Press Releases
 
Cutting Equipment Market to Value US$ 5 Bn by 2025

Cutting Equipment Market to Value US$ 5 Bn by 2025

New York, 6 February 2018 -- Cutting Equipment Market to Value US$ 5 Bn by 2025

Persistence Market Research delivers key insights on the global cutting equipment and consumable/accessory market in its latest report titled ‘Cutting Equipment Market: Global Industry Analysis (2012-2016) and Forecast (2017 – 2025)’. In this report, Persistence Market Research throws light on drivers and restraints likely to impact the market during the forecast period.

In the latest report by PMR on global cutting equipment market, the forecast has been revised until 2025. In 2017 was estimated to be US$ 3.6 Bn and is estimated to reach a value of over US$ 5 Bn Mn by 2025 end. Owing to macro-economic growth factors (GDP, inflation, employment, spending) growth in the target market the market size has been revised for the entire forecast period.

A major factor driving the growth of the global cutting equipment market, in the present scenario, is strong growth of the automotive sector. Furthermore, growing constructional industry supported by global megatrend of urbanization is expected to boost the growth of the global market. Moreover, promising demand from oil & gas industry, along with growing demand for cutting products from renewable energy industry are some of the factors which are estimated to drive the growth of global cutting equipment market during the forecast period.

Browse Full Research Report: https://www.persistencemarketresearch.com/market-research/cutting-equipment-market.asp

However, the global cutting equipment market is expected to face some challenges. Slow adoption of advanced cutting technologies and high operating cost to remain detaining factor may impact the bargaining power of consumers. These are the factors that may impact the demand for cutting equipment, thus in turn is restricting the revenue growth of the global cutting equipment market.

The cutting equipment market is segmented by cutting technology into plasma, oxy-fuel, laser, waterjet, and carbon-arc

By cutting technology, laser cutting technology segment is anticipated to continue to dominate the market in terms of value over the forecast period. The waterjet segment is expected to reflect high value and volume growth during the forecast period and is expected to register a value CAGR of 7.4% throughout the period of forecast.

In terms of equipment type, mechanized is estimated to dominate the global cutting equipment market with a high market valuation.

By end use, the others segment is the largest with high market value. The shipbuilding and offshore segment is expected to rise at a high CAGR of 6.3% during the period of forecast.

By region, Asia Pacific is expected to reflect high lucrativeness in the coming years. In 2016, majority of the cutting equipment were sold in Asia Pacific, followed by North America andEurope. The sales of cutting equipment in North America and Europe is expected to be driven by strong adoption of highly precise and advanced cutting technology.

Request and Download Sample Report@

https://www.persistencemarketresearch.com/samples/13255

The report highlights some of the top companies operating in the global cutting equipment market such as The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works, Daihen Corporation, Hypertherm Inc., GCE Holding AB, Amada Miyachi America Inc., Koike Aronson Inc., Genetec (Shanghai) Corporation, among others.

Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/cutting-equipment-market/toc



About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.



Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email:

Web: http://www.persistencemarketresearch.com

# # #


Submitted by CourtneyyParkerr, Big Market Research on Tuesday, 6 February 2018 at 2:59 PM
Category: Architecture & Construction
 
Related News

Innovative and Modern Kitchen Designs from Established Brands
Thursday, 9 Aug 2018

Best Game Place Offer Up to 50% off RS3 Gold for Double XP Weekend Aug.10
Thursday, 9 Aug 2018

SGX-Listed Hatten Land Unveils Plans for RM200M (US$49.2M) Water Theme Park
Tuesday, 7 Aug 2018

Global Plywood Market Overview 2018, Demand by Regions, Share and Forecast to 2023
Tuesday, 7 Aug 2018

Get The Best Bedford Milton Keynes Full Height Shutters Premium Made To Measure ABS & Hardwood Windo
Friday, 3 Aug 2018

Related Events

RIBA Smart Practice Conference
Thursday, 4 Oct 2018

Office Expo Asia (OEA) 2019
Wednesday, 10 Jul 2019

Latest News

Fertility and Pregnancy Rapid Test Kits Market to Expand with Significant CAGR During 2025
Wednesday, 15 Aug 2018

5 Finest Places to Download And Install Android Apps
Tuesday, 14 Aug 2018

Ways to Use Breast Enlargement Cream Successfully
Tuesday, 14 Aug 2018

New Physiocratic League Launches Campaign for the First Georgist Political Party in Decades
Tuesday, 14 Aug 2018

Wix donation
Tuesday, 14 Aug 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 15 August 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Federal Dispute Resolution Training 2018
  • SILICON VALLEY FINTECH WEEK 2018
  • Hemophilia Drug Development
  • Data Science Leaders East Coast Network
  • Sydney's Biggest Postgraduate Event - QS World Grad School Tour

  • Latest Jobs
    Sorry, there are currently no entries posted here.