Market Overview:
The global abrasive cutting machines 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 cutting machines from various end-use industries, such as automotive, aerospace, and shipbuilding. In addition, the growing demand for high-alloyed steels and non-ferrous metal alloys is also contributing to the growth of this market. Based on type, the global abrasive cutting machines market can be segmented into manual and automatic segments. The automatic segment is expected to grow at a higher CAGR than the manual segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as ease of use and increased efficiency offered by automatic abrasive cutting machines over manual ones. Based on application, the global abrasive cutting machines market can be divided into high-alloyed steels Cutting, non-ferrous metal alloys Cutting, and others segments. The high alloy steel Cutting segment is projected witness highest CAGR during forecast period owing rising demand for these types of steel in various end user industries across globe .
Product Definition:
Abrasive cutting machines are used to cut materials such as metal, glass and stone using an abrasive material such as sandpaper, emery cloth or a diamond blade.
Manual:
Manual is a hand-operated device used in abrasive cutting machines. It's main function is to provide the operator with an alternative to the electric motor by providing a rotary motion or reciprocating motion for actuating the mechanism that drives the abrasive wheel. The manual system uses human power as an energy source instead of electricity, which makes it eco-friendly and less expensive than its electric counterpart.
Automatic:
Automatic abrasive cutting machines are used for the production of high quality steel and other metal alloys. The machine consists of a number of rotating discs, which carry an abrasive material such as silicon carbide or garnet with them. These discs produce a series of scratches in the target material due to friction, by means of mechanical impact or by electrical discharge machining.
The product is widely used across several industries including automotive, aerospace & defense.
Application Insights:
The global demand for abrasive cutting machines is categorized on the basis of application into high-alloyed steels, non-ferrous metal alloys, and others. In 2017, the high-alloyed steels segment accounted for a major market share in terms of revenue as well as volume. The growth can be attributed to increasing demand from construction industry and other applications such as automotive and transportation.
In terms of revenue, the non-ferrous metal alloys segment is anticipated to witness significant growth over the forecast period owing to rising demand from various industrial applications including gears & transmissions and foundry industries. Non-ferrous metal alloys include aluminum alloys (excluding aircraft), magnesium alloy (non-magnesium), titanium alloy (excluding aircraft)and their derivatives such as silicon steel or phosphor bronze that are used in applications where low wear rate is required such as gear teeth or shafts respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing population, rising disposable income of consumers and a growing industrial sector. Moreover, these developing nations are also focusing on increasing their exports of finished products by using abrasive cutting machines for metal cutting operations in various industries across the globe.
Europe held a significant share of global industry revenue owing to presence of major companies like Makita Corporation; Bosch Security Systems; Sargent Metalcrafters Inc.
Growth Factors:
- Increasing demand for abrasive cutting machines from the automotive and aerospace industries due to the growing need for precision machining.
- Rising demand for abrasive cutting machines from small- and medium-sized enterprises (SMEs) due to the increasing awareness about the benefits of using these machines.
- Growing popularity of abrasive cutting machines among hobbyists and DIY enthusiasts owing to their ability to cut a wide range of materials quickly and easily.
- Technological advancements in abrasive cutting machine design and functionality that are making these machines more efficient, durable, and affordable.
- The increasing use of abrasive cutting machines in applications such as metal fabrication, glass processing, stone carving, etc., which is fueling their growth across different regions worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Abrasive Cutting Machines Market Research Report
By Type
Manual, Automatic
By Application
High-alloyed Steels Cutting, Non-ferrous Metal Alloys Cutting, Others
By Companies
Heckler & Koch, Prius, Buehler, Struers, Xi Enshi, BROT-LAB, Hefei Branch Crystal, Aisida, Struers, NDS / NPM, Heckler & Koch
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Abrasive Cutting Machines Market Report Segments:
The global Abrasive Cutting Machines market is segmented on the basis of:
Types
Manual, Automatic
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
High-alloyed Steels Cutting, Non-ferrous Metal Alloys Cutting, Others
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:
- Heckler & Koch
- Prius
- Buehler
- Struers
- Xi Enshi
- BROT-LAB
- Hefei Branch Crystal
- Aisida
- Struers
- NDS / NPM
- Heckler & Koch
Highlights of The Abrasive Cutting Machines 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:
- Manual
- Automatic
- By Application:
- High-alloyed Steels Cutting
- Non-ferrous Metal Alloys Cutting
- Others
- 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 Cutting Machines 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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 cutting machines are used to cut materials by using a rotating abrasive wheel. The wheel cuts the material by wearing away at it, which allows the machine to create precise cuts.
