Market Research Logo

Cutting Tool & Machine Tool Accessory Manufacturing in the US - Industry Market Research Report

Cutting Tool & Machine Tool Accessory Manufacturing

This industry manufactures accessories and attachments for tools that cut and form metals. Industry products include small knives, blade cutters and drilling bits, as well as holders, clampers and tapering attachments. Cutting and machine tools and their accessories are primarily demanded by machine shops, automotive manufacturers and heavy equipment manufacturers. Improving activity in those sectors has pushed demand for cutting tool and machine tool accessories and has driven industry revenue growth over the five years to 2017. The industry is expected to contend with similar conditions in the five years to 2022. Industrial activity is expected to exhibit similar annualized growth trends and is not forecast to experience any sharp year-over-year declines. Growing demand for cutting tool and machine tool accessories is expected to be derived from nonresidential building activity, which is expected to grow at an accelerated rate. However, less of this demand will be directed at US manufactured products as import penetration increases.

This industry manufactures accessories and attachments for cutting tools, such as small knives and drilling bits. It also manufactures accessories for machine tools such as mechanical clampers. Operators may also provide custom fabrication and repair work on a contract basis.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2017)
    • Table Industry Structure
  • Industry Performance
    • Table Industrial production index
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2017)
    • Table Major market segmentation (2017)
    • Table Industry trade balance
    • Table Exports To
    • Table Business Locations 2017
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major players
    • Table Sandvik AB (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report