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Cutting Equipment, Accessories, and Consumables Market Outlook, Competitive analysis and Forecast Report For 2025

Press Release   •   Jan 23, 2017 17:04 IST

Cutting equipment are at the backbone of any manufacturing industry, and the related accessories and consumables are frequently required in order to maintain consistent production. Some of the common cutting equipment are handheld and mechanized plasma cutters, high definition plasma cutters, CNC plasma cutting tables, retrofit solutions, pipe and tube cutting machines, structural steel fabrication, shape cutting controllers, and plasma torch consumables. Due to the rising population across the world, which is not only escalating the demand from manufacturing industry but also encouraging the set-up of new production outlets and in turn fueling the demand for cutting equipment, accessories, and consumables.

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This report on global cutting equipment, accessories, and consumables market is a comprehensive analysis of all the factors that are expected to influence the growth rate during the forecast period of 2017 to 2025. The report segments this market by technology, equipment, accessories and consumables, and geography. By technology, the market can be divided into carbon arc cutting, plasma cutting, laser cutting, oxy-fuel cutting, and water jet cutting. Bu equipment, the market is segmented into manual cutting equipment and mechanized cutting equipment. The segment of manual cutting equipment is further sub-segmented into oxy-fuel cutting, plasma cutting, gouging, portable cutting and, air or fuel torches. The segment of mechanized cutting equipment can be sub-segmented into oxy-fuel, plasma cutting, cutting tables, and cutting machines. By accessories, the market is divided into gas regulators, gas filters, gas flow meters, gas manifolds, gas panels, check valves, flow controllers, and gas cabinets. By consumables, the market is segmented into shielding gases and oxy-fuel gases.

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Global Cutting Equipment, Accessories, and Consumables Market: Trends and Prospects

The credits the growing demand from the end-use industries such as commercial, residential, institutional, infrastructure, and marine are the prominent factor fueling the demand in global cutting equipment, accessories, and consumables market. Moreover, rapid industrialization, especially in the emerging economies in Asia Pacific such as India and China, is enticing players in this market to stretch their production capacity and meet the demand. The report anticipates consumables such as shielding gases and oxy-fuel gases to gain maximum traction over the period of next few years, due to the rising demand for argon gas by the industries. Also, plasma cutting as a technology is projected for robust growth rate, particularly from China and India, which are ranked as the first and second most lucrative country-wise market in the global cutting equipment, accessories, and consumables market.

Global Cutting Equipment, Accessories, and Consumables Market: Key Regions

Geographically, the report studies the regional markets of North America, Europe, Asia Pacific, and rest of the world, and rates Asia Pacific as the most lucrative market due to its vast population. The developed region of North America is rated as the second most prominent region.

Colfax Corporation., Lincoln Electric Company, Illinois Tool Works Inc., Air Liquide, and the Linde group are identified as the key players in the global cutting equipment, accessories, and consumables market. Other prominent players in this market identified by the report include GCE holding AB, Messer group, Fronius international GMBH, Matheson tri-gas Inc., Bug-O, Gentec, and Muller.

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The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
    Market trends and dynamics
    Supply and demand chain of the market
    Market valuation (revenue and/or volume)
    Key trends/opportunities/challenges
    Forces defining present and estimated future state of the competitive landscape
    Technological developments
    Value chain and stakeholder analysis

The regional analysis covers:

  • North America
    Latin America
    Europe
    Asia Pacific
    Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
    Recent developments in the market’s competitive landscape
    Detailed analysis of market segments up to second or third level of segmentation
    Historical, current, and projected future valuation of the market in terms of revenue and/or volume
    Key business strategies adopted by influential market vendors
    Outline of the regulatory framework surrounding and governing numerous aspects of the market
    Growth opportunities in emerging and established markets
    Recommendations to market players to stay ahead of the competition

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