Global Plasma Cutting Machine Market 2016-2020

  • TEC528363
  • 56 Pages
  • April 2016
  • Machines
About Plasma Cutting Machine

Plasma cutting is used predominantly in the steel cutting industry. This process involves cutting conductive materials using a plasma arc that is generated inside a plasma torch. Based on the metal and desired quality levels, gases such as argon, nitrogen, argon and hydrogen (65%+35%), and compressed air are used as plasma gas. This cutting methodology is most widely used to cut aluminum, copper, thick stainless steel, and other alloys of steel. Even for ferrous materials such as mild steel, the quality of cutting achieved through this method is sharp and highly economical. The plasma cutting technology is gradually substituting the traditional oxy-fuel cutting for materials with thicknesses ranging from 0.5 mm to 50 mm.

Technavios analysts forecast the global plasma cutting machine market to grow at a CAGR of 7.3% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global plasma cutting machine market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of plasma cutting machines to end-users such as the automotive and non-automotive sectors.

The market is divided into the following segments based on geography:

Technavio's report, Global Plasma Cutting Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Messer Cutting Systems
Nissan Tanaka

Other prominent vendors
Automated Cutting Machinery
C&G Systems
Esprit Automation
Farley Laserlab
Kerf Developments
Kjellberg Finsterwalde
Lincoln Electric
Retro Systems
Voortman Steel Machinery

Market driver
Need for automation
For a full, detailed list, view our report

Market challenge
Routine maintenance
For a full, detailed list, view our report

Market trend
Association of biochemistry with plasma cutting
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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