Plasma Cutting Machine Market Analysis APAC, Europe, North America, South America, Middle East and Africa - China, US, Germany, Japan, India - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 162 SKU: IRTNTR75104

Plasma Cutting Machine Market 2024-2028

The plasma cutting machine market size is estimated to grow at a CAGR of 5.62% between 2023 and 2028. The market size is forecast to increase by USD 539.92 million. The growth of the market depends on several factors such as the enhanced accuracy of cutting machines in cutting operations, the high demand for plasma cutting machines from shipbuilding sector, and the high growth potential in emerging economies. 

The report includes a comprehensive outlook on the Plasma Cutting Machine Market, offering forecasts for the industry segmented by End-user, which comprises automotive, aerospace and defense, industrial construction, electrical equipment, and others. Additionally, it categorizes Type into portable and stationary, and covers Regions, including APAC, Europe, North America, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.

What will be the size of the Plasma Cutting Machine Market During the Forecast Period?

Plasma Cutting Machine Market Forecast 2024-2028

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Plasma Cutting Machine Market Dynamic

Driver- Enhanced accuracy of cutting machines in cutting operations

Special-purpose machines such as CNC cutting machines can cut a wide range of materials, such as plastic, foam products, wood, rubber, and stainless steel, and produce high-quality cuts. These factors make them the preferred profiling method in end-user industries such as automotive, aerospace, electronics, and others. The heat-cutting process in plasma-cutting machines is used for profiling metal parts. In order to achieve optimal cuts and accuracy, CNC cutting machines use a precision plasma system.

Moreover, such a system uses a variety of gases, such as nitrogen, oxygen, or a mix of hydrogen, nitrogen, and argon, to generate the most precise and accurate cuts. The plasma-cutting machine market players are launching high-precision plasma systems in order to cater to the needs of different end-users. Thus, such developments and benefits are expected to drive the growth of the global plasma cutting machine market during the forecast period.

Trends- Increased M&A activities and strategic alliances among market players 

Partnerships and strategic alliances help the players in the global plasma cutting machine market to gain higher market shares, achieve product feature enhancements, and expand their geographic reach and product portfolios. Additionally, market players are also acquiring other market players to widen their product offerings and increase the distribution of their product lines across the world.

Furthermore, the market is also witnessing acquisitions that allow vendors to enhance their product reach. For instance, on March 7, 2023, ESAB acquired Swift-Cut, a global provider of CNC plasma cutting systems. The increase in M&A activities and strategic alliances is resulting in a rise in investments and innovations in the global plasma cutting machine market, which is subsequently supporting the growth of the market during the forecast period.

Challenge- High installation cost of plasma cutting machine

Plasma cutting technology offers several advantages when compared with the gas cutting technique; however, the initial investment plays a key role in choosing the type of equipment that end-users need to purchase and install. For instance, the initial investment in installing a plasma cutting machine is approximately six times higher than that of a gas cutting machine.

In addition, retrofitting plasma cutting machines cost 1.5 times more than gas cutting machines. Hence, the high-cost factor discourages many manufacturing industries from opting for plasma cutting machines and choosing other alternatives for metal-cutting technologies. Thus, such factors may impede the growth of the market during the forecast period.

Plasma Cutting Machine Market Segmentation by End-user, Type, and Geography

End-user Segment Analysis: 

The?automotive segment?will contribute a major share of the market. The automotive industry is the primary user of plasma cutting machines, where these machines are used for cutting the metal parts needed in almost every system in automotive vehicles, ranging from fuel delivery systems to airbag components. 

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The automotive segment? showed a gradual increase in market share with?USD 577.55 million?in 2018. Plasma cutting machines are more efficient in cutting lightweight metal parts. The passenger vehicle segment in the global automotive industry is growing owing to robust demand for both SUVs and cars. Therefore, the growing automotive industry worldwide is fueling the demand for plasma cutting machines, which, in turn, is driving the growth of the plasma cutting machine market during the forecast period.

