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市場調查報告書
商品編碼
1558200

高速鋼市場報告：2030 年趨勢、預測與競爭分析

High Speed Steel Market Report: Trends, Forecast and Competitive Analysis to 2030
出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3個工作天內

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簡介目錄

高速鋼趨勢及預測

預計到 2030 年，全球高速鋼市場將達到 31 億美元，2024 年至 2030 年複合年成長率為 6.3%。該市場的主要促進因素是製造業和建設業對高速鋼的需求不斷增加以及全球基礎設施開發計劃數量的增加。全球高速鋼市場的未來前景廣闊，汽車、製造、航太、機械工程和建築市場充滿機會。

根據Lucintel的預測，由於鉬具有優異的耐磨性、高溫強度和硬度，預計在預測期內將出現最高成長。

在這個市場中，由於製造汽車零件對高速鋼的需求不斷增加，汽車預計將出現最高的成長。

由於經濟顯著成長、政府對高速鋼的投資增加以及該地區主要企業的存在，預計北美地區在預測期內將出現最高的成長。

高速鋼市場新趨勢

高速鋼產業目前正在經歷許多變革趨勢，這些趨勢正在顯著改變其格局。這些運動是由技術進步和不斷變化的消費者偏好推動的，旨在提高性能、永續性和成本效益。

  • 先進合金成分：高速鋼生產中使用的合金元素的創新導致鎢、鉬和鈷的使用增加。這樣可以實現更高的硬度、更高的耐磨性和更高的熱穩定性，使設計的刀具壽命更長，高速加工效率更高。
  • 粉末冶金：粉末冶金製程的日益普及使得高密度、超細晶高速鋼的生產成為可能。優異的機械性質（例如均勻性）能夠生產出使用壽命長的高品質切削刀具。
  • 環保生產：世界各地的高速鋼製造公司都專注於永續發展。在不斷擴大 HSSE 廢料回收範圍的同時，我們也在嘗試排放等節能活動，以減少與這些產品生產相關的生態足跡，並確保它們符合全球永續性原則。
  • 先進塗層技術：高速鋼刀具的性能透過物理氣相澱積(PVD) 和化學沉澱(CVD) 等先進塗層技術而增強。這些塗層提高了耐熱性、耐磨性和耐腐蝕，延長了刀具壽命並提高了切割效率。
  • 數位整合：包括人工智慧 (AI) 和機器學習在內的數位整合正在徹底改變高速鋼的設計和製造。這些技術支援的製造過程的精確控制可最佳化性能，確保品質穩定並提高性能，從而節省成本。

這些是高速鋼產業發生的重大變化，因為我們努力提高性能、減少環境影響和提高效率。對先進技術和生態經濟方法的關注可以確定高速鋼使用的新水平。

高速鋼市場近期發展

近年來，由於材料科學、特定要求以及生產中使用的各種製造程序的創新，高速鋼取得了長足的進步。這些發展包括複合材料的改進、生產技術的進步以及永續性的綠色趨勢，所有這些都在提高高速鋼在各種工業應用中的能力、性能和環境友好性，這顯然是為了加強。足跡。

  • 增強的合金成分：透過採用更複雜的合金成分（包括更高的鎢和鉬含量），新型高速鋼鋼種的硬度和耐磨性得到提高。這些材料提高了切削效率，同時延長了刀具壽命，並在較高溫度下允許更高的刀具速度。
  • 粉末冶金的創新：粉末冶金方法取得了進展，可生產機械性能改善的高密度高速鋼。該製程提供了優異的性能和均勻的微觀結構，提高了設備在高負載下的可靠性和效率。
  • 環保的生產方法：對永續高速鋼製造方法的渴望越來越受歡迎。這包括節能製造技術、減少排放、增加高速鋼廢料的回收。目的是盡量減少高速鋼生產對環境的影響。
  • 先進塗層技術：PVD 和 CVD 是提高高速鋼 (HSS) 性能的一些先進塗層方法。此類塗層具有優異的耐熱性、耐磨性和耐腐蝕性，可延長刀具壽命並提高切削性能。
  • 數位製造技術：人工智慧（AI）和機器學習等數位技術的整合可實現高速鋼（HSS）設計和製程最佳化。這些技術不僅可以精確控制材料特性，還可以精確控制製造程序，從而生產出品質卓越、具成本效益的高速鋼產品。

