide
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Reamers for Machine Tools 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 Reamers for Machine Tools Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Machinery Industry
6.2.3 Aerospace Industry
6.2.4 Energy Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reamers for Machine Tools 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 Reamers for Machine Tools 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 Reamers for Machine Tools Analysis and Forecast
9.1 Introduction
9.2 North America Reamers for Machine Tools 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 Reamers for Machine Tools Market Size Forecast by Type
9.6.1 High Speed Steel
9.6.2 Cemented Carbide
9.6.3 Others
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 Reamers for Machine Tools Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Machinery Industry
9.10.3 Aerospace Industry
9.10.4 Energy Industry
9.10.5 Others
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 Reamers for Machine Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Reamers for Machine Tools 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 Reamers for Machine Tools Market Size Forecast by Type
10.6.1 High Speed Steel
10.6.2 Cemented Carbide
10.6.3 Others
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 Reamers for Machine Tools Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Machinery Industry
10.10.3 Aerospace Industry
10.10.4 Energy Industry
10.10.5 Others
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 Reamers for Machine Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Reamers for Machine Tools 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 Reamers for Machine Tools Market Size Forecast by Type
11.6.1 High Speed Steel
11.6.2 Cemented Carbide
11.6.3 Others
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 Reamers for Machine Tools Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Machinery Industry
11.10.3 Aerospace Industry
11.10.4 Energy Industry
11.10.5 Others
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 Reamers for Machine Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Reamers for Machine Tools 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 Reamers for Machine Tools Market Size Forecast by Type
12.6.1 High Speed Steel
12.6.2 Cemented Carbide
12.6.3 Others
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 Reamers for Machine Tools Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Machinery Industry
12.10.3 Aerospace Industry
12.10.4 Energy Industry
12.10.5 Others
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) Reamers for Machine Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Reamers for Machine Tools 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) Reamers for Machine Tools Market Size Forecast by Type
13.6.1 High Speed Steel
13.6.2 Cemented Carbide
13.6.3 Others
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) Reamers for Machine Tools Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Machinery Industry
13.10.3 Aerospace Industry
13.10.4 Energy Industry
13.10.5 Others
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 Reamers for Machine Tools Market: Competitive Dashboard
14.2 Global Reamers for Machine Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sandvik
14.3.2 IMC Group
14.3.3 MAPAL
14.3.4 Kennametal
14.3.5 Ceratizit
14.3.6 Mitsubishi Materials
14.3.7 Kyocera
14.3.8 Sumitomo Electric
14.3.9 OSG
14.3.10 Paul Horn GmbH
14.3.11 Nachi-Fujikoshi
14.3.12 YG-1
14.3.13 Shanghai Tool
