The global plasma cutting machine market was valued at $1.2 billion in 2018. Plasma cutting machines are used by several fabricators for substituting saws, cutting torches, snips, oxyfuel rigs and cut-off wheels. Increasing demand for plasma cutting machine is attributed towards extensive acceptance in various industry domains such as installing ventilation, refrigeration, plumbing systems, installing heating, abolishing old wash system of industries developing new ones, air conditioning to constantly cutting shapes. Therefore, these factors are fuelling the growth of the global plasma cutting machine market.
Moreover, the innovation of CNC technology laid emphasis upon introduction of plasma cutting machine thereby giving these machines greater level of flexibility on a customized manner. Extensive acceptance of plasma cutting machine is attributed towards various advantages offered by this machine in industrial domain such as high quality, high speed and accurate cutting. Besides, this machine reduces the total cutting time of plasma by enhancing the speed of driving device, inducing low center of gravity and lightweight design thereby contributing towards the significant growth of global plasma cutting machine market.
The growing automobile industry is the key factor driving the growth of the global plasma cutting machine market. Ever increasing population of citizens in developing countries, increasing disposable income and extensive demand for automobiles across the globe is thus stimulating the manufacturers to design custom car manufacturing that involves large amount of welding and cutting of metals and plasma cutter is considered to be a vital tool for custom build.
Furthermore, plasma cutters provides flexibility in operations to automobile manufacturers to cut various types of metals such as stainless steel, copper, aluminium, brass, bronze, Inconel and titanium. Additionally, the process of plasma cutters are considers to easier and faster than several other cutting methods that helps in availing well-defined cuts with less heat affected areas that do not causes the paint to be corroded. Furthermore, due to ease of handling and portability feature thus makes this machine popular globally thereby propelling the growth of plasma cutting machine market considerably.
Plasma cutting machine market forecast 2019 – 2029 estimates the historical market size in terms of volume as well as revenue generated by the industry players across the globe. It offers the opportunity analysis along the value chain for the plasma cutting machine manufacturers. Also, the report offers the vendor analysis along with price trend which provides an edge to the stakeholders especially manufacturers to create a better understanding of the market. Heavy equipment, automotive and transportation, construction, shipbuilding and off shore, and other industry players benefit from the product benchmarking and matrix helping them to take right decision in choosing the right product with optimum prices suited for their end use applications.
The reports provide the analysis based on product and application segment. On the basis of product, the global plasma cutting machine market is categorized into mechanized and manual. Among the two products, the mechanized equipment category holds the larger share in the global market in 2018. Mechanised plasma cutting machine are extensively being utilised in various industries for cutting electrically conductive materials. Additionally, these equipments are quality enabled and enable fabrication of quality grade components efficiently.
Based on application, the global plasma cutting machine market is segmented into heavy equipment, automotive and transportation, construction, shipbuilding and off shore, and others. Of all, the heavy equipment industry is anticipated to generate largest revenue throughout the estimated period owing to extensive utilization of plasma cutting machines in shipbuilding, cutting, oxyfuel welding, heating and brazing in this domain.
The plasma cutting machine market in Asia-Pacific is anticipated to generate largest revenue throughout the estimated period owing to increasing automation and rampant growth in automobile domain in the region. The requirement for automation in countries such as China has rapidly increased owing to increasing demand for quantity and quality amalgamated with extensive enhancement in globalisation and population.
Moreover, plasma cutting machine market in North America is estimated to become second largest player in terms of revenue since the region is observing rampant fabrication activities undertaken in heavy material domain and automobile and construction domain. Besides, the region is adopting plasma cutters since it offers benefits to the manufacturers such as faster work, well fit and efficient quality. Furthermore, increasing conglomeration of biochemistry with plasma cutting is propelling the growth of plasma cutting machine market in this region.
The report also offers the insights for the European, Latin American, and Middle East and African Market. A detail analysis of historic and forecast consumption data, revenue in the market and competitive analysis for major competitors in each region is also provided.
The eminent key players in the global plasma cutting machine market are introducing new technologies that will encompass proficiencies in accumulating plasma materials observing. Moreover, this market is a fragmented market structure and is witnessing strict regulatory framework and research & developmental activities at rapid pace globally. Some of the players having prominent presence in the global plasma cutting machine market include Ador Elding Ltd., Illinois Tool Works Inc., Matheson tri-gas Inc., Barton International Inc., Fronius international GMBH, Colfax Corporation, Lincoln Electric Company, GCE holding AB, Flow International Corporation, The Linde Group, ESAB, Hypertherm, Komatsu Ltd., Messer Cutting Systems, and NISSAN TANAKA.
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1. Research Overview
1.1. Objective
1.2. Global Plasma Cutting Machine Market Overview
1.3. Market Segmentation
1.3.1. By Product
1.3.2. By Application
1.4. Benefits to Stakeholders
1.5. Key Questions Answered by the Report
1.6. Frequently Asked Questions
2. Research Methodology
2.1.1. Secondary Research
2.1.1.1. Key secondary research sources
2.1.2. Primary Research
2.1.2.1. Split of primary research respondents
2.1.2.1.1. By industry participant
2.1.2.1.2. By region
2.1.2.1.3. By company type
2.1.3. Market Estimation and Forecast Methodology
2.1.4. Data Exploration and Validation
2.1.5. Limitations and Assumptions for the Study
3. Introduction to the Plasma Cutting Machine Market
3.1. Market Definition
3.2. By Product
3.2.1. Mechanized
3.2.2. Manual
3.3. By Application
3.3.1. Heavy Equipment
3.3.2. Automotive & Transportation
3.3.3. Construction
3.3.4. Shipbuilding & Off Shore
3.3.5. Others
4. Plasma Cutting Machine Market Analysis
4.1. Industry Outlook
4.2. Value Chain Analysis
4.3. PESTEL Analysis
4.4. Opportunity Analysis
4.5. Supply Chain Analysis
4.6. Porter’s Five Forces Analysis
4.7. Market Dynamics
4.7.1. Drivers
4.7.1.1. Growth in automotive industry
4.7.1.2. Rise in the automation
4.7.1.3. Expanding middle-class population in emerging countries
4.7.2. Restraints
4.7.2.1. Lack of skilled professionals
4.7.3. Trends
4.7.3.1. Growing Shift towards adoption of mechanized equipment
4.7.3.2. Amalgamation of biochemistry with plasma cutting
4.7.4. Opportunities
4.7.4.1. Industrialization in developing countries
4.7.4.2. Development of new alloys and acceptance in several industries
4.8. SWOT Analysis of the Plasma Cutting Machine Market
4.8.1. Strength
4.8.2. Weakness
4.8.3. Opportunity
4.8.4. Threat
5. Plasma Cutting Machine: Global Market
5.1. Global Plasma Cutting Machine Market Forecast 2019 - 2029
5.2. Global Plasma Cutting Machine Market Forecast, by Product, 2019 - 2029
5.3. Global Plasma Cutting Machine Market Forecast, by Application, 2019 - 2029
5.4. Global Plasma Cutting Machine Market Forecast, by Region, 2019 – 2029
5.4.1. Asia-Pacific
5.4.2. Europe
5.4.3. North America
5.4.4. Latin America
5.4.5. Middle East & Africa
6. Plasma Cutting Machine: Asia-Pacific Market
6.1. China Plasma Cutting Machine Market
6.1.1. China Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
6.1.2. China Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
6.2. Japan Plasma Cutting Machine Market
6.2.1. Japan Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
6.2.2. Japan Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
6.3. India Plasma Cutting Machine Market
6.3.1. India Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
6.3.2. India Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
6.4. Australia Plasma Cutting Machine Market
6.4.1. Australia Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
6.4.2. Australia Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
6.5. South Korea Plasma Cutting Machine Market
6.5.1. South Korea Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
6.5.2. South Korea Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
6.6. Rest of Asia-Pacific Plasma Cutting Machine Market
6.6.1. Rest of Asia-Pacific Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
6.6.2. Rest of Asia-Pacific Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
7. Plasma Cutting Machine: European Market
7.1. Germany Plasma Cutting Machine Market
7.1.1. Germany Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
7.1.2. Germany Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
7.2. U.K. Plasma Cutting Machine Market
7.2.1. U.K. Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
7.2.2. U.K. Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
7.3. France Plasma Cutting Machine Market
7.3.1. France Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
7.3.2. France Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
7.4. Spain Plasma Cutting Machine Market
7.4.1. Spain Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
7.4.2. Spain Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
7.5. Italy Plasma Cutting Machine Market
7.5.1. Italy Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
7.5.2. Italy Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
7.6. Russia Plasma Cutting Machine Market
7.6.1. Russia Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
7.6.2. Russia Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
7.7. Rest of Europe Plasma Cutting Machine Market
7.7.1. Rest of Europe Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
7.7.2. Rest of Europe Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
8. Plasma Cutting Machine: North American Market
8.1. U.S. Plasma Cutting Machine Market
8.1.1. U.S. Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
