3D laser processing machines are gaining popularity as they reduce processing time for cutting and welding applications. 3D laser is a 5-axle laser machine which cuts sheet-metal components in three dimensions. Cutting tool and machine tool accessory manufacturers are producing 3D laser processing machines which are typically used in automotive and aerospace industry for cutting or welding of aluminum parts, drilling of engine parts, and laser surfacing of used parts.

THE BUSINESS RESEARCH COMPANY VALUED THE CUTTING TOOL AND MACHINE TOOL ACCESSORY MANUFACTURING MARKET AT $33 BILLION IN 2017

Asia Pacific was the largest geographic region in the market, accounting for nearly half of the global market. China was the largest country accounting for one fifth of the global cutting tool and machine tool accessory manufacturing market.

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According to The Business Research Company’s Consultant, Nitin Gianchandani, companies use high-speed steel cutting tools for increase ease and efficiency in the development of quality products. Customers across the globe are insisting on superior-quality products in less time and at a reduced cost. Several organizations have begun to deploy high-speed steel cutting tools such as milling tools, drilling tools, tapping tools, reaming tools, counter-boring tools, broaching tools, and gear cutting tools.

Sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=181&type=smp

Doosan Machine Cutting was the biggest player in the cutting tool and machine tool accessory manufacturing market.
Cutting tool and machine tool accessory manufacturing industry includes establishments manufacturing accessories and attachments for metal cutting and metal forming machine tools. Industry products include blade cutters, small knives and drilling bits, as well as clampers, holders and tapering attachments. Machine shops, automotive manufacturers and heavy equipment manufacturers use these cutting and machine tools and their accessories.

Cutting Tool and Machine Tool Accessory Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.

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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

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