Cutting Equipment Market to witness steady growth at 5.2% CAGR by 2025

The global cutting equipment market was valued at above US$ 3.6 Bn in 2017 end and is expected to reach nearly US$ 5.5 Bn by the end of 2025, registering a CAGR of 5.2% over the forecast period.

Persistence Market Research (PMR)  analyzes the global cutter market in a new publication titled "Cutters Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025". This study presents 2016 data along with forecasts for the period 2017-2025. 

The primary objective of the report is to identify market dynamics and provide latest updates and insights affecting various segments of the global cutting equipment market and related consumables and accessories. To provide a better understanding of the market, the report also includes an analysis of drivers, restraints and trends across all five regions - Asia Pacific, North America, Europe, Latin America and Middle East & Africa representing the current market scenario. Future affecting the state of the global cutting equipment market during the forecast period .

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Report Structure

To understand and evaluate market opportunities and trends, the global Cutting Equipment Market report is segmented into several sections based on market segmentation by equipment type, cutting technology, end use, type, and region.

The report starts with a market overview, then provides a market definition and segmentation along with value chain analysis, regional pricing analysis, and various drivers, constraints, and trends influencing the market. The following sections include analysis of the global cutting equipment market by equipment type, cutting technology, end use, and regional/country level analysis.

All of the above sections evaluate the market based on various factors that affect it. Each section discusses qualitative and quantitative aspects of the global cutting equipment market. To provide a brief overview of revenue opportunities for segments by product type, end-use industry, and region/country, the report also includes volume data (units), absolute $ opportunities, and total incremental opportunities for each segment for forecast. period.

The final section of the report includes the global Cutting Equipment market structure and a detailed competitive landscape with market shares and company performance, giving the report audience a dashboard view of the major players in the global Cutting Equipment market along with their business strategies. This section is designed to help clients evaluate the strategies used by market leaders and design effective strategies accordingly.

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Research Methodology

For market data analysis, the report takes 2016 as the base year and provides comprehensive forecasts for 2017-2024. To calculate the market size, the report considers the weighted average price of cutting equipment based on cutting technology such as plasma, oxyfuel, laser, carbon arc, and waterjet cutting technology in key regions by region.

To derive the size of the market size, the consumption of cutting equipment was taken into account. To provide accurate forecasts, the report begins with an assessment of the current market, which forms the basis for how the global cutting equipment market will develop in the future. Important market data, including primary number and segment analysis, was developed through in-depth secondary research.

This data is then triangulated based on different industries, taking into account both supply- and demand-side drivers and other dynamics in different regional markets, along with primary interviews with manufacturers and industry experts working in the global cutting equipment market. . The forecasts presented in the report evaluate the actual usage of cutting devices and the projected consumption of the global cutting devices market during the forecast period.

The report also analyzes the different segments of the global cutter market in terms of basis point share (BPS) to understand the relative contribution of each segment to market growth. Information at this level of detail is crucial for identifying various key trends driving the global cutting equipment market.

The report also analyzes the global cutters market on the basis of absolute dollar opportunities. However, from a sales perspective, it is important to identify absolute dollar opportunities to identify potential resources in the global cutting equipment market.

PMR has developed a market attractiveness index to understand the major segments in terms of performance and growth in the global cutting equipment market. This market attractiveness index will help clients find genuine market opportunities in the global cutting equipment market.

Market Segmentation

By Equipment Type

• Manual
• Mechanized

By Cutting Technology

• Plasma cutting
• Oxy-fuel cutting
• Laser cutting
• Waterjet cutting
• Carbon arc cutting

By End Use Industry

• Construction
• Heavy metal fabrication
• Shipbuilding & offshore
• Automotive
• Others

By Type

• Equipment
• Consumables/Accessories

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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This release was published on openPR.