Press release
Global Plasma Cutting Machine Market Become Dominant At CAGR Of 6.03% By 2021
About Plasma Cutting Machine Market
Plasma cutting is a process that is used to cut conducting materials. This process is used predominantly in the steel industry. A plasma arc is generated inside the plasma torch. Based on the metal and the desired quality levels, gases such as nitrogen, argon, compressed air, and argon and hydrogen (65%+35%) are used as plasma gas. This cutting method is most widely used to cut aluminum, thick stainless steel, copper, and other alloys of steel. Even for ferrous materials like mild steel, the quality of cutting achieved through this method is sharp and highly economical. This cutting technology is gradually substituting the traditional oxy-fuel cutting for materials with thicknesses in the range of 0.5-50 mm.
Technavios analysts forecast the global plasma cutting machine market to grow at a CAGR of 6.03% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global plasma cutting machine market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Plasma Cutting Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ESAB
Hypertherm
Komatsu
Messer Cutting Systems
NISSAN TANAKA
Other prominent vendors
AJAN ELEKTRONIK
Automated Cutting Machinery
C&G Systems
ERMAKSAN
Esprit Automation
HACO
Hornet Cutting Systems
JMTUSA
Kerf Developments
Kjellberg Finsterwalde
Koike Aronson
Miller Electric Mfg
MultiCam
SICK
SPIRO International
The Lincoln Electric Company
Voortman Steel Machinery
Wuhan Farley Laserlab Cutting Welding System Engineering
Wrth
Market driver
Rise in automation
For a full, detailed list, view our report
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Market challenge
Expense involved in routine maintenance
For a full, detailed list, view our report
Market trend
Integration of biochemistry with plasma cutting
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Market overview
Global plasma cutting machine market in automotive sector
Global plasma cutting machine market in aerospace and defense sector
Global plasma cutting machine market in industrial machinery sector
Global plasma cutting machine market in electrical equipment sector
Global plasma cutting machine market in other sectors
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PART 07: Geographical segmentation
Market overview
Plasma cutting machine market in APAC
Plasma cutting machine market in EMEA
Plasma cutting machine market in Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
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