隨著這些發展，高速鋼已變得更加高效、耐用和永續性，滿足各行業日益成長的需求。

高速鋼市場的策略性成長機會

高速鋼市場正在興起，在關鍵應用領域帶來了一些策略性成長機會。這包括隨著許多工業領域對高性能工具的需求不斷成長而發展的技術平台。

  • 航太工業：由於需要能夠承受惡劣條件的高性能切削刀具，航太工業是高速鋼預計成長的最重要領域。高速鋼材和塗層的創新提高了航太製造設備的精度和韌性，從而導致該行業的需求增加。
  • 汽車製造：汽車製造商採用先進材料和製造方法的舉措將推動高速鋼的使用機會。由於複雜零件的製造需要高品質的切削刀具，因此該行業是製造商透過提供此類設備來發展業務的主要驅動力之一。
  • 能源產業：能源產業的石油和天然氣以及可再生能源開採需要強大的高速鋼鑽頭和工具來加工硬質材料。高速鋼 (HSS) 的現代化可以透過提高惡劣使用條件下的刀具壽命和性能來滿足這些要求。
  • 醫療設備製造：由於需要用於製造複雜零件的精密切削刀具，蓬勃發展的醫療設備產業為高速鋼帶來了機會。此生產過程利用具有改進性能和塗層的高速鋼，確保提高醫療設備的品質、可靠性和性能。
  • 積層製造工具：積層製造 (AM)（也稱為 3D 列印）的快速採用正在推動對可處理多方面金屬零件製造的 HSS 加工的需求。先進高速鋼 (HSS) 牌號的新發展為技術的採用鋪平了道路。

這些成長機會凸顯了由於技術進步和對高性能工具的需求增加，高速鋼在各行業的使用不斷擴大。

高速鋼市場推廣因素及挑戰

高速鋼（HSS）產業受到各種促進因素​​和挑戰的影響，包括技術創新、經濟因素和監管考量。了解這些因素對於駕馭市場和抓住機會至關重要。

推動高速鋼市場的因素有：

1.技術進步：合金成分和製造過程的進步導致高速鋼性能更高，包括刀俱生命週期效率的提高，從而導致各行業的需求增加。

2.工業應用的擴展：汽車工業、航太工業、能源工業等各行業對可靠工具的需求不斷增加，推動了高速鋼市場的成長速度。這些領域需要耐用且性能優異的工具，這就是高速鋼新品種不斷興起的原因。

3. 注重永續性：永續製造方法包括永續能源使用和回收。因此，高速鋼產品的效用對具有環保意識的客戶越來越有吸引力，這與日益流行的環保生產方法一致。

4. 加大研發投入：高速鋼技術的持續研發（R&D）投資將帶來新的鋼種與應用。這項投資將確保競爭地位，以滿足不斷變化的產業要求。

5.精密刀具的需求：工業製程和零件日益複雜，需要使用高精度刀具。因此，高速鋼取得了重大進展，以滿足模具和成型等精密製造領域快速成長的需求。

高速鋼市場面臨的挑戰是：

1.生產成本高：由於原料成本及需要先進的製造技術，生產高品質高速鋼的成本很高。這些成本會影響定價和市場競爭力。

2. 供應鏈中斷：全球供應鏈問題，包括原料短缺和運輸延誤，可能會影響 HSS 的可用性和成本。這些中斷可能導致生產延誤和成本增加。

3. 環境法規：具有嚴格規定的環境法對於這些材料的生產者來說可能非常具有挑戰性。事實上，遵守這些法律需要向清潔技術注入資金，從而導致更高的營運成本，特別是因為一些設施受到更嚴格的排放法規的約束。

