Boring Tools Market Size Projected to Reach US$ 5.19 Billion by 2032, Driven by Precision Engineering Needs | Research by SNS Insider [Yahoo! Finance]
Kennametal Inc. (KMT)
Last kennametal inc. earnings: 2/3 04:01 pm
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Source: Yahoo! Finance
Pune, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Boring Tools Market Size & Growth Analysis: “According to SNS Insider Research, The Boring Tools Market Size was valued at US$ 3.39 Billion in 2023 and is expected to reach US$ 5.19 Billion by 2032, growing at a CAGR of 4.73% over the forecast period from 2024 to 2032.” Transforming the Boring Tools Market: Innovations Driven by Modern Manufacturing Technologies The Boring Tools Market is experiencing a change due to the rising use of modern manufacturing technologies. The increased use of Tunnel Boring Machines (TBMs) has led to quicker excavation speeds and notably reduced project durations. The increase in demand driven by the recovery of the oil and gas sector has led to a 20% rise in global investments in exploration and production last year, resulting in a concentration on drilling technologies and advanced boring tools. Furthermore, technological progress has resulted in the creation of TBMs fitted with advanced monitoring systems
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KMT
News
- Kennametal Inc. (NYSE: KMT) had its price target raised by analysts at Loop Capital from $24.00 to $26.00. They now have a "hold" rating on the stock.MarketBeat
- Kennametal Named Among Top of Caterpillar Inc's 2024 Indirect SuppliersPR Newswire
- Kennametal to Attend UBS Global Industrials and Transportation ConferencePR Newswire
- Kennametal's Q1 Earnings Surpass Estimates, Revenues Decline Y/Y [Yahoo! Finance]Yahoo! Finance
- Kennametal (NYSE:KMT) Will Pay A Dividend Of $0.20 [Yahoo! Finance]Yahoo! Finance
KMT
Earnings
- 11/6/24 - Beat
KMT
Sec Filings
- 11/13/24 - Form SCHEDULE
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- KMT's page on the SEC website