Market Overview:
The global jewelry cutting machines market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for customized jewelry and rising awareness about the benefits of using jewelry cutting machines. Based on type, the global jewelry cutting machines market is segmented into laser cutting and CNC (computer numerical control) Cutting. Laser Cutting accounted for a larger share of the global market in 2017 and is expected to maintain its dominance during the forecast period owing to its advantages such as high precision, faster speed, and low cost. However, CNC Cutting is projected to grow at a higher rate than laser cutting during the forecast period due to its ability to cut various types of materials including metals, plastics, composites etc., with high accuracy. On basis of application, ring was observed as one of most commonly used product by consumers across different regions in 2017; however necklace was observed as fastest growing application segment with highest CAGR over 2018-2030 owing increased demand from female consumers across different regions globally . Other applications include earrings bracelets etc which are also witnessing significant growth rates over next decade . Regionally North America accounted largest revenue generating region in 2017 followed by Europe Asia Pacific while MEA & LAC are projected exhibit highest growth rates respectively over next decade .
Product Definition:
A jewelry cutting machine is a device used to cut and shape pieces of metal jewelry. They can be used to cut through sheet metal, wire, or tubing, and can be used to create a variety of shapes in jewelry.
Laser Cutting:
Laser cutting is a process of producing shapes and designs from solid or metal by using concentrated light energy beams. The technology is used in various applications such as engraving, marking, and cutting on numerous materials like glass, ceramic tiles, plastics & metals. It can be used for both commercial & residential purposes; however it requires proper licensing and expertise to operate the equipment at industrial levels.
CNC Cuttimg:
CNC (Computer Numerical Control) is an electronic control system used to cut materials such as metals, wood, and glass. CNC machines are highly accurate and efficient in cutting complex shapes and designs from raw material. The technology has evolved over the years; currently, most modern CNCs can produce cuts up to 24-carat gold or 14 kt. platinum with high precision.
Application Insights:
The ring application segment led the global jewelry cutting machines market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to rising demand for rings as wedding bands and engagement rings among all age groups across the world, including millennials, gen X, baby boomers and generation Z.
The bracelet application segment is expected to witness significant growth over the next eight years owing to its versatility in designs, fabrication methods and materials used by jewelers worldwide. Moreover, increasing popularity of customized product designs that are made using precious metal or gemstones coupled with advanced production technologies will further propel industry expansion during this period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for customized jewelry, rising popularity of personalized jewelry, and growing preference for unique designs among consumers from different countries. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels and changing lifestyles of consumers in developing economies including China and India.
Europe accounted for a significant share in terms of volume as well as revenue due to high demand from several key markets including Germany, U.K.
Growth Factors:
- Increasing demand for customized jewelry: The global jewelry market is expected to grow at a CAGR of 5.8% from 2016 to 2020. This growth can be attributed to the increasing demand for customized jewelry, especially in developed countries. Jewelry cutting machines are used to customize the shape and size of gemstones and other precious stones, which is driving their demand in the market.
- Technological advancements: The development of new technologies has led to the introduction of innovative and advanced jewelry cutting machines in the market. These machines are equipped with features that help improve productivity and efficiency while reducing wastage. This is resulting in an increase in their adoption by jewelers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Jewelry Cutting Machines Market Research Report
By Type
Laser Cutting, CNC Cuttimg
By Application
Ring, Necklace, Earring, Bracelet, Other
By Companies
Trumpf, Trotec Laser, LaserStar, Rofin, XTLASER, Tronex, Maltz Auctions, Coherent, ZHSH, Jialian Laser, Ningbo Carv Automation Technology, Amol Dies Maker, Huachuang Lingdian CNC
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Jewelry Cutting Machines Market Report Segments:
The global Jewelry Cutting Machines market is segmented on the basis of:
Types
Laser Cutting, CNC Cuttimg
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
Ring, Necklace, Earring, Bracelet, 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:
- Trumpf
- Trotec Laser
- LaserStar
- Rofin
- XTLASER
- Tronex
- Maltz Auctions
- Coherent
- ZHSH
- Jialian Laser
- Ningbo Carv Automation Technology
- Amol Dies Maker
- Huachuang Lingdian CNC
Highlights of The Jewelry 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:
- Laser Cutting
- CNC Cuttimg
- By Application:
- Ring
- Necklace
- Earring
- Bracelet
- 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 Jewelry 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?
Jewelry cutting machines are used to cut the metal pieces of jewelry into desired shapes. They come in a variety of sizes and can be operated by hand or with power tools.
Some of the key players operating in the jewelry cutting machines market are Trumpf, Trotec Laser, LaserStar, Rofin, XTLASER, Tronex, Maltz Auctions, Coherent, ZHSH, Jialian Laser, Ningbo Carv Automation Technology, Amol Dies Maker, Huachuang Lingdian CNC.
The jewelry cutting machines market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Jewelry Cutting Machines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Jewelry Cutting Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Jewelry Cutting Machines Market - Supply Chain
4.5. Global Jewelry Cutting Machines Market Forecast
4.5.1. Jewelry Cutting Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Jewelry Cutting Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Jewelry Cutting Machines Market Absolute $ Opportunity
5. Global Jewelry Cutting Machines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Jewelry Cutting Machines Market Size and Volume Forecast by Type
5.3.1. Laser Cutting
5.3.2. CNC Cuttimg
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Jewelry Cutting Machines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Jewelry Cutting Machines Market Size and Volume Forecast by Application
6.3.1. Ring
6.3.2. Necklace
6.3.3. Earring
6.3.4. Bracelet
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Jewelry Cutting Machines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Jewelry Cutting Machines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Jewelry Cutting Machines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Jewelry Cutting Machines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Jewelry Cutting Machines Demand Share Forecast, 2019-2026
9. North America Jewelry Cutting Machines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Jewelry Cutting Machines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Jewelry Cutting Machines Market Size and Volume Forecast by Application
9.4.1. Ring
9.4.2. Necklace
9.4.3. Earring
9.4.4. Bracelet
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Jewelry Cutting Machines Market Size and Volume Forecast by Type
9.7.1. Laser Cutting
9.7.2. CNC Cuttimg
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Jewelry Cutting Machines Demand Share Forecast, 2019-2026
10. Latin America Jewelry Cutting Machines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Jewelry Cutting Machines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Jewelry Cutting Machines Market Size and Volume Forecast by Application
10.4.1. Ring
10.4.2. Necklace
10.4.3. Earring
10.4.4. Bracelet
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Jewelry Cutting Machines Market Size and Volume Forecast by Type
10.7.1. Laser Cutting
10.7.2. CNC Cuttimg
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Jewelry Cutting Machines Demand Share Forecast, 2019-2026
11. Europe Jewelry Cutting Machines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Jewelry Cutting Machines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Jewelry Cutting Machines Market Size and Volume Forecast by Application
11.4.1. Ring
11.4.2. Necklace
11.4.3. Earring
11.4.4. Bracelet
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Jewelry Cutting Machines Market Size and Volume Forecast by Type
11.7.1. Laser Cutting
11.7.2. CNC Cuttimg
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Jewelry Cutting Machines Demand Share, 2019-2026
12. Asia Pacific Jewelry Cutting Machines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Jewelry Cutting Machines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Jewelry Cutting Machines Market Size and Volume Forecast by Application
12.4.1. Ring
12.4.2. Necklace
12.4.3. Earring
12.4.4. Bracelet
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Jewelry Cutting Machines Market Size and Volume Forecast by Type
12.7.1. Laser Cutting
12.7.2. CNC Cuttimg
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Jewelry Cutting Machines Demand Share, 2019-2026
13. Middle East & Africa Jewelry Cutting Machines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Jewelry Cutting Machines Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Jewelry Cutting Machines Market Size and Volume Forecast by Application
13.4.1. Ring
13.4.2. Necklace
13.4.3. Earring
13.4.4. Bracelet
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Jewelry Cutting Machines Market Size and Volume Forecast by Type
13.7.1. Laser Cutting
13.7.2. CNC Cuttimg
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Jewelry Cutting Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Jewelry Cutting Machines Market: Market Share Analysis
14.2. Jewelry Cutting Machines Distributors and Customers
14.3. Jewelry Cutting Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trumpf
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trotec Laser
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LaserStar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rofin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. XTLASER
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tronex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Maltz Auctions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Coherent
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ZHSH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jialian Laser
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ningbo Carv Automation Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Amol Dies Maker
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Huachuang Lingdian CNC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
