선삭 공구 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 종류별, 용도별, 산업별, 지역별, 경쟁별(2020-2030년)

The Global Turning Tools Market was valued at USD 6.9 billion in 2024 and is expected to reach USD 11.2 billion by 2030 with a CAGR of 8.2% through 2030. Technological advancements in tool materials, coatings, and geometries have improved the efficiency and performance of turning tools, enabling high-speed machining and enhancing precision. The increasing demand from automotive and aerospace industries, which require complex, high-precision components, further fuels market growth. Additionally, the rising adoption of CNC systems and the need for high precision in medical devices, electronics, and precision machinery contribute to the market's expansion. Emerging markets, particularly in Asia-Pacific, are also seeing rapid industrialization, which boosts the demand for turning tools. The growing focus on customization, sustainability, and energy efficiency in manufacturing is another important driver, as companies seek tools that offer longer life cycles, reduced waste, and higher productivity. The integration of additive manufacturing and traditional turning processes also strengthens the market, as hybrid manufacturing approaches become more common in complex production environments.

Key Market Drivers

Growth in Manufacturing and Industrial Production Across Key Sectors

The global turning tools market is primarily driven by the robust growth in manufacturing and industrial production, especially in sectors such as automotive, aerospace, metalworking, and general precision engineering. These industries rely heavily on turning operations to shape, refine, and finish components that meet strict quality standards. As the global economy recovers and industrial activities continue to grow, particularly in emerging markets, the demand for high-precision tools like turning tools has surged.

In the automotive industry, the increasing need for complex components such as engine parts, transmission systems, gears, and chassis requires the use of turning tools capable of handling high-tolerances and providing consistent, high-quality finishes. This trend is also mirrored in the aerospace sector, where components such as turbine blades, gears, and other critical parts must adhere to stringent requirements for strength and precision. In both these industries, turning tools enable the production of small, intricate, and highly accurate parts that are essential for the performance and safety of the end product. The expansion of these industries, particularly in regions like Asia-Pacific, is a major driver of the turning tools market.

Key Market Challenges

High Costs of Advanced Turning Tools and Materials

One of the major challenges facing the global turning tools market is the high cost of advanced turning tools and materials. The development and production of high-performance turning tools, such as those made from carbide, ceramic, or high-speed steel, require significant investment in research and development, as well as advanced manufacturing processes. These tools often come with a higher upfront cost compared to traditional tools, which can be a barrier for small and medium-sized manufacturers, especially in emerging economies where budget constraints are more pronounced.

The use of specialized coatings, such as CVD (Chemical Vapor Deposition) and PVD (Physical Vapor Deposition), further adds to the cost of turning tools. While these coatings enhance tool durability and performance, they require expensive equipment and specialized processes for application. This increases the overall price of the tools, making them less accessible for smaller businesses that may not have the capital to invest in such high-end solutions. The cost of high-performance turning tools can also be a challenge for industries where price sensitivity is a key factor, such as the automotive sector, particularly in regions where labor costs and manufacturing overheads are already high.

Additionally, the increased complexity and precision required in modern manufacturing processes further drive up the cost of turning tools. With industries pushing for more customized solutions and the need for tools that can handle intricate, high-tolerance components, manufacturers must continuously innovate and develop new products to meet these demands. This continuous cycle of innovation requires heavy investment, which can limit profitability, particularly for companies that do not achieve economies of scale. As a result, smaller players in the market may struggle to compete, and the market could see a concentration of suppliers that can afford the research and manufacturing costs associated with advanced tooling solutions.

Another related challenge is the ongoing pressure to reduce costs in production without compromising the quality or performance of the turning tools. In highly competitive markets, manufacturers are constantly seeking ways to balance cost-effectiveness with innovation and quality. This often leads to companies having to make difficult decisions about material choices, production methods, and whether to invest in more expensive technologies. Overcoming the challenge of high tool costs while maintaining competitive pricing and profitability remains a key issue for many manufacturers in the turning tools market.

Tool Wear and Downtime in High-Volume Production

Another significant challenge in the global turning tools market is the issue of tool wear and the resulting downtime in high-volume production environments. Turning tools experience wear and tear over time due to the intense pressures, high speeds, and friction they endure during machining processes. The rate of tool wear depends on a variety of factors, including the material being machined, cutting speed, feed rate, and the type of tool used. As tools wear down, their effectiveness decreases, leading to less precise cuts, increased cycle times, and lower-quality finished products.

