The gas cutting machine market is forecasted to grow by USD 72 mn during 2023-2028, accelerating at a CAGR of 1.58% during the forecast period. The report on the gas cutting machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from conventional end-users of gas cutting machines, operational benefits over plasma cutting machines, and positive impact on capex and opex.
Technavio's gas cutting machine market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
1.54%
CAGR
1.58%
Incremental Value
$72mn
By Product
Stationary gas cutting machine
Portable gas cutting machine
By Application
Automotive
Aerospace and defense
Industrial machinery and equipment
Shipbuilding
By Geography
APAC
Europe
North America
Middle East and Africa
South America
This study identifies the technological developments in cnc solutions as one of the prime reasons driving the gas cutting machine market growth during the next few years. Also, additive manufacturing and increased m and a activities and strategic alliances will lead to sizable demand in the market.
The report on the gas cutting machine market covers the following areas:
Gas cutting machine market sizing
Gas cutting machine market forecast
Gas cutting machine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas cutting machine market vendors that include Ador Welding Ltd., ArcBro Inc., Enovis Corp., Esprit Automation Ltd., GasiQ, Haco NV, Hornet Cutting Systems, Hypertherm Inc., KALTENBACH GmbH Co. KG, Koike Aronson Inc., Messer Cutting Systems Inc., MULLER OPLADEN GmbH, NISSAN TANAKA Corp., Shanghai Huawei Welding and Cutting Machine Co. Ltd., SteelTailor, The Lincoln Electric Co., Voortman Steel Machinery BV, and Yildiz Gaz Armaturleri A.S.. Also, the gas cutting machine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Gas Cutting Machine Market 2018 - 2022
Historic Market Size - Data Table on Global Gas Cutting Machine Market 2018 - 2022 ($ million)