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Cutting Tool & Machine Tool Accessory Manufacturing Industry: Statistics, Market Size, Forecast

Cutting Tool & Machine Tool Accessory Manufacturing - Market Size and Industry Forecast

The 2021 Cutting Tool and Machine Tool Accessory Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the cutting tool & machine tool accessory manufacturing industry.

HistoricalForecasted
20162017201820192020202120222023202420252026
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Cutting Tool & Machine Tool Accessory Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Cutting Tool & Machine Tool Accessory Manufacturing companies in the United States.

Cutting Tool & Machine Tool Accessory Manufacturing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesCutting Tool & Machine Tool Accessory Manufacturing
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Cutting Tool & Machine Tool Accessory Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Cutting Tool & Machine Tool Accessory Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Cutting Tool & Machine Tool Accessory Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Cutting tool and machine tool accessory mfg.

Small cutting tools for machine tools/metalworking machinery

Other cutting tools for machines tools, excl. tips and blanks

End mills and milling cutters

Threading tools, including blanks, tips, and inserts

Carbon/high-speed steel shank, solid, tipped carbide twist drills

Taps, carbide indexible, and throwaway inserts for machine tools

Small cutting tools, machine tools/metalworking mach., nsk

Other attachments/etc., machine tools/metalworking mach.

Cutting & machine tool accessory mfg, nsk, admin-records


Cutting Tool & Machine Tool Accessory Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations6%

Chief Executives0%
General and Operations Managers3%
Architecture and Engineering Occupations7%
Engineers6%
Office and Administrative Support Occupations9%
Production Occupations63%
Assemblers and Fabricators5%
Metal Workers and Plastic Workers48%
Computer Control Programmers and Operators8%
Computer-Controlled Machine Tool Operators, Metal and Plastic7%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic6%
Machinists15%
Machinists15%
Tool and Die Makers9%
Tool and Die Makers9%
Other Production Occupations6%

Government Contracts

In the past, the federal government spent an annual total of $13,624,088 on the cutting tool & machine tool accessory manufacturing industry. It has awarded 1,229 contracts to 250 companies, with an average value of $54,496 per company.

Cutting Tool & Machine Tool Accessory Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Cutting Tool & Machine Tool Accessory Manufacturing Industry Report
GeographyUnited States  
Publication DateOctober 2021
Report FormatPDF Download  
Price

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