In high-volume production environments, tool wear can result in significant downtime, as tools need to be replaced or sharpened regularly. This downtime disrupts the manufacturing process, reducing overall efficiency and productivity. In industries such as automotive or aerospace, where precision is critical and production timelines are tight, even short periods of downtime can result in delays and financial losses. To mitigate this, manufacturers must invest in tools with longer life spans or tools that are easier to re-sharpen and maintain. However, high-quality, long-lasting tools often come at a premium price, creating a dilemma for companies striving to balance cost-efficiency with performance.

The issue of tool wear is particularly challenging when dealing with new materials and applications, as traditional turning tools may not be suitable for cutting advanced materials such as composites, titanium, and superalloys. These materials, which are increasingly used in industries like aerospace and medical device manufacturing, are harder on tools and require more specialized, durable turning tools. The increased cost and wear of tools when working with these materials can raise production costs and further strain manufacturing budgets.

Moreover, the need for tool changeovers, tool monitoring systems, and regular maintenance also adds to operational costs. Although advancements in tool monitoring systems, such as those using sensors to predict wear, help mitigate some of these issues, the upfront cost of these technologies can be a barrier for smaller manufacturers. Tool wear and the resulting downtime remain ongoing concerns for manufacturers, and addressing this challenge is crucial for improving overall efficiency and reducing costs in the turning tools market. Consequently, companies must continue to innovate, exploring new materials, coatings, and tool designs that can withstand longer machining cycles and reduce wear while maintaining high performance.

Key Market Trends

Rising Adoption of Automation and Digitalization in Manufacturing

One of the key trends in the global turning tools market is the increasing adoption of automation and digitalization in manufacturing processes. As industries strive for greater efficiency, precision, and cost-effectiveness, the integration of automation technologies such as robotics, CNC (Computer Numerical Control) systems, and AI-driven machine learning tools has become increasingly widespread. These advancements enable manufacturers to automate repetitive tasks, improve precision, and reduce human error. For turning tools manufacturers, the shift toward automation has created a growing demand for high-performance, reliable tools that can operate in highly automated environments with minimal supervision.

CNC machining, which allows for automated and precise control of turning operations, has seen a significant rise in usage. These systems enable manufacturers to create complex, highly accurate components with minimal labor input, which has driven the demand for advanced turning tools designed to work seamlessly with CNC systems. As the market for CNC machines grows, turning tool manufacturers are designing tools that can handle the high-speed, high-precision requirements of these systems. This trend has also led to an increased focus on tools that can be integrated with IoT (Internet of Things) technology, enabling real-time monitoring of tool performance and wear. These smart tools provide data that can be used to predict maintenance needs, optimize performance, and minimize downtime in the production process.

In addition to CNC systems, the introduction of AI and machine learning technologies into manufacturing processes has further transformed the turning tools market. AI-powered machines can analyze vast amounts of data from production lines to optimize cutting parameters, reducing tool wear, enhancing machining efficiency, and improving overall productivity. The increasing reliance on data-driven insights in manufacturing is fueling demand for turning tools that are compatible with these smart technologies. These tools not only offer enhanced precision but also enable more sustainable production practices by reducing material waste and energy consumption. As industries become more data-centric and automated, the turning tools market will continue to evolve, with manufacturers focusing on creating tools that can integrate seamlessly into highly automated and digitalized environments. Valued at approximately USD 193.46 billion in 2024, the global industrial automation market is projected to reach USD 371.5 billion by 2032, growing at a CAGR of 8.5% from 2024 to 2032

Key Market Players

• Ingersoll Werkzeuge GmbH
• Sandvik AB
• Mikron Tool SA
• NTK CUTTING TOOLS Co., Ltd.
• WNT Tools India Pvt Ltd.
• Kennametal Inc.
• Hanjiang Tool Corporation Limited
• Shanghai Tool Works Co.,Ltd.
• The Union Tool Corporation
• ISCAR Ltd.

Report Scope:

In this report, the Global Turning Tools Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Turning Tools Market, By Type:

• Rough turning tools
• Finish turning tools

Turning Tools Market, By Application:

• Conventional lathe machine
• CNC lathe machine

Turning Tools Market, By Industry:

• Automotive
• Electronics and electrical
• Aerospace
• Construction and Mining
• Others

Turning Tools Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Belgium
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Vietnam
• South America
  • Brazil
  • Colombia
  • Argentina
  • Chile
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Turkey
  • Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Turning Tools Market.

