Metal Cutting Machine Market Report: Trends, Forecast and Competitive Analysis to 2030

Metal Cutting Machine Trends and Forecast

The future of the global metal cutting machine market looks promising with opportunities in the automotive, defense & aerospace, construction, marine, and electrical & electronics markets. The global metal cutting machine market is expected to grow with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are increasing implementation of industry 4.0 systems, growing demand for automatic metal-cutting technologies, and the quickly developing global building & construction industry.

A more than 150-page report is developed to help in your business decisions.

Metal Cutting Machine by Segment

The study includes a forecast for the global metal cutting machine by product , application, and region.

Metal Cutting Machine Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Laser Cutting Machine
• Waterjet Cutting Machine
• Plasma Cutting Machine
• Flame Cutting Machine

Metal Cutting Machine Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Defense & Aerospace
• Construction
• Marine
• Electrical & Electronics

Metal Cutting Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Metal Cutting Machine Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies metal cutting machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the metal cutting machine companies profiled in this report include-

• TRUMPF
• AMADA
• ESAB
• Bystronic Laser
• WARDJet
• Koike Aronson
• Nissan Tanaka
• Lincoln Electric Company
• Water Jet Sweden
• Flow International

Metal Cutting Machine Market Insights

Lucintel forecasts that laser cutting machine is expected to witness the highest growth over the forecast period due to excellent power efficiency and higher precision.

Within this market, automotive will remain the largest segment due to growing infrastructural activities.

APAC is expected to witness highest growth over the forecast period due to increasing opportunities for aerospace manufacturers, and economic developments.

Features of the Global Metal Cutting Machine Market

Market Size Estimates: Metal cutting machine market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Metal cutting machine market size by product , application, and region in terms of value ($B).

Regional Analysis: Metal cutting machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product , application, and regions for the metal cutting machine market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the metal cutting machine market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for metal cutting machine market?

Answer: The global metal cutting machine market is expected to grow with a CAGR of 6.0% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the metal cutting machine market?

Answer: The major drivers for this market are increasing implementation of industry 4.0 systems, growing demand for automatic metal-cutting technologies and the quickly developing global building & construction industry.

Q3. What are the major segments for metal cutting machine market?

Answer: The future of the metal cutting machine market looks promising with opportunities in the automotive, defense & aerospace, construction, marine, and electrical & electronics markets.

Q4. Who are the key metal cutting machine market companies?

Answer: Some of the key metal cutting machine companies are as follows.

• TRUMPF
• AMADA
• ESAB
• Bystronic Laser
• WARDJet
• Koike Aronson
• Nissan Tanaka
• Lincoln Electric Company
• Water Jet Sweden
• Flow International

Q5. Which metal cutting machine market segment will be the largest in future?

Answer: Lucintel forecasts that laser cutting machine is expected to witness the highest growth over the forecast period due to excellent power efficiency and higher precision.

Q6. In metal cutting machine market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing opportunities for aerospace manufacturers, and economic developments.

Q.7 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the metal cutting machine market by product (laser cutting machine
• , waterjet cutting machine, plasma cutting machine, and flame cutting machine), application (automotive, defense & aerospace
• , construction, marine, and electrical & electronics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?