Market Overview:
The global metal cutting machine 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 metal cutting machines from various end-use industries, such as aerospace and defense, automotive, shipbuilding, construction, and others. In addition, technological advancements in metal cutting machines are also contributing to the growth of this market. Based on type, the global metal cutting machine market is segmented into plasma cutting machine, laser cutting machine, and high pressure water jet cutter.
Product Definition:
A metal cutting machine is a tool that is used to cut metal. It can be used to cut straight lines or curves. The importance of a metal cutting machine is that it allows you to create shapes and designs in metal that would be difficult or impossible to do by hand.
Plasma Cutting Machine:
Plasma cutting machine is a device that uses a gas, usually hydrogen or krypton, which is ionized and heated to extremely high temperatures. The plasma cuts the material by producing an extremely hot blade that cuts through the material like butter. It can cut almost any metal up to 5/16 inch thickness with very high accuracy and precision.
Laser Cutting Machine:
A laser cutting machine is a tool that emits light on to the work piece and then uses this light energy to cut the material. The beam of light is generated by a high powered source of electrical energy. A high powered source may consist of several lasers or one or more electric lamps connected together. The working principle behind it is based on the stimulated emission of radiation (SEr).
The SEr effect helps in cutting materials like glass, ceramics, plastics,.
Application Insights:
The automotive segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of electric vehicles, which require high-quality metal cutting machines for manufacturing body panels and other components.
Automotive OEMs such as Ford Motor Company, General Motors Company, FCA Group LLC., Toyota Motor Corporation have announced plans to introduce new electric vehicles with higher battery capacity that are manufactured using high-tech materials, thereby driving the demand for metal cutting machines in this sector. In addition, rising demand from component manufacturers including Continental AG., horning Limited., Valeo S.A., ball bearings Corporation is expected to fuel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global metal cutting machine market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from automotive, construction, and others industries. In addition, rising investments by governments in developing countries such as China and India are anticipated to boost industry growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high penetration of laser cutters on account of their flexibility offered by these machines along with growing applications within aerospace and defense sector across European countries including Germany, France UK is expected drive regional growth during the forecast period.
Growth Factors:
- Increasing demand for metal cutting machines from the automotive and aerospace industries due to the growth of these sectors.
- Rising demand for customized metal cutting machines from small and medium enterprises (SMEs).
- Growing adoption of metal cutting machines in the construction industry to fabricate structural steel components.
- Increasing use of metal cutting machines in precision engineering applications to manufacture high-precision parts and components.
- Technological advancements in metal cutting machine design and manufacturing that improve performance, accuracy, and efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Cutting Machine Market Research Report
By Type
Plasma Cutting Machine, Laser Cutting Machine, High Pressure Water Jet Cutting Machine
By Application
Aerospace and Defense, Automotive, Shipbuilding, Construction, Others
By Companies
Bystronic, Coherent, Colfax, Komatsu, Nissan Tanaka, Trumpf, Amada, Baileigh International, Denobat Group, Eagle Bending Machines, Bystronic, ESAB, Eurolaser, Hypertherm, IPG Photonics
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Metal Cutting Machine Market Report Segments:
The global Metal Cutting Machine market is segmented on the basis of:
Types
Plasma Cutting Machine, Laser Cutting Machine, High Pressure Water Jet 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
Aerospace and Defense, Automotive, Shipbuilding, Construction, 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:
- Bystronic
- Coherent
- Colfax
- Komatsu
- Nissan Tanaka
- Trumpf
- Amada
- Baileigh International
- Denobat Group
- Eagle Bending Machines
- Bystronic
- ESAB
- Eurolaser
- Hypertherm
- IPG Photonics
Highlights of The Metal Cutting Machine 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:
- Plasma Cutting Machine
- Laser Cutting Machine
- High Pressure Water Jet Cutting Machine
- By Application:
- Aerospace and Defense
- Automotive
- Shipbuilding
- Construction
- 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 Metal Cutting Machine 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?
A metal cutting machine is a machine that is used to cut metal. It typically has a series of blades that move along the surface of the metal, and it can be used to make cuts in different shapes and sizes.
Some of the key players operating in the metal cutting machine market are Bystronic, Coherent, Colfax, Komatsu, Nissan Tanaka, Trumpf, Amada, Baileigh International, Denobat Group, Eagle Bending Machines, Bystronic, ESAB, Eurolaser, Hypertherm, IPG Photonics.
The metal cutting machine 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 Metal Cutting Machine 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 Metal Cutting Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Cutting Machine 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 Metal Cutting Machine 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 Metal Cutting Machine Market Size & Forecast, 2018-2028
4.5.1 Metal Cutting Machine Market Size and Y-o-Y Growth
4.5.2 Metal Cutting Machine Market Absolute $ Opportunity
Chapter 5 Global Metal Cutting Machine 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 Metal Cutting Machine Market Size Forecast by Type
5.2.1 Plasma Cutting Machine
5.2.2 Laser Cutting Machine
5.2.3 High Pressure Water Jet Cutting Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Cutting Machine 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 Metal Cutting Machine Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Automotive
6.2.3 Shipbuilding
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Cutting Machine 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 Metal Cutting Machine 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 Metal Cutting Machine Analysis and Forecast
9.1 Introduction
9.2 North America Metal Cutting Machine 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 Metal Cutting Machine Market Size Forecast by Type
9.6.1 Plasma Cutting Machine
9.6.2 Laser Cutting Machine
9.6.3 High Pressure Water Jet 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 Metal Cutting Machine Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Automotive
9.10.3 Shipbuilding
9.10.4 Construction
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 Metal Cutting Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Cutting Machine 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 Metal Cutting Machine Market Size Forecast by Type
10.6.1 Plasma Cutting Machine
10.6.2 Laser Cutting Machine
10.6.3 High Pressure Water Jet 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 Metal Cutting Machine Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Automotive
10.10.3 Shipbuilding
10.10.4 Construction
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 Metal Cutting Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Cutting Machine 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 Metal Cutting Machine Market Size Forecast by Type
11.6.1 Plasma Cutting Machine
11.6.2 Laser Cutting Machine
11.6.3 High Pressure Water Jet 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 Metal Cutting Machine Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Automotive
11.10.3 Shipbuilding
11.10.4 Construction
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 Metal Cutting Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Cutting Machine 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 Metal Cutting Machine Market Size Forecast by Type
12.6.1 Plasma Cutting Machine
12.6.2 Laser Cutting Machine
12.6.3 High Pressure Water Jet 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 Metal Cutting Machine Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Automotive
12.10.3 Shipbuilding
12.10.4 Construction
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) Metal Cutting Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Cutting Machine 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) Metal Cutting Machine Market Size Forecast by Type
13.6.1 Plasma Cutting Machine
13.6.2 Laser Cutting Machine
13.6.3 High Pressure Water Jet 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) Metal Cutting Machine Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Automotive
13.10.3 Shipbuilding
13.10.4 Construction
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 Metal Cutting Machine Market: Competitive Dashboard
14.2 Global Metal Cutting Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bystronic
14.3.2 Coherent
14.3.3 Colfax
14.3.4 Komatsu
14.3.5 Nissan Tanaka
14.3.6 Trumpf
14.3.7 Amada
14.3.8 Baileigh International
14.3.9 Denobat Group
14.3.10 Eagle Bending Machines
14.3.11 Bystronic
14.3.12 ESAB
14.3.13 Eurolaser
14.3.14 Hypertherm
14.3.15 IPG Photonics
