Major Group SIC 3545 - Cutting Tools, Machine Tool Accessori...

SIC 3545 - Cutting Tools, Machine Tool Accessories, And Machinists' Precision

SIC 35 - Industrial And Commercial Machinery And Computer Equipment
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 354 - Metalworking Machinery And Equipment
  SIC 351 - Engines And Turbines SIC 352 - Farm And Garden Machinery And Equipment SIC 353 - Construction, Mining, And Materials Handling SIC 354 - Metalworking Machinery And Equipment SIC 355 - Special Industry Machinery, Except Metalworking SIC 356 - General Industrial Machinery And Equipment SIC 357 - Computer And Office Equipment SIC 358 - Refrigeration And Service Industry Machinery SIC 359 - Miscellaneous Industrial And Commercial
  - SIC 3545 - Cutting Tools, Machine Tool Accessories, And Machinists' Precision
    SIC 3541 - Machine Tools, Metal Cutting Types SIC 3542 - Machine Tools, Metal Forming Types SIC 3543 - Industrial Patterns SIC 3544 - Special Dies And Tools, Die Sets, Jigs And Fixtures, And Industrial Mold SIC 3545 - Cutting Tools, Machine Tool Accessories, And Machinists' Precision SIC 3546 - Power-driven Handtools SIC 3547 - Rolling Mill Machinery And Equipment SIC 3548 - Electric And Gas Welding And Soldering Equipment SIC 3549 - Metalworking Machinery, Not Elsewhere Classified

Establishments primarily engaged in manufacturing cutting tools, machinists'precision measuring tools, and attachments and accessories for machine tools and for other metalworking machinery, not elsewhere classified. Establishments primarily engaged in manufacturing handtools, except power-driven types, are classified in Industry Group 342.

Industry trends:

In the NAICS 3545 industry, which encompasses cutting tools, machine tool accessories, and machinists' precision supplies, several qualitative trends are having a significant impact. One major trend is the ongoing adoption of advanced manufacturing technologies such as additive manufacturing (3D printing) and the integration of Internet of Things (IoT) capabilities. These technologies are driving greater precision and efficiency in machining processes, enabling manufacturers to produce complex geometries and customized components more cost-effectively.

Another notable trend is the increased focus on sustainability and resource efficiency. Companies are investing in eco-friendly materials and processes to reduce waste and energy consumption. Furthermore, the demand for automation and robotics in machining operations is rising, as businesses seek to enhance productivity, reduce labor costs, and improve safety.

Looking forward, the industry is expected to witness continued investment in smart manufacturing solutions, including AI-driven predictive maintenance and real-time data analytics. These advancements will likely streamline operations further and minimize downtime. The growing emphasis on precision engineering and the need for high-performance tools in aerospace, automotive, and medical sectors will drive demand for cutting-edge machining tools and accessories.

Overall, the integration of digital technologies and sustainability practices, coupled with advancements in material science, will shape the future landscape of the NAICS 3545 industry. Companies that stay ahead of these trends and invest in innovative solutions are poised to gain a competitive edge in the market.

This industry is comprised of:

Angle rings

Arbors (machine tool accessories)

Bits for use on lathes, planers, shapers, etc.

Blanks, cutting tool

Boring machine attachments (machine tool accessories)

Broaches (machine tool accessories)

Calipers and dividers

Cams (machine tool accessories)

Chasers (machine tool accessories)

Chucks: drill, lathe, and magnetic (machine tool accessories)

Clamps, machine tool

Collars (machine tool accessories)

Collets (machine tool accessories)

Comparators (machinists'precision tools)

Counterbores, metalworking

Countersinks and countersink drill combinations (machine tool

Cutters, milling

Cutting tools and bits for use on lathes, planers, shapers, etc.

Diamond cutting tools for turning, boring, burnishing, etc.

Diamond dressing and wheel crushing attachments

Dies, thread cutting

Dressers, abrasive wheel: diamond point and other

Drill bits, metalworking

Drill bushings (drilling jig)

Drilling machine attachments and accessories (machine tool

Drills (machine tool accessories)

Files, machine tool

Gauge blocks

Gauges, except optical (machine tool accessories)

Hobs

Honing heads

Hopper feed devices

Inserts cutting tool

Knives shear

Lathe attachments and cutting tools (machine tool accessories)

Letter pins (gauging and measuring)

Machine knives, metalworking

Machine tool attachments and accessories

Mandrels

Measuring tools and machines, machinists'metalworking type

Micrometers

Milling machine attachments (machine tool accessories)

Precision tools, machinists'

Pushers

Reamers, machine tool

Scales, measuring (machinists'precision tools)

Shaping tools (machine tool accessories)

Shear knives

Sockets (machine tool accessories)

Tables, rotary: indexing

Taps, machine tool

Threading toolholders

Threading tools (machine tool accessories)

Tips, cutting tool

Toolholders

Tools and accessories for machine tools

Verniers (machinists'precision tools)

Vises, machine (machine tool accessories)

Wheel turning equipment, diamond point and other (machine tool

Explore related industries:

SIC 3399 - Primary Metal Products, Not Elsewhere Classified SIC 3423 - Hand And Edge Tools, Except Machine Tools And Handsaws SIC 5072 - Hardware

SIC 3545 - Cutting Tools, Machine Tool Accessories, And Machinists' Precision

Industry trends:

This industry is comprised of:

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SIC 3545 - Cutting Tools, Machine Tool Accessories, And Machinists' Precision

Industry trends:

This industry is comprised of:

Explore related industries:

This report includes the ability to segment your Industry by:

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