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There are xx businesses in the Cutting Tool & Machine Tool Accessory Manufacturing industry in the US, which is expected to decline 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 951 Cutting Tool & Machine Tool Accessory Manufacturing in the US businesses as of 2026, an decrease of -0.3% from 2025.
The number of Cutting Tool & Machine Tool Accessory Manufacturing in the US businesses has declined -1.4% per year 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 mumber of bussinesses is expected to grow or decline over the next five years.
The Cutting Tool & Machine Tool Accessory Manufacturing in the US has low market share concentration and the largest business is Sandvik AB.