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CCMT Insert- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Industry: Machinery & Equipment
Published Date: 2026-01-09
Pages: 130 Pages
Report ld: 5623715
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The global market for CCMT Insert was estimated to be worth US$ million in 2025 and is projected to reach US$ million, growing at a CAGR of %from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on CCMT Insert cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
CCMT Insert is a type of cutting insert commonly used in metalworking operations. It is designed to be mounted on a tool holder and used for turning, milling, or other machining processes. CCMT inserts typically have a specific shape and geometry that allows for efficient cutting and good surface finish.
The North American market for CCMT Insert was valued at US$ million in 2025 and is projected to reach US$ million by 2032, at a CAGR of % from 2026 to 2032.
The Asia-Pacific market for CCMT Insert was valued at $ million in 2025 and is projected to climb to US$ million by 2032, at a CAGR of % from 2026 to 2032.
The European market for CCMT Insert was valued at $ million in 2025 and is projected to total US$ million by 2032, at a CAGR of % from 2026 to 2032.
The global key companies in the CCMT Insert market include Wayleading Tools, Wodenco, Estool, WeDo Tool, Kennametal, Shars Tool, CS Cutoutil Hardware Tools, Hunan Speed Carbide Tools, ZCC·CT, Xi’an Winway Tool, etc. In 2025, the five largest players accounted for approximately % of revenue.
This report provides a comprehensive view of the global market for CCMT Insert, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The CCMT Insert market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding CCMT Insert.
MARKET SEGMENTATION
By Company
- Wayleading Tools
- Wodenco
- Estool
- WeDo Tool
- Kennametal
- Shars Tool
- CS Cutoutil Hardware Tools
- Hunan Speed Carbide Tools
- ZCC·CT
- Xi’an Winway Tool
- Zhuzhou Huarui Precision Cutting Tools
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Square Triangle
- Square
- Others
Segment by Application
- Industrial
- Automotive
- Electronics and Semiconductors
- Others
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the CCMT Insert manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents CCMT Insert sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents CCMT Insert sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Market Overview
1.1 CCMT Insert Product Introduction
1.2 Global CCMT Insert Market Size Forecast
1.2.1 Global CCMT Insert Sales Value (2021–2032)
1.2.2 Global CCMT Insert Sales Volume (2021–2032)
1.2.3 Global CCMT Insert Sales Price (2021–2032)
1.3 CCMT Insert Market Trends & Drivers
1.3.1 CCMT Insert Industry Trends
1.3.2 CCMT Insert Market Drivers & Opportunities
1.3.3 CCMT Insert Market Challenges
1.3.4 CCMT Insert Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global CCMT Insert Players Revenue Ranking (2025)
2.2 Global CCMT Insert Revenue by Company (2021–2026)
2.3 Global CCMT Insert Sales Volume Ranking of Players (2025)
2.4 Global CCMT Insert Sales Volume by Company (2021–2026)
2.5 Global CCMT Insert Average Price by Company (2021–2026)
2.6 Key Manufacturers CCMT Insert Manufacturing Base and Headquarters
2.7 Key Manufacturers CCMT Insert Product Offerings
2.8 Key Manufacturers Start of Mass Production of CCMT Insert
2.9 CCMT Insert Market Competitive Analysis
2.9.1 CCMT Insert Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by CCMT Insert Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on CCMT Insert revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation CCMT Insert Market Classification
3.1 Introduction by Type
3.1.1 Square Triangle
3.1.2 Square
3.1.3 Others
3.1.4 Global CCMT Insert Sales Value by Type
3.1.4.1 Global CCMT Insert Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global CCMT Insert Sales Value, by Type (2021–2032)
3.1.4.3 Global CCMT Insert Sales Value, by Type (%), 2021–2032
3.1.5 Global CCMT Insert Sales Volume by Type
3.1.5.1 Global CCMT Insert Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global CCMT Insert Sales Volume, by Type (2021–2032)
3.1.5.3 Global CCMT Insert Sales Volume, by Type (%), 2021–2032
3.1.6 Global CCMT Insert Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial
4.1.2 Automotive
4.1.3 Electronics and Semiconductors
4.1.4 Others
4.2 Global CCMT Insert Sales Value by Application
