Please help with a few questions

[Robin Hewitt]

Is this your homework?

[machinestarter]

I apologize.

If you could answer even one of those, I would be really grateful.


Thank you again

[magicniner]

I have a Nine9 inserted engraving/V-carving cutter, I didn't buy something from one of the top 3 because they don't make an equivalent.

"3. The carbide metal cutting tools is considered highly fragmented"

Either "The carbide metal cutting tools are considered highly fragmented" which as a product sintered from powder in a metallic binder I suppose they technically are or you've missed out a word when copying from your assignment ;-)

If the question should have been "The carbide metal cutting tools market is considered highly fragmented" then the answer is that industry in general by it's very nature is fragmented, Industry is some Bean-Counting ass's term for a myriad of businesses of a huge range of sizes doing a huge range of different things, either the question setter is an ass and doesn't understand this or it's a trick question! :-0

"What are the approximate (rough estimate) market shares of each of the categories"

At this point, without background for your request and without having done your course so far this counts as taking the mick.

I've given you one good answer though ;-)

- Nick

[Neale]

Have you seen this?

Or is that where your initial question came from?

It would also be really polite to say why you are asking these questions. At the moment, it almost sounds like someone in the business doing some undercover research work, and I'm sure you're not doing that.

[machinestarter]

Have you seen this?

Or is that where your initial question came from?

It would also be really polite to say why you are asking these questions. At the moment, it almost sounds like someone in the business doing some undercover research work, and I'm sure you're not doing that.

I actually haven't seen that survey, and I thank you for sharing it with me.

Like I said in my previous reply, I am not in this industry at the moment.
I am looking to get into it with a unique high tech business venture, and this is why I need help understanding the basics.

For starters I really want to understand, how and why exactly this market is so fragmented, and get a somewhat accurate scope of the market's segments.

[Robin Hewitt]

Here is mostly the hobby end which has a problem with innovation and has became stuck in the mud.
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Last time I looked...
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Stepper motors were all 200 steps/rev
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There was no clear distinction between milling machines and wood routers.
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Everybody was using antiquated MACH3 software that required a computer running Windows XP all to itself.
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If you could come up with a tool bit that could chew through steel at enormous revs and feeds without benefit of flood coolant and without requiring much side support from above despite it's 6" shank... you would have a winner.
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At the other end of the spectrum engineers will chose tooling by whatever has worked for them in the past.
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When they have a problem first they will try resharpening old faithful more often while they will cast about for a miracle cure, hoping technology has moved on enough to save them.

[magicniner]

Who'd have thought it?
Mach3 bashing shoehorned into an answer ;-)
Nice!

[machinestarter]

Thank you so much.

I did mean that the cutting tools market is fragmented.

To my understanding the top 3 don't do engraving inserts, thats why you don't use them.

How can I get some idea of all the possible type of jobs and workpiece sizes? I know there is milling, turning, threading, parting, grooving, hole making, engraving what else?

My background for this research, is that I am trying to create a unique hi tech business venture in the field of cutting tools.
I am coming from the computing industry and I think that cutting tools present interesting opportunities.