總體而言，作用於高強度鋼板產業的驅動力及其挑戰繼續塑造著當今的高強度鋼板產業。技術突破和市場需求需要創新和進步。

高速鋼按細分領域

本研究按類型、生產方法、牌號、最終用途和地區對全球高速鋼進行了預測。

國家高速鋼市場展望

高速鋼（HSS）用於製造，因為它即使在極高的溫度下也能保持其硬度。性能和靈活性領域的先進功能正在全球範圍內開發。美國、中國、德國、印度和日本處於技術創新的前沿，他們為塑造高速鋼的未來做出了獨特的貢獻。因此，這些開發旨在提高生產率需求、刀具壽命以及惡劣環境下的整體性能。以下是每個國家最新資訊的摘要。

  • 美國：美國在改善合金成分以提高高速鋼的耐磨性和韌性方面取得了重大進展。為了獲得更好的結果，研究人員和製造商正在集中精力在熱處理過程中使用更先進的碳化物。此外，回收高速鋼廢料和減少製造過程中的能源消費量等環保製造技術也引起了人們的關注。
  • 中國：透過大力投資新技術和新工藝，中國在生產高品質高速鋼方面取得了長足進步。重大進展包括利用現代粉末冶金技術改進高速鋼以及富釩合金的可能應用。這些創新提高了切削效率並延長了刀具壽命。中國企業也正在研究塗層以提高高速鋼的溫度穩定性和耐磨性。
  • 德國：德國對高速鋼的研究重點是改善鋼的微觀結構，以實現優異的機械性能。利用先進的模擬工具和高精度的製造方法，這樣生產的HSSE提高了切削性能並延長了使用壽命。此外，德國領導者在該領域採用數位技術，不僅是為了最佳化生產流程，也是為了改善品管措施。
  • 印度：具有成本效益的 HSSE 製造和卓越的品質標準仍然是印度的主要關注點。最近的趨勢包括引入強化加工油以減少對進口的依賴以及擴大當地產能。印度正在透過開發針對汽車和航太工業的獨特等級材料來提高其競爭力。
  • 日本：日本在高速鋼創新方面仍處於領先地位，其基礎不僅是提高剛度，最重要的是提高穩定性。日本研究人員正在研究新的合金元素和熱處理技術，以提高刀具壽命和性能。此外，還有一項運動將人工智慧 (AI) 和機器學習引入設計和製造過程，以最佳化高速鋼的特性和性能。

常問問題

Q1.市場規模為：

A1. 到2030年，全球高速鋼市場預計將達到31億美元。

Q2.市場成長預測是多少：

A2. 預計2024年至2030年全球高速鋼市場複合年成長率為6.3%。

Q3.影響市場成長的主要促進因素是：

A3. 該市場的主要促進因素是製造和建設業對高速鋼的需求不斷增加以及全球基礎設施開發計劃數量的增加。

Q4.市場的主要細分市場是：

A4. 高速鋼市場在汽車、製造、航太、機械工程和建築市場的前景看好。

Q5.市場的主要企業是：

A5. 主要高速鋼企業如下：

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG

Q6.未來最大的細分市場是什麼？

A6.Lucintel預測，由於鉬具有優異的耐磨性、高溫強度和硬度，在預測期內將呈現最高成長。

Q7. 未來五年預計哪些地區的市場成長最大？

A7. 由於經濟顯著成長、政府對高速鋼的投資增加以及主要企業的存在，預計北美地區將在預測期內實現最高成長。

Q8. 可以客製化報告嗎？

A8. 是的，Lucintel 提供 10% 的客製化服務，無需額外付費。

目錄

第1章執行摘要

第2章全球高速鋼市場：市場動態

  • 簡介、背景、分類
  • 供應鏈
  • 產業促進因素與挑戰

第3章 2018-2030年市場趨勢及預測分析

  • 宏觀經濟趨勢（2018-2023）與預測（2024-2030）
  • 全球高速鋼市場趨勢（2018-2023）與預測（2024-2030）
  • 全球高速鋼市場按類型
    • 鎢高速鋼
    • 鉬高速鋼
    • 鈷高速鋼
    • 其他
  • 以生產方式分類的全球高速鋼市場
    • 常規高速鋼
    • 粉末冶金（PM）高速鋼
    • 噴射成型（SF）高速鋼
  • 全球高速鋼市場依等級分類
    • M級
    • T級
    • 進階
  • 以最終用途分類的全球高速鋼市場
    • 車
    • 製造業
    • 航太
    • 機械工業
    • 建造
    • 其他

