Knurling Tool Accessories Market
The market for Knurling Tool Accessories was estimated at $339 million in 2024; it is anticipated to increase to $506 million by 2030, with projections indicating growth to around $706 million by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Knurling Tool Accessories Market Outlook
Revenue, 2024
$339M
Forecast, 2034
$660M
CAGR, 2025 - 2034
6.9%
The Knurling Tool Accessories industry revenue is expected to be around $362.5 million in 2025 and expected to showcase growth with 6.9% CAGR between 2025 and 2034. The strong expansion of the Knurl Tool Accessories industry showcases its growing importance driven by factors like advancements in technology and the rising need in machinery sectors, for precise machining processes. Focused on improving quality and operational efficiency in manufacturing operations these accessories remain crucial in manufacturing processes amidst a constantly evolving market landscape.
Knurling tool attachments are known for their strength and accuracy well as their ability to be used in various ways - qualities that are fueling a rise in popularity for these tools among industries requiring textured and non slip surfaces such as metalworking firms and those in the automotive and aerospace sectors along with other fields relying heavily on machinery technology advancements like automation are also playing a role, in boosting their demand even more.
Market Key Insights
- The Knurling Tool Accessories market is projected to grow from $339.1 million in 2024 to $661 million in 2034. This represents a CAGR of 6.9%, reflecting rising demand across Industrial Machinery Manufacturing, Automotive Industry and Aerospace & Defense.
- Dorian Tool International, Jones & Shipman, DT Technologies are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Knurling Tool Accessories market and are expected to observe the growth CAGR of 4.5% to 6.6% between 2024 and 2030.
- Emerging markets including Vietnam, Indonesia and UAE are expected to observe highest growth with CAGR ranging between 7.9% to 9.5%.
- Transition like Increased Automation has greater influence in U.S. and Germany market's value chain; and is expected to add $19 million of additional value to Knurling Tool Accessories industry revenue by 2030.
- The Knurling Tool Accessories market is set to add $322 million between 2024 and 2034, with manufacturer targeting Automotive & Construction Tools Applications projected to gain a larger market share.
- With Increasing metalwork operations, and Advancements in manufacturing technology, Knurling Tool Accessories market to expand 95% between 2024 and 2034.
Opportunities in the Knurling Tool Accessories
Emerging markets experiencing industrial expansion present a promising opportunity for the market of Knurl Tool Accessories to flourish further in the Asia Pacific region with countries like India and China poised for growth in this sector due, to their booming manufacturing industries.
Growth Opportunities in North America and Europe
In the North American market, the demand for Knurling Tool Accessories has seen a steady increase, propelled largely due to the regions robust industrial sector and its consistent embracement of advanced manufacturing technologies. With material industries such as automotive, aerospace, and heavy machinery production leading growth, the region holds substantial opportunities for Knurling Tool Accessories. Highly technological advanced industries in this region find great utility in using Knurling Tool Accessories for intricate design and detailed manufacturing. Market competition in this region is fierce with several leading manufacturers such as Knurl-Craft and CuttersTool among others. The rising need for customization in material fabrication and an emphasis on product quality are key drivers promoting the adoption of Knurling Tool Accessories in North America.
The European market, known for strict design and quality regulations in manufacturing industries, is another crucial region for Knurling Tool Accessories. Core industries, particularly automotive, medical equipment manufacturing, and aerospace are the main demand centers for these accessories. Prominent players like RigidTools and EuroKnurl dominate the European market, making the competitive landscape diverse and mature. Notably, Europe's advanced industrial automation trend is a dominant driving force accelerating the utilization of Knurling Tool Accessories. Moreover, significant R&D investments from the European Union to stimulate innovation in the industry further incentivize the markets upward trajectory.
Market Dynamics and Supply Chain
01
Driver: Increasing Metalwork Operations, and Growth in Automotive and Aerospace Industries
The latest market observations show an increase in metalworking activities globally that require top notch knurl tool attachments to streamline manufacturing processes with accuracy and efficiency in mind. There is also a rise in the demand for intricate finishes and sturdy materials for design purposes where knurl tools excel at delivering exceptional results. Moreover improvements, in knurl tool add ons like wheels, grips and holders contribute to enhancing the overall performance and longevity of the tools ultimately driving market expansion. Both the automotive and aerospace industries follow stringent quality norms in component creation. The demand for durable, reliable, and technically advanced knurling tool accessories is also escalated by the precision-driven manufacturing mandate of these sectors. Therefore, advancements and growth in these sectors represent a significant market for knurling tool accessories.
The manufacturing industry is also quickly embracing cutting edge technology to enhance production efficiency. With the incorporation of Computer Numerical Control machines into the production process and the essential role of knurling tool accessories in achieving outcomes the demand, for top notch and precise knurling tool accessories continues to rise significantly in the market.
02
Restraint: High Production Costs
Manufacturing Knurling Tool Accessories involves production expenses that may hinder market expansion efforts. To ensure durability and effectiveness of these tools technologies and top notch materials are needed which in turn drive up production costs. As a result of this increased cost of production gets passed down to customers making the accessories relatively pricey for buyers leading to a decrease in overall market demand. This noteworthy increase, in production expenses greatly influences the market dynamics.
