Global Plasma Cutting Torches Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Plasma Cutting Torches Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Plasma cutting torches usually use a copper nozzle to constrict the gas stream with the arc flowing through it. That arc jumps from an electrode in the torch to something else – usually the conductive material being cut. That’s a ‘transferred arc’. There are some systems that use a ‘non-transferred’ arc where it jumps from the electrode back to the nozzle, but those are not usually used for cutting. So that means that plasma cutting is only used for materials that are conductive, primarily mild steel, stainless steel, and aluminum. But lots of other metals and alloys are conductive too, such as copper, brass, titanium, monel, inconel, cast iron, etc. The problem is that the melting temperature of some of those metals makes them difficult to cut with a good quality edge.

According to our (Global Info Research) latest study, the global Plasma Cutting Torches market size was valued at US$ 228 million in 2023 and is forecast to a readjusted size of USD 311 million by 2030 with a CAGR of 4.6% during review period.

According to the Segmentation of types, all the market of Plasma Cutting Torches can be divided as follows: The first main kind is Low Frequency it hold a comparatively larger share in global market, which accounts for about 64% in 2019.Another main kind is High Frequency, High Frequency share the rest about 36% market share in 2019.

From the view of region, North America have a larger market share in 2019 which account for nearly 32%. Europe and Asia-Pacific hold a market share of about 28% and about 31%.

The world leading players in the Plasma Cutting Torches market are Colfax Corporation(ESAB), Abicor Binzel, Lincoln Electric, IKA, Hypertherm, Inc., ITW(Miller) and so on. These Top 5 companies currently account for more than 49% of the total market share.

This report is a detailed and comprehensive analysis for global Plasma Cutting Torches market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Plasma Cutting Torches market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Plasma Cutting Torches market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Plasma Cutting Torches market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Plasma Cutting Torches market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Plasma Cutting Torches

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Plasma Cutting Torches market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Colfax Corporation, Abicor Binzel, Lincoln Electric, Hypertherm, Inc., ITW(Miller), Voestalpine Böhler Welding, Trafimet Group, EWM, Sumig, Migatronic, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Plasma Cutting Torches market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
High Frequency Cutting Torches
Low Frequency Cutting Torches

Market segment by Application
Aerospace
Automotive
Metal Fabrication
Shipbuilding

Major players covered
Colfax Corporation
Abicor Binzel
Lincoln Electric
Hypertherm, Inc.
ITW(Miller)
Voestalpine Böhler Welding
Trafimet Group
EWM
Sumig
Migatronic
Parker Torchology
Tecmo
Shanghai Innotec
OTC DAIHEN
Changzhou Huarui
Jinan North Welding
Autogen-Ritter
Translas
Changzhou Long Welding
Termmei Torch & Tip
Specialised Welding Products (SWP)
Black Wolf (Changzhou Golden Globe)
Jiangyin Xinlian Welding Equipment

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 Plasma Cutting Torches product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Plasma Cutting Torches, with price, sales quantity, revenue, and global market share of Plasma Cutting Torches from 2019 to 2024.

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

Chapter 4, the Plasma Cutting Torches breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

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 2019 to 2024.and Plasma Cutting Torches market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Plasma Cutting Torches.

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