Helical-Flute Thread Mills Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
However, as we transition into 2023 and look ahead to 2033, there is an evolving demand pattern for helical-flute thread mills. Industries worldwide are focusing on increasing their production capacities, and as global supply chains stabilize, more companies are expected to invest in precision tooling to enhance product quality. The surge in demand for electric vehicles (EVs), particularly in regions like Europe and North America, is expected to significantly impact the thread mills market. EV manufacturers require specialized components with precise threading for parts like battery housings and electric motors. This need for high-precision, durable components is likely to drive increased usage of helical-flute thread mills over the coming years.
The market outlook for the next decade is primarily shaped by increasing demand for custom tooling and innovations in machining capabilities. Thread mills, especially those with helical-flute designs, continue to outperform traditional taps in terms of thread quality and speed. With the expansion of additive manufacturing and smart factory technologies, the demand for these advanced thread mills is expected to rise, particularly for manufacturers focusing on industries that require high-precision threads and stronger material properties.
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The global Helical-Flute Thread Mills Market witnessed significant growth between 2018 and 2022. This growth was driven by advancements in manufacturing technology, increasing demand from industries like aerospace, automotive, and heavy machinery, and the growing need for precision threading in high-strength materials. Thread mills, especially helical-flute types, are integral for producing complex threads with better chip removal capabilities and enhanced surface finishes, leading to an increased adoption rate. In the period between 2018 and 2022, the market experienced a steady rise in demand due to the rapid adoption of automated and CNC (Computer Numerical Control) machines. This growth trend was especially prominent in developed economies like the United States, Germany, and Japan, where manufacturing innovations are a key driver of industry performance.
Advent Tool and Manufacturing
Scientific Cutting Tools
Inc
Carmex Precision Tools
Greenfield Industries
Harvey Performance Company
OSG
Widia GTD
YG1 Tool Company
Garr Tool
Kennametal
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Helical-Flute Thread Mills Market
Aerospace
Automotive
Others
Based on Types the Market is categorized into Below types that held the largest Helical-Flute Thread Mills market share In 2023.
AlTiN-Coated
TiAlN-Coated
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Helical-Flute Thread Mills Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Helical-Flute Thread Mills Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Helical-Flute Thread Mills Market, By Type
6. Global Helical-Flute Thread Mills Market, By Application
7. Global Helical-Flute Thread Mills Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Helical-Flute Thread Mills Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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