Market Research Logo

Global Plasma Cutting Machine Market 2017-2021

Global Plasma Cutting Machine Market 2017-2021

About Plasma Cutting Machine

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. Technavio’s 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
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
  • Würth
Market driver
  • Rise in automation
  • For a full, detailed list, view our report
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?


Press Releases

Technavio Announces the Publication of its Research Report – Global Plasma Cutting Machine Market 2017-2021

Technavio recognizes the following companies as the key players in the global plasma cutting machine market: ESAB, Hypertherm, Komatsu, Messer Cutting Systems, and NISSAN TANAKA.

Other Prominent Vendors in the market are: 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, and Würth.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Integration of biochemistry with plasma cutting. The plasma cutting industry is witnessing a remarkable technological trend through the integration of biochemistry, which will impact the market significantly. For instance, LubeCorp, a Canadian company, offers fluid for treatment of the water on plasma cutting tables. The main objective of this fluid is to prevent the formation of rust and corrosion. It also efficiently biodegrades any bacteria that comes in contact with the cut parts. The company has assured that the fluid can be safely discharged as it does not have any harmful impact on the environment.”

According to the report, one of the major drivers for this market is Rise in automation. Automation is employed to increase the anticipated quality and elevate the demand for products owing to the increase in globalization and growing population. The investments in global process automation continue to rise and the market is projected to reach $120 billion by 2019, with a growth rate of more than 6%. The growth is focused on areas such as hardware, technology, software and allied services, and the communication protocols used for automation.

Further, the report states that one of the major factors hindering the growth of this market is Expense involved in routine maintenance. The routine maintenance of plasma cutting machines leads to additional costs for the end-user, adding to the overall expenses. These machines need to be serviced and maintained regularly to ensure overall productivity, accuracy, and reliability. Even a machine downtime of a few hours can result in heavy losses for businesses.

Companies Mentioned

ESAB, Hypertherm, Komatsu, Messer Cutting Systems, NISSAN TANAKA, 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, and Würth.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Comparison between plasma cutting machine, waterjet, laser, and EDM
  • Market landscape
    • Market size and forecast
      • Table Global plasma cutting machine market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global plasma cutting machine market by end-user 2016 and 2021 (%)
    • Global plasma cutting machine market in automotive sector
      • Table Global plasma cutting machine market in automotive sector 2016-2021 ($ millions)
      • Table Global vehicle sales by vehicle type 2015 (%)
      • Table Region-wise performance outlook for automotive industry 2015-2021
      • Table Major investments planned in India from 2015 till date
    • Global plasma cutting machine market in aerospace and defense sector
      • Table Global plasma cutting machine market in aerospace and defense sector 2016-2021 ($ millions)
      • Table Specific air routes CAGR 2015-2025 (%)
      • Table Demand for new aircraft by region 2015-2034 (%)
      • Table Aircraft production by type 2015-2034 (%)
    • Global plasma cutting machine market in industrial machinery sector
      • Table Global plasma cutting machine market in industrial machinery sector 2016-2021 ($ millions)
    • Global plasma cutting machine market in electrical equipment sector
      • Table Global plasma cutting machine market in electrical equipment sector 2016-2021 ($ millions)
    • Global plasma cutting machine market in other sectors
      • Table Global plasma cutting machine market in other sectors 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global plasma cutting machine market by geography 2016 and 2021 (%)
    • Plasma cutting machine market in APAC
      • Table Plasma cutting machine market in APAC 2016-2021 ($ millions)
      • Table New aircraft needed in China 2015-2034 (%)
    • Plasma cutting machine market in EMEA
      • Table Plasma cutting machine market in EMEA 2016-2021 ($ millions)
    • Plasma cutting machine market in Americas
      • Table Plasma cutting machine market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Integration of biochemistry with plasma cutting
    • High-definition plasma cutting systems
    • Technological developments in CNC solutions
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • ESAB
      • Table ESAB: Handheld plasma cutting machines
      • Table ESAB: Mechanized plasma cutting machines
      • Table ESAB: Plasma torches
    • Hypertherm
      • Table Hypertherm: Product offerings
      • Table Hypertherm: Services
    • Komatsu
    • Messer Cutting Systems
    • NISSAN TANAKA
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report