4.2.1 Global CCMT Insert Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global CCMT Insert Sales Value, by Application (2021–2032)
4.2.3 Global CCMT Insert Sales Value, by Application (%), 2021–2032
4.3 Global CCMT Insert Sales Volume by Application
4.3.1 Global CCMT Insert Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global CCMT Insert Sales Volume, by Application (2021–2032)
4.3.3 Global CCMT Insert Sales Volume, by Application (%), 2021–2032
4.4 Global CCMT Insert Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global CCMT Insert Sales Value by Region
5.1.1 Global CCMT Insert Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global CCMT Insert Sales Value by Region (2021–2026)
5.1.3 Global CCMT Insert Sales Value by Region (2027–2032)
5.1.4 Global CCMT Insert Sales Value by Region (%), 2021–2032
5.2 Global CCMT Insert Sales Volume by Region
5.2.1 Global CCMT Insert Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global CCMT Insert Sales Volume by Region (2021–2026)
5.2.3 Global CCMT Insert Sales Volume by Region (2027–2032)
5.2.4 Global CCMT Insert Sales Volume by Region (%), 2021–2032
5.3 Global CCMT Insert Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America CCMT Insert Sales Value, 2021–2032
5.4.2 North America CCMT Insert Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe CCMT Insert Sales Value, 2021–2032
5.5.2 Europe CCMT Insert Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific CCMT Insert Sales Value, 2021–2032
5.6.2 Asia Pacific CCMT Insert Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America CCMT Insert Sales Value, 2021–2032
5.7.2 South America CCMT Insert Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa CCMT Insert Sales Value, 2021–2032
5.8.2 Middle East & Africa CCMT Insert Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions CCMT Insert Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions CCMT Insert Sales Value and Sales Volume
6.2.1 Key Countries/Regions CCMT Insert Sales Value, 2021–2032
6.2.2 Key Countries/Regions CCMT Insert Sales Volume, 2021–2032
6.3 United States
6.3.1 United States CCMT Insert Sales Value, 2021–2032
6.3.2 United States CCMT Insert Sales Value by Type (%), 2025 vs 2032
6.3.3 United States CCMT Insert Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe CCMT Insert Sales Value, 2021–2032
6.4.2 Europe CCMT Insert Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe CCMT Insert Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China CCMT Insert Sales Value, 2021–2032
6.5.2 China CCMT Insert Sales Value by Type (%), 2025 vs 2032
6.5.3 China CCMT Insert Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan CCMT Insert Sales Value, 2021–2032
6.6.2 Japan CCMT Insert Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan CCMT Insert Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea CCMT Insert Sales Value, 2021–2032
6.7.2 South Korea CCMT Insert Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea CCMT Insert Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia CCMT Insert Sales Value, 2021–2032
6.8.2 Southeast Asia CCMT Insert Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia CCMT Insert Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India CCMT Insert Sales Value, 2021–2032
6.9.2 India CCMT Insert Sales Value by Type (%), 2025 vs 2032
6.9.3 India CCMT Insert Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Wayleading Tools
7.1.1 Wayleading Tools Company Information
7.1.2 Wayleading Tools Introduction and Business Overview
7.1.3 Wayleading Tools CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Wayleading Tools CCMT Insert Product Offerings
7.1.5 Wayleading Tools Recent Developments
7.2 Wodenco
7.2.1 Wodenco Company Information
7.2.2 Wodenco Introduction and Business Overview
7.2.3 Wodenco CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Wodenco CCMT Insert Product Offerings
7.2.5 Wodenco Recent Developments
7.3 Estool
7.3.1 Estool Company Information
7.3.2 Estool Introduction and Business Overview
7.3.3 Estool CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Estool CCMT Insert Product Offerings
7.3.5 Estool Recent Developments
7.4 WeDo Tool
7.4.1 WeDo Tool Company Information
7.4.2 WeDo Tool Introduction and Business Overview
7.4.3 WeDo Tool CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 WeDo Tool CCMT Insert Product Offerings
7.4.5 WeDo Tool Recent Developments
7.5 Kennametal
7.5.1 Kennametal Company Information