Type Segment Analysis

Based on type, the market has been segmented into portable and stationary. The portable segment will account for the largest share of this segment.?Portable plasma cutting machines are primarily developed for high-quality and precision cutting applications. In addition to the high quality of the cut, these machines offer ease of operation and mobility.  Furthermore, portable plasma cutting machines are mainly used in the construction, repair, and maintenance sectors. In addition, the growing construction activities in the industrial sector, the rapid expansion of the automotive industry, and the above-mentioned benefits are driving the growth of the portable segment, which is anticipated to propel the growth of the market during the forecast period.

Regional Analysis

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APAC is estimated to contribute 47% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The plasma cutting machine market in China and India is expected to grow at a significant rate due to the increase in automotive production in countries such as China, India, and Japan. In addition, strongly supported by increased government funding for end-user industries across countries in the region will drive market growth in the next five years. 

Additionally, the growing demand for plasma cutting machines across industries, including automotive, has encouraged several players operating in the regional plasma cutting machine market to launch technologically advanced products, spurring the growth of the plasma cutting machine market in APAC during the forecast period. 

Who are the Major Plasma Cutting Machine Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Esprit Automation Ltd.: The company offers plasma cutting machine such as Lightning HD and Arrow.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

AJAN ELEKTRONIK, Automated Cutting Machinery Inc., C and G Systems Corp., ERMAKSAN MAKINA SANAYI VE TICARET AS, ESAB Corp., Haco NV, Hornet Cutting Systems, Hypertherm Inc., Illinois Tool Works Inc., JMT, Kjellberg Holding GmbH, Koike Aronson Inc., Komatsu Ltd., Kongsberg PCS, Messer Cutting Systems Inc., NISSAN TANAKA Corp., SICK AG, Spiro International SA, and The Lincoln Electric Co.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The plasma cutting machine market report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2018 to 2028. 

  • End-user Outlook 
    • Automotive
    • Aerospace and defense
    • Industrial construction
    • Electrical equipment
    • Others
  • Type Outlook 
    • Portable
    • Stationary
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Plasma Cutting Machine Market Scope

Report Coverage

Details

Page number

162

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.62%

Market Growth 2024-2028

USD 539.92 million

Market structure

Fragmented

YoY growth 2023-2024(%)

