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The cutting equipment market is forecasted to grow by USD 2.69 billion during 2023-2028, accelerating at a CAGR of 5.58% during the forecast period. The report on the cutting equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on automating metal cutting process, rising demand for fiber laser cutting machines, and growing investment in aerospace and defense industry.
The cutting equipment market is segmented as below:
By End-user
- Automotive
- Aerospace and defense
- Metal fabrication
- Electrical and electronics
- Others
By Technology
- Laser cutting
- Plasma cutting
- Water jet cutting
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the cutting equipment market covers the following areas:
- Cutting equipment market sizing
- Cutting equipment market forecast
- Cutting equipment market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global cutting equipment market: AMADA Co. Ltd., Amalgamations Group, Berkenhoff GmbH, DMG MORI Co. Ltd., ESAB Corp., FANUC Corp., Gedik Holding, Illinois Tool Works Inc., IPG Photonics Corp., Jenoptik AG, Jinan Senfeng Laser Technology Co. Ltd., Koike Aronson Inc., KYOCERA Corp., Laserline GmbH, Mitsubishi Electric Corp., Plansee SE, Sandvik AB, Schlatter Industries AG, The Lincoln Electric Co., and TRUMPF SE Co. KG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological innovations in laser cutting machines."
According to the report, one of the major drivers for this market is the increasing focus on automating metal cutting process.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AMADA Co. Ltd.
- Amalgamations Group
- Berkenhoff GmbH
- DMG MORI Co. Ltd.
- ESAB Corp.
- FANUC Corp.
- Gedik Holding
- Illinois Tool Works Inc.
- IPG Photonics Corp.
- Jenoptik AG
- Jinan Senfeng Laser Technology Co. Ltd.
- Koike Aronson Inc.
- KYOCERA Corp.
- Laserline GmbH
- Mitsubishi Electric Corp.
- Plansee SE
- Sandvik AB
- Schlatter Industries AG
- The Lincoln Electric Co.
- TRUMPF SE Co. KG
