An annular cutter is form of core drill used to create holes in metal. An annular cutter, named after the annulus shape, cuts only a groove at the periphery of the hole and leaves a solid core or slug at the center.
According to this study, the Annular Cutters market was valued at US$ 118.46 million in 2021 and is projected to reach US$ 153.15 million by 2028, at a CAGR of 3.55% during the forecast period (22-28).
Globally, the Annular Cutters industry market is concentrated as the manufacturing technology of Annular Cutters is relatively matures than some high-tech equipment.