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There are xx employees in the Cutting Tool & Machine Tool Accessory Manufacturing industry in the US, which is expected to grow at xx% over the next five years. This industry manufactures accessories and attachments for cutting tools, such as small knives and drilling bits. It also manufactures accessories for machine tools like mechanical clampers. Manufacturers may also provide custom fabrication and repair work on a contract basis.
Curious about what drives these trends? IBISWorld's Cutting Tool & Machine Tool Accessory Manufacturing in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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There is 22,813 people employed in the Cutting Tool & Machine Tool Accessory Manufacturing in the US as of 2026.
The number of people employed in the Cutting Tool & Machine Tool Accessory Manufacturing in the US grew 0.5% on average over the five years between 2021 and 2026.
See our full analysis of the Cutting Tool & Machine Tool Accessory Manufacturing in the US to understand if the industry employment is expected to grow or decline over the next five years.
The average Cutting Tool & Machine Tool Accessory Manufacturing in the US business is 24.0 employees.
The average business in the Cutting Tool & Machine Tool Accessory Manufacturing in the US now employs more workers than it did five years ago.
The revenue per employee for the average business in the Cutting Tool & Machine Tool Accessory Manufacturing in the US has increased in the last five years.