Market Report Summary
Market – Cutting Equipment Market
Market Value – US$ 5.5 Bn in 2025
Market CAGR Value – 5.2% in 2017 to 2025
Market Forecast Year – 2017 to 2025
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Persistence Market Research delivers key insights on the global cutting equipment and consumable/accessory market in its latest report titled ‘Cutting Equipment Market: Global Industry Analysis (2012-2016) and Forecast (2017 – 2025)’. In this report, Persistence Market Research throws light on drivers and restraints likely to impact the market during the forecast period.
In the latest report by PMR on global cutting equipment market, the forecast has been revised until 2025. In 2017 was estimated to be US$ 3.6 Bn and is estimated to reach a value of over US$ 5 Bn by 2025 end. Owing to macro-economic growth factors (GDP, inflation, employment, spending) growth in the target market the market size has been revised for the entire forecast period.
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A major factor driving the growth of the global cutting equipment market, in the present scenario, is strong growth of the automotive sector. Furthermore, growing constructional industry supported by global megatrend of urbanization is expected to boost the growth of the global market. Moreover, promising demand from oil & gas industry, along with growing demand for cutting products from renewable energy industry are some of the factors which are estimated to drive the growth of global cutting equipment market during the forecast period.
However, the global cutting equipment market is expected to face some challenges. Slow adoption of advanced cutting technologies and high operating cost to remain detaining factor may impact the bargaining power of consumers. These are the factors that may impact the demand for cutting equipment, thus in turn is restricting the revenue growth of the global cutting equipment market.
Key Players:
The report has profiled some of the Important players prevalent in the global like – The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works, Daihen Corporation, Hypertherm Inc., GCE Holding AB, Amada Miyachi America Inc., Koike Aronson Inc., Genetec (Shanghai) Corporation, and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Cutting Equipment.
Segmentation Analysis
The cutting equipment market is segmented by cutting technology into plasma, oxy-fuel, laser, waterjet, and carbon-arc
- By cutting technology, laser cutting technology segment is anticipated to continue to dominate the market in terms of value over the forecast period. The waterjet segment is expected to reflect high value and volume growth during the forecast period and is expected to register a value CAGR of 7.4% throughout the period of forecast
- In terms of equipment type, mechanized is estimated to dominate the global cutting equipment market with a high market valuation
- By end use, the others segment is the largest with high market value. The shipbuilding and offshore segment is expected to rise at a high CAGR of 6.3% during the period of forecast
- By region, Asia Pacific is expected to reflect high lucrativeness in the coming years. In 2016, majority of the cutting equipment were sold in Asia Pacific, followed by North America andEurope. The sales of cutting equipment in North America and Europe is expected to be driven by strong adoption of highly precise and advanced cutting technology
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Cutting Equipment Market Manufacturers
Cutting Equipment Market Distributors/Traders/Wholesalers
Cutting Equipment Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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View Report Table of Contents, Figures, and Tables @ http://www.persistencemarketresearch.com/market-research/cutting-equipment-market/toc
Major Highlights of the Cutting Equipment Market Report:
- The Cutting Equipment Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Cutting Equipment Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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