Market Overview:
The global portable CNC cutting machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable CNC cutting machines from small fabrication shops and maintenance and repair shops, owing to their portability and easy operability. Additionally, the growing demand for plasma and oxy-fuel cutting machines is also propelling the growth of this market. However, factors such as high initial cost of these machines may restrain its adoption in certain regions.
Product Definition:
A portable CNC cutting machine is a computer numerical control (CNC) machine that can be easily transported to different job sites. This type of machine typically has a smaller footprint and lower weight than a traditional CNC machine, making it easier to move around. Portable CNC machines are often used for fabricating items such as parts or components for machinery, signs, and architectural features.
Plasma & Oxy-Fuel Cutting:
Plasma & oxy-fuel cutting, it's usage.
The plasma & oxy-fuel technology is used to cut steel or other hard materials. The process takes place with the use of high temperature plasmas that are generated by electrical energy applied to a gas (generally nitrogen) which is then used to heat up a metal wire or rod which cuts the material.
Laser Cutting:
Laser cutting is a process of creating designs and patterns in materials by using concentrated light energy from lasers. The material that is to be cut must have an optical fiber running through it, which acts as a guide for the laser beam. This technology has been around for more than two decades but only recently has it started to gain widespread popularity due to its ability to create high-quality cuts at low cost and small size of the final product.
Application Insights:
The application segment is segregated into facilities and construction sites, maintenance and repair shops, small fabrication locations, and others. The other applications include automotive industry, aerospace industry, marine industry as well as medical equipment manufacturing. The utilization of portable CNC machines in the aforementioned industries is relatively less compared to the construction sector which forms a major part of the global portable CNC cutting machine market.
The maintenance and repair shops segment held around 40% share in terms of revenue on account of high demand for precision cutting tools particularly among heavy vehicle drivers who suffer from back injuries due to improper posture while driving for long durations which results into pain radiating down their spines thus making them susceptible to medical treatment at any given point in time leading to increased demand for portable CNC machines across the globe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for portable CNC machines from small and medium enterprises in China, India, and Japan. The growing manufacturing sector in these countries will drive product adoption across several industries including automotive, aerospace & defense, electrical & electronics among others.
The Asia Pacific market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period on account of rising investments by foreign players for tapping into untapped opportunities within this region. In addition, favorable government policies encouraging FDI are expected to open up new avenues for global portable CNC machine manufacturers over the next eight years.
Growth Factors:
- Increasing demand for customized products: The trend of customization is increasing day by day in the market. Consumers are looking for unique and customized products that meet their specific needs. This is driving the demand for portable CNC cutting machines, as they offer a high degree of flexibility and can be used to cut different types of materials according to the customer's requirements.
- Rising popularity of DIY projects: Home improvement projects have gained immense popularity in recent years, with people preferring to do them themselves instead of hiring professionals. This has led to an increase in the demand for portable CNC cutting machines, as they allow users to easily cut various materials at home without any specialized training or equipment.
- Growing use of digital fabrication technologies: With the advent of digital fabrication technologies such as 3D printing and laser cutting, there has been a surge in interest among consumers in making things themselves using these technologies rather than buying them from stores or online platforms. Portable CNC cutting machines are well-suited for this type of work and are thus seeing increasing demand from consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable CNC Cutting Machine Market Research Report
By Type
Plasma & Oxy-Fuel Cutting, Laser Cutting, Others
By Application
Facilities and Construction Sites, Maintenance and Repair Shops, Small Fabrication Shops, Others
By Companies
Steelmax, Esab, SteelTailor, Koike Aronson, Narexuae, Leeden Hercules, PROMOTECH, HGG Group, Dalian Honeybee CNC Equipment, SteelTailor, Arcbro, Shanghai CHD Welding & Cutting Equipment
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Portable CNC Cutting Machine Market Report Segments:
The global Portable CNC Cutting Machine market is segmented on the basis of:
Types
Plasma & Oxy-Fuel Cutting, Laser Cutting, 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
Facilities and Construction Sites, Maintenance and Repair Shops, Small Fabrication Shops, 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:
- Steelmax
- Esab
- SteelTailor
- Koike Aronson
- Narexuae
- Leeden Hercules
- PROMOTECH
- HGG Group
- Dalian Honeybee CNC Equipment
- SteelTailor
- Arcbro
- Shanghai CHD Welding & Cutting Equipment
Highlights of The Portable CNC 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 & Oxy-Fuel Cutting
- Laser Cutting
- Others
- By Application:
- Facilities and Construction Sites
- Maintenance and Repair Shops
- Small Fabrication Shops
- 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 Portable CNC 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 portable CNC cutting machine is a small, lightweight machine that can be moved from one location to another for use in manufacturing. It typically uses a computer-controlled system to make precise cuts in materials.
