Quick Summary:
The Global Gas Cutting Machines industry, valued at US$720.2 Million in 2022, is currently undergoing significant growth and transformation, promising great returns for informed investors and businesses. Our comprehensive market research report provides decisive insight into an industry projected to reach a value of US$887.4 Million by 2030. The data and evidence-driven analysis demonstrated throughout this report will guide you in navigating the expanding landscape of the Gas Cutting Machines market, with particular focus on key segments such as Stationary and Portable.
This research report offers a detailed economy-by-economy breakdown of the industry, including projections for markets such as US and China, and a growth forecast for geographic contenders like Japan, Canada and Germany. The insights you stand to gain will equip you to create practical, profitable strategies that will leverage opportunities and mitigate risks. With exclusive access to extensive digital archives, bespoke updates, and complimentary updates for an entire year, this research report is a strategic tool that will prime your business for optimization and growth.
Global Gas Cutting Machines Market to Reach $887.4 Million by 2030
The global market for Gas Cutting Machines estimated at US$720.2 Million in the year 2022, is projected to reach a revised size of US$887.4 Million by 2030, growing at a CAGR of 2.6% over the analysis period 2022-2030. Stationary, one of the segments analyzed in the report, is projected to record 2.6% CAGR and reach US$601.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Portable segment is readjusted to a revised 2.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $194.2 Million, While China is Forecast to Grow at 3.9% CAGR
The Gas Cutting Machines market in the U.S. is estimated at US$194.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$170 Million by the year 2030 trailing a CAGR of 3.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.Select Competitors (Total 41 Featured) -
- Ador Welding Ltd.
- ARCBRO CNC CUTTING MACHINE
- ESAB
- Esprit Automation Ltd.
- Haco NV
- Harris Products Group
- Hornet Cutting Systems
- Koike Aronson, Inc.
- Messer Cutting Systems GmbH
- Nissan Tanaka Corporation
- Shangai Welding & Cutting Tool Works
- SteelTailor Ltd.
- Voortman Steel Machinery BV
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Gas Cutting Machines?
What is the growth rate of the Global Market for Gas Cutting Machines?
What is the forecasted size of the Global Market for Gas Cutting Machines?
Who are the key companies in the Global Market for Gas Cutting Machines?
| Report Attribute | Details |
|---|---|
| No. of Pages | 294 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 720.2 Million |
| Forecasted Market Value ( USD | $ 887.4 Million |
| Compound Annual Growth Rate | 2.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ador Welding Ltd.
- ARCBRO CNC CUTTING MACHINE
- ESAB
- Esprit Automation Ltd.
- Haco NV
- Harris Products Group
- Hornet Cutting Systems
- Koike Aronson, Inc.
- Messer Cutting Systems GmbH
- Nissan Tanaka Corporation
- Shangai Welding & Cutting Tool Works
- SteelTailor Ltd.
- Voortman Steel Machinery BV
