高速鋼市場規模、佔有率、成長分析（按等級、應用、工業終端用戶和地區）- 產業預測（2025-2032）

預計 2023 年全球高速鋼市場價值將達到 31 億美元，並從 2024 年的 33.2 億美元成長到 2032 年的 57 億美元，預測期內（2025-2032 年）的複合年成長率為 7.0%。

全球高速鋼 (HSS) 市場正在經歷顯著成長，這得益於汽車、航太、工業製造和金屬加工等關鍵產業需求的不斷成長。 HSS 卓越的硬度和耐熱性使其成為鑽頭和銑刀等切削工具的理想選擇。精密工程和數控加工製程的快速擴張推動了對能夠承受高速加工和熱應力的高性能材料的需求。粉末冶金和合金配方的創新提高了 HSS 的韌性和切削效率，使其在成本敏感市場中比硬質合金替代品更具優勢。在本地生產和先進加工投資的支持下，汽車產業，尤其是新興地區的汽車產業，對需求做出了重大貢獻。亞太地區仍然是關鍵地區，而北美和歐洲由於自動化程度的提高和換刀週期的縮短也呈現穩定成長。

目錄

介紹

• 調查目標
• 調查範圍
• 定義

調查方法

• 資訊收集
• 二次資料和一次資料方法
• 市場規模預測
• 市場假設與約束

執行摘要

• 全球市場展望
• 供需趨勢分析
• 細分機會分析

市場動態與展望

• 市場概覽
• 市場規模
• 市場動態
  • 促進因素和機會
  • 限制與挑戰
• 波特的分析

關鍵市場考察

• 關鍵成功因素
• 競爭程度
• 關鍵投資機會
• 市場生態系統
• 市場吸引力指數（2024年）
• PESTEL分析
• 總體經濟指標
• 價值鏈分析
• 定價分析
• 技術分析
• 案例研究
• 顧客購買行為分析

高速鋼市場規模（依等級分類）及複合年成長率（2025-2032）

• 市場概覽
• 鉬
• 鎢
• 鈷
• 釩

高速鋼市場規模：依應用與複合年成長率（2025-2032）

• 市場概覽
• 切削工具
• 採礦和施工機械
• 汽車零件
• 航太和國防
• 醫療設備

高速鋼市場規模（依產業最終用戶分類）及複合年成長率（2025-2032）

• 市場概覽
• 車
• 建造
• 製造業
• 機械設備製造業
• 礦業

高速鋼市場規模：依地區及複合年成長率（2025-2032）

• 北美洲
  • 美國
  • 加拿大
• 歐洲
  • 德國
  • 西班牙
  • 法國
  • 英國
  • 義大利
  • 其他歐洲國家地區
• 亞太地區
  • 中國
  • 印度
  • 日本
  • 韓國
  • 其他亞太地區
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲地區
• 中東和非洲
  • 海灣合作理事會國家
  • 南非
  • 其他中東和非洲地區

競爭資訊

• 前五大公司對比
• 主要企業市場定位（2024年）
• 主要市場參與者所採取的策略
• 近期市場趨勢
• 公司市場佔有率分析（2024年）
• 主要企業簡介
  • 公司詳情
  • 產品系列分析
  • 按部門分類的公司佔有率分析
  • 收益同比對比（2022-2024 年）

主要企業簡介

• Voestalpine High Performance Metals GmbH（Austria）
• Hitachi Metals Ltd.（Japan）
• Nachi-Fujikoshi Corp.（Japan）
• Sandvik AB（Sweden）
• Daido Steel Co., Ltd.（Japan）
• Kennametal Inc.（USA）
• Tiangong International Co., Ltd.（China）
• Heye Special Steel Co., Ltd.（China）
• Carpenter Technology Corporation（USA）
• Bohler-Uddeholm Corporation（Austria）
• EdgeForge Materials（USA）
• CutProMetals GmbH（Germany）

結論和建議

Global High Speed Steel Market size was valued at USD 3.1 billion in 2023 and is poised to grow from USD 3.32 billion in 2024 to USD 5.7 billion by 2032, growing at a CAGR of 7.0% during the forecast period (2025-2032).

