Market Overview:
The global intelligent cutting head market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for precision technology and automation in various industries. Additionally, the growing demand for metal and ceramic cutting heads is also propelling the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period. On basis of type, metal cutting heads are expected to dominate the global intelligent cutting head market during 2018-2030 owing to their widespread use in automotive and machinery industry applications across different regions globally. Ceramic Cutting Heads are anticipated witness highest CAGR over next 10 years on account of its growing usage in medical & dental implants, aerospace components etc.
Product Definition:
Intelligent Cutting Head is the latest technology for CNC Router. It can be used to detect the collision between tool and material, so that it can avoid the damage to tools and improve the processing efficiency.
Metal:
Metal is one of the important raw materials used in the manufacturing process of cutting tools. Metal cutting tools are widely used in various industries such as automotive, aerospace & defense, construction equipment and material handling. The metal industry has been witnessing strong growth over the past few years on account of increasing demand from end-use industries coupled with rising population and improving standards of living globally. This trend is expected to continue over the forecast period thus driving market growth for metal cutting head market during 2014 - 2025.
Ceramics:
Ceramics is a group of solid materials that are resistant to chemical erosion and mechanical wear. The most common types of ceramics include alumina, boron nitride, silicon carbide, zirconia (TZP), and yttria (YTP). Ceramic coatings are increasingly being used in various industries such as automotive & transportation, energy & power industry for the manufacturing of bearings; they also provide lubrication to reduce friction between moving parts.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric vehicles, which require high-precision cutting heads that are capable of withstanding extreme temperatures and vibrations. These heads also need to be able to withstand mechanical stress without getting damaged or worn out, which is driving their adoption in this industry.
The precision technology application segment was valued at USD 544 million in 2017 owing to its rising adoption across various industries including medical, aerospace & defense, semiconductor manufacturing and others where highly accurate parts are required frequently. Precision technology requires extremely sharp blades that can cut through different materials with ease as they are made using special alloys and metals; these factors are expected drive their demand over the coming years.
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, and Japan. These countries are witnessing strong economic growth owing to increasing industrialization and rising foreign investments in various sectors such as manufacturing, energy & power, construction equipment industry etc.
The growing demand for automobiles across Asia Pacific has led major automobile manufacturers to establish their production plants in this region which will further boost regional growth over the next eight years. For instance; Toyota Motor Corporation announced its plans of investing around USD X billion by 2020 at its new plant located at Numazu city on Tokyo Bay coast of Japan which will create approximately 700 jobs after it becomes operational in 2018.
Growth Factors:
- Increasing demand for automation in manufacturing sector
- Rising demand for precision and accuracy in cutting processes
- Growing popularity of robotic welding and cutting systems
- Proliferation of Industry 4.0 and the Internet of Things (IoT) across various industrial sectors
- Increasing investments in research and development (R&D) activities to develop new and innovative products
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Cutting Head Market Research Report
By Type
Metal, Ceramics, Others
By Application
Automotive, Precision Technology, Machinery Industry, Others
By Companies
PRECITEC, Bodor, Friendess Co.,Ltd, Shenzhen WSX Technology Co., Ltd., HSG Laser, Great Lakes Engineering, Inc., Remaly Manufacturing Company, Inc., American Industrial Company, Amber Steel, KJ Laser Micromachining
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Cutting Head Market Report Segments:
The global Intelligent Cutting Head market is segmented on the basis of:
Types
Metal, Ceramics, Others
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
Automotive, Precision Technology, Machinery Industry, 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:
- PRECITEC
- Bodor
- Friendess Co.,Ltd
- Shenzhen WSX Technology Co., Ltd.
- HSG Laser
- Great Lakes Engineering, Inc.
- Remaly Manufacturing Company, Inc.
- American Industrial Company
- Amber Steel
- KJ Laser Micromachining
Highlights of The Intelligent Cutting Head 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:
- Metal
- Ceramics
- Others
- By Application:
- Automotive
- Precision Technology
- Machinery Industry
- 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 Intelligent Cutting Head 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?
An intelligent cutting head is a type of industrial robot that can navigate its way around an object by using sensors to detect the contours of the object. The robot then uses a blade or other tool to cut through the object.
Some of the major companies in the intelligent cutting head market are PRECITEC, Bodor, Friendess Co.,Ltd, Shenzhen WSX Technology Co., Ltd., HSG Laser, Great Lakes Engineering, Inc., Remaly Manufacturing Company, Inc., American Industrial Company, Amber Steel, KJ Laser Micromachining.
The intelligent cutting head market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Cutting Head 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 Head Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Cutting Head 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 Head 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 Head Market Size & Forecast, 2018-2028
4.5.1 Intelligent Cutting Head Market Size and Y-o-Y Growth
4.5.2 Intelligent Cutting Head Market Absolute $ Opportunity
Chapter 5 Global Intelligent Cutting Head 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 Head Market Size Forecast by Type
5.2.1 Metal
5.2.2 Ceramics
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Cutting Head 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 Head Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Precision Technology
6.2.3 Machinery Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Cutting Head 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 Head 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 Head Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Cutting Head 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 Head Market Size Forecast by Type
9.6.1 Metal
9.6.2 Ceramics
9.6.3 Others
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 Head Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Precision Technology
9.10.3 Machinery Industry
9.10.4 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 Intelligent Cutting Head Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Cutting Head 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 Head Market Size Forecast by Type
10.6.1 Metal
10.6.2 Ceramics
10.6.3 Others
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 Head Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Precision Technology
10.10.3 Machinery Industry
10.10.4 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 Intelligent Cutting Head Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Cutting Head 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 Head Market Size Forecast by Type
11.6.1 Metal
11.6.2 Ceramics
11.6.3 Others
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 Head Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Precision Technology
11.10.3 Machinery Industry
11.10.4 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 Intelligent Cutting Head Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Cutting Head 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 Head Market Size Forecast by Type
12.6.1 Metal
12.6.2 Ceramics
12.6.3 Others
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 Head Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Precision Technology
12.10.3 Machinery Industry
12.10.4 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) Intelligent Cutting Head Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Cutting Head 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 Head Market Size Forecast by Type
13.6.1 Metal
13.6.2 Ceramics
13.6.3 Others
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 Head Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Precision Technology
13.10.3 Machinery Industry
13.10.4 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 Intelligent Cutting Head Market: Competitive Dashboard
14.2 Global Intelligent Cutting Head Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PRECITEC
14.3.2 Bodor
14.3.3 Friendess Co.,Ltd
14.3.4 Shenzhen WSX Technology Co., Ltd.
14.3.5 HSG Laser
14.3.6 Great Lakes Engineering, Inc.
14.3.7 Remaly Manufacturing Company, Inc.
14.3.8 American Industrial Company
14.3.9 Amber Steel
14.3.10 KJ Laser Micromachining
