Global Handheld Plasma Cutters Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Handheld Plasma Cutters Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Handheld Plasma Cutters market size was valued at USD 909.2 million in 2022 and is forecast to a readjusted size of USD 1598.3 million by 2029 with a CAGR of 8.4% during review period.

Plasma cutters are a necessity in the manufacturing industry, from construction companies and auto shops to locksmiths. As technology has progressed, so has this instrument’s design and capability. Handheld plasma cutters are versatile and often portable, making welding jobs more convenient. They deliver high-cutting amperage but are typically used in light-metal applications for trimming excess material.

Global 5 largest manufacturers of Handheld Plasma Cutters are Hypertherm, Lincoln Electric, ESAB, ITW and GYS, which make up about 57%. Among them, Hypertherm is the leader with about 20% market share.

Asia Pacific is the largest market, with a share about 41%, followed by America and Europe, with the share about 31% and 26%. In terms of product type, 1-phase Power occupy the largest share of the total market, about 73%. And in terms of product application, the largest application is Automotive, followed by Industrial and General Fabrication.

The Global Info Research report includes an overview of the development of the Handheld Plasma Cutters industry chain, the market status of Automotive (1-phase Power, 3-phase Power), Industrial and General Fabrication (1-phase Power, 3-phase Power), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Handheld Plasma Cutters.

Regionally, the report analyzes the Handheld Plasma Cutters markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Handheld Plasma Cutters market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Handheld Plasma Cutters market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Handheld Plasma Cutters industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 1-phase Power, 3-phase Power).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Handheld Plasma Cutters market.

Regional Analysis: The report involves examining the Handheld Plasma Cutters market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Handheld Plasma Cutters market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Handheld Plasma Cutters:

Company Analysis: Report covers individual Handheld Plasma Cutters manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Handheld Plasma Cutters This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Industrial and General Fabrication).

Technology Analysis: Report covers specific technologies relevant to Handheld Plasma Cutters. It assesses the current state, advancements, and potential future developments in Handheld Plasma Cutters areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Handheld Plasma Cutters market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Handheld Plasma Cutters market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
1-phase Power
3-phase Power

Market segment by Application
Automotive
Industrial and General Fabrication
HVAC
Others

Major players covered
Hypertherm
Lincoln Electric
ESAB
ITW
GYS
Shanghai Greatway
Chengdu Huayuan
Shanghai Hugong
Helvi SpA
CEA
Gala Gar

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Handheld Plasma Cutters product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Handheld Plasma Cutters, with price, sales, revenue and global market share of Handheld Plasma Cutters from 2018 to 2023.

Chapter 3, the Handheld Plasma Cutters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Handheld Plasma Cutters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Handheld Plasma Cutters market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Handheld Plasma Cutters.

Chapter 14 and 15, to describe Handheld Plasma Cutters sales channel, distributors, customers, research findings and conclusion.