第4章 2018-2030年區域市場趨勢及預測分析

  • 全球高速鋼市場（按地區）
  • 北美高速鋼市場
  • 歐洲高速鋼市場
  • 亞太高速鋼市場
  • 其他區域高速鋼市場

第5章 競爭分析

  • 產品系列分析
  • 營運整合
  • 波特五力分析

第6章 成長機會與策略分析

  • 成長機會分析
    • 全球高速鋼市場的成長機會（按類型）
    • 以生產方式分類的全球高速鋼市場成長機會
    • 全球高速鋼市場成長機會（依等級）
    • 全球高速鋼市場成長機會（依最終用途）
    • 全球高速鋼市場成長機會（按地區）
  • 全球高速鋼市場新趨勢
  • 戰略分析
    • 新產品開發
    • 全球高速鋼市場擴大產能
    • 全球高速鋼市場的合併、收購與合資
    • 認證和許可

第7章主要企業概況

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG
簡介目錄

High Speed Steel Trends and Forecast

The future of the global high speed steel market looks promising with opportunities in the automotive, manufacturing, aerospace, mechanical engineering, and construction markets. The global high speed steel market is expected to reach an estimated $3.1 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing demand for this steel in manufacturing and construction industries and rise in infrastructure development projects worldwide.

Lucintel forecasts that molybdenum is expected to witness the highest growth over the forecast period due to its excellent wear resistance, high-temperature strength and hardness.

Within this market, automotive is expected to witness the highest growth due to rising demand for high speed steel from this industry for production of automotive components.

North America is expected to witness highest growth over the forecast period due to substantial economic growth, increased government investments in high-speed steel, and presence of key players in the region.

Emerging Trends in the High Speed Steel Market

The high-speed steel industry is currently going through a number of transformative trends that have significantly altered its landscape. These movements are fueled by technological advancements and changing consumer tastes, all aimed at improving performance, sustainability, and cost-effectiveness.

  • Advanced Alloy Compositions: The use of tungsten, molybdenum and cobalt has been increased in innovations involving alloying elements used to produce HSS. This allows for higher level of hardness, wear resistance increases as well as more thermal stability so that tools designed will live longer becoming more efficient at their high-speed operations.
  • Powder Metallurgy: The adoption rate of powder metallurgical processes has been increasing making it possible to produce ultra-fine-grained HSS with high density. It offers exceptional mechanical properties such as uniformity thus leading to improved quality cutting tools with better service life-span.
  • Eco-friendly Production: Attention has shifted towards sustainable development within the firms producing HSS around the world. Attempts made entail energy saving activities such as emissions reduction while recycling HSSE scrap metal gets expanded from time to time which reduces ecological footprint associated with manufacturing these products aligning well with global principles of sustainability.
  • Advanced Coating Technologies: The performance of HSS tools is being enhanced by means of advanced coating technologies such as physical vapor deposition (PVD) and chemical vapor deposition (CVD). These coatings offer improved heat, wear and corrosion resistance thus prolonging the life span of tools and enhancing the cutting efficiency.
  • Digital Integration: HSS design and manufacturing is being revolutionized through digital integration which includes artificial intelligence (AI) and machine learning among others. The precision control over production processes supported by these technologies optimize properties ensuring consistent quality that enhances performance leading to reduced costs.

These are some significant changes that are taking place in the HSS industry aimed at enhancing performance, reducing environmental impact and increasing efficiency. Advanced technology focus together with ecological economic approach can determine new levels for high speed steel use.

Recent Developments in the High Speed Steel Market

High-speed steels have undergone significant advancements lately due to innovations in material sciences, specific requirements as well as various manufacturing processes used in their fabrication. These developments involve composite modifications, progress in production techniques, eco-friendly trends towards sustainability; all explicitly intended to enhance the capability, competency and green footprint of HSS for diverse industrial uses.