7.5.2 Kennametal Introduction and Business Overview
7.5.3 Kennametal CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Kennametal CCMT Insert Product Offerings
7.5.5 Kennametal Recent Developments
7.6 Shars Tool
7.6.1 Shars Tool Company Information
7.6.2 Shars Tool Introduction and Business Overview
7.6.3 Shars Tool CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Shars Tool CCMT Insert Product Offerings
7.6.5 Shars Tool Recent Developments
7.7 CS Cutoutil Hardware Tools
7.7.1 CS Cutoutil Hardware Tools Company Information
7.7.2 CS Cutoutil Hardware Tools Introduction and Business Overview
7.7.3 CS Cutoutil Hardware Tools CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 CS Cutoutil Hardware Tools CCMT Insert Product Offerings
7.7.5 CS Cutoutil Hardware Tools Recent Developments
7.8 Hunan Speed Carbide Tools
7.8.1 Hunan Speed Carbide Tools Company Information
7.8.2 Hunan Speed Carbide Tools Introduction and Business Overview
7.8.3 Hunan Speed Carbide Tools CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Hunan Speed Carbide Tools CCMT Insert Product Offerings
7.8.5 Hunan Speed Carbide Tools Recent Developments
7.9 ZCC·CT
7.9.1 ZCC·CT Company Information
7.9.2 ZCC·CT Introduction and Business Overview
7.9.3 ZCC·CT CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 ZCC·CT CCMT Insert Product Offerings
7.9.5 ZCC·CT Recent Developments
7.10 Xi’an Winway Tool
7.10.1 Xi’an Winway Tool Company Information
7.10.2 Xi’an Winway Tool Introduction and Business Overview
7.10.3 Xi’an Winway Tool CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Xi’an Winway Tool CCMT Insert Product Offerings
7.10.5 Xi’an Winway Tool Recent Developments
7.11 Zhuzhou Huarui Precision Cutting Tools
7.11.1 Zhuzhou Huarui Precision Cutting Tools Company Information
7.11.2 Zhuzhou Huarui Precision Cutting Tools Introduction and Business Overview
7.11.3 Zhuzhou Huarui Precision Cutting Tools CCMT Insert Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 Zhuzhou Huarui Precision Cutting Tools CCMT Insert Product Offerings
7.11.5 Zhuzhou Huarui Precision Cutting Tools Recent Developments
8 Industry Chain Analysis
8.1 CCMT Insert Industrial Chain
8.2 CCMT Insert Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 CCMT Insert Sales Model
8.5.2 Sales Channels
8.5.3 CCMT Insert Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. CCMT Insert Market Trends
Table 2. CCMT Insert Market Drivers & Opportunities
Table 3. CCMT Insert Market Challenges
Table 4. CCMT Insert Market Restraints
List of Figures
Figure 1. CCMT Insert Product Picture
Figure 2. Global CCMT Insert Sales Value, 2021 vs 2025 vs 2032 (US$ Million)
Figure 3. Global CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 4. Global CCMT Insert Sales Volume (K Units), 2021–2032
Figure 5. Global CCMT Insert Sales Price (US$/Unit), 2021–2032
Figure 6. CCMT Insert Report Years Considered
Figure 7. Global CCMT Insert Players Revenue Ranking (US$ Million), 2025
Figure 8. Global CCMT Insert Sales Volume Ranking of Players (K Units), 2025
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by CCMT Insert Revenue in 2025
Figure 10. CCMT Insert Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
Figure 11. Square Triangle Picture
Figure 12. Square Picture
Figure 13. Others Picture
Figure 14. Global CCMT Insert Sales Value by Type (US$ Million), 2021 vs 2025 vs 2032
Figure 15. Global CCMT Insert Sales Value Market Share by Type, 2025 & 2032
Figure 16. Global CCMT Insert Sales Volume by Type (K Units), 2021 vs 2025 vs 2032
Figure 17. Global CCMT Insert Sales Volume Market Share by Type, 2025 & 2032
Figure 18. Global CCMT Insert Price by Type (US$/Unit), 2021–2032
Figure 19. Product Picture of Industrial
Figure 20. Product Picture of Automotive
Figure 21. Product Picture of Electronics and Semiconductors
Figure 22. Product Picture of Others
Figure 23. Global CCMT Insert Sales Value by Application (US$ Million), 2021 vs 2025 vs 2032
Figure 24. Global CCMT Insert Sales Value Market Share by Application, 2025 & 2032
Figure 25. Global CCMT Insert Sales Volume by Application (K Units), 2021 vs 2025 vs 2032
Figure 26. Global CCMT Insert Sales Volume Market Share by Application, 2025 & 2032
Figure 27. Global CCMT Insert Price by Application (US$/Unit), 2021–2032
Figure 28. North America CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 29. North America CCMT Insert Sales Value by Country (%), 2025 vs 2032
Figure 30. Europe CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 31. Europe CCMT Insert Sales Value by Country (%), 2025 vs 2032
Figure 32. Asia Pacific CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 33. Asia Pacific CCMT Insert Sales Value by Region (%), 2025 vs 2032
Figure 34. South America CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 35. South America CCMT Insert Sales Value by Country (%), 2025 vs 2032
Figure 36. Middle East & Africa CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 37. Middle East & Africa CCMT Insert Sales Value by Country (%), 2025 vs 2032
Figure 38. Key Countries/Regions CCMT Insert Sales Value (%), 2021–2032
Figure 39. Key Countries/Regions CCMT Insert Sales Volume (%), 2021–2032
Figure 40. United States CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 41. United States CCMT Insert Sales Value by Type (%), 2025 vs 2032
Figure 42. United States CCMT Insert Sales Value by Application (%), 2025 vs 2032
Figure 43. Europe CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 44. Europe CCMT Insert Sales Value by Type (%), 2025 vs 2032
Figure 45. Europe CCMT Insert Sales Value by Application (%), 2025 vs 2032
Figure 46. China CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 47. China CCMT Insert Sales Value by Type (%), 2025 vs 2032
Figure 48. China CCMT Insert Sales Value by Application (%), 2025 vs 2032
Figure 49. Japan CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 50. Japan CCMT Insert Sales Value by Type (%), 2025 vs 2032
Figure 51. Japan CCMT Insert Sales Value by Application (%), 2025 vs 2032
Figure 52. South Korea CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 53. South Korea CCMT Insert Sales Value by Type (%), 2025 vs 2032
Figure 54. South Korea CCMT Insert Sales Value by Application (%), 2025 vs 2032
Figure 55. Southeast Asia CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 56. Southeast Asia CCMT Insert Sales Value by Type (%), 2025 vs 2032
Figure 57. Southeast Asia CCMT Insert Sales Value by Application (%), 2025 vs 2032
Figure 58. India CCMT Insert Sales Value (US$ Million), 2021–2032
Figure 59. India CCMT Insert Sales Value by Type (%), 2025 vs 2032
Figure 60. India CCMT Insert Sales Value by Application (%), 2025 vs 2032
Figure 61. CCMT Insert Industrial Chain
Figure 62. CCMT Insert Manufacturing Cost Structure
Figure 63. Channels of Distribution (Direct Sales, and Distribution)
Figure 64. Bottom-up and Top-down Approaches for This Report
Figure 65. Data Triangulation
Figure 66. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
Which companies rank high in the global CCMT Insert market?
The top companies in the global CCMT Insert market are Wayleading Tools、Wodenco、Estool.
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The global market for CCMT Insert was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
Published: 2025-03-10
Pages: 120
USD 3950.00 (Single User License)Global CCMT Insert Market Research Report 2025
The global market for CCMT Insert was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Published: 2025-03-10
Pages: 101
USD 2900.00 (Single User License)Global CCMT Insert Market Insights, Forecast to 2030
CCMT Insert is a type of cutting insert commonly used in metalworking operations. It is designed to be mounted on a tool holder and used for turning, milling, or other machining processes. CCMT inserts typically have a specific shape and geometry that allows for efficient cutting and good surface finish.
Published: 2024-09-14
Pages: 166
USD 4900.00 (Single User License)CCMT Insert- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
CCMT Insert is a type of cutting insert commonly used in metalworking operations. It is designed to be mounted on a tool holder and used for turning, milling, or other machining processes. CCMT inserts typically have a specific shape and geometry that allows for efficient cutting and good surface finish.
Published: 2024-09-14
Pages: 116
USD 3950.00 (Single User License)Global and United States CCMT Insert Market Report & Forecast 2024-2030
CCMT Insert is a type of cutting insert commonly used in metalworking operations. It is designed to be mounted on a tool holder and used for turning, milling, or other machining processes. CCMT inserts typically have a specific shape and geometry that allows for efficient cutting and good surface finish.
Published: 2024-09-14
Pages: 132
USD 4350.00 (Single User License)
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