Market Overview:
The global torch cutting machines 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 automated machines in various industries, such as sheet metal cutting, pipe cutting, and others. Additionally, the growing demand for imitation shape cutting machines is also propelling the growth of this market. However, factors such as high initial investment and maintenance cost may restrain the growth of this market to some extent during the forecast period. On basis of type, manual torch cutting machines held a major share in 2017 and is projected to maintain its dominance throughout the forecast period. This can be attributed to their low price and easy operability as compared with other types of torch cutting machines available in the market.
Product Definition:
Torch cutting machines are used to cut through metal using a flame. They are often used for large pieces of metal that would be difficult or impossible to cut with other methods. Torch cutting machines are important because they allow people to easily and quickly cut through large pieces of metal.
Manual Cutting Machines:
Manual cutting machines are used to cut the metal sheets or bars in a controlled manner. The material is positioned between two hardened steel discs that are rotating at high speed. The discs act as a grinding wheel, which cuts the metal by friction and also forms an edge on both sides of the material thus producing two pieces from one sheet.
Semi-automatic Cutting Machines:
Semi-automatic cutting machines are used in the manufacturing of torch cutting machines. It is a type of automatic tooling that uses two or more independently moving parts to perform the operation of cutting, drilling, or grinding. The machine can be switched between manual and automatic modes by using a footswitch or remote control.
The semi-automatic equipment has several advantages over traditional automatic tools; it requires less initial investment as there is no need for expensive programmed microprocessors.
Application Insights:
The global market has been segmented into two applications, namely sheet metal cutting and pipe cutting. In 2017, the sheet metal cutting application dominated the market with a share of over 60.0% in terms of revenue. The growth can be attributed to increasing demand for vehicles and construction activities across the globe. Moreover, technological advancements in CNC machines have enabled their use for complex shapes such as pipes which is expected to propel industry growth over the forecast period.
In terms of revenue, pipe Cutting was estimated to be worth USD 544 million in 2017 on account of growing demand from various industries including oil & gas.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for CNC machines from China, India, Japan, South Korea and Taiwan. In addition, rising investments by foreign players such as Siemens AG; Kuka AG; Mitsubishi Electric Corporation; Hyundai Heavy Industries Co., Ltd.; Kawasaki Heavy Industries Ltd.; and others are anticipated to fuel the regional market growth over the next eight years.
The European region accounted for a significant share in terms of revenue owing to high demand from Germany, Italy and France among other Eastern European countries including Russia.
Growth Factors:
- Increasing demand for advanced and customized Torch Cutting Machines from the automotive and aerospace industries.
- Growing popularity of laser-based Torch Cutting Machines owing to their high precision and accuracy.
- Rising investments in research and development activities for innovative Torch Cutting Machines technologies.
- Proliferation of online sales channels that offer a wider selection of Torch Cutting Machines at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Torch Cutting Machines Market Research Report
By Type
Manual Cutting Machines, Semi-automatic Cutting Machines, Imitation Shape Cutting Machines, CNC Cutting Machines
By Application
Sheet Metal Cutting, Pipe Cutting, Others
By Companies
Messer Group, KOIKE GROUP, Mass Cutting Systems, BUG-O SYSTEMS, ARCBRO Ltd, Soitaab Impianti S.r.l., SteelTailor, Victor Technologies, Technocrats Plasma Systems Private Limited, Th. Wortelboer B.V., Messer Group, Herbert Arnold, Shanghai Huawei Welding & Cutting Machine, Shanghai TAYOR Heavy Industry Group, Dalian Honeybee CNC 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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Torch Cutting Machines Market Report Segments:
The global Torch Cutting Machines market is segmented on the basis of:
Types
Manual Cutting Machines, Semi-automatic Cutting Machines, Imitation Shape Cutting Machines, CNC Cutting Machines
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
Sheet Metal Cutting, Pipe Cutting, 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:
- Messer Group
- KOIKE GROUP
- Mass Cutting Systems
- BUG-O SYSTEMS
- ARCBRO Ltd
- Soitaab Impianti S.r.l.
- SteelTailor
- Victor Technologies
- Technocrats Plasma Systems Private Limited
- Th. Wortelboer B.V.
- Messer Group
- Herbert Arnold
- Shanghai Huawei Welding & Cutting Machine
- Shanghai TAYOR Heavy Industry Group
- Dalian Honeybee CNC Equipment
Highlights of The Torch Cutting Machines 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:
- Manual Cutting Machines
- Semi-automatic Cutting Machines
- Imitation Shape Cutting Machines
- CNC Cutting Machines
- By Application:
- Sheet Metal Cutting
- Pipe Cutting
- 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 Torch Cutting Machines 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
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- 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?
Torch cutting machines are used to cut metal sheets into desired shapes. They use a torch to heat up the metal, which then causes it to bend and cut.
Some of the key players operating in the torch cutting machines market are Messer Group, KOIKE GROUP, Mass Cutting Systems, BUG-O SYSTEMS, ARCBRO Ltd, Soitaab Impianti S.r.l., SteelTailor, Victor Technologies, Technocrats Plasma Systems Private Limited, Th. Wortelboer B.V., Messer Group, Herbert Arnold, Shanghai Huawei Welding & Cutting Machine, Shanghai TAYOR Heavy Industry Group, Dalian Honeybee CNC Equipment.
The torch cutting machines 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 Torch Cutting Machines 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 Torch Cutting Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Torch Cutting Machines 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 Torch Cutting Machines 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 Torch Cutting Machines Market Size & Forecast, 2018-2028
4.5.1 Torch Cutting Machines Market Size and Y-o-Y Growth
4.5.2 Torch Cutting Machines Market Absolute $ Opportunity
Chapter 5 Global Torch Cutting Machines 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 Torch Cutting Machines Market Size Forecast by Type
5.2.1 Manual Cutting Machines
5.2.2 Semi-automatic Cutting Machines
5.2.3 Imitation Shape Cutting Machines
5.2.4 CNC Cutting Machines
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Torch Cutting Machines 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 Torch Cutting Machines Market Size Forecast by Applications
6.2.1 Sheet Metal Cutting
6.2.2 Pipe Cutting
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Torch Cutting Machines 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 Torch Cutting Machines 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 Torch Cutting Machines Analysis and Forecast
9.1 Introduction
9.2 North America Torch Cutting Machines 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 Torch Cutting Machines Market Size Forecast by Type
9.6.1 Manual Cutting Machines
9.6.2 Semi-automatic Cutting Machines
9.6.3 Imitation Shape Cutting Machines
9.6.4 CNC Cutting Machines
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 Torch Cutting Machines Market Size Forecast by Applications
9.10.1 Sheet Metal Cutting
9.10.2 Pipe Cutting
9.10.3 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 Torch Cutting Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Torch Cutting Machines 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 Torch Cutting Machines Market Size Forecast by Type
10.6.1 Manual Cutting Machines
10.6.2 Semi-automatic Cutting Machines
10.6.3 Imitation Shape Cutting Machines
10.6.4 CNC Cutting Machines
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 Torch Cutting Machines Market Size Forecast by Applications
10.10.1 Sheet Metal Cutting
10.10.2 Pipe Cutting
10.10.3 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 Torch Cutting Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Torch Cutting Machines 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 Torch Cutting Machines Market Size Forecast by Type
11.6.1 Manual Cutting Machines
11.6.2 Semi-automatic Cutting Machines
11.6.3 Imitation Shape Cutting Machines
11.6.4 CNC Cutting Machines
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 Torch Cutting Machines Market Size Forecast by Applications
11.10.1 Sheet Metal Cutting
11.10.2 Pipe Cutting
11.10.3 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 Torch Cutting Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Torch Cutting Machines 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 Torch Cutting Machines Market Size Forecast by Type
12.6.1 Manual Cutting Machines
12.6.2 Semi-automatic Cutting Machines
12.6.3 Imitation Shape Cutting Machines
12.6.4 CNC Cutting Machines
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 Torch Cutting Machines Market Size Forecast by Applications
12.10.1 Sheet Metal Cutting
12.10.2 Pipe Cutting
12.10.3 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) Torch Cutting Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Torch Cutting Machines 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) Torch Cutting Machines Market Size Forecast by Type
13.6.1 Manual Cutting Machines
13.6.2 Semi-automatic Cutting Machines
13.6.3 Imitation Shape Cutting Machines
13.6.4 CNC Cutting Machines
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) Torch Cutting Machines Market Size Forecast by Applications
13.10.1 Sheet Metal Cutting
13.10.2 Pipe Cutting
13.10.3 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 Torch Cutting Machines Market: Competitive Dashboard
14.2 Global Torch Cutting Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Messer Group
14.3.2 KOIKE GROUP
14.3.3 Mass Cutting Systems
14.3.4 BUG-O SYSTEMS
14.3.5 ARCBRO Ltd
14.3.6 Soitaab Impianti S.r.l.
14.3.7 SteelTailor
14.3.8 Victor Technologies
14.3.9 Technocrats Plasma Systems Private Limited
14.3.10 Th. Wortelboer B.V.
14.3.11 Messer Group
14.3.12 Herbert Arnold
14.3.13 Shanghai Huawei Welding & Cutting Machine
14.3.14 Shanghai TAYOR Heavy Industry Group
14.3.15 Dalian Honeybee CNC Equipment
