Cutting Equipment Market Report, By Equipment Type (Manual, and Mechanized), By Technology Type (Carbon Arc Cutting, Laser Cutting, Oxy-fuel Cutting, Plasma Cutting, and Waterjet Cutting), By End-user Industries (Automotive, Construction, General Metal Fa

Cutting Equipment Market Report, By Equipment Type (Manual, and Mechanized), By Technology Type (Carbon Arc Cutting, Laser Cutting, Oxy-fuel Cutting, Plasma Cutting, and Waterjet Cutting), By End-user Industries (Automotive, Construction, General Metal Fabrication, Heavy Equipment Fabrication, Shipbuilding & Offshore, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The cutting equipment offers effective solutions for a wide range of underground mining and construction applications, which include rapid-entry roadway development, production settings without drilling and blasting, and boring of ore passes and ventilation shafts. Moreover, introduction of automation in production or manufacturing is driving growth of the cutting equipment market. Expansion of end-use industries such as construction, automotive, general metal fabrication, have increased the need of cutting equipment carried out by robots, due to shortage of skilled labor, less operation time, and precision of cutting products, which reduces the overall cost of production. Furthermore, a growing need for facilities such as repair & maintenance and uninterrupted power and energy supply are expected to drive the market growth.
Market Dynamics
The mechanized cutting equipment segment is expected to be the fastest-growing segment in the global cutting equipment market over the forecast period. The key development drivers for mechanized cutting equipment segment are manufacturing industry and the steel industry. The steel industry plays an important role, as it is required in the construction, and manufacturing industries. Moreover, in terms of technology, the plasma cutting segment is expected to witness significant growth over the forecast period (2022 - 2028), considering 2021 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 approvals, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global cutting equipment market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, cutting equipment market capital, key developments, strategies, and future plans
Companies covered as part of global cutting equipment market 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), Hilti Corporation (Liechtenstein), and others
Insights from this report will allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global cutting equipment market report caters to various stakeholders in this industry which include investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cutting equipment market
Detailed Segmentation:
Global Cutting Equipment Market, By Equipment Type:
Manual
Mechanized
Global Cutting Equipment Market, By Technology Type:
Carbon Arc Cutting
Laser Cutting
Oxy-fuel Cutting
Plasma Cutting
Waterjet Cutting
Global Cutting Equipment Market, By End-user Industries:
Automotive
Construction
General Metal Fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others
Global Cutting Equipment Market, By Region:
North America
By Equipment Type:
Manual
Mechanized
By Technology Type:
Carbon Arc Cutting
Laser Cutting
Oxy-fuel Cutting
Plasma Cutting
Waterjet Cutting
By End-use Industries:
Automotive
Construction
General Metal Fabrication
Heavy Equipment Fabrication
Shipbuilding & Offshore
Others
By Country:
U.S.
Canada
Europe
By Equipment Type:
Manual
Mechanized
By Technology Type:
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
By Country:
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
By Equipment Type:
Manual
Mechanized
By Technology Type:
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
By Country:
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
By Equipment Type:
Manual
Mechanized
By Technology Type:
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
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
By Equipment Type:
Manual
Mechanized
By Technology Type:
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
By Country/Region:
GCC Countries
Israel
Rest of Middle East
Africa
By Equipment Type:
Manual
Mechanized
By Technology Type:
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
By Country/Region:
North Africa
Central Africa
South Africa
Company Profiles
Robert Bosch GmbH *
Company Introduction
Key Developments
Financial Overview
Strategic Overview
Stanley Black & Decker, Inc.
Makita Power Tools India Pvt. Ltd.
ICS Cutting Tools, Inc.
Hitachi Koki Co., Ltd.
C. Bamford Excavators Limited
Klein Tools, Inc.
Snap on
Otto Baier GmbH
Hilti Corporation
Section
References
Research Methodology
About Us and Sales Contact
*Browse all the market data tables and figures on Global Cutting Equipment Market - Global forecast to 2027”.