Get Industry Insights. Simply.

Advanced Search

Gear Cutting Tool Market Trend and 11 Gear Cutting Tool Manufacturers Profile

 

Prof Research published a new market report on the gear cutting tool market. It presents the largest 11 manufacturers in the gear cutting tool market. The report is a professional and in-depth study of the current state of the global gear cutting tool market. The report provides key statistics on the market of gear cutting tool. It is a valuable source of guidance and direction for companies and individuals interested in the gear cutting tool industry.


The global gear cutting tool market was valued to be 702.06 million USD in 2021. The gear cutting tool production value is anticipated to have grown with a CAGR of 1.89% in the coming years to reach 785.45 million USD in 2027.

                                                                                                                                  

Sandvik is the largest manufacturer of gear cutting tool in the world, and it has a market share of 22.0% in value. Sandvik AB is an engineering company in mining and rock excavation, metal-cutting and materials technology. Its segments include Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology.


Kennametal is the second largest manufacturer of gear cutting tool in the world, and it has a market share of 13.3% in value. Kennametal Inc. is a provider of industrial technology that serves customers across the aerospace, earthworks, energy, general engineering and transportation end markets. The Company's segments include Metal Cutting and Infrastructure.


Mitsubishi Materials is the third largest manufacturer of gear cutting tool in the world, and it has a market share of 10.3% in value. Mitsubishi Materials Corporation is a Japan-based company principally engaged in the processing and manufacture of non-ferrous metals and cement. The Company operates in four business segments: Advanced Products Buiness Metalworking Solutions Buiness, Cement Buiness, and Eniomert & Ener Buiness.


Kyocera is the fourth largest manufacturer of gear cutting tool in the world, and it has a market share of 8.4% in value. Kyocera Corporation is mainly engaged in the development, manufacture and sale of automotive parts, semiconductor-related parts and electronic parts. The Company operates in four business segments: Core Components Business (including Industrial & Automotive Components Unit, Semiconductor Components Unit, and Others), Electronic Components Business, Solutions Business (including Industrial Tools Unit, Document Solutions Unit, Communications Unit, Others).