Cutting Equipment United States Market 2020 and Forecast 2021-2027

  • TBI714207
  • November 25, 2020
  • United States of America
  • 144 pages
  • SAC Insights
                                          

Increasing demand for mechanized cutting equipment in fabrication is expected to be one of the major trends fueling growth of the global cutting equipment market in the near future. In developed countries, due to the shortage of skilled labor, the demand for cutting automation technology for fabrication and manufacturing purposes is on a rise. Major companies in several developed countries in North America and Europe have started using cutting robots for their manufacturing processes in order to reduce dependency on manpower. Increasing labor costs in turn increase overall manufacturing cost of products, especially in developed countries. This trend is also gaining popularity in some developing countries. Rapid growth of end-use industries such as construction, automotive, shipbuilding & offshore, and manufacturing is expected to drive global growth of the cutting equipment market, especially in the APAC region over the assessment period.

Market Analysis and Insights: United States Cutting Equipment Market

This report focuses on United States Cutting Equipment market. The United States Cutting Equipment market size is projected to reach US$ 3975.3 million by 2026, from US$ 2957.7 million in 2020, at a CAGR of 5.1% during 2021-2026.

United States Cutting Equipment Scope and Market Size

Cutting Equipment market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Cutting Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the Cutting Equipment market is segmented into

  • Manual
  • Mechanized

Segment by Application, the Cutting Equipment market is segmented into

  • Construction
  • Heavy Metal Fabrication
  • Shipbuilding & Offshore
  • Automotive
  • Others

Regional and Country-level Analysis

The Cutting Equipment market is analysed and market size information is provided by business regions.The key regions covered in the Cutting Equipment market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape and Cutting Equipment Market Share Analysis

Cutting Equipment market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Cutting Equipment business, the date to enter into the Cutting Equipment market, Cutting Equipment product introduction, recent developments, etc.

The major vendors covered:

  • Lincoln Electric
  • Colfax
  • Illinois Tool Works
  • Ador Welding
  • DAIHEN
  • Hypertherm
  • Amada Miyachi
  • KOIKE ARONSON
  • WB ALLOY WELDING
  • Kennametal
  • CERATIZIT
  • OMAX
  • Flow International
  • Barton International
  • Wardjet
  • Opta Minerals

This research comprehensively answers the following 9 important questions:

  • Q.1. What are some of the most promising growth trends in the Cutting Equipment market in United States?
  • Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  • Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth?
  • Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Cutting Equipment market?
  • Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Cutting Equipment market?
  • Q.6.What are the emerging trends post COVID-19 reshuffle in this Cutting Equipment market and the what are reasons behind these trends and do they translate in global exploration?
  • Q.7. Who are the major global and american regional players in the Cutting Equipment market? Which are the strategic initiatives key players are pursuing for business growth?
  • Q.8.Which are the competing products in Cutting Equipment american market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Cutting Equipment industry?

Table of Contents

Chapter 1. Preface
	
		1.1. Report Description
		
			1.1.1. Objective
			1.1.2. Target Audience
			1.1.3. Unique Selling Proposition (USP) & Offerings
		
		
		1.2. Research Scope
		1.3. Research Methodology
		
			1.3.1. Market Research Process
			1.3.2. Market Research Methodology
			1.3.3. Level 1: Primary Research
			1.3.4. Level 2: Secondary Research and Purchased Database(Statista, FactSet, Bloomberg, SDC Platinum)
			1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
			
Chapter 2. Executive Summary
	
		2.1. Global Cutting Equipment 2019-2029 (USD Billion)
		2.2. Global Cutting Equipment: Market Snapshot
	 
Chapter 3. Global Cutting Equipment - Industry Analysis
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