The global high-speed steel (HSS) market is experiencing notable growth fueled by increasing demand from key sectors such as automotive, aerospace, industrial manufacturing, and metalworking. HSS's superior hardness and heat resistance make it ideal for cutting tools, including drills and milling cutters. The surge in precision engineering and CNC machining processes is elevating the need for high-performance materials able to endure high-speed operations and thermal stress. Innovations in powder metallurgy and alloy formulations are enhancing the toughness and cutting efficiency of HSS, positioning it favorably against carbide alternatives in cost-sensitive markets. The automotive industry, especially in emerging regions, is a significant contributor to demand, supported by investments in localized production and advanced machining. Asia-Pacific remains the leading region, while North America and Europe see stable growth driven by automation and increased tool replacement cycles.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global High Speed Steel market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global High Speed Steel Market Segments Analysis

Global High Speed Steel Market is segmented by Grade, Application, Industrial End User and region. Based on Grade, the market is segmented into Molybdenum, Tungsten, Cobalt and Vanadium. Based on Application, the market is segmented into Cutting Tools, Mining and Construction Equipment, Automotive Components, Aerospace and Defense and Medical Devices. Based on Industrial End User, the market is segmented into Automotive, Construction, Fabrication, Machinery and Equipment Manufacturing and Mining. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global High Speed Steel Market

The global high-speed steel market is significantly propelled by the increasing demand from various sectors, including automotive, aerospace, industrial tooling, and general manufacturing. High-speed steel is widely utilized in the production of cutting tools such as drills, taps, milling cutters, saw blades, and gear tools due to its outstanding properties, including exceptional hardness, thermal resistance, and durability under high temperatures. The growth in high-precision cutting, die cutting, and component manufacturing, particularly for automotive powertrains, aircraft engines, and heavy machinery, is leading to sustained consumption of HSS tools. Additionally, the rise of metalworking and CNC machine shops in developing regions is further driving the need for efficient, durable cutting materials like high-speed steel.

Restraints in the Global High Speed Steel Market

The Global High Speed Steel (HSS) market is encountering significant challenges due to increasing competition from alternative cutting materials such as cemented carbide, ceramics, and cermets, which offer superior wear resistance and cutting efficiency for specific applications. In high-speed, precision machining sectors, particularly in electronics and aerospace, carbide tools are often preferred due to their enhanced tool life and productivity, despite their higher production costs. This shift in demand is particularly evident in advanced markets, where the adoption of HSS tools in mass machining processes is being curtailed, impacting the overall growth and application of HSS tools in these regions.

Market Trends of the Global High Speed Steel Market

The Global High-Speed Steel (HSS) market is witnessing a significant trend towards sustainability and cost efficiency, driven by a growing emphasis on circular economy models. Manufacturers are increasingly focusing on the regrindability of HSS tools, promoting their longevity through multi-life regrinding and recoating management systems. This shift is particularly pronounced in Europe and North America, where the demand for efficient machining solutions for medium to large batch sizes is rising. As industries prioritize eco-friendly practices, the implementation of these regrinding technologies not only extends the lifecycle of HSS tools but also aligns with broader sustainability goals and cost-saving measures.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Analysis
• Case Studies
• Customer Buying Behavior Analysis

Global High Speed Steel Market Size by Grade & CAGR (2025-2032)

• Market Overview
• Molybdenum
• Tungsten
• Cobalt
• Vanadium

Global High Speed Steel Market Size by Application & CAGR (2025-2032)

• Market Overview
• Cutting Tools
• Mining and Construction Equipment
• Automotive Components
• Aerospace and Defense
• Medical Devices

Global High Speed Steel Market Size by Industrial End User & CAGR (2025-2032)

• Market Overview
• Automotive
• Construction
• Fabrication
• Machinery and Equipment Manufacturing
• Mining

Global High Speed Steel Market Size & CAGR (2025-2032)

• North America (Grade, Application, Industrial End User)
  • US
  • Canada
• Europe (Grade, Application, Industrial End User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Grade, Application, Industrial End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Grade, Application, Industrial End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Grade, Application, Industrial End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Voestalpine High Performance Metals GmbH (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi Metals Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nachi-Fujikoshi Corp. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sandvik AB (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Daido Steel Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kennametal Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tiangong International Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Heye Special Steel Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Carpenter Technology Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bohler-Uddeholm Corporation (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• EdgeForge Materials (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CutProMetals GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations