Market Overview:
The Global Intelligent Cutting Equipment Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for intelligent cutting equipment in construction and industrial applications. Additionally, the growing demand for cordless intelligent cutting equipment is also contributing to the market growth. North America dominates the global Intelligent Cutting Equipment Market, followed by Europe and Asia Pacific.
Product Definition:
Intelligent Cutting Equipment is a type of equipment that utilizes computer-aided design (CAD) software to help users create and edit designs, as well as control the cutting process. Intelligent Cutting Equipment is important because it allows users to more easily create precise cuts, resulting in better finished products.
Corded:
Corded power tools have been gaining popularity among the end-users due to its benefits such as portability and flexibility. The corded power tools are used in various applications such as maintenance, fabrication, carpentry, automotive repair and electronics. Cordless or battery-powered equipment is preferred for small jobs that do not require a long operating time. Increasing demand for lightweight equipment with longer battery life is expected to drive the market over the forecast period.
Cordless:
Cordless systems are battery-powered tools that rely on an electrical connection for operation. They have been designed to replace the need for hardwired equipment, thus providing convenience and saving costs. Cordless tools can be used in a wide range of applications such as construction, automotive, woodworking and others.
Application Insights:
The construction field was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing urbanization, which has resulted in an increased need for construction equipment across the globe. Moreover, a rise in infrastructural development projects across various countries such as China, India and Australia is likely to contribute significantly towards market growth over the forecast period.
The industry field segment accounted for more than 20% of global market share in terms of revenue in 2017 on account of high product demand from oil & gas sector cutting machines applications such as drilling rigs & platforms, well cementsing systems among others. Increasing R&D activities related to intelligent tools with enhanced performance capabilities are expected to drive their demand further driving overall industry growth during future years.
Other applications include mining.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities, which is subsequently driving the demand for technologically advanced equipment. Moreover, rising industrialization and manufacturing activities are anticipated to drive product demand across various industries including automotive, metal processing, woodworking & carpentry among others.
The European market was valued at USD X billion in 2017 and is projected to witness steady growth over the forecast period owing to increasing adoption of intelligent devices by end-users operating within numerous sectors including transportation & logistics (T&L), utilities sector such as electricity & gas distribution companies along with other service providers such as telecom operators for maintenance operations across various facilities including offices, factories etc., thereby boosting industry expansion rates on a domestic level.
Growth Factors:
- Increasing demand for advanced and customized cutting equipment from the automotive and aerospace industries.
- Growing popularity of laser-based cutting systems over traditional methods due to their high precision and efficiency.
- Rising investments in research and development by leading players to develop innovative products that cater to specific needs of different industries.
- Proliferation of small-scale businesses that require affordable yet efficient cutting equipment for their operations.
- Increasing demand from developing countries for cost-effective yet technologically advanced cutting solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Cutting Equipment Market Research Report
By Type
Corded, Cordless
By Application
Construction Field, Industry Field, Other
By Companies
Shuztung Machinery, Robert Bosch, Stanley Black & Decker, Makita Power Tools, Hitachi Koki, Klein Tools, Otto Baier GmbH, Hilti Corporation, Shuztung Machinery
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Cutting Equipment Market Report Segments:
The global Intelligent Cutting Equipment market is segmented on the basis of:
Types
Corded, Cordless
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
Construction Field, Industry Field, 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:
- Shuztung Machinery
- Robert Bosch
- Stanley Black & Decker
- Makita Power Tools
- Hitachi Koki
- Klein Tools
- Otto Baier GmbH
- Hilti Corporation
- Shuztung Machinery
Highlights of The Intelligent Cutting Equipment 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:
- Corded
- Cordless
- By Application:
- Construction Field
- Industry Field
- 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 Intelligent Cutting Equipment 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?
Intelligent Cutting Equipment is a type of machine that uses sensors and software to control the movement of a blade to create precise cuts. This technology can be used in many different industries, including manufacturing, construction, and agriculture.
Some of the key players operating in the intelligent cutting equipment market are Shuztung Machinery, Robert Bosch, Stanley Black & Decker, Makita Power Tools, Hitachi Koki, Klein Tools, Otto Baier GmbH, Hilti Corporation, Shuztung Machinery.
The intelligent cutting equipment 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 Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Cutting Equipment 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 Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Size & Forecast, 2018-2028
4.5.1 Intelligent Cutting Equipment Market Size and Y-o-Y Growth
4.5.2 Intelligent Cutting Equipment Market Absolute $ Opportunity
Chapter 5 Global Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Size Forecast by Type
5.2.1 Corded
5.2.2 Cordless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Size Forecast by Applications
6.2.1 Construction Field
6.2.2 Industry Field
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Cutting Equipment 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 Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Size Forecast by Type
9.6.1 Corded
9.6.2 Cordless
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 Intelligent Cutting Equipment Market Size Forecast by Applications
9.10.1 Construction Field
9.10.2 Industry Field
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 Intelligent Cutting Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Size Forecast by Type
10.6.1 Corded
10.6.2 Cordless
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 Intelligent Cutting Equipment Market Size Forecast by Applications
10.10.1 Construction Field
10.10.2 Industry Field
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 Intelligent Cutting Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Size Forecast by Type
11.6.1 Corded
11.6.2 Cordless
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 Intelligent Cutting Equipment Market Size Forecast by Applications
11.10.1 Construction Field
11.10.2 Industry Field
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 Intelligent Cutting Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Cutting Equipment 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 Intelligent Cutting Equipment Market Size Forecast by Type
12.6.1 Corded
12.6.2 Cordless
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 Intelligent Cutting Equipment Market Size Forecast by Applications
12.10.1 Construction Field
12.10.2 Industry Field
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) Intelligent Cutting Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Cutting Equipment 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) Intelligent Cutting Equipment Market Size Forecast by Type
13.6.1 Corded
13.6.2 Cordless
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) Intelligent Cutting Equipment Market Size Forecast by Applications
13.10.1 Construction Field
13.10.2 Industry Field
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 Intelligent Cutting Equipment Market: Competitive Dashboard
14.2 Global Intelligent Cutting Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shuztung Machinery
14.3.2 Robert Bosch
14.3.3 Stanley Black & Decker
14.3.4 Makita Power Tools
14.3.5 Hitachi Koki
14.3.6 Klein Tools
14.3.7 Otto Baier GmbH
14.3.8 Hilti Corporation
14.3.9 Shuztung Machinery
