

Turning tools are used on lathes for cutting or finishing the outside diameter of a workpiece. Turning tools can be used to produce cylindrical parts. In its basic form, turning can be defined as the machining of an external surface with the workpiece rotating, or with a single-point cutting tool. Turning tools are generally made from steel, carbon steel, high speed steel, and powdered metal. To use turning tools for a turning operation, three primary factors need to be considered: speed, feed, and depth of cut. Other factors, such as material and type of tool, also have a large influence.
The global Turning Tools market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Turning Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Turning Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Turning Tools include ALESA, Aloris Tool Technology, Applitec Moutier, Arno, ASAHI Diamond, Beijing Worldia Diamond Tools Co., Ltd and BIG DAISHOWA, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Turning Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turning Tools.
Report Scope
The Turning Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Turning Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Turning Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ALESA
Aloris Tool Technology
Applitec Moutier
Arno
ASAHI Diamond
Beijing Worldia Diamond Tools Co., Ltd
BIG DAISHOWA
Segment by Type
Insert
Double-clamp
Monobloc
Others
Segment by Application
External
Internal
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Turning Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Turning Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Turning Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Turning Tools Market Overview
1.1 Product Definition
1.2 Turning Tools Segment by Type
1.2.1 Global Turning Tools Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Insert
1.2.3 Double-clamp
1.2.4 Monobloc
1.2.5 Others
1.3 Turning Tools Segment by Application
1.3.1 Global Turning Tools Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 External
1.3.3 Internal
1.4 Global Market Growth Prospects
1.4.1 Global Turning Tools Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Turning Tools Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Turning Tools Production Estimates and Forecasts (2019-2030)
1.4.4 Global Turning Tools Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Turning Tools Production Market Share by Manufacturers (2019-2024)
2.2 Global Turning Tools Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Turning Tools, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Turning Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Turning Tools Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Turning Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Turning Tools, Product Offered and Application
2.8 Global Key Manufacturers of Turning Tools, Date of Enter into This Industry
2.9 Turning Tools Market Competitive Situation and Trends
2.9.1 Turning Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest Turning Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Turning Tools Production by Region
3.1 Global Turning Tools Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Turning Tools Production Value by Region (2019-2030)
3.2.1 Global Turning Tools Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Turning Tools by Region (2025-2030)
3.3 Global Turning Tools Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Turning Tools Production by Region (2019-2030)
3.4.1 Global Turning Tools Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Turning Tools by Region (2025-2030)
3.5 Global Turning Tools Market Price Analysis by Region (2019-2024)
3.6 Global Turning Tools Production and Value, Year-over-Year Growth
3.6.1 North America Turning Tools Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Turning Tools Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Turning Tools Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Turning Tools Production Value Estimates and Forecasts (2019-2030)
4 Turning Tools Consumption by Region
4.1 Global Turning Tools Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Turning Tools Consumption by Region (2019-2030)
4.2.1 Global Turning Tools Consumption by Region (2019-2024)
4.2.2 Global Turning Tools Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Turning Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Turning Tools Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Turning Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Turning Tools Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Turning Tools Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Turning Tools Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Turning Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Turning Tools Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Turning Tools Production by Type (2019-2030)
5.1.1 Global Turning Tools Production by Type (2019-2024)
5.1.2 Global Turning Tools Production by Type (2025-2030)
5.1.3 Global Turning Tools Production Market Share by Type (2019-2030)
5.2 Global Turning Tools Production Value by Type (2019-2030)
5.2.1 Global Turning Tools Production Value by Type (2019-2024)
5.2.2 Global Turning Tools Production Value by Type (2025-2030)
5.2.3 Global Turning Tools Production Value Market Share by Type (2019-2030)
5.3 Global Turning Tools Price by Type (2019-2030)
6 Segment by Application
6.1 Global Turning Tools Production by Application (2019-2030)
6.1.1 Global Turning Tools Production by Application (2019-2024)
6.1.2 Global Turning Tools Production by Application (2025-2030)
6.1.3 Global Turning Tools Production Market Share by Application (2019-2030)
6.2 Global Turning Tools Production Value by Application (2019-2030)
6.2.1 Global Turning Tools Production Value by Application (2019-2024)
6.2.2 Global Turning Tools Production Value by Application (2025-2030)
6.2.3 Global Turning Tools Production Value Market Share by Application (2019-2030)
6.3 Global Turning Tools Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ALESA
7.1.1 ALESA Turning Tools Corporation Information
7.1.2 ALESA Turning Tools Product Portfolio
7.1.3 ALESA Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ALESA Main Business and Markets Served
7.1.5 ALESA Recent Developments/Updates
7.2 Aloris Tool Technology
7.2.1 Aloris Tool Technology Turning Tools Corporation Information
7.2.2 Aloris Tool Technology Turning Tools Product Portfolio
7.2.3 Aloris Tool Technology Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Aloris Tool Technology Main Business and Markets Served
7.2.5 Aloris Tool Technology Recent Developments/Updates
7.3 Applitec Moutier
7.3.1 Applitec Moutier Turning Tools Corporation Information
7.3.2 Applitec Moutier Turning Tools Product Portfolio
7.3.3 Applitec Moutier Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Applitec Moutier Main Business and Markets Served
7.3.5 Applitec Moutier Recent Developments/Updates
7.4 Arno
7.4.1 Arno Turning Tools Corporation Information
7.4.2 Arno Turning Tools Product Portfolio
7.4.3 Arno Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Arno Main Business and Markets Served
7.4.5 Arno Recent Developments/Updates
7.5 ASAHI Diamond
7.5.1 ASAHI Diamond Turning Tools Corporation Information
7.5.2 ASAHI Diamond Turning Tools Product Portfolio
7.5.3 ASAHI Diamond Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ASAHI Diamond Main Business and Markets Served
7.5.5 ASAHI Diamond Recent Developments/Updates
7.6 Beijing Worldia Diamond Tools Co., Ltd
7.6.1 Beijing Worldia Diamond Tools Co., Ltd Turning Tools Corporation Information
7.6.2 Beijing Worldia Diamond Tools Co., Ltd Turning Tools Product Portfolio
7.6.3 Beijing Worldia Diamond Tools Co., Ltd Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Beijing Worldia Diamond Tools Co., Ltd Main Business and Markets Served
7.6.5 Beijing Worldia Diamond Tools Co., Ltd Recent Developments/Updates
7.7 BIG DAISHOWA
7.7.1 BIG DAISHOWA Turning Tools Corporation Information
7.7.2 BIG DAISHOWA Turning Tools Product Portfolio
7.7.3 BIG DAISHOWA Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.7.4 BIG DAISHOWA Main Business and Markets Served
7.7.5 BIG DAISHOWA Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Turning Tools Industry Chain Analysis
8.2 Turning Tools Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Turning Tools Production Mode & Process
8.4 Turning Tools Sales and Marketing
8.4.1 Turning Tools Sales Channels
8.4.2 Turning Tools Distributors
8.5 Turning Tools Customers
9 Turning Tools Market Dynamics
9.1 Turning Tools Industry Trends
9.2 Turning Tools Market Drivers
9.3 Turning Tools Market Challenges
9.4 Turning Tools Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
ALESA
Aloris Tool Technology
Applitec Moutier
Arno
ASAHI Diamond
Beijing Worldia Diamond Tools Co., Ltd
BIG DAISHOWA
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*If Applicable.