Market Overview:
The global vertical 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 vertical cutting machines in various industries such as food and beverages, apparel, paper, automotive and others. Additionally, the growing demand for high-quality products has led to an increase in investments by manufacturers in advanced vertical cutting machines that offer superior performance and accuracy.
Product Definition:
Vertical cutting machines are used to cut materials vertically, typically using a blade or other type of sharp tool. They are often used in manufacturing and construction contexts, where they can be employed to create straight cuts in materials like metal or concrete. Vertical cutting machines can be extremely important for creating clean, accurate cuts in a variety of different materials.
Manual Vertical Cutting Machine:
Manual vertical cutting machine is used to cut the material in a fixed position. It's operation depends on the weight of material, speed of feed and gravity. The product can be either stationary or moving through the air or floor space depending upon application requirements. Vertical cutting machines are widely used for newspapers, cardboard, paper & cardboards packaging materials and corrugated boards among others.
Automatic Vertical Cutting Machine:
The automatic vertical cutting machine is used in the industry for cutting different types of materials such as paper, cardboards, and plastics. It is also applicable to cut metals such as steel and aluminum. The working principle of the automatic vertical cutting machine depends on a reciprocating mechanism that moves up and down with respect to the material being cut.
Application Insights:
The food and beverages application segment led the global vertical cutting machines market in 2017. The application is projected to witness a CAGR of XX% over the forecast period owing to rising demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and bakery products. Vertical cutting machines are used for slicing fruits and vegetables as well as cheese at desired thicknesses.
The apparel segment accounted for more than 15% of the overall revenue share in 2017 due to increasing demand from major textile producing countries such as China India Bangladesh etcetera on account of growing middle class population coupled with high consumer spending capacity in emerging economies such as China India Bangladesh etcetera has resulted into increased utilization of textiles which is further processed into fabrics.
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 vertical cutting machines from countries such as China, India, Japan, and South Korea. These countries are majorly contributing towards product demand owing to rising industrialization along with rapid urbanization that has led to increased construction activities.
The Asia Pacific regional market is also driven by growing population coupled with rising disposable income especially in developing economies such as China and India which have a high potential for growth due to their large manufacturing base of food processing machinery, automotive components & raw materials used in textile & clothing industry among others. This factor will further boost the product demand over the forecast period.
Europe accounted for more than 20% share of global revenue in 2017 owing to high consumption from Germany (automotive), Italy (food processing), U.K.
Growth Factors:
- Increasing demand for high quality and precision products from end-use industries is expected to drive the growth of the vertical cutting machines market over the forecast period.
- Rising demand for technologically advanced and automated machines is another key factor that is expected to fuel the growth of this market in the near future.
- Growing popularity of single-point machining processes across various industrial sectors is anticipated to boost the demand for vertical cutting machines in the next few years.
- Rapid expansion of automotive, aerospace, and metal fabrication industries worldwide is likely to create lucrative opportunities for players operating in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Cutting Machines Market Research Report
By Type
Manual Vertical Cutting Machine, Automatic Vertical Cutting Machine
By Application
Food and Beverages, Apparel, Paper, Automotive, Others
By Companies
AlliedTech, Alpha Nov Laser, Coherent, DPSS Laser, IPG Photonics, Tuff Industries, Italian Cutting Systems, Sunkist Chemical Machinery, Asco, AlliedTech
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Cutting Machines Market Report Segments:
The global Vertical Cutting Machines market is segmented on the basis of:
Types
Manual Vertical Cutting Machine, Automatic Vertical 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
Food and Beverages, Apparel, Paper, Automotive, 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:
- AlliedTech
- Alpha Nov Laser
- Coherent
- DPSS Laser
- IPG Photonics
- Tuff Industries
- Italian Cutting Systems
- Sunkist Chemical Machinery
- Asco
- AlliedTech
Highlights of The Vertical 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 Vertical Cutting Machine
- Automatic Vertical Cutting Machine
- By Application:
- Food and Beverages
- Apparel
- Paper
- Automotive
- 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 Vertical 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
- 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?
Vertical cutting machines are used to cut materials vertically. They can be used for a variety of purposes, including fabricating parts, producing products from sheets or fabrics, and more.
Some of the major players in the vertical cutting machines market are AlliedTech, Alpha Nov Laser, Coherent, DPSS Laser, IPG Photonics, Tuff Industries, Italian Cutting Systems, Sunkist Chemical Machinery, Asco, AlliedTech.
The vertical cutting machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vertical 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 Vertical Cutting Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vertical 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 Vertical 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 Vertical Cutting Machines Market Size & Forecast, 2018-2028
4.5.1 Vertical Cutting Machines Market Size and Y-o-Y Growth
4.5.2 Vertical Cutting Machines Market Absolute $ Opportunity
Chapter 5 Global Vertical 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 Vertical Cutting Machines Market Size Forecast by Type
5.2.1 Manual Vertical Cutting Machine
5.2.2 Automatic Vertical Cutting Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vertical 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 Vertical Cutting Machines Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Apparel
6.2.3 Paper
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vertical 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 Vertical 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 Vertical Cutting Machines Analysis and Forecast
9.1 Introduction
9.2 North America Vertical 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 Vertical Cutting Machines Market Size Forecast by Type
9.6.1 Manual Vertical Cutting Machine
9.6.2 Automatic Vertical 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 Vertical Cutting Machines Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Apparel
9.10.3 Paper
9.10.4 Automotive
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 Vertical Cutting Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Vertical 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 Vertical Cutting Machines Market Size Forecast by Type
10.6.1 Manual Vertical Cutting Machine
10.6.2 Automatic Vertical 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 Vertical Cutting Machines Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Apparel
10.10.3 Paper
10.10.4 Automotive
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 Vertical Cutting Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vertical 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 Vertical Cutting Machines Market Size Forecast by Type
11.6.1 Manual Vertical Cutting Machine
11.6.2 Automatic Vertical 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 Vertical Cutting Machines Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Apparel
11.10.3 Paper
11.10.4 Automotive
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 Vertical Cutting Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Vertical 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 Vertical Cutting Machines Market Size Forecast by Type
12.6.1 Manual Vertical Cutting Machine
12.6.2 Automatic Vertical 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 Vertical Cutting Machines Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Apparel
12.10.3 Paper
12.10.4 Automotive
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) Vertical Cutting Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vertical 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) Vertical Cutting Machines Market Size Forecast by Type
13.6.1 Manual Vertical Cutting Machine
13.6.2 Automatic Vertical 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) Vertical Cutting Machines Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Apparel
13.10.3 Paper
13.10.4 Automotive
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 Vertical Cutting Machines Market: Competitive Dashboard
14.2 Global Vertical Cutting Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AlliedTech
14.3.2 Alpha Nov Laser
14.3.3 Coherent
14.3.4 DPSS Laser
14.3.5 IPG Photonics
14.3.6 Tuff Industries
14.3.7 Italian Cutting Systems
14.3.8 Sunkist Chemical Machinery
14.3.9 Asco
14.3.10 AlliedTech
