PUBLISHER: The Business Research Company | PRODUCT CODE: 1932429
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932429
The cutting tools, accessories, and consumables constitute metal instruments utilized for cutting, removing, and shaping materials through shear deformation. Commonly referred to as cutters, these tools are employed to cut materials and are typically pointed implements mounted on machine tools.
There are two primary methods for cutting tools such as multi-point and single-point tools. The key categories of cutting equipment, accessories, and consumables are manual cutting equipment, mechanized cutting equipment, and other variations. Manual cutting equipment involves machines used for the manual extraction of parts from layers of cloth, card webs, or knitted fabric. Technologies employed in this process include carbon arc cutting, plasma cutting, oxy-fuel cutting, laser cutting, and water jet cutting. End-users for these tools encompass the construction, heavy metal fabrication, shipbuilding and offshore, automotive, and various other sectors.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are affecting the cutting equipment, accessories, and consumables market by increasing costs of imported cutting machines, carbide tools, abrasives, consumables, and electronic control components. Construction, shipbuilding, and heavy fabrication industries in North America and Europe are most impacted due to reliance on imported high-performance equipment, while Asia-Pacific exporters face margin pressure. These tariffs are raising equipment procurement and maintenance costs. At the same time, they are driving domestic manufacturing, local sourcing of consumables, and innovation in cost-efficient and durable cutting solutions.
The cutting equipment, accessories, and consumables market research report is one of a series of new reports from The Business Research Company that provides cutting equipment, accessories, and consumables market statistics, including cutting equipment, accessories, and consumables industry global market size, regional shares, competitors with cutting equipment, accessories, and consumables market share, detailed cutting equipment, accessories, and consumables market segments, market trends and opportunities, and any further data you may need to thrive in the cutting equipment, accessories, and consumables industry. This cutting equipment, accessories, and consumables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cutting equipment, accessories & consumables market size has grown strongly in recent years. It will grow from $9.59 billion in 2025 to $10.14 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to expansion of construction and infrastructure projects, growth in heavy metal fabrication activities, increasing shipbuilding demand, rising use of mechanized cutting tools, availability of advanced cutting technologies.
The cutting equipment, accessories & consumables market size is expected to see strong growth in the next few years. It will grow to $12.7 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing automation in metalworking operations, rising demand for precision fabrication, expansion of industrial manufacturing capacity, growing adoption of laser and water jet cutting, increasing focus on productivity optimization. Major trends in the forecast period include increasing adoption of cnc and automated cutting systems, rising demand for high-precision cutting tools, growing use of advanced cutting technologies, expansion of wear-resistant consumables, enhanced focus on operational efficiency.
The rising demand for automation is expected to drive the growth of the cutting equipment, accessories, and consumables market. Automation involves the use of largely self-operating equipment within manufacturing or production systems, including the capability to remotely monitor and control cutting equipment. This is particularly valuable in large-scale industrial applications, enabling efficient maintenance and troubleshooting. For example, in September 2024, the International Federation of Robotics (IFR), a Germany-based non-profit organization, reported that industrial robot installations in the UK increased by 51% to 3,830 units, while in the Americas, over 50,000 units were installed for the third consecutive year, totaling 55,389 units in 2023. Therefore, substantial investment in automation by companies is expected to drive the cutting equipment, accessories, and consumables market.
Leading companies in the Cutting Equipment, Accessories & Consumables market are focusing on innovative solutions, such as tube laser cutters, to enhance cutting precision, improve operational efficiency, and meet the growing demand for automated and high-speed manufacturing processes. A tube laser cutter is a specialized laser machine designed to cut, engrave, or shape hollow metal tubes, pipes, and profiles with high precision. For example, in April 2025, Bystronic, a Switzerland-based provider of sheet metal processing solutions, launched the ByTube Star 330, an advanced 3-D fibre laser tube-cutting machine. The ByTube Star 330 features a modular design with three loading options, fully automatic tube feeding and sorting, and the ability to cut tubes and open profiles from 19 to 305 mm in diameter without setup time. Equipped with a 6 kW or 10 kW laser, it handles thick tubes and bevel cuts with high precision and supports drilling, tapping, marking, and phase cutting without manual intervention. Its intuitive touchscreen and Bystronic HMI ensure ease of use, and the machine can be customized to fit floor space constraints, maximizing production efficiency and reducing labor costs.
In June 2024, Sandvik AB, a Sweden-based engineering solutions company, acquired PDQ Workholding LLC for an undisclosed amount. Through this acquisition, Sandvik aims to strengthen its machining-solutions portfolio in North America, expand its tooling and fixture capabilities, and gain earlier access to component projects, thereby enhancing its presence in advanced machining and lightweight-materials markets. PDQ Workholding LLC is a US-based manufacturer specializing in custom cutting tools, including carbide round tools, indexable tool bodies, drills, end mills, reamers, and form cutting tools.
Major companies operating in the cutting equipment, accessories & consumables market are Colfax Corporation, GCE Group AB, Hypertherm Inc., Illinois Tool Works Inc., Messer Group GmbH, African Oxygen Ltd., BOC Ltd., Bug-O Systems Inc., Koike Aronson Inc., Linde AG, DMG Mori Seiki Co., ABB Group, American Welding And Gas, Bystronic AG, Lincoln Electric Holdings Inc., Fronius International GmbH, BURNY Kaliburn Lincoln Electric Co., C&G Systems, CNC Clear Cut, HG Farley LaserLab Co, Flow International Corporation, HACO-FAT, Hornet Cutting Systems, Jet Edge Inc., KMT Waterjet Systems, Komatsu NTC Ltd., KUKA AG, LVD Company nv, Mazak Corporation, OMAX Corporation, Prima Power, Salvagnini America Inc., SigmaTEK Systems LLC, Techni Waterjet
Asia-Pacific was the largest region in the cutting equipment, accessories, and consumables market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cutting equipment, accessories & consumables market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the cutting equipment, accessories & consumables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cutting equipment, accessories, and consumables market consists of sales of cutting equipment, accessories, and consumables including carbon arc cutting, plasma cutting, oxy-fuel cutting, laser cutting, and water jet cutting. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cutting Equipment, Accessories & Consumables Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses cutting equipment, accessories & consumables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cutting equipment, accessories & consumables ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cutting equipment, accessories & consumables market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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