Market Overview:
The global diamond cutting 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 factors such as the increasing demand for diamonds, technological advancements in diamond cutting machines, and rising awareness about diamonds among consumers. The global diamond cutting machines market is segmented on the basis of type into laser diamond cutting machine and CNC diamond cutting machine. The laser diamond cutting machine segment is expected to grow at a higher CAGR than the CNC diamond Cutting machine segment during the forecast period from 2018 to 2030. This can be attributed to technological advancements in laser technology that have made it possible for manufacturers to produce high-quality products with precision and accuracy. On the basis of application, the global Diamond Cutting Machines Market is divided into three segments: Diamond Processing Plant, Jewelry Shop, and Other Applications. The other applications segment includes sectors such as medical industry, automotive industry etc., where diamonds are used for various purposes such as manufacturing surgical instruments or car parts with enhanced performance characteristics respectively .The jewelry shop segment accounted for majority share of revenue generated by application segments in 2017 and this trend is projected continue overthe forecast period from2018to2030 owingto growing demand formultiple regions across globefordiamond jewelry items .
Product Definition:
A diamond cutting machine is used to cut diamonds into different shapes. It can also be used to polish diamonds.
Laser Diamond Cutting Machine:
Laser diamond cutting machine is used to cut diamonds of all sizes. It can be used for rough or finished diamonds and can also be used in different industries such as jewelry, industrial, etc. The machine uses ultra-violet laser which is generated by a high powered source and directed towards the work piece.
CNC Diamond Cutting Machine:
CNC stands for Computer Numerical Control and it is a type of machine tool that uses computers to control the movement of cutting tools or equipment. CNC machines can cut materials like metals, glass, stones etc. with high accuracy and precision. The technology has evolved over decades due to innovations in electronics and computer science along with advancements in software algorithms used for controlling the machine operations.
Application Insights:
The jewelry shop segment dominated the global diamond cutting machines market, accounting for a share of over 40.0% in 2017. The growth can be attributed to increasing demand for luxury products across various regions, including Asia Pacific and Middle East & Africa. Diamonds have been traditionally used as an investment commodity and as a medium of exchange in different cultures around the world which has resulted in their growing importance as an industrial material with high value-added applications suchDiamonds are widely used by manufacturers of engagement rings to cut costs on design fees while maintaining the same quality standards expected from expensive jewelry pieces.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in R&D and technological advancements coupled with high demand for jewelry, watches, and other diamond-based products from U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for diamond cutting machines from the jewelry industry as a result of rising income levels and growing consumer spending on luxury items.
- Rapid growth in the construction sector, especially in developing countries, is expected to lead to an increase in demand for diamond cutting machines over the next few years.
- The increasing popularity of diamonds as an investment asset is also likely to boost demand for diamond cutting machines in the coming years.
- Technological advancements that lead to improved performance and efficiency of diamond cutting machines will help fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Cutting Machines Market Research Report
By Type
Laser Diamond Cutting Machine, CNC Diamond Cutting Machine
By Application
Diamond Processing Plant, Jewelry Shop, Other
By Companies
Synova, Sarine, Fanuc, Vision Embesoft Solution, SLTL Group, Gurukrupa Laser Systems, Metabo, Rimspolish, Coherent
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Cutting Machines Market Report Segments:
The global Diamond Cutting Machines market is segmented on the basis of:
Types
Laser Diamond Cutting Machine, CNC Diamond Cutting 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
Diamond Processing Plant, Jewelry Shop, 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:
- Synova
- Sarine
- Fanuc
- Vision Embesoft Solution
- SLTL Group
- Gurukrupa Laser Systems
- Metabo
- Rimspolish
- Coherent
Highlights of The Diamond 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:
- Laser Diamond Cutting Machine
- CNC Diamond Cutting Machine
- By Application:
- Diamond Processing Plant
- Jewelry Shop
- 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 Diamond 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?
Diamond cutting machines are used to cut diamonds. They use a diamond saw blade to make precise cuts in the diamond, which then allows the diamond to be polished and shaped into a desired design or shape.
Some of the major companies in the diamond cutting machines market are Synova, Sarine, Fanuc, Vision Embesoft Solution, SLTL Group, Gurukrupa Laser Systems, Metabo, Rimspolish, Coherent.
The diamond 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 Diamond 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 Diamond Cutting Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Diamond 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 Diamond 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 Diamond Cutting Machines Market Size & Forecast, 2020-2028
4.5.1 Diamond Cutting Machines Market Size and Y-o-Y Growth
4.5.2 Diamond Cutting 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 Laser Diamond Cutting Machine
5.2.2 CNC Diamond Cutting 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 Diamond Processing Plant
6.2.2 Jewelry Shop
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Diamond 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 Diamond 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 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 Laser Diamond Cutting Machine
9.6.2 CNC Diamond Cutting 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 Diamond Processing Plant
9.10.2 Jewelry Shop
9.10.3 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 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 Laser Diamond Cutting Machine
10.6.2 CNC Diamond Cutting 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 Diamond Processing Plant
10.10.2 Jewelry Shop
10.10.3 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 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 Laser Diamond Cutting Machine
11.6.2 CNC Diamond Cutting 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 Diamond Processing Plant
11.10.2 Jewelry Shop
11.10.3 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 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 Laser Diamond Cutting Machine
12.6.2 CNC Diamond Cutting 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 Diamond Processing Plant
12.10.2 Jewelry Shop
12.10.3 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) 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 Laser Diamond Cutting Machine
13.6.2 CNC Diamond Cutting 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 Diamond Processing Plant
13.10.2 Jewelry Shop
13.10.3 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 Diamond Cutting Machines Market: Competitive Dashboard
14.2 Global Diamond Cutting Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Synova
14.3.2 Sarine
14.3.3 Fanuc
14.3.4 Vision Embesoft Solution
14.3.5 SLTL Group
14.3.6 Gurukrupa Laser Systems
14.3.7 Metabo
14.3.8 Rimspolish
14.3.9 Coherent