Some of the major companies in the portable cnc cutting machine market are Steelmax, Esab, SteelTailor, Koike Aronson, Narexuae, Leeden Hercules, PROMOTECH, HGG Group, Dalian Honeybee CNC Equipment, SteelTailor, Arcbro, Shanghai CHD Welding & Cutting Equipment.
The portable cnc 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 Portable CNC 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 Portable CNC Cutting Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable CNC 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 Portable CNC 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 Portable CNC Cutting Machine Market Size & Forecast, 2018-2028
4.5.1 Portable CNC Cutting Machine Market Size and Y-o-Y Growth
4.5.2 Portable CNC Cutting Machine Market Absolute $ Opportunity
Chapter 5 Global Portable CNC 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 Portable CNC Cutting Machine Market Size Forecast by Type
5.2.1 Plasma & Oxy-Fuel Cutting
5.2.2 Laser Cutting
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Portable CNC 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 Portable CNC Cutting Machine Market Size Forecast by Applications
6.2.1 Facilities and Construction Sites
6.2.2 Maintenance and Repair Shops
6.2.3 Small Fabrication Shops
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable CNC 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 Portable CNC 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 Portable CNC Cutting Machine Analysis and Forecast
9.1 Introduction
9.2 North America Portable CNC 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 Portable CNC Cutting Machine Market Size Forecast by Type
9.6.1 Plasma & Oxy-Fuel Cutting
9.6.2 Laser Cutting
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 Portable CNC Cutting Machine Market Size Forecast by Applications
9.10.1 Facilities and Construction Sites
9.10.2 Maintenance and Repair Shops
9.10.3 Small Fabrication Shops
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 Portable CNC Cutting Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Portable CNC 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 Portable CNC Cutting Machine Market Size Forecast by Type
10.6.1 Plasma & Oxy-Fuel Cutting
10.6.2 Laser Cutting
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 Portable CNC Cutting Machine Market Size Forecast by Applications
10.10.1 Facilities and Construction Sites
10.10.2 Maintenance and Repair Shops
10.10.3 Small Fabrication Shops
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 Portable CNC Cutting Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Portable CNC 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 Portable CNC Cutting Machine Market Size Forecast by Type
11.6.1 Plasma & Oxy-Fuel Cutting
11.6.2 Laser Cutting
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 Portable CNC Cutting Machine Market Size Forecast by Applications
11.10.1 Facilities and Construction Sites
11.10.2 Maintenance and Repair Shops
11.10.3 Small Fabrication Shops
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 Portable CNC Cutting Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Portable CNC 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 Portable CNC Cutting Machine Market Size Forecast by Type
12.6.1 Plasma & Oxy-Fuel Cutting
12.6.2 Laser Cutting
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 Portable CNC Cutting Machine Market Size Forecast by Applications
12.10.1 Facilities and Construction Sites
12.10.2 Maintenance and Repair Shops
12.10.3 Small Fabrication Shops
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) Portable CNC Cutting Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Portable CNC 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) Portable CNC Cutting Machine Market Size Forecast by Type
13.6.1 Plasma & Oxy-Fuel Cutting
13.6.2 Laser Cutting
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) Portable CNC Cutting Machine Market Size Forecast by Applications
13.10.1 Facilities and Construction Sites
13.10.2 Maintenance and Repair Shops
13.10.3 Small Fabrication Shops
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 Portable CNC Cutting Machine Market: Competitive Dashboard
14.2 Global Portable CNC Cutting Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Steelmax
14.3.2 Esab
14.3.3 SteelTailor
14.3.4 Koike Aronson
14.3.5 Narexuae
14.3.6 Leeden Hercules
14.3.7 PROMOTECH
14.3.8 HGG Group
14.3.9 Dalian Honeybee CNC Equipment
14.3.10 SteelTailor
14.3.11 Arcbro
14.3.12 Shanghai CHD Welding & Cutting Equipment
