선삭공구 시장 규모, 점유율, 성장 분석 : 공구 유형별, 재질별, 용도별, 최종 용도 산업별, 지역별 - 업계 예측(2026-2033년)

Global Turning Tools Market size was valued at USD 5.34 Billion in 2024 and is poised to grow from USD 5.59 Billion in 2025 to USD 8.07 Billion by 2033, growing at a CAGR of 4.7% during the forecast period (2026-2033).

The growth of the global turning tools market is significantly driven by the rising demand for industrial switching equipment and an increasing trend of automation in various industries. E-commerce platforms play a crucial role in expanding the reach of conversion tool manufacturers, making these tools more accessible and affordable. This accessibility is fostering a broader geographical presence within the market, ultimately expanding its overall dimensions. The demand for advanced machine tools is further propelled by rising industrial production and heightened product quality requirements. Turning machines are particularly in demand across sectors such as automotive, aerospace, rail, furniture and carpentry, power and energy, and healthcare, indicating a robust market potential for turning tools within diverse applications.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Turning Tools market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Turning Tools Market Segments Analysis

Global Turning Tools Market is segmented by Tool Type, Material, Application, End Use Industry and region. Based on Tool Type, the market is segmented into Lathe Tools, Boring Tools, Threading Tools and Grooving Tools. Based on Material, the market is segmented into High-Speed Steel, Carbide, Cermet, Ceramic and Diamond. Based on Application, the market is segmented into Metal Cutting, Woodturning and Plastic Machining. Based on End Use Industry, the market is segmented into Automotive, Aerospace, Manufacturing, Construction and Electronics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Turning Tools Market

The expansion of factory automation is a key factor propelling the adoption of advanced intelligent manufacturing technologies in the production and processing sectors. This shift is fueled by the benefits of enhanced productivity, efficiency, and a more manageable skilled workforce. As a result, the landscape of manufacturing and machine operations is transitioning from conventional practices to sophisticated, integrated, and adaptable machine systems. This evolution not only streamlines processes but also fosters a more responsive approach to manufacturing, enabling organizations to better meet market demands and achieve operational excellence in an increasingly competitive environment.

Restraints in the Global Turning Tools Market

Numerous manufacturers are concentrating on automating their production processes to cut labor expenses, enhance efficiency, and optimize overall operations. Nevertheless, implementing such automation involves significant investment in equipment and infrastructure, which can lead to extensive wear and tear on various types of machinery. This challenge presents a considerable obstacle in the Global Turning Tools market, as companies may struggle with the costs and complexities associated with upgrading their facilities while managing the necessary maintenance and potential breakdowns of their existing equipment. Consequently, this may hinder growth and innovation within the sector, impacting overall market dynamics.

Market Trends of the Global Turning Tools Market

The Global Turning Tools market is witnessing a significant trend characterized by the aggressive launch of innovative products and strategic acquisitions by major players seeking to enhance their competitive edge. Industry leaders are actively introducing advanced tooling solutions tailored for diverse applications, such as specialized inserts designed for specific sectors like rail, which aim to optimize performance and productivity. These strategic initiatives not only elevate brand recognition but also cater to the evolving demands of manufacturers who are increasingly focused on efficiency and precision in machining processes. This dynamic environment fosters continuous growth and adaptation within the turning tools sector.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies
• Technological Analysis

Global Turning Tools Market Size by Tool Type & CAGR (2026-2033)

• Market Overview
• Lathe Tools
• Boring Tools
• Threading Tools
• Grooving Tools

Global Turning Tools Market Size by Material & CAGR (2026-2033)

• Market Overview
• High-Speed Steel
• Carbide
• Cermet
• Ceramic
• Diamond

Global Turning Tools Market Size by Application & CAGR (2026-2033)

• Market Overview
• Metal Cutting
• Woodturning
• Plastic Machining

Global Turning Tools Market Size by End Use Industry & CAGR (2026-2033)

• Market Overview
• Automotive
• Aerospace
• Manufacturing
• Construction
• Electronics

Global Turning Tools Market Size & CAGR (2026-2033)

• North America (Tool Type, Material, Application, End Use Industry)
  • US
  • Canada
• Europe (Tool Type, Material, Application, End Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Tool Type, Material, Application, End Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Tool Type, Material, Application, End Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Tool Type, Material, Application, End Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Sandvik Coromant (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kennametal Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Materials Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Electric Industries, Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ISCAR Ltd. (Israel)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kyocera Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Seco Tools (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tungaloy Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Walter AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dormer Pramet (Czech Republic)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TaeguTec Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NTK Cutting Tools (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ceratizit Group (Luxembourg)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mapal Dr. Kress KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zhuzhou Cemented Carbide Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• YG-1 Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Korloy Inc. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Guhring Inc. (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LMT Tools (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Allied Machine & Engineering Corp. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations