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Manufacturing and Construction industry

Global Cutting Equipment Market Size Share Forecast 2024




 
In terms of volume the global cutting equipment market was valued over 3,400 thousand units in 2016 end and is estimated to reach nearly 4,900 thousand units by 2025, exhibiting a CAGR of 3.93% from 2017 to 2025.
Market Dynamics
Introduction of automation in production or manufacturing is driving the market for cutting equipment. Development of end-user industries including construction, automotive, general metal fabrication and others, are highly in need of robots as cutting equipment due to shortage of skilled labor and also it consumes less time for operation and provides precise cut product, which in turn will reduce the overall cost of production. Additionally, a growing need for facilities such as repair and maintenance along with uninterrupted power and energy supply will contribute towards the market growth.
The mechanized cutting equipment segment is expected to be the fastest-growing segment in the global cutting equipment market, for the next eight years. The key development drivers for the mechanized cutting equipment segment are the manufacturing industry and the steel industry whereas the steel industry plays an important role as per steel is required in the construction industry, production, and the manufacturing industry.
In terms of technology, the plasma cutting segment is estimated to grow at a CAGR of 6.91% over the forecast period because of increased adoption of automation for better quality, consistency and less time requirement for production.
Market Taxonomy
This report segments the market for Cutting Equipment on the basis of equipment type, end-user industry, technology and region. By Equipment Type, the market is segmented as Manual, Mechanized. By Technology Type the market is segregated into five types Carbon arc cutting, Laser Cutting, Oxy-fuel cutting, Plasma cutting and Water jet cutting. End-User industries includes Automotive, Construction, Industrial, Shipbuilding & Offshore, and Others. By Region the market is divided as North America; Europe; Asia-Pacific; Latin America; and Middle East and Africa.
Key features of the study:

This report provides an in-depth analysis of cutting equipment market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global cutting equipment market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
Key companies covered as a part of this study include Robert Bosch GmbH (Germany), Stanley Black & Decker, Inc. (U.S.), Makita Power Tools India Pvt. Ltd. (India), ICS Cutting Tools, Inc. (U.S.), Hitachi Koki Co., Ltd. (Japan), J.C. Bamford Excavators Limited  (U.K.), Klein Tools, Inc. (U.S.), Snap on (U.S.), Otto Baier GmbH (Germany) and Hilti Corporation (Liechtenstein).
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
The global cutting equipment market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the cutting equipment market.

Detail Cutting Equipment Market Segmentation:

Global Cutting Equipment Market, By Equipment Type:

Manual
Mechanized

Global Cutting Equipment Market, By Technology:

Carbon arc cutting
Laser Cutting
Oxy-fuel cutting
Plasma cutting
Waterjet cutting

Global Cutting Equipment Market, By End Use:

Automotive
Construction
General metal fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others

Global Cutting Equipment Market, By Geography:

North America

By Equipment Type:

Manual
Mechanized


By Technology:

Carbon arc cutting
Laser Cutting
Oxy-fuel cutting
Plasma cutting
Waterjet cutting


By End-User Industry:

Automotive
Construction
General metal fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others


US
Canada


Europe

By Equipment Type:

Manual
Mechanized


By Technology:

Carbon arc cutting
Laser Cutting
Oxy-fuel cutting
Plasma cutting
Waterjet cutting


By End-User Industry:

Automotive
Construction
General metal fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others


Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe


Asia Pacific

By Equipment Type:

Manual
Mechanized


By Technology:

Carbon arc cutting
Laser Cutting
Oxy-fuel cutting
Plasma cutting
Waterjet cutting


By End-User Industry:

Automotive
Construction
General metal fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others


China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific


Latin America

By Equipment Type:

Manual
Mechanized


By Technology:

Carbon arc cutting
Laser Cutting
Oxy-fuel cutting
Plasma cutting
Waterjet cutting


By End-User Industry:

Automotive
Construction
General metal fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others


Brazil
Mexico
Rest of Latin America


Middle East & Africa

By Equipment Type:

Manual
Mechanized


By Technology:

Carbon arc cutting
Laser Cutting
Oxy-fuel cutting
Plasma cutting
Waterjet cutting


By End-User Industry:

Automotive
Construction
General metal fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others