  • Enhanced Alloy Compositions: The hardness and wear resistance of new HSS grades has been improved through employment of more complex alloys composition including higher contents of tungsten or molybdenum. These materials allow for higher tool speeds at increased temperatures making it last long while improving cutting efficiency.
  • Powder Metallurgy Innovations: There have been advances made in powder metallurgical methods to create high-density high-speed steel having improved mechanical properties. This procedure results into uniform microstructure alongside superior performance that makes a device more reliable and efficient under heavy duty loads.
  • Eco-Friendly Production Methods: An aspiration towards sustainable ways of producing high speed steel is increasingly becoming more popular. This encompasses energy efficient manufacturing techniques, lesser emissions as well as greater recycling of HSS scrap. The aim is to minimize the environmental impact caused by HSS manufacturing.
  • Advanced Coating Technologies: PVD and CVD are few of the advanced coating methods that can be employed on high speed steel (HSS) that enhance their performance characteristics. Hence, such coatings have been developed in a way that they exhibit better resistance against heat, wear and corrosion that result in prolonged tool life and improved cutting ability.
  • Digital Manufacturing Techniques: The integration of digital technologies like Artificial Intelligence (AI) and Machine Learning allow for optimizing designs and processes of High Speed Steel (HSS). They ensure precise control over material properties as well as production processes resulting into superior quality cost effective products made from HSS.

These developments are driving HSS evolution towards increased efficiency, durability, and sustainability thereby meeting various industries' rising demands for it.

Strategic Growth Opportunities for High Speed Steel Market

The high-speed steel market is developing with some strategic growth opportunities emerging across key applications. These include evolving technology platforms alongside increasing demand of high-performance tools in many industrial segments.

  • Aerospace Industry: The aerospace industry represents the most important segment where growth prospects for HSS are huge due to requirements for high performance cutting tools capable of withstanding extreme conditions. Innovations in HSS grades along with coatings improve precision and toughness of aerospace manufacturing equipment which leads to its demand increase in this industry sector.
  • Automotive Manufacturing: The automotive companies' move towards adoption of advanced materials and manufacturing approaches promotes opportunities for usage of HSS. Manufacture using complex components necessitates high-quality cutting tools; therefore, this field is one of the main drivers where manufacturers can grow their businesses on the basis of supplying such devices.
  • Energy Sector: The extraction of oil and gas or renewable energy in the energy industry requires strong HSS-drills and tools to machine hard materials. Modernizations in High-Speed Steels (HSS) can meet these requirements by improving tool life and performance under severe operating conditions.
  • Medical Device Production: The high-growth medical device segment is an opportunity for HSS due to the need for precision cutting tools used in producing complex components. This production process that utilizes HSS with improved properties and coatings ensures that medical devices are enhanced for better quality, reliability and performance.
  • Tooling for Additive Manufacturing: Rapidly growing additive manufacturing (AM), also known as 3D printing, raises a demand for HSS machining that can handle multifaceted metal component construction. New development of advanced High Speed Steels (HSS) grades has opened avenues for adoption of this technology.

These growth opportunities highlight the expanding applications of HSS across various industries, driven by advancements in technology and increasing demand for high-performance tools.

High Speed Steel Market Driver and Challenges

The high-speed steel (HSS) industry is influenced by various drivers and challenges, which include technological innovations, economic factors, and regulatory considerations. Understanding these factors is crucial for navigating the market and capitalizing on opportunities.

The factors responsible for driving the high speed steel market include:

1. Technological Advancements: Advances in alloy composition and manufacturing processes are driving improvements in higher performance forms of HSS including improvements in tool life cycle efficiency, hence rising demand from multiple industries.

2. Growing Industrial Applications: Demand for reliable tools has been increasing across several industries including automotive sector, aerospace industry as well as energy industry; thus driving the HSS market growth rate. These sectors require durable and superior performing instruments; therefore creating an upswing in new varieties of high speed steels.

3. Focus on Sustainability: Sustainable manufacturing practices encompass sustainable energy use as well as recycling are among others. Therefore, the utility of HSS products is becoming more attractive to environmentally conscious customers in line with eco-friendly production methods that are increasingly gaining popularity.

4. Rising Investment in R&D: Continuous research and development (R&D) investments into HSS technology lead to new grades and applications. This investment ensures good competitive positioning to satisfy changing industrial requirements.

