United States High-Speed Steel Round Threading Dies Market was valued at USD 0.35 Billion in 2022 and is projected to reach USD 0.52 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
The US High-Speed Steel Round Threading Dies Market has experienced significant growth, driven by industrial demand for precision cutting tools that can withstand high temperatures and stresses. These dies are essential for producing threads on bolts, nuts, and other fasteners, a critical component in numerous manufacturing sectors such as automotive, aerospace, and construction. The increasing requirement for robust, high-performance tools to handle heavy-duty tasks has shaped the current trends in the market.
High-Speed Steel (HSS) round threading dies are highly sought after due to their superior hardness, durability, and resistance to wear. This makes them ideal for applications requiring high precision and efficiency in cutting threads on various materials. The versatility of HSS round threading dies makes them a preferred choice across several industries, with the automotive sector being one of the largest consumers. Automotive manufacturers need threading dies that can produce consistent, accurate threads on a variety of metal types, and HSS dies meet these demands effectively.
Furthermore, the demand for HSS round threading dies is not limited to large-scale industrial applications. Small and medium-sized businesses involved in manufacturing small components also rely on these dies. In addition, the aerospace sector, where the precision of components is critical, is another significant driver of the market's growth. As technology evolves, the need for dies that can operate under extreme conditions, such as high temperatures and pressures, is expected to continue to rise.
Factors influencing the market for high-speed steel round threading dies also include the increasing focus on automation and the growing use of computer numerical control (CNC) machines. These advancements in manufacturing technology require dies that can maintain their integrity even under automated processes, further propelling the demand for high-quality, high-speed steel threading dies.
In conclusion, the US High-Speed Steel Round Threading Dies Market is poised for sustained growth as industrial requirements for durability, precision, and efficiency continue to drive demand across various sectors. As industries evolve, so too will the innovations and designs within the threading die market, ensuring that these critical tools meet the ever-changing needs of modern manufacturing.
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Beta Tools
RUKO
VOLKEL GmbH
Guhring
IZAR CUTTING TOOLS
Greenfield Industries
Cleveland Die & Manufacturing
OSG Tool
EXACT
Facom
SAM Outillage
GSR Threads Tools
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 US High-Speed Steel Round Threading Dies Market
High-Speed Steel (HSS)
Cobalt High-Speed Steel
Powdered Metallurgy High-Speed Steel
Round Threading Dies
Die Nuts
Thread Chasers
Automotive Industry
Aerospace Industry
Machine Tool Manufacturing
Construction and Heavy Equipment
Energy and Power Generation
Industrial Manufacturing
Metalworking
Construction
Shipbuilding
Electrical & Electronics
Metric Threads
Unified Threads
Acme Threads
Pipe Threads
US (United States, US 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 US High-Speed Steel Round Threading Dies 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. US High-Speed Steel Round Threading Dies Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US High-Speed Steel Round Threading Dies Market, By Type
6. US High-Speed Steel Round Threading Dies Market, By Application
7. US High-Speed Steel Round Threading Dies Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US High-Speed Steel Round Threading Dies Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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