Market Overview:
The global CNC cutting and welding machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for CNC cutting and welding machines from various end-use industries, such as machinery manufacturing, automobile, aerospace & defense, shipbuilding, and others. In addition, the growing demand for portable CNC cutting and welding machines is also contributing to the growth of this market.
Product Definition:
CNC Cutting & Welding Machines are used to cut and weld materials using computer-controlled motions. This allows for precise cuts and welds, which can result in a higher quality product.
Portable:
Portable is a tool that can be moved from one place to another within the shop. It does not require any permanent installation and can be taken apart and put together as per requirement. The portable nature of these devices makes them easy to use in small spaces, which is increasing their popularity among residential users.
The global Portable CNC Cutting & Welding Machines market was valued at USD 648 million in 2016.
Bench Machine:
The bench machine is used to mount the work piece in order to start the CNC (Computer Numerical Control) cutting or welding process. The bench machines are available in different types and sizes depending upon the requirements of customers. Some of them include vertical, horizontal and t-slots bench machines among others.
Application Insights:
The machinery manufacturing segment dominated the global market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for metal cutting machines in various industries including construction, automotive, aerospace & defense, energy & power and shipbuilding.
In recent years there has been an increased demand for high precision machining centers especially in the aerospace industry owing to stringent requirements regarding surface quality and accuracy. Moreover, rising R&D costs have compelled manufacturers adopt cost-effective technologies resulting into higher adoption of NC technology across all sectors including automotive and transportation. Automobile manufacturing is one of the major industries that utilizes these machines extensively as they offer flexibility while designing cars by allowing designers to incorporate innovative features while maintaining high production standards.
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 portable machines used for cutting and welding operations in various applications. In addition, rising investments by companies in China, Japan, South Korea and India are expected to drive regional growth over the next eight years.
The Asia Pacific has been witnessing strong economic growth on account of rapid industrialization coupled with growing foreign investments across various industries including automotive, electronics & electrical equipment manufacturing, machinery manufacturing etc., which is anticipated to propel product demand from 2018 to 2030 time frame.
Europe accounted for a significant share of revenue generated by global CNC machines market owing high consumption levels associated with shipbuilding activities within this region as well as across other regions globally including North America and Asia Pacific.
Growth Factors:
- Increasing demand for CNC Cutting & Welding Machines from the automotive and aerospace industries due to the growing need for lightweight and fuel-efficient vehicles.
- Rising demand for CNC Cutting & Welding Machines from the construction industry as a result of increasing infrastructure development projects across the globe.
- Growing popularity of automated welding processes, which is driving demand for CNC Cutting & Welding Machines in various end-use industries.
- Technological advancements in CNC Cutting & Welding Machines that are making these machines more efficient and productive, thereby boosting their adoption across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
CNC Cutting & Welding Machines Market Research Report
By Type
Portable, Bench Machine
By Application
Machinery Manufacturing, Automobile, Aerospace & Defense, Shipbuilding, Others
By Companies
PROMOTECH, Koike Aronson, ESAB, Muller Opladen GmbH, HGG Group, DMG Mori Seiki, TRUMPF, AMADA, Okuma Corporation, MAG, PROMOTECH, Schuler
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global CNC Cutting & Welding Machines Market Report Segments:
The global CNC Cutting & Welding Machines market is segmented on the basis of:
Types
Portable, Bench 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
Machinery Manufacturing, Automobile, Aerospace & Defense, Shipbuilding, 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:
- PROMOTECH
- Koike Aronson
- ESAB
- Muller Opladen GmbH
- HGG Group
- DMG Mori Seiki
- TRUMPF
- AMADA
- Okuma Corporation
- MAG
- PROMOTECH
- Schuler
Highlights of The CNC Cutting & Welding 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:
- Portable
- Bench Machine
- By Application:
- Machinery Manufacturing
- Automobile
- Aerospace & Defense
- Shipbuilding
- 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 CNC Cutting & Welding 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?
CNC cutting and welding machines are used to create parts from a variety of materials. They use a computer to control the movement of the tool, which allows for precise cuts and welds.
Some of the key players operating in the cnc cutting & welding machines market are PROMOTECH, Koike Aronson, ESAB, Muller Opladen GmbH, HGG Group, DMG Mori Seiki, TRUMPF, AMADA, Okuma Corporation, MAG, PROMOTECH, Schuler.
The cnc cutting & welding 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 CNC Cutting & Welding 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 CNC Cutting & Welding Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CNC Cutting & Welding 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 CNC Cutting & Welding 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 CNC Cutting & Welding Machines Market Size & Forecast, 2020-2028
4.5.1 CNC Cutting & Welding Machines Market Size and Y-o-Y Growth
4.5.2 CNC Cutting & Welding Machines Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Portable
5.2.2 Bench Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Machinery Manufacturing
6.2.2 Automobile
6.2.3 Aerospace & Defense
6.2.4 Shipbuilding
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CNC Cutting & Welding 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 CNC Cutting & Welding 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Portable
9.6.2 Bench 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 Market Size Forecast by Applications
9.10.1 Machinery Manufacturing
9.10.2 Automobile
9.10.3 Aerospace & Defense
9.10.4 Shipbuilding
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Portable
10.6.2 Bench 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 Market Size Forecast by Applications
10.10.1 Machinery Manufacturing
10.10.2 Automobile
10.10.3 Aerospace & Defense
10.10.4 Shipbuilding
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Portable
11.6.2 Bench 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 Market Size Forecast by Applications
11.10.1 Machinery Manufacturing
11.10.2 Automobile
11.10.3 Aerospace & Defense
11.10.4 Shipbuilding
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Portable
12.6.2 Bench 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 Market Size Forecast by Applications
12.10.1 Machinery Manufacturing
12.10.2 Automobile
12.10.3 Aerospace & Defense
12.10.4 Shipbuilding
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Portable
13.6.2 Bench 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) Market Size Forecast by Applications
13.10.1 Machinery Manufacturing
13.10.2 Automobile
13.10.3 Aerospace & Defense
13.10.4 Shipbuilding
13.10.5 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 CNC Cutting & Welding Machines Market: Competitive Dashboard
14.2 Global CNC Cutting & Welding Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PROMOTECH
14.3.2 Koike Aronson
14.3.3 ESAB
14.3.4 Muller Opladen GmbH
14.3.5 HGG Group
14.3.6 DMG Mori Seiki
14.3.7 TRUMPF
14.3.8 AMADA
14.3.9 Okuma Corporation
14.3.10 MAG
14.3.11 PROMOTECH
14.3.12 Schuler
