Cutting Equipment Market by Equipment Type (Manual, Mechanized), Technology (Carbon Arc, Laser, Oxy Fuel), End-User - Global Forecast 2024-2030

Cutting Equipment Market by Equipment Type (Manual, Mechanized), Technology (Carbon Arc, Laser, Oxy Fuel), End-User - Global Forecast 2024-2030


The Cutting Equipment Market size was estimated at USD 4.74 billion in 2023 and expected to reach USD 4.96 billion in 2024, at a CAGR 4.73% to reach USD 6.56 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cutting Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cutting Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cutting Equipment Market, highlighting leading vendors and their innovative profiles. These include DAIHEN Corporation, Enovis Corporation, Fronius International GmbH, GCE Group by ESAB Corporation, Genstar Technologies Company, ICS Cutting Tools, Inc., Illinois Tool Works Inc., Koike Aronson, Inc., Linde PLC, L’AIR LIQUIDE S.A., Matheson Tri-Gas, Inc., Messer Cutting Systems GmbH, OTTO BAIER GmbH, The Lincoln Electric Company, and V.V.MINERAL PVT LTD.

Market Segmentation & Coverage


This research report categorizes the Cutting Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:

Equipment Type
Manual
Mechanized
Technology
Carbon Arc
Laser
Oxy Fuel
Plasma
Waterjet
End-User
Automotive & Transportation
Construction
Heavy Equipment Fabrication
Shipbuilding & Offshore
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cutting Equipment Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cutting Equipment Market?
3. What are the technology trends and regulatory frameworks in the Cutting Equipment Market?
4. What is the market share of the leading vendors in the Cutting Equipment Market?
5. Which modes and strategic moves are suitable for entering the Cutting Equipment Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Cutting Equipment Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rise in the demand for mechanized cutting equipment in fabrication
5.1.1.2. Government investments in industry automation
5.1.1.3. Growing need for power tools for household
5.1.2. Restraints
5.1.2.1. High initial investment requirements
5.1.3. Opportunities
5.1.3.1. Growing popularity of computer numerical control machines
5.1.3.2. Technological advancement in cutting equipment
5.1.4. Challenges
5.1.4.1. Possible early failure of cutting edges
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Cutting Equipment Market, by Equipment Type
6.1. Introduction
6.2. Manual
6.3. Mechanized
7. Cutting Equipment Market, by Technology
7.1. Introduction
7.2. Carbon Arc
7.3. Laser
7.4. Oxy Fuel
7.5. Plasma
7.6. Waterjet
8. Cutting Equipment Market, by End-User
8.1. Introduction
8.2. Automotive & Transportation
8.3. Construction
8.4. Heavy Equipment Fabrication
8.5. Shipbuilding & Offshore
9. Americas Cutting Equipment Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Cutting Equipment Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Cutting Equipment Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. DAIHEN Corporation
13.1.2. Enovis Corporation
13.1.3. Fronius International GmbH
13.1.4. GCE Group by ESAB Corporation
13.1.5. Genstar Technologies Company
13.1.6. ICS Cutting Tools, Inc.
13.1.7. Illinois Tool Works Inc.
13.1.8. Koike Aronson, Inc.
13.1.9. Linde PLC
13.1.10. L’AIR LIQUIDE S.A.
13.1.11. Matheson Tri-Gas, Inc.
13.1.12. Messer Cutting Systems GmbH
13.1.13. OTTO BAIER GmbH
13.1.14. The Lincoln Electric Company
13.1.15. V.V.MINERAL PVT LTD
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. CUTTING EQUIPMENT MARKET RESEARCH PROCESS
FIGURE 2. CUTTING EQUIPMENT MARKET SIZE, 2023 VS 2030
FIGURE 3. CUTTING EQUIPMENT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CUTTING EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CUTTING EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CUTTING EQUIPMENT MARKET DYNAMICS
FIGURE 7. CUTTING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2023 VS 2030 (%)
FIGURE 8. CUTTING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CUTTING EQUIPMENT MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. CUTTING EQUIPMENT MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. CUTTING EQUIPMENT MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. CUTTING EQUIPMENT MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS CUTTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS CUTTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES CUTTING EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES CUTTING EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC CUTTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC CUTTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA CUTTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA CUTTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. CUTTING EQUIPMENT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. CUTTING EQUIPMENT MARKET SHARE, BY KEY PLAYER, 2023

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