03
Opportunity: Technological Advancements in Knurling Tool Accessories and Strategic Collaborations and Alliances
The evolving world of technology presents a notable market prospect in advancing and enhancing Knurl Tool Accessories with the latest technological developments like automation and IoT alongside AI innovations that are revolutionizing multiple sectors. Incorporating these advancements could improve the effectiveness and productivity of Knurl Tool Accessories while attracting a clientele and meeting the increasing demand for cutting edge tools, in different manufacturing fields.
In the manufacturing and DIY tool sector lies another market opportunity through strategic partnerships, with key industry players. These collaborations aim to facilitate the creation and delivery of Knurl Tool Accessories of top notch quality that cater to diverse customer requirements and broaden market outreach.
04
Challenge: Technological Challenges
Secondly, the development and use of Knurling Tool Accessories are not only devoid of technological challenges. As technological advancement rapidly evolves, manufacturers face the pressure to innovatively upgrade their products continuously to keep up with the competition. The need for continuous R&D can often hinder market growth, as it necessitates further investment. Similarly, the specific technical know-how required in producing these accessories may be deficient in some regions, thereby limiting market development in such areas.
Supply Chain Landscape
1
Raw Material Acquisition
United Metal Materials Co. LtdAdvanced Metallurgical Group N.V
2
Production & Assembly
General Turning Tools Inc.Manchester Tool Company
3
Distribution & Delivery
McMaster-Carr Supply Co.MSC Industrial Supply Co
4
End User
Automotive IndustryAerospace IndustryManufacturing Sector
1
Raw Material Acquisition
United Metal Materials Co. LtdAdvanced Metallurgical Group N.V
2
Production & Assembly
General Turning Tools Inc.Manchester Tool Company
3
Distribution & Delivery
McMaster-Carr Supply Co.MSC Industrial Supply Co
4
End User
Automotive IndustryAerospace IndustryManufacturing Sector
Use Cases of Knurling Tool Accessories in Industrial Machinery Manufacturing & Automotive Industry
Industrial Machinery Manufacturing : The industrial machinery manufacturers are key consumers of knurling tool accessories. Here, Swivel head knurling tools are usually preferred due to the versatile rolling action that aids in producing accurate and uniform diamond, straight or diagonal knurls on various metal surfaces. This sector relies on manufacturers like KnurlCraft and Eagle Rock, known for their high-quality accessories and wide range of product offerings to suit different industrial requirements.
Automotive Industry : In the automotive industry, knurling tool accessories are extensively employed in the production of parts like gear shift knobs, hand brakes, and radiator caps. Quick-change knurling tools are sought after in this industry due to their ability to provide quality knurling patterns swiftly. Top players such as Eagle Rock and Form Roll cater to these requirements by offering high-performance accessories that improve productivity and quality standards.
Aerospace & Defense : Precise knurling operations are a necessity in the aerospace and defense sectors. Here, the use of precision knurling tool accessories is widespread in producing intricate components. Adjustable knurling tools dominate in this region for their efficient adaptability to the knurling process. Leading suppliers, such as HSS and Kendall, deliver superior quality knurling tool accessories that ensure accurate and durable finishes, helping to uphold the stringent manufacturing standards of these industries.
Recent Developments
In recent years, the global market for Knurling Tool Accessories has experienced significant shifts propelled by advancements in technology and shifts in industrial needs. The constant upgradation in manufacturing technologies is one such factor driving the market. With the ever-increasing emphasis on precise, best-quality product outputs, manufacturers are turning towards more efficient Knurling Tool Accessories.
December 2024 : Knurling tool manufacturing giant, Becker Tools, announced its merger with leading accessory brand KnightPro to optimize production and market penetration in the knurling tool accessories market
October 2024 : Tech-Tronics, a well-known name in manufacturing precision-based tools, launched a new line of advanced knurling tool accessories to enhance durability and precision for users
August 2024 : Austenitetools, a leading provider in the domain of knurling and cutting tools, introduced eco-friendly knurling tool accessories made from 100% recycled material, marking a significant shift towards sustainability within the industry.
Impact of Industry Transitions on the Knurling Tool Accessories Market
As a core segment of the Production Tools & Equipment industry,
the Knurling Tool Accessories market develops in line with broader industry shifts.
Over recent years, transitions such as Increased Automation and Green Manufacturing have redefined priorities
across the Production Tools & Equipment sector,
influencing how the Knurling Tool Accessories market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Increased Automation
Innovative technologies in manufacturing have environment fostered an era of increased automation in the production process. This shift has notably impacted the knurling tool accessories market. For instance, computer numerical control solutions have been deployed for knurling operations, thereby reducing manual intervention and increasing efficiency. With such automation, the market is witnessing enhanced precision and quality in products, fueling demand for techadvanced knurling tool accessories.
02
Green Manufacturing
The industry is transitioning towards environmentally sustainable manufacturing practices, which has a profound impact on the knurling tool accessories market. For example, the use of ecofriendly materials in the production of knurling tool accessories is on the rise. Manufacturers are focusing on designing accessories that reduce overall carbon footprint while ensuring highquality outcomes. These sustainable initiatives have heightened market attractiveness, influencing manufacturers to invest more in green technologies.