8.1.2. U.S. Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
8.2. Canada Plasma Cutting Machine Market
8.2.1. Canada Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
8.2.2. Canada Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
9. Plasma Cutting Machine: Latin American Market
9.1. Brazil Plasma Cutting Machine Market
9.1.1. Brazil Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
9.1.2. Brazil Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
9.2. Mexico Plasma Cutting Machine Market
9.2.1. Mexico Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
9.2.2. Mexico Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
9.3. Argentina Plasma Cutting Machine Market
9.3.1. Argentina Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
9.3.2. Argentina Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
9.4. Rest of Latin American Plasma Cutting Machine Market
9.4.1. Rest of Latin American Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
9.4.2. Rest of Latin American Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
10. Plasma Cutting Machine: MEA Market
10.1. Saudi Arabia Plasma Cutting Machine Market
10.1.1. Saudi Arabia Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
10.1.2. Saudi Arabia Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
10.2. South Africa Plasma Cutting Machine Market
10.2.1. South Africa Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
10.2.2. South Africa Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
10.3. U.A.E. Plasma Cutting Machine Market
10.3.1. U.A.E. Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
10.3.2. U.A.E. Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
10.4. Rest of MEA Plasma Cutting Machine Market
10.4.1. Rest of MEA Plasma Cutting Machine Market, by Product Forecast, 2019 - 2029
10.4.2. Rest of MEA Plasma Cutting Machine Market, by Application Forecast, 2019 - 2029
11. Competition in Plasma Cutting Machine Market
11.1. Price Trend Analysis
11.2. Company Share Analysis
11.3. Product and Competitive Benchmarking
11.4. Strategic Development Analysis of Major Players
11.4.1. Partnerships/Collaborations/Agreements
11.4.2. Mergers & Acquisitions
11.4.3. New Product Launches
11.4.4. Other Developments
12. Leading Companies
12.1. Ador Elding Ltd.
12.1.1. Company Overview
12.1.2. Product & Services Offerings
12.1.3. Financial Overview
12.1.4. Recent Developments
12.2. Illinois Tool Works Inc.
12.2.1. Company Overview
12.2.2. Product & Services Offerings
12.2.3. Financial Overview
12.2.4. Recent Developments
12.3. Matheson tri-gas Inc.
12.3.1. Company Overview
12.3.2. Product & Services Offerings
12.3.3. Financial Overview
12.3.4. Recent Developments
12.4. Barton International Inc.
12.4.1. Company Overview
12.4.2. Product & Services Offerings
12.4.3. Financial Overview
12.4.4. Recent Developments
12.5. Fronius international GMBH
12.5.1. Company Overview
12.5.2. Product & Services Offerings
12.5.3. Financial Overview
12.5.4. Recent Developments
12.6. Colfax Corporation
12.6.1. Company Overview
12.6.2. Product & Services Offerings
12.6.3. Financial Overview
12.6.4. Recent Developments
12.7. Lincoln Electric Company
12.7.1. Company Overview
12.7.2. Product & Services Offerings
12.7.3. Financial Overview
12.7.4. Recent Developments
12.8. GCE holding AB
12.8.1. Company Overview
12.8.2. Product & Services Offerings
12.8.3. Financial Overview
12.8.4. Recent Developments
12.9. Flow International Corporation
12.9.1. Company Overview
12.9.2. Product & Services Offerings
12.9.3. Financial Overview
12.9.4. Recent Developments
12.10. The Linde Group
12.10.1. Company Overview
12.10.2. Product & Services Offerings
12.10.3. Financial Overview
12.10.4. Recent Developments
12.11. ESAB
12.11.1. Company Overview
12.11.2. Product & Services Offerings
12.11.3. Financial Overview
12.11.4. Recent Developments
12.12. Hypertherm
12.12.1. Company Overview
12.12.2. Product & Services Offerings
12.12.3. Financial Overview
12.12.4. Recent Developments
12.13. Komatsu Ltd.
12.13.1. Company Overview
12.13.2. Product & Services Offerings
12.13.3. Financial Overview
12.13.4. Recent Developments
12.14. Messer Cutting Systems
12.14.1. Company Overview
12.14.2. Product & Services Offerings
12.14.3. Financial Overview
12.14.4. Recent Developments
12.15. NISSAN TANAKA
12.15.1. Company Overview
12.15.2. Product & Services Offerings
12.15.3. Financial Overview
12.15.4. Recent Developments
13. Conclusion and Recommendation
13.1. Market Outlook
13.2. Recommendation
14. Glossary
Ador Elding Ltd.
Barton International Inc.
Colfax Corporation
ESAB
Flow International Corporation
Fronius international GMBH
GCE holding AB
Hypertherm
Illinois Tool Works Inc.
Komatsu Ltd.
Lincoln Electric Company
Matheson tri-gas Inc.
Messer Cutting Systems
NISSAN TANAKA
The Linde Group
Visiongain Materials
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