5. Demand for Precision Tools: The increasing complexity of industrial processes and components necessitates the use of high-precision tools. Consequently, high speed steels have been undergoing significant advancements so as to cater for such an upsurge in demand from precision manufacturing sectors like tooling and molding among others.

Challenges in the high speed steel market are:

1. High Production Costs: Producing high-quality HSS is a costly affair due raw material costs well as advanced manufacturing techniques used. These costs may affect both pricing decisions and competitiveness in the market.

2. Supply Chain Disruptions: Global supply chain issues, including raw material shortages and transportation delays, can affect the availability and cost of HSS. These disruptions can lead to production delays and increased costs.

3. Environmental Regulations: Environmental laws with stringent rules can be very challenging for producers of these materials. Indeed, adherence to these laws requires capital injection towards cleaner technologies leading to higher operating costs especially because of tougher discharge limits imposed by some facilities.

Overall, the drivers acting on the HSS industry along with its challenges continue shaping it at present time. Technological breakthroughs and market requirements are calling for innovation and progress.

List of High Speed Steel Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high speed steel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high speed steel companies profiled in this report include-

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG

High Speed Steel by Segment

The study includes a forecast for the global high speed steel by type, production method, grade, end use, and region.

High Speed Steel Market by Type [Analysis by Value from 2018 to 2030]:

  • Tungsten High Speed Steel
  • Molybdenum High Speed Steel
  • Cobalt High Speed Steel
  • Others

High Speed Steel Market by Production Method [Analysis by Value from 2018 to 2030]:

  • Conventional High Speed Steel
  • Powder Metallurgy (PM) High Speed Steel
  • Spray Forming (SF) High Speed Steel

High Speed Steel Market by Grade [Analysis by Value from 2018 to 2030]:

  • M Grade
  • T Grade
  • Advance Grade

High Speed Steel Market by End Use [Analysis by Value from 2018 to 2030]:

  • Automotive
  • Manufacturing
  • Aerospace
  • Mechanical Engineering
  • Construction
  • Others

High Speed Steel Market by Region [Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the High Speed Steel Market

Manufacturing uses high speed steel (HSS) because it does not lose hardness even at very high temperatures. Advanced features in the area of performance and flexibility have been developed globally. The United States, China, Germany, India and Japan are at the forefront of innovation with their unique contributions that shape the future of HSS. As a result, these developments aim to improve productivity needs, tools' lifespan as well as an overall performance under extreme environments. Below is a summary of the latest information coming from each country.

  • United States: The US has made great strides in improving alloy compositions for better HSS wear resistance and toughness. In order to achieve better results, researchers and manufacturers are concentrating on making advanced carbides more used in heat treatment processes. Furthermore, there has been increased focus on environmentally-friendly production techniques such as recycling HSS scrap and reducing energy consumed during manufacture.
  • China: By investing significantly in new technologies and processes, China is moving ahead in high-quality HSS production. Essential progressions include improving the HSS by means of modern powder metallurgical techniques and application of vanadium-rich alloys to it is widerest extent possible. Such innovations will increase cutting efficiency while prolonging tool life-span. Chinese companies also extend research on coatings for HSS enhancing its temperature stability and abrasive wear resistance.
  • Germany: German work on HSS hones in on microstructural refinements for superior mechanical properties of steels. Utilization of sophisticated simulation tools and highly accurate manufacturing methods lead to improved cutting performance and longer life service for HSSEs produced this way. Additionally, prominent German players employ digital technologies to improve quality control measures as well as optimize their production process within this sector.
  • India: Cost-effective HSSE manufacturing coupled with good quality standards remains India's major concern over here. Recent development activities embraced introduction of enhanced machining oil which cut down import dependency as well as scaling up local manufacturing capacities; the nation thus boosted its competitiveness through creating unique grades of these materials targeting automotive and aerospace industries.
  • Japan: Japan still keeps the flag flying in respect to HSS innovation grounded on enhancing stability above all other things as well as rigidity. Japanese researchers are working on new alloying elements and heat treatment techniques aiming at improvement of tool life and performance. Moreover, there is a drive for adopting artificial intelligence (AI) and machine learning in designing and manufacturing processes to optimize HSS properties as well as performance.

