Market Overview:
The global PCB cutting 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 PCBs from various end-use industries, such as consumer electronics, automotive electronics, semiconductor, and others. In addition, the growing demand for miniaturized and high-density PCBs is also contributing to the growth of this market. The global PCB cutting tools market can be segmented on the basis of type into straight type drill, undercut drill, inverse drill, and other types. The straight type drill segment is expected to hold a major share of this market during the forecast period owing to its wide usage in various end-use industries. However, with advancements in technology and growing demand for miniaturized PCBs, other types of drills are also witnessing significant growth in their marketshare. On the basis of application ,the global PCB cutting tools market can be divided into consumer electronics ,automotive electronics semiconductor ,and others .
Product Definition:
The term PCB Cutting Tools usually refers to a set of tools used to cut printed circuit boards. The most common tool is a pair of shears, which are used to cut the board along the traces. Other tools include drills, routers and saws.
Straight Type Drill:
The straight type drill is used to create a starting point for drilling in the PCB. It has an advantage over other tools as it can be used with high speed and feeds, which makes it suitable for heavy-duty applications such as drilling through thick boards. The straight type drill is available in two forms; fixed angle and adjustable angle variants.
Undercut Drill:
Undercut drill is a specialized type of drill used in the manufacturing industry for drilling small holes, typically under 15 mm in diameter. The name derives from the fact that this tool cuts a “U” shaped path while drilling through thick materials. This U-shaped path allows more force to be applied to the cutting edge of the bit, which helps produce cleaner and better finished holes with less tear or damage to surrounding material than other types of drills.
Application Insights:
The automotive electronics 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 rising demand for PCBs from various applications including consumer electronics, infotainment systems, body wiring harnesses and others.
PCB manufacturing is one of the crucial processes in various industries such as consumer electronics, telecom & IT and semiconductor among others. The process requires multiple operations such as drilling holes/slots on both sides of a board along with other necessary operations that are performed using cutting tools specific to each industry requirement.
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 rising demand from countries such as China, India, Japan, South Korea, and Taiwan. Factors such as increasing population coupled with growing consumer electronics demand are anticipated to drive regional growth. Moreover, rapid industrialization along with government support for manufacturing activities is also expected to have a positive impact on market development over the next eight years.
The European region accounted for more than 20% of global revenue share in 2017 owing to high penetration of PCB manufacturers in Germany and France that resulted into high production volume per year compared to other countries across Europe.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from automotive and aerospace industries
- Growing popularity of 3D printing technology
- Proliferation of PCB design software that facilitates the use of advanced cutting tools
- Technological advancements in cutting tool manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
PCB Cutting Tools Market Research Report
By Type
Straight Type Drill, Undercut Drill, Inverse Drill, Other
By Application
Consumer Electronics, Automotive Electronics, Semiconductor, Others
By Companies
Union Tool, Think&Tinker, Ltd., KYOCERA Precision Tools, Inc., HAM Precision, Midwest Circuit Technology, Karnasch Professional Tools, Drillpro, Topoint Techonology Co., Ltd., WhizCut, Circuit Supply Solutions?Inc., MPK Kemmer GmbH PCB Tools, R. Stock AG, Drill Service, JinZhou, Terek
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global PCB Cutting Tools Market Report Segments:
The global PCB Cutting Tools market is segmented on the basis of:
Types
Straight Type Drill, Undercut Drill, Inverse Drill, 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
Consumer Electronics, Automotive Electronics, Semiconductor, 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:
- Union Tool
- Think&Tinker, Ltd.
- KYOCERA Precision Tools, Inc.
- HAM Precision
- Midwest Circuit Technology
- Karnasch Professional Tools
- Drillpro
- Topoint Techonology Co., Ltd.
- WhizCut
- Circuit Supply Solutions?Inc.
- MPK Kemmer GmbH PCB Tools
- R. Stock AG
- Drill Service
- JinZhou
- Terek
Highlights of The PCB Cutting 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:
- Straight Type Drill
- Undercut Drill
- Inverse Drill
- Other
- By Application:
- Consumer Electronics
- Automotive Electronics
- Semiconductor
- 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 PCB Cutting 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?