Some of the major companies in the abrasive cutting machines market are Heckler & Koch, Prius, Buehler, Struers, Xi Enshi, BROT-LAB, Hefei Branch Crystal, Aisida, Struers, NDS / NPM, Heckler & Koch.
The abrasive cutting machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Abrasive Cutting Machines 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 Cutting Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Abrasive Cutting Machines 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 Cutting Machines 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 Cutting Machines Market Size & Forecast, 2018-2028
4.5.1 Abrasive Cutting Machines Market Size and Y-o-Y Growth
4.5.2 Abrasive Cutting Machines Market Absolute $ Opportunity
Chapter 5 Global Abrasive Cutting Machines 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 Cutting Machines Market Size Forecast by Type
5.2.1 Manual
5.2.2 Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Abrasive Cutting Machines 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 Cutting Machines Market Size Forecast by Applications
6.2.1 High-alloyed Steels Cutting
6.2.2 Non-ferrous Metal Alloys Cutting
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Abrasive Cutting Machines 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 Cutting Machines 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 Cutting Machines Analysis and Forecast
9.1 Introduction
9.2 North America Abrasive Cutting Machines 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 Cutting Machines Market Size Forecast by Type
9.6.1 Manual
9.6.2 Automatic
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 Cutting Machines Market Size Forecast by Applications
9.10.1 High-alloyed Steels Cutting
9.10.2 Non-ferrous Metal Alloys Cutting
9.10.3 Others
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 Cutting Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Abrasive Cutting Machines 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 Cutting Machines Market Size Forecast by Type
10.6.1 Manual
10.6.2 Automatic
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 Cutting Machines Market Size Forecast by Applications
10.10.1 High-alloyed Steels Cutting
10.10.2 Non-ferrous Metal Alloys Cutting
10.10.3 Others
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 Cutting Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Abrasive Cutting Machines 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 Cutting Machines Market Size Forecast by Type
11.6.1 Manual
11.6.2 Automatic
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 Cutting Machines Market Size Forecast by Applications
11.10.1 High-alloyed Steels Cutting
11.10.2 Non-ferrous Metal Alloys Cutting
11.10.3 Others
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 Cutting Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Abrasive Cutting Machines 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 Cutting Machines Market Size Forecast by Type
12.6.1 Manual
12.6.2 Automatic
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 Cutting Machines Market Size Forecast by Applications
12.10.1 High-alloyed Steels Cutting
12.10.2 Non-ferrous Metal Alloys Cutting
12.10.3 Others
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 Cutting Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Abrasive Cutting Machines 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 Cutting Machines Market Size Forecast by Type
13.6.1 Manual
13.6.2 Automatic
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 Cutting Machines Market Size Forecast by Applications
13.10.1 High-alloyed Steels Cutting
13.10.2 Non-ferrous Metal Alloys Cutting
13.10.3 Others
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 Cutting Machines Market: Competitive Dashboard
14.2 Global Abrasive Cutting Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Heckler & Koch
14.3.2 Prius
14.3.3 Buehler
14.3.4 Struers
14.3.5 Xi Enshi
14.3.6 BROT-LAB
14.3.7 Hefei Branch Crystal
14.3.8 Aisida
14.3.9 Struers
14.3.10 NDS / NPM
14.3.11 Heckler & Koch
