Market Overview:
The global abrasive cutoff machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for abrasive cutoff machines in various industrial applications, such as metal fabrication, automotive manufacturing, and aerospace engineering. In addition, the growing demand for medical devices and food processing equipment is also contributing to the growth of this market. Based on type, the global abrasive cutoff machine market can be segmented into hand held abrasive cutoff machines and benchtop abrasive cutoff machines. The hand held segment is expected to grow at a higher CAGR than the benchtop segment during the forecast period from 2018 to 2030. This growth can be attributed to their compact size and easy maneuverability which makes them suitable for use in tight spaces. Based on application, the global Abrasive Cutoff Machine Market can be divided into industrial applications, medical applications, food processing applications and other applications segments respectively .
Product Definition:
An Abrasive cutoff machine is a power tool used to cut metal, masonry, and other materials. It works by means of a circular saw blade that is powered by an electric motor. The blade protrudes from the side of the tool, and the material to be cut is placed against it. The motor spins the blade at high speed, causing it to cut through the material.
Hand Held Abrasive Cutoff Machine:
Handheld abrasive cutoff machines are used to cut the paper or cloth backing from abrasive discs. The machine consists of a motor, spindle, and rotating blade. It is mainly used for removing paint in automotive refinishing or metal cutting applications.
Benchtop Abrasive Cutoff Machine:
The benchtop abrasive cutoff machine is used to cut the abrasive from a rotating wheel by means of a rapidly spinning brush. The rotating wheel has an attached armature that rotates at high speed, which in turn makes the brushes spin at high speed as well. As the abrasive material is cut off from the wheel, it falls on a collecting plate where it can be retrieved when it is finished with.
Application Insights:
The industrial segment dominated the global abrasive cutoff machine market in 2017. The growth of this segment can be attributed to the increasing demand for high-precision components and equipment in various industries, such as automotive, aerospace and defense. In addition, a rise in manufacturing activities across developing countries is expected to boost product demand over the forecast period.
The food processing industry is anticipated to emerge as one of the prominent users of these machines over the forecast period due to its rising need for precision cutting off devices that are used for slicing frozen products into pieces or noodles during cooking processes at domestic level or commercial level. Furthermore, an increase in production capacities across several countries has led to increased consumption of fresh produce including vegetables and fruits which has further propelled product demand within this sector globally. However; other applications include medical & pharmaceutical where precise measurements are required along with other end-use industries including construction materials etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for abrasive cutoff machines from various end-user industries, such as industrial, medical, food processing and others. In addition, rising investments by regional players in countries like China and India are anticipated to fuel the product demand during the forecast period.
The growing automotive industry across Asia Pacific is also projected to provide lucrative opportunities for manufacturers of abrasive cutoff machines. Increasing use of these machines for metal cutting on account of their efficiency compared with laser systems is expected to drive regional product demand over the next eight years.
Growth Factors:
- Increasing demand for abrasive cutoff machines in the automotive and aerospace industries due to the growing need for high-quality precision parts.
- Rising demand from construction and infrastructure sectors owing to the increasing spending on infrastructure development projects worldwide.
- Growing popularity of abrasive cutoff machines among small and medium-sized enterprises (SMEs) due to their low cost of ownership and easy operability.
- Technological advancements in abrasive cutoff machine design that are resulting in improved performance, higher efficiency, and reduced downtime costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Abrasive Cutoff Machine Market Research Report
By Type
Hand Held Abrasive Cutoff Machine, Benchtop Abrasive Cutoff Machine
By Application
Industrial, Medical, Food Processing, Other
By Companies
Bosch, KEMET Corporation, Techtronic Industries, MAC-AFRIC, DEWALT, Kalamazoo Industries, Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Abrasive Cutoff Machine Market Report Segments:
The global Abrasive Cutoff Machine market is segmented on the basis of:
Types
Hand Held Abrasive Cutoff Machine, Benchtop Abrasive Cutoff Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Medical, Food Processing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- KEMET Corporation
- Techtronic Industries
- MAC-AFRIC
- DEWALT
- Kalamazoo Industries
- Bosch
Highlights of The Abrasive Cutoff Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hand Held Abrasive Cutoff Machine
- Benchtop Abrasive Cutoff Machine
- By Application:
- Industrial
- Medical
- Food Processing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Abrasive Cutoff Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Abrasive cutoff machines are used to remove material by cutting it with a rotating abrasive wheel. This process is often used in manufacturing to remove parts from large pieces of metal or other materials.
Some of the major companies in the abrasive cutoff machine market are Bosch, KEMET Corporation, Techtronic Industries, MAC-AFRIC, DEWALT, Kalamazoo Industries, Bosch.
The abrasive cutoff machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Abrasive Cutoff Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Abrasive Cutoff Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Abrasive Cutoff Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Abrasive Cutoff Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Abrasive Cutoff Machine Market Size & Forecast, 2018-2028
4.5.1 Abrasive Cutoff Machine Market Size and Y-o-Y Growth
4.5.2 Abrasive Cutoff Machine Market Absolute $ Opportunity
Chapter 5 Global Abrasive Cutoff Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Abrasive Cutoff Machine Market Size Forecast by Type
5.2.1 Hand Held Abrasive Cutoff Machine
5.2.2 Benchtop Abrasive Cutoff Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Abrasive Cutoff Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Abrasive Cutoff Machine Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Medical
6.2.3 Food Processing
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Abrasive Cutoff Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Abrasive Cutoff Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Abrasive Cutoff Machine Analysis and Forecast
9.1 Introduction
9.2 North America Abrasive Cutoff Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Abrasive Cutoff Machine Market Size Forecast by Type
9.6.1 Hand Held Abrasive Cutoff Machine
9.6.2 Benchtop Abrasive Cutoff Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Abrasive Cutoff Machine Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Medical
9.10.3 Food Processing
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Abrasive Cutoff Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Abrasive Cutoff Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Abrasive Cutoff Machine Market Size Forecast by Type
10.6.1 Hand Held Abrasive Cutoff Machine
10.6.2 Benchtop Abrasive Cutoff Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Abrasive Cutoff Machine Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Medical
10.10.3 Food Processing
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Abrasive Cutoff Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Abrasive Cutoff Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Abrasive Cutoff Machine Market Size Forecast by Type
11.6.1 Hand Held Abrasive Cutoff Machine
11.6.2 Benchtop Abrasive Cutoff Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Abrasive Cutoff Machine Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Medical
11.10.3 Food Processing
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Abrasive Cutoff Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Abrasive Cutoff Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Abrasive Cutoff Machine Market Size Forecast by Type
12.6.1 Hand Held Abrasive Cutoff Machine
12.6.2 Benchtop Abrasive Cutoff Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Abrasive Cutoff Machine Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Medical
12.10.3 Food Processing
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Abrasive Cutoff Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Abrasive Cutoff Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Abrasive Cutoff Machine Market Size Forecast by Type
13.6.1 Hand Held Abrasive Cutoff Machine
13.6.2 Benchtop Abrasive Cutoff Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Abrasive Cutoff Machine Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Medical
13.10.3 Food Processing
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Abrasive Cutoff Machine Market: Competitive Dashboard
14.2 Global Abrasive Cutoff Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 KEMET Corporation
14.3.3 Techtronic Industries
14.3.4 MAC-AFRIC
14.3.5 DEWALT
14.3.6 Kalamazoo Industries
14.3.7 Bosch
