Press release
Plasma Cutting Equipment Market poised to expand at 4.0% CAGR by 2026
According to the report, the global market for plasma cutting equipment is expected to expand at a moderate CAGR of 4% over the forecast period, 2017-2026. By the end of this period, it has been estimated that the global plasma cutting equipment market will touch a valuation of US$ 795 Mn.Persistence Market Research has a comprehensive research report called Plasma Cutting Equipment: Global Industry Analysis (2012-2016) and Forecast (2017-2026). The report tracks the expansion of the global Plasma Cutting Equipment Market to date and the projected scenario for growth beyond forecast.
Provides the period 2017 -2026. Leading companies manufacturing plasma cutting equipment can utilize this proprietary market research and evaluate derived forecasts to improve their understanding of the market's subjective undercurrents and formulate informed strategies.
Revenue generated by market participants during the recent historical period has been aggregated to develop a baseline for market size projections. This quantitative information has been enriched with qualitative insights to provide accurate forecasts on the expansion of the global plasma-cutting equipment market.
Industry trends and untapped opportunities were identified.
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A Holistic Research Approach Covering a Global Perspective This
study is designed to address the challenges of all plasma cutting equipment manufacturers worldwide. Key factors addressed in the report include changing regulations governing the development of industrial tools and equipment, the complexity of sourcing raw materials, and the emergence of new design trends.
A comprehensive analysis of these factors provides a comprehensive understanding of how the production and adoption of plasma cutting equipment will change in the near future.
Plasma cutting equipment pricing, cost structure, and supply chain are studied in the report. By deciphering the regulatory perspective on plasma cutting equipment manufacturing, we have identified profitable methods and limited pathways in the global plasma cutting equipment manufacturing environment.
This report covers the major barriers hindering the adoption of plasma cutting equipment in the global manufacturing industry. By analyzing recent advances in industrial cutting processes, the introduction of advanced operating mechanics, and the growing shift from manual to automated equipment production, we have outlined a technology roadmap that predicts the evolution of plasma cutting equipment manufacturing in the near future.
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Detailed competition evaluation
This study provides market size estimates based on several metrics such as compound annual growth rate (CAGR), year-over-year growth rate (YoY), and absolute opportunity (dollars). A major benefit of using this report is evaluating the interpretation of these reviews for company performance and sales.
The major players in the global plasma cutting equipment market have been introduced in this study. Companies have been analyzed and researched categorically to reveal their current market position.
Plasma cutting system manufacturers' latest strategic developments have been documented in a comparative study. Both industry leaders and market players are featured in the report.
With the aid of this report, an in-depth competitive analysis can help plasma cutting equipment manufacturers plan their next steps towards their future market direction.
Companies
Colfax Corporation
Gentec
Messer group
Matheson tri-gas Inc.
Lincoln Electric Company
Illinois Tool Works Inc.
Air Liquide
Linde group
GCE holding AB
Fronius international GMBH
Others.
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Read more:
https://www.globenewswire.com/en/news-release/2018/02/19/1361229/0/en/Worldwide-Plasma-Cutting-Equipment-Market-to-Reach-US-795-Mn-by-2026-Persistence-Market-Research.html
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About us:
Expert analysis, actionable insights, and strategic recommendations - the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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