| Standard Report | Premium Report | |
|---|---|---|
| Current State of the Industry |  |
|
| Market Size (industry trends) | |
|
| Market Forecast (5-year projection) | |
|
| Products/Services Breakdown | |
|
| Revenue per State | |
|
| Financial Metrics | |
|
| Salary & Compensation Statistics | |
|
| Public Company Information | |
|
| Key Private Companies | |
|
| Government Vendors | |
|
| Instant Download - Available immediately upon purchase | |
|
Download both PDF and Excel
|
|
|
| Download now: |
2025 U.S. Industry Statistics & Market Forecast - Cutting Tool and Machine Tool Accessory Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Cutting Tool and Machine Tool Accessory Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Cutting Tool and Machine Tool Accessory Manufacturing industry include:- Rising automation and robotics integration
- Increased adoption of additive manufacturing and 3D printing technologies
- Growing demand for high precision tools
- Shift towards electric vehicles impacting tool needs
- Emphasis on sustainable and environmentally friendly manufacturing processes
- Fluctuating raw material prices influencing production costs
- Global supply chain disruptions affecting availability
- Expanding role of advanced materials like ceramics and composites
- Increasing competition from low-cost manufacturers, particularly from Asia
- Enhanced focus on tool customization and small-batch production
- Advancements in cutting tool materials and coatings
- Integration of IoT and data analytics for predictive maintenance and efficiency
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Cutting Tool and Machine Tool Accessory Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Cutting Tool and Machine Tool Accessory Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Cutting Tool and Machine Tool Accessory Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
|
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Architecture and Engineering Occupations | 7% | |||
| Engineers | 6% | |||
| Office and Administrative Support Occupations | 9% | |||
| Production Occupations | 61% | |||
| Assemblers and Fabricators | 5% | |||
| Metal Workers and Plastic Workers | 36% | |||
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 6% | |||
| Machinists | 14% | |||
| Machinists | 14% | |||
| Tool and Die Makers | 7% | |||
| Tool and Die Makers | 7% | |||
| Other Production Occupations | 15% | |||
| Computer Numerically Controlled Tool Operators and Programmers | 10% | |||
| Computer Numerically Controlled Tool Operators | 8% | |||
Cutting Tool and Machine Tool Accessory Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Cutting Tool and Machine Tool Accessory Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Cutting Tool and Machine Tool Accessory Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Cutting Tool and Machine Tool Accessory Manufacturing industry. |
Source:
Latest Industry News
- Zacks Industry Outlook Highlights Core & Main, Stanley Black & Decker and Kennametal - Today, Zacks Equity Research discusses Core & Main, Inc. CNM, Stanley Black & Decker, Inc. SWK and Kennametal Inc. KMT. Industry: Manufacturing (07/08/2025)
- 3 Manufacturing Tools Stocks to Watch Despite Industry Headwinds - Weakness in the manufacturing sector, slowdown in new orders and lingering effects of supply-chain issues have marred the outlook of the Zacks Manufacturing-Tools & Related Products industry. The industry also faces challenges due to a shortage of skilled labor in the United States. (07/07/2025)
- Who Makes Diablo Tools? (And Is It The Same Company That Makes Bosch?) - Is Diablo Tools made by the same company that makes Bosch? We'll explore who makes Diablo Tools and why many tool companies often share ownership. (07/05/2025)
- Innovation-Powered Success: Technology Startup D’Andrea Transforms Machinery Equipment Manufacturing - United States Bureau of Labor Statistics 1. The company went digital, adopting Siemens’ NX CAD, NX CAM and Teamcenter. D’Andrea, an Italian company known as a world leader in the production of high precision accessories for the CNC machine tool industry, (06/25/2025)
- Inside D’Andrea’s Strategic Pivot Toward Digitalization (Includes Video) - A standard boring head could not be adjusted to specific increments for precision and required the machine to be stopped to adjust the cut, so D’Andrea’s product was an industry-first innovation. The key to D'Andrea's longevity and competitive advantage has been its embrace of continuous innovation. (06/25/2025)
- How ZYOD Is Powering A New Wave Of On-Demand Fashion Manufacturing - ZYOD utilises AI tools for fashion trend prediction and claims to have compressed the production cycle to 50 days compared to the usual 120-180 days (06/23/2025)
- Cutting Tool Demand Undercut by Uncertainty - The lack of clarity on tariff negotiations has “stagnated” key manufacturing markets, according to one expert, pushing expectations for recovery or growth into Q3 2025. (06/23/2025)
- Forkardt Hardinge Acquires ATS Systems, Expands Capabilities in Machine Tool Accessories - Yahoo Finance - ELMIRA, N.Y., June 9, 2025 /PRNewswire/ -- Forkardt Hardinge, a global leader in precision workholding, proudly announces the acquisition of ATS Systems. This strategic acquisition strengthens ... (06/09/2025)
- Snapmaker Announces Upcoming Launch of Snapmaker Orca: A Next-Generation Open-Source Software Platform for Digital Fabrication - Snapmaker, the trailblazing company behind modular desktop fabrication machines, today announced it is phasing in a powerful new software platform—Snapmaker Orca—designed to redefine the user experience across 3D printing, (05/26/2025)
- Why Precision Tools and Machines Matter in Manufacturing Today - Manufacturing has come a long way from hand labor and crude hand tools. It now relies on complex machines and extremely precise tools that are able to mass-produce millions of the same part with virtually no mistakes. (05/25/2025)
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.