CNC routers need bits, and these bits determine the carving type, resolution, and material. While CNC machines have opened all kinds of creative possibilities, the magic lies in the bit. It determines whether you will end up with a perfect or okay design. Plus, it also makes the difference between cutting down on waste or increasing material costs significantly.
This report contains market size and forecasts of CNC Router Bits in global, including the following market information:
Global CNC Router Bits Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global CNC Router Bits Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five CNC Router Bits companies in 2021 (%)
The global CNC Router Bits market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Upcut Spiral Router Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of CNC Router Bits include Bosch, Amana Tool, CNC Router Bits, CMT, Avid CNC, Kanefusa, Sistemi Klein, Dimar Cutting Tools and Freud Tools and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the CNC Router Bits manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global CNC Router Bits Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNC Router Bits Market Segment Percentages, by Type, 2021 (%)
Upcut Spiral Router
Compression Spiral
Downcut Spiral Router
Global CNC Router Bits Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNC Router Bits Market Segment Percentages, by Application, 2021 (%)
Woodworking Industry
Stone working Industry
Metal Field
Other
Global CNC Router Bits Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNC Router Bits Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies CNC Router Bits revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies CNC Router Bits revenues share in global market, 2021 (%)
Key companies CNC Router Bits sales in global market, 2017-2022 (Estimated), (K Units)
Key companies CNC Router Bits sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Amana Tool
CNC Router Bits
CMT
Avid CNC
Kanefusa
Sistemi Klein
Dimar Cutting Tools
Freud Tools
Stanley Black and Decker