Metal Cutting Machines (MCM): Global Strategic Business Report

Global Metal Cutting Machines (MCM) Market to Reach $10.1 Billion by 2030

The global market for Metal Cutting Machines (MCM) estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$10.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Laser Cutting Machine, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$6.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plasma Cutting Machine segment is readjusted to a revised 5.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 8.7% CAGR

The Metal Cutting Machines (MCM) market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.

Select Competitors (Total 13 Featured) -

• Amada Co., Ltd.
• Boye Laser Applied Technology Co., Ltd.
• Bystronic Laser AG
• Coherent Inc.
• Colfax Corporation
• Flow International Corporation
• Han’s Laser Technology Industry Group Co., Ltd.
• Koike Aronson, Inc.
• Lincoln Electric Holdings, Inc.
• Mass Cutting Systems
• Nissan Tanaka Corporation
• Omax Corporation
• Trumpf GmbH + Co. KG
• WARDJet
• Water Jet Sweden AB

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