Available Customizations:

Global Turning Tools Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Solution Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Formulation of the Scope
• 2.4. Assumptions and Limitations
• 2.5. Sources of Research
  • 2.5.1. Secondary Research
  • 2.5.2. Primary Research
• 2.6. Approach for the Market Study
  • 2.6.1. The Bottom-Up Approach
  • 2.6.2. The Top-Down Approach
• 2.7. Methodology Followed for Calculation of Market Size & Market Shares
• 2.8. Forecasting Methodology
  • 2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Voice of Customer

5. Global Turning Tools Market Overview

6. Global Turning Tools Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type (Rough turning tools, Finish turning tools)
  • 6.2.2. By Application (Conventional lathe machine, CNC lathe machine)
  • 6.2.3. By Industry (Automotive, Electronics and electrical, Aerospace, Construction and mining, Others)
  • 6.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
• 6.3. By Company (2024)
• 6.4. Market Map

7. North America Turning Tools Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Industry
  • 7.2.4. By Country
• 7.3. North America: Country Analysis
  • 7.3.1. United States Turning Tools Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By Industry
  • 7.3.2. Canada Turning Tools Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By Industry
  • 7.3.3. Mexico Turning Tools Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By Industry

8. Europe Turning Tools Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Industry
  • 8.2.4. By Country
• 8.3. Europe: Country Analysis
  • 8.3.1. Germany Turning Tools Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By Industry
  • 8.3.2. France Turning Tools Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By Industry
  • 8.3.3. United Kingdom Turning Tools Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By Industry
  • 8.3.4. Italy Turning Tools Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By Industry
  • 8.3.5. Spain Turning Tools Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By Industry
  • 8.3.6. Belgium Turning Tools Market Outlook
    • 8.3.6.1. Market Size & Forecast
      • 8.3.6.1.1. By Value
    • 8.3.6.2. Market Share & Forecast
      • 8.3.6.2.1. By Type
      • 8.3.6.2.2. By Application
      • 8.3.6.2.3. By Industry

9. Asia Pacific Turning Tools Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Industry
  • 9.2.4. By Country
• 9.3. Asia Pacific: Country Analysis
  • 9.3.1. China Turning Tools Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By Industry
  • 9.3.2. India Turning Tools Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By Industry
  • 9.3.3. Japan Turning Tools Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By Industry
  • 9.3.4. South Korea Turning Tools Market Outlook
    • 9.3.4.1. Market Size & Forecast
      • 9.3.4.1.1. By Value
    • 9.3.4.2. Market Share & Forecast
      • 9.3.4.2.1. By Type
      • 9.3.4.2.2. By Application
      • 9.3.4.2.3. By Industry
  • 9.3.5. Australia Turning Tools Market Outlook
    • 9.3.5.1. Market Size & Forecast
      • 9.3.5.1.1. By Value
    • 9.3.5.2. Market Share & Forecast
      • 9.3.5.2.1. By Type
      • 9.3.5.2.2. By Application
      • 9.3.5.2.3. By Industry
  • 9.3.6. Indonesia Turning Tools Market Outlook
    • 9.3.6.1. Market Size & Forecast
      • 9.3.6.1.1. By Value
    • 9.3.6.2. Market Share & Forecast
      • 9.3.6.2.1. By Type
      • 9.3.6.2.2. By Application
      • 9.3.6.2.3. By Industry
  • 9.3.7. Vietnam Turning Tools Market Outlook
    • 9.3.7.1. Market Size & Forecast
      • 9.3.7.1.1. By Value
    • 9.3.7.2. Market Share & Forecast
      • 9.3.7.2.1. By Type
      • 9.3.7.2.2. By Application
      • 9.3.7.2.3. By Industry

10. South America Turning Tools Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By Industry
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Turning Tools Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By Industry
  • 10.3.2. Colombia Turning Tools Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By Industry
  • 10.3.3. Argentina Turning Tools Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By Industry
  • 10.3.4. Chile Turning Tools Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Type
      • 10.3.4.2.2. By Application
      • 10.3.4.2.3. By Industry