5.17

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 47%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AJAN ELEKTRONIK, Automated Cutting Machinery Inc., C and G Systems Corp., ERMAKSAN MAKINA SANAYI VE TICARET AS, ESAB Corp., Esprit Automation Ltd., Haco NV, Hornet Cutting Systems, Hypertherm Inc., Illinois Tool Works Inc., JMT, Kjellberg Holding GmbH, Koike Aronson Inc., Komatsu Ltd., Kongsberg PCS, Messer Cutting Systems Inc., NISSAN TANAKA Corp., SICK AG, Spiro International SA, and The Lincoln Electric Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Plasma Cutting Machine Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the plasma cutting machine market between 2024 and 2028
  • Precise estimation of the plasma cutting machine market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of plasma cutting machine market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global plasma cutting machine market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global plasma cutting machine market 2018 - 2022 ($ million)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Automotive - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • 6.4 Aerospace and defense - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)
    • 6.5 Industrial construction - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Industrial construction - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Industrial construction - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Industrial construction - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Industrial construction - Year-over-year growth 2023-2028 (%)
    • 6.6 Electrical equipment - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Electrical equipment - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Electrical equipment - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Electrical equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Electrical equipment - Year-over-year growth 2023-2028 (%)
    • 6.7 Others - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Portable - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Portable - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Portable - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Portable - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Portable - Year-over-year growth 2023-2028 (%)
    • 7.4 Stationary - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Stationary - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Stationary - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Stationary - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Stationary - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 111: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 AJAN ELEKTRONIK
              • Exhibit 123: AJAN ELEKTRONIK - Overview
              • Exhibit 124: AJAN ELEKTRONIK - Product / Service
              • Exhibit 125: AJAN ELEKTRONIK - Key offerings
            • 12.4 Automated Cutting Machinery Inc.
              • Exhibit 126: Automated Cutting Machinery Inc. - Overview
              • Exhibit 127: Automated Cutting Machinery Inc. - Product / Service
              • Exhibit 128: Automated Cutting Machinery Inc. - Key offerings
            • 12.5 C and G Systems Corp.
              • Exhibit 129: C and G Systems Corp. - Overview
              • Exhibit 130: C and G Systems Corp. - Product / Service
              • Exhibit 131: C and G Systems Corp. - Key offerings
            • 12.6 ERMAKSAN MAKINA SANAYI VE TICARET AS
              • Exhibit 132: ERMAKSAN MAKINA SANAYI VE TICARET AS - Overview
              • Exhibit 133: ERMAKSAN MAKINA SANAYI VE TICARET AS - Product / Service
              • Exhibit 134: ERMAKSAN MAKINA SANAYI VE TICARET AS - Key offerings
            • 12.7 ESAB Corp.
              • Exhibit 135: ESAB Corp. - Overview
              • Exhibit 136: ESAB Corp. - Product / Service
              • Exhibit 137: ESAB Corp. - Key offerings
            • 12.8 Esprit Automation Ltd.
              • Exhibit 138: Esprit Automation Ltd. - Overview
              • Exhibit 139: Esprit Automation Ltd. - Product / Service
              • Exhibit 140: Esprit Automation Ltd. - Key offerings
            • 12.9 Haco NV
              • Exhibit 141: Haco NV - Overview
              • Exhibit 142: Haco NV - Product / Service
              • Exhibit 143: Haco NV - Key offerings
            • 12.10 Hornet Cutting Systems
              • Exhibit 144: Hornet Cutting Systems - Overview
              • Exhibit 145: Hornet Cutting Systems - Product / Service
              • Exhibit 146: Hornet Cutting Systems - Key offerings
            • 12.11 Hypertherm Inc.
              • Exhibit 147: Hypertherm Inc. - Overview
              • Exhibit 148: Hypertherm Inc. - Product / Service
              • Exhibit 149: Hypertherm Inc. - Key offerings
            • 12.12 Illinois Tool Works Inc.
              • Exhibit 150: Illinois Tool Works Inc. - Overview
              • Exhibit 151: Illinois Tool Works Inc. - Business segments
              • Exhibit 152: Illinois Tool Works Inc. - Key news
              • Exhibit 153: Illinois Tool Works Inc. - Key offerings
              • Exhibit 154: Illinois Tool Works Inc. - Segment focus
            • 12.13 JMT
              • Exhibit 155: JMT - Overview
              • Exhibit 156: JMT - Product / Service
              • Exhibit 157: JMT - Key offerings
            • 12.14 Kjellberg Holding GmbH
              • Exhibit 158: Kjellberg Holding GmbH - Overview
              • Exhibit 159: Kjellberg Holding GmbH - Product / Service
              • Exhibit 160: Kjellberg Holding GmbH - Key offerings
            • 12.15 Koike Aronson Inc.
              • Exhibit 161: Koike Aronson Inc. - Overview
              • Exhibit 162: Koike Aronson Inc. - Product / Service
              • Exhibit 163: Koike Aronson Inc. - Key offerings
            • 12.16 Komatsu Ltd.
              • Exhibit 164: Komatsu Ltd. - Overview
              • Exhibit 165: Komatsu Ltd. - Business segments
              • Exhibit 166: Komatsu Ltd. - Key news
              • Exhibit 167: Komatsu Ltd. - Key offerings
              • Exhibit 168: Komatsu Ltd. - Segment focus
            • 12.17 Messer Cutting Systems Inc.
              • Exhibit 169: Messer Cutting Systems Inc. - Overview
              • Exhibit 170: Messer Cutting Systems Inc. - Product / Service
              • Exhibit 171: Messer Cutting Systems Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 172: Inclusions checklist
                • Exhibit 173: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 174: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 175: Research methodology
                • Exhibit 176: Validation techniques employed for market sizing
                • Exhibit 177: Information sources
              • 13.5 List of abbreviations
                • Exhibit 178: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              plasma cutting machine market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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