Features of the Global High Speed Steel Market

Market Size Estimates: High speed steel market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: High speed steel market size by various segments, such as by type, production method, grade, end use, and region in terms of value ($B).

Regional Analysis: High speed steel market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, production methods, grades, end uses, and regions for the high speed steel market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high speed steel market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

FAQ

Q1. What is the high speed steel market size?

Answer: The global high speed steel market is expected to reach an estimated $3.1 billion by 2030.

Q2. What is the growth forecast for high speed steel market?

Answer: The global high speed steel market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the high speed steel market?

Answer: The major drivers for this market are increasing demand for this steel in manufacturing and construction industries and rise in infrastructure development projects worldwide.

Q4. What are the major segments for high speed steel market?

Answer: The future of the high speed steel market looks promising with opportunities in the automotive, manufacturing, aerospace, mechanical engineering, and construction markets.

Q5. Who are the key high speed steel market companies?

Answer: Some of the key high speed steel companies are as follows:

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG

Q6. Which high speed steel market segment will be the largest in future?

Answer: Lucintel forecasts that molybdenum is expected to witness the highest growth over the forecast period due to its excellent wear resistance, high-temperature strength and hardness.

Q7. In high speed steel market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to substantial economic growth, increased government investments in high-speed steel, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the high speed steel market by type (tungsten high speed steel, molybdenum high speed steel, cobalt high speed steel, and others), production method (conventional high speed steel, powder metallurgy (PM) high speed steel, and spray forming (SF) high speed steel), grade (M grade, T grade, and advance grade), end use (automotive, manufacturing, aerospace, mechanical engineering, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
  • Market Report

Table of Contents

1. Executive Summary

2. Global High Speed Steel Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

  • 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
  • 3.2. Global High Speed Steel Market Trends (2018-2023) and Forecast (2024-2030)
  • 3.3: Global High Speed Steel Market by Type
    • 3.3.1: Tungsten High Speed Steel
    • 3.3.2: Molybdenum High Speed Steel
    • 3.3.3: Cobalt High Speed Steel
    • 3.3.4: Others
  • 3.4: Global High Speed Steel Market by Production Method
    • 3.4.1: Conventional High Speed Steel
    • 3.4.2: Powder Metallurgy (PM) High Speed Steel
    • 3.4.3: Spray Forming (SF) High Speed Steel
  • 3.5: Global High Speed Steel Market by Grade
    • 3.5.1: M Grade
    • 3.5.2: T Grade
    • 3.5.3: Advance Grade
  • 3.6: Global High Speed Steel Market by End Use
    • 3.6.1: Automotive
    • 3.6.2: Manufacturing
    • 3.6.3: Aerospace
    • 3.6.4: Mechanical Engineering
    • 3.6.5: Construction
    • 3.6.6: Others

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

  • 4.1: Global High Speed Steel Market by Region
  • 4.2: North American High Speed Steel Market
    • 4.2.1: North American High Speed Steel Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.2.2: North American High Speed Steel Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.3: European High Speed Steel Market
    • 4.3.1: European High Speed Steel Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.3.2: European High Speed Steel Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.4: APAC High Speed Steel Market
    • 4.4.1: APAC High Speed Steel Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.4.2: APAC High Speed Steel Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.5: ROW High Speed Steel Market
    • 4.5.1: ROW High Speed Steel Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.5.2: ROW High Speed Steel Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global High Speed Steel Market by Type
    • 6.1.2: Growth Opportunities for the Global High Speed Steel Market by Production Method
    • 6.1.3: Growth Opportunities for the Global High Speed Steel Market by Grade
    • 6.1.4: Growth Opportunities for the Global High Speed Steel Market by End Use
    • 6.1.5: Growth Opportunities for the Global High Speed Steel Market by Region
  • 6.2: Emerging Trends in the Global High Speed Steel Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global High Speed Steel Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global High Speed Steel Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: ArcelorMittal
  • 7.2: Amada
  • 7.3: Sandvik
  • 7.4: NIPPON KOSHUHA STEEL
  • 7.5: RUKO
  • 7.6: Kyocera
  • 7.7: Walter
  • 7.8: Kennametal
  • 7.9: Proterial
  • 7.10: OSG