PCB Cutting Tools are a type of tool used to cut through PCBs. They come in a variety of shapes and sizes, and can be used with a variety of materials.
Some of the key players operating in the pcb cutting tools market are Union Tool, Think&Tinker, Ltd., KYOCERA Precision Tools, Inc., HAM Precision, Midwest Circuit Technology, Karnasch Professional Tools, Drillpro, Topoint Techonology Co., Ltd., WhizCut, Circuit Supply Solutions?Inc., MPK Kemmer GmbH PCB Tools, R. Stock AG, Drill Service, JinZhou, Terek.
The pcb cutting tools market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PCB Cutting Tools 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. PCB Cutting Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PCB Cutting Tools Market - Supply Chain
4.5. Global PCB Cutting Tools Market Forecast
4.5.1. PCB Cutting Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PCB Cutting Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. PCB Cutting Tools Market Absolute $ Opportunity
5. Global PCB Cutting Tools 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. PCB Cutting Tools Market Size and Volume Forecast by Type
5.3.1. Straight Type Drill
5.3.2. Undercut Drill
5.3.3. Inverse Drill
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PCB Cutting Tools 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. PCB Cutting Tools Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Automotive Electronics
6.3.3. Semiconductor
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PCB Cutting Tools 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. PCB Cutting Tools 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 PCB Cutting Tools 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. PCB Cutting Tools 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 PCB Cutting Tools Demand Share Forecast, 2019-2026
9. North America PCB Cutting Tools 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 PCB Cutting Tools 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 PCB Cutting Tools Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Automotive Electronics
9.4.3. Semiconductor
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PCB Cutting Tools Market Size and Volume Forecast by Type
9.7.1. Straight Type Drill
9.7.2. Undercut Drill
9.7.3. Inverse Drill
9.7.4. Other
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 PCB Cutting Tools Demand Share Forecast, 2019-2026
10. Latin America PCB Cutting Tools 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 PCB Cutting Tools 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 PCB Cutting Tools Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Automotive Electronics
10.4.3. Semiconductor
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PCB Cutting Tools Market Size and Volume Forecast by Type
10.7.1. Straight Type Drill
10.7.2. Undercut Drill
10.7.3. Inverse Drill
10.7.4. Other
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 PCB Cutting Tools Demand Share Forecast, 2019-2026
11. Europe PCB Cutting Tools 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 PCB Cutting Tools 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 PCB Cutting Tools Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Automotive Electronics
11.4.3. Semiconductor
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PCB Cutting Tools Market Size and Volume Forecast by Type
11.7.1. Straight Type Drill
11.7.2. Undercut Drill
11.7.3. Inverse Drill
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectons by Type
11.10. Market Attractiveness/Growth Potential 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 PCB Cutting Tools Demand Share, 2019-2026
12. Asia Pacific PCB Cutting Tools 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 PCB Cutting Tools 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 PCB Cutting Tools Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Automotive Electronics
12.4.3. Semiconductor
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PCB Cutting Tools Market Size and Volume Forecast by Type
12.7.1. Straight Type Drill
12.7.2. Undercut Drill
12.7.3. Inverse Drill
12.7.4. Other
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 PCB Cutting Tools Demand Share, 2019-2026
13. Middle East & Africa PCB Cutting Tools 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 PCB Cutting Tools 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 PCB Cutting Tools Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Automotive Electronics
13.4.3. Semiconductor
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PCB Cutting Tools Market Size and Volume Forecast by Type
13.7.1. Straight Type Drill
13.7.2. Undercut Drill
13.7.3. Inverse Drill
13.7.4. Other
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 PCB Cutting Tools Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PCB Cutting Tools Market: Market Share Analysis
14.2. PCB Cutting Tools Distributors and Customers
14.3. PCB Cutting Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Union Tool
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Think&Tinker, Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KYOCERA Precision Tools, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HAM Precision
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Midwest Circuit Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Karnasch Professional Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Drillpro
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Topoint Techonology Co., Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WhizCut
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Circuit Supply Solutions?Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MPK Kemmer GmbH PCB Tools
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. R. Stock AG
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Drill Service
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. JinZhou
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Terek
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