GCC
Israel
Rest of Middle East & Africa



Company Profiles

Robert Bosch GmbH *

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans


Stanley Black & Decker, Inc.
Makita Power Tools India Pvt. Ltd.
ICS Cutting Tools, Inc.
Hitachi Koki Co., Ltd.
J.C. Bamford Excavators Limited
Klein Tools, Inc.
Snap on
Otto Baier GmbH
Hilti Corporation


Available Customizations

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*Browse all the market data tables and figures on "Global Cutting Equipment Market - Global forecast to 2025”.
Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet, By Equipment Type
? Market Snippet By Technology
? Market Snippet By End-User Industry
? Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers
? Restraints
? Market Opportunities
? Regulatory Scenario
? Industry Trend
? PEST Analysis
? Merger and Acquisitions
? New Product Approvals/Launch
? Promotion and Marketing Initiatives
4. Global Cutting Equipment Market Analysis, By Equipment Type, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o Manual
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Mechanized
? Introduction
? Market Size and Future Potential, 2015 - 2025
5. Global Cutting Equipment Market, By Technology, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o Carbon arc cutting
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Laser cutting
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Oxy-fuel cutting
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Plasma cutting
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Water jet cutting
? Introduction
? Market Size and Future Potential, 2015 - 2025
6. Global Cutting Equipment Market, By End Users, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o Automotive
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Construction
? Introduction
? Market Size and Future Potential, 2015 - 2025
o General metal fabrication
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Heavy equipment fabrication
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Shipbuilding & offshore
? Introduction
? Market Size and Future Potential, 2015 - 2025
o Others
? Introduction
? Market Size and Future Potential, 2015 - 2025
7. Global Cutting Equipment Market, By Regions, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, By Region, 2015 and 2025 (%)
o North America
? Regional Trends
? Market Size and Forecast, By Equipment Type, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By Technology, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By End-Use Industry, 2015 - 2025 (US$ Million)
? By Country
? U.S.
? Canada
o Europe
? Regional Trends
? Market Size and Forecast, By Equipment Type, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By Technology, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By End-Use Industry, 2015 - 2025 (US$ Million)
? By Country
? Germany
? U.K.
? France
? Italy
? Spain
? Rest of Europe
o Asia Pacific
? Regional Trends
? Market Size and Forecast, By Equipment Type, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By Technology, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By End-Use Industry, 2015 - 2025 (US$ Million)
? By Country
? China
? India
? Japan
? Australia
? South Korea
? ASEAN
? Rest of Asia Pacific
o Latin America
? Regional Trends
? Market Size and Forecast, By Equipment Type, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By Technology, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By End-Use Industry, 2015 - 2025 (US$ Million)
? By Country
? Brazil
? Mexico
? Rest of Latin America
o Africa
o Regional Trends
? Market Size and Forecast, By Equipment Type, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By Technology, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By End-Use Industry, 2015 - 2025 (US$ Million)
? By Country
? South Africa
? Central Africa
? Northern Africa
o Middle East & Africa
? Regional Trends
? Market Size and Forecast, By Equipment Type, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By Technologies, 2015 - 2025 (US$ Million)
? Market Size and Forecast, By End-Use Industry, 2015 - 2025 (US$ Million)
? By Country
? GCC Countries
? Israel
? Rest Of Middle East & Africa
8. Company Profiles
? Robert Bosch GmbH *
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Stanley Black & Decker, Inc.
? Makita Power Tools India Pvt. Ltd.
? ICS Cutting Tools, Inc.
? Hitachi Koki Co., Ltd.
? J.C. Bamford Excavators Limited
? Klein Tools, Inc.
? Snap on
? Otto Baier GmbH
? Hilti Corporation
o Analyst Views
9. Section
o References
o Research Methodology
o About us and Sales Contact
o Available Customizations
? Global Industrial Fans and Blowers Market
? Global Mobile Engine Fabrication Market
? Global Power Tools Market
*Browse all the market data tables and figures on "Global Cutting Equipment Market - Global forecast to 2025".

 



Frequently Asked Questions

The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Thousands Units).
Market is segmented by Types, Applications, Technology, End-use Industries, and Regions.
The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER’s analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment related decisions.
Custom research is crucial components of the business strategy which helps any organization to gain insight into specific business sector, aligned with specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

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