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Global Boring Tools Market 2017-2021

Global Boring Tools Market 2017-2021

About Boring Tools

The increasing demand for automation, aviation, and general electronic goods is expected to drive the global boring tools market. The major growth in the boring tools will be seen in key APAC countries such as China and India. South Korea and other emerging economies are growing at a higher rate when compared with the matured markets in the Americas and EMEA. The metal cutting tools market, which is the parent market for the boring tools market, was valued at $36.04 billion in 2016. Since metal cutting tools find application in almost every manufacturing industry, the growth of the boring tools market will be governed by the dynamics of the manufacturing sector.

Technavio’s analysts forecast the global boring tools market to grow at a CAGR of 7.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global boring tools market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through the study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Boring Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BIG KAISER
  • Kennametal
  • NACHI-FUJIKOSHI
  • OSG
  • Sandvik
Other prominent vendors
  • Advanced Carbide Tool Company
  • ALESA
  • Allegheny Technologies
  • AMAMCO Tool
  • Asahi Diamond Industrial
  • BECKER Diamantwerkzeuge
  • BOEHLERIT
  • CeramTec
  • CERATIZIT
  • CERIN
  • DAPRA
  • DIJET
  • Dura-Mill
  • Dorian Tool International
  • Elenco Carbide Tool Corporation
  • Ferguson Enterprises
  • Five Star Tool Company
  • Forbes & Company
  • Fullerton Tool Company
  • Guhring
  • Harvey Tool Company
  • HIGRED TOOLS
  • Mitsubishi Materials Corporation
  • IMCO Carbide Tool
  • Internal Tool
  • ISCAR
  • Jarvis Cutting Tools
  • KOMET GROUP
  • LMT TOOLS
  • LUKAS-ERZETT
  • M.A. Ford
  • MAPAL Dr. Kress
  • Mastercut Tool
  • MELIN TOOL COMPANY
  • MIRANDA TOOLS
  • Morgood Tools
  • Rigibore
  • Rock River Tool
  • SWISS TOOL SYSTEMS
  • Seco Tools
  • SGS Tool Company
  • Walter
Market driver
  • Rise in demand for fabricated metal in automotive sector.
  • For a full, detailed list, view our report
Market challenge
  • Rise in popularity of electrical discharge and electrochemical machining.
  • For a full, detailed list, view our report
Market trend
  • Carbide materials for boring tools.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Market share by end-user segment 2016 and 2021
      • Table Market segmentation of global boring tools market
    • Market size and forecast
      • Table Global boring tools market 2016-2021 ($ millions)
      • Table Global vehicle sales by type 2015 (%)
      • Table Region-wise performance outlook for automotive industry 2015-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Table Global boring tools market by geography 2016 and 2021
    • Transportation
      • Table Global boring tools market in transportation segment 2016-2021 ($ millions)
    • General machinery
      • Table Global boring tools market in general machinery segment 2016-2021 ($ millions)
    • Precision engineering
      • Table Global boring tools market in precision engineering 2016-2021 ($ millions)
  • Geographical segmentation
    • Table Global boring tools market by geography 2016 and 2021
    • APAC
      • Table Boring tools market in APAC 2016-2021 ($ millions)
      • Table Automotive sales in China 2014-2016 (millions of units)
    • EMEA
      • Table Boring tools market in EMEA 2016-2021 ($ millions)
      • Table Passenger car production in EU 2016 H1 (%)
    • Americas
      • Table Boring tools market in Americas ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Advantages of CNC in boring tools
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Global price trend of stainless steel June 2014-May 2015 ($/ton)
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Additive manufacturing
      • Table Global 3D printing market 2016-2021 ($ billions)
    • Carbide materials for boring tools
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table List of other prominent vendors
  • Key vendor analysis
    • BIG KAISER
      • Table BIG KAISER: Boring tools product portfolio
    • Kennametal
      • Table Kennametal: Boring tools product portfolio
    • NACHI-FUJIKOSHI
      • Table NACHI-FUJIKOSHI: Boring tools product portfolio
    • OSG
      • Table OSG: Boring tools product portfolio
    • Sandvik
      • Table Sandvik: Boring tools product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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