11. Middle East & Africa Turning Tools Market Outlook

• 11.1. Market Size & Forecast
  • 11.1.1. By Value
• 11.2. Market Share & Forecast
  • 11.2.1. By Type
  • 11.2.2. By Application
  • 11.2.3. By Industry
  • 11.2.4. By Country
• 11.3. Middle East & Africa: Country Analysis
  • 11.3.1. Saudi Arabia Turning Tools Market Outlook
    • 11.3.1.1. Market Size & Forecast
      • 11.3.1.1.1. By Value
    • 11.3.1.2. Market Share & Forecast
      • 11.3.1.2.1. By Type
      • 11.3.1.2.2. By Application
      • 11.3.1.2.3. By Industry
  • 11.3.2. UAE Turning Tools Market Outlook
    • 11.3.2.1. Market Size & Forecast
      • 11.3.2.1.1. By Value
    • 11.3.2.2. Market Share & Forecast
      • 11.3.2.2.1. By Type
      • 11.3.2.2.2. By Application
      • 11.3.2.2.3. By Industry
  • 11.3.3. South Africa Turning Tools Market Outlook
    • 11.3.3.1. Market Size & Forecast
      • 11.3.3.1.1. By Value
    • 11.3.3.2. Market Share & Forecast
      • 11.3.3.2.1. By Type
      • 11.3.3.2.2. By Application
      • 11.3.3.2.3. By Industry
  • 11.3.4. Turkey Turning Tools Market Outlook
    • 11.3.4.1. Market Size & Forecast
      • 11.3.4.1.1. By Value
    • 11.3.4.2. Market Share & Forecast
      • 11.3.4.2.1. By Type
      • 11.3.4.2.2. By Application
      • 11.3.4.2.3. By Industry
  • 11.3.5. Israel Turning Tools Market Outlook
    • 11.3.5.1. Market Size & Forecast
      • 11.3.5.1.1. By Value
    • 11.3.5.2. Market Share & Forecast
      • 11.3.5.2.1. By Type
      • 11.3.5.2.2. By Application
      • 11.3.5.2.3. By Industry

12. Market Dynamics

• 12.1. Drivers
• 12.2. Challenges

13. Market Trends and Developments

14. Company Profiles

• 14.1. Ingersoll Werkzeuge GmbH
  • 14.1.1. Business Overview
  • 14.1.2. Key Revenue and Financials
  • 14.1.3. Recent Developments
  • 14.1.4. Key Personnel/Key Contact Person
  • 14.1.5. Key Product/Services Offered
• 14.2. Sandvik AB
  • 14.2.1. Business Overview
  • 14.2.2. Key Revenue and Financials
  • 14.2.3. Recent Developments
  • 14.2.4. Key Personnel/Key Contact Person
  • 14.2.5. Key Product/Services Offered
• 14.3. Mikron Tool SA
  • 14.3.1. Business Overview
  • 14.3.2. Key Revenue and Financials
  • 14.3.3. Recent Developments
  • 14.3.4. Key Personnel/Key Contact Person
  • 14.3.5. Key Product/Services Offered
• 14.4. NTK CUTTING TOOLS Co., Ltd.
  • 14.4.1. Business Overview
  • 14.4.2. Key Revenue and Financials
  • 14.4.3. Recent Developments
  • 14.4.4. Key Personnel/Key Contact Person
  • 14.4.5. Key Product/Services Offered
• 14.5. WNT Tools India Pvt Ltd.
  • 14.5.1. Business Overview
  • 14.5.2. Key Revenue and Financials
  • 14.5.3. Recent Developments
  • 14.5.4. Key Personnel/Key Contact Person
  • 14.5.5. Key Product/Services Offered
• 14.6. Kennametal Inc.
  • 14.6.1. Business Overview
  • 14.6.2. Key Revenue and Financials
  • 14.6.3. Recent Developments
  • 14.6.4. Key Personnel/Key Contact Person
  • 14.6.5. Key Product/Services Offered
• 14.7. Hanjiang Tool Corporation Limited
  • 14.7.1. Business Overview
  • 14.7.2. Key Revenue and Financials
  • 14.7.3. Recent Developments
  • 14.7.4. Key Personnel/Key Contact Person
  • 14.7.5. Key Product/Services Offered
• 14.8. Shanghai Tool Works Co.,Ltd.
  • 14.8.1. Business Overview
  • 14.8.2. Key Revenue and Financials
  • 14.8.3. Recent Developments
  • 14.8.4. Key Personnel/Key Contact Person
  • 14.8.5. Key Product/Services Offered
• 14.9. The Union Tool Corporation
  • 14.9.1. Business Overview
  • 14.9.2. Key Revenue and Financials
  • 14.9.3. Recent Developments
  • 14.9.4. Key Personnel/Key Contact Person
  • 14.9.5. Key Product/Services Offered
• 14.10. ISCAR Ltd.
  • 14.10.1. Business Overview
  • 14.10.2. Key Revenue and Financials
  • 14.10.3. Recent Developments
  • 14.10.4. Key Personnel/Key Contact Person
  • 14.10.5. Key Product/Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer