openPR Logo
Press release

Global Cutting Equipment Market - Overview On Demanding Applications 2025

Cutting Equipment Market

Cutting Equipment Market

Persistence Market Research delivers key insights on the global cutting equipment and consumable/accessory market in its latest report titled 'Cutting Equipment Market: Global Industry Analysis (2012-2016) and Forecast (2017 - 2025)'. In this report, Persistence Market Research throws light on drivers and restraints likely to impact the market during the forecast period.

In the latest report by PMR on global cutting equipment market, the forecast has been revised until 2025. In 2017 was estimated to be US$ 3.6 Bn and is estimated to reach a value of over US$ 5 Bn by 2025 end. Owing to macro-economic growth factors (GDP, inflation, employment, spending) growth in the target market the market size has been revised for the entire forecast period.

CLICK HERE TO GET A SAMPLE REPORT (INCLUDING FULL TOC, TABLE & FIGURES) - https://www.persistencemarketresearch.com/samples/13255

A major factor driving the growth of the global cutting equipment market, in the present scenario, is strong growth of the automotive sector. Furthermore, growing constructional industry supported by global megatrend of urbanization is expected to boost the growth of the global market.

Moreover, promising demand from oil & gas industry, along with growing demand for cutting products from renewable energy industry are some of the factors which are estimated to drive the growth of global cutting equipment market during the forecast period.

However, the global cutting equipment market is expected to face some challenges. Slow adoption of advanced cutting technologies and high operating cost to remain detaining factor may impact the bargaining power of consumers. These are the factors that may impact the demand for cutting equipment, thus in turn is restricting the revenue growth of the global cutting equipment market.

GET A CUSTOMIZED SCOPE TO MATCH YOUR NEED - https://www.persistencemarketresearch.com/ask-an-expert/13255

Segmentation Analysis

The cutting equipment market is segmented by cutting technology into plasma, oxy-fuel, laser, waterjet, and carbon-arc

By cutting technology, laser cutting technology segment is anticipated to continue to dominate the market in terms of value over the forecast period. The waterjet segment is expected to reflect high value and volume growth during the forecast period and is expected to register a value CAGR of 7.4% throughout the period of forecast

In terms of equipment type, mechanized is estimated to dominate the global cutting equipment market with a high market valuation

By end use, the others segment is the largest with high market value. The shipbuilding and offshore segment is expected to rise at a high CAGR of 6.3% during the period of forecast

By region, Asia Pacific is expected to reflect high lucrativeness in the coming years. In 2016, majority of the cutting equipment were sold in Asia Pacific, followed by North America andEurope. The sales of cutting equipment in North America and Europe is expected to be driven by strong adoption of highly precise and advanced cutting technology

GAIN COMPLETE ACCESS TO THE REPORT - https://www.persistencemarketresearch.com/checkout/13255

Vendor Insights

The report highlights some of the top companies operating in the global cutting equipment market such as The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works, Daihen Corporation, Hypertherm Inc., GCE Holding AB, Amada Miyachi America Inc., Koike Aronson Inc., Genetec (Shanghai) Corporation, among others.

Explore PMR's Extensive Coverage on Industrial Automation Domain -

U.S. Commercial Water Storage Tank Market - U.S. Commercial Water Storage Tank Market Segmented By Welded, Bolted Water Storage tanks Type in Steel, Carbon, Fiberglass Reinforced Plastic, Cement Material in Above-Ground Tanks, Underground Tanks Method: https://www.globenewswire.com/en/news-release/2022/06/06/2456927/0/en/U-S-Commercial-Water-Storage-Tank-Market-valuation-of-US-2-8-Bn-by-the-end-of-2032-Persistence-Market-Research.html

Deluge Valves Market - Deluge Valves Market Segmented By Pneumatic Deluge Valves, Hydraulic Deluge Valves, Electric Deluge Valves Release System in Water and Foam Application: https://www.globenewswire.com/en/news-release/2022/05/31/2453288/0/en/Sales-of-deluge-valves-are-predicted-to-increase-at-4-CAGR-by-2032-Persistence-Market-Research.html

Oil & Gas Data Monetization Market - Oil & Gas Data Monetization Market Segmented By Direct, Indirect Method as Oil & Gas Data-as-a-service Monetization, Professional Oil & Gas Data Monetization Services, Oil & Gas Data Monetization Software/Platform Component: https://www.globenewswire.com/en/news-release/2022/05/09/2438783/0/en/Oil-Gas-Data-Monetization-Market-is-anticipated-to-have-document-a-CAGR-of-14-9-during-the-period-of-2022-2032-Persistence-Market-Research.html

Contact us:
Persistence Market Research
305 Broadway, 7th Floor,
New York City, NY 10007
United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Web- https://www.persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Cutting Equipment Market - Overview On Demanding Applications 2025 here

News-ID: 2699879 • Views: 163

More Releases from Persistence Market Research

Construction Chemicals Market is Projected to reach a market value of US$ 21.6 B …
Construction Chemicals Market 2022 As per Persistence Market Research analysis, the construction chemicals market is projected to reach a market value of US$ 21.6 Bn in 2031, expanding at an impressive CAGR of close to 14% over the forecast period of 2021-2031. Request For Free Sample Report of Construction Chemicals Market @https://www.persistencemarketresearch.com/samples/22522 The analysis includes forecasted Construction Chemicals Market valuation and growth rate, as per the researchers' review. This India Construction Chemicals Market
Mosquito Repellents Market is expected to touch a US$ 10.6 Bn by the end of 2026
Mosquito Repellents Market 2022 The global mosquito repellent market is estimated to reach a value of over US$ 10,689.6 Mn by the end of 2026 while registering a CAGR of 8.0% between 2018 and 2026. Mosquito Repellents Volume Sales to Exceed 54,406 Mn Units in 2022. Request for Free Sample Copy of Mosquito Repellents Market Report@https://www.persistencemarketresearch.com/samples/25825 Environmental changes such as land-surface characteristics and variation in climate, along with increased anthropogenic activities comprising mining,
Caster Wheels Market Projection By Technology, Top Key Players, Demand, Segment, …
Caster Wheels Market 2022 According to a study, in 2015, injuries related to material handling cost business stood at $14.2 billion in direct expenses. Moreover, it was estimated that 10% of major back injuries in the industry are associated with pulling or pushing tasks. Therefore, due to the aforementioned reasons, the demand for caster wheels has increased over the years. Request for Free Sample Copy of Caster Wheels Market Report@https://www.persistencemarketresearch.com/samples/23782 Moving bulky items
Pressure Washer Market SWOT Analysis of Top Key Player Forecasts to 2031| Snow J …
Pressure Washer Market 2022 Pressure water manufacturers are focused on building advanced products catering to the need of end users. For instance, products with in-built water filter preventing dust and derbis from entering the pump, a pressure switch enabling automatic motor, and compact and light weight among others. For instance factors such as power output, water flow rate, weight, water pressure and accessories availability with the pressure washer are key essentials for

All 5 Releases