Market Overview:
The global modular 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 modular cutting machine market can be attributed to the increasing demand for precision and high-quality products across different industries. The other type segment is expected to grow at a higher CAGR than other types during the forecast period, owing to its ability to cut various materials with high accuracy and precision. Among applications, metal is expected to hold the largest share of the global modular cutting machine market during the forecast period, followed by plastic and glass.
Product Definition:
A modular cutting machine is a device that uses a blade or other type of sharp implement to cut materials into specific shapes and sizes. The importance of modular cutting machines lies in their ability to quickly and easily create customized pieces from large sheets of material. This can be especially helpful for businesses that need to produce small quantities of customized products on-demand.
Water Knife:
Water knife is a device that uses water as a cutting medium. It is also known as hydro-slashing or water jet cutting. The device works by directing a high pressure stream of water at the work piece with high velocity and at an angle, which helps to cut through the material easily while reducing wastage of materials and time.
The process does not require any other energy source apart from that provided by the pressurized stream itself, making it eco-friendly in nature.
Laser:
Laser is a tool that produces light by the means of optical fiber, free electron laser or solid state laser. It can be used in various applications such as welding, cutting and engraving materials. The modular cutting machine uses lasers for performing several functions from drilling to precise shaping and machining parts with high accuracy.
Advantages of using Laser over conventional tools include reduced cycle time, improved quality and increased production rates among others.
Application Insights:
The metal application segment dominated the global modular cutting machine market in 2017. The segment is expected to witness a CAGR of XX% over the forecast period owing to increasing demand for metals from various end-use industries such as construction, automotive and transportation, and electrical & electronics among others. Modular machines are used for cutting different types of metals including aluminum, steel, magnesium alloys etc., which require high precision and control during manufacturing processes.
Metal is one of the important components in many modern appliances; thus its production has increased significantly over the past few years due to availability of low cost labor across major regions in the world such as Asia Pacific and Latin America among other places where industrialization has taken place relatively recently compared to Europe or North America.
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. Moreover, these nations are also developing smart cities initiative for sustainable development through technological advancement.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for modular cutting machines from the automotive and aerospace industries due to the growing need for advanced manufacturing technologies.
- Rising demand for high-performance modular cutting machines from small and medium-sized enterprises (SMEs) due to the increasing popularity of flexible manufacturing systems.
- Growing investments in research and development activities by leading modular cutting machine manufacturers to develop innovative products and solutions that meet the changing needs of their customers.
- Proliferation of online sales channels by modular cutting machine manufacturers, which is helping them reach a wider customer base across different geographies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Modular Cutting Machine Market Research Report
By Type
Water Knife, Laser, Oxyacetylene, Other
By Application
Metal, Plastic, Glass, Ceramic, Other
By Companies
BLM GROUP, CMS Industries, Eastman Machine Company, ERASER, ERMAKSAN, Isolcell, KAAST Machine Tools, Koike, Marel France, Metzner Maschinenbau, BLM GROUP, Suzhou Lead Laser Technology, TCI CUTTING, TRUMPF Laser Technology
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Modular Cutting Machine Market Report Segments:
The global Modular Cutting Machine market is segmented on the basis of:
Types
Water Knife, Laser, Oxyacetylene, Other
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
Metal, Plastic, Glass, Ceramic, 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:
- BLM GROUP
- CMS Industries
- Eastman Machine Company
- ERASER
- ERMAKSAN
- Isolcell
- KAAST Machine Tools
- Koike
- Marel France
- Metzner Maschinenbau
- BLM GROUP
- Suzhou Lead Laser Technology
- TCI CUTTING
- TRUMPF Laser Technology
Highlights of The Modular 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:
- Water Knife
- Laser
- Oxyacetylene
- Other
- By Application:
- Metal
- Plastic
- Glass
- Ceramic
- 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 Modular 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 modular cutting machine is a type of CNC milling machine that can be customized to produce parts with specific shapes and sizes. This makes it ideal for manufacturing custom components or products.
Some of the key players operating in the modular cutting machine market are BLM GROUP, CMS Industries, Eastman Machine Company, ERASER, ERMAKSAN, Isolcell, KAAST Machine Tools, Koike, Marel France, Metzner Maschinenbau, BLM GROUP, Suzhou Lead Laser Technology, TCI CUTTING, TRUMPF Laser Technology.
The modular 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 Modular 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 Modular Cutting Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modular 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 Modular 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 Modular Cutting Machine Market Size & Forecast, 2020-2028
4.5.1 Modular Cutting Machine Market Size and Y-o-Y Growth
4.5.2 Modular Cutting Machine 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 Water Knife
5.2.2 Laser
5.2.3 Oxyacetylene
5.2.4 Other
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 Metal
6.2.2 Plastic
6.2.3 Glass
6.2.4 Ceramic
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modular 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 Modular 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 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 Water Knife
9.6.2 Laser
9.6.3 Oxyacetylene
9.6.4 Other
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 Metal
9.10.2 Plastic
9.10.3 Glass
9.10.4 Ceramic
9.10.5 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 Water Knife
10.6.2 Laser
10.6.3 Oxyacetylene
10.6.4 Other
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 Metal
10.10.2 Plastic
10.10.3 Glass
10.10.4 Ceramic
10.10.5 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 Water Knife
11.6.2 Laser
11.6.3 Oxyacetylene
11.6.4 Other
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 Metal
11.10.2 Plastic
11.10.3 Glass
11.10.4 Ceramic
11.10.5 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 Water Knife
12.6.2 Laser
12.6.3 Oxyacetylene
12.6.4 Other
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 Metal
12.10.2 Plastic
12.10.3 Glass
12.10.4 Ceramic
12.10.5 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 Water Knife
13.6.2 Laser
13.6.3 Oxyacetylene
13.6.4 Other
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 Metal
13.10.2 Plastic
13.10.3 Glass
13.10.4 Ceramic
13.10.5 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 Modular Cutting Machine Market: Competitive Dashboard
14.2 Global Modular Cutting Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BLM GROUP
14.3.2 CMS Industries
14.3.3 Eastman Machine Company
14.3.4 ERASER
14.3.5 ERMAKSAN
14.3.6 Isolcell
14.3.7 KAAST Machine Tools
14.3.8 Koike
14.3.9 Marel France
14.3.10 Metzner Maschinenbau
14.3.11 BLM GROUP
14.3.12 Suzhou Lead Laser Technology
14.3.13 TCI CUTTING
14.3.14 TRUMPF Laser Technology
