The Business Research Company’s Cutting Tool And Machine Tool Accessory Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cutting Tool And Machine Tool Accessory Global Market Report 2023 evaluates cutting tool and machine tool accessory market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global cutting tool and machine tool accessory market grew from $78.6 billion in 2022 to $84.59 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cutting tool and machine tool accessory market is expected to grow to $108.83 billion in 2027 at a CAGR of 6.5%.
The cutting tool and machine tool accessory market segments in the report are:
1) By Type: Metalworking Knives And Bits, Measuring Attachments, Metalworking Drill Bits, Machine Tool Taps And Dies
2) By Application: Automotive, Manufacturing, Other Applications
3) By Sales Channel: Direct, Indirect
Get More Information On The Cutting Tool And Machine Tool Accessory Market Report:
The table of contents in TBRC’s cutting tool and machine tool accessory market report includes:
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Top 5 Major Key Players Are:
List Of Tables:
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Cutting Tool And Machine Tool Accessory Market, 2022, By Region, Value ($ Billion)
Table 4: Global Cutting Tool And Machine Tool Accessory Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 5: Global Cutting Tool And Machine Tool Accessory Market, Growth And Market Share Comparison, By Region
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Table 128: Global Metalworking Machinery Manufacturing Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 129: Global Metalworking Machinery Manufacturing Market, 2017-2022, 2022-2027F, 2032F, Segmentation By Type, Value ($ Billion)
Table 130: Global Cutting Tool And Machine Tool Accessory Market In 2027- Growth Countries
Table 131: Global Cutting Tool And Machine Tool Accessory Market In 2027- Growth Segments
Table 132: Global Cutting Tool And Machine Tool Accessory Market In 2027- Growth Strategies
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